Li Yongle bitcoin Video 1

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Teacher Li Yongle

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Teacher Li Yongle's senior high school mathematics

3. Of course, there are those with electricity. How

4. Please send me a , my network cloud disk is liju2010812, thank you

5. I can feel your heartache, you have you can't say helpless... But you make a pair of indifferent appearance, the more you like this, the more uncomfortable I am.

6. 1. Printing too much money beyond the limit will lead to inflation
2. Banknotes are issued and used compulsorily by countries or regions. Under the condition of currency circulation, if the amount of banknotes issued exceeds the amount actually needed in circulation, the surplus will continue to flow in circulation, which will cause inflation. The direct cause of inflation is the increase of national currency circulation
3. Inflation is generally defined as: under the credit currency system, the amount of money in circulation exceeds the actual needs of the economy, resulting in currency devaluation and a comprehensive and sustained rise in the price level -- in a more popular language, that is: in a given period of time, the price level in a given economy generally continues to grow, resulting in a sustained decline in the purchasing power of money.

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The money printed by a national government is essentially the symbol of wealth held by your national government. The reason why people are willing to accept your money is that you can buy back the same wealth from your government with your money. If the government does not have enough wealth and more banknotes are printed, the wealth that can be bought back by the same amount of banknotes will be reced. In other words, prices will rise and the currency will depreciate

of course, in China, the government relies on compulsory force to regulate prices, which can force buying and selling to a certain extent, so as to increase the circulation of banknotes and ensure the use of banknotes. But this will also lead to the actual devaluation of domestic banknotes (black market)

therefore, if a country prints a lot of money, although it can increase the government's wealth in a short time, it is actually plundered from the public. This directly leads to the devaluation of currency, soaring prices and the destruction of social economy

as a result of currency devaluation, the value of domestic currency in exchange for foreign currency is also declining, so the value of the things sold by foreign countries in exchange for your currency is also rising. What's more, the devaluation of the currency will lead to the bankruptcy of your government's reputation, and the loss will not be worth the gain

extended materials

because the US dollar is the world currency, the US can plunder the wealth of various countries by printing more US dollars, which is equivalent to the US government becoming the financial leader of all countries in the world. But the game has to be limited. The US dollar can dominate the world because of its own wealth and relatively stable reputation

if the US dollar is printed indefinitely, countries will lose confidence in the US dollar and choose another trading currency (such as gold). In the end, although the United States has gained a lot of wealth in the short term, it has lost its advantage in the long run, which is tantamount to killing the chicken for the egg<

generally, each country only uses a single currency, which is issued and controlled by the central bank. However, there are also exceptions, that is, multiple countries can use the same currency, such as the euro commonly used in EU countries, the franc in the West African Economic Community, and the Latin American Monetary Union in the 19th century, which are equivalent currencies with different names but can circulate freely within the union

a country can choose the currency of other countries as its legal currency, for example, Panama chooses the US dollar as its legal currency. The currencies of different countries may also use the same name. For example, before France and Belgium used the euro, their currencies and Swiss currencies were called francs

in some countries, there is no secondary currency, or although there is a secondary currency, it is only a theoretical conversion unit because the currency value is too small, and there is no actual currency issued, such as yen and won

8. Why can't we print more banknotes? Too much money will lead to rising prices
it's everyone's hope to have more and more money in their pocket, but if the country issues more and more money, it will go wrong. Too much money can not increase people's wealth and the value of procts, but can only lead to the rapid rise of prices. Mankun concludes that when the country issues too much money, prices will rise

in fact, in the process of commodity circulation, the number of banknotes issued is not arbitrarily determined, and the amount of money needed in circulation is the standard that it must follow. So how much is reasonable? The formula of money demand is as follows:

money demand = commodity price level × This formula shows that the amount of money needed in circulation is directly proportional to the total amount of goods and the level of commodity price, that is, the greater the total amount of goods in society, the higher the commodity price, and the greater the amount of money needed. The amount of money needed is inversely proportional to the speed of money circulation. The more times of money turnover, the faster the speed of money circulation. If the amount of paper money issued exceeds the amount of money needed in the actual circulation process, it will cause the so-called inflation

inflation refers to the phenomenon of price rise and currency devaluation caused by the fact that the amount of money issued exceeds the amount actually needed in commodity circulation. As a kind of currency, paper money is a compulsory currency symbol issued by the state. In its circulation law, it also shows that the circulation of paper money should not exceed the quantity needed by the real economic operation, otherwise, the paper money will depreciate and the price will rise

for example, if there are 200 million yuan worth of goods in the market and the money turnover speed is twice, then issuing 100 million yuan notes can achieve the principle that 1 yuan notes have 1 yuan purchasing power. However, if 200 million yuan notes are issued, the 200 million yuan notes will still have the purchasing power of the original 100 million yuan currency, and the 1 yuan note will only have the purchasing power of 0.5 yuan currency, so it can only buy 0.5 yuan goods. Therefore, the original 1 yuan value of goods need 2 yuan notes to buy, so the notes will depreciate, prices will rise

a survey shows that the price has become the most concerned topic. After all, the increase of living cost caused by the rising price of goods involves everyone's vital interests. Most of people's daily consumption is in food, and according to the survey, among the eight categories of commodities that calculate the consumer price, the main force driving the recent price rise is food commodities. Data from the National Bureau of statistics also show that in 2006, CPI (consumer price index) rose by 1.5%, of which food prices rose by 2.3%, while the prices of clothing, transportation and communication, entertainment, ecation and culture fell by 0.6%, 0.1% and 0.5% respectively

now people know that excessive issuance of banknotes will not increase the wealth of society, nor the value of goods, but will rece the purchasing power of banknotes in hand. When the government makes more and more paper money, it means that the money in people's hands is more and more "worthless". In addition, people will not only know that prices are rising, but also why they are rising. The seemingly distant macroeconomic problems are actually closely related to people. It is like the air that people need to survive, and it is inseparable from everyone.

9. An unlimited amount of RMB will lead to inflation. In short, RMB is not worth money, things are expensive. At that time, just as in the national unification period, a sack of money was needed to buy a sack of rice.

10. From the legal point of view:
except for the people's Bank of China, no other bank has the right to print and issue banknotes, which is the privilege given by the law of the people's Bank of China to the central bank - monopoly of currency issuance
from the perspective of real life:
money is not real material wealth, but only the representative of material wealth value symbol, so there is a corresponding relationship between money and actual material wealth
for example:
if the social material wealth is divided into several equal parts, the total wealth is 10000. When 100 yuan represents one share of wealth, the currency needed by the society is 100 * 10000 = one million yuan. When the money supply is just maintained at this limit, 100 yuan can just represent or purchase one share of material wealth. When the money supply is greater than this amount, for example, banks print and issue banknotes, doubling the money supply to 2 million yuan, because the total amount of social material wealth is unchanged, or 10000 shares, but there is 2 million yuan of money. Well, the original 100 yuan can buy things, now it takes 200 yuan to buy. In other words, because the money supply exceeds the normal limit, the material wealth represented by 100 yuan currency will be reced by half, and the currency will depreciate. For example, the original 100 people share 100 cakes, one for each person, but now 200 people share 100 cakes, only half for each person. If the currency devaluation is not controlled, it will lead to inflation, It will even have a serious impact on the social and economic order, and the consequences are very dangerous
therefore, banks are not allowed to print and print banknotes casually.