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China in Deflation 2023 Q2 - What happened last timeNo wonder...

  1. 347 Posts.
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    China in Deflation 2023 Q2 - What happened last time

    No wonder Yellen and then Kissinger visited China recently.Looks like China has made an order for a lower US dollar.

    A lower US dollar gives relief to emerging markets economies and as these are customers of China it helps her exports as well.

    A lower US dollar allows inflationary forces to manifest and China needs some inflation right now.

    How low will the DXY go?

    https://hotcopper.com.au/data/attachments/5449/5449854-0249e102869ae321f2f3e01d85f01e08.jpg



    https://hotcopper.com.au/data/attachments/5449/5449855-b67a17d7bf6981da2d44814d48ac36fa.jpg

 
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