Geithner and the RMB valuation part 1

U.S. Treasury secretary is very proficient in the logic of monetary valuation. He knows that China's inflation rate should be included in the real appreciation of the RMB; he knew that China's inflation has caused serious damage on productivity. February 17, 2011, Geithner in the U.S. Senate Finance Committee hearing, he had given the shock increase of the RMB exchange rate: if included in inflation this year, the real appreciation of the RMB against the U.S. dollar rate will reach 10%, or even higher. Geithner said  that with the growing inflationary pressures in China, many enterprises will be re-considered investments in China, this will enhance the competitiveness of the United States. Inadvertently, Geithner reveal two important messages: first, China's actual inflation is much higher than official statistics in China (CPI may be close to 10); Second, China's inflation has damaged China's productivity level (ROA may be close to 0). Young Geithner spilled the beans.

Obviously, as a financial expert ,Mr Geithner,has  more understanding of money than for his Chinese counterparts. He knows the logic of monetary valuation. He does not particularly care about the nominal exchange rate volatility. The real master, able to grasp the nature of the problem. The essence is, do not need to play with China, "Plaza Agreement", with output up to the year as inflation, appreciation of the yen forced to the same effect. Also, cheaper cost of such practices. At this point, Geithner has revealed the U.S. implementation of the quantitative easing policy of strategic objectives. What a smart move(smart power)!

Yuan does not appreciate, imported inflation will we landed in a recession; RMB appreciation, the severe employment problems will we landed in political turmoil. We can only listen to Geithner's recommendations: the slow appreciation. We are like the frog jumped into the warm water, innocently waiting for the water boiling.

So either way, the world’s economy is doomed. Especially in Europe, I think the Germans will be forced to inflate themselves next yr. However, there is another way the world can play the game; I will try to write it later.

US QE3 is coming in 2011

Today, there is a danger that many people in the market are deceived by the market. This is mainly due to the wrong teaching in Economics Textbook today.

My Famous Quote is Market deceives people:

First thing first we are looking at a Huge deflation world where the Chinese in 2008 decided to inflate the economy to stir the world forward.

But two years on, not only this did not work but the government is facing tremendous inf lation pressure at home.

Unless there is a regionalization of RMB (which is highly unlikely), the Chinese will stop the second Great Leap Forward and rises interests rate in 2011.(QE2 or not QE2)

Thus, that leaves the only option left:

Provided no appreciation and regionalization from the Chinese currency, the US will start QE3 sometime 2011.

摩诃婆罗多 第一集简单介绍

摩诃婆罗多对于印度的哲 学和宗教有很 重要的作用，其中第六章中的《薄 伽梵歌》已经成为印度教的 经典。

“摩诃婆罗多”意思是“偉大的婆羅多王後裔”，摩訶（Maha）是偉大的意思，讲述的据说是创立印度王国的婆罗多王後裔的故 事，在古代印度以口頭吟誦的方式創作流行摩诃婆罗多成书于公元3世纪到5世纪之间。传统说法称 史诗的作者为

广博仙人

恒河女神

 

照神话，恒河女神为雪山神（喜马拉雅山的人格化）的女儿，雪 山神女的妹妹。恒河女神的形象通常是一位有四只手臂的美丽女郎，两手持净瓶，两手持莲花。她的坐骑是海兽摩伽罗（这 一搭配始于笈 多王朝）。[1]

与恒河女神有关的神话主要包括银河下凡的故事和毗湿摩出世的故事。

银河下凡

太阳王朝的国王跋吉罗陀为了使自己曾祖父的6万个兄弟（都被迦比罗仙人用神火烧死）的灵魂得到净化，立志进行艰苦 无比的修行。他的苦行感动了天上的银河女神，女神答应用银河之水为他净化这些灵魂，但由于河水从天而降威力巨大， 除非由湿婆大神接住， 不然世界非毁灭不可。跋吉罗陀于是又进行更艰苦的修行，最后把湿婆也感动了。这样，银河首先倾泻到湿婆的头上，被大神的头发分成若干威力较小的水流后再落 到喜马拉雅山，流经跋吉罗陀的祖先们被烧成灰的地方，使他们的灵魂得以升入天堂。落入凡间的银河从喜马拉雅山流入印度，就成了人间的恒河。

濕婆（梵文：शिव，Śiva），印度教三 大主神之一。濕婆是毀滅之神，也擔當創造（轉化）的職能，是印度民眾最為敬畏的神，由吠陀時代的天神樓陀羅演變而成。

佛教：大自在天

毗湿奴（梵文：विष्णु，IAST：Viṣṇu），也譯为維濕奴、維 修奴，其他称号有诃利（Hari）、幻惑天王、那羅延，佛教称为遍入天，印度教三相神之 一，梵天主管「創 造」、大自在天濕婆主掌「毀滅」，而毗湿奴天即是「維護」之神。印度人大多信仰濕婆，另不少人信奉毗湿奴，故印度神話故事因作者派系不同，常有揚此貶彼之情況。依照印度教說 法，佛教的創始者释迦牟尼佛也是毗湿奴化身，宣導獨特的言論，以迷惑罗刹等恶鬼神，維護世界的秩序

毗湿奴的坐骑为迦楼罗， 妻子是吉 祥天女，印度教的毗湿奴派（Vaishnavism）专门供奉他，全印度有1000多座庙宇。

印度人传说，毗湿奴有十个化身，分别是鱼、龟、野猪、人狮、侏儒、持斧罗摩、罗摩、黑天、释迦佛和迦尔吉。

佛教：弥勒佛

黑天是整个故事的主人翁

难敌

可是贞信的儿子年轻时就去世了，因此由她的孙子接替王位。她的长孙持国双目失明，所以她的次孙般度即位为王。但国王被诅咒不能有孩子，因此般度放弃 王位，到森林中召唤神灵，最后他的第一位王后贡蒂为他生了三个儿子：坚战、怖军和阿周那， 第二位王后玛德利为他生了一对双胞胎儿子：无种和偕天。般度和玛德利在森林中去世，贡蒂和她的儿子们回到诃斯提那普尔。但持国的儿子们，以难敌 为首的俱卢人敌视般度的儿子们。但般度人在教师德罗纳的教导下，一个个成长的非常出色，坚战是最有道德和最聪明的；阿周那是最勇敢的勇士；毗摩最强壮；无 种和偕天出色的漂亮。

王子们成人后，举行了一次比赛，阿周那射箭获得第一，一位驾战车手的儿子迦尔纳不服气，要和阿周那决胜。难敌偷偷地答应要将安嘎瓦达纳王国送给他， 从此迦尔纳成为难敌的亲信。

黑公主

难敌想要消灭般度家族，秘密给他们宫殿放火。但预先般度们已经接到警告逃跑，在逃亡过程中，阿周那遇到般遮罗国的黑公主并娶了她，回来见到母亲贡蒂说他带回一件珍贵的东西，贡蒂以为是食物或物品，要求阿周那与兄 弟们分享，阿周那为证明母亲是正确的只得和兄弟们分享一个妻子。在逃亡的过程中，他们还遇到了黑天（毗湿奴神 的化身之一），成为他们终生的战友。

毗湿摩老太公

佛教：比刹门天  日本：上杉谦信  (托塔李天王)

诃斯提那普尔的国王福身和恒河女神生了一个英勇的儿子 天誓。多年以后，福身王在行猎过程中遇到一个渔夫的女儿（贞信）。福身王并沉入爱河，但渔夫提出的条件是如果要和他的女儿结婚，必须让他女儿生的孩子继 承王位。天誓为了孝顺父亲，发誓放弃王位继承权，并要一生独身。这样贞信的儿子就可以继承王位。天誓由此得到一个绰号：“宣可怕誓言者”----毗湿摩。