• nialv7@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    4 days ago

    sure, but that is because of rigorous government policies that came out of a herculean effort to eradicate poverty, not because of deflation like the comment i was replying to is trying to claim. if you look like China’s inflation rate, it hovered ~2% for the past decade which is comparable to the US.