The article on the big story is very annoying, this is no exception. However, I think there should be at least a small number of people with my own interest, so I wrote my own understanding, the purpose is very simple, just think more about a certain issue with some like-minded Friends conduct some interactive communication, and closed will only know how to know, only communication can improve itself. Friends who are not interested don't have to continue to see, these texts will be irritated. Because I am not a professional, I haven't referred to any book, so I hope that I can publish my own opinion at the end of the end. The correct place is learning, and the wrong place is correct, that is.
1. Currency origin currency begins with exchange, of course, the earliest exchange is just a spontaneous, disorderly and unregistered personal behavior. Over time, people will find that there is a great disadvantage of this irregular exchange. There is no clear measure between each item, and the exchange between the two sides can only determine the value of the goods by both the demand of both sides. Because of the continuous increase in the exchange between various tribes and people, the market urgently needs a commodity that can act as a general equivalent, to serve as a measure of both parties in the sale. Many regions have a sheep as a general equivalent, but this process is not suddenly completed, that is to say that sheep is circulated as a general equivalent in the market is a summary of people in countless inequality. As a demand product, she has its own value, so it can be used to measure all other goods with the value of sheep; then sheep as a kind of cultivated livestock in the primitive society, its value will not have too much undulations, and High degree, this also determines that it is more suitable for general equivalents than other products. Of course, in individual areas, there are examples of easers with cattle or other livestock, but sheep is most common. In this way, in the process of each transaction, the exchange between the two sides as a sheep as a measure of all items, which makes the primitive market to a certain extent, and the emergence of general equivalents, it also puts a large number of large-scale trade exchanges. The foundation. However, with the increasing scale of the transaction, the short-range equidist of sheep begins to appear. The first is that the sheep is large, should not carry, every time the big trading must prepare a large-scale flock, this brings a lot of inconvenience to the transaction; then the quality of the sheep is uneven, and each It is generally representative of the same value, which will cause loss to a part of the transaction. It is largely improved the inequality of the transaction, so the market will appear in the market, and there is a sheep that can replace the sheep, and have a sheep. All advantages, and more advanced goods in all the shortcomings of the sheep are active as a general equivalent. The right time in gold has solved this problem. Gold, and the successful silver and copper, relative to the sheep has an advantage: carrying convenience, relatively more assured, and there is no such thing as feces, hair, etc., completely as an independent item Outside the goods in the market. With the emergence of gold and silver copper, the currency system is really established, which is indispensable as a standardized market.
2. The appearance of banknotes has been modern. As the trade exchanges in all countries have gradually frequent, trade volume has also continuously increased, and early metal currency is inevitable to reveal itself. First, gold and silver and other metals are consumables, although relative to the value, but as the market is constantly circulating, metal will inevitably produce different degrees of wear, so that long-term flowing currency has a short number of small two, Especially for bulk transactions, the difference between the currency after wear is very large, bringing a lot of inconvenience to the transaction; there is a large weight of the metal currency itself, not in the use of large-scale transactions, these make the market need There is a new, more convenient to carry the appearance of currency, so everyone thinks of banknotes. As a currency symbol, it is not too much value, but each banknote represents the amount much greater than the value of the banknote itself, this is the special place of banknotes. In order to ensure the amount of banknotes, the government needs to reserve gold for the corresponding amount, which is the gold reserve. The issuance of banknotes is not random. If the total value of the issuance of banknotes is twice the gold reserves, the amount of banknotes will drop to the original half, that is, only improved its own national gold reserves. More banknotes can be released, which can also reflect the extent of a country from the side. 3. Another name of the expansion of the inflation with the tightening currency is the goods. For a wide circulation of circulation, such as Meiyuan, Sun Round, etc., we call him hard-selling. If a country is free to issue banknotes with regard to its own gold reserves, we call the country that is inflation. Interested inflation is an irresponsible behavior of the government. In 1947, the national defense of the national area is that the government is caused by the governments, and the final consequence is to recycle the government. And the amount of banknotes issued are much larger than the recycled gold prices, causing the banknotes that have been changed to the hand to depreciate, and the government gathers enough to escape after their gold. Of course, a stable government will not do this, and this example is just to explain the relationship between gold and goods. When the total amount of money in a country is less than the gold reserves of the country, we call the country that the country is tightening. Introduction is a concept that is opposed to inflation, its reflection is the decline in price, the more serious the tightening, the slower the flow of funds, resulting in a decline in overall consumption. In 1994, the central bank has rely reduced deposit interest rates for many times, and it is a way to deal with inflexion and stimulating consumption. The above is the interpretation of the most surface layer made by inflation and inflation, in the actual situation, the cause of the expansion and tightening of the generals is as side, but it is easy to understand the fundamental, and the section sections are easily understood, which is also further deeply Playing a foundation.
4. The exchange rate of currency With the continuous frequent trade between trade, the exchange of various currencies has become a new issue in international trade, how to handle the exchange rate between national currency has become a question that first needs to be solved. As in the first place, we have to select a "general equivalent" as a currency in the currencies, and the rest of the currency is in the national currency as a unified standard, designated the national exchange rate. In reality, we choose a unified standard of national currency, whose reason is first in the world's circulation, and even in many countries, it can be used freely, and there is a relatively developed US economy, and the currency value is relatively stable. Even Major events, the currency value will not suffer too serious blow, so choose a meticulous circle as a standard, and choose a relatively stable standard, just like sheep and gold, they should first be relatively protected. Specific to a certain country, there are many reasons for the currency exchange rate of the country, such as the extent of economic development, resource reserve, and some historical issues. These issues are summarized together, and it can probably decide how the currency should have a situation in the world. Due to the relative stability of the Meyuan, the reserve a certain value of the beauty of the food is the same utility, so more and more in modern society replaces a part of the gold reserves, for this phenomenon, we call foreign exchange reserve. In 1994, the central bank has developed the RMB and the $ 0.3% exchange rate policy, that is to say that the exchange rate between the renminbi and the US is basically 1: 8.27 since 94 years, and adjust it accordingly with the floating of the United States. In recent years, with the continuous development of China's economy, the exchange rate between the renminbi and the United States has already been outside the 8.27 level, however, the RMB still maintains such an exchange rate due to the implementation of a hook policy, whereby the following problems. 5. The role of currency exchange rates play in trade differences determines that the factors of the surplus and deficit of the two countries have many factors, and the exchange rate of currency is one of them. We have said that economic development is a factor in determining the exchange rate of a country. When a national currency exchange rate is much lower than another country (especially in the country's economic development to this should receive higher exchange rate), the trade will be trade in two countries. Form a unreasonable cycle. The more the country with low exchange rate is rapid, then this situation is unreasonable. Since China has exported a large amount of relatively low-cost commodities in Europe in recent years, these countries have had a constant huge trade deficit for China, which has also led to recent years of recent years, and we call our imports of China's products. This phenomenon is anti-dumping. Anti-dumping is often reflected in developed countries to reflect the trade deficit caused by large batch of cheap commodities underdeveloped countries, but forbidden goods are not lifelong, just for a while, this is a protection of local markets. Short-term effective approach. In this case, the Western countries have applied pressure on the RMB exchange rate a few years ago. When China has reached a country that should be, it is also possible to undertake more international responsibility, and to demonstrate the bundling policy of the RMB exchange rate. It is a good means to assume international responsibility. The two sides argued that this thing is standing in a perspective of maintaining its own interests, so we are not easy to evaluate who is wrong, the following example may give an indirect answer.
6. The Japanese economic image of the Yen Yen Exchange Rate is an engine that adds horsepower to rotate speed. The low exchange rate left by the second stop, in turn, the Japanese economy has been unprecedentedly developed, dumping to the world's cheap and durable Japanese electrical appliances, Japanese cars, caught in the West countries. In 1985, the Five-Country Finance Minister signed a famous "Square Agreement" in New York, so that the US dollar has an orderly decision to the main currencies to solve the US huge trade deficit. The result of this thing is that in less than 10 years, the annual round exchange rate dropped from 250: 1 to 100: 1, this made a huge amount of Japan, from this, since then, Japan has started a 10-year economic recession. When the Japanese reflect on this matter, it is believed that the plummete of the Meitu is a huge foreign exchange reserve that has accumulated in Japan. Now, China has also accumulated huge foreign exchange reserves. Of course, the exchange rate between the renminbi and the US circle will not be different. The extent to Japan, however, this will affect China, no one is not good. 7. The Outlook of RMB exchange rate is now increasing in the renminbi, the inflation of the country economy, the international political pressure, so that the central bank must make its own reflection accordingly. It is said that there are hundreds of millions of round money to appreciate the renminbi, if the central bank really intends to improve the exchange rate of the RMB, so how to avoid foreign speculative has become a problem. One of the more objective says is that when you don't pay attention to the RMB exchange rate, the more the time is appreciated. It is a problem that such a chance to grasp it. The renminbi has missed the best appreciation time in the year. If you choose to appreciate at that time, it can not only avoid subsequent inflation, but also have a lot of political capital in the international community. It seems that only one will wait for a new time, if the central bank really appreciates, then we must grasp the next chance. This is not worried about too much for the total exports affected after the appreciation. Although the export volume has dropped, the import amount will decline. Especially in such a petroleum price called industrial blood, China's low exchange rate China assumes a higher import price. If it appreciates the renminbi at this time, it can greatly reduce the pressure on oil imports. It is also possible that the central bank has not considering the appreciation at all, everything is just a guess and rumors of the outside world. For China such a developing country, everything is likely to cause serious consequences, so that the fast travel train suddenly derailed. Because of those rumors, there have been many companies and individuals throw out the beauty of their hands, which makes the central bank have further increased the amount of foreign exchange reserves in the central bank. At this time, it is conceivable that the central bank's losses can be considered. Perhaps the central bank will not make the appreciation of the renminbi. At this point, everything guess and may have nothing great, this is a matter of playing. For the entire event, the only benefits of our outsiders are more clearly understood by the currency exchange rate and some of the reasons behind it, and improve their views and understandings for their exchange rates. Of course, this thing is far from the end. As an ordinary citizen, I can do it, only the expectation of the central bank can eventually make a exchange rate policy that is best for China's national conditions, this policy is very important, either soaring, or fall, is time Decisive.
