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梓笋
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2021-08-06
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2021-06-08
GGGgGg
Biogen's Alzheimer's disease drug was approved by FDA, and its stock soared 64%
百健公司有争议的阿尔茨海默病疗法获得美国监管机构的批准,这项具有里程碑意义的决定将极大改变脑功能退化问题的治疗方法。FDA周一发布公告称,允许该药物上市,因为它减少了类淀粉蛋白的水平——这是一种堵塞阿尔茨海默病患者大脑的粘性有害蛋白质。百健公司计划以Aduhelm的品牌名称销售该药物。此次批准是近年来FDA最重要的决定之一,对数百万阿尔茨海默病患者及其家人来说是个福音。其他从事阿尔茨海默病疗法研究的公司也上涨。
Biogen's Alzheimer's disease drug was approved by FDA, and its stock soared 64%
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2021-01-29
apple!!
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2021-01-29
???
An open letter from WSB retail investors: Melvin Capital and CNBC Listen up, this is the reason to snipe you
在美国散户抱团大战机构正酣之时,散户集中地wallstreetcbets论坛的一名用户发布一封公开信,写给被迫平仓游戏驿站空头头寸的对冲基金Melvin Capital、CNBC、二战结束后二十年内出生的婴儿潮一代以及所有WSB论坛用户。对于对冲基金Melvin Capital,我要说:你代表金融危机期间我仇恨的一切。
An open letter from WSB retail investors: Melvin Capital and CNBC Listen up, this is the reason to snipe you
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2021-01-22
....
Global inflation is just around the corner
什么东西都在涨价,除了普通人的劳动和收入。
Global inflation is just around the corner
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This is the first time in nearly 20 years that the FDA has approved the treatment of the disease. New drugs. Reuters pointed out in the report that Aduhelm can slow down the course of the patient's disease by removing the sticky deposits in the patient's brain, thereby slowing down the occurrence of memory loss and inability to take care of itself. Baijian suspended trading for nearly 3 hours on Monday morning, and then the resumption of trading was stimulated by positive news, and its stock price once soared by more than 60%.</p><p>Dr. Patrizia Cavazzoni, director of the FDA's Center for Drug Evaluation and Research, noted in a press release:</p><p>We are well aware of how much attention is surrounding this (drug) approval. We can understand that Aduhelm has garnered the attention of the media, the Alzheimer's disease patient community, officials and stakeholders. With treatments for serious and fatal diseases pending, it makes sense that the findings of this review have received much attention. According to the media, Peter Stein, director of the Office of New Drugs under the FDA Center for Drug Evaluation and Research, said that patients are willing to accept uncertainty in order to obtain drugs that can bring obvious benefits in preventing Alzheimer's disease, because everyone knows that this disease will have devastating consequences.</p><p>However, it should be noted that the FDA's approval of Aduhelm is not completely unconditional, but requires \"Phase IV\" clinical research. In this regard, the FDA stated in a press release that the data from two phase III clinical trials in the materials submitted by Biogen are very complex, and there are still uncertainties. Whether Aduhelm should be approved or not has been debated by the public many times, and as usually happens when interpreting scientific data, experts have different views. There are also many scientists who oppose the approval of this drug, saying that it doesn't work.</p><p>The opinion of the opposing party is not without foundation. Some of the performances of the Aduhelm drug in trials were not satisfactory. According to Bloomberg, in a large trial conducted by Biogen, the drug was generally ineffective. In another similar study, high doses of the drug reduced the rate of disease progression by only 22% over 18 months.</p><p>Some clinicians are also skeptical about this drug. According to CNBC, some doctors said that due to the mixed clinical data supporting Aduhelm, they would not prescribe the drug in their prescriptions if the drug was actually marketed.</p><p>Biogen suspended trading for nearly 3 hours on Monday morning. After that, when it resumed trading, it was driven by the news of Aduhelm's approval. It broke through the two barriers of $300 and $400 in succession, with an intraday increase of 64%, and then it retreated. As of the close, Biogen rose 38.34% to $395.85. The biomedical sector of the U.S. stock market also rose due to the positive impact. The Nasdaq Biotechnology Index rose by more than 5% after the news was announced. The market expects that the approval of the latest drug will generate billions of dollars in revenue for the company.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biogen's Alzheimer's disease drug was approved by FDA, and its stock soared 64%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiogen's Alzheimer's disease drug was approved by FDA, and its stock soared 64%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-08 08:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The U.S. Food and Drug Administration (FDA) approved Biogen's experimental drug aducanumab (trade name: Aduhelm) for the treatment of Alzheimer's disease on Monday, Eastern Time. This is the first time in nearly 20 years that the FDA has approved the treatment of the disease. New drugs. Reuters pointed out in the report that Aduhelm can slow down the course of the patient's disease by removing the sticky deposits in the patient's brain, thereby slowing down the occurrence of memory loss and inability to take care of itself. Baijian suspended trading for nearly 3 hours on Monday morning, and then the resumption of trading was stimulated by positive news, and its stock price once soared by more than 60%.</p><p>Dr. Patrizia Cavazzoni, director of the FDA's Center for Drug Evaluation and Research, noted in a press release:</p><p>We are well aware of how much attention is surrounding this (drug) approval. We can understand that Aduhelm has garnered the attention of the media, the Alzheimer's disease patient community, officials and stakeholders. With treatments for serious and fatal diseases pending, it makes sense that the findings of this review have received much attention. According to the media, Peter Stein, director of the Office of New Drugs under the FDA Center for Drug Evaluation and Research, said that patients are willing to accept uncertainty in order to obtain drugs that can bring obvious benefits in preventing Alzheimer's disease, because everyone knows that this disease will have devastating consequences.</p><p>However, it should be noted that the FDA's approval of Aduhelm is not completely unconditional, but requires \"Phase IV\" clinical research. In this regard, the FDA stated in a press release that the data from two phase III clinical trials in the materials submitted by Biogen are very complex, and there are still uncertainties. Whether Aduhelm should be approved or not has been debated by the public many times, and as usually happens when interpreting scientific data, experts have different views. There are also many scientists who oppose the approval of this drug, saying that it doesn't work.</p><p>The opinion of the opposing party is not without foundation. Some of the performances of the Aduhelm drug in trials were not satisfactory. According to Bloomberg, in a large trial conducted by Biogen, the drug was generally ineffective. In another similar study, high doses of the drug reduced the rate of disease progression by only 22% over 18 months.</p><p>Some clinicians are also skeptical about this drug. According to CNBC, some doctors said that due to the mixed clinical data supporting Aduhelm, they would not prescribe the drug in their prescriptions if the drug was actually marketed.</p><p>Biogen suspended trading for nearly 3 hours on Monday morning. After that, when it resumed trading, it was driven by the news of Aduhelm's approval. It broke through the two barriers of $300 and $400 in succession, with an intraday increase of 64%, and then it retreated. As of the close, Biogen rose 38.34% to $395.85. The biomedical sector of the U.S. stock market also rose due to the positive impact. The Nasdaq Biotechnology Index rose by more than 5% after the news was announced. The market expects that the approval of the latest drug will generate billions of dollars in revenue for the company.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c5f6cd84096ca9b3b893fb788b76d134","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141258798","content_text":"美国食品和药物管理局(FDA)在美东时间周一批准了百健(Biogen)治疗阿尔茨海默病的试验性药物aducanumab(商品名:Aduhelm),这也是近20年来FDA首次批准治疗该病症的新药。路透社在报道当中指出,Aduhelm可以通过清除患者大脑中的粘性沉积物以减缓患者的病程发展,进而减缓记忆丧失和生活不能自理等情况的发生。百健在周一早间曾停牌近3小时,之后复牌受到利好刺激,股价一度暴涨超60%。FDA药物评估和研究中心主任Patrizia Cavazzoni博士在一份新闻稿中指出:我们很清楚围绕这一(药品)批准有多少关注。我们能够理解Aduhelm获得了媒体,阿尔茨海默病患者群体,官员以及利益相关方的关注。在严重且致命的疾病治疗方法悬而未决的情况下,这次审查的结果受到众多关注是有道理的。据媒体,FDA药物评估和研究中心下属的新药办公室主任Peter Stein表示,病人愿意接受不确定性,以获得在防止阿尔茨海默病方面能带来明显益处的药物,因为大家都知道这种疾病会带来毁灭性的后果。不过需要注意的是,FDA本次批准Aduhelm并非完全无条件,而是需要进行“第四阶段”临床研究。对此FDA在新闻稿当中表示,百健提交的材料中来自于两项三期临床试验的数据非常复杂,而且仍有不确定性残留。Aduhelm应被批准与否早已经过了公众的多次辩论,而且正如同解读科学数据时通常出现的情况,专家方面也有不同观点。也有许多科学家反对批准这一药物,说它不起作用。反对方的意见并非毫无依据。Aduhelm药物在试验中的一些表现不尽如人意。据彭博,在Biogen公司进行的一项大型试验中,该药物总体上是无效的。在另一项类似的研究中,高剂量的药物在18个月内将疾病的发展速度仅降低了22%。而部分临床医生对此药物同样抱有怀疑态度。据CNBC,部分医生表示,由于支撑Aduhelm的临床数据喜忧参半,如果该药品真的上市,他们不会在处方中开出此药。百健周一早间曾停牌近3小时,之后复牌时受到Aduhelm获批消息的利好带动,连续突破了300美元和400美元两道关口,日内涨幅曾一度达到64%,而在之后则出现回吐。截至收盘,百健上涨38.34%,报395.85美元。而美股生物医药板块也受到利好影响出现拉升,纳斯达克生物科技指数在消息公布之后曾涨逾5%。市场预计,最新药物的批准将为公司带来数十亿美元的收入。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316043300,"gmtCreate":1611906663200,"gmtModify":1704865515636,"author":{"id":"3573083490665949","authorId":"3573083490665949","name":"梓笋","avatar":"https://static.tigerbbs.com/8a294795cbcf0a404e687023dcd20aeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573083490665949","idStr":"3573083490665949"},"themes":[],"htmlText":"apple!!","listText":"apple!!","text":"apple!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316043300","repostId":"1135439599","repostType":4,"isVote":1,"tweetType":1,"viewCount":1354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316055619,"gmtCreate":1611906394331,"gmtModify":1704865509301,"author":{"id":"3573083490665949","authorId":"3573083490665949","name":"梓笋","avatar":"https://static.tigerbbs.com/8a294795cbcf0a404e687023dcd20aeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573083490665949","idStr":"3573083490665949"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316055619","repostId":"1189643321","repostType":4,"repost":{"id":"1189643321","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1611880785,"share":"https://ttm.financial/m/news/1189643321?lang=en_US&edition=fundamental","pubTime":"2021-01-29 08:39","market":"us","language":"zh","title":"An open letter from WSB retail investors: Melvin Capital and CNBC Listen up, this is the reason to snipe you","url":"https://stock-news.laohu8.com/highlight/detail?id=1189643321","media":"老虎资讯综合","summary":"在美国散户抱团大战机构正酣之时,散户集中地wallstreetcbets论坛的一名用户发布一封公开信,写给被迫平仓游戏驿站空头头寸的对冲基金Melvin Capital、CNBC、二战结束后二十年内出生的婴儿潮一代以及所有WSB论坛用户。对于对冲基金Melvin Capital,我要说:你代表金融危机期间我仇恨的一切。","content":"<p>Source: Wall Street News</p><p>At a time when the U.S. retail investor group war is in full swing, a user of the wallstreetcbets (WSB) forum, where retail investors are concentrated, posted an open letter to the hedge funds Melvin Capital, CNBC, and twenty years after the end of World War II that were forced to close their short positions in GameStop. Baby boomers born and all WSB forum users.</p><p>In the letter, the retail investor reprimanded Wall Street institutions represented by Melvin Capital, saying that they caused great suffering to millions of ordinary people in the 2008 financial crisis, but they were not punished in any way. Instead, they were rescued. Now they openly and illegally shorted stocks like GameStop, and did not learn any lesson from the crisis. The retail investor accused mainstream media such as CNBC of accepting sponsorships from large companies, speaking out for them, and demonizing individual stocks such as retail investors' hot-speculated GameStop, saying that such media touting institutions is short-sighted for profit.</p><p>This retail investor called on the baby boomer generation not to be bewitched by the media, hoping that they would understand that the Wall Street institutions now attacked by retail investors were the culprits that caused their children and grandchildren to suffer during the financial crisis. Retail investors are now seizing a once-in-a-lifetime opportunity to punish these institutions. Finally, the retail investor thanked a WSB forum user who participated in buying GameStop stock, saying that they achieved a rare robbing of the rich and helping the poor.</p><p>The full text of this open letter is as follows:</p><p>I was catching up with the 2008 financial crisis as a teenager. I clearly remember how much the unscrupulous actions of the gang on Wall Street affected my life personally and the lives of those around me. I'm lucky. My parents are cautious and paranoid. They have some food saved. When the crisis struck, our family kept their small house and lived on muffin flour, milk powder, beans and rice for a year. Since then, my parents have been in the habit of storing food, and they have updated their inventory to ensure that fresh food is stored. But the relatives and friends around me were not so lucky. My aunt moved in with us and paid a little rent for my family. At that time, she was desperately outside looking for all the work she could do. Does anyone know what that sort of tomato soup taste like made with tomato sauce packets from the school cafeteria? My friends were forced to taste it. Nearly a year after the worst of the crisis, my father stabilized our family's source of income and had time to help others tide over the difficulties. He asked my friend's father to do odd jobs and help with housework. One of them made a new closet for my living room, and another took care of flowers and plants in my yard. I will always be proud of having such parents, because even when I suspect that my family's money is still tight, they can notice those who need help most and enthusiastically lend a helping hand. To hedge fund Melvin Capital, I say this: You represent everything I hated during the financial crisis. You are a company that makes money by exploiting other companies and manipulating the market and the media. Your continued existence is tantamount to a profound reminder to those responsible for the suffering caused by the 2008 crisis that they were not punished for what they did back then. Your blatant disregard for the law, whether it was the naked illegal short selling a few months ago (tell your lawyer this is an accusation) or the recent shameless market manipulation, shows that you haven't learned any lesson since 2008. Why would it target you? Because you guys on Wall Street made terrible illegal financial decisions, changed the lives of millions of people, and brought bad consequences, but you were rescued and rewarded. I bought stocks a few days ago. I took out my savings to buy GameStop (GME) stocks, paid this month's rent with my credit card, and used the original rent money to buy more GME stocks (I don't recommend this to WSB users). I hold these stocks now. This is my personal decision, and the decision of millions of others. You can crush GME's share price to $120 in a few hours, and I'm not running. You can spend money on thousands of reddit forums for bot interference, but I just want to hold. You can have all the mainstream media vilify us (retail investors) as monsters, I don't care. I will do everything I can to make you miserable. To CNBC, I want to say: You have to realize that publicizing the organization's schedule can only make you profit in the short term, just in the short term. Your regular audience will soon get older, too old to care about you, and millions of us-not only WSB users, but also everyone who was affected by the 2008 crisis and is now paying attention to GME-will remember how you spoke for those companies that destroyed many of us, and also tried to break down the little people. I am sure, I will remember. Here's a link address that compiles a list of CNBC's sponsors and partners. They include, but are not limited to, IBM, Cisco, T-Mobile, JPMorgan Chase, Oracle, and ZipRecruiter. CNBC's parent company is NBCUniversal, while it is controlled by Comcast and General Electric. For baby boomers and/or those close to that age, pay attention to these \"Millennial blog posts\": you will realize that even if you weren't negatively affected by the '08 crash, your sons and daughters, and possibly grandchildren, are most likely victims. We are not your enemies, we are in the same camp. Don't listen to those media who say we destroy the market and attack us. We just have a once-in-a-lifetime opportunity to punish those guys who caused so much pain and stress ten years ago, and we are seizing this opportunity. Your children and grandchildren may have suffered what I call because of the institutions we are fighting against. Do you really want to choose to support those people for the sake of your family and friends? We are not asking you to risk your 401K pension account or retirement fund to buy a stock of GameStop. We just ask you to understand and show your support, instead of supporting those who caused such suffering ten years ago. To my friends in the WSB forum, I have to say this: you all are great. I can guess that I'm not the only one taking personal action. I've read many posts from people about what you all went through in the '08 crash. Whether you are for profit, a persistent \"nail household\" like myself, or just maybe participating with the tide of market volatility, I appreciate it. Each and every one of you is the reason we have this opportunity. I've never been so optimistic about the future before. In front of many of you is a huge amount of money that can change lives. It is a rare example of redistributing the wealth of the rich to the poor, and it is already amazing to participate in it. I love you all.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>An open letter from WSB retail investors: Melvin Capital and CNBC Listen up, this is the reason to snipe you</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAn open letter from WSB retail investors: Melvin Capital and CNBC Listen up, this is the reason to snipe you\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-01-29 08:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Source: Wall Street News</p><p>At a time when the U.S. retail investor group war is in full swing, a user of the wallstreetcbets (WSB) forum, where retail investors are concentrated, posted an open letter to the hedge funds Melvin Capital, CNBC, and twenty years after the end of World War II that were forced to close their short positions in GameStop. Baby boomers born and all WSB forum users.</p><p>In the letter, the retail investor reprimanded Wall Street institutions represented by Melvin Capital, saying that they caused great suffering to millions of ordinary people in the 2008 financial crisis, but they were not punished in any way. Instead, they were rescued. Now they openly and illegally shorted stocks like GameStop, and did not learn any lesson from the crisis. The retail investor accused mainstream media such as CNBC of accepting sponsorships from large companies, speaking out for them, and demonizing individual stocks such as retail investors' hot-speculated GameStop, saying that such media touting institutions is short-sighted for profit.</p><p>This retail investor called on the baby boomer generation not to be bewitched by the media, hoping that they would understand that the Wall Street institutions now attacked by retail investors were the culprits that caused their children and grandchildren to suffer during the financial crisis. Retail investors are now seizing a once-in-a-lifetime opportunity to punish these institutions. Finally, the retail investor thanked a WSB forum user who participated in buying GameStop stock, saying that they achieved a rare robbing of the rich and helping the poor.</p><p>The full text of this open letter is as follows:</p><p>I was catching up with the 2008 financial crisis as a teenager. I clearly remember how much the unscrupulous actions of the gang on Wall Street affected my life personally and the lives of those around me. I'm lucky. My parents are cautious and paranoid. They have some food saved. When the crisis struck, our family kept their small house and lived on muffin flour, milk powder, beans and rice for a year. Since then, my parents have been in the habit of storing food, and they have updated their inventory to ensure that fresh food is stored. But the relatives and friends around me were not so lucky. My aunt moved in with us and paid a little rent for my family. At that time, she was desperately outside looking for all the work she could do. Does anyone know what that sort of tomato soup taste like made with tomato sauce packets from the school cafeteria? My friends were forced to taste it. Nearly a year after the worst of the crisis, my father stabilized our family's source of income and had time to help others tide over the difficulties. He asked my friend's father to do odd jobs and help with housework. One of them made a new closet for my living room, and another took care of flowers and plants in my yard. I will always be proud of having such parents, because even when I suspect that my family's money is still tight, they can notice those who need help most and enthusiastically lend a helping hand. To hedge fund Melvin Capital, I say this: You represent everything I hated during the financial crisis. You are a company that makes money by exploiting other companies and manipulating the market and the media. Your continued existence is tantamount to a profound reminder to those responsible for the suffering caused by the 2008 crisis that they were not punished for what they did back then. Your blatant disregard for the law, whether it was the naked illegal short selling a few months ago (tell your lawyer this is an accusation) or the recent shameless market manipulation, shows that you haven't learned any lesson since 2008. Why would it target you? Because you guys on Wall Street made terrible illegal financial decisions, changed the lives of millions of people, and brought bad consequences, but you were rescued and rewarded. I bought stocks a few days ago. I took out my savings to buy GameStop (GME) stocks, paid this month's rent with my credit card, and used the original rent money to buy more GME stocks (I don't recommend this to WSB users). I hold these stocks now. This is my personal decision, and the decision of millions of others. You can crush GME's share price to $120 in a few hours, and I'm not running. You can spend money on thousands of reddit forums for bot interference, but I just want to hold. You can have all the mainstream media vilify us (retail investors) as monsters, I don't care. I will do everything I can to make you miserable. To CNBC, I want to say: You have to realize that publicizing the organization's schedule can only make you profit in the short term, just in the short term. Your regular audience will soon get older, too old to care about you, and millions of us-not only WSB users, but also everyone who was affected by the 2008 crisis and is now paying attention to GME-will remember how you spoke for those companies that destroyed many of us, and also tried to break down the little people. I am sure, I will remember. Here's a link address that compiles a list of CNBC's sponsors and partners. They include, but are not limited to, IBM, Cisco, T-Mobile, JPMorgan Chase, Oracle, and ZipRecruiter. CNBC's parent company is NBCUniversal, while it is controlled by Comcast and General Electric. For baby boomers and/or those close to that age, pay attention to these \"Millennial blog posts\": you will realize that even if you weren't negatively affected by the '08 crash, your sons and daughters, and possibly grandchildren, are most likely victims. We are not your enemies, we are in the same camp. Don't listen to those media who say we destroy the market and attack us. We just have a once-in-a-lifetime opportunity to punish those guys who caused so much pain and stress ten years ago, and we are seizing this opportunity. Your children and grandchildren may have suffered what I call because of the institutions we are fighting against. Do you really want to choose to support those people for the sake of your family and friends? We are not asking you to risk your 401K pension account or retirement fund to buy a stock of GameStop. We just ask you to understand and show your support, instead of supporting those who caused such suffering ten years ago. To my friends in the WSB forum, I have to say this: you all are great. I can guess that I'm not the only one taking personal action. I've read many posts from people about what you all went through in the '08 crash. Whether you are for profit, a persistent \"nail household\" like myself, or just maybe participating with the tide of market volatility, I appreciate it. Each and every one of you is the reason we have this opportunity. I've never been so optimistic about the future before. In front of many of you is a huge amount of money that can change lives. It is a rare example of redistributing the wealth of the rich to the poor, and it is already amazing to participate in it. I love you all.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fd8a158b2676a493c439f246cd1bb0a","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189643321","content_text":"来源:华尔街见闻在美国散户抱团大战机构正酣之时,散户集中地wallstreetcbets(WSB)论坛的一名用户发布一封公开信,写给被迫平仓游戏驿站空头头寸的对冲基金Melvin Capital、CNBC、二战结束后二十年内出生的婴儿潮一代以及所有WSB论坛用户。信中,这名散户斥责以Melvin Capital为代表的华尔街机构,称他们在2008年的金融危机中给数以百万的普通民众制造了莫大的苦难,却没有受到任何惩罚,反而得到救助,如今又公然非法做空游戏驿站这样的个股,没有从危机中吸取丝毫教训。该散户指责CNBC这样的主流媒体收受大企业的赞助,为他们发声,将散户的热炒游戏驿站等个股妖魔化,称这类媒体吹捧机构是短视的牟利行为。这名散户呼吁婴儿潮一代老年人不要受媒体的蛊惑,希望他们理解,现在遭散户攻击的华尔街机构正是当年金融危机期间让他们的子孙受苦的元凶,散户现在就是在把握一生难得一次的机会惩罚这些机构。最后,该散户感谢一道参与买入游戏驿站股票的WSB论坛用户,称他们实现了少有的劫富济贫。这封公开信的全文如下:我十几岁的时候正赶上2008年金融危机。我清楚地记得,华尔街那帮人毫无顾忌的行动给我个人和我身边人的生活带来了多大的影响。我是幸运的,我父母为人谨慎,而且有点疑神疑鬼,他们存了些食物。危机来袭的时候,我们家保住了自己的小屋子,就靠松饼粉、奶粉、豆子和米饭过活,熬了一年。打那以后,我父母一直在有存食物的习惯,而且更新存货,保证存的是新鲜食品。但我周围的那些亲朋好友就没那么幸运了。我阿姨搬过来和我们住在一起,给我家付一点房租,那时候,她在外面拼命找一切能干的活。有人知道用学校食堂里的番茄酱料包做的那种番茄汤是什么味道吗?我的朋友们被迫尝过。危机最严重的时候过后将近一年,我父亲才稳定了我们一家的收入来源,来得及去帮别人渡过难关。他请了我朋友的父亲打零工,帮忙做家事。其中有个人给我家的客厅做了一个新的壁橱,还有个人给我家院子打理花草。我永远都为有这样的父母感到骄傲,因为即使是在我怀疑自家的钱还紧巴巴的时候,他们也能留意到那些最需要帮助的人,并且热情地伸出援手。对于对冲基金Melvin Capital,我要说:你代表金融危机期间我仇恨的一切。你是一家靠剥削别家公司和操纵市场以及媒体赚钱的公司。你的继续存在就等于在深刻提醒那些要为08年危机制造的苦难负责的人,他们没有因为当年的所作所为受到惩罚。你明目张胆地罔顾法律,不论是几个月前赤裸裸的非法卖空(告诉你的律师这是指控),还是最近无耻的市场操纵,都显示出,08年以来,你没有吸取任何教训。为什么会针对你?因为你们那些华尔街的家伙做了可怕的非法金融决策,改变了几百万人的生活,带来恶劣后果,却得到救助和奖赏。几天前我买了股票,我把积蓄掏出来买了游戏驿站(GME)的股票,用信用卡付了这个月的房租,把原本付房租的钱用来买了更多的GME股票(我不建议WSB的用户们这么做)。我现在持有这些股票。这是我个人的决定,也是其他几百万人的决定。你可以几小时内把GME的股价打压到120美元,我不会逃的。你可以花钱买几千个reddit论坛的机器人干扰,可我就是要持有。你可以让所有的主流媒体把我们(散户)丑化成妖魔鬼怪,我不在乎。我要尽一切能力让你痛苦。对CNBC,我要说:你必须意识到,给机构的计划日程做宣传只能让你短期获利,只是短期的。你的固定观众会很快越来越年老,年纪太老之后不会再管你怎样,而我们几百万人——不仅是WSB的用户,还包括所有受08年危机影响、并且现在关注着GME的人,都会记得你是怎样为那些摧毁我们很多人的公司代言,而且还企图打垮小人物。我确信,我会记得。这里有一个链接地址,整理了CNBC的赞助者和合作伙伴清单。他们包括但不限于IBM、思科、T-Mobile、摩根大通、甲骨文和ZipRecruiter。CNBC的母公司是NBCUniversal,而它是由Comcast和通用电气控股的。对婴儿潮一代和/或接近那个年纪的人,请注意这些“千禧一代人的博客文章”:你们会意识到,即使你没有受到08年崩盘的负面影响,你们的儿女以及可能还有孙辈最有可能都是受害者。我们不是你们的敌人,我们是同一个阵营。不要听信那些媒体说我们破坏市场就来攻击我们。我们只是拥有了一生中难得一次的机会,可以惩罚那帮十年前制造那么多苦痛和压力的家伙,我们在把握这个机会。你们的儿孙可能就因为我们在奋起反抗的那些机构而遭受过我所说的那些苦难。为了自己家人和朋友着想,你们真的想选择支持那帮人吗?我们并不是要求你们拿自己的401K养老金账户或者退休基金冒险,去买一只游戏驿站的股票。我们只是请你们理解,表示支持,不要支援那些十年前造成如此苦难的人。对WSB论坛的朋友,我要说:你们大家都很棒。我能猜想到,我不是唯一一个采取个人行动的人。我读过很多人的帖子,讲述了你们都在08年崩盘中经历了什么。无论你是为了牟利,还是像我这样坚持的“钉子户”,或者只是可能随着市场波动的潮流参与其中,我都表示感谢。你们每一个人都是我们拥有这个机会的原因。我以前从未这样对未来感到乐观。摆在你们很多人面前的是能改变人生的庞大资金。将富人手中的财富重新分配给穷人,这是一个罕见的实例,参与其中就已经是惊人之举。我爱你们大家。","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310294602,"gmtCreate":1611328407006,"gmtModify":1704859674973,"author":{"id":"3573083490665949","authorId":"3573083490665949","name":"梓笋","avatar":"https://static.tigerbbs.com/8a294795cbcf0a404e687023dcd20aeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573083490665949","idStr":"3573083490665949"},"themes":[],"htmlText":"....","listText":"....","text":"....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310294602","repostId":"1110741694","repostType":4,"repost":{"id":"1110741694","kind":"news","pubTimestamp":1611322687,"share":"https://ttm.financial/m/news/1110741694?lang=en_US&edition=fundamental","pubTime":"2021-01-22 21:38","market":"hk","language":"zh","title":"Global inflation is just around the corner","url":"https://stock-news.laohu8.com/highlight/detail?id=1110741694","media":"财主家的余粮","summary":"什么东西都在涨价,除了普通人的劳动和收入。","content":"<p>Last night, I went to have a midnight snack, and the owner of the barbecue stall complained to me:</p><p>\"You can only buy 5 peppers for 10 yuan. After I roast them, I can only sell them for 3 yuan at most. Others still think it is expensive. How cheap is my labor?\" Yes,<b>Everything is going up in price except the labor and income of ordinary people.</b></p><p>In the article \"The End of Credit Money\", I once mentioned that there is a self-evident truth in the economic history of mankind for thousands of years:</p><p><b>Monetary interest rates can be infinitely high, but cannot be infinitely low. The minimum interest rate limit is 0.</b></p><p>Because everything called \"wealth\" has acquisition cost and scarcity. In order to exchange different types of wealth, human beings invented the concept of money, and used the value of money to identify the scale of wealth-as a representative of wealth, money is of course scarce.</p><p>Because it is scarce, you have to pay a cost when you borrow other people's money. This cost is interest, and we call the interest paid within one year as a proportion of the borrowed amount \"interest rate\" or \"rate of return\".</p><p>Whether real or nominal interest rates, all actions of lowering interest rates below zero violate the laws of nature.</p><p>You have a bucket of honey, and someone promised to borrow it at an interest rate of 10%. However, when you return it, although the weight has increased by 10%, you find that 20% water has been added to the honey. Who is this person?</p><p>Is a rhetoric liar.</p><p>You have a bucket of honey, and someone wants to borrow your honey. Not only will he not pay you interest, but on the other hand, he will confiscate part of your honey for him as interest. Who is this person?</p><p>Since 2014, the central banks of Japan, the United Kingdom, Europe and the United States have successively lowered the real interest rate of their currencies below 0 through huge amounts of money printing and bond purchases-even, like the euro zone and Japan, sometimes simply let the nominal yield become negative.</p><p><img src=\"https://static.tigerbbs.com/3b579b07c20396fd629934211e860872\" tg-width=\"997\" tg-height=\"628\"></p><p><img src=\"https://static.tigerbbs.com/929146fdff54caacb0605e7d050c3336\" tg-width=\"958\" tg-height=\"468\"></p><p>It is precisely because they have kept the real rate of return of Treasury Bond in various countries below 0 for a long time that smart people have continued to doubt their belief in credit currency.</p><p>Since 2014, with the price of crude oil, the king of commodities, plummeting, American technology stocks, Chinese real estate, gold and Bitcoin as a whole have continued to skyrocket. What they reflect is not the appreciation of assets themselves, but the confrontation of smart people against the currency bubble frantically created by the central bank.</p><p>See a picture of asset bubbles by Bank of America, which lists the major asset price surges that have occurred in more than 40 years since 1977, and Bitcoin is the most notable one. So, the title is called: Bitcoin is the mother of bubbles?</p><p><img src=\"https://static.tigerbbs.com/cfa710ff2ee8259f17fe083213326c65\" tg-width=\"686\" tg-height=\"388\"></p><p>In fact, the gold bubble around 1980, the Nikkei bubble around 1990, the Thai asset bubble around 1997, the technology stock bubble around 2000, the U.S. housing price bubble in 2006, and the Chinese stock market bubble in 2007 listed in this picture, if we analyze it in detail,<b>Almost every bubble comes from the credit money bubble</b>!</p><p>In my opinion, except for the bubble of credit money itself, other major classes of assets are actually not a bubble.</p><p>The figure below shows the expansion of the central bank balance sheets of the 10 largest western economies since 2006. Dark blue, light blue and gray are the balance sheets of the Federal Reserve, the European Central Bank and the Bank of Japan respectively, while the right vertical axis and The red line represents the ratio of central bank assets to GDP of G10 countries as a whole.</p><p><img src=\"https://static.tigerbbs.com/b1f82f98041c34a561d2486fa68f55d8\" tg-width=\"530\" tg-height=\"315\"></p><p>As I said in the previous article,<b>Since March 2020, the scale of money printing in the world's major economies has exceeded the total scale of human money printing in the 5,000 years of civilization history before 2008.</b></p><p>If you don't call this a bubble, but on the contrary, you say that the rise of Bitcoin and gold is a bubble, which is simply referring to a deer as a horse and confusing black and white.</p><p>As the central bank's asset size/GDP value becomes higher and higher, even exceeding 100%, in the future, the growth of human GDP will all depend on the central bank, and only the central bank's money printing can create economic growth.</p><p>In the process of the central bank raising the people of the world, the COVID-19 pandemic broke out, billions of people around the world were grounded, countless companies went bankrupt, countless people lost their jobs, and the global industrial chain and supply chain were severely damaged. Except for those international reserve currency countries that can desperately distribute money, the income of the vast majority of people in this world has been greatly reduced, and life has become more difficult.</p><p>However, the prices of almost all major asset categories are skyrocketing.</p><p>-Including food, food that central banks can't produce.</p><p>Russian grain prices rose by 6% in November, while Russian people's income in the third quarter dropped by 5% compared with last year.</p><p>It's time for you to say, no, Russia is the world's sixth largest grain producer and one of the world's major grain exporters. 20% of the wheat exported in the international market is supplied by Russia, and grain production has not been heard of affected by the epidemic. Why did the price increase?</p><p>The answer is-</p><p>Because foreigners bought it with US dollars, it rose.</p><p>Why do foreigners have more dollars?</p><p>Of course, the Federal Reserve + the U.S. government distributes money to Americans like crazy. Of course, Americans use dollars to buy and buy all over the world. Countries like Vietnam, for example, of course earn a lot more dollars, and of course they have the ability to import food at higher prices...</p><p>This is the transmission path of world inflation.</p><p>As soon as Russian grain price increased, the Russian government introduced measures to impose a 30% tariff on exported soybeans, while an export tariff of 25 euros (about 200 yuan) per ton for exported wheat, and from February 15th to June 30th, a quota limit of no more than 15 million tons of exportable wheat, rye, corn and barley was implemented (which was much lower than the normal export figure in the same period).</p><p><b>This means that the supply of wheat, rye, corn and soybeans in the international market will be reduced. Does that mean that the price will increase?</b></p><p>The main food that people all over the world eat is wheat and rice. But the price of rice has also begun to rise.</p><p>According to reports, Vietnam began to import rice from India in 2020. For the first time in decades, this matter is not simple.</p><p>--Because Vietnam has always been the third largest rice exporter in the world, and its rice export volume has been second only to India and Thailand for many years. As a result, now it not only doesn't export, but also buys it. Do you think the price of rice should increase?</p><p>Not only Russia and Vietnam, but also several of the world's most important food and agricultural products exporters, such as Brazil, Argentina and Canada, have also started to take action. Argentina suspended corn exports and increased a 33% tariff on soybean exports. According to the Argentine Ministry of Agriculture, it is mainly to ensure sufficient local food supply...</p><p>As the world's largest grain exporter, grain producers in the United States, on the one hand, receive high government subsidies, and on the other hand, enjoy the benefits of rising global grain prices...</p><p><b>The prices of staple foods such as wheat and rice have soared, while the supplementary foods such as soybeans and corn or raw materials for meat production have also soared, which will inevitably lead to an increase in meat prices all over the world in the near future.</b></p><p>The United Nations Food Program, at the beginning of the epidemic in April 2020, warned that the plague might trigger a record food crisis. It seems that this scene is gradually unfolding all over the world.</p><p>Is this what the central banks of Europe, America and Japan call \"no inflation\"?</p><p>Why did the pepper of the barbecue owner go up in price is not an isolated phenomenon, but it is in line with international standards.</p><p>Since March 2020, the Federal Reserve has been printing money frantically, and the growth rate of broad money in the United States has hit a record high. However, the Federal Reserve still vows that it has not seen signs of rising inflation. Printing money is reasonable and good. Only printing and distributing money is the only way to save the American people from the epidemic.</p><p>I think the Federal Reserve, the European Central Bank and the Bank of Japan may all suffer from selective blindness. According to the Fed's own data, over the past 100 years,<b>Every time the growth rate of US dollar M2 soars, within the next 1-2 years, it brings about a surge in US inflation data</b>, there is never an exception.</p><p><img src=\"https://static.tigerbbs.com/ff99df31f0fde63b1c8ea4010bedd60c\" tg-width=\"800\" tg-height=\"478\"></p><p>This time, the Federal Reserve printed trillions of dollars wildly, and the growth rate of broad money M2 exceeded that of World War II, setting a record high. Under such circumstances, why is the Federal Reserve so confident that it will not cause serious inflation?</p><p>Rising prices are inevitable.</p><p>Asset prices have risen sharply. If prices in the United States do not rise for the time being, prices in countries and regions that provide goods and services to the United States will rise. Prices in Africa, South Asia, Southeast Asia and Latin America will also rise, and then be transmitted back to the United States, Europe and Japan.</p><p>In this era of global economic integration, the over-issued currencies of the United States, Europe and Japan are first fed back to the capital markets of developed countries, and then the economies that provide goods and services to the United States. After the capital market of the United States soars, the economies that earn trade surpluses from the United States, such as Southeast Asia and Japan, are about to rise in prices immediately. In the field of production, everyone has watched the prices of bulk commodities shipped from economies whose productivity has been affected by the epidemic skyrocket.</p><p>Obviously,<b>With central banks releasing water regardless of cost in 2020, we will soon have a global inflation</b>Global currencies such as the US dollar and the euro can naturally be bought in buy buy all over the world, and the seigniorage is severely plundered. The vast majority of economies that are not international currencies, and their general people will not only be plundered by international currencies such as the United States and Europe, but also have to bear the cost of over-issuing their own currencies...</p>","source":"wqqq","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global inflation is just around the corner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal inflation is just around the corner\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">财主家的余粮</strong><span class=\"h-time small\">2021-01-22 21:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last night, I went to have a midnight snack, and the owner of the barbecue stall complained to me:</p><p>\"You can only buy 5 peppers for 10 yuan. After I roast them, I can only sell them for 3 yuan at most. Others still think it is expensive. How cheap is my labor?\" Yes,<b>Everything is going up in price except the labor and income of ordinary people.</b></p><p>In the article \"The End of Credit Money\", I once mentioned that there is a self-evident truth in the economic history of mankind for thousands of years:</p><p><b>Monetary interest rates can be infinitely high, but cannot be infinitely low. The minimum interest rate limit is 0.</b></p><p>Because everything called \"wealth\" has acquisition cost and scarcity. In order to exchange different types of wealth, human beings invented the concept of money, and used the value of money to identify the scale of wealth-as a representative of wealth, money is of course scarce.</p><p>Because it is scarce, you have to pay a cost when you borrow other people's money. This cost is interest, and we call the interest paid within one year as a proportion of the borrowed amount \"interest rate\" or \"rate of return\".</p><p>Whether real or nominal interest rates, all actions of lowering interest rates below zero violate the laws of nature.</p><p>You have a bucket of honey, and someone promised to borrow it at an interest rate of 10%. However, when you return it, although the weight has increased by 10%, you find that 20% water has been added to the honey. Who is this person?</p><p>Is a rhetoric liar.</p><p>You have a bucket of honey, and someone wants to borrow your honey. Not only will he not pay you interest, but on the other hand, he will confiscate part of your honey for him as interest. Who is this person?</p><p>Since 2014, the central banks of Japan, the United Kingdom, Europe and the United States have successively lowered the real interest rate of their currencies below 0 through huge amounts of money printing and bond purchases-even, like the euro zone and Japan, sometimes simply let the nominal yield become negative.</p><p><img src=\"https://static.tigerbbs.com/3b579b07c20396fd629934211e860872\" tg-width=\"997\" tg-height=\"628\"></p><p><img src=\"https://static.tigerbbs.com/929146fdff54caacb0605e7d050c3336\" tg-width=\"958\" tg-height=\"468\"></p><p>It is precisely because they have kept the real rate of return of Treasury Bond in various countries below 0 for a long time that smart people have continued to doubt their belief in credit currency.</p><p>Since 2014, with the price of crude oil, the king of commodities, plummeting, American technology stocks, Chinese real estate, gold and Bitcoin as a whole have continued to skyrocket. What they reflect is not the appreciation of assets themselves, but the confrontation of smart people against the currency bubble frantically created by the central bank.</p><p>See a picture of asset bubbles by Bank of America, which lists the major asset price surges that have occurred in more than 40 years since 1977, and Bitcoin is the most notable one. So, the title is called: Bitcoin is the mother of bubbles?</p><p><img src=\"https://static.tigerbbs.com/cfa710ff2ee8259f17fe083213326c65\" tg-width=\"686\" tg-height=\"388\"></p><p>In fact, the gold bubble around 1980, the Nikkei bubble around 1990, the Thai asset bubble around 1997, the technology stock bubble around 2000, the U.S. housing price bubble in 2006, and the Chinese stock market bubble in 2007 listed in this picture, if we analyze it in detail,<b>Almost every bubble comes from the credit money bubble</b>!</p><p>In my opinion, except for the bubble of credit money itself, other major classes of assets are actually not a bubble.</p><p>The figure below shows the expansion of the central bank balance sheets of the 10 largest western economies since 2006. Dark blue, light blue and gray are the balance sheets of the Federal Reserve, the European Central Bank and the Bank of Japan respectively, while the right vertical axis and The red line represents the ratio of central bank assets to GDP of G10 countries as a whole.</p><p><img src=\"https://static.tigerbbs.com/b1f82f98041c34a561d2486fa68f55d8\" tg-width=\"530\" tg-height=\"315\"></p><p>As I said in the previous article,<b>Since March 2020, the scale of money printing in the world's major economies has exceeded the total scale of human money printing in the 5,000 years of civilization history before 2008.</b></p><p>If you don't call this a bubble, but on the contrary, you say that the rise of Bitcoin and gold is a bubble, which is simply referring to a deer as a horse and confusing black and white.</p><p>As the central bank's asset size/GDP value becomes higher and higher, even exceeding 100%, in the future, the growth of human GDP will all depend on the central bank, and only the central bank's money printing can create economic growth.</p><p>In the process of the central bank raising the people of the world, the COVID-19 pandemic broke out, billions of people around the world were grounded, countless companies went bankrupt, countless people lost their jobs, and the global industrial chain and supply chain were severely damaged. Except for those international reserve currency countries that can desperately distribute money, the income of the vast majority of people in this world has been greatly reduced, and life has become more difficult.</p><p>However, the prices of almost all major asset categories are skyrocketing.</p><p>-Including food, food that central banks can't produce.</p><p>Russian grain prices rose by 6% in November, while Russian people's income in the third quarter dropped by 5% compared with last year.</p><p>It's time for you to say, no, Russia is the world's sixth largest grain producer and one of the world's major grain exporters. 20% of the wheat exported in the international market is supplied by Russia, and grain production has not been heard of affected by the epidemic. Why did the price increase?</p><p>The answer is-</p><p>Because foreigners bought it with US dollars, it rose.</p><p>Why do foreigners have more dollars?</p><p>Of course, the Federal Reserve + the U.S. government distributes money to Americans like crazy. Of course, Americans use dollars to buy and buy all over the world. Countries like Vietnam, for example, of course earn a lot more dollars, and of course they have the ability to import food at higher prices...</p><p>This is the transmission path of world inflation.</p><p>As soon as Russian grain price increased, the Russian government introduced measures to impose a 30% tariff on exported soybeans, while an export tariff of 25 euros (about 200 yuan) per ton for exported wheat, and from February 15th to June 30th, a quota limit of no more than 15 million tons of exportable wheat, rye, corn and barley was implemented (which was much lower than the normal export figure in the same period).</p><p><b>This means that the supply of wheat, rye, corn and soybeans in the international market will be reduced. Does that mean that the price will increase?</b></p><p>The main food that people all over the world eat is wheat and rice. But the price of rice has also begun to rise.</p><p>According to reports, Vietnam began to import rice from India in 2020. For the first time in decades, this matter is not simple.</p><p>--Because Vietnam has always been the third largest rice exporter in the world, and its rice export volume has been second only to India and Thailand for many years. As a result, now it not only doesn't export, but also buys it. Do you think the price of rice should increase?</p><p>Not only Russia and Vietnam, but also several of the world's most important food and agricultural products exporters, such as Brazil, Argentina and Canada, have also started to take action. Argentina suspended corn exports and increased a 33% tariff on soybean exports. According to the Argentine Ministry of Agriculture, it is mainly to ensure sufficient local food supply...</p><p>As the world's largest grain exporter, grain producers in the United States, on the one hand, receive high government subsidies, and on the other hand, enjoy the benefits of rising global grain prices...</p><p><b>The prices of staple foods such as wheat and rice have soared, while the supplementary foods such as soybeans and corn or raw materials for meat production have also soared, which will inevitably lead to an increase in meat prices all over the world in the near future.</b></p><p>The United Nations Food Program, at the beginning of the epidemic in April 2020, warned that the plague might trigger a record food crisis. It seems that this scene is gradually unfolding all over the world.</p><p>Is this what the central banks of Europe, America and Japan call \"no inflation\"?</p><p>Why did the pepper of the barbecue owner go up in price is not an isolated phenomenon, but it is in line with international standards.</p><p>Since March 2020, the Federal Reserve has been printing money frantically, and the growth rate of broad money in the United States has hit a record high. However, the Federal Reserve still vows that it has not seen signs of rising inflation. Printing money is reasonable and good. Only printing and distributing money is the only way to save the American people from the epidemic.</p><p>I think the Federal Reserve, the European Central Bank and the Bank of Japan may all suffer from selective blindness. According to the Fed's own data, over the past 100 years,<b>Every time the growth rate of US dollar M2 soars, within the next 1-2 years, it brings about a surge in US inflation data</b>, there is never an exception.</p><p><img src=\"https://static.tigerbbs.com/ff99df31f0fde63b1c8ea4010bedd60c\" tg-width=\"800\" tg-height=\"478\"></p><p>This time, the Federal Reserve printed trillions of dollars wildly, and the growth rate of broad money M2 exceeded that of World War II, setting a record high. Under such circumstances, why is the Federal Reserve so confident that it will not cause serious inflation?</p><p>Rising prices are inevitable.</p><p>Asset prices have risen sharply. If prices in the United States do not rise for the time being, prices in countries and regions that provide goods and services to the United States will rise. Prices in Africa, South Asia, Southeast Asia and Latin America will also rise, and then be transmitted back to the United States, Europe and Japan.</p><p>In this era of global economic integration, the over-issued currencies of the United States, Europe and Japan are first fed back to the capital markets of developed countries, and then the economies that provide goods and services to the United States. After the capital market of the United States soars, the economies that earn trade surpluses from the United States, such as Southeast Asia and Japan, are about to rise in prices immediately. In the field of production, everyone has watched the prices of bulk commodities shipped from economies whose productivity has been affected by the epidemic skyrocket.</p><p>Obviously,<b>With central banks releasing water regardless of cost in 2020, we will soon have a global inflation</b>Global currencies such as the US dollar and the euro can naturally be bought in buy buy all over the world, and the seigniorage is severely plundered. The vast majority of economies that are not international currencies, and their general people will not only be plundered by international currencies such as the United States and Europe, but also have to bear the cost of over-issuing their own currencies...</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://mp.weixin.qq.com/s/j9xt6qztEAa8jeNueIqcQQ\">财主家的余粮</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a8fca69a364eb1ccaf6e9078f1721480","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/j9xt6qztEAa8jeNueIqcQQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110741694","content_text":"昨天晚上去吃夜宵,烧烤摊上的老板给我抱怨:“10块钱才能买5个辣椒,我烤了之后最多只能卖3块钱,别人还觉得贵,我的人工到底有多贱?”是的,什么东西都在涨价,除了普通人的劳动和收入。在“信用货币的终局”一文中我曾经提到,人类几千年经济史上,有一个不言而喻的真理:货币利率可以无限高,但不可以无限低,最低利率极限是0。因为,凡是被称作“财富”的东西,都是有获得成本和稀缺性的,为了对不同类型的财富进行交换,人类才发明了货币这个概念,用金钱的数值来标识财富的规模——作为财富的代表,货币当然也是稀缺的。因为稀缺,所以你借别人的钱,必须要付出成本,这个成本就是利息,而我们把一年内支付的利息,占借款数额的比例,称之为“利率”或者“收益率”。不管真实利率还是名义利率,所有把利率压低到0以下的行为,本身就违反了自然法则。你有一桶蜂蜜,有人答应以10%的利率借走,可是,等还回来的时候,重量虽然增加了10%,你却发现蜂蜜里加了20%的水,请问这个人是什么人?是花言巧语的骗子。你有一桶蜂蜜,有人要借走你的蜂蜜,不仅不给你支付利息,还反过来,要没收你的一部分蜂蜜给他当利息,请问这个人是什么人?自2014年以来,日本、英国、欧洲和美国的央行,先后通过天量印钞和债券购买,均把其货币真实利率压低在0以下的水平——甚至,像欧元区和日本,有时候干脆让名义收益率也变成负值。也正是因为他们把各国国债的真实收益率,长期压低在0以下的水平,聪明人对信用货币的信仰产生了持续的怀疑。2014年以来,在大宗商品之王——原油价格暴跌的情况下,美国的科技股,中国的房地产,还有黄金和比特币,整体上都在持续暴涨。它们所反映的,并不是什么资产本身的升值,而是聪明人对央行疯狂制造的货币泡沫的对抗。看到一张美国银行关于资产泡沫的图片,里面列举了1977年迄今40多年所出现过的主要资产价格飙升,而比特币是最显著的一个。所以,标题就叫做:比特币是泡沫之母?实际上,这幅图上所列举的1980年前后的黄金泡沫、1990年前后的日经指数泡沫、1997年前后的泰国资产泡沫、2000年前后的科技股泡沫、2006年的美国房价泡沫、2007年的中国股市泡沫、现在的比特币泡沫和科技股领头羊泡沫,如果详细地分析下去,几乎每一场泡沫,都是来源于信用货币泡沫!在我看来,除了信用货币本身的泡沫,其他的大类资产,事实上都称不上什么泡沫。下图就是西方最大的10个经济体自2006年以来央行资产负债表的扩张情况,其中深蓝色、浅蓝色、灰色分别为美联储、欧央行和日本央行的资产负债表情况,而右纵轴和红线,则是表示G10国家整体上央行资产规模与GDP的比例。正如我在前面一篇文章里所说,2020年3月份以来世界主要经济体的印钞规模,超过了2008年以前5000年文明史人类印钞规模的总和。如果不把这个称为泡沫,却反过来说什么比特币、黄金上涨是泡沫,简直是指鹿为马、颠倒黑白。随着央行资产规模/GDP的数值越来越高,甚至超过100%,以后,人类GDP增长,全部都要依赖于央行,只有央行的印钞才能创造经济增长。在央行养育世界人民的过程中,新冠疫情爆发,全球数十亿人被禁足,无数企业破产,无数人失业,全球产业链、供应链都被严重破坏,除了那些能拼命发钱的国际储备货币国民众,这个世界上绝大多数人的收入都大幅度降低,生活变得更加艰难。但,几乎所有大类资产价格,却都在蹭蹭蹭暴涨。——包括粮食,央行们所不能生产的粮食。俄罗斯粮食价格,11月份单月上涨了6%,而俄罗斯民众三季度收入却比去年下降了5%。你该说了,不对啊,俄罗斯是世界第6大粮食生产国,同时也是世界主要粮食出口国之一,国际市场上20%的出口小麦由俄罗斯供给,粮食生产又没有听说受到疫情影响而减产啥的,咋就涨价了呢?答案是——因为外国人拿着美元来买,所以涨起来的。外国人的美元为啥变多了呢?当然就是美联储+美国政府给美国人疯狂发钱,美国人当然就拿着美元全世界买买买,比方越南这样的国家,当然就多挣了很多美元,当然也就有能力以更高的价格进口粮食……这就是世界通胀的传导路径。俄罗斯粮食一涨价,俄罗斯政府就出台措施,对出口大豆征收30%的关税,出口小麦则征收每吨25欧元(约200元人民币)的出口关税,而且从接下来的2月15日至6月30日实施可出口小麦、黑麦、玉米、大麦总量不超过1500万吨的配额限制(这比同期正常出口数字低很多)。这意味着,国际市场上的小麦、黑麦、玉米、大豆供给都要减少了,那,还不意味着要涨价?全世界人民主要吃的粮食,也就是小麦和大米。但大米,也开始涨价了。根据报道,2020年越南开始从印度进口大米,几十年来的第一次,这事儿太不简单了。——因为,越南一直是全球第三大大米出口国,多年来其大米出口量,仅次于印度和泰国,结果现在不仅不出口,还要购买,你说大米要不要涨价?岂止是俄罗斯和越南,世界最主要的几个粮食和农产品出口国,如巴西、阿根廷、加拿大,也都开始动手,阿根廷暂停玉米出口,大豆出口狂加33%的关税,按照阿根廷农业部的说法,主要是为了确保当地的粮食供应充足……作为全球最大的粮食出口国,美国的粮食生产商,一方面有政府发钱高额补贴,另一方面对全球粮食价格上涨乐享其成……小麦、大米类的主粮价格已经大涨,而大豆、玉米这些辅粮或肉类生产的原料同样暴涨,在不久的将来,必然带来全世界肉类价格的上涨。联合国粮食计划署,曾在2020年4月疫情初起的时候,发出警告说,瘟疫可能引发创纪录的粮食危机,看来,这一幕正在全世界逐渐上演。难道,这就是欧美日央行嘴里所谓的“没有通胀”么?烧烤摊老板的那个辣椒,为什么会涨价,才不是什么个别现象,那可是与国际接轨的。2020年3月份以来,美联储一边疯狂印钞,美国广义货币的增速创下历史最高纪录。但,美联储仍然信誓旦旦,没有看到通胀抬升的迹象,印钞有理,印钞很好,唯有印钞和发钱,才是把美国人民从疫情中挽救出来的唯一途径。我想,美联储和欧洲央行、日本央行可能都患有选择性失明症。根据美联储自己的数据,过去100年里,每一次美元M2增速飙升,随后1-2年内,都带来了美国通胀数据的飙升,从来没有例外。这一次,美联储狂印几万亿美元,广义货币M2的增速超过第二次世界大战时期,创下历史最高记录,在这种情况下,美联储凭什么还蜜汁自信,居然觉得不会引发严重通胀?物价上涨是必然的。资产价格已经大涨为敬,美国物价暂时不涨,向美国提供商品和服务的国家和地区的物价就会上涨,非洲南亚东南亚拉美的物价也会上涨,然后再传导回到美国、欧洲和日本。在这个全球经济一体化的时代,不管美国还是欧洲日本所超发的货币,首先反馈到发达国家的资本市场,接着,就是向美国提供商品和服务的经济体,在美国资本市场大涨之后,从美国挣贸易顺差的经济体如东南亚、日本,马上物价上涨在即。在生产领域,生产力受疫情影响的经济体出厂的大宗商品,大家已经眼睁睁的看着它价格暴涨了。显然,在各国央行2020年不计成本的放水之下,我们很快就将迎来一场全球性通胀,美元欧元这样的全球货币,自然可以全球买买买,狠狠地搜刮铸币税,绝大多数不是国际货币的经济体,其普遍民众,不仅要被美欧这样的国际货币掠夺,还得承受本国货币超发的成本……","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}