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Why Bank Money Is “Disappearing” | Patrick Perret-Green
Forward Guidance
China's Savings of Consumers Are Very High
China is easing monetary policy and the second largest economy world in fact when we look at it the Chinese PPI how it leads us PPI or global PPI China is generally leads the world. The Covid experience has made Chinese citizens even more skeptical about the ability of the state to look after them so therefore they're saving even more because they simply don't trust the state.
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