Normal
Living in Australia, I've noticed that prices are ratcheted.When the AU dollar drops, imported goods prices go up. When the AU dollar rises, prices stay the same. It's the importers who benefit.So AU up, importers win, exporter lose. AU down, exporters win, importers raise prices to maintain costs and add more profit next AU rise.So to finish, no purchasing power for every day aussies is not increased at all.It's all these oligopolies.
Living in Australia, I've noticed that prices are ratcheted.
When the AU dollar drops, imported goods prices go up. When the AU dollar rises, prices stay the same. It's the importers who benefit.
So AU up, importers win, exporter lose. AU down, exporters win, importers raise prices to maintain costs and add more profit next AU rise.
So to finish, no purchasing power for every day aussies is not increased at all.
It's all these oligopolies.
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