Countless people are aware of the cruelty of the currency war, but this quick-and-decisive currency war, a set of blitzkrieg combination punches continued with the signing of the "g9 Agreement", and China was able to win a great victory.

The "g9 Agreement" is almost a highly historical repetition of the "Platform Agreement". Although the situation is almost the same, the signing of this agreement is indispensable to the "travel" of Xiaobian back then. The Western world feels that with the lessons of Xiaobian, they can still avoid the reefs and dangerous shoals of the "g9 Agreement", at least that's what they think.

In fact, many people have ignored that it was not just a small book that signed the "Platform Agreement" back then, but also Germany, Britain and France, especially the German Mark, which has appreciated by 2.79 times in 1960, even surpassed the Japanese yen.

Now it is basically the same situation. After losing twenty years of the book, the Germans survived and became stronger and stronger. With this precedent, it gave the West a lot of confidence.

Therefore, the signing of this agreement is inseparable from the fact that Germany guided the West. The reason why the Germans did not repeat the mistakes of the small notebook was because they took a completely different path from the small notebook.

In economics, there are only two options for "independent monetary policy, free flow of capital, and fixed exchange rate" and one country cannot have three at the same time.

The currency battle back then was different from Xiaobian's nervousness and staring at the exchange rate madly, the Germans chose the first two, gave up their intervention in the exchange rate, focusing on domestic prices and production stability, and then considering exchange rate stability.

It seems that Germans also understand that development is the bottom line!

At that time, the small notebook was crazy about lowering the reserve requirement ratio and interest rates, trying to reverse the differences in exchange rates. However, the Germans lowered the discount rate and mortgage payment interest rate, but increased the deposit interest rate to more than 5.5%.

Unlike the central bank that obeys the adjustment of US monetary policy, the growth rate of m2 has risen from 8% to 12, while the growth rate of m2 in Germany has continued to cool down and decline.

These are different from small notebooks, and Germany has successfully avoided dangerous shoals. Not only did there not be a large-scale asset bubble, but its economy and exports were not even affected by large fluctuations in the exchange rate. By 1986, it even replaced the United States as the world's largest trading exporter.

However, it cannot be ignored that European integration shares a lot of risks for Germany, but there is no doubt that policy differences are the key to Germany's difficulties. This time, the European Union is collectively affected by disasters, and the risks will not disappear out of thin air, and can only be passed on. Who? Europeans are so bad that they see the third world countries.

However, Europeans never expected that the whole world would think that the "currency war" fought by the Chinese was against the US dollar, but in fact, the euro suffered a major disaster!

Who would have thought? Who would have thought that the black-bellied rabbit could still do this?

In fact, the Republic originally intended to not fight the euro, but the EU hit the gun and hit the dollar, it would hurt the euro. There was no way for the rabbit to do it. You are not lucky. This is like an ambitious little notebook. The little notebook has ambitions, and a series of planning and actions formulated to realize this ambition are also remarkable.

But the strategy of Xiaobian has the most, most fatal problem, that is, there is a more awesome giant Huaxia next door.

This is fate!

Simply put, what is your small country with a small notebook the size of a palm? What is it? It is obviously the life of a maid, but it always wants to be the master. What should you do if you dominate Asia and the world? Is it what you should do if you dominate the world? Do you think about it? Then don’t even think about it, and seek a fight!

But it cannot be said that Xiaobenzi is quite tragic. As the third largest economy in the world today, the resilience shown in the past, etc. With Xiaobenzi's strength, if he was born in Africa, he would be the absolute protagonist, even Europe could be called the regional protagonist, and he would not be worthy of competing with Germany.

But he was not lucky. God gave it to a giant like China, so he could only accept his fate and be honest as a supporting role.

This is the case with the EU now. As for this currency war, the EU is just in the wrong place. It is true that China is fighting the US dollar, but the euro is suffering from the disaster...

One of the tricks made the EU very uncomfortable. The black-bellied rabbit treated this differentiatedly to the extreme and did not implement any balanced policies, so the EU was hit here when it was hit by the disaster.

Europeans saw that China spent a lot of money to "take power" to attract the Russians to stand in Eastern Europe. Seeing that the Russians made such a big profit, they were also looking forward to it, so the EU was also looking forward to the Chinese people's compensation for Europe.

After all, when you compete with Americans for the position of "big boss", you must win over my brother to weaken your opponent. We will admit it in the future and do not object to it. So if you are the eldest brother, you eat meat, I am the younger brother, I drink soup. Anyway, what does the Americans stewed in the pot have to do with me?

Europeans think so happily.

But the result is that not to mention soup and meat, there is not even root hair!

The EU was stunned in an instant!

Instead, the British who play fiancés crazy about playing with fences has gained great benefits, which is incomprehensible to outsiders. The British were planning to get along with the Americans before, and that was the enemy of the Chinese. Isn’t this the enemy? And the funding is the most hateful "Erwuzi". The British can stab the Americans with a backhand. Do you dare to pull him as a teammate like this? Maybe one day you will stab you hard in the back. Are you afraid that Rabbit is not Shi Lezhi?

It is normal to have this understanding, but obviously the strategic layout is not good.

The whole world knows the despicable behavior of the British as a messenger. As long as you have the chance, anyone can stab you.

But there is one thing that the British will never do, that is, he will not sell his own interests, and the British stabbing others in various ways is not for his own vested interests?

It is in China's interests to have a powerful British man who is like a mess in Europe.

That's all, it's not really about handing over the back to the British, and Chinese people dare not do this kind of thing.

As a result, China has played a strategy of ultimate differentiation, and now the entire complex world game has been completely revitalized by rabbits.

From the perspective of the British, a strong Europe as a whole is not in line with the interests of the British. The British's infamous mainland balance policy has always deceived European partners, and European countries are not unaware of it. Simply put, it is to let European countries fight each other, and the British are good at taking advantage of the situation.

From the perspective of the Russians, the strength of the EU is not in Russia's interests. Although Damao admitted that Rabbit is the new world leader and made every effort to help him get ahead, Mao Xiong has a lot of ambitions and cannot reach the extreme of the world. At least he has to be the European big brother.
Chapter completed!