While the rest of the world battles inflation, China is facing consumer prices that are just too low. Jenni Marsh explains what could happen if Beijing fails to hit the brakes. bloom.bg/3LwcxvF | Bloomberg
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While the rest of the world battles inflation, China is facing consume…
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Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
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