Many economists believe that gold cannot be a trading currency! Why can't gold be a trading currency? Because the current trade volume is too large, there is simply not enough gold produced, so gold cannot be a trading currency! I have to slap these ignorant economists in the face again! I really don’t know where those ignorant “professional knowledge” comes from? The US government created the "Trump Tariff" and even bizarrely set tariffs on penguins, which turned out to a graduate of Harvard University made Trump Tariff. Is this the level of knowledge that Harvard graduates have? Then Harvard University should be closed! Why does the United States have $36 trillion in debt? Why are European countries and the UK both highly indebted? Who are the United States, Europe, and the United Kingdom borrowing money from? And where did this money go? We must say: the debts of countries around the world are concentrated in the hands of the rich 1%! Why do these economic experts think that gold is not large enough to be a trading currency? "Gold" has always been a "trading currency" in human history! Why does every country in the world have problems with "excessive money issuance" and "inflation"? "Excessive money issuance" and "inflation" are the real problems that cause our current economy to be too large! This means: 20 years ago, we could buy a dozen eggs and a fish with $1. Now a dozen eggs still cost $5, and a fish might cost $10. Does the quality of eggs change? Does the number of eggs change? Nothing has changed, but because of "inflation", we have to spend more "currency"! This is why economics experts say: Gold cannot be a trading currency! Because now countries are suffering from "serious currency abuse" and "serious inflation"!

The world's "inflation" comes from the "US dollar"! I have told you before: The US dollar is the world's currency. Therefore, as long as the United States issues more US dollars, the whole world will not be able to escape the pressure of "inflation"! The so-called US dollar reaps the benefits of various countries. This is a channel for US dollar investment! The United States issued more US dollars and must use US dollars to circulate to other countries in order to reduce "inflation" in the United States. Now everyone understands: Why is there inflationary pressure all over the world? Because the whole world uses US dollars for transactions, and too much US dollar has been issued this time! Why can China control inflation? Because China is a country with foreign exchange controls! China did not allow a large amount of US dollars to flow into the Chinese market! If a large amount of US dollars flows into the Chinese market, China's stock market and foreign exchange market will usher in a few days of rising trends. When these "hot money" have made enough money, they will leave the market, and then China's stock market and foreign exchange market will plummet. This is what we often call harvesting leeks!!

Why is there such serious inflation around the world? We must know that the euro, pound sterling and US dollar are not on the "gold standard" now! The euro, pound sterling and US dollar are "credit currencies"! What is "credit currency"? "Credit currency" is like a "credit card". The bank gives us a credit card limit based on your credit! The euro, pound sterling and US dollar are all "credit currencies". The issuance of these currencies depends on "credit". They can even have a credit card without credit! Let me give you an example: I want to go on a cruise, but a trip costs $10,000, and I don’t have $10,000, so I will definitely need to borrow money to realize my dream of taking a cruise. If no bank is willing to lend me money, I will have to save until I have enough money to go on the cruise. Of course many cruise companies like us to spend money, so many cruise companies offer interest-free cruise fee services. Of course I will go and have fun first and then slowly pay off my debts. Later, more and more companies saw the business opportunity of "lending money to consumers for consumption", and more and more companies raised the prices of their products higher and higher. Why did they raise the prices higher and higher? Consumers enjoy the service first and pay later, and companies also have risk costs, so of course they need to raise prices. And "inflation" is because everyone borrows more and more money! We must understand: Inflation is not caused by "excessive money supply" due to actual demand, but by "waste, high profits and high enjoyment" causing excessive money supply!!

The current large amount of currency is due to "over-issuance of future money"! The real reason why the currency volume is large now is that countries are too heavily in debts! If "gold" is only used as a currency for physical transactions, the gold production is fully sufficient to support physical transactions! Why should gold become "currency"? Gold becoming a currency will prevent some countries from issuing currency without limit! Every country over-issues currency because they believe they will definitely be able to pay off their debts in the future! European countries have over-issued euros and have borrowed 500 trillion euros. Are they spending future money? Is the UK's debt a waste of future money? Now every country is confused about what the real problem is? Every country is enthusiastic! If you feel you have the ability, you can just “take on debt”! The United States is a country that is killing the whole world by borrowing money! "Financial leverage" must have a certain ratio! Of course capitalists can print money without limit to meet the needs of every government! When you, the government officials of your country, go into debt, have you ever thought about "people's lives"? Every dollar of currency you over-issue will flow back into the market. Inflation is caused by your over-issuance of currency! Not only does the country have to face huge administrative expenses, but it also has to bear heavy interest. How can ordinary people survive? I said: Euro, US dollar and British pound are all "credit currencies"! Many banks issue credit cards to 3-year-old children. Why do banks issue credit cards to 3-year-old children? What banks care about is: Making money! As long as the child’s parents have money to pay it back, it’s fine! It doesn’t matter if the child’s parents don’t have money to pay back! The bank just needs to collect the interest on the credit card debt! Why are inflation and money printing so serious around the world? Because wealth has always been controlled by the rich 1%, and what the rich have always wanted is: To make the whole world their slaves! Rich people use the money to control the world. Rich people don’t need to do any real business! Can “real industry” be more profitable than “financial industry”? There are indeed too many tricks in the "financial industry"! "Exchange rates", "stock markets", "casinos", "insurance", "funds"... Logically speaking, "financial products" will never lose money! "Financial management products" are like fraud gangs, except that some products have less fraud and some products have more fraud! I can only say: Trump is incapable of solving the U.S. debt problem, and Trump has no ability to make America great again! "U.S. debt" is the nuclear bomb that destroys the United States!!