"In this world, anything that is forbidden is often beneficial but they don't want to share it with you. Anything that is encouraged is likely to have pitfalls that you need to fill."
This is the reality. The advanced harvest the backward, the efficient harvest the inefficient, the first come harvest the last come, everyone harvests you, and you harvest everyone. No one should think that harvesting or being harvested is an honorable or annoying thing.
The current situation of the University of East China is: the monopoly of the right to mint coins has intensified wealth mergers, which in turn has led to a decline in the innovative power of the entire human society, thus causing the current economic stagnation. For example, the printing of 4 trillion yuan in 2008 made the cows and horses reach a climax, but now that 40 trillion yuan has been printed, the cows and horses don’t even have the strength to stand up.
The history of the Zimbabwe dollar and gold yuan tells us that government, army, law, religion and everything else that was once regarded as a pillar is not always reliable.
Throughout the history of currency, all currencies backed by governments have either ended up in the dustbin of history or are on their way to it.
The Zimbabwean dollar and the gold yuan have already entered the garbage heap of history. The "new Zimbabwean dollar" and the "new gold yuan" are also making their final sprint towards the garbage heap of history.
One day, the debt-money bulls will suddenly wake up and realize that everything that was once regarded as a pillar, such as the government, the army, the law, and religion, is not always reliable, not to mention the right to mint coins that is parasitic on these things.
In this world, trust can be inspired through propaganda and obtained through false lies, but real credibility can only be established through long-term and truthful records.
Broad money M2 balance of Dongda in December 1990: 1.53 trillion
Broad money M2 balance of Dongda in December 1991: 1.93 trillion
Broad money M2 balance of Dongda in December 1992: 2.54 trillion
Broad money M2 balance of Dongda in December 1993: 3.49 trillion
Broad money M2 balance in December 1995: 6.07 trillion
Broad money M2 balance in December 1996: 7.23 trillion
Broad money M2 balance in December 1997: 8.34 trillion
Broad money M2 balance in December 1999: 11.76 trillion
Broad money M2 balance of Dongda in December 2001: 15.28 trillion
Broad money M2 balance of Dongda in December 2003: 22.12 trillion
Broad money M2 balance of Dongda in December 2005: 29.87 trillion
Broad money M2 balance of Dongda in December 2007: 40.34 trillion
Broad money M2 balance of Dongda in December 2008: 47.51 trillion
Broad money M2 balance of Dongda in December 2009: 61.02 trillion
Broad money M2 balance of Dongda in December 2012: 97.41 trillion
Broad money M2 balance of Dongda in December 2014: 122.84 trillion$BTC
Broad money M2 balance of Dongda in December 2015: 139.23 trillion
Broad money M2 balance of Dongda in December 2017: 169.02 trillion$ETH
Broad money M2 balance of Dongda in December 2019: 198.65 trillion
Broad money M2 balance of Dongda in December 2020: 218.68 trillion$BNB
The balance of broad money M2 of Dongda in December 2022: 266.43 trillion.
The balance of broad money M2 of Dongda in June 2023: 287.31 trillion.
The balance of broad money M2 of Dongda in July 2023: 285.40 trillion.
The balance of broad money M2 of Dongda in August 2023: 286.93 trillion.
The balance of broad money M2 of Dongda in September 2023: 289.66 trillion.
The balance of broad money M2 of Dongda in November 2023: 291.20 trillion.
In this era of flooding, besides cryptocurrencies, what other assets can resist this irreversible trend?
