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To: KyrosL who wrote (60327)11/24/2002 9:55:58 AM
From: Moominoid  Respond to of 209892
 
There are two aspects - rising commodity prices in USD terms if the USD is depreciated.

And if the USD strongly depreciates against the Euro (it is hard to see it depreciating against the Yen in the short-run that is true) what will China do to its exchange rate? Does it want to import the American inflation? In the short-run it would try to resist which would slow this effect.

There are also capital goods imported from Europe like Airbus planes...