Inflation doesn't have to be produced by consumers. The water heater I bought at Home Depo three months ago was $214 and yesterday as I bought another was $269. I don't think a lot of water heaters were in demand, it's just the cost of production working into the system. Things won't sell for less than costs, and costs in China are going up.
-
Inflation doesn't have to be produced by consumers. The water heater I bought at Home Depo three months ago was $214 and yesterday as I bought another was $269. I don't think a lot of water heaters were in demand, it's just the cost of production working into the system. Things won't sell for less than costs, and costs in China are going up.
Nov 15 08:09 am
|Rating:
+1
0
All Comments by montross515 »The Deflation Debate Continues [View article]