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Where the TRUTH is EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** PBOC Wades Into Fiscal Waters as China Boosts Stimulus The U.S. had a total debt-to-GDP ratio of about 260 per cent by the end of last year, while the U.K.'s ratio was at 277 per cent. Japan topped the world table at 415 per cent relaxation of purchase restrictions, lower down payment requirements and easier access to local bank mortgages. Previously, the PBOC mainly relied on the adjustment of the reserve requirement ratio, re-lending, central bank bills and open market operations to adjust the money supply. "Now, with the introduction of PSL, the central bank will tend not to cut the reserve requirement ratio. Instead, it will be able to increase money supply by using this new tool China’s central bank has provided 1 trillion yuan ($171 billion) to China Development Bank (CDB) for re-lending to the reconstruction of shanty towns Sources: http://www.bloomberg.com/news/2014-07-06/pboc-wades-into-fiscal-waters-as-china-boosts-stimulus.html http://www.cnbc.com/id/101854344#. http://usa.chinadaily.com.cn/epaper/2014-05/29/content_17552217.htm http://europe.chinadaily.com.cn/business/2014-07/22/content_17880222.htm http://www.theaustralian.com.au/business/latest/china-central-bank-gives-cdb-1-trillion-yuan/story-e6frg90f-1226997156538?nk=44bebf8fa4bda448cfd426e78d58406e