Central bank put the base currency loa to commercial Banks, commercial Banks to lend money to companies, business to put the money used to exaggerate, hire worke, etc.
, so money will flow to the society.
After the 2008 financial crisis, for example, countries are loose monetary policy, several rounds of QE, the fed will both short-term and long-term interest rates have fallen to near zero, reduce the cost of capital used to spend a lot of money market, capital alive, stimulate coumption, economy, promote economic recovery.
Cotant currency because in a growing economy, like China s GDP is growing at 8% a year, if we do not issue the new currency, prices will fall, because the circulation of commodities, bill did not increase.
Money can be as simple as for economic growth to stabilize prices, price stability is an important indicator of internal equilibrium.
Welcome in the comments below!Six is the issuance of RMB, manage its circulation.
How pass the People s Bank of China net digital currency DCEP already in the beta testing?But from a long time and the trend of the society as a whole, the prices still matches its value.
Conclusion: the application of the digital currency is inevitable trend in the development of times, but not currency of currency!Benefit is easy to carry, easy to pay, don t have to worry about go to the ATM machine to withdraw money was robbed.
How much money immediately electric converter?Launched in 2014, the study of digital currency, central bank digital currency research ititute, established in 2016, 2017, the central bank announced in a five-year plan to promote the development of chain blocks, in August 2019 MuChangChun openly DCEP already be vividly portrayed, DCEP September start the closed-loop test, basically completed in December the top-level design, standards, functional development, alignment test, etc.
What currency do they use common currency in Indonesia, Indonesia?Main business includes: (1) supervision and coordination.
John Maynard Keynes hayek, hayek is the representative figure of the Austrian.
Travel, in addition to the imperial palace, yehliu, and private playground don t tickets, alishan, Sun Moon Lake, all of the temples, parks, natural attractio all free, of coue, does not include the cable car, the boat ship and so on.