Welcome to Reasonable Talk.
In the past two months, the epidemic has counterattacked very quickly. So far, 28 provinces and cities across the country have local epidemics, and some cities are really serious. Even if there are not many cases in your case, in order to strictly fight the epidemic, many cities have been pressed the pause button. Some people were locked up in their homes, some people were taken to quarantine places, and many industries had to close their doors due to the outbreak.
So let’s put it this way, In the past two months, many people have felt the impact of the epidemic on the economy, especially the entire job market this year is also very difficult. Think about it, there are more than 10 million graduates of colleges and technical secondary schools this year, and last year, because of the epidemic, there were still many people who were slow to find employment and are planning to find a job this year. In addition, there are many large factories that will not recruit people this year, and they will lay off a lot of people, so the real economy is not very optimistic now.
Coupled with the fact that Ukraine is still at war in the world, international energy prices have skyrocketed, and inflation is coming again. So many people feel that we have to find some way to save the economy? How to save? In fact, the easiest way is to send money. The trick of has actually been used by many countries in the past two years. The logic is actually very simple. Due to the impact of the epidemic, the economy has stagnated, so we want to stimulate the economy. How? Send money to the whole people, 500 yuan, 1000 yuan or even 2000 yuan per person.
After sending this money, there are two benefits. On the one hand, many people have no income or their income has been greatly reduced due to the epidemic. You see, many people complain that I have stopped working because of the epidemic. I can’t earn money. My mortgage I can't afford it anymore, and I can't even eat this meal. Now send the money to you to solve your urgent needs. On the other hand, after you get the money, you have to spend it, you have to go to the market to buy things, that is to say, after you spend the money, it needs to be circulated. You go to a convenience store to buy things, and the owner of the convenience store will make money, and then send money to his employees. With the money, his employees can go further to buy things. So whether it is a convenience store, a supermarket, a shopping mall, or a restaurant, the entire economy will quickly flow and be stimulated by the distribution of money, and of course everyone will make money. There is nothing wrong with this statement, which is why many countries have issued money in the past.
And some people think that sending money has another benefit, what benefit? Giving out money is a process of killing the rich and helping the poor. Some people actually have this question. They say that if everyone sends 1,000 yuan, is this the same as not giving 1,000 yuan to everyone? Because everyone is the same, they may have got a question wrong, if we were studying in school, everyone in the class would have their own mark, now we add 10 points to everyone, then it is indeed not worth adding to everyone 10 points are the same, because the overall ranking will not change, but after all, our life is not a ranking, and assuming that everyone sends this 1,000 yuan, the utility of people with different wealth is different.
Some people even suggested that this is a very good process of killing the rich and helping the poor, because for the rich the marginal effect diminishes. Let’s take an example. In the past two years, we often said that there were 600 million people in my country with a monthly income of less than 1,000 yuan. Now, all of our 1.4 billion people are paid 1,000 yuan each. Then these 600 million people have increased out of thin air. One month's monthly income is not a small amount of money for them. You think this is equivalent to the boss paying you an extra month's salary, okay, so for those who earn three to five thousand yuan a month, this is equivalent to an extra week's salary out of thin air, not bad, everyone With this money, we can eat a meal, buy a piece of clothing, in short, spend this money to make our economy turn around.
But for those rich families, for example, those who make millions a year as mentioned in small Internet videos, evenFor those rich people on the Forbes list, they may have assets of hundreds of billions of yuan, and they may earn dozens or hundreds of small goals a year. Is it useful for you to send him 1000 yuan? It's useless, he won't even pay attention to it, and he won't even pay attention to it. Just like someone said that 100 yuan fell on the ground, would Li Ka-shing pick it up? He can earn hundreds of dollars just by bending over, and he won't pick it up.
So some people say that we distribute 1,000 yuan to all people. This is a very good process of robbing the rich and helping the poor. Anyway, if you send it or not, people don’t care about the money, isn’t that great? Is it fair? We take care of the weak, which seems to be the case on the surface, but when we think about it carefully, it is not the case at all. The national distribution of money seems to favor the common people, but in fact it is cheaper for the rich. why?
We have a real-life example. In the United States, two rounds of money were issued. In the United States, did the poor get a bargain, or the rich got a bargain? Of course it is rich, why is this so? There is an official here, you think money and wealth in this society match. Why does pork sell for so much money per catty? Why does mutton sell for so much money per catty? Why does the country issue so much currency every year? Because we have so many materials, it is matched one by one. Now suppose we each send 1,000 yuan, and there are 1.4 billion people in China, then it is about 1.4 trillion yuan. This money is created out of thin air, no matter what Whether we issue digital currency or paper money, in short, the money is distributed to everyone out of thin air, and we have not increased our supplies because of the issuance of currency. In other words, when you print money, you don’t have much pork, you don’t have much food, you don’t have many cars, and your industrial output value doesn’t have much , so what will happen?
You still think about those things. If you have more money, then naturally it is money, and then naturally the price is high. was originally in an equilibrium state. Now you increase the currency and don’t increase the items, then the prices of the items will definitely rise. Some people say that it’s okay, and the price of the items will increase. Anyway, my 1,000 yuan came for nothing, and the price increase is probably not. So fast and so fast, so I still took advantage.
This is not the case. Once the price rises, it has a linkage mechanism. It does not mean that only the price of your livelihood materials rises, and other prices also rise. Look at the United States today. Its price rise is transmitted. In addition to the rise in the price of basic livelihood materials, energy prices rise, commodity prices rise, and then the prices of used cars skyrocket, then property prices skyrocket, and then stock prices skyrocket . Why? Because everyone knows that there is more money but not more materials, and the price of any material must be revalued with newly created money, and the price will naturally rise.
For ordinary people, what they may consider is that I paid 1,000 yuan more on my side, and the rice on the other side may increase by 50 cents, but for the rich, what will they do? They will be very keenly aware that this money has been printed out more, and this money is at a loss, so the stock price will rise if the housing price rises, the fund will rise, and the prices of various investment and wealth management products will rise, so what should I do?
I want to speculate. People don’t care whether you send me 1,000 yuan or not. What people care about is that after you print 1.4 trillion yuan more, inflation will come and the price of goods will rise, so I want to speculate on assets go. What kind of person has assets? Are there poor people? Some don't even have houses, and only the wealthy class own houses, own stocks, and own various securities. And when inflation comes, the prices of these assets are constantly rising. Take the United States as an example. In the past year, the United States has printed money frantically. There have been two rounds of money distribution for the whole people, one round of 1,200 US dollars, and one round of 1,400 US dollars. However, ordinary people today complain about the soaring prices. It used to be that a middle-class family can go to a big supermarket to buy goods worth 400 US dollars a week, which is enough for a week, but now it costs 600 US dollars.
Many low-level Americans complain that it is better not to send this moneyFa, the price of goods has soared, and I have already swallowed this little money back. It’s more than just this loss. Because of the epidemic, the wealthy class in the United States has at least doubled their assets due to the crazy printing of money. For example, Musk’s net worth soared from more than 20 billion US dollars to 300 billion US dollars in two years. So on the surface, inflation just makes people’s lives a little more difficult, because you have to spend more money to buy basic people’s livelihood supplies, but fundamentally, inflation is the redistribution of wealth. The wealthier the person, the greater his assets will expand, and the poorer the person, the more he will become a leek to be harvested.
So this is why in the past two years, the inflation in the United States has become heavier and heavier, and it is almost 10% today, but the United States will continue to implement his policy, because it is too good for the rich, and the cake is back again Cut, I can cut a little more. As far as our country is concerned, , so we must be cautious about printing money. Everyone must realize that when your production of goods does not increase, you think you have picked up a bargain by printing money out of thin air, and that is a huge trap ahead. waiting for you.
Of course, many people suggested that in order to deal with such expansion, is it possible for us to adopt some more reasonable methods. For example, printing some consumer coupons, or reducing or exempting tickets for many of our scenic spots after the epidemic is over, in short, come up with some better economic stimulus plans to help everyone tide over the difficulties. So do you think we should send money now? Or is there any better plan to stimulate the economy besides sending money?