3 ms·
I think you're conflating two ideas. First, inflation internal to the US manifests itself, often enough, as higher prices. Second, the reason this is good for
by j2d2j2d2 15y ago
I think you're conflating two ideas.
First, inflation internal to the US manifests itself, often enough, as higher prices.
Second, the reason this is good for exports is because it usually also takes less of the foreign currency to purchase our goods.
- nerfhammer 15y agoinflation is defined as higher prices
- j2d2j2d2 15y agoThat is correct. However, the purchasing power of non monetary items is not effected by inflation.