w88 casino News Network (Reporter Li Linyang Photography Guan Yu)4month11日19:00, The 10th "Jinhua Autumn Ten" Financial Culture Festival and the Huiyuan Famous Teacher Lecture Hall Song Hongbing University Open Class were held in the Ningyuan International Conference Hall on the third floor. The lecture, with the theme of "Red Currency Journey", was hosted by the Student Union of the Youth League Committee of the w88 casino of Finance. The event was full of spectators and the scene was very lively.

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Professor Song Hongbing visited the University of International w88
The beginning of the lecture,Song HongbingThe professor traced the tragic history of China's gradual decline in modern times. Starting from historical events such as the Opium War and the Opium w88, he introduced the gold standard, silver standard, and massive outflow of gold and silver at home and abroad at that time. He said: "Those who study history must find the right entry point if they want to ask questions."
Then,Song HongbingThe professor started from the main theme of the "Currency War" series of books and discussed "what is money, what is currency, what is wealth". In this regard, he said: "Real money is gold and silver." "Wealth is the products and services created by labor that can be consumed." He cited classics, looked back on the past, looked at the world, and used history as a guide to question the interdependence between the booming development of China's real estate industry and China's economic development. At the same time, he pointed out that the increase in social wealth must rely on the development of science and technology. Following this topic,SongThe professor mentioned the relationship between currency and physical wealth and the issue of unequal distribution of social wealth. He broke with tradition and defined the fundamental issue of social wealth distribution as a social moral issue. In this regard, he said his principle - "Whoever is in power must be subject to supervision." In his eyes, financial power is a hidden and corrosive right. How to implement this right reasonably is an important part of solving the distribution problem.

Professor Song Hongbing’s speech
Then,Song HongbingThe professor introduced the core term "sovereign credit crisis", focusing on the value of the US dollar, US Treasury bonds, gold and silver, and restated it in eloquent words1929Nianhe200714687_14780
As the speech came to an end, he once again returned his vision to the daily lives of the people. He showed a set of photos comparing prices in China and those in the United States. Faced with the huge difference, the audience was surprised, and he began to discuss the relationship between the value of the RMB currency and the prices of Chinese commodities.
The end of the lecture,Song HongbingThe professor advised the audience to “think independently, stick to yourself, and not be superstitious about authority.” “There is nothing impossible, only unimaginable.” The lecture came to an end with long-lasting applause from the audience.

The audience listened carefully and actively asked questions
In the subsequent question and answer session, he not only answered the audience’s questions about the Federal Reserve, the subprime mortgage crisis, the restart of Utah’s gold standard, government intervention methods, etc., but also answered questions from netizens on Sina Weibo. Some viewers came from far away just to “hear what you have to say.”
The organizer of this lecture cooperates with Sina Weibo. Audiences and Sina Weibo users can participate in this event by logging in to Weibo or sending text messages. FollowSong HongbingInstant news of the professor’s speech. At the same time, the audience can ask questions or make comments on the speech content through such an interactive platform. In just two hours from the beginning to the end of the event, nearly200Weibo messages.

Guests and leaders present
Vice President of the w88 casino of Finance Zou Yasheng, Vice Minister of the Ministry of Education and Engineering Fan Zemin, Deputy Secretary of the Party Committee of the w88 casino of Finance Teng Yun, and Secretary of the Youth League Committee Wang Zurui attended the event.