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> That's not a virtuous cycle, that's inflation. From purely a price perspective, sure. But there are other advantages to maintaining production capacity with
by rootusrootus 9mo ago
> That's not a virtuous cycle, that's inflation.
From purely a price perspective, sure. But there are other advantages to maintaining production capacity within our own country.
Plus, doesn't offshoring effectively push the whole world towards a common cost-of-living/income ratio? Great if you're labor in a struggling country, bad if you are labor in the richest country in the world.