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World News@lemmy.mlEnglish · 9 months ago

China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

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China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report says

schizoidman@lemm.ee to

World News@lemmy.mlEnglish · 9 months ago

China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says

“Don’t people like it when things are cheaper?” Chinese President Xi Jinping reportedly asked his advisers.

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realitista@lemm.ee
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9 months ago
Economists would call this leveraged economic growth and not consider it a bad thing.

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