美元已是信用游戏！由“商品”支撑的人民币，才是真正的“货币”

Core Insights - The ultimate value of currency is determined by its ability to exchange for tangible goods, with the dollar's status as a world currency reliant on global dependence, while the rise of the yuan is linked to the global reliance on "Made in China" products [1][3][4] Group 1: Currency and Economic Power - The future of the dollar's dominance is at risk if the U.S. fails to rebuild its industrial base, while the yuan could become a true global currency if China continues to prioritize its real economy and technological leadership [3][10] - Historical context shows that the strength of any currency is closely tied to the industrial power and global trade networks backing it, with the dollar's post-WWII dominance rooted in the U.S.'s industrial output and gold reserves [4][6] - The decline of U.S. industrial strength, with manufacturing's GDP share dropping from 30% in the 1950s to 10% today, poses a threat to the dollar's status [4][6] Group 2: The Rise of the Yuan - The yuan's rise is supported by China's robust manufacturing sector, which accounts for 30% of global manufacturing and leads in the production of key goods, creating a strong demand for the yuan [6][9] - Recent trends indicate a shift towards de-dollarization, with countries like Russia and Saudi Arabia exploring non-dollar transactions, highlighting the yuan's potential as an alternative currency [9][10] - The internationalization of the yuan is accelerating, with significant increases in cross-border payment volumes and its share in global trade rising from 1% to 6% over the past two decades [6][9] Group 3: Future Currency Competition - The competition between currencies will fundamentally be about industrial capacity and trade networks, with the dollar needing to refocus on its real economy to maintain its position [10][11] - The yuan's internationalization depends on China's ability to sustain its industrial advantages and drive technological innovation, which will enhance the yuan's global influence [10][11] - The essence of currency is trust, rooted in material value, indicating that the future of currency will be determined by who controls the production of goods [10][11]