The True Cost of China's Deflation
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The True Cost of China's Deflation
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YouTubeBloomberg News
While the rest of the world battles inflation, China is facing consumer prices that are just too low. Jenni Marsh explains what could happen if Beijing fails to hit the brakes. bloom.bg/3LwcxvF | Bloomberg
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While the rest of the world battles inflation, China is facing consume…
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FacebookBloomberg
Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
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Donald Trump once used Tic Tacs to show what inflation really looks like in everyday life. He pointed out how the boxes used to be bigger, but now you pay the same price for less — a perfect example of shrinking value hidden in plain sight. It’s a simple visual, but it explains how inflation quietly erodes purchasing power and why every dollar buys less over time. Via:-@hiveefinance Follow (us) @ceobeingceo for more!! #Ceo992 S06 | CEO Being CEO
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