3 ms·
That we print money, expanding the monetary base, and at the same time China stockpiles USD and other western currencies, effectively decreasing the same moneta
by occamrazor 8y ago
That we print money, expanding the monetary base, and at the same time China stockpiles USD and other western currencies, effectively decreasing the same monetary base.
- echevil 8y agoThe Chinese government prints much more money though. Inflation is much more serious in China. The official stats doesn’t reflect this, but it’s clear for anyone who’s familiar with price changes in China