Was there inflation in our country in ancient times and what was the impact?

Updated on Financial 2024-04-21
13 answers
  1. Anonymous users2024-02-08

    There was also inflation in the Yuan Dynasty, which stemmed from the large amount of paper money issued by the rulers.

  2. Anonymous users2024-02-07

    There should be none, inflation will only occur after the appearance of paper money, and there will be no inflation during the period of metal money, which is what Marx said.

  3. Anonymous users2024-02-06

    Inflation in China was a common occurrence in ancient times, and once a war broke out, the inflation phenomenon was very serious. The currency of the previous monarch will soon become unusable.

  4. Anonymous users2024-02-05

    The worst inflation in history should be once in recent history, and then it's better not to happen like this anyway, after all, the people are not happy.

  5. Anonymous users2024-02-04

    I think there was no inflation in ancient times, because in ancient times money was controlled by the state, and it was impossible to be inflationary.

  6. Anonymous users2024-02-03

    It should be in modern times, when the first department was chaotic, social life was also very messy, and many rules and regulations were not formulated.

  7. Anonymous users2024-02-02

    It's not very clear, but inflation probably happens in times of war or natural disasters.

  8. Anonymous users2024-02-01

    1949-1950, the end of the pre-liberation hyperinflation;

    From 1959 to 1961, during the three-year difficult period, a large number of male laborers died unnaturally, resulting in **shortages and prices**;

    In 1985, the price reform was large-scale, and the prices that had been suppressed for many years exploded like a volcano; From 1994 to 1996, after entering the market economy, a new round of investment fever triggered inflation.

    From 1997 to 2002, China experienced five years of deflation.

    07 Inflation to date.

    The current increase in prices** inflationary pressures is due to a number of reasons.

    1. Imbalance between supply and demand For example, in the food industry, this is demand-driven inflation.

    2. Cost pull, such as iron ore and other international **rises, and the domestic industry is the best.

    3. Domestic investment is overheated, and a large amount of liquidity flows to the property market** Excess liquidity has led to increased inflationary pressure.

    4. The long-term existence of a huge surplus in the international ** international balance is serious and the RMB is too much.

    5. The expectation of RMB appreciation has caused a large amount of international capital to flow into China.

    Therefore, the management of prices should be carried out at the same time.

    1. Accelerate the adjustment of industrial structure.

    Vigorously develop agriculture, especially intensive agriculture, and increase the output of agricultural products.

    We should resolutely implement energy conservation and emission reduction, restrict the development of the "two high" industries, and encourage the development of new energy and new technologies to reduce dependence on foreign energy resources.

    Promote the healthy and stable development of the property market and prevent economic bubbles.

    2. Strengthen credit management and control liquidity.

    Contractionary monetary policy is being implemented, raising the reserve requirement ratio, interest, issuing central bills, etc.

    Optimize the credit structure and give preference to small and medium-sized enterprises and enterprises in emerging industries to absorb the relative excess liquidity.

    3. Improve the international imbalance through fiscal means such as taxation and exchange rate means, such as reducing the export tax rebate rate and appreciating the renminbi, changing the situation of huge surpluses, reducing the share of foreign exchange, and improving the situation of excess liquidity.

  9. Anonymous users2024-01-31

    Definition: BAI

    Inflation, the basic concept of inflation, generally refers to: under the circulation of paper money, because the supply of currency is greater than that of currency.

    Real demand, which leads to the depreciation of the currency, leads to a sustained and widespread phenomenon of prices for a period of time. The essence of this is that the aggregate demand of society is greater than the aggregate supply of society.

    When the currency circulating in the market decreases, the people's monetary income decreases, and the purchasing power decreases, which affects the price of goods and causes deflation. Prolonged monetary tightening will dampen investment and production, leading to higher unemployment and a recession.

    Different schools of thought have different theories about the causes of inflation.

    Event: The currency problem is a common and almost frequent occurrence in economic development, and it is typical of the stagflation problem in the United States. The constant change in the 08-09 interest rate in our country is a reaction to the currency problem.

  10. Anonymous users2024-01-30

    Inflation bai rate, famously is.

    During the period of the unification of the country, in 1940, the approximate growth was that the face value of one million yuan was only equivalent to a hundred yuan a few months or a year ago.

    In the case of deflation, it is counted from the beginning when gold and silver began to become equivalent exchanges, and it is counted throughout ancient times, because it is artificially mined, and the output is low, resulting in insufficient currency.

  11. Anonymous users2024-01-29

    In ancient times, there was no inflation. Because the economic development in ancient times was not particularly good. Power is in the hands of the state.

  12. Anonymous users2024-01-28

    In the process of issuing copper coins in ancient China, there were many inconsistencies between the nominal value and the actual value, which caused currency depreciation, price and social instability.

  13. Anonymous users2024-01-27

    In ancient times, there was also inflation, which led to the depreciation of the currency at that time, the rise of prices, and the widening gap between the rich and the poor.

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