Is inflation making a comeback?
Business Daily
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Is There a Globalization Impact on the Prices of Goods?
Wel, i think we're in a different inflationry era to the 70 s eighties and nineties. The worry now is that that impact on the prices of goods like i t goods, clothing, is beginning to go into reverse. Countries which produce those cheap goods oursight seeing higher wage increases and higher labor costs. So the fact that globalizationis delivered lower prices in some sectors in the past doesn't mean we can rely on that to continue indefinitely into the future.
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