5 thoughts on “What impact does the US money printing on China 2021”
Jamie
First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease. Furthermore, if the Federal Reserve is unlimited, its monetary policy must be loose, which will force the People's Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities. The cost of imported large imports in my country will increase, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups. At last, the pressure of input inflation will increase, and it will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market. Anyway, if there is a lack of the market, the price will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising. The expansion information: The United States government and the Federal Reserve are separate independent departments. The US President has no right to interfere with the Fed's monetary policy. The Fed is only responsible for Congress. In Federal Reserve's unlimited quantity is not to abuse banknotes. This unlimited refers to the purchase of the bottom when the Federal Reserve and the price of corporate bonds fall in the U.S. Treasury and corporate bonds, preventing the price of government bonds and corporate bonds sharply, causing systemic financial finance Risk is not to say that the Federal Reserve is going to currency to the world. In fact, whether the Federal Reserve has no currency, we can pay attention to three indicators: . From the exchange rate, it can be seen that if the Federal Reserve abuses currency, the US dollar exchange rate will enter the long -term devaluation channel Among them. Because a large number of currencies are issued, the exchange rate will appear immediately. The second is the inflation rate. The core inflation rate in the United States is within 2%. If the inflation rate rises rapidly, it will definitely issue banknotes. third, after a large number of banknotes issued, the Fed's balance sheet will deteriorate.
. The printed money is released through subsidies, infrastructure, loan ...
3. Enterprise profit, personal profit
. Everyone has money, buy and buy.
5. my country's foreign trade profit declines, price increases
6. raw materials price increases
n, the people can't afford to consume ..... Increased consumption ratio
. It is easier to make money. The original salary was 5,000 now
eleven, but the 100 yuan before, it was equivalent to 50
Summary:
① Lao Mei's water release will not have a direct impact on us, it will be a penetration of three or five years. There will be no Federal Reserve to print money, and the mother -in -law also follows the printing machine. But the global economic integration, the water is too big sooner or later.
② How to invest?
a for ordinary people and the money is not much. Choose a fund for fixed investment, build a low position, long -term fixed investment, and the irrigation of the large water to win the water is absolutely okay. Completely fool -type operation, setting the fixed investment is not easy to see, it is normal to fluctuate, and sometimes it is bad to see more in and out.
b for ordinary people and enough down payment to buy real estate; no matter how to analyze the Internet, more than 90%of local governments in my country rely on land finance, and the remaining 10%is that no one wants to sell land. The more developed areas, the more government liabilities. The only way to solve the liabilities is not tax but selling land. But cities below the third -tier line should be cautious and worry about fluctuations. It is better to choose a low -lying area in high -lying cities and large cities. House prices are low -lying areas. If the government has a plan for transportation/education/business, it will usher in a complement of three or five years. Moreover, in the current situation, the possibility of a systematic economic crisis can basically be ruled out. The next period should be a period of economic downturn in 2-3 years.
Is gold, if it is a war or financial crisis gold, it is a hedging place. The problem is that everyone does not believe that there is a financial crisis, so gold is still fluctuating now. It is the most scary to be scratched by a knife on the neck.
c is a good time for stock market masters! 1. There are many US dollars, and the US dollar depreciates;
has depreciated by the dollar, its export price decreases, the export volume increases, the business operating rate is high, the employment rate increases;
The depreciation of the US dollar, the US foreign debt is also equivalent to depreciation, that is to say, US foreign debt is actually alleviated.
MD depreciation of the dollar, the yuan appreciates (not only that, there are other political means forced the RMB appreciation, because the Chinese exchange rate is not determined by supply and demand); The price advantage of the market will be weakened, the export will be affected, the company's lack of construction, the employment rate is reduced, and life will definitely be affected. It is a bit good -the price of imported products is low.
The United States often do this. It is called "squeezing foam" for the economic development of other countries. When the Japanese economy took off, they were squeezed by them and have not yet slowed down. The United States starts the banknote printing machine and printed one trillion dollars of banknotes, which directly leads to the depreciation of the major currency of the world's major currencies in the world. In fact, printing banknotes can be imagined. The state including the people's overall liabilities is more than 100%. There is no way to print money, don't you want the dollar, we can supply unlimited. But for the Chinese, this is equivalent to robbery. Some time ago, our migrant workers were "transformed" for the US dollars for the country's hard -earned dollars. However, if it is purely an economical perspective, this is not necessarily all bad things. Here is an analysis of his consequences: First, Americans print banknotes to buy their own national debt, and the Kuomintang of the Kuomintang in my country was lacking money to print money and printing money. The effect is the same. At that time, when the Kuomintang's banknote was printed, the price was soaring. Buying a bucket of rice needed a lot of money. The money was the most worthless thing. However, the United States and China were different. The printed banknotes are not just flowers in the country, so their prices may not be up for the time being, but global assets, such as non -ferrous metals, grain, crude oil and other commodities and land will increase their prices. 2. Since Americans print banknotes, Europeans and Japanese will naturally not be idle. Their currency is also one of the main reserves of various countries in various countries. Americans can print. Why do they not print? Moreover, their economic situation is not better than the United States, and the markets of various countries lack liquidity. This consequence is that everyone has printed banknotes and global prices have risen together. Third, China is facing this situation, and the release of liquidity has also become an inevitable choice. The reason is simple. If the US dollar, euro, and yen are depreciated, how can the renminbi depreciate? How do so many farmers' brothers and college students get employment? Life will become a big problem. China may not necessarily learn the United States and do not need to print money, but the release of liquidity is easy for China. Increase the positive repurchase of bills or reduce the deposit reserve rate. The result must also rise in domestic asset prices. Take a step back, even if China does not release liquidity, foreign dollars abroad will flow into China due to lack of investment opportunities. In order to maintain the RMB exchange rate, the People's Bank of China needs to issue corresponding basic currency hedging to promote further enhancement of liquidity. Fourth, the world monetary system may change from this. As the saying goes, water can carry boats, can also cover boats, other countries can buy US dollars, of course, they can also sell US dollars. It is also necessary to print banknotes, so the enthusiasm of selling US dollar Treasury bonds in various countries will increase greatly, and merchants will refuse to receive US dollars. Faculty bonds cannot be issued. What should I do if I want to stimulate the economy? The Fed had to continue to purchase U.S. Treasury bonds, so that once a vicious circle formed, the US dollar can only be smashed into the hands of Americans. The US dollar will lose its reputation in the world. The world currency system will change greatly. At that time, although our US Treasury bonds of $ 2 trillion have shrunk sharply, our RMB has risen to the world's main reserves and circulation currencies. Maybe it is not necessarily a bad thing.
If the Fed is really abusing currency, what will happen to the Chinese people? First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease. Furthermore, if the Federal Reserve is unlimited, its monetary policy must be loose, which will force the People's Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities. The cost of large imports of imports in my country has risen, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups. At last, the pressure of input inflation will increase, and it will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market. Anyway, what is missing in the market will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising.
has been restrained in recent years, the Fed's issuance of banknotes has been relatively restrained, so domestic prices in the United States are stable, and the US dollar exchange rate is still high. The infinite amount of the Federal Reserve is not blindly issuing banknotes, but when U.S. Treasury and corporate bonds fall, the Federal Reserve is purchased to prevent it from falling. Under normal circumstances, the Fed will not abuse currencies, which will affect their reputation, and there is no way to play. If the Federal Reserve has printed banknotes, it will bring adverse consequences such as rising inflation, increasing unemployment, and asset bubbles in the country
First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease.
In more, if the Federal Reserve is infinitely printed with US dollars, its monetary policy must be loose, which will force the Central Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities.
The cost of imported large imports in my country will increase, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups.
. Finally, the pressure of input inflation will increase, which will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market.
Anyway, if there is no shortage of the market, the price will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising.
The expansion information:
The US government and the Federal Reserve are separate independent departments. The US President has no right to interfere with the Fed's monetary policy. The Fed is only responsible for Congress.
The infinite amount of the Federal Reserve is not to discount banknotes. This infinite refers to the purchase of the bottom when the Federal Reserve declines when the US Treasury and corporate bond prices are falling to prevent the price of government bonds and corporate bonds sharply declined. Causeing systemic financial risks is not to say that the Fed will issue currency to the world.
In fact, whether the Federal Reserve has no currency, we can pay attention to three indicators:
, it can be seen from the exchange rate that if the Federal Reserve has issued currency, The US dollar exchange rate will enter the long -term depreciation channel. Because a large number of currencies are issued, the exchange rate will appear immediately.
The second is the inflation rate. The core inflation rate in the United States is within 2%. If the inflation rate rises rapidly, it will definitely issue banknotes.
Third, after a large number of banknotes issued, the Fed's balance sheet will deteriorate.
In the early morning of the 14th, Beijing time, the Fed launched the third round of quantitative easing (QE3): injected $ 40 billion into the US economy every month until the weak employment market continued to improve. In addition, the Fed also promised to further extend the ultra -low interest rate to 2015. Affected by this, international oil prices rose on the 13th. This means that the United States wants to start a banknote printing machine and inject liquidity into the market. The way of saving the economy through a large number of banknote printing has aroused widespread attention from domestic economists. Many scholars believe that from the perspective of quantitative easing in the first two rounds, the injection of liquidity and depreciation of the US dollar will lead to rising global energy and commodity prices, and finally passed to China's CPI. China ’s inflation pressure, especially the increase in rising house prices, increased pressure. Essence After the new round of quantitative easing policy in the United States is launched, it will have a conductive impact on China's economy and market prices. The price of Chinese prices It people say that the currency is not rising, the money is too difficult, the money is too much, the physical amount has not changed, and how the corresponding relationship changes clearly. Yesterday, after the Fed announced the launch of the third round of quantitative easing, netizens issued a judgment on the future trend of China's house prices. Many netizens worried that domestic prices and house prices would really rise again. In the face of QE3, China does not print money, which is tantamount to being ransacked by the United States; a money printing in China, inflation and house prices are about to get up. The United States forced China into dead Hu Tong. The currency flooding is not too difficult, the money is too much, the amount of physical property has not changed, and how the corresponding relationship changes clearly. , for most people's expectations for rising domestic prices and house prices, global liquidity increases, and the Chinese economy is also in a critical period of steady growth, and the relaxation of monetary policy will continue. However, Chinese policies attach importance to CPI and house prices, so they dare not relax monetary policy on a large scale. In addition, loose liquidity will be indirectly transmitted to the Chinese property market. However, for the supplies of the developer's capital chain, it is only a small impact, and it can even be ignored. CPI will rebound. It's quantitative easing in the first two rounds, the injection of liquidity and depreciation of the US dollar will cause global energy and commodity prices to rise. The rise in global energy and commodity prices will pass through China's import price index and industrial product export price index (PPI). The input inflation pressure, the current changes in the supply and demand relationship of the domestic pork market, and the rebound of domestic currency credit incremental gains, it is expected to lead to the year -on -year growth rate of China's CPI. Bounce. Once the inflation rebounds, the central bank's further interest cutting interest will be left.
First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease.
Furthermore, if the Federal Reserve is unlimited, its monetary policy must be loose, which will force the People's Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities.
The cost of imported large imports in my country will increase, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups.
At last, the pressure of input inflation will increase, and it will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market.
Anyway, if there is a lack of the market, the price will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising.
The expansion information:
The United States government and the Federal Reserve are separate independent departments. The US President has no right to interfere with the Fed's monetary policy. The Fed is only responsible for Congress.
In Federal Reserve's unlimited quantity is not to abuse banknotes. This unlimited refers to the purchase of the bottom when the Federal Reserve and the price of corporate bonds fall in the U.S. Treasury and corporate bonds, preventing the price of government bonds and corporate bonds sharply, causing systemic financial finance Risk is not to say that the Federal Reserve is going to currency to the world.
In fact, whether the Federal Reserve has no currency, we can pay attention to three indicators:
. From the exchange rate, it can be seen that if the Federal Reserve abuses currency, the US dollar exchange rate will enter the long -term devaluation channel Among them. Because a large number of currencies are issued, the exchange rate will appear immediately.
The second is the inflation rate. The core inflation rate in the United States is within 2%. If the inflation rate rises rapidly, it will definitely issue banknotes.
third, after a large number of banknotes issued, the Fed's balance sheet will deteriorate.
I. Laomei Money
. The printed money is released through subsidies, infrastructure, loan ...
3. Enterprise profit, personal profit
. Everyone has money, buy and buy.
5. my country's foreign trade profit declines, price increases
6. raw materials price increases
n, the people can't afford to consume ..... Increased consumption ratio
. It is easier to make money. The original salary was 5,000 now
eleven, but the 100 yuan before, it was equivalent to 50
Summary:
① Lao Mei's water release will not have a direct impact on us, it will be a penetration of three or five years. There will be no Federal Reserve to print money, and the mother -in -law also follows the printing machine. But the global economic integration, the water is too big sooner or later.
② How to invest?
a for ordinary people and the money is not much. Choose a fund for fixed investment, build a low position, long -term fixed investment, and the irrigation of the large water to win the water is absolutely okay. Completely fool -type operation, setting the fixed investment is not easy to see, it is normal to fluctuate, and sometimes it is bad to see more in and out.
b for ordinary people and enough down payment to buy real estate; no matter how to analyze the Internet, more than 90%of local governments in my country rely on land finance, and the remaining 10%is that no one wants to sell land. The more developed areas, the more government liabilities. The only way to solve the liabilities is not tax but selling land. But cities below the third -tier line should be cautious and worry about fluctuations. It is better to choose a low -lying area in high -lying cities and large cities. House prices are low -lying areas. If the government has a plan for transportation/education/business, it will usher in a complement of three or five years. Moreover, in the current situation, the possibility of a systematic economic crisis can basically be ruled out. The next period should be a period of economic downturn in 2-3 years.
Is gold, if it is a war or financial crisis gold, it is a hedging place. The problem is that everyone does not believe that there is a financial crisis, so gold is still fluctuating now. It is the most scary to be scratched by a knife on the neck.
c is a good time for stock market masters!
1. There are many US dollars, and the US dollar depreciates;
has depreciated by the dollar, its export price decreases, the export volume increases, the business operating rate is high, the employment rate increases;
The depreciation of the US dollar, the US foreign debt is also equivalent to depreciation, that is to say, US foreign debt is actually alleviated.
MD depreciation of the dollar, the yuan appreciates (not only that, there are other political means forced the RMB appreciation, because the Chinese exchange rate is not determined by supply and demand); The price advantage of the market will be weakened, the export will be affected, the company's lack of construction, the employment rate is reduced, and life will definitely be affected. It is a bit good -the price of imported products is low.
The United States often do this. It is called "squeezing foam" for the economic development of other countries. When the Japanese economy took off, they were squeezed by them and have not yet slowed down. The United States starts the banknote printing machine and printed one trillion dollars of banknotes, which directly leads to the depreciation of the major currency of the world's major currencies in the world. In fact, printing banknotes can be imagined. The state including the people's overall liabilities is more than 100%. There is no way to print money, don't you want the dollar, we can supply unlimited. But for the Chinese, this is equivalent to robbery. Some time ago, our migrant workers were "transformed" for the US dollars for the country's hard -earned dollars. However, if it is purely an economical perspective, this is not necessarily all bad things. Here is an analysis of his consequences: First, Americans print banknotes to buy their own national debt, and the Kuomintang of the Kuomintang in my country was lacking money to print money and printing money. The effect is the same. At that time, when the Kuomintang's banknote was printed, the price was soaring. Buying a bucket of rice needed a lot of money. The money was the most worthless thing. However, the United States and China were different. The printed banknotes are not just flowers in the country, so their prices may not be up for the time being, but global assets, such as non -ferrous metals, grain, crude oil and other commodities and land will increase their prices. 2. Since Americans print banknotes, Europeans and Japanese will naturally not be idle. Their currency is also one of the main reserves of various countries in various countries. Americans can print. Why do they not print? Moreover, their economic situation is not better than the United States, and the markets of various countries lack liquidity. This consequence is that everyone has printed banknotes and global prices have risen together. Third, China is facing this situation, and the release of liquidity has also become an inevitable choice. The reason is simple. If the US dollar, euro, and yen are depreciated, how can the renminbi depreciate? How do so many farmers' brothers and college students get employment? Life will become a big problem. China may not necessarily learn the United States and do not need to print money, but the release of liquidity is easy for China. Increase the positive repurchase of bills or reduce the deposit reserve rate. The result must also rise in domestic asset prices. Take a step back, even if China does not release liquidity, foreign dollars abroad will flow into China due to lack of investment opportunities. In order to maintain the RMB exchange rate, the People's Bank of China needs to issue corresponding basic currency hedging to promote further enhancement of liquidity. Fourth, the world monetary system may change from this. As the saying goes, water can carry boats, can also cover boats, other countries can buy US dollars, of course, they can also sell US dollars. It is also necessary to print banknotes, so the enthusiasm of selling US dollar Treasury bonds in various countries will increase greatly, and merchants will refuse to receive US dollars. Faculty bonds cannot be issued. What should I do if I want to stimulate the economy? The Fed had to continue to purchase U.S. Treasury bonds, so that once a vicious circle formed, the US dollar can only be smashed into the hands of Americans. The US dollar will lose its reputation in the world. The world currency system will change greatly. At that time, although our US Treasury bonds of $ 2 trillion have shrunk sharply, our RMB has risen to the world's main reserves and circulation currencies. Maybe it is not necessarily a bad thing.
If the Fed is really abusing currency, what will happen to the Chinese people? First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease.
Furthermore, if the Federal Reserve is unlimited, its monetary policy must be loose, which will force the People's Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities. The cost of large imports of imports in my country has risen, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups.
At last, the pressure of input inflation will increase, and it will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market. Anyway, what is missing in the market will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising.
has been restrained in recent years, the Fed's issuance of banknotes has been relatively restrained, so domestic prices in the United States are stable, and the US dollar exchange rate is still high. The infinite amount of the Federal Reserve is not blindly issuing banknotes, but when U.S. Treasury and corporate bonds fall, the Federal Reserve is purchased to prevent it from falling. Under normal circumstances, the Fed will not abuse currencies, which will affect their reputation, and there is no way to play. If the Federal Reserve has printed banknotes, it will bring adverse consequences such as rising inflation, increasing unemployment, and asset bubbles in the country
First of all, if the Federal Reserve is abusing currency, it should be the depreciation of the dollar and the appreciation of the RMB. And the appreciation of the renminbi, the US dollar has continued to depreciate, and it is not good for China's foreign trade exports, but it can increase the competitiveness of exports of American commodities. At that time, the trade surplus between China and the United States will narrow, which means that many domestic small and medium -sized export companies will face a crisis of survival crisis in China. The domestic unemployment rate will rise, and national income will decrease.
In more, if the Federal Reserve is infinitely printed with US dollars, its monetary policy must be loose, which will force the Central Bank of China to follow the currency loose. In addition, the depreciation of the US dollar will bring about the price increase of international commodities.
The cost of imported large imports in my country will increase, which will lead to input inflation into China. It is precisely because of these two factors that domestic inflation will rise. For domestic people, input inflation will bring a decline in purchasing power, which is the most direct impact on low -income groups.
. Finally, the pressure of input inflation will increase, which will also bring asset bubbles. That is, if the Fed is abolished by currency, it will definitely lead to rising house prices in RMB. Then, the liquidity of domestic currency is either flowing to the stock market or flowing to the commodity market.
Anyway, if there is no shortage of the market, the price will rise irrationally. In the past few years, we spewed money to stir -fry garlic, ginger and other agricultural products, as well as the Moutai wine series. Last year and this year, the prices of some domestic commodities were rising.
The expansion information:
The US government and the Federal Reserve are separate independent departments. The US President has no right to interfere with the Fed's monetary policy. The Fed is only responsible for Congress.
The infinite amount of the Federal Reserve is not to discount banknotes. This infinite refers to the purchase of the bottom when the Federal Reserve declines when the US Treasury and corporate bond prices are falling to prevent the price of government bonds and corporate bonds sharply declined. Causeing systemic financial risks is not to say that the Fed will issue currency to the world.
In fact, whether the Federal Reserve has no currency, we can pay attention to three indicators:
, it can be seen from the exchange rate that if the Federal Reserve has issued currency, The US dollar exchange rate will enter the long -term depreciation channel. Because a large number of currencies are issued, the exchange rate will appear immediately.
The second is the inflation rate. The core inflation rate in the United States is within 2%. If the inflation rate rises rapidly, it will definitely issue banknotes.
Third, after a large number of banknotes issued, the Fed's balance sheet will deteriorate.
In the early morning of the 14th, Beijing time, the Fed launched the third round of quantitative easing (QE3): injected $ 40 billion into the US economy every month until the weak employment market continued to improve. In addition, the Fed also promised to further extend the ultra -low interest rate to 2015. Affected by this, international oil prices rose on the 13th. This means that the United States wants to start a banknote printing machine and inject liquidity into the market.
The way of saving the economy through a large number of banknote printing has aroused widespread attention from domestic economists. Many scholars believe that from the perspective of quantitative easing in the first two rounds, the injection of liquidity and depreciation of the US dollar will lead to rising global energy and commodity prices, and finally passed to China's CPI. China ’s inflation pressure, especially the increase in rising house prices, increased pressure. Essence After the new round of quantitative easing policy in the United States is launched, it will have a conductive impact on China's economy and market prices.
The price of Chinese prices
It people say that the currency is not rising, the money is too difficult, the money is too much, the physical amount has not changed, and how the corresponding relationship changes clearly. Yesterday, after the Fed announced the launch of the third round of quantitative easing, netizens issued a judgment on the future trend of China's house prices. Many netizens worried that domestic prices and house prices would really rise again.
In the face of QE3, China does not print money, which is tantamount to being ransacked by the United States; a money printing in China, inflation and house prices are about to get up. The United States forced China into dead Hu Tong. The currency flooding is not too difficult, the money is too much, the amount of physical property has not changed, and how the corresponding relationship changes clearly.
, for most people's expectations for rising domestic prices and house prices, global liquidity increases, and the Chinese economy is also in a critical period of steady growth, and the relaxation of monetary policy will continue. However, Chinese policies attach importance to CPI and house prices, so they dare not relax monetary policy on a large scale. In addition, loose liquidity will be indirectly transmitted to the Chinese property market. However, for the supplies of the developer's capital chain, it is only a small impact, and it can even be ignored.
CPI will rebound.
It's quantitative easing in the first two rounds, the injection of liquidity and depreciation of the US dollar will cause global energy and commodity prices to rise. The rise in global energy and commodity prices will pass through China's import price index and industrial product export price index (PPI).
The input inflation pressure, the current changes in the supply and demand relationship of the domestic pork market, and the rebound of domestic currency credit incremental gains, it is expected to lead to the year -on -year growth rate of China's CPI. Bounce. Once the inflation rebounds, the central bank's further interest cutting interest will be left.