Thematic Review 1:
the current context of national monetary policy on economic regulation of dialysis
means, appears to be more clear and straightforward. However, as the world is not a simple matter, like any currency Marxist policy on the regulation of the economy, becoming more and more pale and poor.
in the Greenspan era, the Fed has been the non-accelerating inflation rate of unemployment as a measure of economic development, an important indicator of benign or not. For this model very simple explanation is that the Fed will lose their jobs, economic growth or inflation as their policy instrument of the three objectives of their own. the most ideal model of economic conditions in the non-accelerating inflation rate of unemployment, the economy continues to maintain steady and stable growth.
Overall, the Greenspan era, the Fed's strategy is successful, under the guise of the new economy, the United States covered by productivity gains were originally triggered by non-productive capital prosperity of the bubble, and the window-dressing. From this point of view , today Greenspan, Bernanke is just some kind of inherited the legacy of non-glory. So we have reason to believe that today the United States subprime mortgage crisis is the Greenspan era of irrational exuberance and prosperity of system consequences of non-productive presented.
from this point of view, the U.S. subprime crisis not only proclaimed the bankruptcy of the U.S. new economy, but also advocated by the Americans announced that the non-productive capital deepening and prosperity, is a letter fraud, which may for moving toward an American-style economic transformation of China is a the best advice.
the same with the United States, the European countries, the purpose of monetary policy is basically the same objectives with the United States shows that in the non-accelerating-pass rising unemployment situation, the pursuit of economic development. This is the ECB's target performance was more specific: the European Central Bank's goal is to control inflation at 2% economic growth in the state.
European and American developed countries because economic strength, so do not need monetary policy on exchange rate stability and economic independence given too much attention. As for other countries, the two main objectives of monetary policy, often referred to as their choice. In the case of ternary paradox , the central bank usually only meet the three objectives of the system under the two goals. based on its economic strength and international environment, more developing countries set the goal of monetary policy to stabilize the exchange rate of economic growth, and economic independence Lower exchange rate stability and economic growth.
different monetary policy objective is to bring different monetary policy instruments, and the United States and Europe is different is that the target into the latter two countries, in order to maintain exchange rate stability and economic independence, monetary policy is usually taken control of domestic monetary aggregates, rather than through market-oriented interest rate means to accomplish the regulation of the economy.
development of modern finance, and economic globalization, to the financial capitalists Any speculation places the stage show. financial capitalists usually the exchange rate on a country to attack a country's monetary policy, leading to the country's economic and financial disorder, and derive their income, 97 the Asian financial crisis is perfect in this way interpretation. Although to some extent, to economic independence and exchange rate stability as the goal of the country can defend national sovereignty in the name of financial stability, but in fact, outside of the financial speculators will be a country's foreign exchange reserves through short, destruction a country's external economic environment, cut off the country's economy short external contacts to the economy, leading to the formation of the economic crisis and financial crisis.
in the history of Brazil, Argentina, Mexico and Japan and Southeast Asian countries, are so down in the the foot of the capitalist international financial speculation. And then the economic positioning of the developing countries themselves must be developed to determine their economic and financial transfusion to achieve economic growth and prosperity. so they rely on international finance will make them no way to go from this kinds of harm than the outside looks like the input of capital.
here we are like the analysis into a corner, that is, no one from the kind of monetary policy to benefit. prosperity of the developed countries enjoy a non-productive consequences, into the a high-growth, low inflation embarrassment, while developing countries are entering a high growth high inflation in the world. So we have to ask again, then our so-called economic prosperity, the world economy grew in the end Why?
We have once again on the U.S. subprime crisis once analysis. can be said that the United States nearly 10 years in the New Economy and the irrational exuberance and unproductive success is built on the exploitation of the world economy system, can occur. and the same is the United States, European countries, Britain's prosperity is also the case. the U.S. economy under the guise of the so-called financial deepening, the world economy had a naked exploitation.
The first is the United States through its world police identity Police carried out the pledge to the U.S. dollar as the currency settlement system. In such a monetary settlement system, the United States without producing to any debt issued by the national currency, and through the so-called innovative financial instruments, sales of these currencies around the world. So In the Greenspan era, the U.S. Treasury showing a geometric growth in the context of the huge growth in debt, the economy continued to achieve a stable and prosperous. U.S. currency through the consumption of own production generated employment, but also to fully achieved. Therefore, in the context of looting in the previous decade the U.S. economy is how the songs and dances.
today the U.S. subprime crisis, to some extent, we can also be regarded as a financial capitalists conspiracy (because of the Fed's private, so we have every reason to believe that the Fed's interest at all in front of board members, to consider their own interests first, followed by the U.S. national interests). U.S. interest rate cut by the continuing, and other national currency continued to produced by continuous appreciation of the spread, once again let the world pay for the U.S. luxury consumer. Today's trouble is just with more countries see the United States later this naked exploitation, resulting in disgust and resentment, which leads to resentment against the U.S. led the world.
world currency U.S. dollar clearing system, is experiencing an unprecedented crisis. However, U.S. out of exploitation, look how not easy. First, is still the world today no one can shake the world the United States Police position, followed by the greatest tragedy the world is that we must exploit Americans to achieve economic prosperity and revitalization. China, Japan, Europe, the U.S. consumer market are the same there is a huge reliance, if Americans do not consume these countries do not exploit the the fruits of labor, these countries have trouble developing their economies.
the world economy is facing unprecedented challenges, the world's monetary policy is also facing unprecedented difficulties. For all the reasons for this dilemma generated in deep the conduct of a reflection on how to get out of this dilemma, all the countries and economies are struggling to think and experiment.
the U.S. subprime crisis on the U.S. seems to be a severe test of political economy, we borrow popular discourse, the Chu Laihun, some things sooner or later have to repay. Today's world economic situation is in fact to the American people to repay the debt before the time of exploitation. United States has always tried to exploit to maintain this status, and the world are struggling to find a way out of this exploit.
the world economy has now entered an unstable period. and each country's monetary policy objectives and means are no doubt just the typical reflection of this idea. In a subversion of the subversion and being moment, always full of turbulence and imbalance, and this imbalance will always one day to a new balance.'s just that everybody is most concerned about is, who led the establishment of this new balance, who is this the biggest beneficiaries of the new market equilibrium.
Special Review 2:
international crude oil and international conspiracy theories
OPEC, the United States, Europe, China, India and other emerging economies, to reach the oil issue is undoubtedly a unified understanding of the oil crisis of today is not the production and consumption of non-symmetry of the crisis, but the oil control and a financial crisis started.
almost rare cases, the problems in these countries reached such a consensus. in order to seek the stability of oil prices, the U.S. government announced the suspension of the policy reserves of oil, the Saudi government announced that oil production, Iran's hard-line and even at the expense of their own in the political goodwill with the United States and good stability because War is expected to push up oil prices. but all efforts seem to have wasted the last.
oil prices are still high in the sky, of course, there is a reason for rising prices. not stop this, the dollar's depreciation, the United States as a world currency settlement system The crumbling, do not trust the dollar, and before the international financial capitalists have short gold as a commodity situation, the lack of a trustworthy world economy, the monetary value of the benchmark. based on an essential oil, as well as the world economy more than 30% growth driven by oil such a simple fact that oil as a currency of measurement tools, are increasingly has its inherent rationality.
If by controlling a tool, you can achieve great benefits , then this control can not always avoid.
from the national level, to the dragon's Geopolitics from wheat since the invention of the Middle East, the world's richest oil area has never had peace.'s internal chaos War and the Gulf War led by the United States, the only motive is to control the region. Because control of the Middle East to control the right to speak the world's oil. Today a lot of time exposed the Bush administration in Iraq war lie is the best comment on this fact.
for oil, Americans can ignore any of their political beliefs promote human rights beliefs and war. In front of U.S. national interests, the United Nations is only one of them kinds of political display. So the Iraq war can be carried out without UN authorization.
If the United States to act as world police still need to determine the world oil market, he must have a decisive voice. This is the U.S. government or whether a small number of elite capitalists, their goals are highly consistent. Yet the world is envisaged to enter the American orbit, it seems hard to conclude.
Ahmadinejad declared that, high oil prices, oil producing countries is a robbery. Ahmadinejad's fear is justified, in the last century 70's, when oil has been high above, when a sudden large drop in one day. thus creating the United States and five major Western oil companies occupied the name of peace more oil resources in the Middle East.
where we want to borrow under the laws of economics to explain this crisis. When the time of high oil prices, oil producers into between a prisoner's dilemma, that is, who is more yield of oil, who to benefit the most lucrative, and therefore rational, driven by oil-producing countries around the globe have increased oil production, world oil markets about oversupply, resulting in a substantial drop in oil prices, oil producers have suffered huge losses so; and From the industry point of view of economics can be explained, is that when the industry boom of increased profit margins much higher than the industry average, when other industries, resulting in a steady stream of other industries into the oil industry capital, resulting in increased oil production capacity , the formation of increased supply situation. Yet the world economy's growth is not the way to any of our assumptions generated, so the increased demand of a delay, so it appears the industry oversupply, causing prices to fall.
in the context of political and economic interests drive. We all look back story is a lie of the Gulf, whether it is terrorism or the war in Iraq, and Iran axis of evil, are all Americans in order to achieve this is not their own the purpose of the defendant concocted all kinds of lies. is simply a rhetorical question is why Bin Laden did not attack the UK France, Japan and Russia, but had attacked the United States. This is very illustrative of the problem. the Chinese have a saying called rabbit desperate will bite, not to mention the Arabs are famous for jihad.
for oil, the world is still in a deadlocked state. Americans are in Iraq into a kind of extreme passivity, is their support of the puppet The Government now requires them to pull out of Iraq, the face of Iran's hard-line stance, the U.S. seems to do nothing, after all, the lack of Israeli allies in the Middle East, Turkey and not willing to put all the oil interests are dedicated to the United States. But look at the world today, and no No country can compete with the United States, at least not in Europe, not Russia, China does not work, or that they are unwilling to compete with the United States alone. The biggest problem here, still can use a Chinese old saying to describe, that is, governments are afraid of the oil the right to speak, so in the Iraq war, America's European allies have a tough stance against the Franco-German position.
to time we may lie more after the eerie feeling. In today's world that the oil the evil of private capitalists Behind the so ulterior political purpose and political motives.
course, this process of political motives, but also with the international financial speculation on oil price controls capitalists to plunder the wealth of the world economy greed. because today the world's oil, most oil companies from Europe and five great control, they can reap higher crude oil prices, while the other countries hard-earned fruits of labor themselves, so that world class industrial workers and industry are the effectiveness of their services. (The logic behind this is that crude oil prices, resulting in increased production costs. And because of rising crude oil prices, leading to depreciation of the dollar, leading to excess liquidity in the world economy, producing countries to push up inflation, leading to production of domestic currency depreciation; and because the depreciation of the dollar, but also lead to the production of the appreciation of national currency against the U.S. dollar, in this folder are several tools under control, leading to all international oil producing countries to become capitalists cheap slave.)
No comments:
Post a Comment