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Why is China’s inflation rate low compared to the US, Europe and Britain?
https://www.scmp.com/economy/economic-in...europe-and
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China 30 yrs ZERO inflation.
SG 30yrs 1,000% inflated.
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us has been importing deflation form third world countries for many years. so their inflation has been below normal. now the disruptions in supply chain etc is just removing these imported deflation factors. their loabour rate will filter in as well.
the retired will be most affected.
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being the factory of the world, they can control inflation easily.
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(17-06-2022, 08:08 PM)Notdumb Wrote: China 30 yrs ZERO inflation.
SG 30yrs 1,000% inflated.
Welcome bk