The total amount of money derived from the base currency generated by foreign exchange is about 4 times.

The monetary growth rate is about 20% per year.

Since 1980s, broad money has increased by 275 times in 30 years, and its relative purchasing power has evaporated by 99.6%.

The increase of agricultural products is limited.

Depreciation of manufactured goods

High financing and low investment in financial markets

The harder it is to copy, the more valuable the asset is.

The manufacturing and export sectors mainly concentrated in Southeast Asia have continuously and systematically exploited mainland residents, and the influx of young people has further aggravated this redistribution.

China's central bank's foreign exchange holdings are mainly for maintaining export enterprises, so they are the beneficiaries of currency issuance.

The success of manufacturing entrepreneurs is largely due to the support of the government.

On the Asset Price of Foreign-funded Enterprises

Since the new era, the broad money has fallen sharply, which no longer leads to huge foreign exchange holdings, and there is room for tax reduction. The bottom group has a certain consumption power.

America's annual trade deficit minus the positive return on investment,

The annual expansion rate of the balance sheet is about 18%, depriving the global depositors of their rights.