schizoidman@lemm.ee to World News@lemmy.worldEnglish · 6 days agoChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comexternal-linkmessage-square128fedilinkarrow-up1217arrow-down17file-textcross-posted to: worldnews@lemmy.ml
arrow-up1210arrow-down1external-linkChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comschizoidman@lemm.ee to World News@lemmy.worldEnglish · 6 days agomessage-square128fedilinkfile-textcross-posted to: worldnews@lemmy.ml
minus-squareFlying Squid@lemmy.worldMlinkfedilinkEnglisharrow-up21arrow-down4·6 days agoObama would have been president for one year in 2009 and I still would hope he understood the problem with deflation. Xi Jinping has been in power for over 12 years now.
minus-squarecyd@lemmy.worldlinkfedilinkEnglisharrow-up6·6 days agoFears about persistent deflation in China are relatively recent. It’s come up now because of the live question of whether the government should engage in a big fiscal stimulus (the same debate the US went through in 2009).
Obama would have been president for one year in 2009 and I still would hope he understood the problem with deflation.
Xi Jinping has been in power for over 12 years now.
Fears about persistent deflation in China are relatively recent. It’s come up now because of the live question of whether the government should engage in a big fiscal stimulus (the same debate the US went through in 2009).