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re: A Chinese Belgian Waffle?
Posted on 12/22/14 at 4:20 pm to BennyAndTheInkJets
Posted on 12/22/14 at 4:20 pm to BennyAndTheInkJets
quote:
it becomes much easier to post collateral and settle transactions compared to if the PBoC had to post and/or hypothecate collateral back and forth from mainland China or their outsourced managers to a clearinghouse.
I'm sure somebody knows what this means, but it's not me
Plus, I think inkjet made that word, hypothecate, up
1
Posted on 12/22/14 at 6:31 pm to white perch
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