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Deflation in China #7944845
09/05/23 08:19 PM
09/05/23 08:19 PM
Joined: Jan 2019
Posts: 2,847
North central Iowa
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Bob_Iowa Offline OP
trapper
Bob_Iowa  Offline OP
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Joined: Jan 2019
Posts: 2,847
North central Iowa
I heard about this on market to market a couple of weeks ago and been reading more about this, has anyone heard anything about this?

Re: Deflation in China [Re: Bob_Iowa] #7944853
09/05/23 08:24 PM
09/05/23 08:24 PM
Joined: May 2010
Posts: 10,016
mn north of blakely
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Steven 49er Offline
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Steven 49er  Offline
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mn north of blakely
Deflation is a good thing if one is a saver. Not so much for the borrower


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Deflation in China [Re: Bob_Iowa] #7944859
09/05/23 08:33 PM
09/05/23 08:33 PM
Joined: Jan 2019
Posts: 2,847
North central Iowa
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Bob_Iowa Offline OP
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North central Iowa
Yeah the guy on market to market said their aging population was helping to create deflation as they dont spend much money nor do they eat very much and he thought thatís what is hurting USA ag exports.

Re: Deflation in China [Re: Bob_Iowa] #7944896
09/05/23 09:01 PM
09/05/23 09:01 PM
Joined: Oct 2016
Posts: 573
Michigan
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BigBlackBirds Offline
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BigBlackBirds  Offline
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Joined: Oct 2016
Posts: 573
Michigan
They didnít sustain spring recovery as was hoped. All that debts weighing on them still. Upside is seems they arenít as important to US economy as has been previously thought

Re: Deflation in China [Re: Bob_Iowa] #7944908
09/05/23 09:16 PM
09/05/23 09:16 PM
Joined: Jan 2007
Posts: 23,222
Georgia
warrior Online content
trapper
warrior  Online Content
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Joined: Jan 2007
Posts: 23,222
Georgia
Burn baby burn

Re: Deflation in China [Re: Bob_Iowa] #7944916
09/05/23 09:21 PM
09/05/23 09:21 PM
Joined: Dec 2006
Posts: 20,227
Sandhills Nebraska
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Gary Benson Offline
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Gary Benson  Offline
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Joined: Dec 2006
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Sandhills Nebraska
I hope deflation makes tires go down. I need new ones.


Life ain't supposed to be easy.
Re: Deflation in China [Re: Gary Benson] #7944968
09/05/23 09:54 PM
09/05/23 09:54 PM
Joined: Dec 2006
Posts: 58,466
Minnesota
330-Trapper Offline

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Posts: 58,466
Minnesota
Originally Posted by Gary Benson
I hope deflation makes tires go down. I need new ones.

grin


NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: Deflation in China [Re: Bob_Iowa] #7944987
09/05/23 10:13 PM
09/05/23 10:13 PM
Joined: May 2010
Posts: 10,016
mn north of blakely
S
Steven 49er Offline
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Steven 49er  Offline
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mn north of blakely
A deflationary environment in this country will have serious consequences


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Deflation in China [Re: Bob_Iowa] #7944989
09/05/23 10:15 PM
09/05/23 10:15 PM
Joined: Aug 2011
Posts: 42,820
james bay frontierOnt.
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Boco Offline
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Posts: 42,820
james bay frontierOnt.
Why?Lots of people now in the underground economy.
Only gonna hurt the Man.

Last edited by Boco; 09/05/23 10:15 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Deflation in China [Re: Bob_Iowa] #7944995
09/05/23 10:17 PM
09/05/23 10:17 PM
Joined: May 2010
Posts: 10,016
mn north of blakely
S
Steven 49er Offline
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Steven 49er  Offline
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Joined: May 2010
Posts: 10,016
mn north of blakely
Robert, I think you know why


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Deflation in China [Re: Bob_Iowa] #7945015
09/05/23 10:35 PM
09/05/23 10:35 PM
Joined: Aug 2010
Posts: 10,330
Asheville, NC
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charles Offline
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charles  Offline
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Asheville, NC
China has an aging problem and a workforce problem. Both could sink it.

Re: Deflation in China [Re: charles] #7945019
09/05/23 10:37 PM
09/05/23 10:37 PM
Joined: Feb 2008
Posts: 1,152
WI
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BvrRetriever Offline
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BvrRetriever  Offline
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WI
Originally Posted by charles
China has an aging problem and a workforce problem. Both could sink it.



And how does that differ from our situation??

Re: Deflation in China [Re: BvrRetriever] #7945028
09/05/23 10:59 PM
09/05/23 10:59 PM
Joined: Dec 2010
Posts: 10,557
Armpit, ak
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Dirt Offline
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Dirt  Offline
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Posts: 10,557
Armpit, ak
Originally Posted by BvrRetriever
Originally Posted by charles
China has an aging problem and a workforce problem. Both could sink it.



And how does that differ from our situation??


And Europe's and Japan's. Socialist Ponzi schemes need more paying in than collecting.


Who is John Galt?
Re: Deflation in China [Re: Bob_Iowa] #7945042
09/05/23 11:31 PM
09/05/23 11:31 PM
Joined: Mar 2014
Posts: 3,004
Central Texas
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Chancey Offline
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Chancey  Offline
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Joined: Mar 2014
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Central Texas
I say let it rip. This country gotten too big for its britches. Its abundantly clear, that the folks in charge of the dollar have no idea what they are doing; or how could they? We are in uncharted waters.

Re: Deflation in China [Re: Chancey] #7945046
09/05/23 11:41 PM
09/05/23 11:41 PM
Joined: Dec 2010
Posts: 10,557
Armpit, ak
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Dirt Offline
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Dirt  Offline
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Joined: Dec 2010
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Armpit, ak
Originally Posted by Chancey
I say let it rip. This country gotten too big for its britches. Its abundantly clear, that the folks in charge of the dollar have no idea what they are doing; or how could they? We are in uncharted waters.


The FED is mandated to accomplish certain things. When they stay within the mandate, they are just following the law. Do you want them to manipulate inflation and unemployment? It will cycle regardless.


Who is John Galt?
Re: Deflation in China [Re: Bob_Iowa] #7945051
09/05/23 11:44 PM
09/05/23 11:44 PM
Joined: Mar 2014
Posts: 3,004
Central Texas
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Chancey Offline
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Chancey  Offline
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Posts: 3,004
Central Texas
I thought they already were manipulating the real inflation and unemployment numbers Dirt?

Re: Deflation in China [Re: Chancey] #7945052
09/05/23 11:51 PM
09/05/23 11:51 PM
Joined: Dec 2010
Posts: 10,557
Armpit, ak
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Dirt Offline
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Dirt  Offline
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Armpit, ak
Originally Posted by Chancey
I thought they already were manipulating the real inflation and unemployment numbers Dirt?


The government calculates those numbers. The FED just manipulates interest rates and creates money.


Who is John Galt?
Re: Deflation in China [Re: Bob_Iowa] #7945053
09/05/23 11:57 PM
09/05/23 11:57 PM
Joined: Mar 2014
Posts: 3,004
Central Texas
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Chancey Offline
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Central Texas
You see a distinction between the government and the FED; as if they were separate entities. I donít.

Re: Deflation in China [Re: Chancey] #7945055
09/06/23 12:11 AM
09/06/23 12:11 AM
Joined: Dec 2010
Posts: 10,557
Armpit, ak
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Dirt Offline
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Dirt  Offline
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Armpit, ak
Originally Posted by Chancey
You see a distinction between the government and the FED; as if they were separate entities. I donít.


Yes I do. The FED, when they have a responsible chairmen, will do his job, regardless of the pressure. IMHO they doing a good job now. IMHO they should put pressure on politicians to do their jobs.


Who is John Galt?
Re: Deflation in China [Re: Bob_Iowa] #7945057
09/06/23 12:17 AM
09/06/23 12:17 AM
Joined: Mar 2014
Posts: 3,004
Central Texas
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Chancey Offline
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Chancey  Offline
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Central Texas
I don't ever remember voting for someone that works for the FED. So, they must be appointed and hired. Who appoints them?

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