Bøger af Song Hongbing

People's ability to think is often paralyzed in the face of overwhelming information and a myriad of opinions. Critical data is drowned out by noise data, important details are confused by minutiae, deeper pathologies are confused by superficial pathologies, core reasoning is tied up in trivial logic, analysis loses its bearings and judgment goes astray. Ultimately, the illusion displaces the truth.This is particularly true in the economic sphere.Five years after the end of the financial crisis in 2008, views on the future course of the world economy are still divided. Has the U.S. quantitative easing been effective or not? Is the global currency overshoot a blessing or a curse? Are financial markets becoming safer, or more dangerous? Has the economic recovery been steady or short-lived? In short, is the world gradually moving away from the last recession, or is it accelerating its slide to the next crisis?All the activities that mankind has ever engaged in have always revolved around two most basic tasks, one of which is the creation of wealth and the other is the distribution of wealth, from which all other activities are derived. Whether creating wealth or distributing it, human greed has been the source of their ultimate energy since the beginning. The "good in greed" drives technological advances that save energy, reduce time, reduce intensity, and increase pleasure, resulting in a continuous increase in productivity and more prosperous wealth creation. However, the insatiable greed of greed can inspire trickery, speculation, fraud, quick gains and extravagance, which in turn stifle productivity progress, lead to a distorted distribution of wealth and reduce the economic vitality of society.

This book will follow the main line of world reserve currency hegemony, starting with the deliberate overthrow of the pound sterling hegemony by the US dollar, showing how the US monetary strategy masters have gradually eroded the pound sterling power, squeezed the pound sterling's international reserve currency status and trade settlement pricing power, and how the pound sterling power has counterattacked the US dollar through the "imperial preference system", and returned the US dollar to its original "isolationist" form. The fierce struggle between the dollar and the pound created a vacuum of world financial power in the 1930s that exacerbated the Great Depression worldwide.The Second World War provided a historic opportunity for the dollar to eradicate the pound, and the Atlantic Charter and the Lend-Lease Act were all sharp scalpels in Roosevelt's hands, aimed at dismembering the British Empire's pound. Eventually, the United States established a "Bretton Woods dynasty" with a dollar-based system as regent by "holding gold hostage to the vassals".The basis of interest in the "China-America" economic marriage is fracturing and disintegrating. America's tolerance for China's booming economy was originally based on the model of Chinese production, American enjoyment, Chinese savings, American consumption. China's future economic transformation will inevitably require a shift in the main resources of the national economy from being tilted towards overseas markets to being tilted towards domestic markets, thereby reducing savings exports to the United States. This process would change the basic U.S. position of continuing to tolerate China's economic growth.

Currency, which has been overlooked by historians, is precisely the key to unlocking many historical puzzles, the compass to discern the maze of today's reality, and the telescope to discover the road to the future. In the course of studying the financial history of Europe, America, China and Japan, I have a growing feeling that finance is the "fourth dimensional frontier" that a sovereign country must defend. The concept of the frontiers of sovereign states does not only include the three-dimensional physical space constituted by the land, sea and air frontiers (including space), but in the future it needs to include a new dimension: finance. The importance of the financial high frontier will become increasingly important in the coming era of cloudy international currency wars.From the path of financial evolution in Europe and the United States, it can be clearly found that the currency standard, central banks, financial networks, trading markets, financial institutions and clearing centers together constitute the system architecture of financial high frontier. The main purpose of this system is to ensure efficient and secure resource mobilization for currency pairs. From the source of the central bank to create money, to the customer terminal that eventually accepts money; from the dense network of money flow, to the clearing center of funds remittance; from the trading market of financial instruments, to the rating system of credit assessment; from the soft regulation of the financial legal system, to the construction of rigid financial infrastructure; from the huge financial institutions, to efficient industry associations; from complex financial products, to simple investment instruments, the financial high frontier protects the monetary blood from the heart of the central bank, to the financial capillaries and even the whole body economic cells, and eventually back to the central bank's circulation system.

La structure de toute société humaine est typiquement pyramidale, avec une minorité critique de personnes qui gravissent progressivement les échelons de la structure sociale grâce à leur propre intelligence et diligence, et dans certains cas par la violence et la fraude. Lorsqu'ils disposent d'un pouvoir financier et d'une influence suffisants, ils consolident et étendent à leur tour leurs intérêts en changeant les règles du jeu et en créant une élite dirigeante aux intérêts imbriqués. Si la structure pyramidale du pouvoir des sociétés orientales repose sur des régimes, la pyramide de domination occidentale est une chaîne de dettes très cachées qui maintiennent fermement ensemble les différentes strates de la société. Dans les sociétés occidentales, les créanciers ont un pouvoir dominant et les débiteurs sont en position dominée, et la principale fonction de l'appareil d'État est de protéger et de renforcer la fiabilité de cette chaîne. En Occident, celui qui est le plus grand créancier est le législateur ultime du jeu, et les banques centrales, contrôlées par les banquiers internationaux depuis le XIXe siècle, sont sans aucun doute les plus grands créanciers de la société dans son ensemble, le reste de la société, y compris les gouvernements, étant leurs débiteurs. De ce point de vue, l'Occident d'aujourd'hui est en fait une puissance financière qui contrôle les décisions des gouvernements.Ce livre décrit en détail la formation, le développement, l'exclusion, les conflits, les alliances et l'équilibre des pouvoirs des principaux groupes financiers en Europe et aux États-Unis sur une période de 300 ans, analyse systématiquement le fonctionnement et le mécanisme de prise de décision des forces dominantes dans les coulisses du monde d'aujourd'hui, et dévoile pour la première fois le mystère du "club international des familles bancaires" qui dirige le monde.

This book will follow the main line of world reserve currency hegemony, starting with the deliberate overthrow of the pound sterling hegemony by the US dollar, showing how the US monetary strategy masters have gradually eroded the pound sterling power, squeezed the pound sterling's international reserve currency status and trade settlement pricing power, and how the pound sterling power has counterattacked the US dollar through the "imperial preference system", and returned the US dollar to its original "isolationist" form. The fierce struggle between the dollar and the pound created a vacuum of world financial power in the 1930s that exacerbated the Great Depression worldwide.The Second World War provided a historic opportunity for the dollar to eradicate the pound, and the Atlantic Charter and the Lend-Lease Act were all sharp scalpels in Roosevelt's hands, aimed at dismembering the British Empire's pound. Eventually, the United States established a "Bretton Woods dynasty" with a dollar-based system as regent by "holding gold hostage to the vassals".The basis of interest in the "China-America" economic marriage is fracturing and disintegrating. America's tolerance for China's booming economy was originally based on the model of Chinese production, American enjoyment, Chinese savings, American consumption. China's future economic transformation will inevitably require a shift in the main resources of the national economy from being tilted towards overseas markets to being tilted towards domestic markets, thereby reducing savings exports to the United States. This process would change the basic U.S. position of continuing to tolerate China's economic growth.

The structure of any human society is a typical pyramidal one, with a critical minority of people gradually moving up through the social structure due to their own intelligence and diligence, and in some cases through violence and fraud. When they have sufficient financial power and influence, they will in turn consolidate and expand their vested interests by changing the rules of the game and creating a ruling elite with interlocking interests. If the power pyramid structure of Eastern societies is based on regimes, the Western pyramid of domination is a chain of very hidden debts that hold the various strata of society firmly together. In Western societies, creditors have dominant power and debtors are in a dominated position, and the main function of the state apparatus is to protect and reinforce the reliability of this chain. In the West, whoever is the biggest creditor is the ultimate lawmaker of the game, and central banks, controlled by international bankers since the 19th century, are undoubtedly the biggest creditors of society as a whole, with the rest of society, including governments, being their debtors. From this perspective, the West today is actually a financial powerhouse controlling government decisions.This book will comprehensively describe the formation, development, exclusion, conflict, alliance and checks and balances of the major financial power groups in Europe and the United States over a period of 300 years, systematically analyze the operation and decision-making mechanism of the dominant forces behind the scenes in the world today, and for the first time unveil the mystery of the "international banking family club" that rules the world.