Chinese Official to Volcker: QE2 can cause economic catastrophe

Via CBS:
On Tuesday, a Chinese official speaking before Volcker at the financial forum repeated Beijing's criticism of the move.

"If the United States can increase the volume of dollars and it can transmit inflation to other countries to lessen the pressure of debt, then it will bring about a catastrophic influence on the world," said Cheng Siwei, a deputy chairman of China's legislature.


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