Yuan Devaluation

China’s Monetary Flood: Fake Paper, Real Assets

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China’s Monetary Flood: Fake Paper, Real Assets

China is quietly executing the largest monetary expansion in its modern history—outside of the COVID emergency years—and the numbers are staggering. China’s M2 money supply has gone vertical, now sitting north of USD $48 trillion in equivalent terms. To put that into perspective, this is more than double the total U.S. M2 money supply. This … Read more

A Slow Boat to Yuan Devaluation

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With a too-hot economy, China knows it has to change its fixed currency system. But all options are risky, hence Beijing’s foot-dragging “Soon,” “someday,” “drop dead” — such are the responses from Beijing officialdom when asked for the umpteenth time about when China will overhaul its fixed currency regime. One hopeful remark electrifies the currency … Read more