Usually eaten up by the Fisher effect [1] to the extent that it's hard to execut... | Hacker News

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		grenoire on May 10, 2021 \| parent \| context \| favorite \| on: The Ultimate Guide to Inflation Usually eaten up by the Fisher effect [1] to the extent that it's hard to execute. [1] https://en.wikipedia.org/wiki/International_Fisher_effect

midjji on May 10, 2021 [–]

Single internal market inflation would be accounted for up to global inflation by this to some extent, but it does nothing for internal market differences. Even if tolls were entirely removed you would buy your rice at the local market, probably at 40x the international price.

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