Deflation or a Seriously Undervalued Chinese Currency?
I was at Wal-Mart this morning buying groceries, and I happened to see this. A made in China, solar powered calculator, which Wal-Mart sells at a normal price of $1.11
There is enough profit all along the supply chain to make this work, and it sells at this incredibly low price. Inflation is certainly not the problem right now.
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There is enough profit all along the supply chain to make this work, and it sells at this incredibly low price. Inflation is certainly not the problem right now.
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