People always say inflation is here because "Too much money chasing too few goods", people who watch western economic bullshit always focus on the too much money. But you hardly hear them talk about the too few goods, so what is the reason china enjoys deflation might it be that china has scored some really nice commodities contracts with Russia like access to cheap food and gas. Also China is recovery from a avian flu and africans swine flu animal stock culling that happened in 2018 and 2019 etc.I get that you are a supporter of China but being ignorant is not a good way of doing it. Deflation is very bad for the economy. Thats economics 101.
Deflation is a sign that people are not spending money, cause either they don't have jobs, or are trying to pay off debt, or too afraid of losing jobs in the future and thus saving money. So, when there is not enough customers, sellers reduce price. That's a very bad sign. Deflation only happens when there is a recession. Is China in recession? It kind of is when several sectors are declining like the huge property sector and export sector.
But China also has a lot of other sectors that are growing to sort of cover up the declining side of the economy. But that cannot cover all the bad things happening.
What China needs to do is monetary expansion by raising the money supply by the central bank. Which they are doing a little bit but need to do a lot more.
What they can also do is Government spends more since the consumers are not spending. That means more fiscal spending. But again is being too cautious and Government is not taking on too much debt to do fiscal spending.
Overall, China being too cautious and that's why you have deflation. Not a good thing for the economy.
Western econ 101:People always say inflation is here because "Too much money chasing too few goods", people who watch western economic bullshit always focus on the too much money. But you hardly hear them talk about the too few goods, so what is the reason china enjoys deflation might it be that china has scored some really nice commodities contracts with Russia like access to cheap food and gas. Also China is recovery from a avian flu and africans swine flu animal stock culling that happened in 2018 and 2019 etc.
So without some proper investigation its a bit soon to say its a bad thing. Also just because the western school is eternal inflation based doesn't mean the rest of the world has to follow them. Cheaper cost of living could also mean higher consumer goods consumption.
He's a joke though.Pretty unrelated news but Alex Jones seems to be getting unbanned soon
YES - 70%
NO - 30%
"The jews" are just placeholder until the new enemy script has been written. They will blame everybody except western oligarchs etc..He's a joke though.
Especially on how he blames China for nearly everything lol (like he should be blaming jews for many of the claims he makes, such as control/dominance over media, bribing/buying politicians etc.).
TikTok been banning accounts critical of the US establishment and "serious" pro-Palestinian type content. I guess they had to cut a deal to stay in buisness in the US -_-