Don’t be surprised why Chinese assets suddenly surged?
Every cause has its consequences
In fact, this is a game in itself. First of all, the United States took the initiative to cut interest rates on September 19. When the channel for the Fed to cut interest rates was officially opened, our policy operation space appeared instantly. We have three major capital plates in China that can undertake massive amounts of funds, namely real estate, real economy and stock market. Can we put it in the real estate field? The answer is no. The reason is very simple, because China's real estate market has completed its historical mission. If we put more money in it, no one can bear it. So why can't we put it directly in the real economy? Because of the previous pessimistic expectations, many companies dare not expand production. Even if banks keep lowering loan interest rates, they dare not borrow money. In such an environment, money can't flow into the real economy at all. So after thinking about it, the most suitable place to undertake this round of large-scale water release is the stock market. The reason is that the total market value of China's stock market is very low, only one-fifth of that of the United States, and has room to absorb funds. When stocks rise, it is conducive to enhancing the confidence of citizens and foreign capital in the Chinese economy. In fact, the idea of this round of economic stimulus is very simple. The first step is for the financial department to set the tone for water release, the second step is for the central bank to implement it, the third step is for the stock market to take over the funds, the fourth step is for shareholders to get dividends first, the fifth step is for other groups in society to benefit together, and the sixth step is to finally revitalize the Chinese economy. This is the first level of game, and it is also a nuclear bomb-level trick to stimulate the economy.
The first half of life is realistic, and the second half is predictive. My memories of when I was 4 are very vague. I only remember the shop at the entrance of the village. I felt that it was the most important place because I could find my home by looking there. When I was 5 years old, I thought that having my parents by my side all the time was the most important thing, but unfortunately, life is not always smooth sailing. When I was 8 years old, I felt satisfied living with my grandparents. When I was 9 years old, I started looking forward to my father coming back to see me every year. When I was 10 years old, I had a math teacher who was very nice to me, and I realized I should repay her with a certificate. I moved to a new environment at the age of 12 and felt that seeing my father every day was the most important thing.
Don’t be surprised why Chinese assets suddenly surged?
Every cause has its consequences
In fact, this is a game in itself. First of all, the United States took the initiative to cut interest rates on September 19. When the channel for the Fed to cut interest rates was officially opened, our policy operation space appeared instantly. We have three major capital plates in China that can undertake massive amounts of funds, namely real estate, real economy and stock market. Can we put it in the real estate field? The answer is no. The reason is very simple, because China's real estate market has completed its historical mission. If we put more money in it, no one can bear it. So why can't we put it directly in the real economy? Because of the previous pessimistic expectations, many companies dare not expand production. Even if banks keep lowering loan interest rates, they dare not borrow money. In such an environment, money can't flow into the real economy at all. So after thinking about it, the most suitable place to undertake this round of large-scale water release is the stock market. The reason is that the total market value of China's stock market is very low, only one-fifth of that of the United States, and has room to absorb funds. When stocks rise, it is conducive to enhancing the confidence of citizens and foreign capital in the Chinese economy. In fact, the idea of this round of economic stimulus is very simple. The first step is for the financial department to set the tone for water release, the second step is for the central bank to implement it, the third step is for the stock market to take over the funds, the fourth step is for shareholders to get dividends first, the fifth step is for other groups in society to benefit together, and the sixth step is to finally revitalize the Chinese economy. This is the first level of game, and it is also a nuclear bomb-level trick to stimulate the economy.
Review of Trump's speech at the Bitcoin Conference tonight: #比特币大会 1. Trump announced that if elected, he would establish a strategic national Bitcoin reserve for the US government. 2. The US government will retain 100% of the Bitcoin it owns and prevent the US government from selling the seized Bitcoin (200,000) 3. Never sell your Bitcoin. After being elected, the US government will be prevented from selling Bitcoin; 4. Bitcoin is gold. Believe in the future of Bitcoin. The market value of Bitcoin will exceed that of gold; 5. Bitcoin is not a threat to the US dollar, but the current government is; 6. After being elected president, a Bitcoin/Cryptocurrency Presidential Advisory Committee will be appointed; 7. In the future, billions of people will enter the crypto field and store funds; 8. On the first day of my election, I will fire Gary Gensler and appoint a new SEC chairman; 9. Bitcoin represents freedom, sovereignty, and independence from government coercion and control; 10. The United States will become the global cryptocurrency capital and the world's Bitcoin superpower. 11. I promise the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris’ anti-cryptocurrency campaign will end; 12. There will never be a CBDC during my presidency; 13. BTC is a good tool for inflation; 14. Bitcoin is going to the moon$BTC
Seeing the profit amount of the follow-up orders, I am embarrassed to close the position. I will withdraw when you earn enough to have a chicken drumstick meal. $BTC
I started to open positions and trade on May 1. I started with insider trading and didn’t get a chance to add positions. Now one month has passed. Bitcoin Gold is still indestructible. $BTC
Games always make people addicted $BNX To understand this surge, you need to understand games 1. Completely focus on games; 2. Feeling uncomfortable, anxious, irritable, etc. when stopping games; 3. Gradually increasing the time spent playing games; 4. Unable to reduce game time and unable to quit games; 5. Giving up other activities and losing interest in other hobbies; 6. Still focusing on games even if you understand the impact of games on yourself; 7. Hiding the time you spend playing games from family or others; 8. Relieving negative emotions such as guilt and despair by playing games; 9. Losing or may lose work and social life because of games. The madness will definitely continue. It depends on whether the game can meet the characteristics of long-term play.