China Not Immune To Contagious Quantitative Easing And Massive Printing Of Cheap Money

China Not Immune To Contagious Quantitative Easing And Massive Printing Of Cheap Money by Frank Holmes

First it was the U.S. Federal Reserve. Then, in 2013, Japan launched what became known as Abenomics. The European Central Bank (ECB) followed suit in 2014. And now the People’s Bank of China has joined the parade.

All of them in some way stimulated economic growth by initiating monetary quantitative easing (QE) programs.

The media and politicians applauded them for their QE plans....

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