Oh, don’t get me wrong. The state is absolutely corrupt. But this sounds more like China is going through what the United States went through in 2008, which did not cause much inflation to consumers because there were more claims for money than there were money in existence. So printing money just caused less deflation than there otherwise would have been. That’s absolutely still not a situation you want to be in though.
Oh, don’t get me wrong. The state is absolutely corrupt. But this sounds more like China is going through what the United States went through in 2008, which did not cause much inflation to consumers because there were more claims for money than there were money in existence. So printing money just caused less deflation than there otherwise would have been. That’s absolutely still not a situation you want to be in though.