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| By Yael Pollak, Adi Dovrat, Ido Baum, Amitai Ziv, and Ma'ayan Cohen: Who stands to gain as dollar plunges against the shekel? |
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Title: | #6 Eric |
| | Name: | MR | |
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I am no economist but I suppose if all the relevant prices would adjust to the low dollar, one could live in Israel with less money at the same living standard as before, due to lower prices.
Then he could sell his product to USA with the same old price and be as happy as usual in Israel with less profit in NIS because it would buy him the same living standard as before.
The problem is that prices either stay unchanged or climb against all logic. |
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