☆ Yσɠƚԋσʂ ☆ to ChinaEnglish · 10 months ago‘Bout of deflation largely transitory’: 4 takeaways from China’s inflation datawww.scmp.comexternal-linkmessage-square3fedilinkarrow-up18arrow-down11
arrow-up17arrow-down1external-link‘Bout of deflation largely transitory’: 4 takeaways from China’s inflation datawww.scmp.com☆ Yσɠƚԋσʂ ☆ to ChinaEnglish · 10 months agomessage-square3fedilink
minus-squarebandarawanlinkfedilinkarrow-up4·10 months agoIf wages stay stagnant, then yes. If the average pay would rise faster than inflation it does not seem too bad. If the pay shrinks faster than deflation however it would be bad.
minus-squarecfgaussianlinkfedilinkarrow-up3arrow-down1·edit-210 months agoWell yes, deflation of prices relative to wages, of course. That was implied. Inflation is different even when wages do keep up because it wipes out savings.
If wages stay stagnant, then yes.
If the average pay would rise faster than inflation it does not seem too bad. If the pay shrinks faster than deflation however it would be bad.
Well yes, deflation of prices relative to wages, of course. That was implied.
Inflation is different even when wages do keep up because it wipes out savings.