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What is the impact of monetary policy on household consumption? Preferably a paper

I recommend the first book "Currency War". After reading it, you will have a profound understanding of currency. Currency is global. Let me give you a little hint. If I write a paper, I don't have so much time.

1. A loose monetary policy will cause money to flow into the hands of the people quickly and in large quantities. Just as China has had a loose monetary policy in the past ten years, the income of the people has obviously continued to increase. Can you use the metaphor of currency again? For "blood", blood transfusion when you are anemic (poor) can restore your vitality quickly, and the economy will develop very quickly. For example, China's economy has grown by leaps and bounds since the reform and opening up of blood transfusions; the disadvantage of this is that, If the regulation is not good, it will lead to inflation, causing the CPI to rise too fast, and residents' daily living costs to rise significantly. This is what China is like now, with more money coming and more going out;

2. Contraction Under the monetary policy, the overheated and overfast economy will get a chance to breathe, that is, the blood transfusion will be stopped. This will reduce the amount of money circulating in the market and bring prices and CPI under a certain degree of control. However, the intensity of such a policy will It directly affects the interests of financial institutions and the real estate industry, and even affects the interests of foreign speculators. National leaders will face the fear of various personal threats. Therefore, its execution will test the courage of a national leader. This kind of policy is a good thing for ordinary people. If prices are controlled, the cost of living will also be controlled.

Quotation: I don’t care who is in power in this country, I only care who has the right to issue currency. (In China, of course, the government has the right to issue currency, while in capitalist countries it is issued by private banks. The country needs to borrow money from them for circulation. The United States needs to borrow money from the Federal Reserve. This kind of money can never be repaid, and the Federal Reserve It is a joint-stock institution composed of several Jewish consortiums)

That’s all I have to say. I’m off work. I hope it can be helpful to you.