Has China fallen into the Keynesian trap? What matters is examples. There is no reason to short or copy the Party. I've read a lot online, hoping to be an economic god!

Although there are no examples, I still want to say something, hoping to inspire you. There were five interest rate cuts in 20 15 years, one interest rate cut and one RRR cut in 16 years. (I don't know if I remember correctly) The interest rate is undoubtedly at a very low level since the founding of the People's Republic of China (refer to the benchmark interest rate 10 or above). At the same time, the expected growth rate of GDP is also decreasing. Phenomenologically, China fell into the Keynesian trap. The basic principle that interest rates affect returns is 1. The reduction of savings interest rate urges people to look for investment opportunities with higher returns, which can contribute to income. The expectation of inflation makes people spend in advance to stimulate domestic demand. Personally, I think this can only be achieved if people have optimistic expectations for the economy. Under the negative expectation, if there is no new growth point, (European countries need people, we need transformation, and we also need people. In the United States, because of immigration and low taxes, people are happy to have children, and the population is growing. There is no shortage of young labor and there will be no shortage of young people. ) income can only stand still or decline. Personally, I think it will be very ineffective to maintain low interest rates at this time, that is, to fall into the Keynesian trap.