pull down to refresh

47 sats \ 2 replies \ @oklar 3 Jan \ on: China's Central Bank Signals Major Monetary Policy Shift for 2025 econ
How do you think this will affect consumers in P.R.China?
I'm always confused by interest rates slashing. This is obviously designed to do this?
write
preview
15 sats \ 1 reply \ @TomK OP 3 Jan
The state will force banks into more lending to inflate the credit bubbles again...
reply
47 sats \ 0 replies \ @oklar 3 Jan
Well, all those banks with cash burning a hole through their purses. Can only be a good thing, right.. right?
reply