<h1 class="pgc-h-arrow-right" data-track="1" > Yang Xibing: The world inflation created by the United States is a financial war against China and a war of resource plunder</h1>
International commodities have a clear "spillover" effect on domestic commodity prices. "2021 Blue Chip Annual Conference" BOCOM International expert analysis believes that the next decade of commodities will be a new high in the violent oscillation.
At present, the high global commodity prices are not short-term cyclical laws themselves, but the financial war and resource plunder war made by the United States. I call it the dollar's "star-sucking dafa."
Demand for consumer goods made in the United States is hot
According to relevant media reports: unemployed workers in the United States can receive $1,000 / week unemployment benefits, a month, can get nearly 25,000 yuan. This is the salary that Chinese white-collar workers dream of.
4.3 million people in the United States have resigned, which is really called lying flat.
Where do their consumer goods come from? China!
Consumer goods manufacturers like Nike and Samsung have moved to Vietnam and are facing shutdown during the epidemic. Only consumer goods made in China are safe and cheap.
The impact of rising consumer prices on China
China is a big manufacturing country, although the industrial chain is complete. However, our demand and raw material production are very mismatched, and most of the demand is extremely dependent on foreign imports. In particular, steel, energy and food are the most demanding for foreign markets.
This is why the global commodities made in the United States have soared, and it just so happens that China is the most dependent on the international market. Among them, the prices of commodities such as copper, iron ore and coke, which are particularly related to China's demand, have basically doubled, and some have even tripled.
When commodity prices rise, it will inevitably cause China's manufacturing costs to rise. In addition, the large environmental impact and rising labor costs have directly affected the rise in manufacturing costs in China.
The key is to import inflation into China. In the short term, the country can achieve low inflation by suppressing the prices of consumer goods such as grain and pork. But in the long run, it will be far-reaching harm to China. Not only did labor relations break down, but it also disrupted the grain-centric price balance system. Through china's official "cooling" and creating a depression of world inflation, it will accelerate the depletion of China's resources.
The cost of resources and labor costs made in China has risen, and it is easy to go up and difficult to come down. Labor costs, in particular, cannot go back to the past. Like the exchange rate, it is also difficult to go back in time. Once the global economy returns to normal, this will seriously affect the sustainable development of China's economy. This will have a more serious impact on whether China's reform and opening up can continue. We need to plan ahead and prevent problems before they happen.
We should impose a resource protection tax on consumer goods exported.
As long as the "high temperature" in the United States does not return, we should impose a resource protection tax on exported consumer goods. Protect resource overdevelopment. Through price means, we balance the current price system and achieve the sustainable development of China's price depression economy.
We need to seize the price of gold and strip away the US economy
In 2019, there is one of the most basic principles in world economics, "who owns gold, who has the final say". Today, some experts and scholars in the United States have repeatedly said that gold cannot preserve its value, and it is foolish to speculate in gold. In fact, since the Second World War, the gold reserves of some economically developed countries in the West have remained high.
According to data provided by the World Gold Council, as of December 2020, the world's official gold reserves totaled 33,181.3 metric tons. Among them, the euro area (including the European Central Bank) totaled 10786.0 metric tons, accounting for 56.2% of the total; The signatories to the Central Bank's Gold Sales Agreement (CBGA) totaled 11,951.7 metric tons, accounting for 31.7% of the total.
When asked about gold, Draghi, the current president of the European Central Bank and former governor of the Italian Central Bank, said that gold is a safe reserve that can protect the risks caused by the fluctuation of the US dollar.
And France, the leader of the right-wing party le Pen, who was a candidate in the 2019 general election, even said that it is not only necessary to completely freeze the sale of gold in France, but also to ship all the gold reserves stored overseas back to France. According to official data, France's gold reserves reached 2436 tons.
In the United States, in this global inflation, all commodities continue to reach new highs. Only the price of gold is under pressure and will show a high-level shock pattern.
What is the support for DOLLAR credit? As the U.S. government continues to issue bonds, the U.S. government debt is as high as $28 trillion, and some institutions estimate it even higher. The national credit of the dollar has been shaken. The dollar oil system has also been shattered by the impact of direct settlement.
The only thing that can support the dollar's credit is the 8,000 tons of gold reserves. Once the lie that gold cannot preserve its value is broken, the dollar will be stripped away and eaten by the anti-"star-sucking dafa".
In this way, the US government can be forced to abandon the policy of currency over-issuance and return to the normal track. However, the American elite with the cowboy spirit of the West does not seem to put down the butcher knife! The world of the future is uncertain, full of crises and great uncertainties!
If the epidemic is a natural disaster, this is a terrible man-made disaster! Developing countries such as Brazil and India may become victims of the great power game!