Posts Tagged ‘ foreign exchange reserves ’

Investing in China

Aug 3rd, 2007 | By Christopher Hancock | Category: International
Last week, we reported the inconvenient truth that M3 is increasing at 12% a year. M3 is the fullest measure of the U.S. money supply… and it is going up three to four times faster than the GDP itself. The Fed’s irresistible desire to print more fiat dollars helps explain why the ...read more