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by imtringued
1876 days ago
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I honestly don't see the problem. Abnormally low inflation is a problem, unless a government cunningly takes advantage of the labor force to get ahead of other nations there is no benefit, it merely indicates that the private sector is not competitive enough and rising asset prices are just an indicator of an increasingly unstable economy. Just think about it, China gives you free shit, you take advantage of the free shit to make your nation grow faster. Trump says, we don't want your free shit (trade war). Biden says, thanks to your free shit we can grow our economy (infrastructure). Of course if you do neither, the free shit piles up in your country, prices for everything go down and people are unemployed as a result. |
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