Lately, the import prices have surged, while export prices still sit at the same level. Peter Schiff explains that import prices are up because U.S.A. is printing so much money. All of that money is trying to buy stuff overseas, but since there is no stuff to buy anymore, prices will need to go up. This is not a problem of "shortage", it is a problem of an abundance of dollars.
There are no inventories left, while everyone is buying stuff.
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