With the appreciation of the renminbi, that is, the dollar is constantly depreciating against the renminbi, if Aunt Li saved a sum of dollars eight years ago, the amount will of course be greatly reduced when she wants to change it into renminbi today. Therefore, there is a popular saying in China that the depreciation of the US dollar has caused serious losses to the US dollars held by the people, especially the huge national foreign exchange reserves and the US debt purchased by the government. So far, US foreign reserves and US debt have lost more than 1/3, and lost more than 1 trillion dollars. In this way, the remaining dollars will also become waste paper and be harmed by international conspiracy.
Extended data:
China people feel that in China, the RMB is becoming less and less valuable; In foreign countries, RMB is becoming more and more valuable. The former is about the purchasing power of RMB in China, and the latter is about the exchange rate.
In terms of RMB appreciation, the exchange rate of the US dollar against RMB has increased from 1:8 before 2006 to 1:6.48 now, with an appreciation rate of 20%, especially from 438+00 in June 1965 to 438+0 1 in June 2065.
Baidu Encyclopedia-RMB depreciation internally