$(JD)$ The WSJ recently published an article, this is the leading economic'voice' for the entire financial community in the USA and in this article they put forth the argument that 'Inflation in China was too low, signaling economic weakness.'
Huh? THat's like saying, "man beats wife less often, leading to marital instability.' The head of China's central bank was educated at Purdue University. He did not pander to the masses and make outlandish and foolish moves like print Trillions of dollars to save already dying old people. Instead he carefully manicured the economy to exit the lockdown with the ability to support commerce and the real estate market in a professional and sustainable way. yes, that's right, the best economist in the world was educated in the United States, but he leads the Chinese central bank.
Comments