Tuesday, January 29, 2013

Coins and cash



Unlike the US or EU the Indian and Chinese governments do not release vast sums of coins and notes into the hands of the people.

1,347,350,000 Chinese have only $2 per head worth cash and coins in circulation.


While 1,210,193,422 Indians have only $5 per head worth of cash and coins in circulation.


127,610,000 Japanese have $564,219 per head worth of cash and coins in circulation.

313,802,000 Americans have $3,534 per head worth of cash and coins in circulation.


501,259,840 Europeans have $1,400 per head worth of cash and coins in circulation.


143,100,000 Russians have $27 per head worth of cash and coins in circulation.


62,262,000 British have $819 per head worth of cash  and coins in circulation.


Now what does this tell us?


Quantitative easing maybe?


Just another game our politicians like to play with us.



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