what is the meaning of underlined sentence?
A cost of living higher than in most other parts of Mexico affected every one, as did theslowly d evaluating peso.Some American were plainly resented for their profiteering and profligate spending power.p142 ?
'profiteering and profligate' - these words (adj) are used to describe the author's opinion of the power some Americans have in spending.
profiteering - the aim of making a profit
profligate - wasteful (in this context) or immoral