https://www.youtube.com/watch?v=Tst3ATdfJyg


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220
Urgelt
The only point I want to add is, monetary deflation and inflation are decoupled.

Credit tightening in China can furnish an example. China's debt crisis is enormous and accelerating, credit is tightening, foreign investment is in free fall. This affects production negatively. Which is inflationary to the many nations now experiencing supply chain 



Kenneth Selin
According to Peter Drucker, wages have been AN INCIDENTAL COST for decades: you want HIGH WAGES for the good 
of the economy. China recognizes this. :D

Your TOP U.N. RANKED COUNTRIES have HIGH WAGES. USA is NOT A TOP ranked U.N. country + Canada ranks "behind" 
the USA. (Ha! Ha!)  :D Ken, Toronto, CANADA