To: MichiganConservative
Modern inflation has as an element the increase in cost of currency exchanges, for example as the dollar loses value via over production, goods priced in Yuan will become more expensive.
53 posted on
08/04/2009 3:18:48 PM PDT by
padre35
(You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
To: padre35
...goods priced in Yuan will become more expensive.I'm not convinced that that is not an example of an effect of inflation - the over production of dollars.
63 posted on
08/04/2009 4:59:00 PM PDT by
MichiganConservative
(ObamaCare is socialism. It will do nothing but increase premature, unnecessary death.)
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