China is on the cusp of a deflationary vortex. This was signalled late last year by the sharpest contraction in the (real) M1 money supply since modern records began. The hard data is now confirming the warnings. Consumer prices have … Continue reading Ambrose Evans-Pritchard–China heads for a deflationary shock
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Ambrose Evans-Pritchard–China heads for a deflationary shock
China is on the cusp of a deflationary vortex. This was signalled late last year by the sharpest contraction in the (real) M1 money supply since modern records began. The hard data is now confirming the warnings. Consumer prices have … Continue reading Ambrose Evans-Pritchard–China heads for a deflationary shock