Summary:
[unable to retrieve full-text content]89.2 China Warns World of (Next?) Dollar Disorder. The People’s Bank of China lowers its bank Required Reserve Ratio to get money into a slowing economy. A lowered RRR means that there aren’t enough (euro)dollars flowing into China. Why? Because there aren’t enough (euro)dollars in the world. A lower RRR is a warning for the whole world.
Topics:
Jeffrey P. Snider considers the following as important: 5.) Alhambra Investments, Alhambra Research, bonds, commodities, economy, Eurodollar University, Featured, Federal Reserve/Monetary Policy, Making Sense, Markets, newsletter, stocks
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[unable to retrieve full-text content][unable to retrieve full-text content]89.2 China Warns World of (Next?) Dollar Disorder. The People’s Bank of China lowers its bank Required Reserve Ratio to get money into a slowing economy. A lowered RRR means that there aren’t enough (euro)dollars flowing into China. Why? Because there aren’t enough (euro)dollars in the world. A lower RRR is a warning for the whole world.
Topics:
Jeffrey P. Snider considers the following as important: 5.) Alhambra Investments, Alhambra Research, bonds, commodities, economy, Eurodollar University, Featured, Federal Reserve/Monetary Policy, Making Sense, Markets, newsletter, stocks
This could be interesting, too:
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89.2 China Warns World of (Next?) Dollar Disorder. The People’s Bank of China lowers its bank Required Reserve Ratio to get money into a slowing economy. A lowered RRR means that there aren’t enough (euro)dollars flowing into China. Why? Because there aren’t enough (euro)dollars in the world. A lower RRR is a warning for the whole world.