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Hong Kong Dollar Peg Doesn’t Fit in Swiss Hole
Wall Street Journal Superficially, Hong Kong faces a similar situation to Switzerland. The Swiss National Bank was buying huge volumes of euros to hold down the franc, swelling reserves and leading to rapid money creation. There was little inflation, but worrying froth in … and more |
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.