Su Su said: "In the Xi'an Incident in 1936, the National Government recognized the legitimacy of the Communist Party of China and the united front united to fight against Japan. The Red Army was reorganized into the Eighth Route Army. The Red Army coins were stopped and the fiat currency of the National Government were uniformly used. Then in 1937, Japan invaded China in full swing, and the Japanese and puppet traitor government in Nanjing was established. This traitor government controlled billions of fiat currency in the occupied areas."

"—By the way, at that time, the fiat currency was pegged to the British pound and the US dollar, and the credit was still strong. So the National Government immediately implemented foreign exchange controls to prevent the Japanese and puppets from using fiat currency to exchange for foreign exchange to buy strategic materials all over the world to attack China. Is there any problem with this?

Wang Qiang nodded repeatedly when he heard this: "No problem."

Su Su said: "But the Japanese and puppets are very vicious. Since the fiat currency cannot be exchanged for foreign exchange, it will be used as a weapon to launch a currency war and to sweep goods to the Kuomintang-controlled areas and the CCP base areas. What I want to talk about is the battlefield of the currency war between the Turkish Communist Party, Shandong, a major province of grain and oil production. Just say that after Shandong fell, the Eighth Route Army advanced into Shandong and opened up a base area behind enemy lines. By the way, Brother Qiang knows how powerful the Eighth Route Army has in Shandong?"

Wang Qiang was happy: "Railway guerrillas!"

Su Su smiled and said, "So Jiang was panicked. He was dissatisfied with the expansion of the Eighth Route Army so quickly that he cut off the Eighth Route Army's military pay, which means he would not issue legal currency to the Eighth Route Army. But the Eighth Route Army was not afraid. They were all printed by the Red Army coins back then. At worst, they could continue to issue the Red Army coins 2.0 "Shandong Coin" as soon as the printing machine was turned on, but the old problem came again-"

Wang Qiang replied: "The people still don't recognize it? They only recognize the legal currency?"

Su Su smiled and said, "Yes!"

Wang Qiang frowned: "Then let's continue what I said before, salt Red Army coins and so on..."

Su Su said: "Yes, the currency war is coming, and the Japanese puppets sent spies to Shandong to sweep goods. At that time, Shandong's annual grain and oil production was only a few million tons, worth tens of millions of French currency, but suddenly hundreds of millions of French currency poured in to sweep goods. This is equivalent to the increase in currency issuance of ten times, but the grain output did not increase ten times. The result was to watch a large amount of materials being swept away, and then inflation, prices soared ten times, fiat currency depreciation, and Shandong's economy collapsed..."

Wang Qiang browed: "Will it be cheaper for me to share the same thing, and I will directly abolish the legal currency and circulate Shandong currency?"

Su Su smiled and said, "Yes, although in the first battle of the currency war, I didn't even see the enemy anywhere, and I didn't have the power to fight back at all, I lost huge losses. But it was also a way to take the opportunity to take over. But the people don't trust fiat currency, which does not mean that they trust the more unreliable Shandong currency, so--"

Wang Qiang already understood: "Old routine, make Shandong coins in grain!"

Su Su smiled and said, "Yes, Brother Qiang has graduated from Economics Primary School. But what I want to say is that the Japanese and puppet currency war method of using fiat currency to make fiat currency is very vicious, and it is difficult to solve it under normal circumstances. How did Japan do it at that time? Issuing Korean coins in the North Korean occupied areas and Manchuria in the Northeast. Although the value is equal to the Japanese yen, it can only be used locally. This is to prevent the enemy from using currency to sweep goods and launching a currency war once the territory is lost."

Wang Qiang nodded.

Su Su smiled and said, "Oh what? Brother Qiang knows that China is using this trick now?"

Wang Qiang said in surprise: "Ah?"

Su Su smiled and said, "What are the tens of trillions of foreign exchange reserves in China for? Ensure the currency credit of the RMB? That's nonsense! The RMB has never had anything to do with gold and foreign exchange reserves from the birth of the Red Army currency to the development and growth of the Shandong currency. These tens of trillions of foreign exchange are financial nuclear bombs! Brother Qiang thought about it, if China takes tens of trillions of dollars to the United States to buy goods, it would be to use the US dollar to fight the US dollar. The United States would not collapse yet?"

Wang Qiang said in shock: "Can he collapse compared to the size of the United States even collapse?"

Su Su shook her head and sighed: "Leverage, Brother Qiang! Let's take the housing prices that the people are most familiar with. International hot money does nothing, only speculates in houses, and makes housing prices soar. What will happen? House prices rise, rents rise, and vendors who rent houses can only increase the price of goods, and then the raw materials rise, and then the wages of workers must also increase - that is, speculators can leverage the housing prices by leveraging the leverage of housing prices through a little "small money" to drive the collective price increase in the entire industry. This is a 4-liang effort to make a 4-liang effort! The government cannot send over a 4-liang currency to deal with the challenge of these 4-liang, right?"

Wang Qiang suddenly realized: "So that's it! What should I do?"

Su Su smiled and said, "Administrative intervention! Don't look at the fierceness of China's verbal 'market economy', but it's just a casual play with everyone. At the critical moment, who is so fucking the market economy? So, although the United States has no industry, agriculture is still strong. They are desperately engaged in genetically modified grain soybeans to increase grain production and reserve materials are used to deal with the US dollar's shopping war against the US dollar. Many people emphasize that the US dollar is petroleum dollar. In fact, another pillar of the US dollar is grain dollar. Monsanto in the United States is equivalent to the Middle East."

Wang Qiang sighed: "Jusu said just now that after China joined the WTO, people were ridiculed as stupid. The US dollar that I finally earned was going to buy US Treasury bonds again. Is this a routine?"

Su Su smiled and said, "Yes, if the Turkish Communist Party is really stupid, then the United States will be fooled by the United States to buy those junk bonds that are playing tricks on Wall Street. However, the Turkish Communist Party only recognizes the U.S. Treasury bonds and is unmoved by those big fools."

Wang Qiang asked again: "But if you really go to the United States to buy goods in full, it will be a war?"

Su Su smiled and said, "So they usually use these dollars to harvest Japan and so on! Every time the United States uses the dollars to harvest Japan, the US dollar in China also rushes in, so I won't talk about these complicated things. In short, the United States hates the US dollar in China. This is the same as the magnificent legal currency in the hands of the Japanese and puppets at the time when the Eighth Route Army hated the huge amount of legal currency in the hands of the Japanese and puppets. So, as long as the US currency is controlled by a large amount of "enemy countries", any monetary policy in the United States will become unusable."

Wang Qiang suddenly realized: "The most critical link in the US dollar harvesting that Su Su just said is to let the US dollar return, which means that the enemy country will spit out the US dollar in its hands?"

Su Su laughed: "Yes, Brother Qiang realized that in addition to returning to take over the dollar and returning currency, it also has this meaning. The United States harvests Latin America and Southeast Asia, and its method makes the other party's economy depressed and searches all the foreign exchange in the other party's hands."

Su Su smiled again and said, "Also, China joins the WTO and buys anything more expensive. It's very stupid and sucker, right?"

Wang Qiang browed: "Is it a routine again?"

Su Su smiled and said, "Yes, just use a joke from Vietnam. Since Chinese workers came, the local prostitution market has been lifted up by the Chinese, and no locals have to prostitution anymore."

Wang Qiang said in surprise: "Damn!"
Chapter completed!