4 ms·
What do you mean by "import deflation"?
by ced 8y ago
What do you mean by "import deflation"?
- occamrazor 8y agoThat we print money, expanding the monetary base, and at the same time China stockpiles USD and other western currencies, effectively decreasing the same monetary base.
- echevil 8y agoThe Chinese government prints much more money though. Inflation is much more serious in China. The official stats doesn’t reflect this, but it’s clear for anyone who’s familiar with price changes in China