However, in order to protect related industries in the United States, the United States has also imposed high tariffs. As a result, on the one hand, it has indeed inhibited imported goods from seizing the U.S. market, and on the other hand, it has aggravated inflation. Even if the United States still imposes high tariffs on Chinese goods during a period of high inflation, this proves that the United States does not attach much importance to reducing inflation. Their purpose is to reduce U.S. imports. During the epidemic, the United States placed a large number of orders for many Chinese companies, but my country basically refused to accept them. Their purpose is nothing more than to make our country's cheap goods reduce domestic inflation in the United States, so that people in the United States who have no savings can obtain various goods at lower prices. What our country receives after accepting the order has depreciated and will continue to depreciate in the future. Dollar. Can’t you understand this little trick?

The United States continues to raise interest rates in order to increase the exchange rate of the U.S. dollar (to allow the return of U.S. dollars to facilitate the next round of harvesting). Many countries are worried about the decline in the exchange rate of their own currencies and will also raise interest rates. In order to promote the economy, my country continues to lower interest rates. Reasons for the depreciation of the RMB. my country's CPI value is almost the lowest in the world. It will be almost close to 0 in the first half of 2022 and 2023. There is no risk of inflation at all (of course it is not deflation as some people say). Of course, interest rates must be cut to promote the economy. An interest rate cut means that loan interest rates and deposit interest rates fall at the same time. Of course, loan interest rates must always be higher than deposit interest rates, so that banks can make profits. When the loan interest rate drops, more people will take out loans to invest in buying houses because of the lower interest rates, which will lead to more employment in real enterprises in the society. However, because everyone's expectations for the future are not very good, even if the interest rate is lowered, there will be very few borrowers. , our country originally printed a large amount of money, but because the loan currency per person has been carried in the financial system, it has not flowed into the market to promote the economy and the CPI has not increased (since 2021, 2022, and 2023, the CPI has been at a low level of less than 2% for several months. wandering). When the deposit interest rate drops, people's willingness to deposit will also decrease, and they will use more money for consumption, which will stimulate the economy in a two-pronged manner. Although the decline in interest rates will cause the RMB exchange rate to fall, there is no other way. Economic issues must be based on domestic priorities. Cutting interest rates will do more good than harm to our country. After all, the benefits of my country's economic development outweigh the harm of cutting interest rates. For example, the disadvantage of a reduction in the total export trade is that the RMB exchange rate will fall, and goods exported to other countries will be cheaper when sold in other countries' currencies. People will increase their purchases of Chinese goods, which can make up for the unit price of export goods in terms of total volume. loss. In addition, Chinese enterprises have borrowed foreign debts. Because the RMB exchange rate has dropped, they need more RMB to convert and repay. Because the U.S. dollar exchange rate has risen, many investors holding U.S. dollars in our country will withdraw from China and deposit the U.S. dollars back to U.S. banks, which will in turn affect our country to some extent. Economy, and the increase in the exchange rate of the US dollar can also reduce the international payment ratio of other countries' currencies, especially the RMB. Who would do international trade with a currency destined to depreciate instead of the US dollar? The above involves the financial war between our country and the United States. This article will not go into details about the specific situation. Of course, our country is very clear about the drawbacks of raising interest rates, which will lead to the collapse of a large number of companies or at least a large number of layoffs, followed by bank failures and stock market crashes. Because loan interest rates have increased, many companies cannot afford to repay their loans and have no choice but to go bankrupt. Even if non-bankrupt companies have to lay off employees because they need to pay more expenses, banks cannot recover the money they originally lent and have to go bankrupt. If the deposit interest rate increases, no one will invest their money in the stock market. After all, the stock market has risks. Wouldn't it be better to deposit it in a bank and get interest without risk? For the same reason, no one is speculating on real estate anymore. The result is a pummeling of the economy.

The decline in the RMB exchange rate has also expanded the scale of the Sino-US economies. Using today’s exchange rate to convert China’s GDP into US dollars, our country’s GDP has not grown much or even declined. The problem is that a country’s GDP can only be calculated according to its own country’s GDP. Monetary calculations, otherwise what's the point? Of course, this method of comparing GDP through exchange rates is purely theoretical and does not make much sense.