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Iowa | Also China. Already in deflation. If deflation sets in they will have to fire up the printing press again. There are lots of things central planners will play with - deflation is not one of them, as soon as it starts they have to stop it instantly- that was the biggest lesion of the Great Depression.
Now you have to ask yourself why the CCP is allowing deflation to gain a foothold in their country, I’m sure there’s a reason, but what is it? And are they viewing their position correctly? | |
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Falling apart
