Let me tell you a story: I was taught from a young age how sacred the independence of the Federal Reserve is, what a great masterpiece it is, and that this institutional arrangement is the pinnacle of human wisdom, serving Congress, with stable policies and checks and balances. Really, I really believed this since I was a child. I think almost all of us born in the 80s and 90s were taught this, right? Until one day, when you really have a little understanding of the American congressional class, you will find that it is all nonsense, ridiculous, and serve Congress? What kind of people are in Congress? Can the US Congress represent ordinary Americans? Or can American congressmen represent ordinary Americans, or can American lawyers represent ordinary Americans? Then who are the governors? I would rather call them chieftains. Do you know what chieftains are? The governor, the spokesperson for this local family, is not hereditary, but the family is hereditary. Therefore, the butler rotates on the stage, but the interests behind him have never changed.

As an ordinary American, don't even mention immigration. Do you have human rights in your life? Yes, as long as you don't get into trouble. If you really get into trouble, you only have one right, the right to disappear, the right to disappear physically. Everyone is equal in front of death, right? Trump can't escape being shot, let alone you. Who are you? Do you have the right to have an accident? Do you have the right to take drugs? If you take drugs, do you still advocate human rights? Who can control you? Is it the state government that can control you, or the state court? Is it the federal government that can control you, or the federal court? Are you kidding? Still serving Congress? You, the Federal Reserve, serve the U.S. Congress. You are glorious, are you glorious? What about checks and balances? In the United States, checks and balances have no meaning. In the United States, the most important thing to be checked is human nature, and his human nature cannot be checked at all. Note that in the spirit of capitalism, there is no positive guidance for human nature. You only need to repent before God. You only need to repent, but you are greedy for money, lustful, fame-seeking, greedy, angry, ignorant, arrogant, and suspicious. Please do as you please, without restraint. Restraint means violating human rights, destroying individuality, not being alone in interests, and not being free. Let me ask you, do you agree with the request for restraint? Don't go too far. Too much is as bad as too little. Does this culture advocate no freedom and no independence? They don't care. The whole United States is a human amplifier, so how can it not be evil? The more capable people are, the more evil they show. The more outstanding people are, the more prominent their human weaknesses are. So in this culture, the public sector is evil except for its functions. Ladies and gentlemen, have I made it clear? In the United States, except for its functions, the public sector is evil in other aspects, so the public sector must restrain and check each other. If it does not check and balance, it will be full of evil. So Americans think that if the central bank is influenced by the government, the government will print money crazily. That's because you are uneducated. How can Chinese people restrain themselves? After 2015, no matter how difficult the situation is, the government will not flood the market. Some time ago, people were saying that the balance sheet was in recession and deflation, but the government was still very restrained. What is counter-cyclical regulation? Cross-cyclical regulation is against human nature. It is because people know how to exercise restraint that the government knows how to exercise restraint.People are born to be good, so the public sector is born to be good. If your society does not have an anti-human culture and you do not have this gene, how can your government be good? Your Federal Reserve is not affected by the government, so does that prevent you from printing money? Does that prevent you from borrowing money? How many dollars did you get out of QE? How much national debt did you borrow? What about the independence of the Federal Reserve? The more independent you are, the more evil you will do, right? There is something wrong with people, and there is something wrong with your culture. #美联储何时降息？