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主题:吴晓灵:中央银行现在已经处于两难状态 -- SkyWalkerJ

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家园 I do not think so

First, market crash mainly hits the (M3-M2) part, not M0. China's origin of problem is the power money issued by the central bank, the M0 part.

Second, market crash will have social costs. Keep in mind, China has 100m retail investors. Most of them should never have put their pension/lifelong savings in this casino at the first place.

They hijacked China's politicians.

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