A recent move by the U.S. Federal Reserve to print dollars to purchase U.S. Treasuries (in order to lower long-term interest rates) drew fire from many leaders in G20 countries, who feared the new money would rush into their economies in search of higher investment returns. Many sought to stave off pressure on their own currencies. On November 9, China introduced measures to stop speculative inflows of U.S. money, including new rules controlling equity investments by foreign companies. In this cartoon, posted by artist Fan Jianping (范建平) to his QQ blog, Uncle Sam grins as he packs U.S. dollars into a fat cannon and fires them out into the world.

David Bandurski

CMP Director

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