schizoidman@lemm.ee to

World News@lemmy.worldEnglish · 1 year ago

China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

cross-posted to:
worldnews@lemmy.ml

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China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

schizoidman@lemm.ee to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
worldnews@lemmy.ml

"Don’t people like it when things are cheaper?" Chinese President Xi Jinping reportedly asked his advisers.

cross-posted from: https://lemm.ee/post/51182148

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circuitfarmer
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- Corkyskog@sh.itjust.works
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  Your thinking of disinflation, not deflation…
  
  Ask the average person how great the Great Depression really was to live through.
  - hark@lemmy.world
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    Deflation was a symptom, not the cause, of the great depression.

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