1, the fundamental reason for the high foreign exchange reserves is that enterprises extract too much labor. As the wealth created by enterprises, foreign exchange reserves are only superficial phenomena. There is a simple reason. After selling foreign exchange, the enterprise has recovered local currency funds, including capital and profits. At this point, the enterprise has completely and fully taken away the consideration, unless it encounters unfair transactions, it can be said that it has not lost a value atom. In this case, the huge foreign exchange reserves accumulated by the country year after year can only be created by employees employed by enterprises, and they are composed of the value they deserve but have not received. Imagine that if employees get what they deserve, it is impossible to sell goods at such a low price abroad. If the price is high, the sales volume will be small, and the import and export will be naturally balanced.

2. The reason for the high foreign exchange is the national barrier. Foreign exchange reserves are actually a kind of' creation' of the country. Because of the existence of national barriers, a country can only circulate its own currency at home. After an enterprise's export products or services are converted into foreign exchange, it must convert foreign exchange into local currency to facilitate its own business activities. Those enterprises that need to import products or services just need foreign exchange, so they exchange their RMB for foreign exchange of export enterprises. What if our enterprise has too much foreign exchange? Then the foreign exchange will depreciate until the importing enterprises feel that it is cost-effective and have greater enthusiasm to exchange these foreign exchange, and finally they can always exchange these foreign exchange. On the other hand, the same is true. Therefore, if the government does not intervene, foreign exchange will circulate freely in the market like a commodity, and its price will fluctuate, which will eventually achieve foreign exchange balance, so there will be no large foreign exchange reserves. If the law requires banks to participate in foreign exchange transactions, banks will not hoard foreign exchange because it will occupy funds. Charging transaction fees is a better way for them to make money.

3, foreign exchange reserves, oh! I don't know. One day, I slowly entered the wallet of capitalism. ...