The growth of Xiaobai's financial management
Recently, I was watching the investment trilogy of the Tang Dynasty, and it was indeed written humorously and easily understandable, and at the same time, I had to admire the ability of the old Tang Dynasty to "turn into the middle"! The following is the digest of the Tang study, which is the Tang Dynasty's thinking about hard work and investment, I feel very inspired after studying, so I excerpt it for friends!
Another piece of data revealed this week may be able to push those who believe that hard work is more reliable than investing to rethink the strategic questions of life.
Yesterday, the central bank released the latest monetary volume data. At the end of February, the balance of broad money (M2) was 27552 trillion yuan, a year-on-year increase of 129%, a seven-year high.
Broad money M2 can be directly understood as "money" in our ordinary people's thinking. It is the sum of banknotes, coins, and deposits of all kinds, roughly those "money" that can be used directly as a means of payment.
If we look back 30 years ago at the end of 1992, the country's broad monetary aggregate was 152 trillion. By the end of 2022, it had grown to 2664 trillion, 175 times in 30 years, with an annualized growth rate of 188%。
At the end of 1992, China's total GDP was 272 trillion. The total GDP at the end of 2022 was 12102 trillion. 30 years 445 times, an annualized increase of 135%。
Broad money is money, GDP is goods and services, and the difference can be simply and crudely understood as inflation.
The growth rate of money exceeds the growth rate of the quantity and quality of goods and services, which reflects the growth rate of goods and services
This difference data is in this 53%。It means that if the return on your assets is less than that, you are essentially working for someone else every day.
You are responsible for catching the subway and communicating with each other, while others withdraw money steadily from your bank account day and night. People who don't have an investment mindset fall into the embarrassing situation of getting poorer and poorer and busier and busier.
It's not like the world looks wrong. Here's how the world has always worked: in the fiat era, cash was an asset that was 100% certain to lose money. This is common sense that any adult should have.
If you don't, you'll only be able to enjoy 24-hour back-to-back and counter-to-mouth robbery.