How will AI impact inflation? #shorts #ai #inflation #economy #markets

What were the larger forces that kept inflation down and have they gone away. >> Well, a very important force that was keeping inflation down was globalization. It was the case after China entered the WTO 25 years ago that goods were coming out of China and was holding goods prices down.At the same time, immigration globally also went up. That also messed that the cost of labor and wage inflation was also held down. So those forces were weighing on inflation for literally two decades after 2000 because we s ...