More and more interesting messages come from China. Moreover, they all at first glance seem to be extremely contradictory.
So:
1. China Daily, the newspaper of China with the largest foreign circulation, reports: “... due to the launch of printing presses by developed countries, there may be a flood of money in the world ... The risk for normal countries is that they will be unstable if there is a flow of waste paper to them can destroy their financial system ... It's time for normal countries to coordinate their efforts to reduce the shock caused by external forces. ” Article dated 18.02.13
What is it about? In my opinion, China unequivocally warns that the world is clearly beginning to plunge into hyperinflation, since there are no other ways to continue the existence of the current global financial system. At the same time, the fact that China declares this publicly to the whole world suggests that China is fully prepared for such a development of the situation and does not see anything personally threatening to it. Even despite its trillionth currency holdings.
2. The head of the Research Institute of the People’s Bank of China, Jin Zhongxia, in the comments for the London expert Forum of official monetary institutions, said that the dollar will continue to dominate the world. “The dollar will remain the main reserve currency, and it will be supplemented by four smaller currencies: the euro and the British pound in Europe, the Japanese yen and the Chinese yuan in Asia,” British newspaper The Daily Telegraph quoted Mr. Jin as saying.
It would seem that there is a completely obvious contradiction of the first statement with the second one. At first glance, if the Daokedo website published information the day after the original statement, then the difference between the first and second is only two days. Best case scenario. So, the second disavows the first? By no means. Unlike many other countries, information at such an official level from China is never an occasional gag. The two statements among themselves on 200% are consistent. Just the first one says that the world (the whole world) will be overwhelmed by hyperinflation. The second is that China has become disillusioned with the Euro, Europe and the foolishness of European politicians, plunging the region into an abyss of chaos. And it will happen in Europe much harder than in the United States. This is the first. The second is that China does not see a threat to itself in such a development of the situation and is ready to act in the general direction, systematically devaluing its own currency in parallel with all other Players. But where does this iron calm come from, we will be told by a third source.
3. “If you put together secret, non-traceable sources of gold - metal from the black markets of Africa and South America (and possibly Iran), the volume of gold mining throughout the world of semi-state Chinese companies, as well as the Chinese campaign to buy gold by citizens treasure - 7,000 t or more! ”
Isn't it a very remarkable difference from the official thousand tons declared according to the latest official data in 2009? Approximately when China decided to reduce its currency investments in US and European treasury bills. And in the end, what difference does China have in how many grams or milligrams of gold the yuan will cost at the time the printing presses stop the hyperinflationary competition, if at the same instant this very yuan with any desired denomination becomes “golden”? And to adjust the progressive reduction of the value of the paper yuan in exact accordance with the growth of incomes of the population, China can better than all others. Due to the same gold deposits in the state bank and a couple more protective measures. But all the others will not be able to follow this example. Alas. Not enough resources. But that's not all.
4. “February 11 Bloomberg reported that China in the 2012 for the first time surpassed the United States on the cost of exports and imports. As specified by the US agency, during the reporting period, exports and imports in China increased to 3,87 trillion dollars, while similar figures in the United States amounted to 3,82 trillion dollars. Thus, the volume of trade in the PRC exceeded US exports and imports by 50 billion dollars.
As reported by AP 19 in February, the Ministry of Commerce of China claims that in the 2012 year, America retained the status of the largest trading power, as US trade volumes exceeded China's import-export by 15,6 billion dollars. The Chinese ministry clarified that the calculations are based on the methods for evaluating goods of the World Trade Organization (WTO). "
That's so easy. China took and refused the main prize, for which he would have to fight with teeth and claws according to the logic prevailing today in the world. Abandoned economic primacy. In this case, everything looks like that America publicly admits its defeat, and the winner reluctantly refuses and refuses to accept the palm. Miracle? No, simply by doing so, China makes it clear that this race of indicators for him is on the drum. That in the conditions of depreciation of paper currencies for which he can no longer buy anything real, he is not interested in increasing the volumes of his foreign trade. And first of all it concerns export. “You simply have nothing to offer us,” says China to the world. “So we will produce exactly as much as we ourselves and those who are able to back up their imports with the goods of our own production that we require.” Moreover. China demonstratively shows exactly how he is going to negotiate about this and how much he appreciates all the currency paper:
5. “Earlier, Reuters released information that in the near future Rosneft will double the volume of supplies to China. In exchange, the Russian company will receive a loan of 30 billion dollars. After that, China will become the most important client of Rosneft, which could lead to a reorientation of the company from the European to the Asian market. This will not happen at once, since in order to meet the needs of the PRC, it will be necessary to increase oil production in the East Siberian region over several years. ”
This is how it happens. Right now we are ready to give you as many dollars as you are willing to take. Until the impairment race has begun. But in return, you will supply us with real goods on priority terms. And as much as we need. Thus, China not only plunders Europe or the United States by refusing to invest in their worthless bonds, it also takes away from them what the West has long been accustomed to consider its right — Russian oil. Well, Rosneft has the opportunity to significantly reduce its financial dependence on Western banks. After all, the required 40 billions of dollars to buy TNK-BP should also be taken from somewhere.
So, to summarize, this dense series of exciting messages.
China is fully prepared for the hyperinflationary scenario.
China refuses to implement the English plan for a strong world yuan in order to speed up the funeral of the dollar.
China predicts the greatest difficulties in Europe.
China has fully protected its financial system with multi-ton gold reserves.
China refuses to play the role of a world commodity donor, except in cases of complete counter-provision of export supplies of real goods.
Welcome to the new world, ladies and gentlemen!