Homeshoring and Inflation

There has been much talk recently in the financial markets about the "inflation threat."  For the last few years I thought that we were going to witness high inflation due to all of the money the Fed was printing.  However, I waited and waited.  And waited.  And nothing happened.  So what's going on with inflation and what does homeshoring have to do with it.

I think inflation is not going to be a significant issue because globalization, technology, and more demanding financial markets are not going to allow companies to raise prices (and thereby lose their market share and destroy shareholder value).  Homeshoring and related trends will help companies keep cost under control while still making productivity improvements – in other word getting a lot more bang for the buck.  This will be one way among many that consumer prices will be kept under control.