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by nly
1836 days ago
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Foreigners only bare the brunt of the inflation if they own USD denominated debt or other fixed income assets. Americans suffer if the dollar inflates because imports get more expensive and rates demanded on USD debt purchased by foreigners will go up, making the loans more expensive in America. |
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If the local latin currency floats freely, there is nothing stopping foreigners from buying currency ans buying up real estate.
The US exports inflation in droves.