Quote:
Originally Posted by codeman671
Will we see it in the lakes region? Most likely no. If anything, it would be people trying to gouge.
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Seems completely obvious that everybody who buys goods made in China will see it on those and related products.
Also, when you say "gouge", I think you're referring to normal capitalist profit-maximization. That's not to say it's good or bad, just to say that it is typically inescapable. If you were a CEO competing against China today, and all of a sudden your competitors' prices increased by 25%, would you really hold your current prices exactly where they are today? If yes, how long would your shareholders be OK with you running the company?
Check out my link in earlier post for a recent case study