Use formula is expressed as: goods for sale price level required for a certain period in circulation of money = the same monetary unit circulation, the average speed of this formula show that required for a certain period in circulation of money is proportional to the total prices of the goods, and is inveely proportional to the velocity of circulation of money.
Know that the three cotants, can ask what you requireBecause at the time of the Ming dynasty, it is lack of copper, copper production requires a lot of copper, so money is not enough, and take up also very inconvenient, so they began to use the notes from the yuan dynasty had.
In order to raise some peonal hobbies and fun!The problem this time in the cut, the fed s words and action itead.
Fit red crown word back purple (back) in brown has a corner (letterpress?Big country, China is a populous country and aging population dividend for the iurance market, will be a very worthy of development and investment market, so this investment iurance will gain future dividends over a long period of time, aspirants.
If not recommended by the maitream currency, but some new kind of their own cocience, not pain?3.
By adjusting the monetary aggregates, structure, allocation efficiently regulate economic growth, economic scale and industrial structure, promote the coordinated development of economy.
Legal tender of the advantages and disadvantages compared with metal money to do, I think should be Marx said: Coin initially in the slave society, at the time in the form of Aside from sun yat-sen s great achievement, but the theory of collection, bulk is about yuan more popular, more interesting, because plenty of bottle, collector is proud of his own collection of bottle.
So big fluctuatio, if countries are willing to strengthen the regulation that the long term is positive.
Lesson for the life time value of money is financial general coues.
The relatiohip between interest rate and exchange rate: a country s interest rates rise, will cause the arbitrage capital (that is, the higher interest rates cause low interest rate currencies into currency to show the spread of behavior), in the short term will cause the currency demand higher interest rates increase, and cause the currency to appreciate (that is, the exchange rate drops under the direct quotation), however the arbitrage capital flows is a short-term investment behavior, when arbitrage return (at the end of the arbitrage), and will cause the original principal and interest of arbitrage converted into the currency, the currency falling.
So rates are higher, in the short term will cause higher currency appreciation, and make higher devaluation in the long term.
But undetand it is abstract, foreign exchange is: (1) the foreign currency: the dollar, euro, pound sterling, yen,
(2) : the foreign currency payment documents: bank proof of payment (3) : foreign currency securities, government bonds, stocks note: foreign exchange is not money, need to be able to exchange of money to call foreign exchange, is also has practical significance.