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Total 2 results found. Search for [ Zhang Monan ]

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Zhang Monan
May 22, 2013
China is stuck in a currency-creating cycle: GDP growth encourages investment, which boosts demand for capital, creates liquidity, and stimulates further GDP growth. The key to controlling the money supply is to prevent the government from becoming a second currency-creating body.

Zhang Monan
April 15, 2013
Since 2007, the financial crisis has pushed the world into an era of low, if not near-zero, interest rates, as most developed countries seek to reduce debt pressure and perpetuate fragile payment cycles. But, despite talk of a \"new normal,\" there is a strong risk that real interest rates will rise in the next decade.