10 year inflation is 26%

本帖于 2014-10-30 09:52:25 时间, 由普通用户 lexm5 编辑
www.usinflationcalculator.com/


Chinese basically has no independant currency.  They have no choice but to buy US bond in order to index RMB to dollar.  

Just like MIng and Qing Dynasty depends on Spanish silver dollar (大洋), PRC depends on US dollar.

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beat inflation at least and much safer -LordofMoney- 给 LordofMoney 发送悄悄话 (29 bytes) () 10/30/2014 postreply 09:50:46

http://goldprice.org/ -lexm5- 给 lexm5 发送悄悄话 (0 bytes) () 10/30/2014 postreply 09:54:16

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