INFLATED II: Hot Money, Flow & Interaction, and China’s Role
Flow & Interaction: Covid & Greed
Never Discount Greed
How About Wages?
Hot Money Flows
Russia, CRINK, and Saudi Arabia
MORE FROM SNS QUOTES OF THE WEEK EVENTS MEMBER SPOTLIGHT ETHERMAIL OUR PARTNERS WHERE’S MARK?
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This week, I am going to suggest additional factors behind global inflation that are not as obvious, or as classical, but which may be playing key roles. And now, let’s begin with the phrase that all trained economists and Street watchers alike hate most:
It’s different this time.
That phrase is a bit more palatable when spiced with one of our recent SNS mantras: If you are not including the China effects in your economic predictions, you should stop predicting.
And you don’t have to trust us to believe this: China is different this time.
Specifically, the economic model of the China of Deng is not that of the China of Hu, which is also not that of the China of Xi. And – a bit of an ancillary thought – don’t forget that Xi has wiped out all of the family players’ roles of Deng and Hu, often including the players themselves.
Let’s start this story with the onset of China adopting its current “InfoMerc” national business model, a discovery we made through our INVNT/IP division and that members can read about via Evan’s whitepaper Theft Nation. This was what I briefed to the top officers of all of the three-letter agencies in the Five Eyes and the EU, so, well, we knew at that time, and know now, that it was right.