Tuesday, July 15, 2014

what about the price!

Recently, my roommates and I went to the supermarket near Yale. Although we have heard something about the price of commidities in U.S.A., we were still astonished by the fact there.

 
 
We were wondering how the price in U.S could be kept so low. The income level and the GDP  in US rank highly around the world, but for a long time the people are always suspecting that how this nation can keep the price of commodities low and static. Some friends in China will say that when we take the exhcange rate into account, the price in US is as high as in China. But one element should not be ignored, that is, the buying capability of money.
 
 
 
 
This topic has aroused hot discussion in my friedn circle. Some of them make fun that Americans have exploited the whole world. We all know that is not the source. Perhaps the secret lies in the better contol of the cost. But how can they succeed in doing that?
 
 
 
 


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