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© Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Finance officials facing a chronically weak global economy
By PAUL WISEMAN WASHINGTON©2024 GPlusMedia Inc.
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fxgai
ThonTaddeo
Did everybody catch what this sneaky article tried to do? Everybody wants wages to go up. Everybody wants businesses to take advantage of low interest rates to invest in their futures. But sandwiched in the middle is a biased sentence which implies that inflation can somehow be "dangerously subpar", and which praises central banks for engineering this situation.
If that's not straight out of the indebted-government-looking-to-devalue-its-debt-at-public-expense propaganda wing, I don't know what is. The ideal inflation rate for the diligent, hard-working, money-saving citizen is zero, and mild deflation is far preferable to any inflation at all.
And this reporter seems to think that he could just slip it in between two innocuous statements just as many article writers have been doing ever since Abe got elected, and to some extent ever since fiat money became the norm. Repeat something long enough and loud enough, and the public will believe it, right?
Kobe White Bar Owner
@ fxgai
" how about negative government spending for a change? Rather than government blowing people's money away"
I second that!
Citizen2012
You worry for too slow growth, most of people worry if they will have something to eat and how simply survive in the future, sorry I have no sympathy for you, I keep my compassion for somebody else.
fxgai
Economic growth is precisely why people have food to eat, and much much more.