The Consumer Product Safety Commission works with companies to issue recalls when it finds consumer goods that can be harmful.

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Asset-price inflation is just as harmful for economies as inflation in the prices of goods and services.

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Mr Bradbourn said the one-bag rule was harmful to regional airports as it put passengers off from buying goods at duty-free shops.

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The answer is that asset-price inflation can be harmful to economic health in the same way as inflation in the prices of goods and services.

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The EEA report warns that, given the increase in both goods and people moving around the globe, the "number and impact of harmful IAS in Europe may grow significantly in the future".

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