Strong freedom of capital, freedom is the freedom of monopoly power, freedom is the freedom of carnivorous. For those who do not hurt others and to feed their deer and sheep, the wanton pursuit of freedom is the freedom to be wild beasts, is biting the throat freedom is the freedom of the flesh and blood being swallowed. If this freedom is to represent the direction of human civilization, the value to the world, can take off a suit, go back to Africa, virgin jungle.
hh lie repeated 1000 times to be the truth? in reality is entirely possible, then how else can we do, we repeat the truth 1001 times, so that each people all know who is lying, who will deceive his money; who is telling the truth, who defend the wealth of the Chinese people.
demonized
enormous benefits of fixed exchange rates into 2008, With the goal to accelerate the appreciation of RMB has been substantially achieved, hot money, and affected public opinion launched a new offensive, and that is praise and beautify the
they are no longer satisfied with the acceleration of yuan appreciation, they now want is a floating exchange rate range of 0.5% on the basis of further expansion, further opening the capital account, capital export is more freedom, more ;, asked the Chinese central bank will not intervene in RMB exchange rate. In short, requires the ability to provide hot money to take profits quickly, quickly fled the border policy.
To achieve this goal, they are bound to do everything possible to beautify and praise the the forward direction of human civilization, on behalf of the freedom is the freedom of capital strength, freedom is the freedom of monopoly power, freedom is the freedom of carnivorous. For those who do not hurt others and to feed their deer and sheep, the wanton pursuit of freedom is the freedom to be wild beasts, is biting the throat of freedom is the freedom to eat flesh and blood. If this freedom is to represent the direction of human civilization, the universal values of freedom who can take off a suit, go back to Africa, virgin jungle.
thank the media mouthpiece of hot money, have you finally , this way, the debate on exchange rates is also approaching the final truth. allow people to discover, the core of monetary policy, economic and financial policies will involve different social strata and different interest groups and the distribution of benefits among different countries, particularly in monetary and exchange rate system is essential mm all the people go through with others the value of currency exchange. so everybody consciously or unconsciously, a pattern of human interests of the game. different social strata and different interest groups and different countries will participate, consciously or unconsciously game, using their own advantages and power to influence monetary policy in one or more States making. but under different values in different currencies and exchange rate policies will result in huge differences in the interests of the redistribution or transfer of benefits.
2008 年 3 mid-May, the author of 2 million words long paper (Note: The Strategic Systems Thinking and the Chinese currency They have different currencies, exchange rates and other economic policies, a combination of values of interest. From the perspective of capital, they include at least three ways: First, Business Industrial capital; Second, traditional financial capital; third is represented by hedge funds financial speculative capital. , the external macro environment of stability and predictability is very important, and the fixed exchange rate regime is relatively stable macroeconomic environment, the most important The vast majority of a fixed exchange rate system; China during 1994 m2005 fixed exchange rate system introduced, the economy maintained a high growth, low inflation good development, during which effective against the Asian financial crisis and the impact of the U.S. IT bubble burst, the Chinese arrested live Asian countries hit hard out of the mud to make a significant contribution to the crisis.
2, the traditional financial capital. The capital for the industrial and commercial enterprises through the provision of loan services, poor access to savings and loan proceeds, or to help businesses market, access to sales and other related sponsors service receipts. they want to see long-term sustainable development of industrial and commercial enterprises, long-term sustainable growth of the capital market, which they can achieve sustained earnings growth, they are the capital market, the true value of listed companies and continued growth of capacity and long-term hold. The capital is not disgusted with the fixed exchange rate system.
3, the hedge fund capital, represented by financial speculation. They themselves do not directly create any real material wealth, they the same as the flood of the capital markets to the world, all kinds of investment goods to the Bay, and then run off. in the inflow, the target country (region) of currency prices rose, driving asset price inflation and financial products, consumer goods prices have gone up; they flow travel time, it is just the opposite of the crash. On the one hand, their strength if they are used properly, have stimulated the U.S. IT industry revolutionary miracle, on the other hand, they also cause a mess after the bubble burst. < br> However, the greater their power, the faster they flow, they are on the real economy and international economic stability and development of the greater destructive power, their efficient allocation of resources to help the less indirect, they are on the real economy created real wealth was the more severe deprivation.
At the same time, they even negative-sum game, a small number of people looted the excess profits of most people is the accumulation of the cost of hard labor, they will greatly accelerate the rich-poor divide a society, causing and deepening of social conflicts and hatred.
forward floating the beneficiary of speculative hot money exchange rate very few mm their superior intelligence, a profound understanding of human nature, English is the language of their work, their financial knowledge and financial theory has considerable monopoly rights, they often claimed to be ; mm, but with the opposite kind of doctor Norman Bethune, the concept of nation and quite indifferent to them, the core of their faith Only free mm because it can make them Soros is their outstanding representative of his own during the Asian financial crisis, the behavior never regret.
the biggest advantage they have tremendous cash flow, money in the world so that they have a lot of opinion and policy influence, and because of the relative financial knowledge and rules of monopoly, with a very strong deceived and misled the public perception of the ability to immediately mm they would have hoped that China adopted a floating exchange rate and capital account liberalization was.
due to different countries at different stages of economic development, and its main capital of the attributes of different countries, there will be corresponding with its capital evolution of monetary and exchange rate policy preferences. or, in the fixed exchange rates and floating exchange rates between the two extremes, each country there is a balance for their own. In contrast, the main or the real economy is still in the traditional financial sector is still the national stage, will tend to choose a fixed exchange rate system; and those countries with higher level of the virtual economy, they and promote wider implementation of the floating exchange rate system and investment liberalization, the stronger the motivation. For example, the United States to finance the virtual economy is now mainly sell it to the world of its floating exchange rate and investment liberalization.
current too fast, the beat rate increases more and more. this is the source, asset bubbles and inflation accelerating too fast. In short, we are getting closer and closer into the international speculative hot money wish to see the path to the.
Clearly, monetary policy and exchange rate regime is different from interest groups, between the interests of different countries, the focus of the game, is difficult to reconcile with the characteristics. monetary and exchange rate policy, the results of the final game, the game depends on the parties means of strength and skill. no shortage of people think that China's financial strength and national power far better than the United States and other Western countries, therefore, the external pressure, sooner or later be forced to implement a floating exchange rate and capital account liberalization. However, I disagree, because the current international economic and financial euro and the dollar is the principal contradiction of competition, China is a decisive weight, coupled with hands over 2 trillion U.S. dollars of foreign exchange reserves, China actually has great casting vote. Besides, now that the United States bogged down in the sub-prime crisis, has temporary financial crisis, the edge of the comprehensive, need help from China. If the Chinese monetary authorities to get rid of the spirit of bondage game opponents to equal confident attitude and take good at game balance communication, conducted on an equal exchange of interests, for win-win compromise is entirely possible in the new global economic and financial order to get an important seat.
Fortunately, as more and more independent thinking, the pursuit of truth, and defend the conscience of insight to counter the hot money to join the lineup of public opinion, with the reality of hot money, the media has repeatedly proven wrong, especially the Great Awakening of the huge financial power of the country. (To be continued)
Event Description: Beijing know that the money should be to invite the club, to promote I will be Sept. 21 speech in Beijing mm surrounded by encirclement and suppression under the coordination of international hot money will conduct a comprehensive siege Chinese investors, stock and property markets, gold and business capital chain can be described as under siege, how cold this winter? will be thoroughly frozen earth is just the a late spring? Mr. its original The Road three)
Tickets: 200 yuan (non-annual member)
activities Tel:
weekend advice, ask for phone:
Speaker Description:
Zhangting Bin: hot money war international market, warning A shares, or such as
No comments:
Post a Comment