Many people think "economics" is difficult! And many officials feel that the country's "economy" is difficult to manage! "Economics" is not difficult at all, and "people's livelihood economy" is not difficult at all. Never listen to those "experts who take off their pants and fart." These "fake experts" just like to "take off their pants and fart." They always make a bunch of messy things and make "simple things complicated" so that they can get rid of their "Profits"! Chinese officials keep two major principles in mind. I guarantee that you will do a good job in China's people's livelihood economy! These two principles: "Balance between supply and demand" and "Narrowing the gap between rich and poor"! These two principles are very important, I’ll explain them again when I get the chance!

Today let’s talk about “wealth”! Is Musk really the richest man in the world? Of course not! Musk is the richest man in the world who can be put on the table, but Musk is definitely not the richest man! Who is the richest man in the world? The U.S. Treasury debt is 33 trillion, and the European and British national debt should be 550 trillion! You read that right, 550 trillion may be the total debt of euros + pounds! Let’s assume that the debt of Europe, the United States and Britain is: 600 trillion US dollars! It’s easier to calculate this way! Musk’s net worth is at most US$200 billion! What does this mean? It would take 3,000 people with as much wealth as Musk to consume 600 trillion European, American and British debts! We must understand: "Money" in financial transactions will not disappear for nothing. There must be people who lose money and people who make money! Where is that $600 trillion in debts? Xu Jiayin and so many corrupt officials in China have brought at least 10 trillion to the United States. Where did the money go?

What is “US dollar” hegemony? Let’s take a look at the “Exchange Rate Table”! The exchange rates of US dollars, euros, pounds, Canadian dollars, and Australian dollars are not much different! The real difference is: Indonesian rupiah, Korean won, Japanese yen, ruble, rupee, and of course the currencies of South American countries. I think Venezuela’s currency exchange rate should be terrible! Why can the exchange rate difference be as close to 16,000 as in Indonesian rupiah? We have to understand one thing: "Currency" is a "tool" for transactions, and "currency" itself has no value! Now the "currency domineering country" uses "weapons" to give "currency value"! What does this mean? That is: The "currency" is not exchanged for the currencies of other countries. This currency is a trading tool. There is no "exchange difference" in this currency, and the "exchange difference" is the main reason for the "value of currency"! To put it more bluntly: Hegemonic currency countries use "exchange differences" to exploit countries with weak currencies! Is the Indonesian economy in bad shape? Is there unrest in Indonesia? Is there a war in Indonesia? No! Indonesia is simply a country whose "currency" is manipulated by some group!

To make it simpler: "USD" is traded 1:1 in the United States, and our hourly wage is $10 per hour. So how much is the Indonesian labor force per hour? The hourly wage in Taiwan seems to be NT$100 per hour, which is $3 USD per hour! Is Taiwanese labor less valuable than Americans? Of course not! Telling everyone about "exchange rate" is not about telling everyone about "labor force", but "exchange rate" has a lot of "deception" in it! This is really difficult to explain one by one! We now have to wonder: Where is the $600 trillion in debts? 600 trillion US dollars of debts is in the hands of institutions that issue euros and dollars. Is it the Federal Reserve that issues U.S. debt, and the central bank that issues European debts? This will be quite interesting! If this 600 trillion debts is not resolved, people all over the world will be slaves of these institutions!

"Currency hegemony" not only exploits the value of people's labor force, but also exploits the value of assets of various countries, and can even occupy territory by relying on "exchange rates"! We can see it in the Palestinian people! To truly solve the "exchange rate" problem, a "new gold standard" global unified currency must be formulated! These countries that owe 600 trillion US dollars in debts must need to default on their debts, but they use "treasury bonds" to issue "bonds" and lend "bonds" to emerging countries. They use their "debts" to make "loansharks". This kind of "empty glove" gets "White Wolf" is more hateful than "$0 shopping"! "Quantitative easing" is a "lending policy"! "Printing money" must release "money" in order to "profits"! The Federal Reserve prints a lot of money, uses "quantitative easing" to lend out money, and then uses "high interest rates" to tighten the money back, so that it can "profit" and cut leeks! Now the real question is: what happens if the Fed goes bankrupt, if the European and British central banks go bankrupt? If the Fed and central banks go bankrupt, people will have a better life! Because the "exchange rate" has no impact on ordinary people, the real influence is "the plutocrats who exploit the world's labor force"! Does the "depreciation of the US dollar" have an impact on the American people? The American people are currently "highly indebted" and of course they want "the US dollar to depreciate"! Excuse me! I expose Trump’s lies again! Trump has always emphasized the "strong US dollar", which is killing the American people! "The depreciation of the U.S. dollar" has the greatest impact on "rich people who own U.S. dollar assets"! "Depreciation of the US dollar" real estate will definitely depreciate, but is there any difference if we live in our own house? Of course there is no difference! It doesn’t matter if your own house or real estate depreciates! The real difference is: Those who "speculate on housing prices"! Because the US dollar has depreciated, they cannot "speculate on housing prices"! "The depreciation of the US dollar" has only "benefits" to the American people! "The depreciation of the US dollar" will promote the tourism industry and more and more people can come to spend money. Basically, America is self-sufficient in everything! The United States imports very few raw materials, but exports a lot. The "depreciation of the U.S. dollar" will make those exporters "lose a lot of money"! What does the United States export? "Natural gas", "medicines" and "weapons" are all expensive commodities. The devaluation of the United States will surely kill these unscrupulous merchants! So do you understand why Fed wants to strong US dollar? "Strong US dollar" kills American people! Americans don’t have to worry. We are bound to experience a devaluation of the US dollar, and it will be a super depreciation! Because our debts is too high now, and the world is bound to enter an era of unified currency based on the gold standard! We must shut down the Fed! We must bring down the American plutocrats! These "evil capitalists controlling the world" must end!