The changing world order

We all appreciate that much of the world's relative wealth is shifting from the western hemisphere to the eastern hemisphere. Research indicates that the actual cost of all things in the western hemisphere will increase. Even though the west will continue to grow to be "bigger and better" than it has ever been. The actual disparity between the haves and the have not nations will decrease. Such non-disparity means that more people will have access to more cash and therefore the actual relative value of that cash in terms of purchasing power will likely decrease. So perhaps China will eventually take the position of the developed world.