World News@lemmy.worldEnglish · 8 days ago

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

fortune.com

116

cross-posted to:
worldnews

198

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

fortune.com

schizoidman@lemm.ee to

World News@lemmy.worldEnglish · 8 days ago

116

cross-posted to:
worldnews

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

fortune.com

“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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8 days ago
They’re not entirely wrong about it increasing the value of debt and that being undesirable to some governments, though. I agree with you as well.

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