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by medium_burrito
1850 days ago
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I think the reason it hasn't hit consumers more is because most consumers cannot afford assets. The best analogy I can make is Ecuador, which although one of the poorest countries in SA has very high prices on average. It was explained to me that this is because government salaries are pegged to a certain rate, and that basically forms the middle class. All the poor cannot buy stuff anyway, so the high prices don't really matter in that sense. |
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