Mish's Global Economic Trend Analysis Thu 2009-10-08 15:29 EDT

Competitive Currency Debasement - A Look at Rampant Monetary Expansion In China

Michael Shedlock

The Chinese central banks' printing and respective Chinese bank lending make us look like amateurs. Chinese central bank assets and the money supply are up 25-26% annualized YTD...nearly everyone is absolutely sure the Renminbi would soar if China allowed it to float. Conceivably it could crash...Neither the G-20 nor G-7 did anything to address the massive global imbalances. Something critical is going to blow sky high, when and what remains to be seen.

China; Competitive Currency Debasement; looking; Mish's Global Economic Trend Analysis; Rampant Monetary Expansion.

Fri 2008-06-20 00:00 EDT

Walter Bagehot Was Wrong - June 19, 2008 - The New York Sun

Walter Bagehot Was Wrong, by James Grant - June 19, 2008 - The New York Sun; Jim Grant: structuring mortgages for central bank deposit in special liquidity facilities will result in a new cycle of currency debasement; Walter Bagehot versus Thomson Hankey on central banks, moral hazard, fairness, and ready money

2008; June 19; New York Sun; Walter Bagehot; wrong.

Thu 2007-10-18 00:00 EDT

Mish's Global Economic Trend Analysis: Why does fiat money seemingly work ?

by "Trotsky"; money history; inflation "cleverly disguised tax"; currency debasement irresistable to ruling class

fiat money seemingly work; Mish's Global Economic Trend Analysis.