minus-squaredondelelcaro@lemmy.worldtoWorld News@lemmy.world•China's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report sayslinkfedilinkEnglisharrow-up21arrow-down1·7 days agoDeflationary periods may be helpful to those with large amounts of cash or cash equivalents, which generally isn’t the working class. Wage growth outpacing inflation helps the working class more. linkfedilink
Deflationary periods may be helpful to those with large amounts of cash or cash equivalents, which generally isn’t the working class. Wage growth outpacing inflation helps the working class more.