A bunch of ignorant public opinion in China! They say: The United States will increase the value of gold to pay off the U.S. debt, and then gold will fall back to worthless! If you listen to those idiots, you will live in poverty for the rest of your life! Americans are so stupid, being played around by those ignorant people! The U.S. gold reserves are only over 8,000 tons. Using the current market value of gold to repay U.S. debt, we can only repay over 1 trillion U.S. debt! This means that the United States must further increase the price of gold to 36 times before the United States can pay off the 36 trillion U.S. debt. Gold rises another 36 times from now price? $3,000x36=108,000 Is it possible? Of course it's impossible! But I think it is possible for gold to rise to $10,000. Why? Because countries around the world are now issuing excessive amounts of currency! All countries in the world are drawing a pie and spending future money. Why does "currency" have to be linked to gold? Why can’t “currency” be replaced by virtual currencies like Bitcoin? Modern people are indeed very stupid. The IQ of modern people is only about 10! I can tell all mankind: Your IQ is only 10. Can an AI robot not surpass you? AI robots are 100 times smarter than modern humans! I rarely use AI software! I never use AI to make videos or write articles. Do I do what comes to mind and write what comes to mind? Why should I use Deepseek? Because I want to search for some information! We must be clear about one thing: AI software will always be: a collection of past answers! If the past answers were wrong, then AI intelligence can always give us wrong answers! Wrong answers never lead to the right place! Wrong answers never make us progress! When we often use AI software, we can only be "limited" and we can never "surpass"!
Why is gold the irreplaceable “money” in human history? 1. The quantity of gold is limited 2. The quantity of gold produced every year is 1% 3. Gold has many metallic properties and medicinal values! 4. Gold is easy to carry and not easily deformed! This is why gold is the least likely currency to be replaced in human history! Seeing the expansion process of "U.S. debt", I thought: The United States must go bankrupt, or the United States must abolish the US dollar, or the United States must disintegrate! The United States has no choice now, Trump and Musk are just dying for struggling! The U.S. debt is basically unsolvable! Trump and Biden have contributed the most to the U.S. debt. They don’t need to blame the each other. They are just half a catty and eight taels! This is what the Chinese often say: national destiny! I said it a few years ago: America’s national destiny has come to an end! No one can survive the country that God wants to destroy! God will completely destroy America and Israel this time! Israel I said more than a year ago: Israel will definitely be destroyed by Hezbollah! Let’s take a look at the outcome of the United States and Israel! Both countries, the United States and Israel, "rule by lies and liars"! To govern the country by deceiving the people, do the people of these two countries have centripetal force and cohesion? Lies may deceive for a while, but they will never last forever! Just like "currency" is a symbol of a dynasty, "currency" is not forever! A new dynasty will inevitably issue different currencies! "Gold" is the hard currency of human history! When America and Israel perish, will US dollars and sheqs be useful (Israel has exchanged them for new sheks)!?
The United States simply cannot use gold to pay off its U.S. debt! Because the United States does not have enough gold to pay off the U.S. debt! Is it okay if the U.S. debt is not resolved? The United States must solve its the debt problem! The United States can no longer print US dollars, and the United States can no longer "pay old debts with new debts," because the United States now has no ability to repay its debts! Printing more US dollars will only make the American people pay more interest and make the U.S. debt higher and higher. However, the American people will just keep enduring the pain of inflation, and inflation cannot be suppressed at all! Why is the Fed afraid to cut interest rates? As soon as the Federal Reserve cuts interest rates, foreign capital will inevitably flee. What does this mean? The Federal Reserve is now the largest holder of U.S. dollars, and it must control U.S. dollars from flowing into the market. If a large amount of U.S. dollars flows into the market, it will definitely cause rapid inflation. Let’s treat US dollars as a “credit card”! Why does the US government print US dollars? Because the U.S. government doesn’t have enough money to spend! When we apply for a credit card, we "borrow money to spend", and a credit card is to spend future money! If we don’t have enough money to spend, we have to ask the bank to increase the credit limit. Will we go bankrupt if we keep increasing the limit? Now America is like the every credit card holder! The United States can repay credit card interest at first, but the United States does not have the ability to repay the "principal" of credit cards! The principal of a credit card has never been repaid in the United States! Logically speaking, if a person has not paid the principal of his credit card, the bank should not continue to increase the credit limit! But the Federal Reserve continues to increase the credit limit of the U.S. government. The Federal Reserve should be designing to bankrupt the U.S. government! Since 1900 in the United States, the financial situation of the United States has been very poor! We must understand that a country's financial situation is very poor. Instead of trying to borrow money all the time, we must find a way to increase revenue and reduce expenditure! Not only does the U.S. government fail to increase revenue and reduce expenditure, it borrows more and more money! By 2024, the U.S. government’s U.S. debt + interest already reach $36 trillion!!
Why was U.S. debt expansion relatively slow in 1900? Because the US dollar is the gold standard! The United States cannot print US dollars randomly! When the United States left the gold standard in 1972, the United States was in big trouble. There was no limit to the number of US dollars the United States could print! The United States takes advantage of printing US dollars. The United States can print large amounts of US dollars to buy cheaper goods all over the world! We often say: quantity determines price! If the United States buys in large quantities stuffs, the United States can set the price! Why has the United States always been the world's largest importing country? Because the U.S. dollar has a great advantage in purchasing power! The real problem in the United States is "waste"! The United States has become the world's largest import country, not because the United States has real demand, but because this country is particularly wasteful! In the economic cycle of the past 70 years, the United States has used "the wasted to create the economy and profits"! The real reason for the 36 trillion U.S. debt in the United States is: Waste! What are the benefits of using gold as currency? China has always been like this: pay with one hand and deliver with the other! "Transaction" is originally "buy and pay"! Why can’t “virtual currency” become the mainstream of trading? Because the price of "virtual currency" is unstable, there is no real economic benefits! I said: Gold has metallic properties, gold has medicinal properties! Gold itself has "actual benefits"! This is why gold is the irreplaceable currency of the entire planet! "Digital currency" is not "virtual currency". "Virtual currency" can never replace "real objects" and become the mainstream of transactions! Americans have been indoctrinated with wrong knowledge since childhood, and Americans’ IQ will indeed be replaced by AI robots! If you have spare money, don’t deposit it in the bank to buy gold! Don't focus on interests rate, but prepare for future life!!