The China's QE x 2 That Nobody Talks About 


America's QE1 & 2 are peanuts:-

China is currently inflating its money supply by a larger degree than most other nations. M2 increased by more than 17% in the first quarter in comparison with the referential period of 2010. In the past decade M2 has increased by an average of 18.8% (while the GDP increased by 10.9%). China currently runs the highest M2/GDP ratio in the world. In 1996 M2 amounted to USD 700bn, meanwhile it has increased to more than USD 11 trillion. If we assume that the money supply will continue to rise by 15% per year, the increase in absolute terms would be USD 1.7 trillion annually. If one wanted to cover only 10% of the annual increase in money supply (i.e. USD 170bn) with gold, it would require almost 3,600 tonnes at current prices.

M2 money supply USA vs. M2 China (in USD)





 You must also consider the size of US economy and that of China . i.e China's printing of new money is actually more hideous than anything on earth.