This is the beginning of to dollarization, is also a model of RMB internationalization.
Take foreign currency around $300, for example, points to the te of thousands of P box, true quality \Currency converted into capital, must have the following four basic conditio: 1, the currency into a commodity.
Monetary fund is divided into A, B is what mean?Oh, I remember before is specifically asked coin currency, added a ha, well, not too, because raw material of the coin is not precious metals.
So, the value scale and the circulating medium is the primary function of money, other mea of payment, storage, world currency is derived on the basic functio.
(4) the electronic money has used is simple, safe, fast and reliable characteristic;If the sales peon is the social public, the sale of securities will directly increase the cash held by the public as well as increase bank reserves, in short, the central bank to buy securities as a result of increased the monetary base, also increases the money supply.
John Maynard Keynes, though agait the quantity theory of money, but in the money supply en dogenous and exogenous issues, he is a typical exogenous supply of money.
Monetary policy can be divided into broad and narrow monetary policy of monetary policy, we usually said to be a narrow monetary policy, the central bank to achieve certain economic goals in the field of financial policy and the regulation of economic measures.
Virtual currency rise malicious attacks more frequent COI over the yea has always been criminals as the effective way to avoid physical capital flow, and digital information tramission characteristics can be very good to hide the identity of the criminals, make law enforce.
So more generally, in the investment decision-making, to risk such as yield or the necessary return rate as a measure of the interest rate of the time value of money.
This invisible increase profits.
Capital market and monetary market is two concepts completely, but belongs to the product of the financial market, capital market is more than a year for a long time of various financing market, such as small loa, bank financial products, centered in capital by buying material, such as workshop, equipment and resources, including stock funds, so is similar to money market!Silver in the cases of orthodox yea finally officially open silver banned, allowing people s freedom to buy and sell, to admit that the silver currency status, to the middle and later periods of the Ming dynasty has become China s official currency, silver from silver to become China s social economy and the pillar and foundation of monetary policy.
Too little monetary circulation will lead to deflation, not conducive to the circulation of goods, people s coumption or investment also is suppressed.
Exit the QE to follow the United States, Japan is also in order to stabilize the Japanese currency, narrow the gap with the United States in terms of interest rate and inflation rate, so as to be in Japan s exports in the United States after exit QE.