Sam Chee Kong
So what our policy makers in this part of the world is doing to protect us from all these ‘lose money’ from entering our shores? Apparently our Governor of Bank Negara Tan Sri Dr Zeti Akthar’s response to the FED’s QE2 seems to contradict with what our neighbors are trying to achieve. Instead of preventing the inflow, rather it is encouraging a greater inflow of foreign capital and declared that we have to manage the increase in volatility of the markets due to QE2.
A country’s Money Supply is basically the total of all notes and coins, loans and credit and other liquid investment. Or put it simply the total Money Supply of a country consist of the following :
Showing posts with label Federal Reserve System. Show all posts
Showing posts with label Federal Reserve System. Show all posts
By Syed Jaymal Zahiid
KUALA LUMPUR: Malaysia's economy is set to crash if no regulation is imposed on the inflows of hot money, DAP economist Charles Santiago said.
A rallying market and appreciation of the ringgit have forced the government to think twice before imposing capital control.
Second Finance Minister Ahmad Husni Hanadzlah has said in an interview with Bloomberg recently that “we are benefiting from the capital inflows and the appreciation of the ringgit. It’s not affecting our property market like many other countries.”
The World Bank has warned that Asian economies may need to impose capital controls as “quantitative easing by the US threatens to spur asset bubbles in the region”.
KUALA LUMPUR: Malaysia's economy is set to crash if no regulation is imposed on the inflows of hot money, DAP economist Charles Santiago said.
A rallying market and appreciation of the ringgit have forced the government to think twice before imposing capital control.
Second Finance Minister Ahmad Husni Hanadzlah has said in an interview with Bloomberg recently that “we are benefiting from the capital inflows and the appreciation of the ringgit. It’s not affecting our property market like many other countries.”
The World Bank has warned that Asian economies may need to impose capital controls as “quantitative easing by the US threatens to spur asset bubbles in the region”.
Image via WikipediaIf there is a moment when an epoch ends, perhaps it was last weekend in the Portuguese capital, Lisbon, the port from which Vasco da Gama sailed in 1497 on his voyage of conquest that set up the first European empire in Asia.The visiting President of China, Hu Jintao, offered to help bail out Portugal from the threat of default on its huge sovereign debt. ''We are ready to take concrete measures to help Portugal overcome the global financial crisis,'' Hu declared.
Subscribe to:
Posts (Atom)
