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Over the past few years, the United States has been constantly creating economic warfare in the international community by virtue of its global influence.
Especially when there are problems in the US economy, the first thing they think of is to pass on these problems and use international wealth to resolve the economic problems facing the United States.
In order to successfully pass on economic risks, the Fed took advantage of the ability to manipulate the US dollar, the world's major currency, to adopt a loose quantitative monetary policy, and then used the way to raise the US dollar interest rate to attract a large amount of capital back.
After printing a large amount of money, the Federal Reserve will flow these funds to the international market, and then use these funds to drive more funds into the United States.
In the past, the United States has used this method many times to absorb the wealth of other countries.
Recently, the United States is still using the influence of the dollar to try to pass on economic risks. to the wealth of the rest of the world.
Over the past two years or so, the Federal Reserve has raised interest rates several times in a row, which has not only caused heavy losses to European countries, but also exacerbated uncertainty in international financial markets.
In addition to harvesting the European economy, the Fed has been pushing the dollar strong in recent times, repeatedly delaying the expectation of interest rate cuts, and pointing the risk of economic crisis to Asia, trying to set off a financial storm in Asia.
In this financial turmoil, the United States originally planned to further promote the liquidity of the dollar in the international market by raising interest rates, causing the currency exchange rate of other countries to collapse, so as to complete the goal of harvesting.
However, the U.S. government did not expect that the Asian economic harvest would end in a fiasco.
At the same time, in this financial harvest, the mainland currency not only successfully resisted the risk of being harvested by the United States, but also ushered in a further increase in the influence of the renminbi in the international community.
Especially in the case of the further weakening of the financial hegemony of the US dollar, with the increasing global trade volume of the mainland, it also means that the influence of the RMB in the international community has been further expanded.
In this financial harvest, the United States originally targeted China, the world's second largest economy, because the mainland's economic growth has been in a relatively stable state, and the RMB exchange rate has always maintained a relatively stable level.
It was very difficult to successfully harvest China's wealth, which led the US government to point the finger at Japan and cause the yen to fall sharply.
Judging by the speed at which the yen has depreciated in recent times, the risk of a yen collapse will further widen if the Japanese government does not intervene.
In order to avoid this, a rapid rebound occurred when the yen fell to 160 points.
This phenomenon immediately attracted the attention of the outside world, and some pointed out that the Japanese government must be behind the operation to avoid a further decline in the yen.
The U.S. government may have thought the same way, and U.S. Treasury Secretary Janet Yellen immediately issued a warning to Japan, demanding that Japan should not make any resistance.
Perhaps, in the eyes of the U.S. government, Japan will heed the U.S. warning and remain silent in response to the decline in the yen's exchange rate.
After all, for so many years, Japan has always obeyed the arrangements of the United States and has often cooperated with the United States.
However, what the US government did not expect was Japan, which did not heed the warnings of the United States. On the contrary, it took only half an hour after the collapse of the yen to prevent the depreciation of the yen.
It is understood that Japan may have invested huge sums of money to avoid the continued decline of the yen exchange rate.
In addition to Japan, the exchange rates of countries such as South Korea and Vietnam have also changed dramatically during the financial turmoil.
Like Japan, South Korea has recently reacted aggressively to the U.S. despite being an ally of the United States.
It is understood that the relevant departments of South Korea previously conducted an investigation and found that there have been 9 global investment banks with illegal short-selling problems.
Originally, the United States hoped that through this economic harvest, it could collect a large amount of wealth from Asian countries, but it never thought that Japan and South Korea, which had always been better with it, would take the lead in resisting, and the United States' harvest plan finally failed miserably.
What the US government did not expect was that at such a critical moment, the Fed also suddenly changed its position.
It is reported that the Federal Reserve has previously announced the corresponding plan, and will further slow down the pace of balance sheet reduction.
In the field of the US economy, the Federal Reserve is a very important institution, which is not only independent of the US government, but can directly decide whether the dollar will cut or raise interest rates.
Not long ago, the relevant person in charge of the Federal Reserve said that it will continue to maintain high interest rates in the future, but the speed of balance sheet reduction will be further slowed down.
Recently, the economic development of the United States is not optimistic, especially the inflation problem is still very serious, and the non-farm employment data in the United States has declined sharply compared with before.
In response to this situation, the Fed said that if the unemployment rate continues to rise, then it will definitely take action next.
It's just that now the U.S. economic harvesting plan has failed miserably, and the U.S. is facing an increasingly severe inflation problem, in this context, the Fed can only change its attitude, what is the next economic trend in the United States? Let's wait and see.
What do you think about the Fed's interest rate hike harvesting the world's wealth? Welcome to discuss in the comment area!