Originally Posted by glamorousfashion
I don't think, that the threat of high prices is within America only. It is actually happening in the Philippines right now especially that the exchange rates of dollar to Peso went up. That would mean a decrease in the value of the Philippine money.
I totally agree! It seems that some places are having the difficult time to catch up with the high cost of living. Philippines is one of them. The value of Peso went down and the high cost of commodities went up because of the increase in dollar exchange rates.