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Feb
5th
Sun
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As I will continue to say until I am blue in the face, you can’t rather suddenly add 3.5 billion people to the free market (half the world’s population) and not expect the 700 million people in the developed world to remain competitive at dramatically higher wages than those accepted by the new arrivals.
Tags: US   deflation   economics   inflation   fed  
21 notes   Comments (View)
  1. titocosta posted this
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