Chinese millionaires are coming to the U.S. to buy properties.
So who says cash is totally frozen?
Not only do these Chinese business people have the money to spend, but they are buying something besides Treasury Bills.
Is this a clear buy signal for us?
Exactly why are they buying?
Clearly they see good quality properties at low prices now and that those prices will be rising in the near future.
In other words, the Chinese real estate investors are probably agreeing with what we have been saying about the return of inflation.