Jak USA eksportują inflację?

Kiedy podaż dolarów wzrasta, import do USA staje się droższy. Wiele gospodarek rozwijających się musi sprzedawać na ogromnym amerykańskim rynku konsumenckim, więc kraje te muszą zdewaluować własne waluty, aby zachować konkurencyjność. Powoduje to inflację w gospodarkach rozwijających się.

How Does the United States Export Inflation?

Here’s how this works, broken down into simple steps: 
The US Federal Reserve lowers interest rates or creates dollars through quantitative easing – both of which are aimed at increasing the total supply of dollars in the world. 
The Fed’s actions allow cheaper dollar credit to be accessed by the US Federal Government, US companies, and those with connections to American banks. When this credit is used by taking out loans, new dollars are created. 
Those who receive new dollars spend them – often on imports to the US – and the extra dollars end up circulating in foreign countries. 
Now, foreign countries are flooded with new dollars and their governments face a choice:Let their own currency appreciate in value against the dollar, which would reduce the country’s competitiveness in the world market and decrease their exports.
Create more of their own currency to stabilize its value against the dollar and retain competitiveness on the world market. However, this causes price inflation for their citizens and makes imports more expensive.