this post was submitted on 30 Dec 2024
82 points (95.6% liked)

World News

35192 readers
915 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 3 months ago

sure, but that is because of rigorous government policies that came out of a herculean effort to eradicate poverty, not because of deflation like the comment i was replying to is trying to claim. if you look like China's inflation rate, it hovered ~2% for the past decade which is comparable to the US.