Dollar Destruction Potential: From China ‘Outflows’ To The FOMC Considering QE5
Tucked away in a quiet little corner of the BIS publication library, a study was published in the organization’s September 2015 Quarterly Review. One of the biggest mysteries of that time was Chinese “capital flight.” It was breathtaking, and it would only get worse. What was really going on? Many if not most mainstream stories focused on capital restrictions. There [...]
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