Why is re-industrialization in the U.S. likely to drive inflation higher?
Replied byAaron Hoddinott
Founder & Managing Director at Pinnacle Digest
Niche: Finance
Revenue: Not Publicly Disclosed /month
Location: Calgary, Alberta, Canada
Started: 2008
Re-shoring manufacturing requires building domestic factories and paying higher wages. While offshore manufacturing was highly disinflationary, rebuilding the industrial base under a weaker dollar and lower rates will make inflation a persistent challenge.
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