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Strategies & Market Trends : Classic TA Workplace
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To: Perspective who wrote (60306)11/24/2002 8:57:11 AM
From: KyrosL  Read Replies (1) of 209892
 
But a lot of the goods we import come from Asia, and almost all of our Asian trading partners fix their currencies to the dollar. The Japanese don't fix the yen but are busily managing the yen down whenever it attempts to gain some traction. So, that leaves only the Euro. European goods may go up, but they are mostly luxury goods with not much representation in the CPI. I agree with you that inflation is already rearing its head, but it's the domestic service rather than the imported goods kind.
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