Chinese Inflation is Overflowing
Posted by Jason Apollo Voss on Feb 18, 2011 in Blog | 0 comments China’s People’s Bank announced this morning that it is raising bank’s reserve requirements for the second time this year. Again, this is to help stave off inflation in China. The specifics of this move on the part of China’s banking authority are not interesting. What is interesting about Chinese efforts at fighting inflation are: 1. The many methods of...read more