Destination Inflation:China

November 25, 2010 at 12:32 pm Leave a comment

Andy Xie,once again wrote a brilliant article depicting current inflationary situation faced in China and what could be done to avert it from causing social instability.

He proposed (1) increasing interest rates to keep bank deposits stable, (2) slowing the money supply gradually to finish existing projects while curtailing new projects, (3) raising fixed income payments, and (4) accommodating wage increase faster than inflation.

http://english.caing.com/2010-11-24/100201385.html

Entry filed under: Watch your step. Tags: .

Time to revamp the Fed’s flawed mandate HK gold scam:harbinger of gold bubble

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