There is a saying on the Internet that , Qing , and Western countries have a large trade surplus, so the Qing dynasty is very rich.
This statement does not understand the essence of the local currency - the local currency corresponds to the goods. If the goods do not grow and the amount of the local currency increases greatly, the total wealth does not actually grow, but instead leads to a sharp increase in the price of the goods (a large amount of local currency leads to inflation, and the reason is to purchase at a premium), and the actual total value is still the same as before. However, inflation is dangerous to the poor.
does not make the Qing Dynasty rich without foreign goods, but instead causes trouble; but if a large amount of foreign goods is needed, then the Qing Dynasty will really become rich, because part of the local currency corresponds to the value of foreign goods.
There is a formula:
needs + possible = reality
The currency needs are to measure the total value of the commodity. If the total value of the commodity cannot grow larger and larger, the currency itself is prone to illness and unhealthy.
Therefore, the principle of globalization of local currency is here. It is necessary to correspond to more goods, which can solve the problem of additional issuance, increase wealth, and reduce domestic commodity costs.
For example,
1) It turns out that there are 10,000 products in China, and there are also 10,000 products worth 10,000.
2) Now this 10,000 is globalized, and it corresponds to 1,000 foreign products.
3) Then domestic products need to use 9,000 to correspond to the original 10,000 products, so that the price of products can be reduced.
4) In turn, it can be understood as achieving the appreciation of the local currency.
From this perspective, is there great benefits to local currency globalization? Everyone has their own responsibility! These judgments are reasoned and do not have the real materials. If there is any error, please correct them.
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