The Rise of China as a Deflation Machine

I'm not safe haven, but like a super conservative. JGBs is what you really buy if you truly believe this story. I think beggar thy neighbor with regard to trade policies is vitally important to an understanding of where we are today. As long as China doesn't devalue and continues to promote the interests of labor over capital, we are in an inflationary environment. Unless Chinese policy changes, I think we're in an inflation cycle. It was at its max in the 1920s. The greatest offender was actually United States of America. And so America run persistent trade supplices.