Is China the bottleneck for inflation?

[blazespinnaker]

It seems to me all this monetary policy is forcing China (and friends) to massively hoard the world's money, damming it up into this massive ocean of reserves.

I think if something forces China to start spending all that money, then inflation will occur worldwide.

I believe a part of it is trickling out in to my local RE market in Vancouver.

Token link:

http://seekingalpha.com/article/1518...l?source=yahoo

I find this a bit funny though, that he's complaining about Chinese monetary policy. What does he want .. China to go into recession at the same time the rest of the world does? Sometimes I wonder if all doomers want is DOOM just for the fun of it.