西西河

主题:【原创】闲话1 -- 井底望天

共:💬731 🌺9251 🌵25 新:
全看分页树展 · 主题 跟帖
家园 I have explained for you abo

above

Total money in circulation = central bank base * money multiplier

China has to expand the first item due to trade surplus with America, but China is cutting the second item so that its total money supply can be controlled.

全看分页树展 · 主题 跟帖


有趣有益,互惠互利;开阔视野,博采众长。
虚拟的网络,真实的人。天南地北客,相逢皆朋友

Copyright © cchere 西西河