Comment by samvega_

That's not true in general, because import prices go up during inflation, and foreign investments go down, which might lead to foreign investors pulling out, and other effects. The US is in a unique position due to them keeping the USD stable internationally by being the world reserve currency, a status the US government abuse by printing an excess of dollars. US inflation is in practice a taxation of the international community who must mostly purchase oil in USD, and are otherwise financially tied to the US.