Currency war is raging, rescue situation suddenly changes, and American giants start to reap wealth again
Focusing on the present, the global financial market is surging, and the core focus is directly on the currency war. This battle is silent but it concerns your and my wallets and the lifeline of the national economy.
The main battlefield of the currency war is none other than Wall Street. Here, financial giants gather, the New York and Nasdaq exchanges make a fortune every day, and the capital flows. Every second is a microcosm of strategic games.
Currency is the key chip in this war. Like sophisticated equipment on the battlefield, the strength of currency determines the position of the country's economic battlefield. Countries have deployed troops and generals, and through monetary policy and foreign exchange intervention, they strive to gain the upper hand in this financial game.
And in this currency chess game, the chairman of the Federal Reserve is undoubtedly the chess player. His words and deeds affect the nerves of global finance. As the king of global currencies, the movement of the US dollar is even more of a market weather vane, magnificent and far-reaching.
As for why the $9.8 trillion rescue ship ran aground? The global economy is shrouded in fog, investors are risk-averse, the safe haven effect of the US dollar is prominent, and capital flows are concentrated. Other countries' rescue efforts may not be able to resist this torrent.
Currency wars, although invisible, are powerful, and the global economic landscape is reshaped as a result. As bystanders, although it is difficult for us to shake the situation, protecting wealth and investing rationally is the best policy. Remember: "The market is risky, and you need to be cautious when entering the market."