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How to say that the value of a currency is expressed in terms of foreign exchange. No matter how much you issue. One dollar for one dollar. and ten thousand for one dollar. Aren't you worth the same? So for the sake of the economy, countries are changing the exchange rate!
As for ** reserves. That's money, of course. 50 years ago!
Your money is **. Before the collapse of the Bretton Senley system in the United States! With ** of course you can be rich.
But not so much**. Because it is little, it is worth money. It is impossible to mine in large quantities.
Because there isn't. Our currency is paper. To put it simply, it is worthless1 is the value given by the state! The issuance is still paper.
The value of the currency = foreign exchange + ** reserves + others (these are the money).
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Purchasing power is taken into account in the issuance of money, and wealth is increased by increasing the amount of money issued, and as a result, money is worthless, which can lead to serious economic problems. The issuance of currency is commensurate with the level of the country's economy.
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Brother, if you have more money, are things worthless??? Can you understand that in the past, everyone was poor, a certain commodity was a fixed one**, everyone had money, and when they could buy it, even if you sold something, the price would rise, on the contrary, everyone had no money, was it cheap, just like now, everyone has no money, and things are on sale).
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The currency issued should be equal to the purchasing power.
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It is a kind of currency, which is not only a special currency for reserves and investments, but also an important material for the jewelry industry, electronics industry, modern communications, aerospace industry and other sectors. **It is a elemental form of the chemical element gold, which is a soft, golden-yellow, corrosion-resistant ***.
**。**It is one of the rarer, more precious and highly valued metals, and the international generally ** is in ounces, and in ancient China it was "two" as a unit, which is a very important metal.
Although it is a very soft metal, it is not as good as lead and tin, and it can be scratched with a fingernail on pure gold, which makes it very easy to process.
**As a kind of ***, it has good physical properties, "real gold is not afraid of fire refining" is that gold has high chemical stability, and it is not easy to react with other substances, so there is no need to worry about oxidation and discoloration.
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The original banknotes were based on **, and ** were freely convertible, and both could be circulated at the same time, and the issuance of banknotes was relatively small. By the end of the 19th century, the capitalist economy had seen an unprecedented rate of expansion and development, so paper money gradually became the main currency in circulation, but they still had ** as a guarantee for issuance. This monetary system is called the "gold standard".
Currencies are called world currencies when they function as a general equivalent in the world market. As a world currency, it must have full value and be a *** block, performing its function according to its actual weight. In fact, it is the gold and silver nuggets that play the role of the world's currency.
Paper money cannot act as a world currency, a world currency.
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The primitive essence of money was the exchange of labor.
**Relatively scarce, the labor cost required for production is stable and will not change easily. Before the advent of paper money, it was relatively easy to carry and could be called "labor that was convenient to carry and used for exchange".
A commodity that is separated from a commodity and which acts as a general equivalent is money; Money is the product of the development of commodity exchange to a certain stage. The essence of money is a general equivalent, which has the functions of a value scale, a means of circulation, a means of payment, a means of storage, and a world currency. Historically, there have been different commodity exchanges in different regions that served as currency, and later monetary commodities gradually transitioned to gold and silver.
With the development of commodity production and the expansion of exchange, commodity money (gold and silver) is increasingly unable to meet the growing demand for money, and substitute money and credit money gradually appear to make up for the lack of means of circulation. In the 20th century, gold and silver slowly withdrew from the monetary stage, and non-cashing paper money and bank cheques became the main means of circulation and payment procedures in various countries.
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Limited, retains value, can be used as an ornament.
In international circulation, although it is possible to use a special credit currency (a country's credit currency or a world's credit currency) as an international means of payment and reserve currency under certain conditions, the role of ** as the final means of repayment and the most reliable reserve asset in international settlement is still not something that can be replaced by any credit currency. So, in the end, it is still playing the role of a world currency.
Productivity (which determines the total amount of goods) determines the amount of money 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. >>>More
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. >>>More
No, for example, e-banking, he is still real money, but the intermediary is done on the network, so it should be real money.
If the U.S. economy collapses, then the dollar will inevitably be hit hard, and at this level, it will inevitably rise sharply. >>>More