Cathie Wood
@CathieDWood · Aug 15, 2023
China is exporting deflation in a more profound way than I believe many economists and strategists appreciate. All else equal, the 15% depreciation in the yuan relative to the dollar in the last year should have increased its PPI inflation rate by 15%. Instead it has dropped 4%.
Elon Musk
@elonmusk
Interesting
05:26 PM · August 15, 2023 · 152.5K views
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