Virtual money market under epidemic situation
We know that this is an era of high economic development. More and more people begin to pay attention to the self-development of the economy. At the same time, they are willing to put their spare funds into other instries to make money. This is a way to make future investment or risk aversion, After all, people are full of many factors for the instability of the market, such as a wave of new epidemic action in 2020. So what's the next step for bitcoin to reach a new high in 2020{ RRRRR}
3. For companies that issue bitcoin, it will have a very good development< p> Finally, for companies that issue bitcoin, this is a very good development, because the more people hold bitcoin, the higher the market value and price of the companytransferring bitcoin to the other end of the earth is as simple, low-cost and unlimited as sending e-mail
As a result, bitcoin is used in cross-border trade, payment, remittance and other fields Strong>first: benefiting from the loose monetary policy of the Federal Reserve,
suffered from the COVID-19 pandemic this year. In order to solve the liquidity crisis and stimulate the economy, the Fed injected a large amount of liquidity into the US dollar, causing huge fluctuations in the global financial market, including the digital money market. P>
second: the occurrence of COVID-19, the hedging attribute of bitcoin
COVID-19 epidemic has swept across many countries in the world, and has also had a great impact on enterprises and investment circles. p>
in the Research Report of grayscale investment, it is mentioned that two thirds of the respondents who have invested in bitcoin in the past four months said that the new coronavirus epidemic affected their decision to invest in bitcoin
After the epidemic, the RMB will not depreciate, and knowledge will fluctuate, which can be noticed frequently
the emergence of a new type of pneumonia is a black swan event that exceeded the expectations of the financial market in 2020, and it is also the main reason that led to the exchange rate of RMB against the US dollar from the previous appreciation to depreciation in January 2020
in 2020, RMB exchange rate may face certain depreciation pressure. But the range will also be controllable, mainly because: on the one hand, the Sino US economic and trade agreement requires RMB not to carry out competitive devaluation. On the other hand, once the RMB devalues too much, it is easy to cause sustained devaluation expectations. Sustained devaluation expectations and capital outflows are easy to strengthen each other, thus leading to a greater devaluation, which is not concive to the stability of RMB assets. The central bank will also have the power to maintain stability
It can be said that the price rise of bitcoin was very hot before the big fire in bitcoin market. From the end of last year, that is, the end of December, the price of bitcoin was less than $20000. In just four months, the price broke through $60000, and the increase rate was three times, 300%{ RRRRR}
as for the reason of the fire, we really have no way to make an effective conjecture. We can only say that before, the epidemic caused the global central bank to release water, that is to say, almost all countries are releasing water, and a large number of money printing led to inflation. In order to effectively combat inflation, we need to find new and effective investment ways, simply put money in the bank, We can't beat inflation any more, so if we focus on this new type of currency, coupled with the capital drive behind it, driven by tens of billions of capital, its price will naturally rise rapidly strong>
first of all, import is cheap for this person! Export goods will be very expensive to foreign countries. I don't know how many made in China will go bankrupt.
first of all, import more than 100000 high-end cars, but domestic ones are also more than 100000. What car would you choose? If you choose imported high-end cars, you will not be able to sell domestic cars, you will face bankruptcy, and workers will face unemployment. Some people will ask, according to the proportion of US dollars, will domestic cars be cheaper? In fact, it's very simple. If you earn 6800 now, and convert it into 1000 at the rate of US $1:1, will you do it? If you buy cabbage for 2 yuan / kg now, will it become a few cents / kg because of the dollar ratio? It's impossible. The price of any commodity in China will not drop because of the dollar ratio. For example, the pork we eat now is 10 yuan per catty, and the import is 3 yuan per catty. Which one would you choose
when it comes to export, for example, we export shoes at 68 RMB, which is equivalent to 10 US dollars, 1:1. If the export price of our shoes is still 68 RMB, it will become 68 US dollars, and they will not import from China but from other countries. Once China loses the road of export, many countries will face bankruptcy.
every country wants the proportion of currency to be stable, The U.S. has always wanted to appreciate the RMB. Japan was forced by the U.S. to appreciate the yen against the U.S. dollar for more than 100 years, and Japan has stopped for ten years.
don't think that the same proportion of RMB to the U.S. dollar is worth the money on hand, you will feel cheap when you go abroad! However, the domestic situation will be a mess.
the current international relationship is the relationship between you and me, fish and water. If a country's currency suddenly depreciates, it will be abandoned by other countries. If a country's currency suddenly appreciates, it will be abandoned by its own citizens.
a country's currency stability shows that the country's currency is stable, In fact, there are still many people in China who will say that our country imports and is self-sufficient, just like North Korea! If China closes its door, it will always regress and return to the era of the Three Kingdoms. There are many people who want to have stable currency, stable export, stable import, stable national economy and stable economy. Therefore, monetary stability is very important for a country. Now the RMB exchange rate and the US dollar are basically stable in the range of 7:1, It doesn't float up and down very much. Some people say that our RMB exchange rate and the US dollar should appreciate to the level of 1:1. I really don't know what these people think. First of all, the US dollar is the international currency, but the RMB is not. Second, the United States is the world's largest economic power. With the international currency status of the US dollar, it can manipulate the international economy, but we have not yet reached this level. Now Americans also want RMB appreciation very much. If appreciation is good for us, is the United States willing to do so? Take a simple example. For example, in the domestic market, there are only ten jin of rice, and the RMB in circulation is only ten yuan. OK, the highest value of rice is one yuan per Jin. If the RMB appreciates to the same value as the US dollar, it is equivalent to one yuan RMB can buy seven Jin of rice, but there are ten jin of rice in the market. What will be the consequences? The price must rise! Up to seven yuan a Jin! What about the rest? Is soaring prices good for us?