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HKim0072
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Comments by "HKim0072" (@HKim0072) on "High-Income Chinese Reverting to Poverty! The Chinese Are Broke, With Global Deflation Risks Looming" video.
In theory, high inflation will self correct. Prices get too high and people buy less. Demand lowers and brings inflation lower. Deflation is a total death spiral. Can’t self correct without some type of external fix.
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@FrenchTutorials Took Japan 25+ years. It's pretty hard.
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@stormryder4305 Yeah, you have crazy people suggesting that they'll change to a complete free market system or some other zero percent possibilities. That is probably the most likely possibility. But, they'll go too small. I could see something like a spending voucher at some point. Crazy part is the M2 is $40 trillion already, lol.
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