No they didn't cut the interest rates or even print a m ountain of ¥, yuan.
BeamMeUpScotty <[email protected]>
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https://www.zerohedge.com/markets/futures-flat-china-injects-fresh-monetary-stimulus ======================================================== No they didn't cut the interest rates or even print a mountain of ¥, yuan. They instead "reduced REGULATION" on the amount of reserve Yuan held in reserve. Interesting that the Marxist Chinese did what I said would have to be done to stop the cycle of inflation and recession/depression that we see causing the whiplash of volatility. By reducing regulation that capital is meant to go to where it is most needed and that is decided by the people on the ground where the money is being earned and the wealth is being created and thus to be handled by those who actually create their own wealth... it's the ONLY way I have seen that ever stop STAGFLATION. The way to stop it is to reduce regulation and taxes and spending and growth of the Government. the Marxists in China are doing it and they will have a softer landing than we will in the United States who will be headed for Depression. The Chinese on the other hand are using lock-down regulations that help create the STAGFLATION... so it's still an open question as to which Marxist regime (the U.S. Biden Regime or the Chinese Communists and Xi) will be the one to cut government power and interference of the PRIVATE SECTOR enough to NOT drive their own economy off a cliff. -- -That's karma-