Underappreciated fact about China’s political economy. Between 1937 and 1949 it suffered a hyperinflation worse than that of Weimar Republic. One of CCP’s key claims to legitimacy is price stability.
Chartbook Newsletter #26 on China’s hyperinflation.
adamtooze.substack.com/p/chartbook-ne… https://t.co/gVx1ZrGHrG
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…