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This isn't really supported by the data. Chinese inflation is comparable to US inflation and many other countries are experience worse inflation than the States
by pirate787 4y ago
This isn't really supported by the data. Chinese inflation is comparable to US inflation and many other countries are experience worse inflation than the States.
- somenameforme 4y agoWhat data in particular are you talking about? US Inflation Rate (currently 8.3%) : https://tradingeconomics.com/united-states/inflation-cpi https://tradingeconomics.com/united-states/inflation-cpi Chinese Inflation Rate (currently 2.1%): https://tradingeconomics.com/united-states/inflation-cpi https://tradingeconomics.com/united-states/inflation-cpi I'll grant CPI is not necessarily apples to apples because how companies compose their weightings tends to vary heavily, but it seems like the most reasonable figure to look at that I can think of?
- jtdev 4y ago[dead]
- pirate787 4y agoBond market perspective -- Chinese govt bond yields are basically the same as the US. https://www.cnbc.com/2022/04/12/china-inflation-makes-it-harder-for-pboc-to-cut-interest-rates-us-fed.html https://www.cnbc.com/2022/04/12/china-inflation-makes-it-har...
- somenameforme 4y agoI don't see why you think these would be driven primarily by inflation. US bond yields: https://tradingeconomics.com/united-states/government-bond-yield https://tradingeconomics.com/united-states/government-bond-y... Chinese bond yields: https://tradingeconomics.com/china/government-bond-yield https://tradingeconomics.com/china/government-bond-yield A note on their UI, the button to increase the scale is micro-sized and at the bottom of the graph. It can be easy to miss. But in any case, there seems to be little to no correlation.
- sarchertech 4y agohttps://www.xe.com/currencycharts/?from=USD&to=CNY&view=1Y https://www.xe.com/currencycharts/?from=USD&to=CNY&view=1Y You can directly compare the 2 currencies against each other.
- somenameforme 4y agoInternational exchange rates are affected by enough factors that it has little correlation to inflation. Notably, see the ruble: https://www.xe.com/currencycharts/?from=USD&to=RUB&view=1Y https://www.xe.com/currencycharts/?from=USD&to=RUB&view=1Y Russia is having significant domestic inflation (at about 18% currently), yet the ruble is currently the worlds best performing currency and stronger than it's been in years relative to the dollar.