Too often we are bias by politics. I am not an economist nor have any formal financial education or ever work in finance. Indeed I could be very wrong. But look at after 2009, all government flooded the world with money yet for a decade there were no inflation. Most economists at the time predicted uncontrollable inflation to come rapidly but they were wrong. Economics is called the dismal science for a reason so don't be so sure sir.
Whatever it was called, those of us who were ignorant of economic principles got really lucky betting against the experts. This time is different? Look at today's market.
Well he has won the elections and as we all were expecting its a bullish market to trade whether it is crypto or currency pair everywhere USD is standing strong.
I am not an economist, I don't either. But imagine if deflation in China causes their fundamental cost structure to drop 30% in US$. That could counter a 30% Trump tariff and the cost of Chinese import will be cheaper for the average US consumers? As a command, centrally planned economy, China can engineer such a scenario easily?