About us Subcompanies Products Showcase  
About us
Contact us
Add:Xingtai Industrial zone,Xingtai city,Hebei province,China
Tel: +86-319-2608697
Fax: +86-319-2608698
Mobile: +86-13722498663 
E-mail: ceo@xtskygroup.com
Skype: xtskygroup_henry
Home >>> News >>> Who will be the next country to burst up when the global currency crashes?
Who will be the next country to burst up when the global currency crashes?
Addname:    Viewcount:1     Date:2018-05-18 08:53:26
Although there is a brief boom in the beginning of the release of water, the inflated currency will break down the dike one day, and it is followed by hyperinflation, which is more and more like paper, even paper.

What is the most feared of the hard earned money? For ordinary people, the most fear is the rise in prices, the rise in the price of food and the rise in house prices.

Data show that in April, CPI was only 1.8%, which is already a very low level.

In fact, this past year consumer price overall is very powerful, generally more than 10%. But why is CPI still so low? Pork prices have been falling, and pork accounts for a high proportion in CPI.

At present, the price of pork is at the bottom of the valley, and a lot of pig farming has suffered losses, which will lead to a reduction in production.

The price of pork has a distinct cyclical nature. In the past 20 years, it has been a wave trend.

If you think that 1 years' price increase is 10%, it can't bear it. That only shows that you haven't seen what is really called hyperinflation.

Once the real hyperinflation takes place, even if it wants to go up to the rooftop, it may not be able to queue up.

Many of the former white rich and beautiful countries are falling down on the way of keeping water and playing bad banknote printing machines, looking at the more money of their own money, but falling into third world Diao silk overnight.

Recently, the Federal Reserve raised interest rates to blow up a pool of spring water. Many central banks began to raise interest rates desperately in order to retain capital.

Among them, Argentina has been on the brink of bad playing. In less than 10 days, Argentina's central bank raised the benchmark interest rate 3 times and the interest rate rose to 40%.

Instead of floating up to 40%, it is actually 40% interest, comrades! This means that banks need to pay nearly half of their assets every year before they can return interest.

Where does the Bank of Argentina go to raise the interest rate of 40%?

No doubt, it can only be printed with money. And once this money valve is lost, people can not help thinking of the fear of vicious inflation in history.


Keyword:

Next:No
Home | About us | Subcompanies | Products | News | Showcase | Contacts
Copyright XTSKY INDUSTRIAL GROUP LIMITED 2012 - 2013 www.xtskygroup.com. All Rights Reserved.