Wisdom Era
The next thing should be negotiations on currency management following the Trump tariff incident.
Money theory
ETheory of money. Money and goods are opportunity costs, but money is a simplified summary of prices. The monetary rate of interest determines the rate of transfer of, and so has a major influence on the process of wealth creation.
The history of currency interest rates is essentially the history of human economic development, yet it has not received sufficient attention.
Choose a good central banker and a president can easily get good political mileage even if he does nothing.
With the ebb and flow of currency interest rates, people can only be warmed by the sun's blessing inadvertently.
Announcement:
1. The long-term low interest rate of the yen is the fundamental reason that restricts the development of the Japanese economy.
The science of money is placed in the yen interest rate graph before and after 1992, but the Japanese just won't study monetary theory.
Japans assets have been flowing out, and the government is playing hooligan.
2. Chairman Powell is a professional at driving the boss president away, he just won't at economic data. Every financial crisis and economic difficulty are inseparable from the Federal Reserve's misinterpretation of economic data.
The world currency status of the US dollar not about how well the US dollar is managed, but it's just other countries playing tricks.
3. Low interest rates are beneficial to exports, but they also restrict imports Production looks very active, but in fact, it is not profitable, which is harmful to oneself and others.
The essence of consumption is also an investment.
Investment returns affected by low deposit rates.
4.High interest rates? The loan consumption demand affected by high deposit interest rates, the essence of consumption is also investment.
The prices look cheap, but you just can't afford it.
5.Capital outflows imply low interest rates. Capital inflows imply higher interest rates.
The monetary rate is inappropriate, no matter how hard the president works, which will be futile.
Money is a comprehensive substitute for the price of goods.
Economy is a big concept, and it needs to be thought of in terms of concepts at the corresponding level. 1. Money and goods are opportunity costs
2. Although the turnover speed of goods varies greatly, money also has different turnover speeds to correspond to it.
3. Goods have myriad changes, and money can homogen them.