Andy Xie, an independent analyst and former chief Asia economist at Morgan Stanley, talks with Bloomberg’s Jon Erlichman and Deirdre Bolton about the Chinese central bank’s policy and concerns about rising inflation in the nation. China ordered banks to set aside more deposits as reserves for the second time in a month to cool the fastest-growing economy. The reserve requirement will increase 50 basis points effective Feb. 25, the People’s Bank of China said on its Web site today.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.