Will the global financial crisis affect virtual currency

1. Hello friend, digital currency is not recommended

2. Generally speaking, it will make the currency devalue
because the economic crisis and financial crisis will cause people's panic and lack of investment confidence
which will lead to a vicious circle of currency liquidity trap (the more people dare not invest, the more vulnerable the market is, the more people dare not invest)
authority (the government, the market, the more vulnerable the market is) In order to get rid of the crisis, the central bank will lend or print a lot of money to create liquidity for the market and stimulate the improvement and development of the economy.
as soon as there is a flood of liquidity and a lot of money, the price of goods marked with money will definitely be raised, and the money is worthless.
therefore, generally speaking, the currency will be devalued

3. It will have an impact. The impact is what the central bank says: inflation and deflation cross. The first stage is the outflow of foreign capital. The main reason is that the appreciation potential of RMB in a short period of time has disappeared, and China's real estate and stock market have no speculative opportunities for the time being. And now the headquarters are affected by the financial crisis, external funds to rescue. The strong US dollar, the sharp drop in commodity futures prices, the sharp drop in oil prices, and the sharp drop in European and American stock markets all affect the trend of international hot money. There are potential investment opportunities in these markets. Therefore, in a short period of time, there will be pressure to devalue the RMB. But when the market is stable, international hot money will be aimed at China. This is the world's fastest growing economy with unlimited potential. The stock market and real estate are all in the position here. It's a good time for investment and speculation. With the adjustment of the national monetary policy and the introction of economic policy, there is a great possibility that inflation will occur in China next year.

4. When the financial crisis broke out, the factor affecting the money supply is that the supply exceeds the demand.

5.

If you are in the urban area of Chaozhou, take a passenger car to Shantou CTS passenger station. After that, you can walk to the bus

if you only get to Shantou bus terminus, you need to take bus No.30 to Shantou No.1 middle school at bus terminus or bus terminus north bus stop (please read the following notes)

(Note: as the road of Shanzhang interchange is being closed in 2017, No.30 is diverted. So you have to get off at Shantou CTS bus station (you can also take bus No.28 or 39 at this station), and then walk there (as shown in the figure above))

6. 1. Financial crisis refers to the sharp, short-term and super cyclical deterioration of all or most of the financial indicators (such as short-term interest rates, monetary assets, securities, real estate, land (price), number of commercial bankruptcies and number of bankruptcies of financial institutions) of a country or several countries and regions, The clay oven rolls are the main reason why the economic crisis is broken by the virtual economy. The original case is that the
if the price of each clay oven rolls is 5 yuan, the daily trading volume will be 1040 yuan. At this point, A and B will increase the market baking cake to 2 yuan. Some people have heard that the pancake is selling 1 yuan for 5 yuan, and when the market is only 2 yuan, buy it quickly. - the bubble economy proces
pancake can not be proced at once. On the one hand, a and B increase the number of pancakes (up to 100 or more per day), on the other hand, they sell pancakes, and they also start the transaction of issuing pancake bonds. The buyers buy pancakes with cash and mortgage loans. --- financing, financial intervention
some people want to buy pancakes, but they have neither cash nor collateral, A and B issued sub-prime pancake bonds and bought insurance from insurance institutions. --- sub prime bonds sowed seeds for the sub-prime crisis.
one day, they found that the pancakes they bought could not be eaten, and they had to store them in a place where they could not get moldy, so they quickly sold them, The clay oven rolls off the
even if the price is lower. The financial crisis has broken out. The burn cake shop has laid off (as long as 40 clay oven rolls are ready every day) - unemployment. Shaobing bonds have become waste paper: the subprime mortgage crisis
the mortgage loan (the collateral is worthless) can not be recovered, the liquidity crisis of loan banks, the bankruptcy of insurance companies, etc-- Financial crisis
3. In this financial crisis, some foreign exchange reserves of countries have been lost, exports have been difficult, economic growth has slowed down, unemployment has increased, people's income has declined, consumption has decreased, and the market is depressed. In serious cases, political instability will be caused. Compared with European countries, the impact of this financial crisis on China is not great, because China's economy is somewhat separated from the international economy, The country is also expanding its finance, recing the deposit reserve ratio and stimulating domestic demand by 400 billion yuan. Now it has lowered the RMB exchange rate. If all the macroeconomic measures are implemented effectively, it will take about a year for China

7. The so-called finance, simply speaking, is the financing of funds. To be more simple, it is to study the relationship between money and money. This is my understanding. The strict definition is as follows:
Finance is the general term of currency circulation and credit activities and the economic activities associated with them. In a broad sense, finance generally refers to all economic activities related to the issuance, custody, exchange, settlement and financing of credit currency, Even including the trading of gold and silver, the narrow sense of Finance specifically refers to the credit currency financing<

financial crisis, also known as financial storm, refers to the sharp, short-term and super cyclical deterioration of all or most of the financial indicators (such as short-term interest rate, monetary assets, securities, real estate, land (price), commercial bankruptcy and financial institution bankruptcy) of a country or several countries and regions, In the whole region, the value of currency has been devalued by a large margin, the total economic volume and economic scale have suffered great losses, and the economic growth has been hit. It is often accompanied by a large number of business failures, rising unemployment rate, general economic depression, and even sometimes social unrest or national political instability

financial crisis can be divided into currency crisis, debt crisis and banking crisis. In recent years, the financial crisis is more and more showing a mixed form of crisis

Thailand's financial crisis occurred in the turmoil of the stock market and foreign exchange market. The first is the impact of US dollar contraction in the foreign exchange market, which makes the Thai baht depreciate greatly in a very short period of time, and further affects the stock market and financial system of Thailand. The financial market of Southeast Asia is a bundling economy with prosperity and loss, and the currencies of various countries are not unified. In the international financial market, US dollar eventually becomes the trading unit. Indirectly, it has created a driving force for the outbreak of the financial crisis
therefore, the outbreak of the Southeast Asian financial crisis came from the impact of the foreign exchange market, and the currency crisis became a subsidiary of the financial crisis

to make an analogy, you borrow 100 yuan from Zhang San, then Zhang San borrows 100 yuan from Li Si, and then Li Si borrows 100 yuan from Wang Wu. This is like the current financial system. If Zhang San says that I have no money now, I can't pay it back. In this way, Zhang San has no money to pay Li Si, and Li Si has no money to pay Wang Wu. So it went on, and the crisis happened
the financial crisis is caused by the subprime mortgage crisis in the United States. Americans don't need to pay down for their houses, and they are interest free for the first three years. American mortgage companies turn these mortgage loans into bonds issued around the world. When Americans can't afford the mortgage, many banks will go bankrupt because they buy such bonds. This led to the financial crisis, the global people to buy houses for Americans to pay
however, psychological factors are also the main role of the financial crisis. For example, China did not have a big impact on China, but e to the policy mistakes of national leaders and the public's psychology, China was involved in the financial crisis.

8. I am engaged in finance, let me answer, 100% original Oh

1. Credit trading is also called margin trading, the biggest purpose is to make the use of funds more efficient. Through margin trading, leverage the use of funds. For example, the warrant derivatives, you pay 100000 yuan in the securities company's account, assuming that the leverage is 10, then you can use the 100000 yuan as one million yuan. Suppose you use the 1 million yuan to sell shares, and the shares rise to 1.1 million yuan, then you sell them again, and then you will make a pure profit of 100000 yuan and a profit of 100%; If the one million you buy falls to 900000, you lose 100000, 100%. That is to say, credit transaction not only improves the efficiency of capital utilization, but also expands the risk. These are the advantages and disadvantages

2. There are too many financial derivatives, and the types of markets in different countries are also very different. However, there is only one essence, which is to improve the utilization rate of funds and, of course, expand the risk. Financial derivatives can not be divided into investment and speculation. Of course, they can provide great convenience for the financing or consumption of the real economy. This is called investment, but the good and bad can not be predicted before. As for risk hedging, that is to say, buying a bullish proct and a bearish proct at the same time offset part of the risk to a certain extent< 3. Consumer credit is overdraft. To put it bluntly, it is to lend money to consumers for consumption. This, of course, can boost consumption. So as to stimulate investment. Promote economic development. However, if consumers borrow money and can't pay it back, they will form uncollectible bad debts to financial institutions. Even went bankrupt

4. We should understand the financial crisis from the following aspects. Fundamentally speaking, the financial crisis is that Americans have too much debt, which is bound to happen. The gross domestic proct of the United States is about US $1.3 billion. The average debt of each family is US $175000, and the total debt of the United States is nearly US $100000<

the financial crisis started from the subprime mortgage crisis. In the subprime mortgage crisis, some people in the United States could not afford to repay their housing loans, so they could not get back the funds lent by most financial institutions, and the crisis loomed. American commercial banks sell these subordinated bonds to investment banks, and the investment banks package these subordinated bonds and list them again, just like issuing bonds, and insure these bonds with AIG. In the whole process, the financial leverage has been extended by about 30 times. In this way, many financial institutions on the financial chain will go bankrupt when the lenders can't afford the mortgage. Of course, AIG and Fannie and Freddie fell first

as I said just now, the financial chain has been stretched for a long time, and some accounting losses have not yet been revealed. It is estimated that the total bad debts will reach at least US $60 trillion (only credit default swap cds, a financial derivative, is actually a default insurance proct). So, the current financial crisis is just beginning to emerge
hope to adopt

9. 1. Change the economic pattern in the future world, China will be more and more important in the future world economic growth

2. Developing countries and transition economies will have more say in international finance

3. All countries will strengthen financial supervision, The financial crisis has transformed some countries with export-oriented economy, including China, to expand domestic demand is becoming more and more important

5. The status of the US dollar will decline, and now more and more countries are looking for a currency that can replace the US dollar for international trade

as the financial crisis continues to spread to Europe and emerging financial markets, especially with the drying up of global credit channels, banks in the euro area and many other countries hope to use the Federal Reserve's currency swap tool to obtain much-needed US dollars, which has become a safe haven asset and emergency asset. In order to finance the subsequent issuance of bonds to the international community, the United States also strives to stabilize the US dollar, These factors are expected to support the short-term strength of the US dollar. However, the recent price reversal of the US dollar can not change the long-term value decline trend of the US dollar. Besides economic fundamentals and US dollar strategy, there are three fundamental factors that determine the long-term trend of the US dollar
the position of US dollar in global currency reserve. Although the US dollar still accounts for 24% of the global strategic reserves and 11% of the world trade share, the currency structure of the global foreign exchange reserves has undergone great changes. From 1995 to the second quarter of 2008, the proportion of the US dollar dropped to 62.48%, and the euro rose sharply from 8.54% to 26.99%

US dollar enjoys seigniorage privilege. From 1977 to 2006, Seigniorage covered 86.2% of the current account deficit. Most of the current account deficit in the United States was "offset" by international seigniorage, which also explains why the huge current account deficit and fiscal deficit did not lead to the rapid depreciation of the US dollar. In the past two years, with the weakening of American economy, the international seigniorage of the United States has decreased, which has graally lost the brake valve for the depreciation of the US dollar. The international seigniorage has been unable to save the crisis of confidence in the US dollar, which is reflected in the accelerated depreciation of the US dollar. With the decrease of the offsetting ability of us international seigniorage in recent years, the weakening of US dollar is the general trend

the trend of the US dollar is constrained by the increasingly serious double deficits. Double deficits have always been the long-term fundamental factor determining the trend of the US dollar. With the launch of large-scale rescue actions in the United States, the fiscal deficit continues to expand, the debt ratio of the United States rises sharply, the balance sheet of the Federal Reserve is becoming increasingly unbalanced, and the risk of sovereign default increases. According to statistics, the federal deficit will reach a record 455 billion US dollars in 2008, and will climb to 750 billion US dollars in 2009, Therefore, the issuance of US dollar rescue bonds is likely to become the fuse of US dollar depreciation

based on the above judgment, the reversal of the trend of the US dollar and the inherent instability of the currency value will trigger new turbulence in the global financial market and aggravate the risk of deterioration of the real economy

the financial governance of financial chaos. In the short run, the global financial situation is precarious, and the effect of fiscal policy and monetary policy is greatly reced. Under the background of the increasingly tense financial situation in the United States, the rescue policy aimed at alleviating the financial crisis will have a "crowding out effect" on the long-term policy aimed at stimulating economic growth; Since September 2007, the effect of eight interest rate cuts of monetary policy has graally weakened. The federal benchmark interest rate is unable to guide the financial market interest rate. In addition, the leverage contraction of monetary multiplier ring the financial crisis has accelerated the elimination of monetary purchasing power, and monetary policy is also facing failure< However, in the long run, the time for a comprehensive reform of the international financial order is ripe ahead of schele e to the deepening of the crisis. The Asia Europe summit and the upcoming G20 global financial summit are the seeds of rebuilding the new system. It can be expected that these meetings will be held before the establishment of a new international financial order; Secondly, we should restrict the expansion of the local currency of the leading currency countries and establish a multi polar international monetary system and coordination mechanism; And the balance of payments pattern, which will have a profound impact on the future reform of the international financial system and the global financial pattern, and create conditions for the balanced development of globalization to the structure

however, we must realize that the reshaping of the new international financial order and the financial and monetary system is a global game process. In order to maintain its dominant position in the global international financial system, the United States is obviously unwilling to transfer the right to issue US dollars easily. The European Union is also seeking the rise of Euro power and the reform of the international monetary and financial system in the future, The major problems of the financial system cannot be solved in a short time

as the long-term structural problems faced by the world economic and financial cycle have accumulated a lot of risks, when the economic crisis "counteracts" the financial crisis, it is likely that the global economy will enter a "W" type adjustment period with three to five years and two recessions

great financial turbulence needs great financial governance. Structural imbalance is not only the core problem of the global financial system, but also the core problem to be solved by China itself. How can China take advantage of this financial crisis to reshape the international financial and monetary system? What kind of financial reform strategy does China need to adopt? How to improve the current monetary policy and exchange rate policy? In the face of the deepening adjustment of the global financial crisis and the trend of China's development transformation in the future, it is not enough for China to make long-term preparations only to frequently use monetary and fiscal policies in response to the crisis and economic downturn, We should turn to a more resolute structural governance model, unify the solution of internal and external imbalances, and consider the overall framework of all-round financial development and stability from the perspective of safeguarding national economic sovereignty, promoting development transformation, deepening financial reform and maintaining financial security

10. Financial crisis, also known as financial storm, refers to the sharp, short-term and super cyclical deterioration of all or most of the financial indicators (such as short-term interest rate, monetary assets, securities, real estate, land (price), number of commercial bankruptcies and number of financial institution failures) of a country or several countries and regions, In the whole region, the value of currency has been devalued by a large margin, the total economic volume and economic scale have suffered great losses, and the economic growth has been hit. It is often accompanied by a large number of business failures, rising unemployment rate, general economic depression, and even sometimes social unrest or national political instability. Financial crisis can be divided into currency crisis, debt crisis and bank crisis. In recent years, the financial crisis is more and more showing a mixed form of crisis. The Asian financial crisis in 1997 and 1998 is another major event that has a far-reaching impact on the world economy after the world economic crisis in the 1930s. This financial crisis reflects that there are serious defects in the financial system of the world and other countries, including many mature financial systems and economic operation modes that are considered to have been selected through historical development. Many problems have been exposed in this financial crisis and need to be reflected. This financial crisis has raised many new issues for us, including the establishment of new financial rules and organizational forms. This book attempts to study this aspect. The central problem of this book is how to get rid of the century's economic problems caused by the money supply system formed in various countries and the debt derivative mechanism formed among enterprises under the new situation after the reform of monetary system at the beginning of this century, including: (1) the heavy debt burden of enterprises, the numerous bad debts of banks, and the frequent financial and debt crises 2) There is too much money supply and too much banking business, which makes macro-control more difficult 3) The government's taxation is difficult, and the financial crisis is mixed with the financial crisis 4) inflation is winding the social economy, the bubble economy occurs frequently, the economic fluctuation is frequent, and the economic growth is often blocked; 5) The lack of funds in enterprises has brought business difficulties, increased the bankruptcy and bankruptcy rate, and the frequent merger activities of enterprises have reced the stability of enterprises and increased unemployment, which is not concive to economic growth and social stability 6) The unequal international monetary relations bring heavy burden to most countries in the world and cause many international economic problems.