{"id":23565,"date":"2022-11-21T09:19:56","date_gmt":"2022-11-21T08:19:56","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=23565"},"modified":"2022-11-21T09:19:56","modified_gmt":"2022-11-21T08:19:56","slug":"interwinded","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/china\/interwinded","title":{"rendered":"Interwinded"},"content":{"rendered":"<p>China-USA: their respective inflation is moving in phase as this graph clearly shows.<\/p>\n<p>These two countries are therefore interdependent, despite their political postures.<\/p>\n<p>&nbsp;<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"23562\" data-permalink=\"https:\/\/michelsanti.fr\/en\/china\/interwinded\/attachment\/inflation-chine-usa-2\" data-orig-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?fit=1900%2C1082&amp;ssl=1\" data-orig-size=\"1900,1082\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"inflation Chine USA\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?fit=1024%2C583&amp;ssl=1\" class=\"alignnone size-medium wp-image-23562\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=300%2C171&#038;ssl=1\" alt=\"\" width=\"300\" height=\"171\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=300%2C171&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=1024%2C583&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=768%2C437&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=1536%2C875&amp;ssl=1 1536w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?resize=1200%2C683&amp;ssl=1 1200w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/11\/inflation-Chine-USA.png?w=1900&amp;ssl=1 1900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-USA: their respective inflation is moving in phase as this graph clearly shows. These two countries are therefore interdependent, despite their political postures. &nbsp;<\/p>\n","protected":false},"author":4,"featured_media":23562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"mc4wp_mailchimp_campaign":[],"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[648941287,648941274,648941262],"tags":[],"class_list":["post-23565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-inflation-en","category-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Interwinded - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/china\/interwinded\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interwinded - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"China-USA: their respective inflation is moving in phase as this graph clearly shows. 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This country locked up for 2 years nearly 19% of the universal population that were prevented from consuming. This 1.4 billion individual now liberated will rush to buy, go out,\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=851%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=851%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=851%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/01\/touristes.png?fit=851%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28991,"url":"https:\/\/michelsanti.fr\/en\/tariffs-2\/trade-war","url_meta":{"origin":23565,"position":1},"title":"Auto goal ?","author":"Michel Santi","date":"April 15, 2025","format":false,"excerpt":"\u00a0 \u00a0 China halting all Boeing orders!\u00a0 EU and Japan are winning the trade war right now. The euro and the yen have gone way up, making all their imports cheaper, which keeps their official inflation measures lower. The end result of the trade war will be a bigger trade\u2026","rel":"","context":"In &quot;tariffs&quot;","block_context":{"text":"tariffs","link":"https:\/\/michelsanti.fr\/en\/category\/tariffs-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":25962,"url":"https:\/\/michelsanti.fr\/en\/inflation-en\/inflation-what-inflation","url_meta":{"origin":23565,"position":2},"title":"Inflation? What inflation?","author":"Michel Santi","date":"April 8, 2024","format":false,"excerpt":"Inflation? What inflation? It was fundamentally influenced by supply-related factors: disruptions in the supply chain, energy, and food. Not by factors related to a surge in demand... precisely because our middle classes and our poor are forced to limit their standard of living due to inadequate policies, and a multitude\u2026","rel":"","context":"In &quot;Inflation&quot;","block_context":{"text":"Inflation","link":"https:\/\/michelsanti.fr\/en\/category\/inflation-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/04\/deflation.jpg?fit=1200%2C884&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/04\/deflation.jpg?fit=1200%2C884&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/04\/deflation.jpg?fit=1200%2C884&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/04\/deflation.jpg?fit=1200%2C884&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/04\/deflation.jpg?fit=1200%2C884&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":23708,"url":"https:\/\/michelsanti.fr\/en\/inflation-en\/recession-better-than-inflation","url_meta":{"origin":23565,"position":3},"title":"Recession better than inflation ?","author":"Michel Santi","date":"December 17, 2022","format":false,"excerpt":"\u00a0 346 interest rate hikes have taken place to date around the world, an absolute record since the 1980s ! The only weapon to counter inflation is for the key rate of a central bank to exceed the rate of inflation by around 150 basis points, knowing that this rate\u2026","rel":"","context":"In &quot;Inflation&quot;","block_context":{"text":"Inflation","link":"https:\/\/michelsanti.fr\/en\/category\/inflation-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/12\/BC.png?fit=1200%2C714&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/12\/BC.png?fit=1200%2C714&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/12\/BC.png?fit=1200%2C714&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/12\/BC.png?fit=1200%2C714&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/12\/BC.png?fit=1200%2C714&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":21978,"url":"https:\/\/michelsanti.fr\/en\/inflation-en\/inflation-is-always-and-everywhere","url_meta":{"origin":23565,"position":4},"title":"Inflation is always and everywhere&#8230;","author":"Michel Santi","date":"February 22, 2022","format":false,"excerpt":"\u00a0 The ghost of Milton Friedman and his oh-so-famous repartee of the 1960s when he said that inflation is \u201calways and everywhere a monetary phenomenon\u201d still haunts us today. It is true that this assertion may seem plausible. After all, the immediate consequence of inflation is a rise in prices,\u2026","rel":"","context":"In &quot;Inflation&quot;","block_context":{"text":"Inflation","link":"https:\/\/michelsanti.fr\/en\/category\/inflation-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/2022_pay_increases_e4jtv0.jpg?fit=1200%2C676&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/2022_pay_increases_e4jtv0.jpg?fit=1200%2C676&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/2022_pay_increases_e4jtv0.jpg?fit=1200%2C676&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/2022_pay_increases_e4jtv0.jpg?fit=1200%2C676&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/2022_pay_increases_e4jtv0.jpg?fit=1200%2C676&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":19686,"url":"https:\/\/michelsanti.fr\/en\/inflation\/inflation-of-prices-deflation-of-policies","url_meta":{"origin":23565,"position":5},"title":"Inflation of prices, deflation of policies","author":"Michel Santi","date":"October 10, 2019","format":false,"excerpt":"So you think you understand inflation? Allow me to correct you because it is in no way the result of an unreasonable expansion of the money supply that translates into a rise in prices. This clich\u00e9d term of \u201cinflation\u201d, used unscrupulously by the detractors of central banks, by the prophets\u2026","rel":"","context":"In &quot;inflation&quot;","block_context":{"text":"inflation","link":"https:\/\/michelsanti.fr\/category\/inflation"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2019\/10\/inflation-300x213.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=23565"}],"version-history":[{"count":1,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23565\/revisions"}],"predecessor-version":[{"id":23566,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23565\/revisions\/23566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/23562"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=23565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=23565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=23565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}