Thanks for posting this, but if we look at the World Bank's data, we see that outside of Covid, Chinese GDP growth has been in the 5%+ range consistently, somet

Thanks for posting this, but if we look at the World Bank's data, we see that outside of Covid, Chinese GDP growth has been in the 5%+ range consistently, something the US hasn't been managed to do even once, and Germany, the economic champion of the EU is in even more dire straits. As for deflation - why is it bad anyways? We were taught in school the problem is that if I have $1 in the bank and that will buy me a loaf of bread today, but 2 loaves a week from now, I might want to hold on to it, so deflation destroys consumption. But that makes no sense, because I can buy bonds or stocks from $1, and capitalize on the gains, so I get the same two loaves of bread - the effects are the same, I dont consume today, and I have money for tomorrow. The difference is I have to trust my money to either a company or the government, and involve a lot of intermediaries and take on risk. As for your link you posted, I feel like for finance people, a market they cant make money from is indistinguishable from one thats performing poorly, never mind what sort of lifestyle it supports for the everyman.