Friday, February 18, 2011

China Raises Reserve Ratio to 19.5%

China Raises Reserve Ratio to 19.5%

if a huge country keeps a 1:5 capital ratio going while the rest of the world pursues the thin ice of 1:15 it takes no keynesian 'rocket science' to figure out what will result "in the long run" - if you care about preserving the value of your savings, where would you put your money? in which scenario would your assets enjoy greater price stability? trust your instincts, people, for goodness sakes', if you ever do it, trust yourselves now

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