Growth multiple of virtual currency

1.

When it comes to bitcoin, many people must be familiar with it. According to the latest news, bitcoin's price has now exceeded nearly $30000< the reason for the sharp rise of bitcoin is e to certain economic impact{ RRRRR}

so it also pushed the price of bitcoin to a new high. In the second half of the year, this new pneumonia epidemic has also had a negative impact, so it has also implemented a loose monetary policy for all countries< however, we all know that bitcoin is equivalent to the encrypted virtual currency of a mainstream guy, so at this time, it has become a corresponding investment for many investment institutions who want to fight against inflation so at this time, the price of bitcoin has been raised accordingly, so it is also possible for each of us to carry out corresponding work. All this is e to the current economic situation, which leads to the rise of bitcoin

2. Untc is a kind of pyramid selling coin that wanders in the gray area. 100% trap. Before you buy money, your friends will tell you that the market is very hot. When you really buy money and then want to sell it, it will be more difficult. When you come up with money, you can only cheat those new Xiao. If this vicious circle goes on, it needs continuous fresh blood injection to maintain the coin circle ecology. When the amount of blood consumed by the coin circle ecology reaches a certain height, it will eventually collapse because there is no donor
Q: why do people who buy MLM coins say that MLM coins are particularly good
A: MLM money is just like zombies. Whoever bites will become zombies. When you are bitten by zombies, your words and actions will be consistent with them.

3.

Money growth rate generally refers to the growth rate of money supply

The calculation method of money supply growth rate is also called "m = y + P formula". In order to replace the outdated "1:8 formula", people hope to find a concise and easy to measure formula

the most influential one is:

m = y + P

that is, the growth rate of money supply m equals to the economic growth rate y plus the expected (or planned) price rise rate P

If this formula is concretized, that is:

where:

RMS represents the growth rate of money supply

Re represents the real economic growth rate

RP represents the rate of price increase

RV represents the change range of money circulation speed

The evaluation of the calculation method of money supply growth rate

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extended data:

related:

this formula is the same as "1:8", which aims to solve the problem of how to determine the annual planned money supply growth rate, but it is obviously different from "1:8" formula in many aspects:

1, Some people define m as the growth rate of cash issuance, but in the process of using it, many people have defined m as broad money or loan growth rate, which is different from "1" in "1:8" which only refers to cash

No matter which index is used to represent the economic growth rate, it is much wider than the traditional "1:8" index of the total amount of social retail goods

In fact, the expected or planned rate of price change into the model admits that the impact of price rise on the nominal money demand can not be ignored. Whether it is reasonable or not, there is no consensus in the theoretical circles

4. Among them, M = y + P means that the growth rate of money supply m equals to the economic growth rate y plus the expected (or planned) price rise rate P.

5. "Borrowing currency" can borrow leverage multiple, the minimum can borrow the minimum trading unit of the current currency, the maximum can borrow 4 times, and the principal can be expanded 5 times.

6. The money supply is directly proportional to the base money, and the ratio between the two is the money multiplier. The base currency is the currency issued by the central bank. The central bank injects the base money into the market through certain channels. For example, the central bank issues loans to commercial banks, and the central bank "spends money to buy" the Treasury bonds or foreign exchange held by commercial banks. Through these channels, commercial banks obtain a large amount of funds, which can be used for loans, thus starting the process of creating derivative deposits. This derivation process is the money multiplier effect. Money multiplier is the quantitative expression of the relationship between base money and money supply expansion, that is, the multiple that the central bank can increase or decrease the money supply by creating or recing a unit of base money. Money multiplier is the ratio of total money supply to base money. The total amount of money supply is equal to the sum of cash in circulation and bank deposits. The money multiplier is inversely proportional to the deposit reserve, the bank's delivery scale and the residents' willingness to save. The basic currency enters the commercial banks from the central bank. The commercial banks enter the money market through lending. The enterprises that get the money will use the credit funds to pay for the goods. The enterprises that get the money will deposit the money into the commercial banks. The commercial banks use the customers' funds to enter the lending activities and make most of the funds enter the circulation field, The funds entering the circulation field are returned to commercial banks by means of deposits, etc. it is obvious that the sum of cash in circulation and bank deposits is already several times the basic use.

7. In fact, the process of making money by banks is to enlarge the money supply through the continuous deposit and loan process and multiplier effect. Take a simple example: the reserve ratio of a bank is 10%, and Party A deposits 10 yuan in bank a. A to the central bank reserve 1 yuan, and then 9 yuan loan out. Then the 9 yuan will go to B through the circulation and other process, B will deposit the money to a, a will leave a reserve of 0.9 yuan, and then lend 8.1 yuan. In this way, the total currency in circulation will change from 10 yuan to 10 / 0.1 = 100 yuan. The complete formula of monetary (Policy) multiplier is: k = (RC + 1) / (RD + re + RC). Among them, RD, re and RC represent the statutory reserve ratio, excess reserve ratio and cash in deposit ratio respectively. The basic formula of monetary (Policy) multiplier is: money supply / base money

8.

For bitcoin, many people think it's incredible. Why do you say that? Because bitcoin has increased about 10 times a year, why is that so? In fact, many people are not optimistic about bitcoin as a virtual currency at first, and they have a conservative attitude, but it has increased by about 10 times a year. I believe many people understand what this is. Let me talk about my personal views on bitcoin for reference only

problem analysis

in fact, many people don't understand the problem of bitcoin, and they must be cautious or not participate in what they don't understand. If they don't participate rationally, it may eventually bring about the loss of Jue. The above is my understanding of bitcoin, for reference only

9. Monetary super economic growth rate may appear in the early stage of instrial transformation. Due to the construction process of investment driven growth, proction capacity will not be released immediately, and demand will be cultivated slowly. Economic growth will be slower than investment (monetary investment growth)
however, with the completion of instrial transformation layout and the further release of proction capacity and demand, this deviation of growth rate will be graally corrected and then turned into a positive correlation

10.

The annual growth rate of broad money M2 should be between 13% and 14%, never more than 15%

in a few years, if the population growth rate is lower than it is now, the annual growth rate of M2 will be slightly lower

the division of monetary levels in China is as follows:

M0 = cash in circulation

narrow money (M1) = M0 + enterprise current deposit + Organization army deposit + rural deposit + credit card deposit held by indivials

broad money (M2) = M1 + savings deposits of urban and rural residents + fixed deposits in enterprise deposits + trust deposits + other deposits, M2 minus M1 is quasi currency

In addition, there are m3 = M2 + financial bonds + commercial paper + large amount transferable certificates of deposit, etc. m3 is set according to the continuous innovation of financial instruments

The simple theoretical calculation of the growth of M2 is as follows:

(1) set the material quantity base of the previous year as 100 and the monetary base as 100, and set the annual growth rate of the material quantity as 9%. After one year, the material quantity will reach 109. If there is no price rise, the money supply should also increase by 9% to 109. Now consider the price rise of 4%, 109 × 04 = 4.36, the money supply should reach 109 + 4.36 = 113.36, and the growth rate of money supply should reach (113.36-100) ÷ 100 = 13.36%. The 4% price rise is still relatively high. If the price rise is generally calculated at 3%, the theoretical calculation can only be 12.21%. This 13.36% or 12.21% is the annual growth rate of money supply

(2) if the quantity of goods and materials grows fast and the money supply does not keep up, there will be deflation. If the annual growth rate of goods and materials is 12% and the annual rise of prices is 4%, the annual growth rate of money supply calculated theoretically should be 16.48%. If the annual rise of prices is 3%, the annual growth rate of money supply calculated theoretically should be 15.36%, In any case, the above 18% or 19% will not be achieved. Moreover, it is impossible for the annual growth of materials to reach 12%. The average annual growth rate of China's population in the past five years is less than 6 percent. If the amount of materials reaches an annual growth rate of 12 percent in many years, there will be a waste of materials and resources, which should be eliminated

conclusion: the main culprit of inflation and price rise is too much money supply. In recent years, M2 should not be so high. The growth of money supply must be compatible with economic growth. Money and goods should be matched one by one. If money is too much than goods, there will be a higher price rise