I just found out that one of the governors of China's central bank is a traitor! This traitor is more evil than the real estate crises of Evergrande and Country Garden! What does this bank president do? This bank governor will devalue the RMB by 17% in 2023. Do you know how much the Chinese people will lose if the RMB depreciates by 17%? If the total circulation of RMB is 20 trillion US dollars, this means: a loss of 20 trillion x 17%, which is close to a loss of 4 trillion US dollars! Do you all understand this logic? That means each of the 1.4 billion Chinese people lost $3,000 USD for no reason! You say: Is this person a traitor? The assets of Evergrande and Country Garden collapsed, but they invested in China, and the RMB depreciated by 17%. This RMB depreciation operation is aimed at making Chinese products competitive, but it is indeed an act of selling out the country! If the U.S. debts held by China become worthless, China will not have to lose $4 trillion! Due to the depreciation of the RMB, China will suffer a direct loss of nearly 4 trillion US dollars! The Chinese government is indeed very weak in finance and finance! For the well-being of 1.4 billion people, China must adhere to several principles to win this financial war: 1. The RMB should never replace the "US dollar"! Becoming the world's hegemonic currency will make people miserable. Look at the British pound, the euro and the US dollar. "Hegemonic currency" is a trap set by capitalists to allow "high debt" to achieve "currency circulation" and become a hegemonic currency. 2. The RMB should never be open to "free convertibility"! "Freely convertible currency" means that capitalists can control the market share of the RMB and manipulate the exchange rate. In this way, the finances and economy of China's 1.4 billion people are controlled by capitalists! 3. The RMB should be pegged to "gold" as soon as possible! Only the "gold standard" of the RMB can prevent some traitorous and corrupt officials from affecting the livelihoods of 1.4 billion people. China must adhere to one principle: domestic transactions continue to use its own currency, and trade between countries must be conducted using "gold" or "BRICS currency". This is the truly correct path. China has a 5,000-year monetary history. If the Chinese currency still loses to that of European and American countries, wouldn't that be ridiculous? Never learn from those countries that have no culture. They are not good at math. Are Chinese people not good at math?
Trump really lacks economic and financial knowledge! Why is there such a huge deficit in the US dollar? Let’s take a look at modern monetary history! Why are the British pound, the euro and the US dollar all highly leveraged and highly indebted countries? We have a wrong idea: because these countries often start wars, they have high "debts"! These words seem logical, but in fact, they are completely illogical. The logic of these words is the wrong logic given by capitalists! What is the nature of "wars"? The essence of "wars" is that capitalists want to make money! "Wars" is the most expensive "luxury" in the world! No matter how much a country invests or spends, it will never cost more than buying "a war"! "Wars" is the most expensive "luxury" in the world! Don’t underestimate “wars”! Why is there no civil war in the United States, but the US finances are still "in deficit"? Because the United States has been "buying wars" around the world! Why does the United States "buy wars"? Because American government officials are corrupt due to war! The United States’ annual “defense budget”! Let’s look at how much money the US officials embezzled when they launched wars such as Iraq, Afghanistan, the Korean War, and the Vietnam War. How much "profits" do the capitalists make from the "wars"? Britain, Europe and the United States particularly like to "buy wars" because they are so stupid! What the government officials of these countries care about are: "Their own profits" and "the profits of the military-industrial complex", so they are willing to "borrow money" to start a "war"!!
Why do I say: Trump doesn’t understand finance and economics at all? Does Trump know why the United States must maintain a trade deficit? If Trump wants to maintain "US dollar hegemony", the United States must maintain a trade deficit! This is a simple logic of thinking with the butt. Trump's brain thinking ability may be worse than his butt! How does the United States get everyone to hold US dollars? First of all, if the United States always wants to make money from others, who would want to hold "US dollars"? If the "US dollar" is not circulated, how can the US dollar maintain its hegemony? If doing business with the United States is always a "loss", then the question is: Who would want to do business with the United States? And who wants to hold US dollars? Trump regards the whole world as "America" and the people of the world are the American peoples! In America, the American people have no choice! The American people must borrow "US dollars" from banks because peoples do not have the power to issue US dollars! The American people must "pay high taxes", the American people must "consume", and the American people must use "US dollars" to consume, so the "US dollar" monopolizes the American people's livelihood economy! The American people must be controlled by the "US dollar"! The American people must accept "unlimited printing of US dollars"! The American people must accept "inflation"! Does Trump think that all people in the world are American people? Does the whole world have to use "US dollars for transactions"? Why does the US dollar have a 40% share of the world's market? It’s because of the “trade deficit”! The whole world has not yet figured out the "monetary logic"! Let me give you an example!!
Li Ka-shing is very famous! Li Ka-shing is very rich, and we all recognize Li Ka-shing’s wealth! The United States is like Li Ka-shing. Li Ka-shing suddenly wanted to issue his own currency. He said: We will use Li Ka-shing currency for all transactions in the future! But Li Ka-shing always makes money, while doing business with Li Ka-shing always loses money. 1. It is certain that no one would want to continue doing business with Li Ka-shing. 2. No one is willing to hold Li Ka-shing’s currency! How does Li Ka-shing sell Li Ka-shing currency to others? Li Ka-shing must: 1. Give away money for free 2. Deliberately make losses in business! If Li Ka-shing gives 100 million Li Ka-shing coins to 100 million people, will this create a "false impression" for businesses: 100 million people hold Li Ka-shing coins! Li Ka-shing Coin is used by 100 million people! In fact, Li Ka-shing gave one Li Ka-shing coin to each of the 100 million people! What is the actual value of Li Ka Shing Coin? Let’s see what material Li Ka-shing uses to print currency? For example, a $100 US dollar bill has a cost price of 0.7 cents US dollars. 2. Li Ka-shing loses money in every business he does, but all his losses are Li Ka-shing coins. Will this allow Li Ka-shing coins to be circulated quickly? Many people ask: Li Ka-shing is giving away currency and is suffering losses, what benefits does it bring to Li Ka-shing? Everyone should look deeper! Li Ka Shing Coin is like the US dollar! A cost of 0.7 US dollars can be exchanged for goods worth $100 US dollars. What do you think are the benefits of US dollar hegemony? Think about it again: Does Li Ka-shing need to be held responsible for the excessive issuance of currency? Li Ka-shing can refuse to pay money with assets, this is not a loan! The control over currency is in the hands of Li Ka-shing, do you understand??