China bank continue print money?

China's central bank quietly doing big things, nature blurred. 
 1."First Financial Daily" reported that the central bank to PSL (supplemental mortgage loans) inject funds into the CDB, in April this year, the CDB to inject 1 trillion, put in the interbank dealings items, once arrival batches withdrawals, country CDB each withdrawal is subject to central bank approval. CDB in the hands of the bonds held as collateral for a term of three years, the interest rate a year a meeting. The "21st Century Business Herald" quoted informed sources said the PSL repayment funds mainly from housing finance future special bonds issued in the inter-bank market CDB Housing Finance Division. 
 2. PSL is essentially the way the money supply, the central bank is one of the basic means of the issue of currency, the Statistics Division of the People's Bank survey Shengsong Cheng July 15 briefing at the central bank, said interior, foreign exchange fluctuations will not affect the central regulation of the supply of base money capabilities. May the central bank's new foreign exchange caliber only 361 million yuan, the chain dropped 99%; May new foreign exchange 38.665 billion yuan of financial institutions, the highest in the nine-month low. Unrealistic foreign exchange issued by the monetary base, China's economic structure is undergoing major changes, Shengsong Cheng said, "We'll be able to carry out open market operations in the United States is such that the main U.S. base money supply is through open market operations, such as holders of bonds our country may be a multi-pronged open market operations. For PSL (supplemental mortgage loans), the central bank is also exploring the study, which is a re-lending. "


3. Unable to get more official information, only to media reports, the matter in doubt.
  First, in the end is not issuing base money? Central Bank injected CDB placed under interbank dealings, not reflected in the balance sheet, the monetary base is not explained, but in fact the central bank to create trillions out of thin air, and there are similarities between the monetary base.
  The central bank injected quiet, interest rate is unknown, the balance sheet is not displayed, it seems unwilling to lead the market concerned, contrary to the guidelines on the role of open currency market. Perhaps the central bank reluctant to admit the creation of base money, the central bank may want to maintain a stable currency market expectations? Or maybe all the wrong interpretation of the market, is not a PSL?
Nevertheless, the example shows that only BOC Remittance excellent decision makers understand the reforms will lead to questioning of reform.

 

4. As a China mold factory, just like all of China's manufacturing industry as producers do not like the government continues to print money, because to continue to print money to do better on behalf of the mold can not escape the devaluation, earned 100 yuan suddenly discovered only when 50 yuan use!