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> There is no untapped source of demand. Or you'd be selling beef to them already.

Import is buying. You will have higher prices because stuff you buy is more expensive.

But also, export as in selling others tend to go up as currency looses value.

> Increase in prices doesn't necessarily mean inflation.

What do you think inflation is?




"You will have higher prices because stuff you buy is more expensive."

Why? Why won't the supplier have lower income because they have no other alternative than to sell for the same USD amount as they did before?

Why is the supplier always the price setter? Can you always charge your customers anything you want to and they keep buying?

The customer is king, but not when FX is involved? How does that work?

"What do you think inflation is?"

It's a general rise in the entire price range. If the price of eggs goes up, but your wage didn't then that is a redistribution of scarce resources, not inflation.

That is, after all, how price competition works.




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