What does the expansion of the renminbi mean? Nice to give an example thanks!

It's the renminbi that has fallen

The exchange ratio between the unit RMB and the unit foreign currency, e.g. USD to RMB.

Assuming that there are no new listings, the figure of A-shares** remains unchanged. The country's credit investment is transferred by enterprises, and overseas ** also pours in**, then the stock price will definitely rise. Chip expansion refers to the continuous issuance of new shares, so that the number of ** increases.

After increasing the issuance of **, it is necessary to follow up the amount of funds, otherwise the upward trend of the stock price will be weak. Follow-up: It has nothing to do with **, right?

Answer: I am a shareholder, that is just one of the assets I cite in terms of asset expansion, but a country's economy is a lot of in these economic figures, even if ** invest in a listed company instead of foreign exchange to invest in a country's economy, but I still think that what you said is not related, it is impossible to expand assets, to a large extent, it refers to the disguised appreciation of assets under the influence of external forces, such as policy, market objectivity, and outflow of funds.

What does scaling mean and why do you need to?

To put it simply, the exchange rate range of the RMB has expanded, for example, the price is 10, and the original 1% is now, so that the exchange rate can better meet the needs of the market under the guidance of the central bank.

It is to expand the price limit!

Increased volatility of the RMB!

It will further crack down on hot money arbitrage and RMB appreciation!

The appreciation and depreciation of the dollar, what is going on should be the central bank's business.

The gold standard is the gold standard, and the gold standard is a monetary system with ** as the standard currency.

The monetary system, which began to prevail in the mid-19th century. Under the gold standard, the value of each unit of money is equal to a certain weight** (i.e. the gold content of money); When different countries use the gold standard, the exchange rate between countries is determined by the ratio of the gold content of their respective currencies, the gold parity.

There are three forms of implementation of the gold standard: the gold coin standard, the gold bullion standard and the gold exchange standard, among which the gold coin standard is the most representative of the gold standard.

1. Gold coin standard.

The gold coin standard used ** coinage as the legal standard, while silver coins were relegated to the status of auxiliary coins, and their free minting and unlimited legal solvency were restricted.

As a standard currency, it has unlimited solvency, bank bills can be freely exchanged for gold coins, and anyone can apply to the National Mint to mint all of their ** into gold coins or melt gold coins into metal blocks. ** Inputs and outputs can be freely transferred between countries.

The gold standard dominated for 100 years, during which time it played a certain role in promoting capitalist production. However, due to the uneven distribution of the world's leading production areas and the wear and tear of gold coins, the gold coin standard was gradually replaced by the gold bar standard and the gold exchange standard after the First World War.

2. In the gold bar standard.

In the bullion standard, you can exchange ** bank notes instead of gold coins, and anyone can exchange their bank bills for equivalent **. Although there is an exchange limit, the wealth of the average person rarely exceeds this limit, and this system can alleviate the problems of insufficient production and loss.

3. Gold exchange standard.

The gold exchange standard is also known as the virtual gold standard, when a country implements this monetary system, it needs to be deposited in another country or region, and the national currency implements a fixed proportion rate with it, and only when the currency of this country is exchanged for the currency of the depository country, it can be converted into **, which is a colonial monetary system.

Both monetary systems had largely disappeared by the 1970s.

The most typical example is the implementation of the gold standard in Britain in 1797, announcing the coinage regulations, issuing gold coins, stipulating the gold content, and silver coins in the status of auxiliary coins.

The gold standard is based on.

Copy ** as the standard currency.

of the monetary system. Under the gold bai standard, per unit.

The monetary value of DU is equivalent to a certain weight of ** (i.e., the gold content of DAO currency); When different countries use the gold standard, the exchange rate between countries is determined by the ratio of the gold content of their respective currencies – mint parity.

After World War II, an international monetary system centered on the US dollar was established, which was actually a gold exchange standard, in which gold coins were not circulated in the United States, but other countries were allowed to exchange dollars for them, and the US dollar was the main reserve asset of other countries. However, due to the impact of the dollar crisis, the system gradually began to waver, and in August 1971, the United States stopped converting the dollar and devalued the dollar twice, and this incomplete gold exchange standard also collapsed.

The same amount of renminbi can only be exchanged for a smaller amount of dollars relative to earlier.

1. This exchange rate is for.

If the dollar is strong, people are more inclined to store dollars, then the desire to export will increase. On the contrary, if the dollar weakens, people are more inclined to store the yuan, which will discourage exports and increase imports.

2. As the world's largest circulating currency, the trend of the US dollar is basically inversely proportional to commodities. This is the same concept as the exchange rate, and it is also applicable as long as the renminbi is regarded as a special commodity.

A stronger dollar means that the dollar is more valuable, and the rich hoard it in order to preserve and increase its value, which is equivalent to deflation in economics; Conversely, as the dollar becomes more valuable, people are keen to sell more dollars sooner, creating inflation in economics.

3. Therefore, when the speed of money printing is limited by the exchange rate and cannot catch up with the growth of debt, the economy will enter the "new normal" from prosperity to decline, and the real value of the RMB after long-term overissuance will be reflected when the demand declines, which shows that after the withdrawal of foreign capital leads to deflation, it will inevitably be a vicious stagflation!

It doesn't have much impact, the sharp drop in the exchange rate does not mean a change in the purchasing power of the currency, and individual imported goods may fluctuate.

Prices**, the money in your hands is worthless.

The other effects are not significant.

The appreciation of the renminbi, the decrease in exports, and the increase in imports are conducive to reducing foreign exchange reserves, or slowing down the growth rate of foreign exchange reserves and curbing inflation.

To put it simply, an increase in foreign exchange reserves of one dollar means that something with one dollar is sold abroad, and the state will issue 6 yuan to buy this 1 dollar, so the money in the society has increased by 6 yuan, which will exacerbate inflation.