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To: Wyätt Gwyön who wrote (20788)10/27/2004 4:08:24 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
in the real world outside of Wall Street, this sort of thing is called inflation.

Remind me when walmart raises prices.

you overlook three important points
1) It is not inflationary at all if fewer workers produce those goods. Productivity increases have negated much of those rises
2) In China the major cost to manufactoring is prices of commodities not price of labor.
3) Companies in China have not been passing on commodity price increases that haave soared. Good luck passing these hikes on with oil slowing and consumer spendable $ tighter, and housing stalling, and jobs sucking.

All in all it is meaningless.
Again Remind me when walmart raises prices.

There is no inflation until that happens.
Mish