Sunday, July 19, 2009
Step by step - how the dollar is recycled via China
A propos China and monetary inflation, please see two very useful and enlightening articles by The Contrarian Investor - this explaining why the money supply is growing there, and this detailing the steps by which money from the US goes on a round trip to China and back.
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2 comments:
Why does the money want to do that? Does it love travel so much?
It's a Mammongram.
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