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Be Careful When Buying Jade in China
Feb 7, 2013 22:42
#21  
  • XIAOBAIHE
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  • Join Date: Jun 9, 2009
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Broad money twice the volume of GDP, so if you don't invest, the money become less value.[/quote]

u think to invest is to blow the bubble of GDP, dont' u?
Last edited by XIAOBAIHE: Feb 7, 2013 22:44
Mar 16, 2013 19:56
#22  
GUEST15333
Quote:

Originally Posted by XIAOBAIHE

Broad money twice the volume of GDP, so if you don't invest, the money become less value.


u think to invest is to blow the bubble of GDP, dont' u?[/quote]


Xiaobaihe,

I think you missed what DAVID tried to say: when government prints more money, the money you have in your hand or bank deposits is worth less. It's actually inflation.
Therefore people are looking for safe investments with higher return to beat inflation.
And one of these investments is Jade. Of course it's true only if more and more people buy jade, causing the price of existing jade to go up, while the supply of new jade stays the same.
It's Economics 101 (basic Economics).

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