Simple truth, do you need an explanation?
The truths in the world are all simple and easy to understand. If you have to go round and round and talk about them for a long time until you are confused, then you are deliberately lying to you.
People who prefer people have strange brain circuits, probably because of their inferiority complex. They always think that things that are easy to understand will definitely not be true. If you talk about it for three days and three nights, it will make people confused. Loaded with many English abbreviations, this can be accepted happily.
Then you asked him if he understood? What do you understand? People just opened their mouths and said XXX!
What is the need to discuss with such a person? It would be easier to explain to them than to find a knife and stab yourself a few times.
Inflation is too much money circulating in the market and not enough goods. Deflation means insufficient money circulating in the market and too many goods. Which one is more terrifying?
In ancient my country, there was a very simple standard for prosperity, which was the price of grain. When it comes to the rule of Zhenguan and the prosperity of Kaiyuan, they were the first to talk about the price of corn. Nowadays, people will say that cheap grain hurts farmers, so high prices bring it. goods.
But I remember a few years ago when our housing prices were rising rapidly, many local economists made all kinds of complaints and even used the $1 all-you-can-eat fried chicken in the United States to tell everyone what a real good economy is.
Are the standards changing so quickly now? Inflation that cannot be controlled in the United States is called a good economy. If prices here cannot rise, will we be in trouble immediately? No way, such a double standard?
Which is more terrible, over-productivity or under-productivity?
I am a science student who has read a lot of historical materials and novels.
Hyperinflation is very difficult to solve because rebuilding productivity is a long process.
I have never seen a country or society that eventually perished due to social problems caused by deflation. Only uncontrollable inflation will lead to the demise of a national dynasty.
Let’s not talk too much about it, just take a look at 1949. How was Principal Chang driven to a small island by a millet rifle and left to survive? Because too much money was printed, hyperinflation led to a loss of public support.
So why don’t you admit that the problem in the United States is bigger now? The Fed has already printed too much money. Can the current method of raising interest rates and shrinking the balance sheet make the money less?
Now the Americans refuse to land for life and death. They are afraid of death on a hard landing. A soft landing is too soft and cannot land.
You say that the old American economy is good and employment is good, but the productivity of the American military industry cannot support the consumption of the Russian-Ukrainian war and the Palestinian-Israeli war at the same time. This was unimaginable 20 years ago.
The industry is hollowed out, over-reliance on the global division of labor, and the economy is tied to the Federal Reserve + Wall Street system. This is very dangerous.
60 years ago, the United States could compete with the Soviet Union in aerospace technology and astronauts could land on the moon. But now, even the United States itself believes that the moon landing was a fake.
Given the degree of infiltration between the United States and the Soviet Union in their struggle for hegemony, if it were really faked, would the Soviet Union know nothing about it?
The so-called Star Wars dragged down the Soviet Union to death was nothing more than a tacit understanding between the United States and the Soviet Union. Reagan wanted to put money in his own face, and the Soviet Union wanted to pass the responsibility for its disintegration to the United States, pretending to be confused.
Look at me, I used to be able to get into 211 University, but now if you give me college entrance examination papers, I might not be able to even get into a junior college. Does that mean I cheated when I got into college? It’s just that I haven’t been in contact with it for too long, and I have forgotten all the knowledge I learned before.
The United States has enjoyed the benefits of the service industry, led by finance, for too long.
Playing financial hegemony can lead to financial bullying.
For example, they can instill theories into everyone all year round and make all financial activities in the United States reasonable. If you feel that something is wrong, many financial experts and economic experts will come over to brainwash you and let you first reflect on where you went wrong. .
In fact, this is a kind of financial bullying. The rules of the world’s financial operations must be in accordance with the wishes of the United States.
But finance is a service industry after all. If you want to have the ability to force others to accept services, you must maintain your military hegemony. Military hegemony requires the support of strong military productivity.
There is another big paradox here. Military productivity is based on a strong manufacturing industry. If the United States wants to use the financial industry to forcefully serve the world, it has to accept the reality of the hollowing out of the manufacturing industry.
When the manufacturing industry is hollowed out, the military industry will naturally not be able to survive.
As everyone knows recently, the United States is trying to restore the F22 production line. With a complete set of drawings in hand, there is simply no way to do it. The skilled workers and engineers are all gone. There is no soil for cultivating such talents in the United States. How can it be said that restoration is possible? Has it been restored?
In an economic order dominated by finance, as long as someone has a good brain and studies finance or computer related fields, which way of making money is not better than engaging in military industry technology?
Soon there was no one to replace him, and the Qing Dynasty was not good at military industry. India’s military industry technology was a joke. If you couldn’t find a successor, you couldn’t ask the bunch of law-schooling gentlemen in the White House to roll up their sleeves and do it yourself. Even if Think about it, I don’t have the ability.
Virtual economy and various models are really fast to learn and not very difficult, but manufacturing cannot be done casually by relying on opportunism.
Why did the United States first and then the G7 unite to demand that China not develop advanced technology industries? Because they want to create chips to choke us. With this hard-core technological suppression, the U.S. financial services industry can continue to play financial hegemony and then implement financial bullying.
Latin Americanization is the result of this bullying;
The financial crisis in Southeast Asia is the same as Japan’s 30 years of loss.
But if one day, the United States cannot come up with any hard goods that are stuck, then why does it impose the US dollar financial system and demand that we be served?
The United States is playing elite politics. Although politicians are becoming less and less like elites, this idea is basic common sense, and elites hired by the Federal Reserve and Wall Street will also teach the White House lessons.
The reason why we feel that the recent economic situation is not good, life is difficult, and employment is difficult. To put it bluntly, it is because industrial upgrading has been curbed. Not only do they want to block the upward channel, but they also want to pull out the bottom line and force the original industrial chain to withdraw from China.
The United States can now use its financial hegemony to influence the global industrial chain, and it has also played a certain role.
But now, no matter whether it is Vietnam, India, Mexico or other places, there is no way to undertake it, so the matter has become production in China and manufacturing in Vietnam and Mexico.
It is precisely with the support of strong manufacturing productivity that the dollar’s bullying plan was thwarted, and it was forced to give up its share.
Now, in order to maintain its hegemony, the United States continues to de-Sinicize its supply chain, but it does not seem to be going so well.
We are vigorously developing the technology industry. We must not only break through bottlenecks, but also make breakthroughs in the digital economy and AI to further improve the production efficiency and industrial level of Chinese manufacturing and block the way for Americans to transfer industries.
This process will definitely not be smooth and easy.
The U.S. economy’s false fire will not be released. They dare not land, but strong support will undoubtedly accelerate the decline of the industry. Who in the world is in the mood to engage in hard-core innovation after spending so much money and money.
Once we get through this period until the United States has to land, it will be time for a complete counterattack.
So there is no need to stare at the U.S. CPI data now. It is a bit silly to regard inflation as a sign of economic improvement. During the U.S. dollar interest rate hike cycle, China has been deflating, but the U.S. inflation can’t go down like this. This can only mean one thing. , the dollar is no longer that useful, and the financial hegemony of the United States is gradually fading.
This is the tragedy of financiers and economists. During the learning process, we follow other people’s right to speak, but everything we do is to regain the right to speak, which is embarrassing.