Chapter 474: Two Opposites
Giving housing loans to people who are obviously unable to repay them, and then turning them into bad debts that cannot be recovered, is the "subprime mortgage crisis". Greenspan's gang is an old fox, an old man.
Citibank, hundreds of years old, financial plunder is an ancestral craft, played for more than ten generations. Will they take the liberty of granting housing loans to people who are unable to repay?
This thing is very strange, and it was for Huaxia from the beginning.
The loan was not issued to them for housing, and the housing problem of the people of the magnesium country had long been stable, and it was precipitated there and could not be moved. The purpose of the housing "mortgage" loan is to allow magnesium people to buy free Chinese goods. The so-called "mortgage" is just a formality.
Huaxia ships extremely cheap goods to the magnesium country one by one, so that the magnesium people can enjoy it, and the magnesium people can buy a lot of Huaxia goods with loans. This kind of consumer loan was not intended to be repaid in the first place. Subprime loans are a benefit granted by the government of the magnesium country to every citizen in order to enjoy free Chinese goods.
The meaning of the subprime mortgage crisis is that the money given by the government of the magnesium country is spent, and these dollars flow into the hands of the Chinese people. What to do?
Engage in "financial portfolio investment", let the Chinese people redistribute the dollars they get to the magnesium people, and let the magnesium people take the money and continue to buy free Chinese goods! The people of the magnesium country are constantly in debt and spending money; The Chinese people continue to work, and they continue to lend the money they earn to the magnesium people to spend......
Don't think that the people of the magnesium country owe us a lot of debt, it's a good thing. The Magnesium Nation has a notorious credit history when it comes to financial plunder. It is easy to owe a small amount of debt, but if you owe too much, it will be troublesome, and at least the government will blackmail, and at the worst it will bring down the regime and write off all debts.
The stock market and housing market have skyrocketed, mainly supported by hot money. The reserve of 1.5 trillion US dollars in foreign exchange is equivalent to the distribution of 10 trillion yuan to the people of the magnesium country. In other words, the people of the magnesium country used 15 trillion US dollars as collateral and issued 10 trillion yuan banknotes in China!
The savings of Chinese residents have soared from less than 10 trillion yuan in 2005 to 20 trillion yuan, and this increase is basically printed and held by magnesium people and their agents! How can the people of the magnesium country use this money to snap up all the valuable things in China, how can the stock market and the housing market not skyrocket?
It is not difficult for everyone to understand now that China's stock market is composed of hot money, which is fundamentally unhealthy. Its role is to build a position for hot money and become a blood pumping station for pumping the savings of Chinese residents.
Please note that the hot money in the magnesium country is 10 trillion yuan, accounting for more than half of the savings of Chinese residents at the beginning. Even if all the savings of Chinese residents go to the stock market, they will not be able to compete with the main force of hot money. Take out one percent of the ten trillion, that's 100 billion, write an article and give you 10 million, will you do it? Absolutely get all the top 100 most influential media in China, and one media can get one billion! One billion in your hands, do you listen to it?
The power of hot money can completely control the rise and fall of the stock market, and control all public opinion about the rise and fall! The dealer wants you to rise as high as you want, you can rise as much as you want, you have to fall as much as you want, he is more powerful than God, how can he not earn? You're a retail investor, you're the accused, how can you not lose?
Pumping all the savings of Chinese residents into the stock market and transferring them into the pockets of the Chinese people is the sole purpose of the traders. The higher the stock market rises, the more savings of Chinese residents can be withdrawn, and the larger the position of hot money. The bigger the warehouse of hot money, the more Chinese goods can be bought, the more surplus dollars can be purchased from exporters, and the more resources can be withdrawn from China!
Inflation is caused by the printing of money and the rush to buy Chinese goods, which is a very important reason.
The only way to save this inflation is for Huaxia to get this 5 trillion US dollars, import things from the magnesium country, and import back the things that were snapped up by the magnesium people.
But the people of the magnesium country have already calculated this trick. First, the Huaxia Central Bank has no import power, and its reserve of dollars itself leads to the shrinking purchasing power of the reserves; Second, the people of the magnesium country have already collected all the valuable things, and Huaxia can't buy anything even if they take dollars!
Even if these two restrictions are removed, it is unimaginable to rely on imports to recover losses. Who would have imagined that 1.5 trillion yuan, or US dollars, will be transported from the magnesium country by ship, only shipped out, not over, and let people transport it for free for three years! How much power is needed? Is this possible!
It is because the people of the magnesium country have calculated these that they are desperately trying to import hot money to Huaxia!
If the exchange rate system is not reformed, it will not be long before China's foreign exchange reserves will reach 12 trillion US dollars, and the savings of residents will skyrocket to 100 trillion yuan, of which 90 trillion will be held by the magnesium people and their agents! The blood pumping machine of the stock market will rush to 20,000 points!
Stimulated by the new currency, the stock of real wealth will increase slightly, but the total amount of resources that play a decisive role, such as the total reserves of non-renewable resources such as oil, coal, and steel, will not only not increase in the slightest, but will be consumed sharply! If the inflation rate reaches 1,000 percent, the people of China will be able to occupy 90 percent of China's resources if they hold 90 percent of these currencies.
There are several reasons for the current inflation and price rise in China.
First, the surplus is the direct cause of this price increase. The central bank prints the bill and buys the exporter's dollars for reserves, and the exporter gets the ticket and gives the goods to the foreigner, but the claim for importing the goods to the foreigner is held by the central bank's reserves! But the central bank has no ability to import! So the guide zhì surplus! Tickets were issued to exporters, physical exports were given to foreigners, and import supplies were stuck in the central bank, which of course led to an increase in prices.
Second, hot money is the second reason for rising prices. Stockpiling dollars and loosening capital controls allowed hot money to be imported in large quantities, and the people of the country used the renminbi currency to rush to buy goods from China, leading to an increase in prices. However, when Huaxia got the dollar currency, it became a reserve, a paper, a "financial combination", and it could not be imported at all. Inflation increased, physical goods did not increase, and prices certainly rose.
Third, magnesium countries cut interest rates, we raise interest rates, this interest rate difference, let hot money enter the steady profit without loss. Therefore, instead of curbing inflation, interest rate hikes have just promoted the entry of hot money and exacerbated inflation.
Fourth, in fact, there is a major factor that cannot be ignored, the original 4 trillion yuan of someone to stimulate domestic demand. 40,000 yuan of waste paper was printed, how can the price not rise? If most of the overcapacity enterprises were eliminated at that time, perhaps the economy had already been transformed, and it would have been nearly ten years long before the transformation, otherwise the economy would be in a period of stagnation, and in the past few years, the economy could be regarded as virtual growth, almost completely without quality growth.
To get back to the point, the surplus and hot money are all magnesium people issuing currency in China and transporting things. The surplus is what has been shipped, and the hot money is what has not been shipped away in the hands of the magnesium people. Combined, the Americans printed 1.5 trillion US dollars, more than 10 trillion yuan! It accounts for more than half of the savings of the entire population! Why are prices rising? Why are ordinary people having a hard time? Because, the people of the magnesium country have moved our wealth!
Inflation and rising prices are two opposite sides of the same coin, but they are not the same thing. Inflation is predation, and price rise is anti-predation. The operator of inflation is the money printer. The operators of rising prices are the buyers and sellers. The money printer is the beneficiary, and the trader is the victim.