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But high welfare is based on massive oil revenues, and finance income relies heavily on oil revenue, once a drop in oil prices, national finance will not be able to support welfare project for a long time.
2.
Secure debt base class products low risk level.
In gold and silver age, the monarchy or fiscal authorities will reduce precious metals gold content of gold and silver COI, this is a disguised form of depreciation, but nominal monetary value is a cotant.
(4) inadequate international economic policy coordination.
At least for now, the value of gold will keep stable, digital currency substitution of gold prices, may also need a long way to go.
If the yuan agait the dollar is now 6.
5, for example, if you think that the yuan will fall to 6.
4, you buy in the currency market, this is money short;Chronologically speaking, the coin of five dynasties and ten states, liao era of coin, the coin of the taiping heavenly kingdom, etc.
, on average, more expeive than other dynasties.
Fit gold 99% don t go to 200 yuan a thing worth, do not say fit the value of it, said mining cost.
What is our country monetary policy goal?That there is some difference, the main classification is as follows: fit: digital currency.
Such as $1 is equal to the low end 6.
38 yuan last year, said that the appreciation of the renminbi, and now this year, $1 is equivalent to RMB 6.
9486 for hard, suggests that the yuan is devalued, so the RMB exchange rate with the dollar figure as small as possible.