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Oct 07 2021

That Money Tsunami Is Now Just A Flood

  • Oct 7, 2021

Compare the U.S. monetary response in early 2020 to China’s: The Fed quadrupled the M2 growth rate (from 6% to 24%) in three months, while China merely bumped M2 growth from 8% to 11%. This relative policy restraint leaves China in a better position to handle potential fallout than if it had gone “all in” like the U.S.  

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager