U.S. companies buying from China face a double whammy: Not only are prices rising in terms of the yuan, but Beijing has also quietly begun allowing the yuan itself to rise at a faster pace against the dollar.
Deflation has spoiled (us). The chef does recommend the inflation though. It is fresh. We just shipped in some last night.
Many manufacturers, as well as retailers of manufactured goods, have not yet raised prices, hoping to hold on to market share even as China's production capacity keeps growing.
Many home builders, as well as sellers of manufactured homes, have not yet raised prices, hoping to hold on to market share even as United States housing capacity keeps growing.I know this sounds crazy, but ever since yesterday on the road, I've been seeing this shape. Shaving cream, pillows. Dammit! I know this. I know what this is! This means something. This is important. - Roy Neary, Close Encounters of the Third Kind, 1977
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