Inflation caused by virtual currency
Publish: 2021-04-23 13:15:46
1. The popularity of credit currency is an impact on the low level of currency issuance of the central bank, so the central bank will not sit idly by the large-scale development of Q currency. Naturally, the best way to deal with it is to determine the rights and obligations of game companies through legislation, increase their supervision, and ensure the monetary development rights of the central bank.
2. Hello, I hope my answer will be helpful to you:
LZ is actually a problem that all countries in the world will face in the future. It is obvious that China, the world's largest virtual network market, lags behind developed countries by a large margin. Ha ha, ha ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, The total social demand is greater than the total social supply, and the supply is greater than the demand
2. The regional statistical bureaus under the National Bureau of statistics must count the money circulation of the region every week to report to the Ministry of Finance for filing, and the central bank will set the money supply for the next year. If we find that there is too much money in circulation in the society, we should adopt tightening policy and raise interest rate to recover some money. If there is less, the opposite is true. We will find that no matter where the Bureau of statistics can only count the currency in circulation. For those virtual currencies, they are those Q currencies. China and even many countries still can't make accurate statistics, once the whole China in extreme cases, throw out Q currency for other people's real currency. For example, a sells 10 Q coins to B, and B has to go to the bank to withdraw 10 yuan. If all Q coins are sold off and someone buys them, the market currency will increase, the currency will depreciate and cause inflation
PS: I want to remind LZ that this may be too small. virtual currency is different from e-money. E-money is our common people's lucky money, which is deposited in the bank and converted into bank network currency. The state can get statistics, and the banks have records. Virtual currency is different, many times it is free, so there are many disadvantages when it is immature. Lack of liquidity, not everywhere can use Q currency, it can only be used for Tencent games, electronic currency can be used for any network transactions. If you really take all the Q coins to exchange, the worst may be the collapse of Tencent, which will not cause inflation
sorry, I think that virtual currency does not necessarily cause inflation. For example: A sells Q coins to B, B must withdraw money to buy. There are three possibilities for a to get money: 1. Deposit 2. Holding 3. Consumption. If a chooses to deposit or consume, in fact, the money flows into the bank, which means that B withdraws from the bank and a deposits the money. But if a holds it at home and everyone sells it, it will cause inflation One of Keynes's theorems is liquidity preference. Keynes thinks that money demand refers to the amount of money that the public can and is willing to hold in a specific period. According to him, people need to hold money because of the general psychological tendency of liquidity preference. The so-called liquidity preference refers to people's psychological preference for liquidity and their desire to hold money rather than other illiquid assets. This desire constitutes the demand for money. Therefore, Keynes' money demand theory is also known as the liquidity preference theory, because there are more and more money in the society, the currency devalues.
LZ is actually a problem that all countries in the world will face in the future. It is obvious that China, the world's largest virtual network market, lags behind developed countries by a large margin. Ha ha, ha ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, The total social demand is greater than the total social supply, and the supply is greater than the demand
2. The regional statistical bureaus under the National Bureau of statistics must count the money circulation of the region every week to report to the Ministry of Finance for filing, and the central bank will set the money supply for the next year. If we find that there is too much money in circulation in the society, we should adopt tightening policy and raise interest rate to recover some money. If there is less, the opposite is true. We will find that no matter where the Bureau of statistics can only count the currency in circulation. For those virtual currencies, they are those Q currencies. China and even many countries still can't make accurate statistics, once the whole China in extreme cases, throw out Q currency for other people's real currency. For example, a sells 10 Q coins to B, and B has to go to the bank to withdraw 10 yuan. If all Q coins are sold off and someone buys them, the market currency will increase, the currency will depreciate and cause inflation
PS: I want to remind LZ that this may be too small. virtual currency is different from e-money. E-money is our common people's lucky money, which is deposited in the bank and converted into bank network currency. The state can get statistics, and the banks have records. Virtual currency is different, many times it is free, so there are many disadvantages when it is immature. Lack of liquidity, not everywhere can use Q currency, it can only be used for Tencent games, electronic currency can be used for any network transactions. If you really take all the Q coins to exchange, the worst may be the collapse of Tencent, which will not cause inflation
sorry, I think that virtual currency does not necessarily cause inflation. For example: A sells Q coins to B, B must withdraw money to buy. There are three possibilities for a to get money: 1. Deposit 2. Holding 3. Consumption. If a chooses to deposit or consume, in fact, the money flows into the bank, which means that B withdraws from the bank and a deposits the money. But if a holds it at home and everyone sells it, it will cause inflation One of Keynes's theorems is liquidity preference. Keynes thinks that money demand refers to the amount of money that the public can and is willing to hold in a specific period. According to him, people need to hold money because of the general psychological tendency of liquidity preference. The so-called liquidity preference refers to people's psychological preference for liquidity and their desire to hold money rather than other illiquid assets. This desire constitutes the demand for money. Therefore, Keynes' money demand theory is also known as the liquidity preference theory, because there are more and more money in the society, the currency devalues.
3. Hehe; Virtual currency earned from the game, & quot& quot; If it is traded into RMB, is the demand for RMB increasing& quot; Yes, that's exactly right.
& quot; And the real money supply can not meet the money demand. Will it cause deflation? But most of the statements about the impact of virtual currency on reality say that it will cause inflation. Why do you say that& quot;
the key lies in the liquidity of virtual currency. If the virtual currency itself can be accepted and circulated in the market like RMB, then issuing virtual currency is equivalent to issuing RMB, and the issuance of virtual currency is very random. If a large number of virtual currencies are issued in the game, there is the possibility of inflation in theory.
but in fact, this situation is very difficult to achieve The essence of unreliability determines that it is difficult for RBM to achieve its acceptance and circulation; Second, the issuance of virtual currency is actually a hedge against the game's demand for RMB. Therefore, the government's restrictions on the use of virtual currency are just a precautionary measure.
& quot; And the real money supply can not meet the money demand. Will it cause deflation? But most of the statements about the impact of virtual currency on reality say that it will cause inflation. Why do you say that& quot;
the key lies in the liquidity of virtual currency. If the virtual currency itself can be accepted and circulated in the market like RMB, then issuing virtual currency is equivalent to issuing RMB, and the issuance of virtual currency is very random. If a large number of virtual currencies are issued in the game, there is the possibility of inflation in theory.
but in fact, this situation is very difficult to achieve The essence of unreliability determines that it is difficult for RBM to achieve its acceptance and circulation; Second, the issuance of virtual currency is actually a hedge against the game's demand for RMB. Therefore, the government's restrictions on the use of virtual currency are just a precautionary measure.
4. 1. It's stipulated that operators can't convert game currency into RMB
2. Specifically, whether the equipment is suitable or the materials are suitable, you should be very clear that you are playing this game, and you should know what is more valuable
2. Specifically, whether the equipment is suitable or the materials are suitable, you should be very clear that you are playing this game, and you should know what is more valuable
5. At present, there are many kinds of "currencies" on the Internet. Tencent's "Q currency", Shanda's "Yuanbao", Paradise currency, Warcraft currency and so on have become hot "currencies" on the Internet
experts believe that if network operators are allowed to issue unlimited virtual currencies that can be exchanged with RMB, it is likely to replace RMB as the general equivalent of some online transactions. Once such disorderly transactions are rampant, it is bound to impact the market position of RMB and destroy China's financial order
from the point of view of behavioral economics, as a general equivalent, the "price" of "equal" in money is called value in language, but it actually refers to utility. Virtual currency does not represent the "effect" of general "price", but the value itself. Therefore, under the intervention of market and policy, the virtual money instry still has the characteristics of market supply and demand of deflation and inflation
will run into the mortal enemy of human economy, & quot; Inflation & quot;
experts believe that if network operators are allowed to issue unlimited virtual currencies that can be exchanged with RMB, it is likely to replace RMB as the general equivalent of some online transactions. Once such disorderly transactions are rampant, it is bound to impact the market position of RMB and destroy China's financial order
from the point of view of behavioral economics, as a general equivalent, the "price" of "equal" in money is called value in language, but it actually refers to utility. Virtual currency does not represent the "effect" of general "price", but the value itself. Therefore, under the intervention of market and policy, the virtual money instry still has the characteristics of market supply and demand of deflation and inflation
will run into the mortal enemy of human economy, & quot; Inflation & quot;
6. Of course, a lot of online games, for example, just play when each player's money is not much, the price of the goods is correspondingly low, when the time is long, more experts, more money, in order to buy good goods, it is inevitable that someone bidding, time is long, natural things are not worth money, money is also not worth money
7. There are several reasons for the country to issue more money:
1. Society is developing, population is growing again, and GDP is also growing, which should be reflected by sufficient growing money
2. China has a long-term import and export surplus, and enterprises earn a lot of foreign exchange abroad. This part of foreign exchange is returned to China and directly converted into RMB by banks for domestic use. China has several trillion US dollars of foreign exchange reserves, ranking first in the world, which requires printing a large number of RMB to exchange foreign exchange
3. Issuing more money can rece the interest rate, that is, the cost of money. This can promote investment, and investment growth can promote economic growth. Only economic growth can drive employment growth and raise people's income.
1. Society is developing, population is growing again, and GDP is also growing, which should be reflected by sufficient growing money
2. China has a long-term import and export surplus, and enterprises earn a lot of foreign exchange abroad. This part of foreign exchange is returned to China and directly converted into RMB by banks for domestic use. China has several trillion US dollars of foreign exchange reserves, ranking first in the world, which requires printing a large number of RMB to exchange foreign exchange
3. Issuing more money can rece the interest rate, that is, the cost of money. This can promote investment, and investment growth can promote economic growth. Only economic growth can drive employment growth and raise people's income.
8.
If the currency is over issued, there will be more money in circulation in the market. Suppose that no one can afford to buy a rocket of 200 million yuan. Now everyone can afford to buy a rocket of 200 million yuan. The price of the rocket rises from 200 million yuan to 2 billion yuan, which is inflation
with the rapid development of money, people suddenly become rich and more people can afford things, but the quantity of things remains unchanged. When demand rises and supply remains unchanged, prices will rise
the central bank is printing banknotes every year, which is the same as other printed banknotes. If the central bank issues excess banknotes, the excess banknotes will go directly into the Treasury, and then pay salaries to governments and officials at all levels, or carry out the policy of changing sheds to households, and enter the hands of relocated households, which can enter the market
extended information:
the manifestation of inflation:
① the issue of paper money must be limited to the quantity needed in circulation. If too many paper money are issued, it will cause the devaluation of paper money, and the price will rise
(2) the price of goods is directly proportional to the value of goods, and the price of goods will rise with the increase of the value of goods (3) the price is affected by supply and demand, when the supply of goods exceeds the demand, the price will rise (4) policy adjustment and rationalization of price relationship will lead to price increase (5) poor commodity circulation, poor market management, arbitrary charges and fines will also lead to the rise of commodity prices. It can be seen that inflation is only when the price rise is caused by the issue of too many banknotes9. If more money is printed, the price will rise, and inflation will occur naturally.
if 100 yuan is used to buy a garment, and now 100 yuan is issued, and the currency in circulation is 200 yuan, then the garment will be worth 200 yuan, but the actual utility has not changed. In other words, currency depreciation is inflation
if 100 yuan is used to buy a garment, and now 100 yuan is issued, and the currency in circulation is 200 yuan, then the garment will be worth 200 yuan, but the actual utility has not changed. In other words, currency depreciation is inflation
10. Why does China's over issuance of currency not lead to inflation
to put aside emotion, objectively speaking, China can't be alone in this currency issuing competition, even among the best. For China's domestic economy, China needs to print money, which can bring economic prosperity. Moreover, another important reason for us to print money is to passively print money to stabilize the RMB exchange rate in order to protect exports
according to common sense, the biggest concern of large-scale printing is that it will lead to inflation. Recently, the world's massive quantitative easing has put more and more pressure on inflation. At present, China's broad money M2 exceeds 100 trillion. Why hasn't China caused significant inflation by issuing so many currencies? Where does China's currency go after it is issued? Is there any hidden danger
first of all, China's currency overrun itself does not immediately mean the emergence of economic imbalance and inflation. There are some reasons and foundations for us to become the world champion. In the United States, the total assets of the banking system are only about 12 trillion US dollars, while the market value of the stock and bond market exceeds 60 trillion US dollars, that is, the proportion of direct financing in the U.S. economy exceeds 80%. On the contrary, in China, the total assets of the banking system exceed 80 trillion yuan, while the size of the stock market and bond market is only 20 trillion yuan. The underdevelopment of capital market makes a lot of funds have no place to digest, which leads to the surge of M2. Of course, it is precisely under the current resource allocation efficiency of China's financial system that a large number of currencies enter the black hole whirlpool of stock market or futures market after they are issued. Even in China, in order to solve the financing problem of the real economy, we need to issue a lot of money.
to put aside emotion, objectively speaking, China can't be alone in this currency issuing competition, even among the best. For China's domestic economy, China needs to print money, which can bring economic prosperity. Moreover, another important reason for us to print money is to passively print money to stabilize the RMB exchange rate in order to protect exports
according to common sense, the biggest concern of large-scale printing is that it will lead to inflation. Recently, the world's massive quantitative easing has put more and more pressure on inflation. At present, China's broad money M2 exceeds 100 trillion. Why hasn't China caused significant inflation by issuing so many currencies? Where does China's currency go after it is issued? Is there any hidden danger
first of all, China's currency overrun itself does not immediately mean the emergence of economic imbalance and inflation. There are some reasons and foundations for us to become the world champion. In the United States, the total assets of the banking system are only about 12 trillion US dollars, while the market value of the stock and bond market exceeds 60 trillion US dollars, that is, the proportion of direct financing in the U.S. economy exceeds 80%. On the contrary, in China, the total assets of the banking system exceed 80 trillion yuan, while the size of the stock market and bond market is only 20 trillion yuan. The underdevelopment of capital market makes a lot of funds have no place to digest, which leads to the surge of M2. Of course, it is precisely under the current resource allocation efficiency of China's financial system that a large number of currencies enter the black hole whirlpool of stock market or futures market after they are issued. Even in China, in order to solve the financing problem of the real economy, we need to issue a lot of money.
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