At the end of 2019, the M2 of Dongguo was 198.65 trillion yuan. In July 2027, the M2 of Dongguo reached 285.4 trillion yuan. This means that over the course of three years, Dongguo printed more than 86.75 trillion yuan, averaging 24.78 trillion yuan per year and over 2 trillion yuan per month, which can be described as an unprecedented flood.
In such a massive flow of currency, the common people are finding it increasingly difficult to make ends meet. Where has the money gone?
Let me tell you where the money has gone: it has been stored in Swiss banks by the second and third-generation aristocrats, the polar catfish of the royal palace, or it has been secured by Evergrande, Country Garden through bankruptcy protection, charitable donations, and technical divorces, transforming into offshore dollar assets.
On the other hand, money is circulating among various banks and financial institutions.
There are lending tasks above, so what to do? Help each other out. I deposit what you borrowed in our bank, you deposit what I borrowed in your bank, and both deposit and lending tasks are completed directly, perfectly. There are policies above, and countermeasures below; everyone deceives each other, haha, interesting.
The released funds are crazily circulating in the financial system, forming a closed loop that does not reach the real economy. Looking back at the data summary, it's a win-win situation..
Some say they feel life is difficult now, I want to say, don't be sad, be a little happier. For a long time to come, today is likely to be the day with the least pressure for you.
Debt does not arise out of thin air, nor does it disappear into thin air. This pile of bad debts will ultimately need someone to settle the bill; guess who will be footing the bill?
Whoever can endure hardship should just endure a bit of hardship...
The cattle and horses clearly have no money left. But the wheels of the era keep rolling forward. In this historical garbage time, perhaps lying flat and not moving will prevent you from being crushed? The foolish old man should not move mountains, but should instead walk out of the mountains.
During this garbage time, I do not recommend everyone to start a business; the success rate is as low as trying to invest in a low-tier market. If you take it to the big A, you are just sending yourself to the slaughter, repaying the national debt. Local debts can be repaid as far as 100 years later.
Now, it is important to keep your pockets tight. The cattle and horses cannot participate in the booming bull market of US stocks, but you can still participate in the bull market of the cryptocurrency world. If you want to achieve stable and continuous profits, or have a consistent living allowance, I suggest you invest regularly in BNB and then use it for financial management and staking to earn airdrops. This is also a stable investment method; as long as Binance does not collapse, financial management will support you until old age.