"Why does China hold huge US bonds?" In recent years, many people, including LZ, have doubts about this issue, and at the same time, more people have taken advantage of this doubt, which comes from early rumors. ....
I will teach LZ. ....
First of all, "why" holds, and you understand it as "motivation". In fact, you should first understand it as "cause": why do you hold American bonds.
This is easy to understand. It was exchanged with foreign exchange reserves. Where do foreign exchange reserves come from?
It comes from our international trade surplus.
In other words, our exports exceed our imports ... where will this "amount" go? It won't go anywhere, it will become a foreign exchange reserve.
Why not "RMB" but "foreign exchange reserves"? Let me give you an example to clearly understand why foreign exchange reserves can't circulate in China.
1, the national of country A has 100 unit resources. Country A (Z, f) printed 100 currency corresponding to this 100 resource, and one currency was used for domestic trade. Suddenly one day, country B told country A that we should do international trade. How to trade? First of all, country A took out 10 and bought 10 resources from the nationals of country A. Then, country A exports 10 resources to country B, and country B pays 10 currency from country A. 。
At present, country A has 90 coins and 10 coins of country B, while country A has 90 resources and 10 coins. Is there 90 coins and 90 resources circulating in China, or 1 one?
The 10 notes of country B are our foreign exchange reserves. Why not circulate it to China? Because 100 is exchanged for 90 resources instead of 1 block, the price will increase.
2. What is international trade? That must be a deal with foreigners. The money you receive can't be RMB. You have received billions of RMB from Japan, and you have to sweat and ask Japan how to print RMB. Since it is a foreign currency, it cannot be circulated in China. After the massage, you pay with Vietnamese dong. Pimps will not accept it.
Explain foreign exchange reserves, and now explain American bonds. Decades of foreign trade will inevitably hoard huge amounts of foreign exchange. Since the United States became the world currency, the means of payment for international trade have been gold and dollars. Gold is a resource, and dollars are paper. How much are you willing to pay? Must be dollars. In that case, change your pound, Japanese yen, Korean won, Vietnamese dong, Thai baht, Philippine peso, mark and rupee into dollars.
That's why we hold American bonds ... because of our trade surplus; The motivation for holding is because the United States is an international currency. ...
In fact, it's as simple as farting ... there are countless people like this on the first floor ... what's incredible?
Here, I have to talk more about the popular online "book loss" and "what if the United States doesn't pay back the money?"
If the book loss is direct, it does not exist. If there is such a word, it is not. They said, "Our RMB has appreciated. In the past, our $654.38+00 billion bonds could be exchanged for RMB 80 billion, but now we can only exchange RMB 50 billion, which is a loss of RMB 30 billion! ! ! "Be careful, don't be fooled-what's the standard for converting dollars into RMB? It is based on the exchange rate. And what is the basis of exchange rate? It is based on the purchasing power or gold content of two currencies in different economies. That is to say, today it can only be exchanged for $65.438+0 billion of RMB 50 billion, and what it can buy is the same as what it was exchanged for $65.438+0 billion of RMB 80 billion yesterday. ...
There is a stupid logical relationship between them. How much wealth do you think RMB appreciation will lose? Does that mean how much wealth you have earned by depreciating? If it is true, the economic laws known by netizens in China are really beyond the historical process of mankind, then we can conquer the earth within 2-3 years, and immediately close factories and shops to devalue the currency, and we will become the richest man in the world ... Oh yeah ~ .....
He also said that if the United States does not pay us back, we will all be suppressed by the United States in the future. ...
Be careful, be careful, don't be fooled ... As long as America is not extinct, the dollar is still valid. You said that the United States announced that it would not recognize our bonds, right? Does he know Japanese? Do you know any English people? Can you recognize the bonds he issued in 200 countries around the world? Have to admit? If you don't recognize the United States, you have to learn from the Qing Dynasty. Since you know, how can you not know our relationship? If our bonds first circulate to Japan, then to Britain, then to Asia and Europe, and then to the United States, do you still recognize whose bonds this is?
Only when the United States and our two countries no longer trade with the world will the United States not pay back the money. If you don't recognize a bond and a foreign exchange, it means that you have given up a trade. Will Obama make it impossible for the current owner of the United States to export? Impossible, when the money owners get angry, the whole United States will tremble. ....
Please try to understand, because I have tried to make you understand. It's not easy to type so many words-//