Currency Fission

"Understanding the Technical and Financial Logic Behind Stablecoins

读懂稳定币背后的技术逻辑、金融逻辑

What is the essence and core function of currency?

Why is currency still constantly evolving and developing?

What is the logic and law of currency development?

Whose credit is the 'credit' of credit currency?

How is credit currency released?

What profound changes does credit currency bring to monetary finance?

How to grasp the relationship between the total amount of currency and inflation/deflation?

How to effectively regulate interest rates and exchange rates?

How is the international monetary system formed and operated? How to improve it?

Why is China's GDP smaller than that of the United States, but its M2 is much larger?

How should digital RMB be positioned?

This book focuses on the emergence of credit currency and the profound currency fission and impact it brings. It conducts in-depth research and analysis on the hot issues that arise in the operation of a country's currency and finance, as well as international currency and finance. It corrects many seemingly plausible, unrealistic, and illogical theoretical understandings and practical operations, and proposes many new explanations and conclusions that subvert traditional cognition and classic theories.

This book has great reference value and guiding significance for readers to gain a deeper understanding of the development process of currency, accurately grasp the laws of currency evolution, clarify the profound changes and corresponding management requirements brought about by the issuance of monetary credit and accounting settlement, formulate reasonable monetary regulatory policies, and promote innovative development of monetary finance.

货币的本质与核心功能到底是什么？

为什么货币仍在不断地发展演变？

货币发展的逻辑和规律是什么？

信用货币的"信用"是谁的信用？

信用货币是如何投放出来的？

信用货币给货币金融带来哪些深刻变化？

如何把握货币总量与通货膨胀、通货紧缩的关系？

如何有效调控利率和汇率？

国际货币体系是如何形成和运行的？如何加以改进？

为何中国GDP比美国小，M2却大得多？

数字人民币该如何定位？

本书以信用货币的产生及其带来的货币深刻裂变与影响为主线，围绕一国货币金融乃至国际货币金融运行中出现的热点问题，进行深入的研究分析，对很多似是而非、偏离实际、违反逻辑的理论认识与实务操作予以指正，提出了很多颠覆传统认知和经典说法的新解释、新结论。

本书对读者深入了解货币发展历程、准确把握货币演变规律、明晰货币信贷投放和记账清算带来的深刻变化及相应的管理要求、制定合理的货币监管政策、促进货币金融创新发展等，具有很大的参考价值和指导意义。