China is surely jealous of the high food prices we have here in the West...

  • AmarkuntheGatherer@lemmygrad.ml
    ·
    10 months ago

    It's very much ingrained to the "theory" as well. Any econ class will talk about deflation causing a cycle of doom and gloom, and any mention will be accompanied by something along the lines of "inflation maybe bad, deflation way worse"