Wednesday, August 25, 2021

China exhibits monetarist discipline

 

Commies going full monetarist moron:


The U.S. faces the “most severe” inflation risks of any major economy due to the large deviation between the growth of its money supply and GDP since the pandemic, the People’s Bank of China said recently in its quarterly monetary policy report. On Tuesday, Governor Yi Gang said he’ll aim to match money supply and nominal economic growth rates.





2 comments:

Chewitup said...

Warren used to talk about how all the Chinese were educated at University of Chicago.

Matt Franko said...

Xis daughter goes to Harvard...