Since the Second World War, American economic policies have exerted more and more influence on the world economy. It has been described that when Wall Street sneezes, the world economy will catch a cold. U.S. Treasury Secretary Henry Paulson once proudly declared that the United States is already the leader of the global economy!
The United States is a country with the largest debt in the world. Its total debt is as high as nearly 5 trillion dollars, and it can even be said that it is an insolvent country! Why does the world economy catch a cold when Wall Street sneezes? What does the American capital group rely on to play with the world economy? To put it simply, it used to rely on one platform and three tools!
A so-called platform is a developed capital trading market; Three tools, that is, dollars, gold and oil, that is, people describe dollars, gold and black gold!
For quite a long time after World War II, the United States used to implement the economic policy of exchanging US dollars and gold at a certain price. People moved gold from all over the world to the United States in various ways. Storing US dollars meant storing gold. Therefore, all countries and regions in the world with a little economic strength, as well as the IMF, large companies and enterprises, and even wealthy individuals, were bound to store US dollars in the past. After all, it is more convenient to reserve US dollars than gold, which makes the US dollar a hard currency, thus establishing the dominance of the US dollar as the world currency. Therefore, large international capital markets use the US dollar as the settlement currency. Therefore, the United States unscrupulously issued a large number of dollars and dollar bonds. It used the world's financial resources to create wealth for the United States, resulting in a serious flood of dollars and dollar bonds, so that it had to give up the policy of exchanging dollars and gold for an ounce of gold at a certain fixed price. Now, the severity of the flood of dollars and dollar bonds has reached a precarious level for the United States! The United States must pass on the crisis through various means.
First, it should change the long-standing strong dollar policy. Since the end of the 199s, it has passed on the crisis to countries and regions around the world and other people with dollars through the depreciation of the dollar.
Second, it should create worldwide inflation to reduce the risk of financial crisis in the United States. Because the richer the place, the stronger its tolerance for inflation. The more risks can be passed on. It is the usual control method of the United States and international capital groups to create inflation in rich places.
Third, because the United States holds the largest gold reserves in the world, (according to the GFMS Gold Yearbook 26, the comprehensive statistics of the international monetary fund and the central bank website on the gold reserves of all countries in the world show that the United States holds 261.66 million ounces of gold. The second country is Germany: 95.18 million ounces, the European Central Bank: 91.97 million ounces, the International Monetary Fund: 13.44 million ounces, and China ranks eighth: 12.7 million ounces). At the same time, American capital groups directly or indirectly control the advantages of major oil companies in the world, pushing up the prices of oil and gold in the world, so as to enhance their own strength and weaken the strength of other countries. To resolve the increasing probability of financial crisis.
The fourth is to create a small local financial crisis, such as the financial crisis of subprime mortgage, and transfer the crisis to other countries and ordinary people, so as to buffer the possible impact of the big financial crisis. The subprime mortgage in the United States this time, It is a small financial crisis carefully planned by the American capital group to transfer the risk of a major financial crisis to the world. This is a way to buffer the shock wave of a major earthquake with many small earthquakes, that is, to make all countries in the world, especially China, pay for it. Several big banks in China have bought this subprime debt, which has caused direct economic losses. When they sell it to countries and international institutions such as China, how good is it? However, the best investment bank in the United States itself. Now, Treasury Secretary Henry Paulson is the chairman of Goldman Sachs. Is it accidental? Of course, in the crisis caused by the subprime mortgage, many middle-class and lower-class ordinary people in the United States also suffered a lot. < P > So, I said, is it the American capital group that plays with the world economy? Instead of saying that the United States plays with the world economy? Because ordinary people in the United States are also victims of American capital groups playing with the world economy.
Section 2: The world hegemony of the US dollar is the lifeblood of the United States
2. The world hegemony of the US dollar is the lifeblood of the United States
If we stand at a certain historical height, we will see that all the means played by American capital groups are realized through the developed capital trading market. Without the developed capital trading market, It is impossible for American capital groups to play with and control the world economy. Moreover, in-depth research shows that they must defend the status of commodity price settlement currency in the dollar-dominated international capital market at all costs! Because if we lose the position of commodity price settlement currency in the international capital market dominated by the dollar, it means the end of the hegemony of the dollar as the world currency! Even lead to the collapse of the international dollar economic system with the dollar as the commodity settlement currency!
When the pound is tough enough to threaten the status of the dollar; When the Japanese yen is so strong that the Japanese think arrogantly that "Japan can buy the whole United States"; Then, the economies of these countries will be in disaster! Because Britain is too small compared with the United States; And Japan has obviously forgotten that it is still a political Confucianism under the "control" of the United States! The American capital group sent a small Soros to take care of them all!
just imagine: if one day, most countries and regions in the world don't use the US dollar as the reserve currency, and commodity transactions in major international capital markets don't use the US dollar as the settlement currency, and everyone returns the US dollar and US dollar bonds to the United States, will the US dollar still be the dominant currency in the world as it is now? Therefore, in order to defend the hegemony of the dollar in the world, American capital group will certainly do whatever it takes! Examples of this kind are too numerous to mention. Just give an example that everyone knows and is puzzled. Why do Americans hate Saddam Hussein so much because he is a dictator? Do you have to start a war and die quickly? Why did the CIA make a coup to kill Chavez? Although Chavez was lucky to escape because of an accident during the coup, it was because the two of them publicly took the lead in changing the history of using the US dollar as the settlement currency for international oil and changed to the euro as the settlement currency. Because Iraq and Venezuela are both important members of the Organization of Petroleum Exporting Countries, if these two countries take the lead in changing the settlement currency of international oil from US dollars to euros, it may cause a domino effect, many people will follow suit, and many capital markets and financial markets will follow suit, which will inevitably overthrow the hegemony of the US dollar as the world currency. The American capital group will lose its most important tool by playing with and controlling the world economy. It is like a clever magician who loses his props and will accomplish nothing! American capital group has always regarded the developed international capital market as a handy "financial alchemy". They create inflation at one time and deflation at the other, passing on the economic crisis to the world and plundering the world's wealth. And one of the important tools of this "financial alchemy" is the dollar! The importance of the dollar as the world currency is reflected by the fact that most commodity trading markets in the international capital market use the dollar as the settlement currency.
if everyone stops using dollars, the serious crisis inherent in the dollar system will not be passed on to the world. America can no longer play their best "financial alchemy". The huge debt of the United States will melt like an iceberg, the American economy will be ugly like a skull, and the United States will definitely collapse in the near future! Saddam and Chavez want to change the international settlement currency of oil into euro. Are you Saddam and Chavez killing the United States? Kill American Capital Group? You want the life of the United States, the life of the American capital group, then you have to die first! You can check the newspapers a few months before the United States launched the war to overthrow Saddam Hussein's Iraqi regime, and you can see that the urgency of the matter is like burning eyebrows. The two of them have already studied and put this idea into practice in detail. Because of this, the United States wants to kick off its own so-called "world government"-the United Nations, and even hesitate to throw off NATO, its "unreasonable" uncompromising old brother, to launch a name. In recent years, despite the fact that the "weapons of mass destruction" that the CIA originally said were "conclusive" have not been found, even though more than 4, American soldiers and hundreds of thousands of Iraqi civilians have died! At the same time, the White House has invested more than 66 billion US dollars to launch this war. After deducting inflation, this money exceeds the expenditure of the Korean War and the "cost" of the 12-year Vietnam War. Linda Bilms, a professor at Harvard University, and Joseph Stiglitz, a professor at Columbia University, estimated that the budget and actual cost of the war was $2 trillion. However, in the eyes of those who think it is necessary to wage war, it is worthwhile for the fundamental long-term interests of the United States because of the importance of maintaining the hegemony of the US dollar as the world currency! This is the fundamental reason why the United States dares to make such a big war bet.
politics is the concentrated reflection of economy, and war is the extreme expression of politics! This is a typical example of modern warfare.
From this war case, we can see how important it is for the US dollar to defend the status of commodity price settlement currency in the international capital market dominated by the US dollar, how important it is for maintaining the dominance of the US dollar as a world currency, and how important it is for the economic development and survival of the United States!
It is because of the loss of the status of the commodity price settlement currency in the international capital market dominated by the US dollar that the American capital game will come to an end, which means that the end of the American capital market is coming, and it will also announce the end of the era when the United States dominates the world!
Therefore, during the period when the United States is a super military power, the world dominance of the US dollar will continue to be maintained. Because the United States will do everything possible to take all kinds of proper or improper means, create all kinds of excuses, attack other currencies, and weaken the threat of other currencies to its hegemony. For the hegemony of the dollar as the world currency, the United States will do whatever it takes! This is not decided by the American people, but by the American capital groups!
Section 3: Why has oil become a weapon? (1)
3, why has oil become a weapon?
The position of the commodity price settlement currency in the international capital market dominated by the US dollar is of great decisive significance to the dominance of the US dollar in the world currency. We can demonstrate and discuss it from many aspects.
Take an example of oil, which is easier to understand. In the eyes of ordinary people, oil was originally just a simple industrial product and daily necessities. How did it become an "oil weapon" in the hands of American capital groups? Moreover, it is a "weapon" with great lethality to other countries' economies. Because oil is the blood of modern industrial economy.
Nowadays, most people think that President Reagan of the United States set up an imaginary "Star Wars" plan to lure the Soviet Union into an arms race and bring down the Soviet economy. In fact, it's not such a thing at all. The economic war between the United States and the Soviet Union has already started!
The United States and the Soviet Union were two superpowers with equal power. Because oil is settled in US dollars, American capital groups can use their developed capital markets to manipulate world oil prices! In the 196s, the highest exchange rate of the Soviet ruble against the US dollar was 1:2, and then it remained at 1: 1 for quite a long time. Because the Soviet Union was an oil-producing country, the United States used the commodity prices in the world capital market that they manipulated to suppress the international oil price. At that time, the international oil price was always suppressed and kept far below the cost price of oil production in the Soviet Union. At that time, the price of international oil was only 1.3-1.9 dollars per barrel, which is a low-cost oil that people can't expect today. That is to say, the more oil the Soviet Union produces, the greater its losses. The naive and rigid capital and financial market of the Soviet Union was crushed by oil weapons, which hindered the economic development of the Soviet Union from one aspect.
The international gold price is also settled in US dollars. The Soviet Union is also a big producer of gold. In order to deal with the Soviet Union, the United States joined seven major European countries, namely Britain, France, Germany, Italy, Belgium, Switzerland and the Netherlands, and established a "Gold Mutual Fund" in November 1961. The purpose of setting up this institution at the beginning was to clearly suppress the price of gold in the international capital market and take compulsory measures to prevent the price of gold from rising in order to wait for the opportunity. In 1962-1963, the Soviet Union suffered from a grain shortage, which led to a serious national grain panic. As a result, it had to sell a lot of gold on the international market at extremely low prices in exchange for imported rice and other grain to make up for the domestic grain shortage. The amount of gold sold by it has made the world's big financiers stunned and overjoyed! After the Soviet Union dumped a lot of gold from its treasury, the international gold price began to rise sharply, and there was no chance for the Soviet Union to make up for the bargain.
It was precisely because of the policy of the United States and western countries to jointly curb the Soviet economy that the Soviet ruble and its economy completely collapsed in more than 2 years. The ruble depreciated from the original exchange rate of 1: 2 to 5,6: 1. It led to the abolition of the old ruble in the Soviet Union. The economic foundation of the Soviet Union was completely disintegrated, resulting in complaints from the younger brothers in the Soviet Union and Eastern Europe, extremely unstable people's lives, and the cries of complaints and opposition were heard all over the Soviet Union and Eastern Europe. Finally, the disintegration of the Soviet Union and the disintegration of Eastern Europe were inevitable.
this is a great victory for American capital group to use the international capital market with the dollar as the dominant commodity price settlement currency! A war without bloodshed and smoke.
Now, because China has become the world's largest foreign exchange reserve country, which is unexpected for the United States, they are very surprised. Because China has so many foreign exchange reserves, it seems to have stuck the throat of American capital groups. However, China's economic development needs to import oil. However, the international oil price has gone against the past weak trend and soared abnormally. In just over ten years, it has risen from $8/barrel to the highest price of $147/barrel this year. Actually, from $5/barrel. When it rose to $147/barrel, the Organization of Petroleum Exporting Countries (OPEC) repeatedly stressed that the supply and demand of oil in the world were normal and the supply was balanced, and it did not agree to increase production. The price of oil rose because someone was manipulating the price and had nothing to do with the contradiction between supply and demand. Many people of insight in the world know that this is an economic war mainly aimed at China, which is related to China's regard of automobile industry as the pillar industry of national economic development and the large-scale strategic oil reserve being built in China.