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Blog // Travel
April 28, 2006

Amazing Times In The US

I’m speechless at the news that the US Reserve is going to withold information on money supply (M3). It is the most plausible evidence yet that the US central economists believe their housing bubble will soon burst, with massive consequences for the US economy. Moreover, it probably shows a desire within the US government to […]

I’m speechless at the news that the US Reserve is going to withold information on money supply (M3). It is the most plausible evidence yet that the US central economists believe their housing bubble will soon burst, with massive consequences for the US economy. Moreover, it probably shows a desire within the US government to not have domestic government borrowings be seen as a factor in rising interest rates.

It also raises some serious issues for Hong Kong, which still pegs its currency to the US, but is currently on a very different and stronger economic cycle. Thanks also to Simon World, for highlighting articles on interest rate rises in China and saturation of the Chinese retail market, both of which may bear a relation to the story of money supply in the US.

[tags] Economics, Money Supply, M3, US Reserve [/tags]

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