Wal-Mart economy keeps lid on US inflation: study
Nov 04 12:50 PM US/Eastern


The "rock-bottom" pricing strategy used by retail giant Wal-Mart has
filtered into the US economy and kept a lid on inflation, according to a
study commissioned by the company and released.

The study by the economic research firm Global Insight concluded that the
discounting along with other measures led to cumulative savings for
consumers of 263 billion dollars between 1985 and 2004, or 895 dollars per
person.

The researchers concluded that Wal-Mart had a positive impact on US
employment, generating 210,000 jobs by 2004, or 0.15 percent more that would
have existed without Wal-Mart.



http://www.breitbart.com/news/2005/1....waok0hd4.html