@schizoidman@lemm.ee to

World News@lemmy.mlEnglish • 6 months ago

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

112

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

@schizoidman@lemm.ee to

World News@lemmy.mlEnglish • 6 months ago

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

Chat

Cowbee [he/they]
link
fedilink
2•6 months ago
Line goes up.
- @scarabic@lemmy.world
  link
  fedilink
  English
  1•6 months ago
  Line go up. But that appears to be a GDP graph, not a chart of purchasing power. Am I missing something?
  - Cowbee [he/they]
    link
    fedilink
    2•6 months ago
    This is adjusted for PPP, Purchasing Power Parity.