Hi @Brad_Setser is this super-interesting aspect of China’s reshuffling of reserves in 2015-6 different to what happens in other countries when carry trades unwind in depreciation? In China it is a reshuffle because state banks are part of same balance sheet as PBoC reserves? twitter.com/Brad_Setser/st…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…