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Here comes Chinese central bank bond buying, but this is no QE. A report surfaced in China Daily strongly implying the Chinese government is beyond just exploring something called money-financed fiscal expansion. We'll go over what that is, how it is different from QE, and what the real takeaway is. Eurodollar University's Money & Macro Analysis China Daily Unconventional monetary steps eyed https://www.chinadaily.com.cn/a/202412/11/WS6758cfcca310f1265a1d2293.html https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |