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HomeVideoBloomberg: A Closer Look at China's Potential Central Bank Reshuffle

Bloomberg: A Closer Look at China’s Potential Central Bank Reshuffle


China’s central bank may have two new chiefs following a reshuffle of government positions in the coming week. The potential appointments could be a departure from academics and international credentials, and Xi’s control of the central bank will be consolidated. Bloomberg’s Stephen Engle takes a closer look at the two candidates that may lead the country’s central bank.
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Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
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Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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21 COMMENTS

  1. AS I'VE SAID ALREADY THAT US 10YR YIELD IS GOING UP TO THE RANGE OF +4.5% -+5% AFTER MARCH 22ND OF THE FOMC MEETING AT THE EARLIEST AFTER THE MEETING HIKES 50BP HOWEVER THE FED IS GOING TO BE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  2. ——– > THE COINS HAVE BEEN DOWN AND DOWN AND DOWN AND THIS YEAR AS I'VE SAID THAT THOSE COINS ARE COLLAPSING INTO 0% VALUE BECAUSE AGAIN THE WEAKEST CHAIN OF THE DEBT IS BREAKING NOW BY THE INTEREST RATE HIKING CYCLE ——- > THAT IS A POSITIVE EFFECT TO RESTRUCTURING THE ECONOMY BY THE INTEREST RATE HIKING = THE REVALUING MONEY PRICE!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  3. DO THE MATH GOLD PRICE HAS NO OTHER OPTIONS BUT TO HIKE INTO THE RANGE OF 3K$ – 3.5K$ THIS YEAR + OIL PRICE IS GETTING BACK TO ITS 130$BB/LS – 140$ BB/LS THIS YEAR OR PARADOXICALLY THERE WILL BE MUCH MORE REBOUNDING OF THE COMMODITY PRICES AS I'VE WARNED THAT ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) AGAIN CASH IS TRASH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  4. DO THE MATH GOLD PRICE HAS NO OTHER OPTIONS BUT TO HIKE INTO THE RANGE OF 3K$ – 3.5K$ THIS YEAR + OIL PRICE IS GETTING BACK TO ITS 130$BB/LS – 140$ BB/LS THIS YEAR OR PARADOXICALLY THERE WILL BE MUCH MORE REBOUNDING OF THE COMMODITY PRICES AS I'VE WARNED THAT ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) AGAIN CASH IS TRASH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  5. P.S NOW STOP USING THE STUPID WORD 'STICKY' SAME AS ' TRANSITORY'!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! IT IS STAGFLATION!!!!!!!!!!!!!!!!!!!!!

  6. AGAIN AND AGAIN FED ECB PBOC ALL ARE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE AND AGAIN TIMING IS EVERYTHING THAT THERE WILL BE A HUGE MONEY FLOW OUT OF JAPAN ECONOMY IF BOJ STICKS TO ITS USLESS YCC ON MARCH 10TH POLICY MEETING MEANS ———– > MORE AND MORE INFLATION IS COMING TO HURRICANE THE JAPAN ECONOMY BY FURTHER AND FURTHER WEAKENING OF ITS YEN AND AGAIN DON'T EVEN THINK ABOUT THAT THE SUPER ENTRENCHED STAGFLATION IN THE WORLD ECONOMY ESP USA + EUROPE WILL BE GONE THIS YEAR OR NEXT YEAR!!!!!!!!!!!!!!!!!!!!!!!! ——— > THE SUPER STAGFLATION WILL BE LAST EVEN AFTER 2030YR BECAUSE OF THE MOST SEVERE IMBALANCE BETWEEN REAL ECONOMY VS MONETARY POLICY EVER SINCE THE BEGINNING OF THE 20TH CENTURY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  7. P.S AS WE HAVE BEEN WATCHING IN CHINA POLITICS SINCE 2015YR ———- > CHINA GOVERNMENT + PBOC ALL THE TIME LOST BEST TIMING TO REVIVE CHINA (+H.K) ECONOMY AND NOW ———- > CHINA ECONOMY HAS BEEN SUPER ENTRENCHED BY ITS DEFLATIONARY ECONOMIC ENVIRONMENT MEANS ——— > PBOC HAS NO OTHER OPTIONS BUT TO HIKE ITS LPR + REPO RATE ASAP ANYTIME SOON BUT THEY WILL LOSE THE TIMING AGAIN FOR SURE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  8. NOW ONE OF THE FIXED FACT IN THE WORLD FINANCIAL SYSTEM IS THAT CHINA RMB = YUAN HAS NO OTHER OPTIONS BUT TO DEPRECIATE MORE AND MORE FURTHER AND FURTHER INTO +7RMB RANGE AGAINST US$ BECAUSE OF A HUGE POLICY IMBALANCE BETWEEN USA AND CHINA ——– > MEANS CHINA IS STILL INJECTING MORE AND MORE AND MORE AND MORE ITS TOOOOOOOOO BUBBLED RMB INTO ITS DOMESTIC (+H.K) ECONOMY MEANS MORE AND MORE AND MORE AND MORE DEBT PROBLEMS ARE MOUNTING AND MOUNTING AND MOUNTING AND MOUNTING!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  9. AS I'VE SAID MANY TIMES ALREADY THAT US FED HAS NO OTHER OPTIONS BUT TO HIKE ITS FUNDS RATE +7% – +8% THIS YEAR THEN DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———– > WHAT IS GOING TO HAPPEN TO THE BOJ'S YCC THAT MAY STILL HOLD EVEN BELOW +1.0% OF ITS JGB 10YR YIELD?!!!!!!!!!!!!!!!!!!!!!!!!!!:) IN OTHER WORDS EVEN IF JAPAN IS THE LARGEST US T – DEBT HOLDER BUT THINGS WILL BE TOTALLY UPSIDE DOWN FROM NOW WHEN THE FED HIKES ITS FUNDS RATE TO THE LEVEL OF +7% – +8% RANGE THIS YEAR < ——– 0% EXAGGERATION THAT EVEN IF BOJ TWEAKS ITS YCC FROM NOW AT 0.5% OF ITS JGB 10YR EXPAND TO + 1.0% BUT THERE IS NO WAY TO STOP DEVALUING 'YEN' UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  10. After the collapse of the USSR, Ukraine was killed by everyone, home-grown nits, nits from the Kremlin … intriguing politicians from the USA and from European countries. And now these nits do not want Ukraine to be liberated quickly and ALL territory. An example of heroism disgusts the nits… they are rats themselves… and their immoral behavior with cynicism makes them and their masters the power in many countries… and also their parasitic lifestyle brings untold riches to Caudle. And they loved death… killing… drinking blood. They, like in the Kremlin, chose the path of hanging noodles. In the Russian Federation, this is quite easy to do … we are the Great and the Russian Federation is Great. In the US and the EU….We are for Freedom, Democracy, Justice…and all that stuff. I won’t be surprised if the connection of all non-humans on Earth becomes known in one shoble.

  11. BECAUSE BOJ'S POLICY WAS NOT ABLE TO INCREASE ITS AGGREGATE DEMAND IN REALITY MORE THAN AGGREGATE SUPPLY AND NOW THE WORLD HAS SHIFTED FROM THE NEO KEYNESIAN PSUEDO ECONOMICS LED BY STANLEY FISCHER + BEN GROUPS TO THE HIGH INTEREST RATES ERA MEANS NOW THE ECONOMY IS MOVING INTO THE MARKET WHERE IT DECIDES MONEY PRICE = INTEREST RATE BY ITSELF NOT BY GOVERNMENTS OR CENTRAL BANKS ANYMORE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  12. AGAIN AND AGAIN JAPAN GOVERNMENT + BOJ MUST ACKNOWLEDGE THE YCC + JAPAN VERSION MONETARY EASING POLICY TOTALLY FAILED!!!!!!!!!!!!!!!!!!!!!!!!!!!!! NOTHING BUT FAILED!!!!!!!!!!!!!!!!!!!!!!!!!!! AS WE CAN SEE FROM USA CHINA EUROPE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  13. AGAIN BOJ REALLY WANTS TO SEE THE GROWTH OF ITS AGGREGATE DEMAND IN ITS ECONOMY ——— > OF COURSE JAPAN GOVERNMENT + BOJ MUST STOP PROVIDING SUBSIDIES + MORE AND MORE M2 SUPPLY ARTIFICIALLY MEANS ———- > AS WE HAVE BEEN WATCHING THAT JAPAN INFLATION HAS BEEN CAUSED BY MOST LIKELY AGGREGATE SUPPLY PROBLEMS THAN AGGREGATE DEMAND THAT ——— > THE BOJ HAS BEEN TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DELAYED TO DISCARD THE NEO KEYNESIAN POLICY = THE MONEY PRINTINGS = THE MMT!!!!!!!!!!!!!!!!!!!!!!!!:) ——- > INDEED IT HAS BEEN DESTROYING FUNDAMENTALS OF ITS MARKET SYSTEM SINCE EVER THE YCC + MONEY SUPPLY IN 2013YR!!!!!!!!!!!!!

  14. DO THE SIMPLE MATH THAT ACTUAL JAPAN CPI FOR FEB IS + 4.3% – +4.5% WITHOUT SUBSIDIES THAT COVERED +1.1% – +1.3%!!!!!!!!!!!!!!!
    18:30 JPY Tokyo Core CPI (YoY) (Feb) 3.3% 3.3% 4.3%
    18:30 JPY Tokyo CPI (YoY) (Feb) 3.4% 4.4%
    18:30 JPY CPI Tokyo Ex Food and Energy (MoM) (Feb) 0.3% 0.1%

  15. CHECK THIS OUT THAT EVEN IF JAPAN GOVERNMENT FINANCIAL SUPPORT FOR ITS ENERGY BILLS BUT STILL ———- > WOW!!!!! ESP MONTH OVER MONTH INFLATION HAS BEEN UP TO +0.3%!!!!!!!!!!!!!!!!!!!!!!!!!!!! MEANS ACTUAL MOM INFLATION WAS + 1.3% – +1.4% JUST A MONTH FROM MONTH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
    18:30 JPY CPI Tokyo Ex Food and Energy (MoM) (Feb) 0.3% 0.1%

  16. LONG STORY SHORT THAT AS I'VE SAID MANY TIMES ALREADY THAT TIMING IS EVERYTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) AND BOJ IS LOSING ITS BEST TIMING TO CHANGE OR TOTALLY DUMP ITS ALREADY 'OUT OF DATED' MONETARY POLICY IMMEDIATELY!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

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