M1s drastic increase overnight will have inflationary repercussions, that’s what this post is all about, hence my initial shock. I haven’t mentioned M2 but I’ll read into your sources. The way I understand, there’s more circulating money chasing a finite amount of goods, no?
Discussion
no problem friend, but everyone should realize that china has two currencies, an internal and an offshore. so the analysis is more complex. how they account for their money supply is problematic. i will continue to research. have a good day.