Quote:
Originally Posted by LWJ
I am not even an armchair economist. But, you mentioned that value of the dollar is diminished.
I see exchange rates being very favorable in the last 12 months.
This is a question, as I am out of my expertise here.
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The very definition of inflation: Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.
In this case, it is runaway inflation the last two years...the worst in the lifetime of many.
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