SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14170)10/28/2004 9:45:36 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
Good, otherwise people would rather put their cash at home since the gov. also charged 20% of tax on interest now. At 1 some percent interest, many people do not bother with putting money in banks (it is very common many Chinese usually have a couple thousand cash at home).

Furthermore, Chinese banks need paper money in circulation. There is no enough of it.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News