Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed

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gastationsushi@lemmy.world ⁨2⁩ ⁨months⁩ ago

Google Japan’s inflation and gdp vs debt ration since the 90s. Why are they more afraid of deflation than inflation.

Russia is under sanctions and is waging a costly war. They managed to drop their inflation and grow their economy with higher government spending.

Countries will all face economic issues at times, but inflation due to government spending is not something leaders of rich countries actually worry about.

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