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World News@lemmy.worldEnglish • 4 months 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

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World News@lemmy.worldEnglish • 4 months 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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@Corkyskog@sh.itjust.works
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17•4 months 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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  -1•4 months ago
  Deflation was a symptom, not the cause, of the great depression.

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