In modern society, property rights and currency are the two major tools for human society to allocate resources and benefits. Property rights are the form of use value of resource allocation, and resources and benefits are allocated by tying the value of goods. Money is the value form of resource allocation. It allocates resources and benefits by biting the value of goods. Through transactions, goods and currencies are linked by the use of value and value, forming a reverse movement that not only allocates resources, but also forms a cycle of goods and currencies, which in turn constitutes a complete economic cycle.
Functionally speaking, property rights are the distribution of the use value of wealth, and the merit of money is the value distribution of wealth. Therefore, the issuance of money is the distribution of the world’s wealth from the value.
Currency is the general symbol of value. The US dollar is the American symbol of value. The renminbi is the Chinese symbol of value. What is the difference in their meaning in the distribution of world wealth?
First of all, we must understand the fact that there is no national sovereignty in the financial sector, that is, the state is not a sovereign in the financial sector. So who is the sovereign in the financial sector? A world corporation or a world government that is represented by humanity as a whole. We know that the government is the main body of modern currency, but the existence of international economic and trade cooperation requires the establishment of the world’s central bank to unify the issuance of world currency, because the world currency is the common value of human beings and the embodiment of human undifferentiated labor, from the legitimacy and science. Sexually speaking, the world’s central banks should be unified to issue world currency, that is, the world’s central banks and the world’s currency are the only ones.
However, the world’s central banks and the world’s currency do not exist, the world must tolerate the reality that the currency of the financial power is the world’s currency, and the currency of the weak financial country is the colony. In this capital society, the world’s central banks and the world’s currency can only be exchanged by the world’s most powerful central bank and currency, so that the Fed and the US dollar become the main central bank and the main currency. In a sense, the Fed replaces the role of the world central bank.
The dollar acts as a currency broker. Therefore, we have seen the difference in the status of the US dollar and the renminbi in the distribution of world wealth: the US dollar is a universally recognized value symbol. It is printed to produce value and will become a foreign exchange reserve and settlement method for other countries. The renminbi is different and printed is not equal. Produced value, on the contrary, only in sync with the use of value production, will not destroy the existing value and use value system. The renminbi is a vouchers of world currency in China guaranteed by huge use value. The level of RMB exchange for the US dollar depends on how much China can produce for the United States to meet the needs of the United States. In this sense, the US dollar has become the main currency, and the renminbi has to become a colonial currency.
“The Central People’s Government of the People’s Republic of China was established! The Chinese people have stood up since then!” This is the most beautiful voice of the 20th century, but few people really understand it. Due to the emergence of the central bank and the banknote system, modern countries are only linked to property rights. The so-called state independence is in the sense of property rights. There are no independent countries in the sense of money and finance. The United States, Japan, and the United Kingdom are not independent countries. Because they are countries controlled by financial capital, they cannot issue money according to independent will. Among them, the United States is the most obvious. The Federal Reserve is a private bank. The US dollar is the US government’s borrowing from private banks.
However, the new China in the Mao era is that we can issue currency in accordance with the independent will and needs. The social system of New China is based on the social contract and is the latest achievement of human exploration of socialism. Therefore, the results of the first 30 years are numerous, but the ultra-modernity also makes the old laws of the world impossible to match. Our system needs to return to the place where it can be connected with the old system in order to use the old system and its supporting old resources to grow. This has reform and opening up. However, reform and opening up is the track of the new system to take over the old system. The direction of development is still that the new system grows in the mother and ruins of the old system, rather than falling back to the old system. For example, in terms of property rights, the introduction of private ownership is to improve the legitimacy of public ownership and private ownership, rather than the privatization of public ownership. For another example, the goal of financial reform is not to become a colony of international financial capital, nor to be the status of the US central bank and the main currency.
Obviously, before the reorganization, China was not a financial colony. However, when China reformed and opened up and integrated into the US-led Western economic system and financial system, it must have entered as a enslaved person–joining the US-led Western economic system and obtained The equal position of the market in property rights, the consideration is to abandon monetary sovereignty and the equal status of the market in the currency, and recognize the legitimacy of the US central bank and the main currency. The dominant position of public ownership has made us basically block the invasion of Western capital in property rights. However, in the currency, we are forced to recognize the legitimacy of the US central bank and the sovereign currency. Therefore, the beginning of the reform is the beginning of financial colonization. The opening of finance is the financial colonization based on the independence of property rights.
China’s opening up to the outside world is essentially a surrender to the status of the US central bank and the main currency. The reason for opening up is the Western legal and theoretical advantages and the need of the Chinese elite to worship.
Mastering the value of China, it basically controls China’s use value, and basically controls China’s economy. For example, RMB foreign exchange issuance, Americans print US dollars to buy Chinese goods and services, and Americans hold foreign exchange. The RMB issued by the company purchases China’s high-quality assets and controls the Chinese industry. The Chinese financial authorities buy the US dollar as a US government bond with very low interest rates. In the face of such facts, do we not recognize that China is a financial colony of the US dollar is patriotic? We can’t avoid the fact that there is no real national sovereignty in the financial sector and no sovereign currency.
Fortunately, China still holds the currency distribution method of land finance (the system monsters derived from public ownership in the market economy), which makes the expectation of the US demise of China fall short, and China therefore grasps the small value production power and thus maintains A small piece of financial power. It can be seen that the US dollar had already wiped out China since the 30 years of public ownership.
At the beginning of the reorganization, China surrendered to the US dollar, followed by the US acquisition of China at the value level. Sino-US trade settled in US dollars, bound foreign exchange reserves to issue RMB, developed economics according to comparative advantage theory, and abandoned independent economic development, resulting in 15 The financial reform of the stock market disaster… However, the value of the United States to China has not been completed, leaving one of the most important barriers – capital projects are freely convertible, which gives us the opportunity to colonize. Capital projects are not freely convertible. They are the last hand of China’s power to control capital and the last gate of so-called financial power. Once opened, China’s so-called financial sovereignty will be lost, and foreign financial capital can be short-selling China. In case of failure, we can cooperate with the unprecedented privatization of state-owned enterprises and hollow out China. The last step is just symbolic, the color revolution.
Why is it that the free capital exchange of open capital projects is brain damage? Capital projects are freely convertible, serving the western financial capital, facilitating capital in and out, increasing capital freedom, suitable for the main central bank and the world’s currency countries, for their financial capital to arbitrarily ravage financial colonial countries, tailored for Western countries , proprietary system. As a financial colonial country, why does China promise that free capital exchange is freely convertible? The first is to replace the main central bank and the world’s currency countries, become financial hegemons, and improperly obtain value from the world. According to China’s mass, this is completely impossible, because the world can’t support such a large 央行 main bank and the main currency. We will be killed by Western powers and the world as bad guys. The second is that the head is flooded. I mistakenly believe that the western financial system is superior and must be in line. As a result, the reform has gone too far and the opening has gone too far.
From the perspective of the relationship between financial reform and other reforms, financial colonization seems to have other reforms that are conducive to China, and promote China’s property rights independence and economic development. This has to be explained in two ways: First, the financial colonization has not been completed, and it is not enough to swallow up other reform achievements. Second, other reforms have insisted on adhering to the dominant position of public ownership, which has blocked the pace of privatization and limited the devour of the US dollar against the Chinese economy. Moreover, the economic development in the early stage of the reform borrowed the light of the institutional and economic foundations of the previous 30 years. After the 18th National Congress, it borrowed the light of independent development. The roads in these two periods are basically correct, one is not far from the deviation, and the other is to return to the correct, thus ensuring the relatively healthy development of China’s economy. But in the middle of these two periods, we are doing very poorly, and many industries are controlled by foreign capital. The other reforms of this period are consistent with the spirit of China’s financial colonization. Therefore, without financial colonization, China’s other reforms will do better, and the achievements of other reforms cannot be attributed to the cooperation of financial colonization.
Huang Weidong: “Why does dollar hegemony exist for a long time? “The most important feature of the so-called dollar hegemony is that Americans can print large amounts of goods and factories in other countries’ markets,” and believe that the dollar hegemony was in the 1990s. This is in line with the fact that China became the world’s largest textile producer and exporter in 1995. In theory, as long as the US dollar is bound to the Chinese economy and China’s industrialization has made a big start, the US dollar and the United States are invincible in the world. The inflation of the United States and the credibility of the US dollar in the world have been solved and a gift has been attached. – High wages and low prices.
However, the United States cannot allow China to abandon its dominant position and independent development path. The continued development of China’s industrialization requires a dollarization to improve the status of the renminbi. In the future, the central task of China’s financial reform will be to decolonize, lead the world to be colonized by colonial countries, gradually establish the World Bank, and uniformly issue world currency.
China’s financial colonization is an inevitable outcome of reform and opening up. Financial reform and opening up have even played a role in coordinating financial colonization. However, our financial reform and opening up is generally the management and restriction of financial colonization. As for the promise of free exchange of open capital projects, it has to be said. If it is a promise of humbly and falsely, it can play the role of paralyzing opponents; if it is done, it can only be said that there is more financial science, or it is bad to learn the brain, or to learn the conscience.In modern society, property rights and currency are the two major tools for human society to allocate resources and benefits. Property rights are the form of use value of resource allocation, and resources and benefits are allocated by tying the value of goods. Money is the value form of resource allocation. It allocates resources and benefits by biting the value of goods. Through transactions, goods and currencies are linked by the use of value and value, forming a reverse movement that not only allocates resources, but also forms a cycle of goods and currencies, which in turn constitutes a complete economic cycle. Functionally speaking, property rights are the distribution of the use value of wealth, and the merit of money is the value distribution of wealth. Therefore, the issuance of money is the distribution of the world's wealth from the value. Currency is the general symbol of value. The US dollar is the American symbol of value. The renminbi is the Chinese symbol of value...