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2008-03-11 China Highlights

Posted on March 11, 2008 @ 10:12 am (Tuesday) by WARREN MOSLER

Highlights:

February Inflation Accelerates to 8.7%, Fastest Pace in 11 Years

Inflation continues to rip, and my guess is it remains underreported.

Fundamentally, this is not good for the value of the yuan, by definition, but timing is everything…

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