5min chapter

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Tooze and Klein on China's Economic History and Future

ChinaTalk

CHAPTER

The Inflation Story Is a Key Part of the Chinese Communist Party's Political Economy

i don't think the nationalists fail in the civil war for lack of supplies. The significance of all this is that, as lenin said, you know, the best way to destroy a bourgeois society is thoh unleash inflation. That has very enduring significance for the politics and the political economy of the regime. Andi also, ye said, it' interesting how,you know, the recognition that inflation to stabilizing does carry over to other authorityan regimes me sta.

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