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Call it the advantages of global wealth redistribution as a outcome of the falling value of the dollar (a mouthful I know, but swallow that doughnut and follow alongside). In effect, Brazilians, Europeans and South Africans are subsidizing our domestic usage. Countries that insist on 'pegging' their currencies to the dollar- China, India and korean casino, for example- are bearing the brunt of U.S. monetary policy. We are exporting our inflation to them.
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