Hua Junyao continued, "For the exploited, physical exploitation is inhumane exploitation in which the gain is far less than the effort, sustainable exploitation is the humane exploitation in which the gain is less than or equal to or slightly greater than the effort, and mental exploitation is the exploitation that is willing to accept the gain greater than or far greater than the effort. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

Physical, sustainable, and mental exploitation are all perceptible present-to-present or future-oriented exploitations. Because the capitalist must turn the value of his labor into money before real exploitation can be realized. If the leap from value to money is not realized, the capitalists will also go bankrupt and become exploited. The exploited can become the exploiter, and the exploiter can become the exploited, and the micro-cycle of exploitation and exploitation has always existed. While intellectual exploitation has become very subtle and sophisticated, financial exploitation in the face of the past is even more subtle and sophisticated. ”

"Financial exploitation?" Xiao Chubei said with a frown.

Hua Junyao scratched her head, "How can I tell you this, so that you can understand?"

"You say, you man, I have a smart brain and can understand. Xiao Chubei said with great interest, "If you don't break the casserole and ask to the end, I won't be able to sleep, anyway, there is time." You speak slowly. ”

"Then let's go to the bed in the study, and affect the little girl's sleep here. Hua Junyao pointed in the direction of the study.

"Okay, I'm going to stuff some coal into the boiler and make the house hot. Xiao Chubei got up and got out of bed and said.

Hua Junyao also put on her clothes, folded the quilt, and surrounded her on both sides to prevent her from rolling over and rolling out of bed, and then went to the study diagonally opposite, turned on the incandescent light, and suddenly the room was as bright as day.

Hua Junyao took out a stack of clean white paper and pens from the desk, took off her shoes and went to bed. Xiao Chubei also followed, and the two sat cross-legged facing each other.

Hua Junyao picked up a pen and drew a simple picture on the paper, "Let me briefly talk about the mode of financial exploitation: the hunter hunts 3 hares a day, eats 1 for himself, and sells 2 to merchants at a price of 0.5 grams of gold each. The merchant bought 2 hares a day with 1 gram of gold, ate 1 for himself, and then bought the last 1 hare to the miner for 2 grams of gold. Miners smelt 3 grams of gold every day, buy 1 hare with 2 grams of gold, eat it for themselves, and store 1 gram of gold.

In this simple three-person economic model, 3 hares and 3 grams of gold are exchanged and distributed every day. The result of the exchange and distribution was to eat 1 hare per person per day and store 1 gram of gold per person per day. It can be simply assumed that the value of the daily labor of hunters, merchants, and miners is 1 hare and 1 gram of gold. After 100 days, each person had a reserve of 100 grams of gold.

On a whim, miners pegged paper money to gold, exchanging 1 yuan note for 1 gram of gold. After some lobbying and discussion, the merchant and the hunter agreed. Since then, miners have stopped smelting gold, but have produced paper money. Miners turned bankers. The three-person gold economic model evolved into the three-person banknote economic model: the hunter hunted 3 hares a day, ate 1 for himself, and sold 2 to the merchant at a price of 0.5 yuan each. The merchant bought 2 hares for 1 yuan a day, ate 1 for himself, and then bought the last 1 hare for 2 grams to the miners. Miners issue 3 yuan banknotes every day, use 2 yuan notes to buy 1 hare to eat for themselves, and store 1 yuan banknotes.

It used to be 3 hares and 3 grams of gold per day for exchange and distribution, now there are 3 hares and 3 yuan notes per day for exchange and distribution. Originally, the value of labor per person per day was 1 hare and 1 gram of gold, but now the value of labor per person per day is 1 hare and 1 yuan banknote. If a 1 dollar note could really be exchanged for 1 gram of gold, then the value of the labor of hunters and merchants did not depreciate, and the value of the labor of bankers (formerly miners) was not overvalued. After 100 days, each person had a savings of 100 yuan in notes. ”

Xiao Chubei nodded, as if he had some clarity, "Continue?"

Hua Junyao continued, "At this time, hunters and merchants asked for paper money to be exchanged for gold. However, hunters and merchants had a total of 200 yuan notes, while bankers had only 100 grams of gold. So, the banker announced that 2 yuan notes were exchanged for 1 gram of gold. Hunters and merchants eventually agreed. Thus, the value of the daily labor of hunters and traders for the last 100 days was 1 hare and 0.5 grams of gold. And for the past 200 days, the value of the banker's (formerly miner's) labor was 1 hare and 1.5 yuan bills per day. Hunters and traders do the same thing every day, and what used to be worth 1 hare and 1 gram of gold now only gets 1 hare and 0.5 grams of gold. Bankers (formerly miners) managed to exploit the labor value of 100 grams of gold through inflation caused by the depreciation of paper money. Although the banker (former miner) worked for 200 days and ate 200 hares and owned 300 yuan bills, while the hunter and merchant worked for 200 days and had 200 hares and 150 grams of gold, the value of the banker's (former miner's) exploited labor was indeed 100 grams of gold. For, the result of 200 days of labor for hunters and merchants should have been to eat 200 hares and possess 200 grams of gold.

On a whim, the bankers announced the resumption of the exchange of 1 yuan note for 1 gram of gold. After much more lobbying and negotiation, the bankers finally bought 300 grams of gold from hunters and merchants with 300 yuan notes. Thus, the result of 200 days of labor for a banker is to eat 200 hares and possess 300 grams of gold, while the result of 200 days of labor for a hunter and merchant is to eat 200 hares and possess 150 yuan bills. After another 100 days, hunters and merchants had 250 yuan notes, while bankers announced that they needed 10,000 yuan notes to exchange for 1 gram of gold. Thus, the result of 300 days of labor for a hunter and merchant is to eat 300 hares, and the result of 300 days of labor for a banker is to eat 300 hares and possess 300 grams of gold. According to the three-man gold economic model, the hunter and the merchant should have 300 grams of gold each, but they now don't have a single gram of gold. Although the bankers had only 300 grams of gold in their hands, the bankers succeeded in exploiting the labor value of 600 grams of gold through inflation and deflation due to the depreciation of paper money.

The reality is far more complex than the three-person economic model, but the three-person economic model is a good illustration of how inflation or deflation can quietly exploit the value of labor that all people have created before and think is already their own. ”

"Sure enough, it's still a black bank?" Xiao Chubei sighed.

Hua Junyao said as she wrote on the paper, "Short-term behaviors such as stocks, stock indexes, foreign exchange and futures are all legal acts of "robbery". In a short-term zero-sum game, almost no value is created. Exploitation through the manipulation of stocks, stock indices, foreign exchange and futures, etc., is only an entry-level means of financial exploitation. This is because the rise and fall of stocks, stock indexes, foreign exchange and futures is essentially the depreciation or appreciation of the currency in the hands of buyers and sellers. Financial exploitation of specific groups of people through capital markets is clearly far less effective than financial exploitation of all people through inflation or deflation. ”

"Hey, do you understand?" asked Hua Junyao with an eyebrow.