Quote:
Originally Posted by snipeshot08
Although what you have stated is somewhat economically true, i.e. it means that the distributor of coca-cola in Vietnam have to pay approx. 1% more when he import into Vietnam due to the 1% decreased buying power but this does not necessarily means everybody will increase the retail price by 10% leh
Actually altho I am not an economic expert, you may want to re-read Fisher's Equation again as it actually contradicts what you have tried to explain
Cheerios.....SS08 ^_^
|
ya lor...me also read and dun see what his explanation corresponds to Fisher equation...
even after devaluation...VND still strong...haizzz...going to be a tough few months...