Loading ...While the West has this obscene love affair, and damn near worship of the Central Banksters I figure the Chinese have about as much use for the Fiat Follies as a dog has for a flea on its tail. I do think the Chinese will ‘play’ along with these paper games as long as it suits their purpose, but much more prefer the more tangible and honest set of measures. Time will tell.
Have a good one, and thanks for the charts this morning. Farmboy