Inflation is caused by exchange rate fluctuations. As long as there are other currencies, other markets we trade with there will be inflation.
In fact, study “declining terms of trade.”
Countries that provide raw materials will always experience inflation compared with countries that create manufactured goods.
This puts manufacturing countries at the receiving end of the global economy. China took our jobs and our wealth.
Unions priced us out of manufacturing and slave labor made China a bargain for multinational firms.
There is no currency that doesn’t experience inflation. The gold standard experienced it. That is why we decoupled from gold— so we could compete.
Need to brush up on global economics anons.
As far as Q goes, this global reset idea has never been part of the discussion.
Stop insinuation this.