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A comment on The rich world needs higher real wage growth. Parent comment

Re:The rich world needs higher real wage growth by xapata on Sunday July 01, 2018 @12:03PM (#17436105)
What mechanism causes this deflation for commodities and basics? How much of the economy is basics?
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Re:The rich world needs higher real wage growth by mozumder on Sunday July 01, 2018 @12:13PM (#17436157)
Efficiency and automation reduces commodity prices.

Just transporting food is a huge cost. Get transport costs down and you reduce food costs.

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