Home Categories political economy Currency Wars 3: The Financial High Frontier

Chapter 2 guide

Who is the real culprit who plotted against Hu Xueyan? Why did the Opium War only happen in China? Why did China's silver standard lose to Britain's gold standard? Why did China's banks and bank accounts fail to develop into a world financial empire? Why is only China rich in foreign compradors? It is impossible for Western powers to turn China into a semi-colonial by relying on strong ships and guns and the industrial revolution, nor can they suffocate China's economic potential by ceding land for compensation and opening up trading ports.The real reason for the decline of the Qing Empire was that the power of Western financial capital first broke through China's high financial frontier.

The primary strategic goal of the opium trade was to subvert China's currency system, and the formulation and execution of this strategy originated in the City of London.The Opium War was actually a strategic decisive battle between Britain's gold standard and China's silver standard. The outcome of the war would determine the ups and downs of the East and the West for hundreds of years to come! For the bankers of the British Empire, the highest strategic goal is to take London as the world financial center and gold as the world currency standard. The British Empire exports sterling credits to the world through the Bank of England and turns major European and American countries into a gold standard. The core members turn the peripheral countries of the world into sub-regions of the pound, use war and violence to maintain the operation of this system, use currency to maximize control and mobilize global resources, and finally complete control of the world's wealth and all mankind.

The assault force of British financial capital is far more powerful than the powerful imperial navy. They will first smash China's silver standard, seize the central bank, the strategic commanding height that controls the Qing Empire's money, infiltrate and erode China's financial network, and master The channel of China's capital and credit flow, complete the overall control of China's financial high frontier. With the loss of control over the high financial frontier, China's trade pricing power, the positioning power of independent industrial development, the government's fiscal and taxation power, and military and national defense spending power will gradually decline.China will inevitably become the lamb to be slaughtered by Western powers.

In fact, in the downfall of the Qing Empire, finance preceded military affairs. American Mahan first put forward the concept of "command of the sea" at the end of the 19th century, believing that "controlling the ocean is controlling the world". In 1921, the Italian Du Het proposed the concept of "air supremacy" and proposed that "controlling the air supremacy is victory."After 60 years, U.S. Army Lieutenant General Graham put forward the "high frontier" theory of "controlling space power", firmly believing that "controlling outer space can dominate the world."

Graham has a wealth of experience. He served as the Deputy Director of the US Defense Intelligence Agency, the Deputy Director of the Central Intelligence Agency and the Director of the Defense Intelligence Agency. In 1981, shortly after the Reagan administration took office, Graham formed the High Frontier research group with funding from the Heritage Foundation.The group is composed of more than 30 famous scientists, economists, space engineers and military strategists in the United States.After more than seven months of careful research, on March 3, 1982, it published its research report titled "High Frontier——New National Strategy". After the "High Frontier" strategy was announced to the world, it immediately attracted the attention of the US government, military and the public, and had a major impact on the US economy, politics, military, high-tech development and the world situation. The core of the "high frontier" strategy means that the United States, which has a tradition of continuously expanding its territory in history, should carry out new developments in the outer space of the earth in the future, and regard space as the new strategic territory and control area of ​​the United States.

Whether it is sea dominance, air dominance, or the "high frontier" theory, in the final analysis it emphasizes the scope and ability of control.From the perspective of Western civilization, areas with human activities but not under control are "frontiers" that need to be conquered. In the small world, from the continents to the oceans, from the land to the sky, and even space, the physical space where human activities are carried out has basically been strictly controlled by major powers.The financial field is increasingly becoming the main battlefield of the game of great powers.

The country's frontier is not just a three-dimensional physical space composed of land, sea, and air. In the future, it also needs to include a new one-dimensional: high financial frontier.
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