时隔四年重启降息   "美元潮汐"影响世界经济 - video Dailymotion

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八点最热报 | 美联储相隔四年后前三天首次宣布降息，这也是美国加息周期最久的一次。自从美国在上世纪70年代，美元与黄金脱钩，摆脱了黄金枷锁后，美元就此走上了霸权之路，靠着一轮又一轮加息降息所形成的“美元潮汐”，影响世界经济，大马也曾是其中一个受害者。最痛苦的例子是1997年的亚洲金融危机。（主播：梁宝仪）

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00:00Before watching the video, let me remind you that there is more content on the Hotpoint website.

00:30Before watching the video, let me remind you that there is more content on the Hotpoint website.

01:00Professor Lin Fuyan of the Department of Economics and Professor Zhong Zhiqiang of the Department of Economics of Laman University

01:04Both of them think that there is no evidence to prove that the U.S. continues to increase interest rates in order to destroy China's economy.

01:12Even if the U.S. really has this intention, it is difficult to do.

01:16After all, this is the practice of killing 1,000 enemies and losing 800.

01:20What's more, China and the U.S. have the same national strength.

01:23In addition, China's political system is also different from other countries.

01:27If the U.S. wants to destroy China's economy by increasing interest rates, it will first destroy its domestic markets and enterprises.

01:35However, as the largest economy in the world, plus the U.S. dollar is the main currency in the world,

01:41increasing interest rates in the U.S. will still hit the economy of a global nation.

01:45For example, Sri Lanka, a middle- and high-income country in Southeast Asia,

01:50has become the first new market country to go bankrupt in the U.S.-LinkedIn increase in interest rates.

01:56Looking back at history, Sri Lanka was not the first country to suffer from U.S. dollar increase in interest rates.

02:02In the early 1980s, the U.S. used a large increase in interest rates to fight domestic inflation and promote U.S. dollar inflation,

02:09thereby promoting U.S. dollar return and increasing global loan costs.

02:13This caused a debt crisis in 16 Latin American countries, causing economic stagnation and poverty.

02:19In the 1990s, in order to curb domestic inflation, the U.S. Fed increased interest rates seven times in 13 months.

02:27As the U.S. dollar continued to grow, it returned to the U.S.,

02:30which became a key factor in the Southeast Asian financial crisis.

02:34At that time, the U.S. dollar was also one of the victims.

02:37Lin Fuyan believes that the U.S. dollar is the world's main currency, and the global economy depends on the U.S. dollar.

02:43However, the U.S. did not take the corresponding responsibility,

02:46and instead used U.S. dollar hegemony to increase and decrease interest rates,

02:49which has always been based on domestic demand,

02:51without taking into account the economic development cycle of other countries.

02:55The U.S. dollar's position in international currency has enjoyed great popularity,

02:59but the crisis is borne by other countries.

03:02U.S. Secretary of the Treasury John Connolly even said,

03:08the U.S. dollar is our currency, but it is your problem.

03:14The U.S. dollar began to have a cycle of influence in the 1980s.

03:18In the 1980s, countries like South America and Latin America were affected.

03:24It is a pity that some of them went from advanced countries to low-income countries.

03:28In the 1990s, we are most familiar with Malaysia.

03:31When our economy was about to take off and become an advanced country,

03:36the so-called gold-mining crisis occurred.

03:39Since the U.S. dollar decoupled from gold in the 1970s,

03:44the U.S. dollar has taken the path of hegemony.

03:47The U.S. dollar has been influencing the world economy

03:51by increasing and decreasing interest rates.

03:53Malaysia used to be one of the victims.

03:56The most painful example is the 1997 Asian financial crisis.

04:00One of the factors that triggered this storm was the U.S. dollar's rapid increase in interest rates.

04:05The Chinese financial community called it a harvest of leeks.

04:36The U.S. dollar has also disrupted the Malaysian economy.

04:41The U.S. dollar has limited our so-called middle-income countries to today.

04:45The U.S. dollar has had a great impact.

04:47Professor Lin Fuyan, a professor at the University of Northeast China, said

04:50the U.S. dollar has taken the path of hegemony.

04:52The U.S. dollar has caused the financial chain of other countries to break down.

04:56After some countries were forced to sell their assets,

04:59the U.S. dollar has taken the path of hegemony again.

05:01The U.S. dollar has caused the U.S. dollar to flow into middle-income countries

05:05and to buy their assets at a low price.

05:07This has created a vicious cycle in other emerging countries.

05:11I remember that after the financial crisis,

05:14a Korean entrepreneur said during an interview that

05:20he had not gone to the U.S. for decades.

05:24He had established a company and went public.

05:29So his price fell to the ground.

05:31Then the U.S. dollar came in and bought his company's stocks.

05:34He became the boss.

05:35So he worked hard and sold his stocks to others.

05:38However, Professor Zhong Zhijiang, a professor at the University of Ramana, said

05:41the U.S. dollar's rise and fall has affected global capital flows.

05:45But for those countries where money and the economy cannot bear the rise and fall of the U.S. dollar,

05:50their own economic foundations are quite fragile and problematic.

05:53The rise and fall of the U.S. dollar is just a push to worsen the situation,

05:56turning oil and gas into the last straw that can crush a camel to death.

06:00Over the past few years, only Sri Lanka and this country have gone bankrupt.

06:05This is because of the rise and fall of the U.S. dollar,

06:07which has caused the currency price to fall too high.

06:10The depreciation of the currency has caused a negative impact.

06:14However, if the U.S. dollar falls,

06:17if your bonds or national debt is based on the U.S. dollar,

06:23it will be beneficial to you.

06:25The U.S. dollar will not allow you to go bankrupt,

06:27and from the brink of bankruptcy, it will become the last straw.

06:30To this extent, there is no precedent.

06:32It is just the last straw that can crush a camel to death.

06:36If you have a good economy,

06:39no matter if the U.S. dollar rises or falls,

06:42it will not have a big impact on the national debt.

06:49Professor Lin Fuyan, a professor at the University of Ramana, said

06:52that the U.S. abuse of dollar hegemony

06:55has caused many countries to feel pressure

06:57and have no choice but to bear higher trade costs.

07:00This also makes more and more countries

07:01begin to take various practical actions,

07:03especially in developing countries,

07:05to accelerate the process of de-dollarization

07:08through diversified currency reserves

07:10to seek to get rid of dollar hegemony.

07:13Foreign media even described

07:15the process of world de-dollarization

07:17as though it could not be completed overnight,

07:19but it is obvious that

07:21the movement that has already begun

07:23will be irreversible.

时隔四年重启降息 "美元潮汐"影响世界经济

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