4 ms·
there is some truth in that rant. The inflation, btw, can be imoorted via currency exchange. For example, anything for which you pay in dollars (a strong dolla
by germandiago 4y ago
there is some truth in that rant. The inflation, btw, can be imoorted via currency exchange.
For example, anything for which you pay in dollars (a strong dollar now) is more expensive. If you add the exchange rate to the fact of the inflation itself you end up paying the sum of both differences.
The strong dollar is also the reason why EU has no choice but to follow the interest rate escalation from dollars: if they do not do it, people run away to buy follars because the euro suffers depreciation.
Complex topic, with more ramifications than it looks at first.