Let’s talk about where is the 35 trillion U.S. debt spent? Let’s make fun of China’s economic experts. These idiots who eat the emperor’s food are a group of “traitors”! How can we allow the RMB to depreciate to counter Trump’s tariffs? Do these people want to kill ordinary people? Do these people want the whole world to be controlled by the US dollar forever? In the face of Trump’s tariffs, what the People’s Bank of China should do is: let the RMB appreciate! The only correct solution is the appreciation of the RMB! Why? 1. China needs to import a lot of raw materials. As the RMB depreciates, the cost of goods will naturally rise. Add to that the tariff costs, are Chinese products still competitive? A bunch of traitors and idiots did such stupid things! 2. We must never allow the RMB to depreciate just for the sake of exporting to the United States. RMB depreciation is beneficial for exports to the United States, but it does not benefit the 1.4 billion Chinese people at all! The depreciation of the RMB means that RMB assets will shrink, which means that the labor value of 1.4 billion Chinese people will depreciate! 3. Why do those stupid teammates keep asking for the RMB to depreciate? Because they are afraid that the United States will default on its debts! They want to prevent the United States from defaulting on its $35 trillion U.S. debt by devaluing the dollar! These people are really bad teammates! What does “US dollar depreciation” mean? All US dollar assets will "depreciate"! The unlimited over-issuance of US dollars will inevitably lead to "US dollar depreciation". China is forcing its currency to depreciate to support the US dollar,and then China must pay high price. Are these economics experts bad teammates? I estimate that the US dollar will depreciate by at least 50%. Why do I estimate that the US dollar should depreciate by 50%? Because the debt index of US dollars and US bonds is too high! The U.S. debt is 15 trillion U.S. dollars, and the U.S. still has the ability to repay it. Now the U.S. no longer has the ability to repay its debt! Of course the United States will print new debt and repay old debt! If the interest rate on U.S. debt continues to rise, the U.S. debt may reach 50 trillion U.S. dollars and it will never stop! China's stupid teammates are using the devaluation of the RMB to support the US dollar just to prevent the US from defaulting on its debts. Isn't that stupid? Last, but very important thing is: For the internationalization of RMB, of course the RMB must appreciate! If the RMB continues to depreciate, who would want to hold RMB? My suggestion is: Peg the RMB to gold, and then let the RMB appreciate by 30%! In this way, the RMB will soon have the opportunity to become internationalized! A lot of economic experts have always stressed that China does not have enough financial products, that China did not start out as a fraud, and that China does not need "financial products"! China only needs to take care of the lives of 1.4 billion RMB. The issuance of RMB is to benefit the lives of the Chinese people, not to "make money"! The People's Bank of China should clarify the purpose of issuing RMB, so that there will be no mistakes in your monetary regulation policy!
Why should the RMB appreciate? The RMB should indeed appreciate! 1. China is in a state of "deflation"! If the RMB continues to depreciate, people’s lives will be in trouble! China imports a large amount of raw materials from abroad, and the depreciation of the RMB will increase the cost of raw materials. What does "deflation" mean? That is, people's income decreased. If people's income decreases and the RMB exchange rate depreciates, imported goods will become more expensive. Therefore, the RMB must appreciate! 2. The appreciation of the RMB can retain funds and accelerate the pace of RMB internationalization! If the RMB keeps depreciating, no one will be willing to use RMB for transactions! Only if the RMB has room for appreciation in the future will people hold RMB! In this way, countries will increasingly prefer to use RMB for trade settlements! 3. If China wants to expand domestic demand, the RMB must appreciate! Because the domestic market is traded in RMB, a depreciation of the RMB can only help the export market, but nothing with the domestic market! The appreciation of the RMB and the increase in the purchasing power of the Chinese people will make it easier to keep assets in China! Why does Li Ka-shing want to sell the ports? Now that the US dollar is at its highest exchange rate, if Li Ka-shing does not take advantage of the current good price, when will Li Ka-shing take action? Businessmen always put "profit first"! Businessmen will never have "national consciousness"! Businessmen will never care about "people's life or death"!!
Let’s talk about “U.S. debt” again! Why is the U.S. debt so high? We see one thing from Li Ka-shing: Businessmen always put profits first! The United States is a country controlled by capitalists! Was the United States a "capitalist society" when it was first founded? Of course not! The United States is originally a "federal" country. I have said: Basically, the United States is now in an unconstitutional state! Of course, the 35 trillion U.S. debt is in the pockets of capitalists! The American people must understand: The American people do not have the right to default on US. debts! Because printing US dollars is the way capitalists make money! Of course capitalists work hard to print US dollars! The United States can print another 1000 trillion US dollars because all of this 1000 trillion US dollars will go into the pockets of capitalists! The United States prints another 1000 trillion US dollars. What does this mean? That means we have to endure 1,000 times inflation! Now most of the US dollars and US debts are in the hands of capitalists! We all know that Buffett holds a large portion of short-term, high-interest U.S. Treasury bonds! I just saw a bullshit video about Calvin's class theory! There are so many biblical truths that have been distorted! There is absolutely no "class system" in the Bible! There is absolutely no “rich-poor gap” in the Bible! The "gap between the rich and the poor" and the "class system" are just "lies" created by a bunch of "pig teammates"! There is only one reason why the U.S. debt is so high: The U.S. government doesn’t make money! The U.S. government does not have a "profit-making business" unit! If a country's government only makes profits through "taxation", this government will definitely go bankrupt. The US government only relies on taxes to support the operation of the entire US government departments, so the US government is of course "highly in debt"! Why does Trump want to impose "high tariffs"? Because the U.S. government’s income is controlled by capitalists! Taiwan used to have many "public enterprises", but they were all sold by the DPP! America is miserable! There are no "public utilities" in the United States now! In the early days of Taiwan, the "37.5% rent reduction" and "land to the tiller" policies were implemented, but most importantly: everyone who lives in it has a house to live in! Taiwan’s implementation of “compulsory narrowing of the gap between the rich and the poor” is the key to Taiwan’s economic take-off! How much of a traitor is the DPP? Can everyone check how much public enterprises are in deficit? Let’s take a look at why the lives of Taiwanese people are so miserable now? The United States and Taiwan have exactly the same model! All public services related to people’s livelihood in the United States are controlled by private capitalists! China once fought against the local tyrants and divided up the land. Why did they fight against the local tyrants and divide up the land? In order to narrow the gap between the rich and the poor, it is more important that the country must have public enterprises to ensure the quality of life of the people! The reason why the U.S. debt is so high because the U.S. government has no "public enterprises" to earn money for American peoples! The U.S. government with no income and can't protect American peoples' living-hood.!