3 ms·
Inflation in 2009 was almost 0%. With Yuan becoming new petro dollar, Stagflation is more likely. Everything imported will cost more.
by lifeplusplus 5y ago
Inflation in 2009 was almost 0%. With Yuan becoming new petro dollar, Stagflation is more likely. Everything imported will cost more.
- basisword 5y agoInflation doesn’t matter much when you’re unemployed. Things may cost more now but at least most people have jobs and can buy the essentials (even if they have to make big compromises at times). That’s different to being out of work for years with no end in sight.