Chapter 93 5. China's financial strategy: build high walls, accumulate food widely, and become king slowly

build high walls It is necessary to establish two defense systems, the internal financial firewall and the external financial flood wall. International bankers are about to go deep into China's financial hinterland, and China has no danger to defend.When people talk about the entry of foreign-funded banks, most people focus on the competition between foreign-funded banks and mainland banks for the savings pie of residents. In fact, what is more dangerous is that foreign-funded banks will directly intervene in China's currency issuance field by providing credit to Chinese enterprises and individuals.Through the partial reserve system, foreign-funded banks will vigorously promote the monetization process of China's national, corporate and personal debts. The additional credit RMB issued by these foreign-funded banks will be issued through bank checks, bank bills, credit cards, real estate mortgage loans, and corporate working capital loans. , financial derivatives and other ways to enter China's economy.

If the small and medium-sized enterprises and individuals who have been waiting for loans for decades and have been neglected by state-owned banks are like dry wood for funds, then the foreign banks with good service and generous spending are like a raging fire. The two sides hit it off, and China's credit flood is flooding It can be fully expected that a large amount of funds will lead to a larger scale of redundant construction, and the simultaneous deterioration of consumer price deflation and asset inflation will be more serious. The former will soak China in bitter ice water, while the latter will be Put the china on the stove and grill.When there is serious excess capacity and asset bubbles rise sharply, international bankers will begin to shear the wool of the Chinese people.The most profitable time for international bankers has always been the day of economic collapse.

American Founding Father Thomas.Jefferson famously warned: If the American people finally allow private banks to control the nation's currency, those banks will dispossess the people, first through inflation, then deflation, until one morning when their children When they woke up, they had lost their homeland and the continents their fathers had opened up. After more than two hundred years, Jefferson's warning still sounds so clear and powerful today. After foreign banks fully entered China, the most fundamental difference from before is that although the former state-owned banks had the urge to promote asset inflation to earn profits, they never had the intention and ability to maliciously create deflation to wash people's wealth.The reason why China has never had a major economic crisis since the founding of the People's Republic of China is that no one has the subjective intention and objective ability to maliciously create an economic crisis. After the international bankers entered China in an all-round way, the situation has undergone fundamental changes.

China's internal financial firewall is designed to prevent foreign banks from maliciously creating inflation to push up China's asset bubbles, and then slamming money to create deflation, forcing a large number of companies to close down and people to go bankrupt. One-tenth to buy China's core assets at a low price.Financial management departments must strictly monitor the scale and direction of credit issuance by foreign-funded banks, conduct financial macro-control based on the ratio and composition of reserve funds, and strictly prevent foreign-funded banks from monetizing domestic debts in large quantities.

For financial hackers such as foreign banks and international hedge funds, they must be strictly guarded against.The financial derivative contracts of all companies in China must be reported to the financial management department, especially the financial derivative contracts signed with foreign banks need to be more careful, to prevent international financial hackers from conducting remote non-contact attacks on China's financial system overseas, In 1990, international bankers long-distance nuclear attack on the Japanese stock market and financial market is not far behind. China's external financial flood wall is mainly aimed at the collapse crisis of the US dollar system.Under the precipitation of a nearly astronomical 44 trillion US dollars of debt, the U.S. economy is like a river suspended above the ground with a riverbed tens of meters above the ground. The flood of liquidity created by the huge debt compound interest payment is impacting more and more people day and night. The more dangerous river embankments pose a great threat to China and other East Asian countries and regions living in low-lying areas under the suspended river.

China must act urgently to prepare for financial flood relief and protection of people's property.The rapid depreciation of US dollar assets is no longer a prediction, but a fact that is happening every day. The current situation is only a flood leak. Once a dam collapse accident occurs, the consequences will be disastrous.China's huge foreign exchange reserves are already at high risk. In the next sudden and serious international financial turmoil, the eye of the storm will be the super-bubbled financial derivatives market and the dollar system, and gold and silver will be the safest Noah's Ark for world wealth.Increasing China's gold reserves and silver reserves by a large amount has become an urgent issue.

Cantonese Grain It is to promote both the government and the people, and greatly increase China's official and private gold and silver reserves.All gold and silver mine resources in China must be strictly protected as the most important strategic assets and fully nationalized gradually. Internationally, we should vigorously acquire gold and silver production companies as a supplement to China's future gold and silver resources.The ultimate direction of China's currency reform is to establish a dual-track currency system supported by gold and silver that is in line with China's national conditions, realize stable currency weights and measures, and complete strategic preparations for the world's major reserve currency.

Slow to become king It is necessary to fully take into account China's own difficulties and limitations.The rise of a world power is all about its unparalleled innovation capabilities. The so-called power is the ability to produce a large number of brand-new products and services that cannot be replaced by other countries. Thoughts and concepts.At present, China is only making great progress in imitating Western production technology on a large scale, and it is still far behind in terms of ideas and scientific and technological innovation.Especially in the field of ideology and culture, there is a serious lack of self-confidence in civilization. An important manifestation of lack of self-confidence is the inability to distinguish the rationality and irrationality of Western systems, the lack of moral courage to criticize their obvious absurdities, and the lack of courage to try things that the West does not have. , lacking the courage to try to establish new world rules.All of this is not a problem that can be solved overnight.So China can only move slowly.