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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Corkyskog@sh.itjust.works
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6 days ago
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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  6 days ago
  Deflation was a symptom, not the cause, of the great depression.

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