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2019年3月10日 · The Hong Kong Monetary Authority bought HK$1.507 billion ($192 million) of their own currency during London and New York trading hours on Saturday. The Hong Kong dollar peg to the US dollar has come under a lot of pressure.
2019年9月27日 · Hong Kong & Sanctions. June 12, 2020. QUESTION: Mr. Armstrong; Hong Kong is the source for US dollars for China. If Trump imposes serious sanctions, this would actually lead to a shortage of dollars in... HongKong.
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2 天前 · Armstrong Economics Blog is a website that offers insights and analysis on various topics such as economics, finance, history, and geopolitics. Read the latest posts from the founder Martin Armstrong and his team of experts.
2016年5月19日 · ANSWER: “Currency” is an official monetary instrument used in commerce. Currency must be “legal tender,” which means the government will accept it in payment for taxes. “Money” is a much more questionable element for it is different things to different people.
2020年6月12日 · Spread the love. QUESTION: Mr. Armstrong; Hong Kong is the source for US dollars for China. If Trump imposes serious sanctions, this would actually lead to a shortage of dollars in Asia. What do you see as a possibility in the middle of this madness? HJ. ANSWER: The actual composition of the sanction from the United States remains unclear.
2015年5月7日 · HSBC is threatening to return to Hong Kong where the bank began, given the rise in regulations that is going on. Well of course it would be good, since China will be the number one economy in size and depth by the end of this cycle in 2032.95. The banks are now being prosecuted for manipulating just about everything, and the fines are not cheap.
The development of the banking industry was a milestone in the evolution of civilization. Both the banking industry and the monetary system fostered interaction among the peoples of the world thus allowing international trade. This new age of interaction is the foundation of civilization.
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