“Faster cares make economic loss cheaper”
I read this news with happy.
China gov might realize faster cares make economic loss cheaper.
Government Bond is good.
I think that there are many ways of various bonds in digital era.
In one principle, bond is for people who has fear to lose his/her money, and stock is for people who has desire to increase his/her money.
Government Bond is intermediary between former(A) and latter(B).
Further, various types of coupons with government bonds is possible to add.
I think that houses bubble may be the problem in China, so that there may be some schemes between (A) and (B).
(A) feels fear to lose money. (B) feels desire to have house.
How about coupons when houses price go upper, the revenue will be shared by (B) and government?
At a time, when houses price go down, (A) never lose his/her money, but (B) and/or government pay cost.
This is just one idea.
And too many bonds lead bubble.
In addition, There must be various Bonds with various coupons.
Digital yuan(Digital CNY) may enable various Bonds.
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