I really want to scold those Chinese idiots specialists! I really wonder if those bricks specialists are spies? Do you know how the importance of returning the US dollar to the gold standard? The U.S. dollar gold standard is very important. It is not only related to China. The U.S. dollar gold standard is related to the whole world! Although the United States has the largest gold reserves in the world, so what? The U.S. dollar gold standard means: 1. The U.S. gold reserves cannot be sold and must become collateral for the U.S. dollar! The U.S. dollars currently issued have no collateral at all, and U.S. debt is guaranteed by "U.S. credit." To put it bluntly: U.S. debt is backed by the U.S.'s fart credit! What credibility does the United States have? Only a fool would believe in the credibility of the United States! I would rather believe in gold than the credit of the United States! 2. The U.S. dollar gold standard means: The United States cannot issue "U.S. bonds" at will! Now the United States can issue "U.S. bonds" at will as long as the "Federal Reserve" and "Congress" agree agreed that. Why is there a "financial crisis" in the world? It’s all because the United States issues “U.S. bonds” at will! Don’t Americans understand finance? They are pretending to be stupid, but China’s financial experts are really stupid! The U.S. dollar gold standard prevents the "Federal Reserve" and the "U.S. Congress" from issuing "U.S. bonds" at will! The United States has no money, can it fight wars all over the world? They can issue the US debts and they can create the wars at wills....
To maintain the "US dollar hegemony", the US dollar must return to the "gold standard"! What would it mean if the U.S. dollar returned to the gold standard? 1. American politicians and the Federal Reserve cannot print US dollars at will. They must have sufficient gold reserves before they can print US dollars! 2. The return of the US dollar to the gold standard will inevitably lead to a sharp depreciation of the US dollar or a sharp rise in gold! 3. The surge in gold will help China recover its state-owned assets! Domestic products that were deceived and stolen by "privatization" in the past can be recycled by taking advantage of this surge in gold prices, but China must have sufficient gold reserves. . . . "Financial Games" are fun! Let’s break America’s mess together!
The US dollar crashes! The collapse of the US dollar means a "currency collapse" around the world! Why? Because the U.S. dollar accounts for too much of the world! To solve the principle of not letting the national currency collapse, the national currency must be returned to the "gold standard"! Only if the currency is maintained on the "gold standard" can the people have absolute confidence in the currency in circulation! "Strong currency" has no effect. To be strong, a country must gain the "trust" of its people! Only when the people believe that the government loves the people, will the people be willing to rely on the government! The same goes for “currency”! Only when the people believe in the country will they be willing to use and hold the national currency! Therefore, "trust" is very important!
PS.Artificial Intelligence is like the financial crisis of 1997! Why was there a financial crisis in 1997? Because the High-Tech stock bubble! Artificial intelligence is also a big bubble! Artificial intelligence has no production value at all! Spending so much money on artificial intelligence is like Musk’s rocket exploding in the sky! Musk exploded a rocket, and everyone cheered... How many humans can a rocket feed? Will "artificial intelligence" harm the earth? Or is it progress? Think for yourself!