“It's not affordable for China to continue to absorb such a huge increase in foreign exchange reserves,”
“China's foreign exchange reserves hit US$818.9 billion at the end of last year, but they should not exceed US$250 billion.”
“China's foreign exchange reserves hit $818.9 billion at the end of last year, but they should not exceed $250 billion.”
“It is not by Christ's ordinance that "the Sacrament is reserved, lifted up or worshiped." But because Our Lord did not command such practices, it does not mean that they are condemned.”
“One who wants to keep their yard tidy does not reserve a plot for the weeds”
“The likelihood of inflationary pressures is increasing. The likelihood that the (Federal Reserve) is going to do something is increasing.”
“A big increase could certainly get the Reserve Bank a little nervous. They'd be very close to pulling the trigger, raising the rate.”
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