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Interesting, how different the monetary base over time looks like in China compared to the US and Europe when you click on "max" on these charts: https://tradi
by mg 2y ago
Interesting, how different the monetary base over time looks like in China compared to the US and Europe when you click on "max" on these charts:
https://tradingeconomics.com/china/money-supply-m0 https://tradingeconomics.com/china/money-supply-m0
USA:
https://tradingeconomics.com/united-states/money-supply-m0 https://tradingeconomics.com/united-states/money-supply-m0
Europe:
https://tradingeconomics.com/euro-area/money-supply-m0 https://tradingeconomics.com/euro-area/money-supply-m0
- queuebert 2y agoWhat is the purpose of the annual spikes?
- bobbiechen 2y agoI suspect it's related to Chinese New Year, as the peaks in the graph change from January to February depending on which month Chinese New Year falls into. Edit: ah, M0 is cash. It is traditional to give cash in red envelopes at Chinese New Year, which could be related. I'm surprised the spikes are so large though.