Recently, China's broad money M2 has shocked the world by breaking through the 300 trillion yuan mark. This figure has instantly become the focus of the world. Especially in a simple comparison with the US money supply, it seems to indicate the huge scale of China's money supply, and even triggers the fantasy of "superior purchasing power". However, this intuitive comparison of numbers actually ignores the deep logic of China-US monetary statistics and the fundamental differences in the financial ecology of the two countries.

Statistical caliber: the truth behind the difference

China-US M2 statistics are like two very different pictures. China's vastness covers multiple financial elements such as margin, money funds and even provident funds, while the US M2 is more focused, only locking in small deposits, and margin and provident funds are not included. If China's M2 is measured by the US yardstick, its amount will be greatly reduced, and the gap between the two countries will also fade.

Its full picture. Therefore, it is difficult to see the full picture of the money supply of the two countries with only the mirror of M2.

Monetary phenomena under the epidemic: a comparison between tightening and inflation

Under the epidemic, China has become a safe haven for global commodities, with a surge in demand, while the money supply has unexpectedly tightened, and the CPI has continued to be sluggish, demonstrating the delicate balance between China's monetary policy in stabilizing the economy and preventing risks. In contrast, in the United States, the money flood has become a disaster, inflation is like a tiger coming down the mountain, and the economy is under pressure.

Future Outlook: Active policies, steady progress

Facing the new normal of the global economy, China's financial policies are brewing new changes. With the Fed's expectations of rate cuts and the reduction of pressure on the RMB exchange rate, China is expected to usher in a more active financial policy aimed at stabilizing asset prices, getting rid of the haze of deflation, and ensuring that the ship of steady economic growth breaks through the waves.

In short, the competition between China and the United States in terms of money supply is far from as simple as a digital game. Only by deeply analyzing the subtle differences in the monetary statistics of the two countries, the unique structure of the financial market, and the profound logic of monetary policy can we understand the economic pulse and future direction behind it. #新币挖矿DOGS #MtGox钱包动态