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Money supply poses global inflation risks


Money supply poses global inflation risks
By Adam Slater |
China Daily |
Updated: 2021-05-17 08:16
A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province, on Aug 28, 2019. [Photo/Sipa]
In recent weeks, markets have become more nervous about inflation risks, with long-term inflation fears rising, spilling over into high government bond yields. One reason for the nervousness is strong monetary growth in the advanced economies. Six-month broad money supply growth has eased from its 2020 highs but remains elevated at around 10 percent (annualized) in the United States, the eurozone, and the United Kingdom.
Last September, we argued that the global monetary boom was no cause for panic, because there were several reasons for thinking strong money growth would not translate into high inflation. ....

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Velocity, A Managed Services Company Strengthens And Expands Channel Sales


Velocity, A Managed Services Company Strengthens And Expands Channel Sales
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HOLLAND, Ohio, May 5, 2021 /PRNewswire/ Velocity, A Managed Services Company (Velocity), an MSP that provides telecommunications services, and digital and media solutions, announced today it has hired Thomas Murphy as the director of channel and strategic relationships. In this role, Murphy will lead the company s indirect channel sales division and the indirect channel strategy and execution to meet Velocity s growing demand for its product offerings.
Murphy has been a leader in the channel and indirect marketing segment for over 25 years. His primary focus has been on large-scale enterprise business development and indirect sales programs. Before joining Velocity, Murphy was the co-founder and managing partner at Resourcive, where he led the sales engagement team and sales consulting effort. ....

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