Core Tip: In order to get rid of the crisis
igxe couponof
2008, the Fed launched a quantitative easing monetary policy, QE, but it is
still filling the holes, in order to stimulate economic growth. All of these
loose fiscal policy and monetary policy, are living beyond.
Author: Gao Guoliang
Mr. Cai Dingchuang, said:
I grew up high will print money to igxe coupon codespend said to be accommodative monetary policy perspective, of
course, he will be the real estate industry also? After a virtual point of
view, as evidenced by this alone two small high do not really have the ability
to understand economic theory.
Because do not say "money puzzle"
is "igxe couponprinting
money spending," this book, you did not understand. "Printing money
to spend," This book is written in more understandable, and small high
neither understand, this is somewhat surprising,
My "printing money spending" is
not loose monetary policy? Fortunately, there can understand the vast majority
of "Indian money to spend," this book, but there are many online
printing money to spend on the interpretation, do not look at me explain it
with what we can compare. Adhere to a misconception rather than listen to
advice, others will not suffer. I will not waste time on this issue
Why is the proportion of China's M2 is much
higher than the U.S.
"Printing money to spend" and the
monetary policy is no relationship, what about loose or tight?
If applied as a policy tool, it is only one
and fiscal policy-related
We say that the U.S. consumer detached EQ3
and print money, and EQ3 is fiscal policy, monetary policy is simply not
Entire EQ1, EQ2, fiscal measures are also
simply not the monetary means
Why would I say "Indian money to
spend," said to be accommodative monetary policy are not economics entry,
the reason for this
Because even what is the fiscal policy,
monetary policy can not tell what is, and this is the basic concept
Tsai said that the U.S. consumer detached
EQ3 and print money, and EQ3 is fiscal policy, monetary policy is simply not.
And I say:
I Will Tsai, QE3 who made the money, not
the Fed do? Is the U.S. Treasury do? We know that there are ways in which
fiscal policy, no income and expenditure in terms of both the financial sector
that is collected by the government and treasury income tax revenues, and
government transfer payments and fiscal expenditure public expenditure. It is
the Government's financial sector Fed do? Fed QE3 is the financial sector
balance it? QE3 how it can be counted as fiscal policy?
Even counted as fiscal policy, we can not
prove what you say printing money spending than economic policy, but economic
laws, right?
And the Fed themselves say that QE, namely
quantitative easing monetary policy, you said what he is fiscal policy?
The Fed will not even engage in what is his
own policy, do not know, right?
Whether we need to find the Fed 'comments,
let him confirm his QE monetary policy or fiscal policy?
In the end who is the QE monetary policy
insist it is fiscal policy?
Who does not understand fiscal policy and
monetary policy difference between them?
Liberal Keynesian fiscal stimulus, we have
experienced two stages.
The first phase of the Second World War to
the 1970s before the collapse of the Bretton Woods system, is based on the U.S.
dollar over the gold exchange standard system to do, for the United States
50-70 years of post-war economic development has played a certain effect, but
also make After the war the United States from the largest creditor nation,
became the largest debtor nation.
The second stage, after the United States
lost the gold reserves, had to abandon the dollar Bretton Woods gold exchange
standard, in Kissinger's guidance, to establish a food-based petroleum credit
currency dollar-based system, that dollar anchor value changed from gold to oil
such necessities of food, based on the U.S. monopoly capital market
manipulation of these two necessities based. From the 1980s, the Reagan era,
the United States continues to loose fiscal policy, in order to constantly improve
the U.S. debt ceiling to stimulate economic development, from the 1980s to
2008, experienced three economic crisis, the U.S. debt ceiling has repeatedly
broken its loose fiscal policy gradually lapse.
To get rid of the crisis of 2008, the Fed
launched a quantitative easing monetary policy QE, but it is still filling the
holes, in order to stimulate economic growth, but due to the irrational
distribution structure, investment and consumption structure is irrational,
Although this quantitative easing three times, but it's hard out of the
economic crisis will only bring global hot money flooding and worsening
inflation.
Because all these loose fiscal policy and
monetary policy, are living beyond, based on the total economic stimulus
policies to save the economic crisis.
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