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After Biden-Xi summit, trade deal in works to magically lower inflation

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After Biden-Xi summit, trade deal in works to magically lower inflation
The Duran: Episode 1148

After Biden-Xi summit, what next for US-China trade war?

After Biden-Xi summit, what next for US-China trade war?

Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Tom
Tom
November 21, 2021

Tariffs are not the cause of inflation. Inflation is caused by massive money printing debasing money value which causes rising prices. Increase interests and inflation goes away but interest rates rising has consequences for the Zombi Banks and Zombi companies like Amazon, Apple, Google, Microsoft, Facebook etc. There was a reason for Central Banks to print money like confetti and give it to the zombies. Inflation is not Xi his problem. Its a manufactured crisis by the 1%

Franz Beckenbauer
Franz Beckenbauer
November 21, 2021

The “good old friend” of Xi Jinping, Beijing Brandon delivers exactly what he was told to.

By the way, have the chinese taken over Baghram airbase already ? I’m sure the big guy will get his share. Not that he would notice any more. But with the lifestyle of his family, every little bit helps.

Thomas La Porte
Thomas La Porte
November 21, 2021

Once again, you have ignored the fundamental issue that the costs of production in the US are far greater, hence less competitive, than China, due to privatization. As MIchael Hudson has explained, the cost of living in countries like China is far less, and wages don’t need to be as high, since health care, education, housing, infrastructure and finance are largely determined by the government rather than private interests.

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