Is China Exporting Its Defilation?

As productivity improves then prices tend to come down, because it's cheaper to make stuff cause we're better at making it. Prices come down even more if you can make your stuff in countries where labor is really cheap. And so that's when we hear people talking about china exporting its defilation. We'll all the way through the naughtiesand and the next decade, the 20 tens, the twelv guineas, whatever they're called china. But like house prices in the u k, go up ten to 15 % a year. Are you seriously telling me if flationis not ten to 15% a year? Everyone needs a house to live in.

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