Punch deceived a lot of people in Canada, this guy made a lot of money, and among these individuals who were deceived, at the beginning, they were mainly white people from the Pacific Empire, and then it was very extensive, and there were a lot of rich people in Canada.

People are stupid and have a lot of money......

It's just that now, this timber investment is over, and the Ponchi's scam has naturally collapsed, it's very simple, he didn't invest in any timber at all, he just took the money he flickered in, and then, took out part of the money and returned it to that guy, that's all, as for that time......

There's always a new stupid guy getting scammed, it's that simple.

Now, the deception is worn, so this thing ...... The people in Canada want to burn Pang Qi or hang him, this is their own taste, but from this incident, we can see a lot of international situations......

Why are commodities falling? How did wood and other things fall?

In fact, there were signs of this a few years ago.

After the Pacific Empire started to export this currency, after all, this is exporting money, and this money is very valuable, so this money, not to mention anything else, will definitely produce some bubbles!

By the way, in fact, it is impossible for a bubble to disappear, as long as there is a social economic action, then there will be a bubble, and many economists actually believe that there is nothing wrong with a little bubble.

At that time, the situation in the world was like this, the Pacific Empire made a monetary export, and at this time, the whole economic state was benign.

That's what economists think, a good bubble, which is going to boost the economy, and that's good. It's really, really good.

However, this benign bubble, it has been with the currency output of the Pacific Empire, this bubble, is it going to get bigger, bigger and bigger!

But in fact. If we can achieve a fairly reasonable social distribution and make the asset bubble reasonable, it is real estate, stocks, and even commodities, which are relatively reasonable, even if they all rise, but everyone still thinks that it is okay, not particularly expensive. That's fine.

However, this situation does not exist now!

If nothing else, right now, is there a property tax in the world?

Is there a tax on real estate and personal property?

Not at all, because the whole world at this time is the economic form of capitalism, the core of capitalism. And what is the fundamental significance?

That's the protection of personal property rights!

All successful countries, they do one thing in common. It is to protect the personal property rights of citizens, so how can it be possible to tax these personal properties?

No way!

Moreover, in addition to public-private partnerships such as the Pacific Empire, and Li Mengyang's guy has created a series of institutions, such as organizations established by members of the Civic Party. One is called the National Development and Reform Commission, the other is called the State-owned Assets Supervision and Administration Commission, and the other is called Social Insurance...... Well, who this guy learned, then needless to say. It's strange that he doesn't learn.

Of course, these organizations only appeared after the war, because there was too much money at that time. And these organizations, they play a key role in many economic activities, such as public-private partnerships...... And this money, in fact, has been controlled and allocated by these organizations, and finally returned to the hands of all the people.

In fact, this is what a large organization did later, but many people don't know it, because everyone doesn't feel it, it should be said that from this point of view, it is really communism, really. It's just that a lot of welfare, everyone can't feel it, such as large-scale infrastructure construction, in fact, this kind of construction is to reduce the cost of living of the whole society, this is actually welfare, but many people can't feel it, for example, the era when Li Mengyang lived, Europe was very old, but many Chinese people still envy the classics of other people's lives? Have you ever been a literary artist?

And the Pacific Empire is not doing these things, a lot of infrastructure construction, what Li Mengyang is doing now, of course, is to directly copy down, because this thing is very good.

In fact, fundamentally speaking, Li Mengyang adheres to that principle, he does not allow capitalists to make money, he allows it, but on the basis of this permission, you also have to take responsibility!

It's just that when it comes to the actual operation of making capitalists take responsibility, Li Mengyang absolutely does not believe that capitalists will take the initiative to take this responsibility, so he uses a series of means......

You don't have to, I'll do it for you, right? How nice is that!

That's why there are people like JP Morgan who feel uncomfortable, of course they are uncomfortable, and it's strange that they can be comfortable because they make less money!

At this time, other countries did not have such means, and they didn't think of this at all!

So, what is the result?

That is the inequality between the rich and the poor, social division!

In fact, this is a drawback inherent in capitalism, which cannot be avoided in a capitalist society, and there is no way to avoid it at all!

Because, the protection of individual property rights will definitely cause this result, which is inevitable, because there will be inevitable, and this inequality is still the social value of capitalism, that is, you have to catch up with the rich people in front of you, so there is no way, there is no way at all.

So, when the Pacific Empire exports its currency to Europe, and Europe is a completely capitalist society, well, Germany and the Soviets are excluded here, but the rest of the countries, what happens to them?

That's right, it is true that some countries have a bad attitude towards these new Tang dollars, but this currency is hard currency, and this thing really has purchasing power, so even if some countries do not reserve the new Tang yuan themselves, but what about the common people? What about the capitalists?

There will inevitably be, and there will inevitably be a large amount of money flowing into the pockets of the capitalists!

Let's put it this way, when capitalists make money, they must earn more than ordinary people by working, and they earn more and more, because the capital is getting bigger and bigger, then it is easy to form a snowball situation. This leads to the convergence of currencies.

As a result, there is a strange phenomenon in Europe, where the amount of money increases, but the distribution is very uneven, those who have money are getting richer and richer, and those who have no money are getting less and less...... All right. In fact, those who have no money are not without money, but even if their income does not fall, because the overall amount of money in the society increases, then the price will definitely rise, so even if the income does not fall, they will feel more and more moneyless.

But to talk about this situation, this is also the norm, capitalism is like this. It's been hundreds of years, and if you can't hold on, you will fall once, and then everyone will come again, wasn't there a regular economic crisis before?

From 1860 to the present, it seems like once every few years.

But this time it's different!

200 bills!

Well, didn't Li Mengyang listen to Keynes's advice to increase the money supply?

So. The amount of money in the market is simply crazy. All of a sudden......

The boss of the bubble being blown is the boss!

Of course, the root cause of this bubble is still the problem of capitalism, and the protection of individual property rights is like this, which is inevitably unevenly distributed, but the capitalists may do good deeds. But it's impossible for them to take out their money and divide it equally, it's absolutely impossible.

As a result, those who have money are richer, and those who have no money are even less rich, and this trend is constantly intensifying. What's even worse is that it is difficult for those who have no money to turn over, and the class is even more solidified.

But though, what will these rich people do with their money?

There may be sporadic charity, but more capitalists......

Speculation in houses, land raiding, stocks, futures......

Yes, go to fry, keep frying, you have to fry!

Capital is profit-seeking, even these capitalists, these rich people, they can realize that unequal social distribution will cause bad results, but can they do a good distribution?

Not at all, and even at this time, there is no way to deal with them, not even inheritance tax, let alone taxation of property!

So, from Li Mengyang, an undisciplined guy, after he greatly increased the supply of money, he solved the problem of the consumption margin of the Pacific Empire, which was Keynes's suggestion, but this amount of money also changed Europe.

Bubbles, all bubbles!

The stock market has risen sharply, housing prices have risen sharply, and when these things have risen sharply, then it is normal to speculate on commodities, that is, wood, steel, Huang Xiaoyu, these things......

Originally, these things were nothing to stir up, but!

When the moon landing was revealed, didn't Britain blockade the Pacific Empire?

To be honest, they were really crazy about this, completely crazy, because this action was similar to a declaration of war, but the Pacific Empire was still very restrained at that time...... After all, I fooled the British before.

However, this blockade, then it is obvious that commodities must go up!

The Pacific Empire is so huge, and the commodities it produces are also incomparably huge, if you British can really block it, then what a huge business opportunity this is?

yes, who can't see this future? Commodities have to go up, and they have to go crazy!

So, is this money still stupidly speculating on something else?

All kinds of materials are presented in one, and it is like a volcanic eruption!

Therefore, Pang Qi's scam at that time, to be honest, if he really invested all this money in commodity trading, it was not necessarily a scam, it was so ruthless at that time!

But it's a pity that a liar is a liar, he is not a financier, he is not an excellent speculator, he only knows how to deceive people.

In fact, it is impossible for ordinary people to understand the Tao here, and it is impossible for everyone to know that the price of these commodities will rise sharply in the future.

If everyone knew that it would go up like this...... Then it will go even crazier.

And now, why did it fall?

This has something to do with the liar Punch, the foolish investment, that is, wood!

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PS: Thank you! Thank you, Brother Feng! Thank you so much!

What's that, Apple's financial report came out, and it fell directly by 8 points, this company is the world's largest market capitalization, this is amazing...... It seems that the black car crow's mouth is right again, that is, the risk is outside, Apple's iconic plunge, is it possible that the global financial turmoil is unfolding, hey~ The black car doesn't want to say it, but it seems to be dangerous...... But to be honest, all the data in China are good, especially the reason why Apple has fallen sharply is because its market share in China is much smaller and has fallen by double digits, so who took it? Everyone knows in their hearts, it's just that speculators all over the world have apples in their hands...... Without further ado, thank you very much!