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主题:【原创】时事述评:人民币汇率改革 -- 井底望天

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家园 you are too modest

大家要记住一点,就是俺的看法,不一定全对。这些看法,只不过是俺对这些问题的一些理解,

--at least, when it comes to banking and financial issues, your comments are insightful, indicating your deep institutional knowledge in that field. I only comment on finance/tax/accounting issues since they are my specialty, but I must point out that your understanding of the modern banking system is much much better than many domestic chinese who keep on posting blah-blah grandose talks here.

I do not understand why people still think that foreign reserves are their "xue han qian" (blood money). For me, reserves are just bunch of debits on the left hand of PBOC's balance sheet, the monetarization base for China's central bank.

Money, to some extent, is just a mirage, a calculational basis and an incentive creator.

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