Re:Consumer Prices in U.S. Increase by Most Since 2009
by NoOneNew on Wednesday May 12, 2021 @03:22PM
(#27134143)
So you never actually read the articles, "China's economic/negotiation weapon against Trump". CNN, MSNBC and many other news agencies were pushing that narrative.
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Re:Consumer Prices in U.S. Increase by Most Since 2009
by lottin on Wednesday May 12, 2021 @04:20PM
(#27134676)
No, I don't watch CNN or MSNBC, because I'm European, but the OP was talking about "most well-informed economists", not media outlets, and I was curious who these economists are, being an economist myself.
Re:Consumer Prices in U.S. Increase by Most Since 2009
by throw0101a on Wednesday May 12, 2021 @04:12PM
(#27134569)
This story has been going on for years, and it's always been a Nothing Burger:
> Matthew Yglesias notes[1] an uptick in Very Serious People warning that China might lose confidence in America and start dumping our bonds. He focuses on China’s motives, which is useful. But the crucial point, which he touches on only briefly at the end, is that whatever China’s motives, the Chinese wouldn’t hurt us if they dumped our bonds — in fact, it would probably be good for America.
* https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-...