There is no money in the finances, there is no money in the enterprise, the people have no money, an

There is no money in the finances, there is no money in the enterprise, the people have no money, and the excess issuance is more than 50 trillion, where is the money?

This rate of growth is surprising, as at the end of December 2021, the total amount of broad money (m2) in our country was only 23829 trillion. This shows that in just two years, the total amount of M2 has increased by more than 50 trillion. On the other hand, the current social financial difficulties, enterprises are in poverty, and ordinary people are also in poverty. Many people have questioned where these over-issued currencies are going.

First, finances are impoverished: revenues are declining and expenditures are enormous. In the past, the fiscal revenue of various localities mainly relied on land sales, but now the land fiscal revenue has decreased.

In addition, all walks of life are currently in a downturn, and tax and fee reduction policies are being implemented in various places. This has led to a reduction in the various taxes and fees paid by businesses. At the same time, spending on pensions, medical care, education, and infrastructure is increasing.

In order to cope with the dilemma of making ends meet, some regions have had to reduce the size of their non-establishment staff and reduce the salaries and benefits of civil servants. However, it will be difficult to change the situation of fiscal poverty in the short term.

Second, businesses are in poverty: consumption is slowing and exports are sluggish.

Many brick-and-mortar businesses are now complaining about declining profits and are strapped for cash. In fact, there are three main reasons why enterprises complain about the shortage of funds: First, after three years of the epidemic, many ordinary people in China have reduced their income and reduced consumer demand, resulting in an increase in the inventory backlog of enterprises and the inability to return funds in time.

In addition, for export companies, affected by the global economic downturn, orders decreased significantly last year, and the profitability of raw materials has indeed become more difficult. Finally, most of the private enterprises are concentrated in some traditional industries, the market competition is becoming increasingly fierce, and the profit margin is getting narrower and narrower, so it is more difficult to make money.

The third aspect is the financial plight of the population: it is difficult to increase incomes and expenditures are constantly increasing. At present, many ordinary people in China are complaining about the lack of money, mainly because after three years of the epidemic, most people's incomes have not only not increased, but are declining.

In addition, some people are unemployed and at home due to layoffs or closures of their businesses, without a stable income**. At the same time, the cost of living, children's education, medical expenses, social activities and other expenses have increased significantly. Therefore, it is not difficult to understand that many families are facing the dilemma of unbalanced income and expenditure and are complaining about lack of money.

The question now is, since the financial constraints, the shortage of corporate funds, and the lack of money for ordinary people, in the past two years, the more than 50 trillion funds exceeded by our country have gone to **? In this regard, there are three main aspects:

First, some of the over-issued currency is used to help companies and financial institutions repay their previous liabilities to avoid systemic risk. However, debtors often choose to keep the funds in a bank rather than reinvest them after they have access to them. As a result, this part of the over-issued money formed a cycle, and most of it eventually flowed back to the banks, failing to enter social circulation on a large scale.

Second, a large amount of over-issued money lingers within the financial system. At present, there is a lack of profitability in the fields of real estate and project investment, and there are great risks. As a result, investor confidence is low, resulting in over-issued money remaining stuck in the financial system and not flowing into capital or commodity markets.

Finally, the over-issuance of money mainly goes to areas such as infrastructure projects and urban investment and construction. This is despite the fact that these are key national infrastructure projects, as well as urban investment and construction, which absorb a large amount of over-issued currency. However, in the short term, these funds did not reach the commodity market. Therefore, ordinary people did not feel much influence on this. Hotspot Engine Program