Chapter 460 In the face of suicide rate hikes, don't take the tricks normally
Su Su said: "I said before that when the Federal Reserve raised interest rates, in order to prevent the domestic US dollar from running away, China would follow suit, such as letting house prices rise and the RMB depreciate, and the central bank also raise interest rates. Such generous conditions not only do not want to run away in the domestic US dollar, but also can intercept the world and attract the US dollar from other regions into China. Not only did it successfully defend its own wool, but it also obtained more hot money. On the surface, it was China's victory?"
Wang Qiang immediately understood this tone: "But China's housing prices have risen again, and the people are at a disadvantage!"
Su Su nodded: "Yes! Then, China has failed to reflow the US dollar many times, is the United States suffocated to death?"
Wang Qiang smiled and said, "The United States lets itself go and prints unlimited money! Go to the US dollar credit, go to the US dollar depreciate, go to the national debt, go to the China National debt, can't afford it!"
Su Su smiled and said, "Yes, when the Federal Reserve raised interest rates in the past, he had to calculate carefully and tolerate and wait for a moment. It was to prevent rash interest rate hikes from affecting the stock market and making Treasury bonds more. But now the Federal Reserve no longer cares about it - the US economy is good and employment is good. You can raise interest rates four times this year. You are cheating! The United States has begun military control, and division is imminent. The founding of the country is so urgent that it even started selling global hegemony. What a ghost!"
Wang Qiang remembered something: "Will the United States really split if its military strength is so strong?"
Su Su smiled and said, "The United States, like the Soviet Union and Britain, was determined to be a federal country from the beginning of its birth. This is why the laws of each state of the United States are different. Therefore, the United States can be divided legally. Especially in California, the founding of the country is preparing to cut off the vassal states and break it up into three parts."
Wang Qiang was happy: "Probably this is influenced by the city-state system of Greek culture."
Susu said: "So this kind of interest rate hike by the Federal Reserve is a suicide rate hike, because the Federal Reserve has arranged the funeral of the US dollar - that is, unlimited printing of money, and sweep as much goods as you can. Then the United States goes bankrupt, the US dollar becomes waste paper, and it takes a break to relieve the worries. Therefore, the US dollar has indeed been forced by China to reach this point today, but we must not beware of the madness before our death."
Wang Qiang said in surprise: "That's not to follow?"
Su Su said in a deep voice: "Yes, although India is raising interest rates at this time, and Argentina is raising interest rates in critical situations, we are different from them. Why do we still use normal routines to take the move of a dying and crazy opponent? This will only disrupt the internationalization rhythm of the RMB with his dying blow, and may even be killed by him. At that time, the International Capital Group was laughing crazy. You must know that the internationalization of the RMB must have two basic operations, appreciation! Rate cuts!"
"The appreciation of the RMB is a strong currency. You can exchange RMB for more currencies from other countries and import more things. Only in this way can other players be willing to reserve RMB as hard currency. Look at the yen. Why can't it be if it develops so early and so good? Because the yen is often depreciated to protect itself, who is willing to reserve it? Then there is the RMB interest rate cut. Only by reducing interest rates, those players who borrow RMB to develop will not have the pressure to repay their debts, and the RMB can run around the world."
Wang Qiang said in surprise: "If you follow the move, it means that the RMB will depreciate and the central bank will raise interest rates, which is the exact opposite operation. This is the rhythm of being disrupted!"
Su Su nodded: "That's right! So since China no longer follows the challenge, funds will be sold out. Housing prices may have some popular changes, which will have an impact on the housing speculation group. Ordinary investors should be cautious."
Wang Qiang: "Oh!"
Su Su said again: "But it's time to this point, and some things must be done. Then Mr. Jiang, let's post the big news!"
Jiang Gan immediately recalled the account book: "On June 15, 2018, China's national tax and local tax were officially merged!"
Wang Qiang was confused: "Can you not raise taxes? I don't understand!"
Su Su said in a deep voice: "I won't say much about domestic affairs. Then simply put it carefully. In this most critical period of historical change, this is to further strengthen centralization and straighten out places that are incompatible with the local government and the central government... For example, the local land finance, that is, the money for selling land in this place is a confusing account, which further leads to rising housing prices. Therefore, the continuous rise in housing prices is not just the result of international hot money speculation and national reservoir regulation."
"Then let's talk about how the international hot money came in? I said before that foreign funds from normal channels must pass through the Bank of China when entering China, but some international hot money did not pass. Then China's foreign exchange control, under normal circumstances, as a person in the entertainment industry said that he could only remit 50,000 US dollars to foreign countries a year. So how did those big guys buy luxury houses worth tens of millions of dollars in foreign countries?"
Wang Qiang brows again and said, "The legendary underground money house!"
Su Su said in a deep voice: "Yes! The mystery comes, the light walks, and experience it with your heart!"
Wang Qiang understood: "That is to say, this time the Federal Reserve raised interest rates, and even if some hot money from unknown origins wanted to run back, it would probably not be so smooth?"
Su Su nodded and said in a deep voice: "Actually, every time the United States causes trouble or breaks up the agreement, China will dismantle some problematic personnel or destroy some problematic institutions, that is, beating each other's children. Then, Mr. Jiang, continue!"
Jiang Gan revisited the account book again: "On June 14, the Global Times reported that central banks and government officials from 14 African countries will discuss the feasibility of using the RMB as the reserve currency in the region. The 14 countries are Angola, Botswana, Burundi, Kenya, Lesotho, Malawi, Mozambique, Namibia, Rwanda, Swaziland, Tanzania, Uganda, Zambia, and Zimbabwe..."
Su Su sighed: "This is half of Africa. Previously, Nigeria, which has a population of 200 million, was the first to announce the use of RMB to settle oil. Then Nigeria was massacred and attacked by the captive terrorist organization Boko Haram in the United States. The African people have made great determination to muster up the courage to accept the RMB."
Jiang Gan sighed: "This is what people want. If you don't take it at this time, when will you wait?"
Chapter completed!