Discussion in 'China' started by Ray, Dec 13, 2014.
Clever little tykes!
Using banknotes of a useless currency.
i heard that chinese use plastic notes, what is that?
and note currencies are not cheap as ordinary papers...so i doubt the cleverness here
the money supply also money production paradox of PRC will be its Achilles heel. but its such a large country with large economic indicators there will always be attentive figures to distract.
Q. Can someone be paid in PRC by a state enterprise with (unregulated - unofficial) currency in exchange for their hard work (value). Can currency carry that hard work into the market.
How is money supplied into the PRC market. Whats the indicators and components of that.
I am sure the endeavour of PRC is to play by the rules.
One can always questions the west and western powers on how they reached where there are right now (also). but they might respond by saying it was done transparently and with pain and gain.
Someone said be thankful we have the RBI they are doing a outstanding job. Sometimes i agree.
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