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Opportunities for foreign exchange opening up
The ratio of RMB in global foreign reserves hit a record high. Opportunity or test? The proportion of RMB in global foreign exchange reserves has reached a record high, which is both an opportunity and a test. The contradiction between the West and China is structural and irreconcilable. Unless China abandons industrial upgrading and is willing to fix itself at the middle and low end of the industrial chain, it will always be the supporting equipment of western industries (just like low-end supporting equipment such as assembly and processing of Apple mobile phones, warehousing and logistics). Or the West should abandon the top of the industrial chain and be willing to provide supporting facilities for China. Otherwise, the struggle between the two sides is bound to be a battle of life and death. At the top of the global industrial chain is the financial services industry, which is the most profitable industry. As I said earlier, since the Bretton Woods system established the hegemony of the US dollar in 1945, the profits made by western capital through collecting seigniorage and the depreciation of the US dollar have exceeded1000 trillion US dollars, which is equivalent to 1 1 times the GDP of China in 2013 years. Ordinary Americans can get unemployment benefits every month even if they don't go to work (about 1800), which is converted into RMB 1 1000), which is higher than the income of most people in China. In order to make all the people in China live a prosperous life, it is necessary to establish the RMB standard system.

It indicates that a country with high-quality natural resources and sufficient population base and gradually improving its industrial base can better consume the products produced by other developed countries and the output of product resources under the global economic integration. Until the industrial base is upgraded, the social labor force will face a new round of value and potential stimulation different from the previous forms. It is not known when the industrial base will be upgraded, but this process needs the support of the socialist spirit. I hope that our compatriots Qi Xin and Qi Xin will work together to contribute our physical strength and intelligence and work hard for China to become a developed country.

Why can the dollar be printed "without restraint"? Because it has become the world currency in various ways, the dollar reserves of other countries (held in various forms) cannot be divided into Zhong Ping. Therefore, the Fed is very busy and will cut interest rates and raise interest rates in the future. Aware of the risk of a single foreign exchange reserve of the US dollar, the country will increase hard currency such as gold as one of its reserves, and then there will be the euro zone and of course other currencies to spread the risk. Therefore, we should also develop in this direction. Whether we invest or sponsor in other continents or countries, it is no joke. Benefits, think for yourself.