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How do you know they can't print enough when they haven't tried printing money? They could print and thus increase internal consumption until they have a zero t
by Jensson 2y ago
How do you know they can't print enough when they haven't tried printing money? They could print and thus increase internal consumption until they have a zero trade balance, which would help a lot of their issues, it is unclear how much but it would help.
- pragmomm 2y agoChina has been printing money since 2009. thus the 11 trillion off the book debts for local governments.
- kredd 2y agoThat’s 15 years. Why not for another 15 years? I mean eventually things might crash, but as the saying goes, “economists have predicted 9 out of last 5 recessions”.
- pragmomm 2y agobased on the lack of big policy move from Chinese government this year, many thinks China has now run out of powder.