Wow Pboc injects 51 bln into banks who do t have the money to cover obligations
Is this *real money* that has to be paid back though(?)
Who knows what is real and what isn't anymore.
I just know that for over a decade they've been turning printed fiat into hard assets in the West, and in the process have helped make housing unaffordable & have crucified renters and savers. What a farce. We are all apparently 'rich'.....yet Australia (and NZ, and the US) is drowning in debt.