Can digital currency reduce inflation
Publish: 2021-05-03 16:40:26
1. 1. Its quantity is too small compared with the currency in circulation; 2. Digital currency is generally not used to buy goods. So digital money will not inflate.
2. No, it can be said that 100% is a fraud. In fact, even bitcoin countries are not allowed to trade at present. It's better to speculate in stocks than to have that money
3. Inflation is the price rise that causes the devaluation of a country's currency. The essential difference between inflation and general price rise: general price rise refers to the temporary, partial and reversible price rise of a certain commodity e to the imbalance of supply and demand, which will not cause currency devaluation; Inflation is a sustained, universal and irreversible rise in the prices of major domestic commodities that can cause the devaluation of a country's currency. The direct cause of inflation is that the amount of money in circulation in a country is greater than its effective economic aggregate
deflation is deflation: when the amount of money in circulation in the market decreases, the people's money income decreases, and the purchasing power decreases, which affects the prices and causes deflation. The long-term monetary tightening will restrain investment and proction, lead to the rise of unemployment rate and economic recession
these two are inflation and deflation respectively.
deflation is deflation: when the amount of money in circulation in the market decreases, the people's money income decreases, and the purchasing power decreases, which affects the prices and causes deflation. The long-term monetary tightening will restrain investment and proction, lead to the rise of unemployment rate and economic recession
these two are inflation and deflation respectively.
4. This statement is not entirely right, at least incomplete. There are many kinds of measures to rece money supply, which must be combined with other measures to effectively alleviate inflation. Moreover, tightening the money supply itself does not mean recing the amount of money issued, which is too mechanical. The most important thing is to tighten the money supply through the central bank's price mechanism (i.e. interest), that is to say, recing the circulation rate of the issued money and making the amount of money relatively "less", rather than the state saying: printing less money
to take measures, we must first know the root cause of the problem. We do not say that many foreign economists have different explanations and measures for inflation, but China's inflation has its own characteristics and roots
in the face of inflation, we should first grasp its essence and find its root. It's true that Chinese style inflation is essentially a monetary problem. Since it is a monetary problem, it must be solved through the monetary policy of the central bank, which is also true. But there are many ways to resolve the Chinese style inflation, the most important is to tighten the money supply through the central bank's price mechanism (that is, interest), rece bank credit, and prevent a large number of bank funds from entering the real estate market and stock market. This is the source of China's current inflation. If this is not the case, let a large number of money into the two asset markets, let a large number of money into the two asset markets to push up their prices, then it is impossible to curb inflation.
to take measures, we must first know the root cause of the problem. We do not say that many foreign economists have different explanations and measures for inflation, but China's inflation has its own characteristics and roots
in the face of inflation, we should first grasp its essence and find its root. It's true that Chinese style inflation is essentially a monetary problem. Since it is a monetary problem, it must be solved through the monetary policy of the central bank, which is also true. But there are many ways to resolve the Chinese style inflation, the most important is to tighten the money supply through the central bank's price mechanism (that is, interest), rece bank credit, and prevent a large number of bank funds from entering the real estate market and stock market. This is the source of China's current inflation. If this is not the case, let a large number of money into the two asset markets, let a large number of money into the two asset markets to push up their prices, then it is impossible to curb inflation.
5. Because many browsers don't support page games, they need more powerful technology, but most browsers can't.
6. Yes, the speed of network development is beyond imagination. Wechat payment can finally be realized overseas not long ago, which is really good news for those of us who have overseas business. Of course, it may be because the development time of this function is not long, and it is impossible to be as expected all at once. At present, only nine foreign currencies are supported for settlement, including GBP (pound sterling) and GBP (pound sterling) HKD, USD, JPY, CAD, AUD, EUR, NZD and KRW. It is believed that foreign currencies of other countries will be opened one after another in the near future, but we will have to wait with time.
7. Business process of overseas RMB foreign exchange payment
1. Definition of clearing bank mode (1)
after the customer pays the money to its domestic settlement bank, the domestic settlement bank sends the remittance instruction to the large amount payment system of the people's Bank of China, and then carries out cross-border clearing of RMB funds through the account opened by the Hong Kong and Macao settlement bank in the people's Bank of China, Finally, it will be sent to the settlement bank of overseas customers
(2) scope of application
it is applicable to cross-border RMB settlement between bank pilot enterprises (import enterprises are not restricted) and customers of overseas banks participating in clearing through Hong Kong and Macao clearing banks. At present, banks can carry out cross-border RMB settlement with clearing banks in Hong Kong and Macao< (3) operation process
1. Payment business process
1. The pilot enterprises and their overseas counterparties sign business agreements and agree to price and settle in RMB
2. The bank reviews the payment application materials submitted by the customers (the corresponding customs declaration forms must be registered in the national port law enforcement system for cash on delivery), dects the RMB funds of the customers, and then sends the remittance instructions to the large amount payment system of the people's Bank of China
③ the bank concts cross-border clearing of RMB funds through the account opened by the Hong Kong and Macao clearing bank in the people's Bank of China< (4) after receiving the remittance instruction, the Hongkong and Macao Clearing Bank instructs the overseas participating banks to credit the payee's account< (5) the bank shall handle the declaration of balance of payments statistics in accordance with relevant regulations, and pass the declaration in RMB.
1. Definition of clearing bank mode (1)
after the customer pays the money to its domestic settlement bank, the domestic settlement bank sends the remittance instruction to the large amount payment system of the people's Bank of China, and then carries out cross-border clearing of RMB funds through the account opened by the Hong Kong and Macao settlement bank in the people's Bank of China, Finally, it will be sent to the settlement bank of overseas customers
(2) scope of application
it is applicable to cross-border RMB settlement between bank pilot enterprises (import enterprises are not restricted) and customers of overseas banks participating in clearing through Hong Kong and Macao clearing banks. At present, banks can carry out cross-border RMB settlement with clearing banks in Hong Kong and Macao< (3) operation process
1. Payment business process
1. The pilot enterprises and their overseas counterparties sign business agreements and agree to price and settle in RMB
2. The bank reviews the payment application materials submitted by the customers (the corresponding customs declaration forms must be registered in the national port law enforcement system for cash on delivery), dects the RMB funds of the customers, and then sends the remittance instructions to the large amount payment system of the people's Bank of China
③ the bank concts cross-border clearing of RMB funds through the account opened by the Hong Kong and Macao clearing bank in the people's Bank of China< (4) after receiving the remittance instruction, the Hongkong and Macao Clearing Bank instructs the overseas participating banks to credit the payee's account< (5) the bank shall handle the declaration of balance of payments statistics in accordance with relevant regulations, and pass the declaration in RMB.
8. Yes, foreign countries pay in foreign currency (domestic currency), not in RMB. You can take the money back and change it into RMB in the Bank of China
9.
the whole journey is about 17.6km
starting point: Xishan Forest Park
ending point: Daguanlou
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