tag:blogger.com,1999:blog-6616959642391988608.post5672329099076342415..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Are the Chinese stockpiling everything?Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-57508144295532264272009-07-30T14:01:59.733-07:002009-07-30T14:01:59.733-07:00China recycling dollars back into US assets seemed...China recycling dollars back into US assets seemed rational, until it no longer did.<br /><br />China diversifying out of dollars will seem rational as well, until it won't because the size of expenditures distorts market(s).Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26062539518032786122009-07-30T13:24:37.161-07:002009-07-30T13:24:37.161-07:00Scott,
It certainly does seem impossible that irr...Scott,<br /><br />It certainly does seem impossible that irrational stockpiling can explain all of these commodity prices, and it probably doesn't. I found this article interesting, however: <br />http://mises.org/story/3573<br /><br />I would be interested to see what you think of the article. Prices are obviously set at the margin, and it sure does look like China has made absolutely Tom Burgerhttps://www.blogger.com/profile/01484696976692382802noreply@blogger.com