Reification error continues to plague mankind nowhere else as prominent currently as in Asia:
"The bank will make “good use” of targeted monetary tools, such as cuts to the amount of money banks lock up and targeted medium-term lending facility, to channel credit to specific sectors,"China turning Japanese.. and btw Japan hasn't made a new high in price of equity shares since 1989... as both moron hacker nations appear to be competing in continued zombie action to "add high powered money to lend out!"...
U.S. needs to 'decouple' financially from China similar to what we've been able to do with Japan and pronto...
China's central bank warned that the escalating trade war could destabilize the global economy https://t.co/nyTfhgkER2— Bloomberg (@business) May 17, 2019
But Trump apparently wants the U.S. in on this "pumping money!" moron-fest too:
China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing. If the Federal Reserve ever did a “match,” it would be game over, we win! In any event, China wants a deal!
— Donald J. Trump (@realDonaldTrump) May 14, 2019
SCARY!!!!
When you come across two competing in a moron contest, the move should not ideally be to want to jump in with them too...
