The reasons behind the recent rise in domestic prices

You make money in the stock market, and you make money in the property market. Please don't be happy yet, you are just digging a hole for yourself. To put it bluntly, you are your gravedigger. We all hope to have money, but money is relative and the most unreliable. During the financial crisis in Southeast Asia, how many people cried and shouted to sell their own currencies and exchange them for US dollars. So you made money today, and you were just enjoying the pleasure of ecstasy. Let’s think about how to cooperate with the country and do something to preserve the fruits of victory. The US financial war has already started, and China is in a difficult situation! Nowadays, many Chinese people are very concerned about the topic of RMB appreciation, but they do not understand the real intention of the United States to force the RMB to appreciate. Now I would like to express my personal opinion on this! I believe everyone is familiar with the "Japanese Economic Recession" in the 1980s, the "Asian Financial Crisis" in the 1990s, and the "Hong Kong Financial Defense War in Hong Kong"! Some people may say that it was done by the international speculative group "American Soros Consortium", but have you never thought that there is no support from the US government behind it? Below, I will carefully analyze the causes and consequences of these events and you will understand. Starting from 1980, especially from 1990 to 1995, what was the GDP gap between the United States, which ranked first, and Japan, which ranked second? Japan's GDP is more than half of the United States' GDP! This is the only time so far that the economic gap between other countries and the United States has narrowed to half. The Japanese are cheering: As long as it exceeds the GDP of the United States, Japan can return to a "normal country"! The Americans remained silent. Logically speaking, Japan is still an ally of the United States, and its economy is supported by the United States. There is no need for the United States to split Japan (it would have split during World War II, and there was no need to wait until the 1980s and 1990s). It is also impossible for the United States to use "subversive incitement" against its ally Japan. Seeing that the United States cannot block Japan's economic development prospects! Countries around the world are excitedly looking forward to the "historic moment" when Japan's GDP exceeds that of the United States! Japanese companies are even more crazy, and Rockefeller Plaza, a symbol of the American economy, was bought by the Japanese! Hollywood, the spiritual symbol of America, was bought by the Japanese! The mood of the American people suddenly hit rock bottom. "The world's number one" is almost gone! The American people's sense of glory has declined sharply, and anti-Japanese sentiment has begun to spread among the people. In 1980, Japan's GDP was almost half that of the United States. One thing happened in 1985. In 1985, the United States enlisted the other five countries (G7) to force Japan to sign. Use "administrative measures" to force the yen to appreciate. In fact, one of the central ideas is that the Bank of Japan must not "excessively" intervene in the foreign exchange market. At that time, Japan had sufficient US dollar foreign exchange reserves on hand. If the Bank of Japan intervened, the yen would not appreciate in value. It's a pity that Japan is an emasculated eunuch. The U.S. military garrison, political infiltration, and even the constitution were all tailor-made for it by the Americans. It is impossible not to sign the Plaza Accord. Everyone knows the final outcome of Japan. From the Plaza Accord in September 1985 to early 1988, the United States demanded an appreciation of the yen. According to the agreement, the yen was pushed up, and the exchange rate of yen against the US dollar rose from 240 yen per US dollar before the agreement to 160 yen per US dollar in May 1986. As the Reagan administration in the United States insisted that the appreciation of the yen was still insufficient, it continued to push up the yen through verbal intervention and other forms. In this way, by the beginning of 1988, the exchange rate of the yen against the US dollar further rose to 120 yen per US dollar, which was exactly double the exchange rate before the Plaza Accord. Are Americans satisfied? No. Moving on, from February 1993 to April 1995, Bates, then Treasury Secretary of the Clinton administration, made it clear that in order to correct the imbalance in Japan-U.S. trade, a 20% appreciation of the yen was needed. The yen exchange rate at that time It is roughly around 120 yen per U.S. dollar. Therefore, according to the induction target of the US government, the Japanese yen market quickly rose to 100 yen per U.S. dollar. Later, the Clinton administration adopted a relatively strict attitude towards Japan-US economic relations centered on automobile friction. By April 1995, the yen's exchange rate soared to 79 yen per U.S. dollar, setting a record high. What are the consequences of the appreciation of the yen? Rockefeller Plaza is back in American hands, and General Motors made a net profit of $400 million from the sale and purchase of the plaza! Japanese capital exited the United States at massive losses while struggling to survive. The American people have won! Successfully repelled Japan's economic attack! We can see from the example that after 1995, the gap between the GDP ratios of Japan and the United States has widened again, and it is getting bigger and bigger! Maybe some netizens still don’t understand, what’s wrong with the appreciation of the yen? What does it have to do with what we're talking about? The appreciation of the yen is an economic blockade by the United States against Japan! It has successfully transferred Japan's development wealth of more than 20 years to the United States.

Let me give you an example so that everyone will understand.

Suppose I am an American consortium. Of course I know what will happen in 1985. Suppose I am in 1983. I exchange 10 billion U.S. dollars for 2.4 trillion yen, enter the Japanese market, and purchase Japanese stocks and real estate. The booming Japanese economy caused the stock market and real estate to rise like crazy. In 1985, the Plaza Accord was signed, and the yen began to appreciate. By the beginning of 1988, I assumed that I had doubled my income from the stock market and real estate (doubling in five years is the minimum assumption). , that is 4.8 trillion yen. At this time, the yen appreciated to 1:120.

If I sell off all Japanese real estate and stocks in one year, and then convert them back into US dollars, then it will be 40 billion US dollars! In 5 years, I made a net profit of $30 billion! (Still the lowest assumption). What about Japan? The sudden departure of huge amounts of foreign capital led to the collapse of the Japanese economy! The term used in economics is "bubble economy bursting". This is what Japan often calls: "the lost decade." And I returned to the United States with $40 billion in capital and profits. Think about it, can the U.S. economy not be strong? ! ! Japan's "lost decade" was actually the United States' "prosperous decade"! Just look at my chart above. I am only talking about one of the American consortiums. What about other consortiums? Hehe, and my assumption is only until 1988. If it is 1995 and the yen appreciates to 1:79, can you and I imagine how much wealth the United States has stolen from Japan in its victory in this economic war? The United States has made enough money, the Japanese yen is now back at 1:140, and the U.S. dollar is still as strong as it was 30 years ago! The temporary depreciation of the US dollar has not damaged the international status of the US dollar. This economic war between the United States and Japan ended with a complete victory for the United States! ! Americans are addicted to playing. In 1998, the same trick happened again to the Four Little Dragons and Tigers in Southeast Asia. This was the Asian Financial Crisis! The only difference is that this time there is no need for the Plaza Accord. Because if the foreign exchange reserves of these little tigers and dragons in Asia are directly blocked, they can win a big victory! However, it still failed to defeat the United States, which has a wealthy, powerful military and pursues hegemonism. Everyone has seen the outcome. Southeast Asian currencies first rose and then fell, and the fruits of economic development were robbed by the United States! ! The only market that has withstood Soros's attack without economic collapse is Hong Kong after the handover, which has preserved the fruits of Hong Kong's development over the past few decades. At that time, Soros mobilized world public opinion (including public opinion in Hong Kong) and vigorously attacked the Hong Kong government (Chinese government) for "administrative interference in the market", which violated the rules of the market economy and lacked democratic freedoms. If China had succumbed to the pressure of world public opinion and failed to use "macro-control" "Intervening in the market will lead to a catastrophe, and I don't know how many Chinese people will commit suicide due to bankruptcy like Japan did back then!

At that time, Tsang Yam-kuen later said: "The night before the government decided to intervene in the market, I sat on the bedside and cried, not for myself, but because I was afraid that if this decision was wrong, it would harm Hong Kong. How should I explain this to the central government and the citizens? Now you know why the United States repeatedly demands "freedom of the press," "market economy," and "democracy and human rights" from other countries. It is based on its own interests. You know our country's "macro-control." "The correctness and advantages of the policy lie in it. Has the United States stopped? No, because the growth of our comprehensive power and the enhancement of our national power have threatened the fundamental interests of the United States and the authority of "the world's number one". Recently, "China has publicly supported Annan, who is in trouble due to his son's scandal, and accused the United States of deliberately using the issue to attack his life." That is. The best proof. Therefore, the United States is not happy and wants to punish them. Now forcing the RMB to appreciate is the first step to weaken China. Do you understand? Do you know why the central government suddenly suppressed the real estate markets in Shanghai and Beijing? Do you know why the Chinese stock market is so miserable? Zhou Xiaochuan, governor of the Central Bank, said one thing in March or April: "There is a US$4 billion foreign capital speculating in real estate in Shanghai, and it has already withdrawn from China. It's okay not to want such foreign capital!" Do you understand? The Chinese stock market is a weak stock market and can easily be exploited by U.S. consortiums.

It is impossible for the central government to relax its control over the stock market, otherwise the Chinese economy will collapse under the attack of foreign capital! Some time ago, in early December this year, another US$24 billion foreign-funded consortium left Shanghai, China. Now, everyone understands the advantages of the country's macro-control, and knows how wise and timely it is for the country to issue so many policies for real estate! Now you know why China has to implement national foreign exchange controls, exchange rate controls, suppress real estate, control the stock market, why China has to maintain huge foreign exchange reserves, why the central bank has recently introduced new real estate loan regulations, and why the Chinese government has always required a balance in import and export trade. , why we need to expand the Southeast Asian trade market and the EU market, and why we need to join the WTO.

In fact, the economic war between China and the United States has already begun, and hundreds of moves have been made back and forth. Most of our netizens are still ignorant and only focus on the Taiwan Strait and the addition of another military base for the US military in Central Asia. We must know that the disaster of economic collapse is far more serious than the consequences of a military war. There are no more than two types of military wars: "war of aggression" and "war of patriotism". The ultimate goal of a military "war of aggression" is to defeat the other party's everything (military and economic strength) to occupy the other party's territory, plunder resources, control, enslave and exploit the other party's citizens.

[Reposted from Iron Blood Community / ]

This kind of thing happened often in Chinese history, so I won’t cite examples here. Today's United States uses military aggression as a means to achieve the true intention of enslaving and exploiting the other party (for weak countries). If you look at today's "Iraq", you will understand that the United States is actually invading. It occupied Iraq and controlled Iraq's oil to meet the huge domestic demand of the United States; as for the powerful former Soviet Union (the former Soviet Union had the nuclear power to defeat the enemy), the United States could only launch an economic attack to bring them down. , the split of the Soviet Union is the best example.

Some people may say that it was the arms race during the Cold War and the Soviet domestic policies at that time that led to the disintegration of the former Soviet Union due to economic collapse. However, have you ever thought that an arms race is based on economic strength. At that time, the economic strength of the United States was stronger than that of the Soviet Union, so the United States won and the Soviet Union collapsed. Now it's our turn. Our country's current economic and military strength are not as strong as the Soviet Union during the Cold War. The same thing is that our country also has nuclear weapons that can destroy the United States, but the number is slightly smaller. In this round, it depends on the wisdom of our country's leaders. Establishing reasonable policies to avoid risks and protect ourselves is a top priority (the good news is that our country is already doing this).

However, the United States has not been idle. Moreover, as the first step in their economic offensive, they have already taken an early step to acquire China's "Xuzhou" from global speculative consortiums such as the American "Carlyle Group". "Heavy Industry" has happened a lot, so I won't list them all here. Their purpose is very clear, to control China's core technology and establish a global technology monopoly. At the same time, the use of U.S. dollars to arbitrage RMB before the exchange rate changed forced the People's Bank of China to issue a large amount of RMB to meet the large demand for currency exchange, paving the way for the collapse of the Chinese economy. This is still an open entry, and it is even more difficult to count the secret entry.

Having said that, many people may not understand what the exchange of large amounts of U.S. dollars for RMB has to do with bringing down the Chinese economy. Here, let me explain: Under normal circumstances, before a large number of American consortiums maliciously pour into China to exchange large amounts of US dollars for RMB, our country's economic form is relatively stable, and the amount of RMB issued by our country should be equal to the amount of wealth accumulated by our people. .

And a large amount of funds from malicious foreign consortiums poured into China, which required a large amount of RMB to be exchanged, causing the amount of domestic RMB in circulation to greatly exceed the amount of wealth accumulated by our people. All these RMB are invested in a few areas. On the surface, it stimulates our country's economy and increases domestic consumption. In fact, it also causes asset prices to rise significantly. According to statistics, the current investment in the international financial market is 136 trillion US dollars. As long as 1% of this amount, or 1.36 trillion U.S. dollars, flows into China for speculation, based on the current exchange rate, our country will issue 10.6 trillion yuan. If the RMB appreciates by 15%, and they use the RMB on hand to borrow US dollars, they will get back US$1.56 trillion, while China’s foreign exchange reserves are US$0.2 trillion, which means that with one inflow and one outflow, these investment funds will increase by 200 billion. U.S. dollars, but not a penny of the 200 billion U.S. dollars that China has earned from working as a sweatshop for so many years is in the national treasury. What is left to China is the 10.6 trillion yuan that was originally issued to cope with the 1.36 trillion U.S. dollars. In 2006, China's GDP was 20 trillion yuan. There were so many items, but there were 10.6 trillion yuan more money. This means that all goods must be discounted to 2/3 of their original value. Panic will spread throughout society, and property speculators may sell their houses at 30%, 40%, or even 30% off in order to realize cash. A large number of citizens went bankrupt, involving bank failures, the entire country's economy collapsed, and the wealth in our hands was worthless. At that time, the Chinese people and even the world will lose confidence in China and will no longer reserve, use or even sell the RMB reserves in hand, which will set back China's foreign trade activities, eventually leading to inflation in China, a credibility crisis externally, and a financial crisis. Just like the inflation in the 1940s, a box of matches cost several hundred yuan. If our government makes a wrong decision on the RMB exchange rate this time, then the economic achievements of China's nearly 30 years of reform and opening up may fall into the hands of others. Recently, judging from the domestic economic situation, objectively speaking, the situation is not optimistic. It stands to reason that the RMB has appreciated, which means that money has become more valuable. Things that cost 1 yuan in the past can now be bought for 9 cents or even 8 cents. However, in the current domestic situation, except for wages, everything else has increased. .

Xinhuanet reported that since August 2006, the price of edible oil in the Beijing market has fluctuated and risen. Entering November, the prices of rice, noodles, vegetables and non-staple food have all increased to varying degrees. Reports believe that rising prices in the international soybean market have led to an increase in edible oil prices. However, rice and noodles followed suit and rose, with 25 kilograms of Fuqiang powder rising by more than 12%, and 500 grams of rice rising by 6 cents. It is understood that in Shanghai, Guangzhou, and Shenzhen, daily necessities such as grain and oil have risen again, and this has lasted for more than a month. Among them, the highest increases of flour and edible oil have reached 10% and 20% respectively.

[Reposted from Tiexue Community /]

The increase in prices of agricultural and sideline products shows that our country’s economy is developing and improving. At the same time, increasing the price of agricultural and sideline products will increase farmers' income, maintain social stability, and provide a good domestic environment for the country's development, which is beneficial to the country's development, because after all, the number of Chinese farmers accounts for the total population. The proportion is more than 70%. However, the price increases of daily necessities in these four major cities in China are no accident. Macroeconomic control that lasted for more than seven months did not stabilize housing prices. On the contrary, it led to rising housing prices. Economists have long warned that real estate bubbles will lead to inflation, and inflation will trigger an economic crisis. However, this voice is too weak, and today there are various signs that inflation is approaching us step by step.

Comparing Tokyo in 1996, Hong Kong in 1997, Beijing, Shanghai, Guangzhou, and Shenzhen, the four major cities with high housing prices, signs of the real estate bubble bursting have already appeared. Local governments that try to continue to drive up housing prices for their own personal gain will face ruthless punishment from economic laws. Because this round of inflation was launched without warning, it may not have been officially recognized yet, but it has actually arrived. This budding inflation chose the best time to cause an economic crisis - before New Year's Day and Spring Festival in 2007. Therefore, it is more harmful and destructive. If one day the price of instant noodles starts to rise, the economic crisis will be unstoppable. The successive and comprehensive price increases of firewood, rice, oil, salt, water, electricity, oil and gas will not have any impact on the normal life of China's wealthy class, but millions of ordinary citizens will have to pay more wealth to maintain the same living standards as before. In other words, China's high housing prices are indirectly paid for by ordinary urban residents. It took Japanese citizens 15 years and Hong Kong citizens 14 years. So, how many years does it take for Chinese city dwellers? To deal with the coming inflation, the country naturally has financial means. However, China's RMB has been attacked by the US dollar in the international market and has appreciated by 5% within a year. Moreover, there is still room for continued appreciation. China's trade surplus will gradually shrink as the RMB appreciates, and risks in the international market have intensified. The overall price increase of daily necessities in the domestic market will directly affect consumption. Finally, the central bank was forced to increase the issuance of RMB, and inflation broke out in China. Such a crisis may also be around the corner. The RMB's current encounter in the international currency market is unprecedented since China's exchange rate reform. We already know what the United States is going to do? However, it is still up to us to solve the problems in the international market, and the RMB is such an embarrassment domestically. Driven by the increase in real estate prices, the prices of daily necessities have increased across the board, forming two very different markets, international and domestic. In a sense, such a market will lead to excessive speculation of capital. To put it bluntly, internally it will intensify the polarization between rich and poor in Chinese society, and externally it will give opportunities for capital predators to take advantage of. If analyzed at a deeper level, the RMB seems to be under siege from different aspects, trying to gradually erode China's economic development achievements in the past 30 years. Next, the increase in daily necessities will further intensify, citizens' purchasing power will further decline, the domestic market will further shrink, and China's production capacity will further become overcapacity. Finally, it will inevitably lead to the bankruptcy of a large number of small and medium-sized enterprises, and the economic crisis will come soon.

To truly resolve this crisis, in view of the current economic situation, we must further increase the intensity of macro-control, straighten out the management system of the real estate market, and take effective measures to resolutely lower housing prices and allow cities to Residents feel the power of China's economy as housing prices fall, thereby increasing their confidence in the future. Perhaps this is the most important thing to do now, even though some superficial work has already been done. We must clearly see the dangers of high housing prices, especially the unprecedented damage to Chinese society. Maybe there is no need to be too pessimistic now, everything should turn around. Everyone knows that major problems have occurred in China's economy. It is like a high-speed train with an obvious malfunction. It is roaring forward without knowing when it will derail or overturn. Some economists predict that China's economy will have a hard landing in 2008, and social unrest will be inevitable by then.

So, there is such a big problem, and what is the crux of the problem?

Ma Xiaohe, an expert from the National Development and Reform Commission, pointed out: my country is evolving from excess in one aspect to overall excess. Due to overcapacity and sluggish domestic demand, Chinese products are forced to be exported, which has led to a lot of trade frictions and the risk of over-reliance on the international market. Ma Xiaohe gave an example: The Chinese have provided a pair of shoes to everyone in the world, which shows how much excess shoe production capacity there is. On November 23, 2006, Su Ning, deputy governor of the People's Bank of China, also stated that China's final consumption as a share of GDP has dropped from more than 62% in the 1980s to 52.1% in 2005, and the household consumption rate has also dropped from 48.8% in 1991 to 2005. 38.2% in 2016, both reaching historically low levels. While the consumption rate of Chinese residents continues to decline, the world's average consumption rate reaches 78%-79%. In comparison, the difference is as big as the sky and the earth. The two above, one is a macroeconomic expert and the other is a financial authority, pointed out the same problem, which is overcapacity due to weak domestic demand. Once major risks arise in the international market, China will have Thousands of industrial companies face existential risks.

Let’s take a look at what drives China’s rapid economic growth in recent years: If we look at the overall situation of China’s economy, we can find that the first is investment, the second is consumption, and the third is consumption. Exports can be said to be a "troika" that keeps pace with each other. However, in my country's practice, it is "emphasis on investment, emphasis on exports, and light on consumption." This is the symptom of the problem.

Why do the Chinese "emphasis on investment, emphasis on exports, and light consumption"? It is common knowledge in economics that consumption is productivity, and without consumption there is no productivity. However, in the layout of macroeconomic development, Marx's theory of surplus value is not even taken into account?

[Reposted from Tiexue Community/]

If you analyze it carefully, you will find very interesting phenomena: First, local governments invest heavily, and in the past few years, they have been experiencing a boom in "development zones" , then came the "infrastructure" boom, and then came the current "real estate" boom; second, the export of heavy industrial products by large and medium-sized enterprises. Whether they are listed companies or private enterprises, as long as they have formed a production scale, they have set their sights on the international market. From cars, home appliances, to shoes, socks, lighters, and brain exports. As far as the "investment" craze is concerned, high housing prices have taken away the wealth of ordinary people and even two generations, and another generation has been saddled with heavy debts; as far as the "export" craze is concerned, the trade surplus continues to intensify and trade frictions continue to increase. There is increasing pressure for RMB appreciation.

Some economists have analyzed that the RMB has appreciated by 5% since the exchange rate reform. The current situation is that it is likely to appreciate by 5% in 2007 alone, which is equivalent to the total appreciation in the past 10 years. So what are the consequences of this? Many economists are secretive, but I can boldly tell you that the consequence is that a large amount of RMB will flow out of the country through different channels, and international money laundering forces will take the opportunity to intervene, and even launder the money of corrupt Chinese officials. It can be said that before 2007, we only heard about foreigners coming to China to launder money. This situation will also change. Chinese people are finally going abroad to launder money. To dig deeper, the wealth created by the Chinese people has been quietly "stolen" by others. Mr. Ma Xiaohe, an expert from the National Development and Reform Commission, looked at how to solve the problem of overcapacity. In fact, it is very simple. The solution to overcapacity is to stimulate consumption, and the only way to stimulate consumption is to lower housing prices. If housing prices do not drop, Chinese people's expectations for the future will inevitably create greater pressure and they will not dare to spend. Some will become house slaves and have no money to spend. Mr. Ma Xiaohe said that the utilization rate of half of China's industrial products is less than 50%. Therefore, in order to reduce risks, domestic demand must be expanded. And how can domestic demand be expanded? The consumption rate of Chinese residents is 38.2%, and the world's average consumption rate is 78%-79%. The average house price-to-income ratio of Chinese residents is one to ten, and the world's average house price to income ratio is one to five. Comparing the two, the crux of China's economic problems is exposed. It is the ridiculously high housing prices that have wiped out the wealth of Chinese residents. What else are they using for consumption? So the consumption rate of Chinese people has hit a record low. Some experts predict that every one-point decline in China's housing prices will increase the market's consumption by more than 10 billion a year, and China's housing prices have room for at least a 30% decline from the comprehensive average price in the first three quarters of 2006. That is to say , as long as China's housing prices drop by 30%, the Chinese market will increase total consumption by 300 billion a year, China's economic problems will be solved, and the Chinese people will be able to live a good life from now on. On the contrary, if our country's leaders cannot control this situation in their decision-making, our country's economy will collapse. We all know how bad the international environment we are currently in is. Faced with the current complex international situation, China must have the ability to win two wars, one is a military war and the other is an economic war. It is very common in human history to use war to seize the wealth of other countries. It can still be seen even today in the 21st century. In order to protect the lives and property of the Chinese people and the possible outbreak of military conflicts, China must build a strong army, a strong navy, a strong air force and a strong space force (space force).

As mankind enters the 21st century, whoever occupies the commanding heights of space will take the initiative in future wars. Any idea of ??demilitarizing space can only be a pipe dream! The saint said it well: Those who fall behind will be beaten! Only when China has the strength to completely destroy its opponents will others dare not bully China. At the same time, as mankind enters the 21st century, due to the globalization of international exchanges and trade, a new war, economic war, has replaced military war and become the main means for some people in the world to seize the property of others. The financial crisis in Southeast Asia in 1997 is an example of economic war. The economies of backward Southeast Asian countries have been hit hard. International financial speculators have used economic means to achieve goals that in the past could only be achieved through war.

In the somewhat later Hong Kong financial defense war, then Hong Kong Chief Secretary Donald Tsang and Financial Secretary Yam Chi-kang, with the support of the Chinese central government, used a large amount of foreign exchange reserves to intervene in Hong Kong's financial crisis. stock market. The Chinese central government sent two deputy governors of the central bank to Hong Kong and asked all Chinese-funded institutions in Hong Kong to fully support the Hong Kong government's support actions. After several months of struggle, the Hong Kong government successfully repelled the attempts of international financial speculators to use Hong Kong as a cash machine. The struggle at that time was very fierce. If the Hong Kong Hang Seng Index moved by 1 point, the difference in futures buying and selling would be HK$230 million. Although the Hong Kong Financial Defense War has been going on for many years, I have been thinking, without the backing of a powerful China, would there be a possibility of the "Eight-Nation Alliance" attacking Hong Kong? After all, the Hong Kong government's intervention in the Hong Kong stock market violates the "rules" of today's mainstream international society.

China Aviation Oil (Singapore) lost US$500 million in the international oil futures market and a Chinese State-owned Assets Supervision and Administration Commission employee's investment in London was once again lost during the same period, which shows that China still has a lot to learn in the financial market.

As far as oil is concerned, China now spends tens of billions of dollars more every year. Now, whatever China needs, the international commodity market will rise. It can be said that "I will rob you without negotiation."

However, the price of oil and other commodities is not the most serious harm to the Chinese economy. What may really cause serious harm to China's economy is the RMB exchange rate system and the rising real estate market. I always feel that someone wants to use the RMB exchange rate as a breakthrough to bring down China's economy and seize the economic achievements of the Chinese people. From the cries for RMB appreciation and free floating, I seem to smell the gunpowder of military war. Now there is a saying that sounds better than it sounds, which is to let the RMB exchange rate float freely and let the market decide it. Is the market determined by ghosts? Let the market decide, which sounds fair and everyone has the right. But if you analyze it carefully, is there any market in the world that is not dominated by a few people? Let the RMB exchange rate be determined by the market. To put it bluntly, it is decided by them.

[Reposted from Jagged Community /]

The Chinese government and people must not forget the financial crisis in Southeast Asia in 1997. A considerable part of foreign investment now is an ambush. They are waiting for the United States to knock down China's door (the RMB exchange rate is free to float), raise the RMB to the sky, and make huge profits. In short, China must build a strong army, a strong navy, a strong air force and a strong space force (space force) with the spirit of not being afraid of hardship and death to cope with possible military wars. At the same time, China must build a financial "iron army" that loves the country, has an international vision, and is proficient in the rules of international competition to cope with economic wars.

Only in this way can China's security and people's wealth be protected! Chinese people who want to live a good life without going bankrupt should read this article! Chinese people who want to live a good life without going bankrupt should read this article! ! Chinese people who want to live a good life without going bankrupt should read this article! ! ! And I hope that the majority of netizens will forward the article to their friends, and hope that the obsessed Chinese people will wake up as soon as possible! ! !