This is not a talk about the government's monetary policy,エアマックス 90, start a new cycle of interest rate reductions,Air Jordan, there are five reasons:
First, China's own, this round of inflation from the second half of last year, due to the magnitude of this year rose will narrow, which Inflation looks to become mild, although this is only an illusion, but officials will feel better.
second, from a global perspective, U.S. interest rate cut in large, Britain has begun to cut interest rates, European Central Bank may cut interest rates in the second half of this year. China's current level of interest rates too high, too much is not willing to accept RMB appreciation, so I had to cut interest rates. Moreover, the global economy is slowing, China's economy is cooling.
Third, high interest rates on the A-share market has been a mortal blow if the A-share market dropped by another 20% cut in interest rates is not far away.
fourth, rely on credit controls and interest rates is tantamount to treating the foot, is a disease that can not solve today's inflation is now China's inflation is indeed high, but mainly due to two reasons -
First,Jordan 4 Retro, the global agricultural and mineral products in short supply, the looming prospects of resource depletion. Over the years, wanton exploitation of human resources, waste. Many governments to prices the only way to Bank will not set the level of interest of the international supply and demand and commodities prices have a significant impact on Thailand's rice and Australian ore and coal prices will not because of China's level of interest rates and a big change.
its Second, inflation in China is now following the depreciation of the dollar against the yuan is also a reflection of the Chinese people put their money tied to someone else's currency, inflation in China today is the long-term result of foreign policy mistakes. In this regard, the solution is completely decoupled from the dollar,Jordan 3 Retro, let the market determine the exchange rate.
fifth, for the Chinese people, the current bear is a terrible high real interest rates due to China's CPI inflation at 8%,Air Jordan XI, bank loan interest rates about 8%, so many people think that down, the real interest rates have lost the meaning of textbooks, especially for people who buy a house because house prices in the fall, for them, the real interest rate equal to 8% of the mortgage rate plus 5-10% decline in house prices - It is amazing what a real interest rate!
Chinese people are very poor,Air Jordan Retro 1 ve seen before,Air Jordan 12,Air Jordan right, most of them poor farmers, Chinese farmers suffer long-term urban-rural divide and the income rose many times over, and farmers have less and less arable land, can only rely on prices of agricultural products to increase revenue, but every time agricultural prices, the Government showing that strongly suppress - Do Chinese farmers income should always remain in the fifties of last century the level of it?!
some people to cheer falling house prices. wait for a large company closures and unemployment force longer, bank's bad debt as a mountain, when all common sense once again a big win - can not be built because of economic policies based on ignorance or fear.