Will the issuance of new coins issued by the central bank increase the amount of currency issuance? Will the money depreciate in the hands of the people?
2 thoughts on “Will the issuance of new coins issued by the central bank increase the amount of currency issuance? Will the money depreciate in the hands of the people?”
Bernard
The central bank's announcement of the issuance of new coins cannot be simply associated with the depreciation of the RMB. As of the end of July 2015, my country's M0 was 5.9 trillion, M1 was 35.3 trillion, M2 was 13.53 trillion, and M0 accounted for only 4.4%of M2. Therefore, the circulation of banknotes only accounts for a small part of the amount of currency issuance. If you want to consider the issue of wealth appreciation, you can choose an emerging Internet financial platform such as Red Elephant Finance.
The central bank's announcement of the issuance of new coins cannot be simply associated with the depreciation of the RMB. As of the end of July 2015, my country's M0 was 5.9 trillion, M1 was 35.3 trillion, M2 was 13.53 trillion, and M0 accounted for only 4.4%of M2. Therefore, the circulation of banknotes only accounts for a small part of the amount of currency issuance. If you want to consider the issue of wealth appreciation, you can choose an emerging Internet financial platform such as Red Elephant Finance.
If the original will continue to flow, it will be replaced slowly