Today let’s talk about the impact on us at the macro level. It can be said that the recent performance of gold is almost on par with the currency circle, which has caused recent currency enthusiasts to always compare Bitcoin with gold. Before 2020, the trends of the two were almost the same. Including the frequency of increases is also the same. Today we will start to analyze the gold exchange rate and the currency circle.
First of all, since the beginning of gold trading, the current price has reached a historical peak. This is not a short-term high, but the peak of the entire human race. Why this phenomenon is caused is nothing more than once again reflecting the safe-haven properties of gold. Why does the word hedging appear? This supports Lao Cui’s point of view that the US dollar currency trust system is gradually collapsing. It's easy for everyone to think of the US dollar when they think of currency, because this currency is linked to energy. To put it more simply, everyone uses Euros or Bitcoins to directly trade energy. The seller will not trade with this, and everyone only accepts US dollars. This phenomenon is caused by the layout of Lao America for nearly a century, and the advantages of early development are still very obvious.
The reason why it is said that the US dollar trust system is gradually collapsing is because the over-issuance of US dollars in the past two years has caused global inflation. To put it more simply, the development of the United States is almost entirely supported by the financial system of borrowing. The annual national debt interest is nearly 140 million, but the military expenditure of the United States is less than 1 trillion. As time goes by, and various The use of investment has caused such huge repayment pressure. It can be said that the United States has almost been overdrafting the future, and its operations before this have always been supported by third world countries. For example, as a country that everyone knows best in the currency circle, El Salvador is a country in the third world that provides support to the United States. They have a small population and their largest foreign exchange income is working for the United States and doing some basic work. work. Moreover, the hourly wage is far lower than the market standard in the United States. The reason for all this is that El Salvador uses the U.S. dollar loan system, which prevents its repayments from being processed in a timely manner. #WIF #sui #SHIB
