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How will inflation in China affect the USA?

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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 02:26 PM
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How will inflation in China affect the USA?
Given the regime's failing effort to curb inflation, as reported on Asian news media, inflation continues. So, if China continues to print money to peg value to the USD will it see more inflation than the predicted inflation in the USA?

Will this increase jobs here to a helpful level?

How will it affect our debt?

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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 02:37 PM
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1. In the short term, with inflation in the cost of the goods they produce.
In the long term, a lessening of corporate profit based on using near slave labor in China and shipping the goods around the planet to the US will make China look less attractive. Reopening plants in the US near the point of consumption will start to look a little more attractive.

This assumes they won't simply devalue the Yuan to compensate for it.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 02:37 PM
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2. What's going on
is that we are exporting a lot of our inflation to them... their own damn fault for pegging to us.
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Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 03:55 PM
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3. Walmart prices going up!
Won't be long before America will be consedered a cheap labor market in the world. Just keep holding them wages and benefits down.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-20-10 10:42 AM
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4. You'd have to pay more for cheap garbage
would one clearly visible change.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Dec-20-10 11:17 AM
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Message removed by moderator. Click here to review the message board rules.
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-21-10 07:37 PM
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6. Eventually they will break the peg...
and import the inflation to us.
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