The standard of China s currency issuance is not suitable for the industry standard of circulating R

1. China's RMB adheres to the principle of economic issuance. ** Banks issue money through bank credit channels according to the development of the national economy and the actual needs of commodity circulation.

2. Of course, it is not casual, but the scale is controllable.

3. The gold standard can be said to have ended in World War I, and now the world is basically issuing credit money. Credit money is based on the credit of the country, is not prepared and is not tied to anything.

4. With the development of the economy, especially the rapid development of China for more than 30 years, it is inevitable that there will be inflation due to the increase in prices. Moreover, now that the world economy is in a recession, China is implementing a prudent monetary policy (basically a loose monetary policy), which is also pushing up prices to a certain extent.

5. However, now the social welfare is much better than before, pension and medical care, etc. The most important thing is to learn to make more money, and if you have more money, you won't feel that the value of money is depreciating greatly.

I hope it will be helpful to you, and in addition, you can read more books on finance when you have time.

1. The banknote face is missing an area of 20 square millimeters.

The above hunger and faith are chaotic. 2. There are more than 2 cracks on the face of the banknote, and the length of each is more than 5 mm; 1 tear, more than 10 mm in length. 3. The face of the banknote has one of the circumstances such as soft paper, obvious wrinkles, decolorization, discoloration, and deformation, and cannot maintain its anti-counterfeiting function.

4. The surface of the banknote is stained or the handwriting area exceeds 2 square centimeters; no more than 2 square centimeters, but one of the anti-counterfeiting features is obscured. 5. The coin has one of the circumstances of perforation, tearing, deformation, wear, oxidation, blurring of words, denomination numbers, and patterns.

There is a paste on the face of the ticket, and the area of the paste is greater than 100 square millimeters", etc., which are not suitable for circulation, and in addition, "there is a tear on the face of the ticket, and the degree of tear is greater than 1 cm" is also a banknote that is not suitable for circulation. 1. There is a graffiti on the face of the ticket, and the area of the graffiti is more than 200 square millimeters; 2. There are multiple scribbles on the face of the ticket, and the cumulative scribbling area is greater than 100 square millimeters; 3. Although the scribbled area on the face of the ticket does not exceed the specified marking, it covers one of the important anti-counterfeiting features and affects the anti-counterfeiting function. For example, "there are more than 4 wrinkles on the face of the ticket, the folds are obvious and cannot be restored to the original shape, the cumulative wrinkle length is greater than 20mm, or the length of a single wrinkle on the face of the ticket is greater than 10mm", "the face of the ticket has obvious creases through the banknote, and the creases are open and void and the paper becomes soft and fluffy".

Extended information: General steps to distinguish the authenticity of the renminbi: one look, two touches, three listens, and four tests.

One look: Look at the watermark: the fifth set of RMB.

The fixed watermark of each coupon banknote is located in the blank space on the left side of the front face of each coupon banknote, and the watermark with a strong three-dimensional sense can be seen when viewed into the light. Look at the security line: the fifth set of RMB banknotes is on the left side of the front of each coupon face.

There is a safety line.

Second touch: touch the portrait and Braille.

Point, People's Bank of China.

Whether there is a sense of concave and convex in the name of the line, etc.

Three listening: that is, by shaking the banknote to make a sound, according to the sound to distinguish the authenticity of the RMB. The paper of RMB has the characteristics of crispness, resistance to folding, and not easy to tear.

Shake the banknote vigorously, flick your fingers, or pull gently and symmetrically with both hands, and you can hear a crisp and loud sound.

Four tests: that is, with the help of some simple tools and special instruments to distinguish the authenticity of the RMB. For example, with the help of a magnifying glass.

You can observe the clarity of the lines on the ticket, glue, gravure microtext, etc.; By irradiating the face of the bill with ultraviolet light, the fluorescent reflection of the banknote paper and ink can be observed; The magnetic detector can be used to detect the magnetism of black horizontal numbers.

The only way for money to enter the market is to borrow, and money is debt. For example, if the state wants to issue 1 billion currency, it will write 1 billion yuan on a piece of paper, and then stamp a very official seal, which is called treasury bills, and then send it to the central bank; The central bank then prints a batch of its own paper, called xx bills, and the central bank then uses this bill to buy treasury bonds, so that it can get the 1 billion xx bills, and then deposit it in the bank, and then through deposits, these bills become the currency of legal debt repayment. Bonds are debts, and once someone buys this with money (a signed slip anyway), then the money is generated.

And what about the value of this new currency, who gave the value of the new currency? It is by stealing the value of the currency issued before, which is the so-called currency devaluation, and since the reform and opening up 30 years ago, the renminbi has depreciated more than 100 times according to the variable price ratio. Every bill in our wallets is generated from debt, owed by someone to someone.

Money can only come from the bank, and every banknote to the bank carries interest, but where does the currency that represents this interest come from? No, he simply doesn't exist! The amount of money returned to the banks always exceeds the amount of money in circulation, which is why inflationary currency depreciation is inevitable (the capitalist system is self-subverting), because there is always a need to issue new money to supplement the chronic inherent shortage of money in the entire monetary system due to interest repayment.

And money can be generated out of nothing by borrowing, for example, the general state stipulates that banks have reserve ratios, which is to prevent runs or something, and others can be loaned out, such as 10%.The above people stamped a few pieces of paper and sent them over to generate 1 billion banknotes, and now the 1 billion banknotes are stored in commercial banks, of which 900 million can be issued as loans. In fact, the 900 million banknotes were not loaned out of the 10 banknotes issued, but out of nothing.

The bank simply increases the account balance of both parties by way of bookkeeping. At the same time as the loan was granted, 900 million yuan was added to the deposit. Of course, 90% of the 900 million deposits can be loaned out as deposit reserves, and 100 million yuan can be loaned, and of course, this 100 million yuan can be loaned out, and at the same time, 100 million deposits have been increased, and 90% of this 100 million can be loaned out.

In this way, for every 1 billion treasury bonds issued, a maximum of 10 billion new coins can be generated.

Write casually, personal opinion, our country is embarrassed to also engage in the monetary system of capitalist private banks.

Unsuitable for circulation of RMB refers to the appearance of the appearance, texture, anti-counterfeiting features damaged, discoloration and deformation, blurred patterns, size and weight changes, affecting the normal circulation of RMB banknotes, including dirt, stains, sticky, scribbling and other 12 standards. Renminbi coins that are not suitable for circulation include 7 criteria such as wear, holes, and cracks.

1.The issuance and implementation of this standard will help to adapt to the internationalization of RMB.

and the needs of the development of currency issuance business, to guide the branches of the People's Bank of China and banking financial institutions.

Scientifically carry out the work of destroying and destroying RMB coins that are not suitable for circulation, and improve the quality management of RMB coins that are not suitable for circulation.

and the level of management of the cleanliness of the RMB in circulation.

2.This standard is managed by the National Financial Standardization Technical Committee, drafted by the Currency, Gold and Silver Bureau of the People's Bank of China, and the China Banknote Printing and Minting Corporation and the Shanghai Headquarters of the People's Bank of China.

The Ningbo Central Branch of the People's Bank of China and other units participated in the drafting. The standard has been widely solicited and demonstrated, and has passed the review of the National Financial Standardization Technical Committee.

Extended Information:1Social needs:

Since cash flow.

There is still a need for social communication, so it is particularly important to improve the neatness and cleanliness of banknotes and coins in circulation. There are a lot of bacteria and viruses hidden in cash, and even more so untidy cash. Judging from the situation abroad, many countries even have cash flows.

Big, but banknotes, coins, etc. are still very clean and tidy, and Australia, New Zealand.

Brunei, Romania.

and other countries even use plastic banknotes completely to improve the neatness and cleanliness of banknotes and extend the service life. For example, after the banknote is torn, some people think that they can continue to use it if they stick it with tape. However, according to the standard, "a paste on the face of the ticket, and the area of the paste is greater than 100 square millimeters" are not suitable for circulation, in addition, "there is a tear on the face of the ticket, and the degree of tear is greater than 1 cm" is also not suitable for circulation.

2.Policy Analysis: Zhou Shen In order to regulate the work of RMB coins that are not suitable for circulation**, the People's Bank of China has issued the industry standard "RMB Coins Not for Circulation" (hereinafter referred to as the standard), the standard number is JR T 0162-2018.

The standard adopts a systematic and quantitative approach, clearly stipulates the concept of the only person who is not suitable for circulation, and defines the characteristics of various types of damaged renminbi coins. In order to enable the public to easily understand the management policies of RMB coins that are not suitable for circulation, consciously safeguard legitimate rights and interests, and continuously improve the cleanliness of RMB coins in circulation.

The amount of money issued by the central bank is determined by productivity.

Productivity determines the amount of currency issued by a country. If the country's money-issuing institutions issue more money, and there is no corresponding increase in productivity, that is, there is no corresponding increase in the number of goods produced, then because of supply and demand, more money will be used to buy goods, and the currency will be devalued in the international view.

The basic elements that constitute the productive forces are: the means of labor based on the tools of production, the labor objects introduced into the production process, and the laborers with certain production experience and labor skills. It is the internal driving force foundation of social development.

In addition, human beings use all kinds of professional science and engineering technologies to manufacture and create products of material civilization and spiritual civilization to meet their own ability to survive and live.

Determinants of the value of money: Factors that affect the time value of money include time, yield or inflation rate, simple interest vs. compound interest. Among them, the length of time is the primary factor affecting the time value of money.

The longer the time, the more obvious the time value of the currency; The law of value is that the value of a commodity is determined by the socially necessary labor time required to produce it. The exchange of goods must be based on the quantity of value and the exchange of equivalent value; Variation is influenced by supply and demand, and is ultimately determined by value: the greater the value of the commodity, the higher the commodity, the lower the value of the commodity, and the lower the value.

The function of money: The function of money is determined by the essence of money, and it is the concrete embodiment of the essence of money. Value Scale:

It refers to using its own value as a yardstick to measure the value of other goods. Money performs the function of a value scale, and does not need real money, but only conceptual money; Means of circulation: refers to the fact that money acts as a medium of exchange for goods.

Money acts as a means of circulation, it must be a real currency, but it does not have to be a full currency; Means of storage: refers to the withdrawal of money from the field of circulation and the storage of money by people as a general representative of social wealth. Money, as a means of storage, must be metal money or metal bars of sufficient value.

Delivery channels.

Foreign asset business: Mainly in the foreign exchange market to buy and sell foreign exchange**, change foreign assets.

Creditor's rights: Purchase of bonds, overdrafts or direct loans to the treasury in the open market, and change the creditor's rights.

Claims against financial institutions: rediscount or re-lend to commercial banks, and change claims against financial institutions.

stains, deinking.

RMB banknotes are not suitable for circulation if they are eroded in the process of circulation, forming local stains on the face of the ticket, and there are any of the following circumstances

1. There are multiple stains in the printing area, and the cumulative stain area is greater than 150mm, or the single stain area is greater than 100mm.

2. There are multiple stains in the non-printing area, and the cumulative stain area is greater than 60mm, or the single stain area is greater than 50mm.

3. Although the stain area does not exceed the specified standard, it covers one of the important anti-counterfeiting features and affects the anti-counterfeiting function.

4. The face of the ticket (excluding 4 corners and safety lines) is missing, and the missing area of a single place is greater than 10mm, or the face of the ticket is missing in multiple places, and the cumulative missing area is greater than 12mm (the missing area is greater than 2mm and is included in the cumulative amount).