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RE: An Example of Free Trade Versus Tariffs

in #money6 years ago

I really feel for the people of Venezuela. The inflation of prices there is unbelievable.

Here in the United States, according to John Williams, the true inflation rate is about 10%. I know what that feels like. A doubling of prices in a short period of time is just unimaginable to me, but I know it could happen here in the United States at some point (especially if the U.S. dollar loses world reserve currency status).

Have a great weekend!
Steem on,
Mike

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