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Ep. 78: Why China’s Economic Weakness Isn’t Deflationary
Manage episode 374963579 series 3283645
Recent data out of China has shown growing stresses in the property market, implying stresses in banking; weakness in the trade balance; and generally disappointing growth. This has led some observers to suggest a deflationary wave is headed our way. In this episode, the Inflation Guy recalls a prior example where weakness in Pacific Rim countries actually provoked acceleration in Western economies, and rising inflation.
NOTES:
Book: Maestro, My Ass! https://amzn.to/45hhFbP
101 에피소드
Manage episode 374963579 series 3283645
Recent data out of China has shown growing stresses in the property market, implying stresses in banking; weakness in the trade balance; and generally disappointing growth. This has led some observers to suggest a deflationary wave is headed our way. In this episode, the Inflation Guy recalls a prior example where weakness in Pacific Rim countries actually provoked acceleration in Western economies, and rising inflation.
NOTES:
Book: Maestro, My Ass! https://amzn.to/45hhFbP
101 에피소드
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