China calculation of the day

by on December 4, 2016 at 7:40 pm in Current Affairs, Data Source, Economics | Permalink

The dimensions of China’s liquidity splurge are startling. Ousmène Jacques Mandeng, formerly with the International Monetary Fund, has calculated that between 2007 and 2015 China created 63 per cent, or $16.1tn, of the growth in the world’s supply of money.

That is from James Kynge at the FT.  Italy could use some of that nominal gdp right now…

1 carlospln December 4, 2016 at 8:30 pm

CHI went from $1T in gov’t debt in 2008 to $30T today.

Where’s the other $13T?

2 gab December 5, 2016 at 12:08 pm

Vancouver and Orange County

3 Scott Freelander December 4, 2016 at 10:01 pm

Tyler,

That’s just under 6.5%/year, if I’m not mistaken. Doesn’t an economy need its money supply growing roughly at least as fast as its potential output? Given the negative shocks that have occurred over the past 8 years, if anything, China needed more money created.

4 Yancey Ward December 5, 2016 at 2:03 am

Doesn’t this really deserve “No Great Stagnation”?

5 Cowen December 5, 2016 at 2:45 pm

It’s interesting calculation. However, I am really not too much concern over these things because for me, it’s not really making any difference at all. I do trading with clear mindset and through broker like OctaFX; I am able to do it all easily. They are regulated plus a worldwide recognized company servicing in over 170 countries and have stuff like daily market updates, so all this enhance my chances as far profit making comes even in toughest of the situations.

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