Inflation and Central Bank balance sheet
I have a quick macro question for all you macro geniuses on WSO...
How does the amount of Treasuries purchased by the People's Bank of China affect the inflation rate in China?
I have a quick macro question for all you macro geniuses on WSO...
How does the amount of Treasuries purchased by the People's Bank of China affect the inflation rate in China?
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MV=PQ
Yuan isn't freely traded though.
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