【在 t******y 的大作中提到】 : Good point,但是,那还不如直接做人民币了。 : 不要搞间接的。除非间接的还有另一个辅助的有利因素。 : 就像能搞黄金就不要搞DUST/NUGT。
g*s
5 楼
To be included in IMF SDR needs key support from U.S. The five-year SDR review is likely in November, since the last five-year review was in Nov. 2010. Xi will visit US in September; We should have largely known the results by then.
【在 g********s 的大作中提到】 : To be included in IMF SDR needs key support from U.S. : The five-year SDR review is likely in November, since the last five-year : review was in Nov. 2010. : Xi will visit US in September; We should have largely known the results by : then.
自贸区 counts $1 out of $1 million the trade? if is far from RMB free trade.
k*a
23 楼
M2 is the key, RMB basically split every 5-10 years into 2. The new RMB will be loaned to high class citizens. Who can trust this kind of scheme if it is free trade?
【在 k*****a 的大作中提到】 : M2 is the key, RMB basically split every 5-10 years into 2. The new RMB will : be loaned to high class citizens. Who can trust this kind of scheme if it : is free trade?
【在 k*****a 的大作中提到】 : M2 is the key, RMB basically split every 5-10 years into 2. The new RMB will : be loaned to high class citizens. Who can trust this kind of scheme if it : is free trade?
The key difference is actually government. Chinese government can put any bit into computer (X Trillion out of blue) and call it money, it is only available China, it is what made the investment mania today. That's why it is difficult to be reserve currency. Chinese economy is investment economy. 2015 YOY construction spending is another 30% increase, now the problem is only capable buyer is Chinese government and a few elites. It is another way of culture revolution in economical terms, with a simple belief of human can beat nature's law. Somewhere down the line there will be another XX trillion out of blue, just pushing the shitizen's saving into toilet to make sure they start buying ( well at least CPI is high, not high enough). I think the circle is nearing the end. shitizen can't afford, the crash in asset value came in too late. Currently, the few elites has only appetite for stocks, i think the party is not over. No matter how, holding RMB is a tough position as it can't cross boarder except a few elites.
【在 k*****a 的大作中提到】 : The key difference is actually government. Chinese government can put any : bit into computer (X Trillion out of blue) and call it money, it is only : available China, it is what made the investment mania today. That's why it : is difficult to be reserve currency. : Chinese economy is investment economy. 2015 YOY construction spending is : another 30% increase, now the problem is only capable buyer is Chinese : government and a few elites. It is another way of culture revolution in : economical terms, with a simple belief of human can beat nature's law. : Somewhere down the line there will be another XX trillion out of blue, just : pushing the shitizen's saving into toilet to make sure they start buying (
【在 k*****a 的大作中提到】 : The key difference is actually government. Chinese government can put any : bit into computer (X Trillion out of blue) and call it money, it is only : available China, it is what made the investment mania today. That's why it : is difficult to be reserve currency. : Chinese economy is investment economy. 2015 YOY construction spending is : another 30% increase, now the problem is only capable buyer is Chinese : government and a few elites. It is another way of culture revolution in : economical terms, with a simple belief of human can beat nature's law. : Somewhere down the line there will be another XX trillion out of blue, just : pushing the shitizen's saving into toilet to make sure they start buying (
Key to SDR is able to make to reserve. Would you trust money can be pulled from thing air? What about China issue 1 Trillion RMB note for each 1 RMB? No check and balance --- that's what Chinese government is fighting to have. Imagine a county work hard for 1T SDR, where 10% is RMB, and then China issues 1T RMB note for every RMB.
【在 k*****a 的大作中提到】 : Key to SDR is able to make to reserve. Would you trust money can be pulled : from thing air? What about China issue 1 Trillion RMB note for each 1 RMB? : No check and balance --- that's what Chinese government is fighting to have. : Imagine a county work hard for 1T SDR, where 10% is RMB, and then China : issues 1T RMB note for every RMB.
C*5
48 楼
你的基本概念是一坨浆糊啊。别辩了,还嫌不够丢人吗?
【在 O**l 的大作中提到】 : 有啥不一样 搞笑 你不会又扯你的储备吧
k*a
49 楼
No, FED requires to issue note only to the values, that is the KEY difference. Chinese central bank can issue note by order of government buying thin air. All other banks except totalitarian, issues money by accepting a promise of payback (Gold, or government bond, in which case, government promise to payback in future preset date).
【在 k*****a 的大作中提到】 : No, FED requires to issue note only to the values, that is the KEY : difference. : Chinese central bank can issue note by order of government buying thin air. : All other banks : except totalitarian, issues money by accepting a promise of payback (Gold, : or government bond, in which case, government promise to payback in future : preset date).
k*a
51 楼
No, whatever government request for printing, they need to deposit as bond to central bank, and which has a set date for paying back. Therefore, there is no at-will-dilution. The bond is not the full amount of money, $100 bond of next year will give government $99 to spend, but need to see a contract ( bond) to give it back -- that's why it is government guaranteed value. In China, it is at will, no need to pay back. Government ask for central bank 100, it gets 100. There is no need for central government give a dime to central bank to balance it. Shitizen's money can be diluted whatever way they want, and the dilution is siphon through special class of people as investment. This 100RMB basically goes some class of people which enjoys all the privileges. That is the difference. Most government really don't own money other than through tax, while Chinese government has infinite amount of money through sucking it up from shitizens' pocket through dilution. CCP did it a couple of times, even the new-years party joked about it in the 80s. It happened through out the CCP history, and it will happen again and again. Theoretically, there is nothing really stopping Xi daughter's to start a bank, with central bank giving her 1 trillion-trillion RMB money as loan reserve. Then whole China will be hers, and shitizens can really declare themselves as people of central kingdom. At end of day, you see federal reserve system is just a protocol of how to translate value to value (even QE is buying back the government bond). USD is basically a reflection of this protocol. You can certainly put trust on a fiat as RMB, and it also served good as it forced people into investment mania, which worked really well in the last 30 years.