4 ms·
This feels like a cop out. If this were just a property of imports and US monetary policy, then should foreign inflation be in proportion to US imports?
by UncleMeat 4y ago
This feels like a cop out. If this were just a property of imports and US monetary policy, then should foreign inflation be in proportion to US imports?
- whatever1 4y agoEven for US production, if we assemble let’s say motherboards with imported microchips, suddenly our prices went up. It is not because wages were up. Crushing the wages and sending people to unemployment will not solve the problem of imported inflation. Unless you are the sole importer of goods for every exporting economy.