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70 sats \ 2 replies \ @Undisciplined 17 Apr \ parent \ on: Money Supply China vs United States chartered charts_and_maps econ

This chart shows that the value of all Yuan is increasing in dollar terms.

To me, that would suggest their policies are working better than the US's.

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56 sats \ 1 reply \ @BlokchainB OP 17 Apr

If that were true wouldn’t China have the largest GDP in the world?

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76 sats \ 0 replies \ @Undisciplined 17 Apr

I'm not saying this chart is accurate, just how it would have to be interpreted.

What it's claiming to show wouldn't be the money supply of Yuan. It would be the market cap of Yuan.

Edit: I have seen money supply charts showing that the value of Yuan is greater than that of dollars and that also strikes me as very odd. It doesn't exactly mean their GDP has to be larger, but since Yuan are less used globally, it does seem to imply that China has a larger GDP. IDK, there's probably something goofy in the methodology or data.

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