trendy wholesale jewelry Why does the renminbi depreciate after China joined SDR?
2 thoughts on “trendy wholesale jewelry Why does the renminbi depreciate after China joined SDR?”
Leave a Comment
You must be logged in to post a comment.
trendy wholesale jewelry Why does the renminbi depreciate after China joined SDR?
You must be logged in to post a comment.
wholesale jewelry chokers Special Drawing Right (SDR, also known as paper gold) is a reserve asset and accounting unit created by the International Monetary Fund, also known as "Paper Gold". It is a right to use funds assigned to member states by fund organizations. When a member country occurs, it can be used to exchange foreign exchange from other member states specified in the fund organization to pay for the international revenue and expenditure deficit or repay the loan of the fund organization. However, because it is just an accounting unit, it is not a real currency. It must be replaced with other currencies when used, and cannot be used directly for trade or non -trade payment. Because it is an supplement to the original ordinary withdrawal right of the International Monetary Fund, it is called a special withdrawal right. On November 30, 2015, the International Monetary Fund officially announced the addition of SDR (special withdrawal right) on October 1, 2016. On October 1, 2016, the value of the five currencies of the five currencies of the five currencies of the five currencies of the US dollar, euro, RMB, yen, and pound of the special withdrawal right was determined. %, 8.33%and 8.09%.
RMB is included in SDR is an important milestone for RMB to become international reserve currencies. First of all, let's talk about currency. The currency is a special product separated from the goods to be fixed as general equivalent. Generally, equivalent is recognized by everyone, and must have the characteristics of stability and high gold content. If any currency becomes international reserve currency, it should ensure that the currency value is stable and the gold content should be high. Because SDR has formed a package of currencies in the proportion of major world economies in world economic and trade, he can objectively measure the gold content of the currency in various countries, and is accepted by SDR to recognize the currency to become international reserve currencies.
The recent experts said that it is not important to join SDR. The reason is that SDR is very low in foreign exchange reserves directly in various countries. A well -known financial expert in China has also sent a video to discuss why SDR is not important, but The blood drink was about to collapse in 1987. At that time, the Federal Reserve Chairman Walker had prepared to enable SDR to replace the US dollar. Finally, the Federal Reserve greatly improved the Federal Dharma interest rate to avoid the dollar. If the gold content of SDR is lower than the US dollar or it is not important, will the United States think of using SDR to replace the US dollar? of course not. Joining SDR can make the RMB a reserve currency for the central bank of other countries, which is an important achievement of the RMB internationalization. In order to prevent RMB internationalization from the United States, it can be described as exhausted. In 2011, the Nigerian central bank included RMB into the country's foreign exchange reserves. Since then, the Boko holy land supported by the Jewish forces has continued to attack the Nigerian Massacre. Whenever the RMB and which country reaches a exchange agreement or the establishment of the RMB clearing arrangement, this country will inevitably happen, which has become a natural law.
The RMB can be added to SDR. It is the victory fruit that China uses US debt to block international capital to return to the United States. After joining the SDR news, President Zhou Xiaochuan laughed and opened, which was the same as that the significance behind the Chinese Ambassador Qiao Guanhua's laughes was the same as that China returned to the Permanent member of the United Nations. Our experts dilute to join SDR because this is the first step in the RMB internationalization Long March, while the brickmen dilute the RMB and include SDR to "disinfection". By degrading the meaning of RMB to add SDR, we will continue to sing China.
It back to our other currencies in SDR. The US dollar, euro, yen, and pounds are all headed by Western Financial Group, led by Jewish capital forces. Sex has been lost, and the European Union was shaken by the Ukraine and Syrian crisis like a money -saving can. RMB is the first currency to break this pattern. Looking back at the Cold War period, even the Soviet forces did not break the barriers to international reserve currency when the Soviet forces were in the sky. The disintegration of the Soviet Union can be regarded as the consequences of rubles.
In AD 138 BC, Zhang Jian was ordered by Emperor Hanwu to the Western Regions and opened up the Silk Road. This is the first time in the history of Chinese history to open up the road to the Western world. The wealth of the world market has flowed into China along the Silk Road. This is an important external condition for opening the prosperous Han and Tang dynasties. Today, the renminbi becomes the door to international reserve currency, and it will also open the door to large -scale input to China in global wealth. Combined with China's Belt and Road, the rise of China will inevitably be realized.
So after adding SDR RMB to become international reserve currency, what impact will it affect the world and China?
. After the renminbi became a reserve currency, the central bank of the country reserved the RMB to crack the US dollar cutting strategy. What is the principle of American cutting wool? The trend of the US dollar is ten years of weak and six years. When the US dollar weakens, the dollar capital will export (lending) to other countries in the global output (lending), because the increase in foreign exchange reserves in the country will promote the stronger currency of the country, and the wealth corresponding to the US dollar will correspond to it. It is the strength of other countries. When the US dollar strengthens, because the dollar capital flows out of the country's currency lack of foreign exchange reserves to defend the local currency value, the country's currency will eventually depreciate. In other words, the trend of the dollar is always the opposite of the trend of other countries, so such a situation appears: when the US dollar weakens depreciation, lending is lending, because the currency of other countries is strong, then the US dollar can make money directly from the exchange rate after lending. When you take a strong appreciation, the United States collects usury loans. Because other countries have depreciated, your US dollar debt will swell, which means that you have to spend more money to repay this usury loan.
It's example of Russia as an example. Since the United States' sanctions on Russia last year were also stronger in the US dollar, the US dollar against the ruble from 32 to 66. We assume that Russia borrowed $ 100 billion in foreign debt before the ruble depreciation (about about the depreciation of the ruble (about about the depreciation 3200 billion rubles) Then if these US dollar debt expires, Russia will take 6600 billion rubles to pay back, so many 3400 billion rubles will become the profit of Jewish Wall Street, with a profit margin of more than 100%. When Russia cannot afford the debt, he will borrow USD debt from the international creditors (Wall Street). Naturally, the interest of the debt will not be low. At the same time, you will promise Wall Street to make political and financial concessions. It can be said that if Russia cannot find foreign countries' financial support to themselves, Russia will be diluted by Wall Street. Site Capital, which is attached to the bone, is definitely creepy.
It in reality, we know that China and Russia are strategic collaborative relationships. When the RMB becomes international reserve currency, the Russian central bank is beneficial to both China and Russia as a foreign exchange reserve. Because the RMB exchange rate is stable, the US dollar index in 2011. July has strengthened the US dollar exchange rate of the RMB 6.39 at the time. If the renminbi annual renminbi, borrowed 100 billion US dollars (about 639 billion yuan) to expire that Russia can pay 639 billion yuan from its central bank to Wall Street. This will not lose 3400 billion rubles by the United States to cut wool. Of course, it is also good for China. Russia must be replaced with oil. Russia is the largest producer of petroleum. If the price of RMB is checked to form Shanghai oil prices, then it is a lingering nightmare for Wall Street in the United States. Essence
. When the central banks of other countries reserve RMB, the two countries can complete the settlement through currency exchange. Because the settlement of bilateral currency during settlement is a transaction that uses bilateral local currency, so as to prevent the coinage tax by the New York Settlement Center in the United States. At the same time, in view of the unique habit of Internet surveillance and peeping in the United States, settlement with RMB cross -border clearing systems between the central banks between the two parties can effectively prevent the United States from stealing the secrets of financial activities in other countries. In actual trade, if there is a trade deficit in other countries, it can also use physical debt to repay. When the renminbi becomes a reserve currency, China can use RMB to buy oil, because the renminbi value stable in the future will continue to appreciate with the economic development. Purchase the US dollar foreign exchange. Recently, there is news that Saudi Arabia may export crude oil to China after 12 months. This is also an important reason why the New York Times senior commentator Fulidman was published today.
. The renminbi has become the economic strength of China's continuous expansion. It has a huge market for internal China. In terms of foreign trade, China ’s trade surplus is almost equivalent to Switzerland’ s GDP of 580 billion US dollars. This is the source of the renminbi nationalization. In terms of foreign exchange reserves, China has a $ 3.5 trillion foreign exchange reserve for international payment, which is a guarantee of credit. In the world, Mark, Germany, is more prominent in this regard. Mark, which relies on Germany's outstanding manufacturing profits, has become the world's most powerful currency before 1999.
. Behind the renminbi is the continuous growth of the Chinese economy. It is expected that the yuan will continue to strengthen in the next 20 years. The central bank of the country has the potential for value -added when the central bank uses the renminbi as a foreign exchange reserve. We look at the US dollar in turn. After five years of strength, according to Goldman Sachs Group's calculation, the US dollar will end after 6 months of interest rate hikes for the first time. This time is about the second half of 2016. The second half of the year. After the strength of the dollar will continue to depreciate, the central banks of various countries holding US dollar foreign exchange reserves will face the risk of depreciation of foreign exchange reserves.
5. China has always used the US dollar in the process of copying the bottom, but we all know that as China ’s direct investment continues to increase, the consumption of foreign exchange reserves is also accelerating. At the same time It is necessary to use the US dollar to maintain the stability of the RMB exchange rate. When the RMB has gradually become a reserve currency of a foreign central bank, it is expected to be held by a $ 1 trillion by the central banks of other countries. Correspondingly, when we release the renminbi, we will get a $ 1 trillion foreign exchange at the same time. We can use these foreign exchange to maintain the stability of the RMB exchange rate while continuing to accelerate the bottom. Holding the currency of other countries can be easy to use, which is good for both parties. At the time of the bottom, we completed the replacement of US dollar assets on the Bank of China's balance sheet. In the future, when the US dollar weakens, we can prevent our central bank assets shrink due to US dollars. The most ideal state is that all of the central bank's balance sheets are all RMB assets. In this case, the price of our central bank's assets is that China has the final say.
. After the renminbi becomes international reserve currency, the overseas RMB market will be formed after the RMB output. After the formation of this market, RMB bonds will be issued. It will be the final say. Secondly, we know that the amount of foreign exchange reserves around the world is countless. When the RMB reserve grows, it will compress the space of the US dollar reserves, and so that the excess US dollar can only be taken over by the Federal Reserve. When the RMB internationalization is realized, it is estimated that the current velocity and flow of the US dollar in the global capital market will be greatly reduced. Relying on the US dollar international reserves to plunder the financial model of other countries is not far from the day of bankruptcy.
I. After the renminbi becomes a reserve currency, the Chinese can hold the RMB directly to invest in overseas, and overseas investors can also directly invest in China with RMB. Some time ago, China has released the restrictions of foreigners to buy a house, and foreign citizens can buy it directly by holding RMB. The latest news is that Fang Xinghai, the vice chairman of the China Securities Regulatory Commission, met with the CEO of the London Exchange. China and Britain conducted a survey on the feasibility of launching Shanghai -London. In the future, the China -British and China -Singapore stock markets will be more convenient to invest in each other more conveniently. In turn, it will further promote the internationalization of RMB.
of course, it has so many benefits to becoming international reserve currency. How can the United States, which once achieved the internationalization of the US dollar? From the application of RMB applications to SDR, the United States has been opposed. From the distribution of SDRs this time, we have also seen such an interesting phenomenon. First of all, the U.S. share has almost no movement. The ratio of the yen is far more than the United States. (The proportion of RMB is 10.92%, the United States only transfers 0.17%, the euro transfers 7.57%, the pound transfer is 3.21%, the yen is transferred 1.07%.) Japan is more generous than the United States this time, and the United States has lost losses. The minimum share of the share is probably the real reason why the United States agrees to let the RMB join SDR. It can also be seen that the United States is reluctant to join China to join SDR, which is exactly the same as that in China when China joined the United Nations to obtain a permanent member of the country.
The European includes the strong support of the United Kingdom. In fact, there are deep -seated reasons behind Europe. After the EU's interest rate cut, the euro weakened and became the place of capital output. Because the European Central Bank purchases a large number of bonds, there are fewer and fewer investment in Europe. And even more terrible is that the euro has been depreciating, and the euro has depreciated by 20%since the strengthening of the US dollar. At the same time, the European Central Bank recruited interest on cash deposits, and interest rates were close to negative value. Let's take an example if the EU QE is 10 trillion euros, then the US dollar pricing has depreciated 200 billion euros. At the same time, the printed money has no interest income at a negative interest rate.
So European capital urgently needs to invest in outwardly, so who has higher benefits to invest in China and the United States? Investing in U.S. stock markets is hung at a high level of US stock markets. Invest in real estate? A large number of redemption houses in the United States can't even buy Americans themselves. Investment debt market? The yield of the US bond market has always been high, and it is to scatter wealth. However, investing in China is different. We assume that all these trillion euros come to China. We calculated based on the interest rate of 3.5%of China Savings Treasury bonds. The interest in one year was 35 billion euros. At the same time, because the renminbi maintains the stability of the US dollar, the euro exchanged for RMB is exempted from the fate of 20%. In this way, as long as you invest in China, you will get 23.5%of the actual income. Therefore, Europeans are also indispensable.
It, the British and French financial industries in major European countries have developed, and there are RMB offshore centers in the country. By creating RMB overseas markets, hairstyle RMB bonds, and RMB exchange business, the annual returns are also very high. Here is a Switzerland, because he exports a large amount of gold in China and the price of gold in Shanghai will have a premium. Every year, the Swiss people can get an additional $ 500 million in addition to the export of gold to China. The United Kingdom also made a lot of Treasury bonds by issuing RMB. It is the RMB internationalization that has brought real interests to Europe and the United Kingdom that Europeans will generously cut their SDR cakes to the RMB. This is probably the best note for the concept of "harmonious world".
It should be pointed out that the SDR allocation of this time will not wait until October 2016. October. This is a pit left by the United States to China. As mentioned earlier, the US dollar began to weaken after 6 months of interest rate hikes. When the United States incorporated the RMB into SDR to the US dollar weakened, it was obviously that the meaning of dragging China to the bottom was inside. Therefore, blood drinks also analyzed that the United States has no substantial concession at all in this RMB into SDR and lacks sincerity. Of course, China will not support the US dollar because the United States supports China to join SDR and supports the US dollar. The People's Bank of China will continue to stabilize the RMB exchange rate in the foreign exchange market. Therefore, there is no continued depreciation after the RMB rumored to be rumored on the Internet. The response in the international market has also confirmed this. Joining SDR news reports that the offshore RMB and China's ten -year national debt prices have both increased. Golds that support the price of RMB assets have also risen simultaneously. The US dollar index goes down. The direct response of the international capital market is the applause to adding SDR to the RMB.
On December 3, 2015, the EU will hold interest rate meetings. Will the European Central Bank cut interest rates at this meeting? The judgment of the blood drink is that the EU will cut interest rates and reduce interest rates but will not QE2. If you do n’t pass the QE2 resolution, I do n’t know if Europeans have been prepared to suffer a terrorist attack again? After Russia, France and Germany sent troops to Syria to fight ISIS. The efforts of Jewish Capital Group's efforts to control Middle East oil settlement rights will be frustrated. The romance of the world situation will be more exciting. The blood drink about anti -corruption articles is being prepared. Please understand.
The currency war could not see the smoke permeated, but under the look down, the blood flowed into a river. The ruby on the winner's scepter was swaying the bloodthirsty light, but the bones were exhausted under the throne. The financial pirates of the new century have prepared to abandon the boat ashore, let us stand under the banner of the country to fight with their special deaths.
south korea wholesale jewelry findings Because the United States is concerned about the United States repay China's debt with virtual currency. However, in the long run, Chinese RMB will not depreciate, because currently holding a lot of US debt can fully achieve the diversification of currency foreign exchange.