𝐓𝐗𝐌𝐂|Aug 09, 2026 18:06
The knowledge that China's money and credit growth is deployed into the economy in a very different fashion to Western consumption-driven economies should lead most analysts who create Global M2 aggregates to exclude China from their metrics. I made this case over a year ago when I debunked Global M2 as a Bitcoin trading indicator and a lot of the reactions didn't think I was serious.(𝐓𝐗𝐌𝐂)
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