
Could Chinese water constraints “un-anchor” long-term inflation expectations? (FFTT, 11/17/21)
For want of a nail the shoe was lost,for want of a shoe the horse was lost,for want of a horse the knight was lost,for want of a knight the battle was lost,for want of a battle the kingdom was lost.So a kingdom was lost—all for want of a nail.– “For Want of a Nail” China can print money, but it cannot print water.-Charlie Parton, April 2018 “According to Wang Shucheng, China’s former minister of