What does the RMB become the largest foreign currency on the Moscow Exchange for the first time? What does this mean?

Some people say that the renminbi is a currency that cannot be freely exchanged, so the renminbi is defective. This is the reason why the RMB cannot expand its international reserves. This is actually a classic discourse trap. The so -called free exchange is a fake proposition. What is free exchange? The current definition is to allow the so -called free exchange currency such as the US dollar, as well as the subsidiary currencies under the current US dollar's international currency system, such as euro, pound, yen, etc. Exchange the country's currency at will, or requires arbitrarily exchanged for the country's currency unconditionally, especially under capital.
Nowadays, the price of oil is one barrel of tens of dollars, and the total amount of US debt requires the level of one trillion trillion. With the strong military power of Mi Guo and the technology leading the world, Mi Guo successfully completed the number of US dollar units to increase a order of magnitude, and people in the world accepted their noses. The world economy is still running normally, and the country still lives a good life. As long as the price of oil stabilized in the next year or two to a barrel of about $ 200 and then stabilized.
I. The country can still ensure that the US dollar is still the main payment currency of the world's oil, and there is nothing wrong with the country. However, now the BUG of China has appeared, and the military hegemony of the Mi country has appeared strong rivals. From the status quo, with the 300 -year -old accumulation and the dividend of the two world victors, it is estimated that there are no major problems within five to ten years, which can be supported. It will be difficult to say after ten years. Then let's talk about the main opponent's RMB of the US dollar hegemony.
The Federal Reserve to rule the world by controlling the money bags of the people of the world, the way is to issue US debt. The total amount of U.S. debt ranges from hundreds of billions to hundreds of trillion yuan from the 60th and seventies of the last century. The total amount of U.S. bonds is to the order of magnitude every decades. This is a plunder of the Monopoly capital behind the Fed and its monopoly capital behind the world. In the 1970s, the unit price of oil was a few dollars a few dollars a few dollars. As a substantial central bank, the total US debt was only hundreds of billions of dollars.
. Then the question comes, can any country declare that its currency has the right to exchange free exchange, and then take the Federal Reserve to ask for unconditional exchanges to the US dollar. The answer to you is obviously negative. Therefore, the current so -called free exchange of currency is nothing more than a unidirectional free exchange right of the dollar. At present, the so -called internationalization of currency is not a pseudo -internationalization under the US dollar control system. This kind of internationalization, don't. The true internationalization and free exchange of RMB must step out of a new road and be able to get out of a new road.
The internationalization of the RMB, there are three feasible roads: The first road is the internationalization of many public dollars that publicly advocated. Specifically, it is the same as the central bank's unilateral release and guarantee of the US dollar capital, such as Argentina, Russia, India, Hong Kong, South Korea, Japan, and Thailand before the crisis of Southeast Asia. The essence is to use the RMB as a second -class currency under the US dollar system, and the country further consolidates its global currency hegemony.
3. China has continuously signed the currency swap agreement with other countries, and eventually squeezed out the US dollar in Southeast Asia, Africa, and Arabia, becoming a local essential reserve currency, and the local unilateral guarantee of the RMB free exchange right. In the world, the euro, etc. have also got rid of the status of the MI and US dollar currency, and the world has formed several currency areas such as US dollars, euro, rubles, etc., and the US dollar loses the status of global currencies.

It is after countless struggles and compromises. In the end, Mi Guo finally reached an unlimited currency exchange agreement with China, and the Fed and the People's Bank of China jointly guaranteed. Or set a limited number, such as 3 trillion US dollars in exchange scale, one for five years. That is to say, the two parties jointly guarantee that the RMB can be exchanged at arbitrarily, and the US dollar can also be redeemed at will. This is a real G2 model, and the possibility also exists.
. We still have to recognize the reality. Even if we adopt Renminbi settlement, we must do transactions under the framework of the US dollar. For a simple example: For example, the pricing of a barrel of oil is $ 100, which is priced at the dollar. When Saudi Arabia sells a barrel of oil in my country, it is based on the price of $ 100 per barrel, and then converted at the exchange rate to be converted into a exchange rate. About 700 yuan is sold to us again, is this still implemented in accordance with the set of trade rules of Mi Guo? Assuming that oil is still $ 100 a barrel, Saudi Arabia is priced at 650 yuan after measuring costs and profits.
Mo then we can buy it directly according to the price of the renminbi, so we do n’t have to buy the $ 100 at the exchange rate before buying it. If we can buy a bucket of Saudi oil with 600 yuan directly, who can use the dollar to buy oil? This road must be extremely difficult, but it must be taken. As a world factory, China has made great contributions to global development, but has always been at the bottom of the distribution of interests. Only by mastering the pricing power in our own hands can we be divided into larger cakes.
This in a special time, a special place in a exchange. In view of the current actual situation, it is normal and it should happen. However, the RMB internationalization journey has felt that there has been no progress in these years, and the central bank is still very cautious. If China and the United States confrontation intensify and the world is slowly differentiated, it is also conducive to the internationalization of RMB, but it is best not to realize this way.

It means that this development is still very stable, and everyone has also focused on this piece, which can benefit more people.