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Competition Will Deflate You! November 30, 2004

Posted by jbwan in General.

The wonderful OECD have come to the amazing conclusion that competition in the market might help to curb inflation. Hmm let me see, decreased monopoly in certain areas, reduced prices, lower consumer spending (assuming excess demand for superflous items is not an issue). Now how did they ever come to that conclusion??? source: Irish Times

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