I played around with some of the Chinese and US money supply data. I didn't occur to me that Chinese money supply is so large, but then again it is a large economy with very large upside potential. Notice that the M1 ratio has gone flat but M2 and M3 ratios are still moving upward.
Graph #1: M1 China:US |
Graph #2: M2 China:US |
Graph #3: M3 China:US |