看不懂的sol
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In-depth Analysis! How Good Is China's Economy Actually?
Let me explain to the brothers: how money is generated. As mentioned earlier, there are mainly three ways:
First is 'printing' money, meaning that central banks of various countries physically 'print' currency;
Second is 'borrowing' money, which refers to the 'derivative currency' created by banks lending and leveraging;
Third is 'creating' money, which is the currency generated through quantitative easing policies that 'release water'.
The issuance of currency by the central bank is done through rediscounting, loans, purchasing securities, acquiring gold, foreign exchange, etc., to inject into the market, thus forming the base currency in circulation.
The statistical bureau might be the hardest working department in the past six months. The data for the half-year is out, and it looks like the macro economy and social financing data are quite good, with the market generally reaching a consensus that there will be no stimulus policy in the third quarter.
First is 'printing' money, meaning that central banks of various countries physically 'print' currency;
Second is 'borrowing' money, which refers to the 'derivative currency' created by banks lending and leveraging;
Third is 'creating' money, which is the currency generated through quantitative easing policies that 'release water'.
The issuance of currency by the central bank is done through rediscounting, loans, purchasing securities, acquiring gold, foreign exchange, etc., to inject into the market, thus forming the base currency in circulation.
The statistical bureau might be the hardest working department in the past six months. The data for the half-year is out, and it looks like the macro economy and social financing data are quite good, with the market generally reaching a consensus that there will be no stimulus policy in the third quarter.
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