a*****V 发帖数: 1 | 1 as of sep/21, the base money supplies of china and us
were 8690b cny and 6388900m usd, respectively. 1usd=6.4455cny
8690*1000/(6388900*6.4455) = 0.2110265.
https://tradingeconomics.com/country-list/money-supply-m0 | a*****V 发帖数: 1 | 2 the velocity ratio of cny to usd
16862.98/22939.58/0.2110265 = 3.483468. | a*****V 发帖数: 1 | 3 when velocity of usd is at the record lows, deflation is a threat, so
cutting quantity of goods and services is proactive to counter recession. a
quicker response is disruption of supply chain that leaves goods on
container ships. you have covid to blame, and j.b. will print you more cash
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