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【Dr. Zheng Lei's views on inflation】

———— Release time:2020-11-30   Edit:  Read:36 ————

There are two manifestations of inflation, either in the general commodity market, which is what we often call inflation; or in the financial market (including commodities), which is called a bubble. If additional money flows into the financial market in a large amount, it is not necessary to see inflation (price bubble of general commodities), but the financial market bubble. Once everyone prefers to use money to play in financial markets, it is like taking drugs, and general coercive measures have no effect. This is what finance and the real economy must grasp. Entity is the main, finance is the auxiliary. This is an order that can never be reversed. There is no discussion of the mutual influence and transmission of the two markets. Generally speaking, this effect is smaller than that of a single market.