"Release" will only damage the interests of the majority
I agree with the editorial judgment, economic development is not simply the goal of high growth or low growth, high growth, generate a lot of social problems, will be worth the candle, and low growth will also affect the index of employment and income growth, directly happiness index.
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The key is to be a healthy economic development, sluggish domestic demand is like an economy suffering from indigestion, if not cured in a timely manner will allow economies pale and thin.
Lowered deposit reserve ratio is like a reservoir sluice is able to stimulate domestic demand, but, as the editorial said, "can only be instant beautiful is caught in the push prices up and inflate the bubble economy, the vicious cycle. Release on the excitement of domestic demand, production and investment has also been the driving force and the decline in interest rates, can also increase loans to put into production, consumption and investment are very active, and normally is a thriving scene.
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However, the price rise, the decline in the purchasing power of the consumer sectors, indigestion doing it is necessary to reproduce.
So toss some down, the disease can not be cured, but what consequences? A handful of people have benefited, while the vast majority of the people's interests have been damaged. Rising prices, rising costs of production and life, and ordinary workers including migrant workers, unable to raise wages, farmers and small and medium enterprises in the prices of the products have no right to speak, only monopolies and similar to the monopoly of large enterprises, because the possession of stable market share,
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in the prices of the products have a certain right to speak, according to the rise in the cost factors to raise prices in order to ensure profits. But only a handful of people in order to obtain such benefits, most people can only complain that "everything have gone up, wages are not rising.
So, way to boost domestic demand in the wrong? To let the majority of the income of migrant workers to be able to follow the increase in capital profits increase as soon as possible to improve the trade unions and collective wage consultation system. Low-income migrant workers, the boss of profits, a view that is conducive to capital formation, to expand production and investment. However, the boss, after all, a handful of people, the majority of migrant workers pockets do not drum, funding the production, products to sell to it? Second,
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the state should increase the people's livelihood put into the public in order to improve the social security, peace of mind to do the "paycheck to paycheck". In addition, the old rates and medical problems to solve, do not let a house or a disease destroying a middle-class families.
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