Correct me if I'm wrong, but wouldn't this be a sign of inflation if food prices... | Hacker News

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		jeffool on Aug 11, 2011 \| parent \| context \| favorite \| on: An Idea for the Economy that will Freak Out a lot ... Correct me if I'm wrong, but wouldn't this be a sign of inflation if food prices were going up here, but not in non-dollar places? Food prices are going up universally. It's not a matter of shopping for groceries, it's knowing how much other nations are paying.

danenania on Aug 11, 2011 [–]

It's not so simple when the dollar is the world's reserve currency. The US exports inflation.

jeffool on Aug 11, 2011 | [–]

Well, consider me educated! Thanks!

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