by 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.China’s charts a more independent course as it sees risks from Fed policies https://t.co/B8UfTXBf1r— Bloomberg Next China (@next_china) August 25, 2021
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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.
China’s charts a more independent course as it sees risks from Fed policies https://t.co/B8UfTXBf1r
— Bloomberg Next China (@next_china) August 25, 2021