An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, April 28, 2021
Zero Hedge — Deflation Threat Looms As China Suffers First Population Decline Since 1949 [NOT]
ZH get is wrong again. Reducing the rate of population growth was the purpose of the one-child policy. It worked. Now China is quickly automating production and distribution to achieve a middle-income economy. Absolute poverty as already been eliminated.
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