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Thread: How about issuing 500 and 1000 yuan RMB?
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[quote=JIMMYB,361260]An official in Guangdong Province suggests that the government should issue 500 and 1000 yuan RMB now. Currently, the deflation problem is gradually becoming serious in China. Due to the financial crisis, people start to save money at the banks and this is why the government encourages people to consume. According to that offcial, if people have much money in their wallet, they will spend it. Then the domestic needs will be expanded. What do you think of his idea?[/quote]
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