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CPI inflation in China was flat month on month in September, coming in below expectations, and would have probably been in deflation without a rise in food prices. PPI inflation was also below expectations, down 0.6% month on month. None of this suggests any recovery in demand in
时政
(
twitter.com
)
由
Michael Pettis
提交
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🇺🇸 ELON: GOVERNMENT OVERSPENDING CAUSES INFLATION AND DEVALUES PAYCHECKS
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🇺🇸 ELON: GOVERNMENT OVERSPENDING CAUSES INFLATION AND DEVALUES PAYCHECKS
“The federal government can always make more money, but that’s what creates inflation.
I really want to reinforce this—government spending creates inflation.
When prices go up at the grocery store, it’s
btc
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twitter.com)
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