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 Currency
War
6th printing in two months, sales breakthrough 100,000 copies,
still in short supply, -- the book "Currency war" in the
financial services sector has brought spotlight.
Mr. Hongbing Song, the
writer, has become famous over night, is a polite, rather quiet middle-aged man. A man is
wearing shirt and glasses who seems to be an ordinary man and can be
seen everywhere in the streets.
"Totally did not expect this book so popular," Song¨s
answer is clearly in people's expectations, "only thought few
people who interest in finance and the economy, such as economics
students would be interested in this book, as this book is very
professional, 80% of the content is about the western history that
is at least 300 years, 200 years ago´we have never expected so
many people would like it....￣
Song said, because I am not a professional writer, the position of
the book is vague even before publishing. Writing occurred in the
course of the evolving perspectives of the situation - sometimes to
stand on the general public perspective, writing in the exciting;
sometimes is from the imperial court high position, frustration or
even suppressed Writing currency warfare the essence of struggle.
 Hongbing
Song was born in Sichuan Province in 1968 and graduated from North
eastern University, major in automatic. He has worked in marketing
and selling golf membership cards and matching villas for two years.
In 1994, he studied in the American University (AU) and obtained a
master's degree, during the study, he chose a variety of elective
courses, "learning what I am interested. Such as information
security, the real estate industry, education, press, and the
financial history of the United States, a lot of miscellaneous
things, but feel have not learned anything. ""I have chose
economics courses in school, however, I gain more financial
knowledge in the work and personal interest is accumulated."
In 1996, after graduating from American University, Song started his
career in the United States. After graduation he works in a medical
and health company, doing the technical aspects of information
security; transferred to the telecommunications industry in similar
work, and then enter the United States the second largest US
mortgage company premises. In this company, Song access to the U.S.
financial derivatives industry, in the final accounting system,
designed for users of products such experiences influence their
writing "Money war" the most profound reasons.
"In this work, we must pull all the opinions of others,
eventually setting parameters, write formula, and make it stylized.
In 2002, while I work in there, it is the rapid development of
financial derivatives when social and forcing themselves to work on
the painstaking effort. "
This study has Song eventually found financial derivatives with the
current direct link between the economic, financial instruments that
he and all forms of external exploring the bankers preferring the
fundamental methods, the importance of silver and gold.
It can be said that the work premises and the United States from
2005 to 2007 in the first big financial institutions¨ work
experience, completed Song from the financial derivatives industry
designers to decrypt the sublimation.
After reading "Currency war", pragmatist readers would
just go straight to buy Gold if anyone asks what role this book
plays, it promotes directly gold prices.
Song is not denying his view - all Chinese families should produce
3% -5% of revenue to purchase gold in kind, to add their wealth with
insurance, because when real turbulence come, we can guarantee
wealth, rather than any government-issued letter with notes. In
fact, when the government trusted, issued currency is valuable, and
when the government was not strong sense of trust, it will devalue
the currency, or even worthless.
Song is supporting gold which spot another point is, the dollar's
crisis has already begun, and in the next 10-20 years the outbreak.
"If two or three years ago that I am advocating the purchase of
gold, also expressed doubt, now has no objection, we have actually
seen a decline in the purchasing power of money, especially in the
United States, excessive consumption of junk currency and the
results so that all material prices, and residents there is not much
revenue raised. "
For future work, Song said he is preparing for "Currency war
countermeasures China Chapter" and "Currency war -
Euro" part.
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