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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (22975)9/23/2007 8:10:46 PM
From: TobagoJack  Read Replies (1) | Respond to of 217652
 
rubbish ... china doing an inflation zig before doing a currency zag

china can please its rural / west constituency and raise currency so as to drive coastal enterprises westward

china can please its coastal lot, by fiat money inflation, so as to drive growth faster, and enjoy wage inflation spiral

china cannot please both constituencies at the same time

china can zig and then zag

china does zig and then zag ... more than quarter century now ... with deliberation