Chapter 820

A country's foreign exchange.

It is the foundation of financial markets.

It is also a barrier to national wealth!

Foreign exchange generally adopts "fixed exchange rate system" and "floating exchange rate system".

"Fixed exchange rate system" is a fixed binding between the exchange rate of national currency and the subject matter with stable value and strong purchasing power such as gold or US dollar.

"Floating exchange rate system" fluctuates according to the requirements of money supply and demand.

Because the "fixed exchange rate system" has a value target, and the target is stable, the wealth barrier is strong.

It can adequately protect national wealth.

"Floating exchange rate system" is to open the door of national wealth to the capital market

The ups and downs are the most intense!

And no security barriers!

Therefore, the "fixed exchange rate system" is much better than the "floating exchange rate system" in stability and security.

The first country in the world to adopt the "fixed exchange rate system" is the "United States", which sets the gold price at $35 an ounce, completely establishing the global trade value of the United States dollar.

Therefore, the dollar has the title of dollar!

Gold is a non renewable precious metal with industrial, financial and collection effects.

This move of the United States is very powerful!

Looking around the world, gold has represented wealth since ancient times... Therefore, when the United States began to infiltrate financial and trade into other countries in the world, it recommended taking "US dollar" as the target, implementing the "Bretton Woods system" and making "US dollar" the world currency!

It has become the monetary target of most countries affected by western capital.

In the eyes of those third world countries that trust western capital, the US dollar is equal to gold. What's wrong with taking the US dollar as the target of "fixed exchange rate"?

This is no different from using gold as the standard.

There can also be U. S. economic assistance, trade preferences, tariff relief

It's blood!

Therefore, each country under the Bretton Woods system has to reserve some US dollars for every currency printed.

To ensure currency stability.

Ensure the international exchange rate and purchasing power of currencies.

So as to trade and develop the country.

You know, a country cannot develop on its own... It can only make a living at most.

Only by opening up exchanges and trade can China's accession accelerate development.

At this time, the currency exchange rate is the chip of national trade.

Unfortunately, many countries do not know when to open and when to open, they will be cut leeks.

When the "Bretton Woods system" was built, the United States immediately cancelled the legal price of "US dollar" for gold and completed a wave of operation of harvesting leeks.

Finally, those countries can only admit their accounts with their noses, take the "US dollar" as the foreign exchange target, and completely tie their national wealth to the train of the United States.

On the surface, this train will bring them rapid development.

In fact, they completely expose their own wealth and financial system to each other's tusks.

"A 3!"

Box.

Card table.

Zhuang Shikai threw down a "spade 3" and first added a bottom card to the empty card table.

Sima Xiang sat on the left side of the card table.

"A 6."

He drew a card, shook his hand and said.

"A K."

Wei Hang sat on the right side of the card table and left a "box K" to follow.

Zhuang Shikai held a card in his hand, with a glass of wine and a cigar in his hand.

The cigar was leaning against the ashtray.

A curl of white smoke rose.

Chen Zhan, Huang Shitong and others were injured, holding a wine cup and standing at the card table. They were divided into two groups, each looking at the hands of "Wei Hang" and "Sima Xiang", but no one dared to look at the hands of the big boss.

This late at night, in the "landlord Association" box of the Peninsula Hotel, the big boss's favorite "fighting the landlord" began to play again.

Among the 100 cards of the landlords' Association, it is rare for a big boss to participate... Since it is a card game with the participation of a big boss, everyone naturally plays a lot. Each default bottom bet is a "thousand foot mansion", and the landlords want two!

Bombs, sky cards and landlords have doubled!

So there are no chips or cash on the card table.

This is a hundred times more heroic than Huang Shitong, Chen Zhan and others who filled the table with cash and lost more than 100000, more than 100000!

Of course, not everyone is qualified to play cards with the big boss.

Tonight, the big boss wants to talk about business while playing cards. Only Sima Xiang and Wei Hang can play with him. Others can only watch "spiritual participation" nearby. I can't sit in a card game all night.

Because Sima Xiang is the leader of the landlord's Association, and Wei Hang is a newcomer valued by the "big boss". He has just come back from actual trading to earn $3 billion for the big boss

As for Luo Minsheng? He usually can't even go to the card game of Huang Shitong and others. He can only be a waiter next to him!

It was also lucky for him to sit in.

"Crush."

Zhuang Shikai left a "2" sermon.

Sure enough, Sima Xiang and Wei Hang said.

"Three with one."

Zhuang Shikai threw down four cards: "after World War II, the vast majority of Asian countries imitated the financial system of western countries. Except for the mainland of China, Asian countries and regions with better economies were under the 'Bretton Woods system'."

"If the United States decouples the dollar from gold, it is the first time to cut leeks."

"Then the release of the US dollar and the printing of money is a harvest for the 'Bretton Woods system' countries in Asia."

"And the upcoming Asian financial storm!"

"It is another plundering of Asian wealth by western capital!"

At this time, Sima Xiang also dropped four cards and said aloud, "there is no way. Who makes the Asian continent lag behind the western continent after the industrial revolution?"

"Throughout Southeast Asia, apart from the mainland, who is not the younger brother of the west?"

"They are actively bound to the US dollar for the rapid development of the domestic bubble, which seems to have a short-term effect of rapid development."

"In fact, the root of the disaster has already been buried."

Things at the financial, economic and capital levels.

After all, it's all about force.

Today's world pattern is the distribution pattern of World War II!

Everything is based on the victory or defeat of the war and the strength of the country!

Cannot be changed!

If the mainland of the motherland had not fought, won and won a "war of national fortune" with the United States, how could it build today's pattern?

You know, the foundation of a powerful country has long been laid.

However, the motherland adopts an independent "foreign exchange control system", which not only allows the fluctuation of foreign exchange and the free market, but also restricts the exchange of domestic currency to foreign exchange, so as to build a strong national wealth barrier!

Like an iron wall.

Let the greedy and cunning international capital can't talk at all!

It can be said that this is the foundation of a strong country and the confidence of a big country. This is the difference between the motherland and all countries. Even the old capitalist countries such as "Britain" and "France" can not compare with it.

Therefore, visionary dignitaries saw the future prosperity of the motherland in the 1970s and 1980s! Will be crazy to curb, suppress and block the rise of the country!

Hinder the rise of great powers!

"Why is the financial storm called a financial storm?"

"Because once it starts, it won't stop... It will only scrape bigger and stronger."

"And once it blows, it must blow to Hong Kong Island."

"Still with the most fierce posture, it comes fiercely and sweeps through!" Wei Hang said playing cards.

"Yes."

Zhuang Shikai dropped a bomb and said lightly: "those small countries want to develop, in fact, our motherland also wants to develop. They tied their currency to the United States in exchange for the opportunity to join the WTO and do business with the world, but they gave up security. "

"The motherland controls the exchange rate, temporarily slows down development and holds security."

"But now the country wants to develop and the country must develop. As the window of the motherland, Hong Kong Island has temporarily undertaken the important task of the development of the motherland!"

"If the development of the motherland is not on the right track, the door to the WTO will not be opened. The historical mission of Hong Kong Island lies! Then I must guard the window of Hong Kong Island for the people of the motherland! We must break this crisis! "

"Pa!"

Zhuang Shikai left "one dragon": "no one can stop! You're going to die! "

He has regarded the 97 financial crisis as a conspiracy and suppression of the rise of the motherland by the western world.

Is it the pure wealth plundering of western capital?

Whether it is or not, the 1997 storm will actually have the "effect" of suppressing the motherland, because once the financial market on Hong Kong Island Falls, the road of development of the motherland will slow down, interrupt

And even miss the opportunity of the times.

Weaken the national movement!

Therefore, the financial storm is a stumbling block on the road to the rise of the motherland, and the stone must be kicked away!

Zhuang Shikai will smash it!

"Zhuang Sheng, but we don't have enough chips." Sima Xiang pushed his glasses and chose cards one by one. At the moment, he didn't know which card to play.

The main strategy of western capital is generally to buy a large number of currencies of the target country and then place huge short orders.

Wait until you have enough money chips, and then quickly pull down the exchange rate of the target country's currency by means of centralized selling.

Since currency transactions in the international market rely on "US dollars" to buy, if a country wants to hold its "currency value", it must take out sufficient US dollar reserves.

The vast majority of Asian countries' financial systems are not sound.

These imperfect financial systems are like pieces of tempting fresh meat, attracting Wall Street capitalists

These capitalists are a group of wolves smelling blood!

When the foreign exchange reserves of the target country can not hold the currency value, it will lead to panic selling in the world and eventually lead to currency decline.

How many percentage points will a blank order make a profit for every percentage point drop

This makes the capitalists' short list make a lot of money!

Often, an international currency pair completely abandons the code from abandoning the "fixed exchange rate system" to the "floating exchange rate system"!

In other words, it is difficult for western capital to make money in foreign exchange transactions, or even discount money. Their point of making money is to be short!

If Hong Kong Island wants to hold the market value of Hong Kong dollar, it has to go in two directions. The first is to acquire Hong Kong dollar chips and the second is to collect foreign exchange.

These two things are extremely complex operations.

Since other countries in Southeast Asia are unbearable and doomed to bankruptcy, in order to accumulate the chips in his hand, that is, "money", Zhuang Shikai also followed western capital as "international hot money" to make money in Southeast Asian countries!

The three billion Hong Kong dollars earned by "Wei Hang" in the Thai market is the three billion Hong Kong dollars earned by "Zhuang Ye" from eating rotten meat, bone marrow and bone marrow in the previous Thai market!

For the country and nation, he can not only devote his life, but also turn into a devil and strip people! Because from the perspective of the nation, except the Chinese, they are all enemies!

"Then earn more chips." Zhuang Shikai narrowed his eyes and preached aloud.