tag:blogger.com,1999:blog-6234866741387164003.post8897578479020774772..comments2023-10-19T04:44:25.725-07:00Comments on World Housing Bubble - China, Australia, Vancouver Real Estate News: China Raises Big Bank Reserve Requirements to 19%GGhttp://www.blogger.com/profile/14963284253203737587noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6234866741387164003.post-37100241927063444932011-01-14T23:42:06.160-08:002011-01-14T23:42:06.160-08:00Thanks. And, yes, you are correct.Thanks. And, yes, you are correct.GGhttps://www.blogger.com/profile/14963284253203737587noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-15605184461416553832011-01-14T14:19:20.313-08:002011-01-14T14:19:20.313-08:00Love the blog. Note having reserve requirements of...Love the blog. Note having reserve requirements of zero is a bit misleading. Canada has capital reserve requirements which act as de facto reserve requirements.<br /><br />China is trying like anything to rein in debt. They are in many ways "pushing on a string" because their money velocity is very high. That is, money passes hands many times before it gets back to a bank. (At least that's how I understand it...)jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.com