Charting China's Economy
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#1 Jan 18, 2013
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#2 Jan 19, 2013
#3 Feb 27, 2013
I thought that China was smart. It seems, that they are not that smart after all. Last I checked, China's money supply was nearly 98 Trillion Yuan, growing at a rate of 18% per year. If they were really smart, they would lower the interest rates in the country and reduce the money supply growth rate. That way there would not be so much inflation. Just for comparision purposes, here is list of countries and their money supply and growth rates.
Russia 27 Trillion, 30% Year on Year growth
China 98 Trillion, 18% Year on Year growth
India 80 Trillion, 17% Year on Year growth
Pakistan 8 Trillion, 15% Year on Year growth
America 11 Trillion, 8% Year on Year growth
EuroArea 10 Trillion, 7% Year on Year growth
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