Does virtual capital belong to currency securities
promote social idle funds into proction and operation funds. The liquidity and high profitability of virtual capital (of course, accompanied by higher risks) can attract a considerable part of temporarily idle and scattered funds to invest in the embodiment of virtual capital stocks, bonds, derivative financial instruments, and thus into the real economy. This is particularly obvious in China's current capital market. In our country, most of the investors buy stocks now in order to sell them and earn the bid ask spread. If there is no secondary market for the stock, it can not be converted into virtual capital, and it can only be stored as a certificate of dividend when it is e, then many people may not buy it. Therefore, the existence of virtual capital can promote people to buy securities, increase investment and speed up economic development
promote the improvement of economic benefits. The flow of virtual capital towards the direction of high economic benefits can not only support and promote the rapid development of enterprises with high economic benefits, but also form pressure on enterprises with low economic benefits, so as to urge them to take effective measures to improve management and economic benefits, so as to continuously improve the level of economic benefits of the whole society.
Virtual capital
virtual capital refers to the capital that is independent of the real capital movement, exists in the form of securities, and can bring certain income to the holders on time, such as paper money, promissory notes, bills of exchange, stocks, public bonds, real estate mortgage, etc. Virtual capital is proced with the emergence of loan capital. It grows on the basis of loan capital and becomes a special investment field of loan capital
virtual capital is the result of excessive expansion of commercial and bank credit, or the use of credit to an alarming extent. At the same time, fictitious capital is accompanied by the process of monetary capitalization, which is the derivative form of interest bearing capital
extended data:
virtual capital will have positive and negative effects on the real economy. The positive effects include: providing savings investment conversion mechanism, optimizing resource allocation, promoting instrial structure optimization, and promoting financial integration; The negative effects include: excessive inflation leads to the virtual economy deviating from the real economy, giving birth to the "bubble" economy, incing financial crisis and distorting the allocation of resources. p> In other words, when virtual capital is suitable for the scale of real economy, they complement each other and promote each other; When the virtual capital develops excessively and takes up the resources needed by the real economy, it will have an adverse impact on the operation of the real economy. With the deepening of currency virtualization and economic virtualization, the impact of virtual capital on the development of real economy is also deepening
How to use the characteristics of virtual capital and its positive effects to serve the construction of socialist market economy is not only the starting point but also the ultimate goal of studying Marx's virtual capital theoryin terms of quantity:
first, the total amount of virtual capital is always greater than the total amount of real capital. Virtual capital is equal to the total market value of all kinds of securities, because the total market value of securities is greater than its par value< Second, the change of virtual capital does not reflect the change of real capital. Take stocks for example< Thirdly, the growth rate of virtual capital tends to be faster than that of real capital. The downward trend of interest rate leads to the rise of the price of securities and the continuous reorganization of wholly-owned or joint venture companies into joint stock limited companies.
understand why the United States is afraid that oil procing countries are going to change the pricing currency of oil from US dollar to euro, and why the United States led the Balkan War after the birth of euro, The trigger of the first World War is the Sarajevo incident in the Balkans and the saying that the Balkans are the powder keg of Europe.)
stock is a kind of securities, so it is also a kind of virtual capital
answer:
1 the meaning of virtual capital and real capital:
1 the meaning of virtual capital: as mentioned above
② the meaning of real capital: it is the capital corresponding to virtual capital, which directly participates in the process of proction and circulation in the form of commodity capital, proction capital or monetary capital, and proces value proliferation< The relationship between virtual capital and real capital:
1. The existence and movement of virtual capital should be based on the real capital it represents:
1. The movement of real capital determines the operation of virtual capital, and the proction and operation of securities issuers determines the income of securities investors< (2) the scale of real capital use affects the scale of virtual capital issuance, and the scale of social reproction determines the scale of securities investment< (3) the cycle of real capital affects the cycle fluctuation of virtual capital< (1) both virtual capital and real monetary capital are the starting points of the circulation movement of real capital, thus affecting the process and scale of the use of real capital< (2) the flow of virtual capital affects the distribution proportion and structure of real capital< (3) virtual capital expands the scope of real capital
3 difference between virtual capital and real capital:
although virtual capital is the value performance and paper of real capital, its price is not determined by the value of real capital, but by the expected income and average interest rate. In this way, the price change of virtual capital will deviate from the value change of real capital, showing a relatively independent movement. The characteristics of the price movement of virtual capital are as follows:
① the price of virtual capital is directly proportional to the size of expected return and the reliability of expected return< When the expected rate of return is fixed, the interest rate adjusts the price of virtual capital in the opposite direction< (3) the rise and fall of virtual capital prices are closely related to the supply and demand of the securities market.