Source: Caiwen Yaojian
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31 trillion US dollars!
The United States is really under high debt!
Just now, the latest data released by the US Treasury Department showed that the debt scale of the US federal government has exceeded 31 trillion US dollars, which is equivalent to RMB 220 trillion.
31 trillion US dollars of debt is not only higher than the entire year of GDP in the United States last year, but even if the economic scales of China, Japan, Germany and the United Kingdom are combined, they will not be able to pay back the US debt.
If this huge debt is distributed to the American people, it is equivalent to the debt of each household of $236,000 and the debt of each person of $93,000. If each American household contributes $1,000 a month, it will take 19 years to pay off all debts.
The United States owes so much money, there is no need to be surprised at all. Not to mention anything else, just talk about Biden 's economic relief plan, directly sending money to qualified Americans, looking like helicopters are throwing coins.
only spends money if you don’t work, and you have to borrow money every item. How can this US bond break the sky?
However, the United States owes so much money, they really don’t have much pressure on themselves. There are too many lice, so they can continue to make printing machine suffer, and work overtime to print money.
Yes, print it! Print money!
money printing machine starts, and other countries rely on production to live, and the United States rely on printing money to live, which is so cool!
But the United States is printing money crazy, and these currency floods will not only stay in the domestic market of the United States, it will definitely flow to the world. A large number of countries will face imported inflation. The first thing that is to bear is the surge in the price of commodities such as grain and minerals.
Let’s see, which developed country in the United States and Europe has CPI, either as high as 8, or is thanks to the US dollar flood, which directly leads to the global economy being unable to bear the risk of stagflation and .
America, really hardworking!
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Indeed, all this is like what Connery, the former US Treasury Secretary, once said: "The US dollar is our currency, but it is your trouble."
US dollar is equivalent to a US national credit bond. If you believe in the strength of the United States, it is equivalent to believing in the US dollar.
US dollar hegemony, giving the US dollar a stable and powerful circulation ability to maintain global settlement and exchange rate exchange rate cashing and strong circulation. As long as the US dollar's status as the main settlement currency in global trade remains unshakable, theoretically, no matter what problems arise in the US economy, Federal Reserve can be solved by printing money.
The reason is very simple, because as a strong currency, the US dollar is settled by US dollar. In order to obtain US dollars, everyone can only export materials to the United States.
You should know that through these super-issued dollars, the United States has purchased the production results of working people all over the world, while other countries have more dollars in their hands.
In this way, as long as the US dollar's status as the main settlement currency for global trade remains unshakable, any systemic crisis in the US economy will occur. This crisis can be transmitted to the world through the US dollar, passing the risk pressure to other countries, and making the world pay for the United States.
For example, other countries release water to their own homes, and the living room is flooded, and the whole family has no way to live. The US dollar puts the faucet outside the house, and releases water to the people in the whole village. The water flows so that the village is everywhere, and the whole village has no way to live.
Through these super-issued dollars, the United States has plundered the production results of working people all over the world.
Finally, after the storm, the United States had almost nothing to do, but all countries were in a mess.
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Yuan Dynasty writer Zhang Yanghao wrote a song " Tongguan Ancient " in his later years and said sadly: "Rise, the people suffer; death, the people suffer!"
In fact, the Federal Reserve's repeated releases of water and interest rate hikes , isn't that the same for developing countries ? We can apply Zhang Yanghao's sentence: "The United States lets water flow, the world suffers; the dollar raises interest rates, the world suffers!"
China's earliest economics work, "Guanzi Light and Heavy Chapter" proposes "The currency is heavy and everything is light, and the currency is light and everything is heavy." The two words "little and heavy" describe the scarcity relationship between all things in the world.
After the Federal Reserve releases money, after the American people get the money, part of it will be deposited into the bank, part of it will be used for consumption, and part of it will flow to the world. Therefore, this huge dollar will not only stay in the domestic US market, it will definitely flow to the world.
1. You should know that every time the Federal Reserve raises interest rates and cuts interest rates, for emerging countries, it is actually a cycle of growing wool and shearing wool. If the Federal Reserve issues currencies on a large scale, cuts interest rates, and sells bait, some fish will take the bait, and when the interest rate is raised, some economies will be in trouble.
Greed leads to the emergence of a bubble, and greed leads to the continued expansion of the bubble. When the Federal Reserve raises interest rates, it will directly pierce the currency bubble and the US dollar will flow back to the United States. After the bubble burst, developing countries had no money. After a serious crisis, U.S. financial capital can calmly buy at the bottom of high-quality physical assets .
htmlThe Federal Reserve raised interest rates in the 180s, triggering the fuse of the debt crisis in Latin America. In the 1970s, the United States was monetary easing, and Latin American countries such as Brazilian borrowed a large amount of U.S. bonds. From 1968 to 1973, the average annual growth rate of Brazil's GDP reached more than 10%, which was known as the "Brazil miracle." The interest rate hike broke Brazil's bubble, and Brazil was unable to recover overnight.
htmlThe United States raised interest rates in the late 180s, causing Western Europe to lose 5 years and Japan to lose 15 years.
htmlThe United States raised interest rates in the late 1990s, causing the Asian financial crisis to break out, Southeast Asia, Hong Kong and Japan to collapse, and the national wealth evaporated overnight, with sorrow everywhere and devastated. After working hard for decades, I returned to the liberation before I was in vain. . .
2. Another negative impact of the US crazy printing of money is the depreciation of the US dollar, which drives the depreciation of US debt. This means that countries holding US debt will suffer losses in their US debt assets.
This is because the whole world still needs US dollars to conduct international trade , which is the external circulation of US financial capital, thereby imposing high seigniorage from the world. The United States has been playing with the rogue method of "scissing wool" for many years.
3. Of course, the hegemony of the US dollar has its own dominance and its harm. Over time, the United States will lose its ability to take care of itself and is also destroying its own martial arts.
20 years ago, the United States was still interested in revitalizing industry. Now, since it invented the method of exchanging paper for wealth, it has no idea of working hard at all, and has devoted itself to finance.
The facts in the United States for decades since the internationalization of US dollars have proved this?
If Biden takes office and continues to print money and harvest the whole world, over time, he will inevitably drink poison to quench his thirst. People will become lazy and make the United States a consumer parasitic country.
There will never be anyone in the world who only benefits without losing money. The US dollar can bring benefits to the United States, but it will also cause the United States to decline step by step, and it will definitely decline.
The flowers fall helplessly, and the swallows return as if they were familiar!
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Faced with the inflationary damaging lake caused by its own excessive issuance of currency, the US imperialists have only two ways: either find a big injustice to pass on the crisis, or they can only close their eyes and swallow Xiang.
As expected, since this year, a new round of tactics for cutting leeks in the United States has come again.
The Federal Reserve has raised interest rates five times, with a cumulative interest rate hike of 300 basis points. In September, the Federal Reserve raised interest rates by another 75 basis points, and the federal interest rate has entered the 3-digit head.
And this is just the beginning. Some time ago, Federal Reserve Chairman Powell made another hawkish voice: The Federal Reserve will keep raising interest rates, and Ming Card will push the US CPI to 2%.
When the Fed opens interest rate hikes and balance sheet reduction , the global currency tide will reverse, the world's dollar will flow back to the United States, the pressure on capital outflows in many countries increases, and the economic bubble will be punctured.
If the Fed used to harvest mainly the peripheral countries, now it has become cruel and even the country's closest allies have been cut.
This time, the one who was fleeing the most by the United States was the United Kingdom and other European countries that were shrouded in the dark clouds of war!
But the Federal Reserve also knows that if it cannot slap the wool of a mysterious Eastern power, then the inflated US dollars, the bursting of the biggest bubble of mankind in the 21st century is just a matter of time!
Look at Biden's previous rush to and frantically ran around East Asia, frantically lobbying South Korea and Japan to join the Indo-Pacific economic framework . If you want to do chip4, you will know how much he wants to mess up the water in East Asia, harvest cheap chips, and absorb enough blood!
So, now is the most time to test strategic determination. What we need to do is to "intercept the beard" so that it cannot absorb enough blood. It has a strong desire for blood. It is a star-sucking method and is obsessed with it!
As long as we hold on, we will never let the United States suck enough blood and avoid being cut by Wall Street . Then if the Federal Reserve continues to raise interest rates so violently, and does not detonate the United States itself, it will also damage its vitality, castrate itself helplessly, and lose a lot of losses!
And for ordinary people, when the Fed is raising interest rates and sucking blood, the only thing we need to do is to live well and actively create wealth:
1. Don’t resign;
2. Don’t borrow money;
2. Don’t borrow money;
3. Hoard stocks for spare money;
4. Ensure the family’s three-year cash reserve or cash flow ;
5. Exercise, watch the flowers bloom and fall in front of the courtyard, lie down and rest, and look at the clouds rolling and unfolding outside the sky.
You must believe that China's national destiny is in a rising period, and the time and momentum are on our side. From a medium- and long-term perspective, you can be fully confident in the future.
Those who are good at fighting have never had any great achievements.
Still the same sentence: Govern the country with righteousness, use strange troops, and win the world with nothing to do.
Statement: This article is reprinted
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