Monday, July 21, 2008

China exporting inflation vs. deflation

It seems like almost every product we buy today is made in China... Because this product is purchased from China, they have become a much wealthier country... China's stock market climbed by an estimate of 92% in 2007... With China's recent growth of their economy their products we buy are costing us more due to costing them more... where as before it was becoming cheaper as their productivity grew, but after a while inflation began to take over... So now China is exporting inflation instead of deflation, meaning that the products we buy from china are costing us more now too... so at some point with shipping cost and companies paying "bribe" money to the Chinese government it will cause American companies to raise their prices to the same level as if it was made right here, but without Americans being paid wages to make it... But these companies have spent billions already in order to make product there so they will not likely return to American made products... This is another cause of inflation in America which will cause the dollar to be worth less.

1 comment:

Unknown said...

If you're attempting to lose fat then you certainly need to jump on this brand new personalized keto meal plan.

To create this service, certified nutritionists, personal trainers, and professional chefs have united to develop keto meal plans that are powerful, suitable, money-efficient, and enjoyable.

From their launch in early 2019, hundreds of clients have already completely transformed their figure and well-being with the benefits a proper keto meal plan can provide.

Speaking of benefits: clicking this link, you'll discover eight scientifically-confirmed ones provided by the keto meal plan.