Venezolano en Toronto | Co-founder @hodlwithledn Savings and Credit products built for Bitcoin. Inflation is a clever thief - don't let it get to your savings.
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Apr 11
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In March China experienced its second month of monthly deflation (-0.3%) as CPI prices rose 0.7% year on year. Annual CPI inflation peaked at 2.1% in January and has been declining pretty steadily since then.
www.reuters.com/world/china/chinas-march-consumer-inflation-lowest-since-sept-2021-2023-04-11/
In March China experienced its second month of monthly deflation (-0.3%) as CPI prices rose 0.7% year on year. Annual CPI inflation peaked at 2.1% in January and has been declining pretty steadily since then.
www.reuters.com/world/china/chinas-march-consumer-inflation-lowest-since-sept-2021-2023-04-11/
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Mar 25, 2022
The modern financial system is based on the premise of constant (and relatively smooth) growth indefinitely, including persistent credit growth.
War and commodity shortages threaten the whole model.
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War and commodity shortages threaten the whole model.
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Many, many similarities with an emerging market recession indeed. Great thread from @LynAldenContact
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Brilliant thread highlighting the difference between inflation in China and the U.S. - and how they respond differently to the same policy instruments.