In honor of Thomas Paine and other Founders & Immigrants. In memory of my daddy Horst Bingel and my mom Irma Bingel
Saturday, June 14, 2025
Why China’s Deflation Crisis is (Still) Getting Worse
Very recommendable! Indeed, price deflation can be as detrimental to an economy as price inflation! I have first some hand knowledge that a number of consumer goods are sold extremely cheap in China. Almost unbelievably cheap.
Look at the Producer Price Index. It has been around negative 2% since 2023!
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