Deflation has already reached the central banks, which ignore it. But China already sees it
Price inflation falls. There is a global deflation. We are in the chapter of what we lived in the times of the covid, when the supply chain was compressed. There is a deflation of goods already. Aren’t you seeing the price drop?
The Central Bank of China already sees deflation. The Central Bank of China is going to reduce the ratio so that the banks can reduce the amount of percentage on loan to be able to push domestic demand that is having problems right now.
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