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The chinese are planning way ahead, think decades. Inflation != rising prices Inflation = Increase in the money supply Inflation HAS already happened, now th
by savantguy 17y ago
The chinese are planning way ahead, think decades.
Inflation != rising prices
Inflation = Increase in the money supply
Inflation HAS already happened, now the symptoms will start to accelerate.
Hyperinflation is always a monetary event, not an economic event.
Fiat currency is based on confidence in the government among other things.
Gold is a bet against the government.
- philwelch 17y agoChina has some of the world's largest reserves of USD. It seems their bet is on the US government.