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Emeritus Prof Christopher May /
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2023-09-20 05:47:42

Emeritus Prof Christopher May on Nostr: Meanwhile in the global #supplychain; At the far end (for many goods) in #China, ...

Meanwhile in the global #supplychain;

At the far end (for many goods) in #China, there is currently ongoing #deflation in factory gate prices;

But, at least presently, it would seem that #profits at various stages in supply chains (as well as regulatory costs inc. #taxes), are swallowing up any extra margin(s) that might be caused by such deflation.

So, it real wages are lagging #inflation, taxes are stable & its not the Chinese suppliers, whose pushing up prices?

hmmmm...[scratches head]
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