Who Has Done It Better? The Fed Or The PBOC?
I'm no economist, unfortunately, neither is anyone at either of these two central banks.
I have a saying, "The Chinese didn't invent 'bathtub manufacture' but they may have perfected it."
I suspect the same is true about 'Wealth Destruction.'
I'm no economist, unfortunately, neither is anyone at either of these two central banks.
I have a saying, "The Chinese didn't invent 'bathtub manufacture' but they may have perfected it."
I suspect the same is true about 'Wealth Destruction.'