central bank currency- Top Knowledge

Implement a more active fiscal policy and a moderately loose monetary policy.Implement a more active fiscal policy and a moderately loose monetary policy.If you carefully understand these changes in wording, you can feel the great difference.

Overall, this is a good thing for A shares.The fiscal policy mentioned above, the 1 trillion special national debt that we started to issue this year, belongs to fiscal policy. 300 billion yuan has been spent on the trade-in activities of home appliances and cars, and many families should enjoy this preferential treatment, which has an obvious effect on stimulating consumption. The year-on-year growth rate of total retail sales of consumer goods in September and October increased from 2.X to 4.8% in October.If you carefully understand these changes in wording, you can feel the great difference.

The prefix of "moderately loose" monetary policy was "prudent" last year, and the prefix of "moderately loose" was adopted last time in 2010, which has not been used for more than ten years, so it is rare.Steady is the key word. Our goal is not to stimulate the stock market, but to develop the economy and transmit it to the economy.If you carefully understand these changes in wording, you can feel the great difference.