The relationship between national debt and currency. When it comes to "currency war", the relationship between national debt and currency means that in a benign market, currency cannot be issued at will, and national debt should be issued on demand.
Let's talk about national debt first: national debt, also known as national debt, is a creditor-debtor relationship formed by the state on the basis of its credit and in accordance with the general principles of debt. National debt is a bond issued by the state, a bond issued by the central government to raise financial funds, and a debt certificate issued by the central government to investors, promising to pay interest and repay the principal within a certain period of time.
Let's talk about money There are many definitions of money. Here refers to the certificate that can circulate freely in the market according to credit.
So in essence, national debt and currency are worthless. "Adding money means increasing the national debt, and paying off the national debt means eliminating the national currency." This sentence means that because of the national debt, money can circulate freely without resistance. If you hold national debt, * * * will definitely pay it back, because * * * has taxes and assets. After paying off the national debt, the currency cannot be priced, and there is no way to measure the value of the currency. It is believed that the current currency has been divorced from the gold standard, and the currency is only implemented under the condition of credit, which is measured by the state.
The relationship between goods and money Money represents value, and goods refer to labor products used for exchange.
Only when labor producers produce qualified use value can they gain value.
Value is a material commitment to use value.
Value can only be expressed by value.
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What is the relationship between gold and money? Hehehe, aren't you an amateur? Gold investment is fundamental. The country has no gold banknotes, and now gold has no ounces, which is about to break thousands. Tonight is very important. Because the United States has earned more war money, gold can be linked to the dollar. The United States has gold and can open a printing machine. Of course, the depreciation of the dollar is negatively correlated, but this phenomenon was not the case some time ago. Now the dollar is also a safe haven currency.
Actually, that's what it feels like to say complex and simple. I am the customer service sales department of Lion King Gold of Shanghai Gold Exchange. I want to speculate in gold foreign exchange. Welcome to communicate.
On the Relationship between Credit and Money; Credit money is a credit tool which is based on credit activities and can play a monetary role. The main forms of credit currency are commercial paper, bank notes and deposit currency. Commercial paper is produced on the basis of extensive development of commercial credit. It is a kind of written creditor's right certificate held by the creditor who provides commercial credit to ensure his creditor's right to debt, which is mainly divided into promissory note and draft. Commercial paper can be transferred by "endorsement", so it can play the role of currency circulation means and payment means, and is a kind of bank paper. It is a credit tool, which can be circulated and paid with bank credit as a guarantee, so it is also a currency. Deposit currency refers to bank deposits that can play a monetary role, mainly refers to demand deposits that can be transferred and settled by issuing checks.
As an economic category, credit is a one-way value movement on the condition of repayment and interest payment. Its essence should be understood from the following aspects:
First, credit is not a general lending behavior, but is conditional on repayment and interest payment.
Second, credit is a special form of value movement. There are many forms of value movement, and credit is realized through a series of borrowing-repayment-payment processes. The one-way transfer of value is in sharp contrast with the traditional reciprocal transfer.
Third, credit is the relationship between creditor's rights and debts. Lenders are creditors, borrowers are debtors, and credit relationship is the unity of creditor's rights and debts.
Fourth, credit is an economic category closely related to commodity monetary economy. The credit of different societies reflects the economic relations of different societies.
To sum up, we can be sure that in history, money has been the main driving force of credit development. In other words, credit is based on the historical currency circulation.
The relationship between gold and money and its influence on money. And the relationship between gold and exchange rate and its influence. Since 1974, all countries in the world have separated gold from legal tender, because the output of gold can't keep up with the monetary demand brought about by the rapid economic development; Before that, the dollar was linked to gold and then converted into other currencies.
Like China, when 1949 was founded, there was no gold at all; They didn't want to buy the debts of western countries, so they adopted a policy of non-contact. Later, when the policy was opened, they started economic exchanges.
Because today's currency is legal tender, that is, credit currency, only good credit will perform well. As long as there is a credit problem (currency devaluation, exchange rate decline, simply to increase the output of printing machines), everyone will abandon it and turn to other ones.
Gold cannot be manufactured by human beings, its output is fixed, and it has been used as currency for thousands of years in history, so it has the significance of natural currency. Therefore, when the world's major legal tender has credit problems, most people will choose to buy gold to avoid risks (because gold can't be printed with a printing machine).
Briefly describe the relationship between electronic money and credit money. Electronic money and credit money are not contradictory, but interdependent.
Credit currency is generally called sovereign currency, which is endorsed by national credit. Electronic money can be the digitization of sovereign money, and there is no difference in fact. Of course, there are also some currencies that have no credit endorsement, such as Bitcoin, Swiss Thai Dollar, Vibrant Coin and Litecoin, which rely on a trust relationship between people.
The relationship between ancient economy and currency is the product of commercial development, and its evolution reflects the level of commercial development, adapts to the development of commodity economy and develops in a portable direction. Its evolution and development are related to the political environment. Political stability and national unity lead to monetary unity. Political turmoil and national division will lead to currency chaos.
1, Warring States:
Each vassal state has its own coins, such as Qi's knife coins, Zhao's shovel coins, Chu's ant nose coins, and Qin's half Liang. This is the performance of the commercial prosperity of the vassal States, but the currency disunity hinders the economic and cultural exchanges between the vassal States.
2. Qin:
It is stipulated that the round square hole money is used as the national currency, and later generations will follow the example of Qin money.
3. Han dynasty:
In the Han dynasty, gold coins and copper coins were the main currencies. The weight of copper coins in the Han dynasty changed several times, and it was not until Emperor Wu of the Han Dynasty cast five baht that it stabilized.
Wang Mang issued a large amount of money to plunder wealth.
4. Three countries:
At that time, money was reduced, and cloth and grain became the main means of circulation. Cao Wei once abolished copper coins in the form of decrees and used physical transactions, and will abolish them in the future.
5. sui:
Five baht coins are still minted, and it is forbidden to use old coins with different sizes from the previous generation, which is conducive to the development of trade.
6. Don:
In the early Tang Dynasty, when the currency system was reformed, Tang Gaozu ordered "abolishing five baht and using Kaiyuan Bao Tong instead". The newly minted "Kaiyuan Bao Tong" became the common currency of the Tang Dynasty, and later it was widely circulated. After the Tang Dynasty, the currencies of all previous dynasties were normalized by it.
7. Northern Song Dynasty:
A large number of metal coins are popular, mainly copper coins, as well as iron coins and silver.
The world's earliest paper money "jiaozi" appeared in Sichuan. The development from metal currency to paper money is the inevitable result of social and economic development. The popularity of paper money reduces the burden of merchants carrying metal money, which is conducive to commodity exchange and reflects the high development of commerce.
8. Ming:
The main currency is paper money, and the auxiliary currency is copper. People are forbidden to trade in gold and silver. By the middle and late Ming Dynasty, silver had become the main currency in general circulation, which was characterized by its large value, adapting to bulk and long-distance trade, and was a manifestation of the development of commodity economy in the middle and late Ming Dynasty.
The relationship between national debt and currency. National debt is better than currency. The best way to lack money is to issue treasury bonds for financing. As for issuing currency, it will only make the market worse, and it is the chief culprit of inflation.
The relationship between interest rate and currency The Federal Reserve raised interest rates and tightened monetary policy, which led to an increase in the cost of commercial borrowing, a natural decline in the stock market and a decline in the prices of stock and bond assets.
But at the same time, the performance of the dollar will be the opposite, because after raising interest rates, the bond price will fall, and its yield will naturally rise. Hot money will flood into the United States, increasing the demand for dollars, and the dollar will appreciate.