I want to ask about the advantages and disadvantages of coupons.

anyway, I'll make a long story short: (Because I don't want to draw too many stories out of Lebanon, so I'll skip the part of econ theory that is unclear)

Let's talk about the basic situation first:

Now, due to the financial tsunami, the global economy has plummeted, mainly causing the credit of banks to tighten ... and so on.

The decline in income leads to the decline in consumption. Because the income is expected to be small, everyone will say that

it is a decline in consumer confidence.

what is the essence of vouchers?

The consumption volume is an alternative currency, a currency with a long maturity, which is similar in nature to a check but fundamentally different from it. The difference is that the purchasing power of checks comes from the support of cash deposits, while the consumption volume may not have the exact amount of cash support. Moreover, the cost of cashing consumption coupons is often higher than that of cashing checks, so the purchasing power of consumption coupons with the same amount is generally lower than that of checks.

Get to the point:

Benefits of coupons

The benefits of coupons are that consumers can gain purchasing power on top of their normal income, thus increasing the amount of personal information (numerically). Because a country's economy is mainly composed of four parts, namely, C (personal consumption)+I (investment behavior, generally referring to all non-personal consumption)+G (*** capital)+trade deficit (X-M). Let's assume that other factors remain unchanged, and the above-mentioned increase in personal information will lead to an increase in C, and the number of GDP will be left-handed, and the GDP will be left-handed, which is not only good in data, but also has a snowball effect, which will improve the economy. Therefore, some people will suggest a way to * * * economy.

this method is reasonable and has many benefits. Unfortunately, the person who put forward this plan did not put forward the detailed implementation method of the consumption volume, so I will assume that there are three possibilities for everyone.

1. economic theory reads half a bucket of water, and studies the real economy from the perspective of Secondary Five Econ. From a personal point of view, do a good job in the economy.

2. clearly understand that the cash volume is difficult to control, which will harm Hong Kong.

3. There is a perfect plan, but others ask for it first.

as I said above, of course I am against people.

Disadvantages of economic paper:

First of all, it has been explained above that economic paper is a kind of currency. Regardless of its liquidity, issuing consumer paper is tantamount to printing money. The impact of printing money on the economy has long been proved in history. It will not only increase prices, but also reduce the stability of the currency exchange rate. As the saying goes, nothing is especially self-sufficient, and there is something to bask in. If there is another problem with the exchange rate of the Hong Kong dollar at that time, it will be very difficult to collect business.

in addition, it is a behavioral problem. Let me ask you a question first. When IKEA stores issue coupons, what do they do? Yes, raising the price/setting a lot of conditions for use has reduced the purchasing power/liquidity of the roll. In other words, some D stores may refuse to accept it, some D stores will set a lower consumption limit, and some D stores will limit the use of a certain D product. Make the consumption volume exist in name only, and do it for nothing. Moreover, finding money is also a big problem. For example, not everyone in 1 yuan will run out of 1, yuan in cash rolls. Some people may settle their accounts after buying goods from 95 yuan. Do you want to get the rest of 5 yuan back? If you get it back, who will exchange 5 for a piece of paper If you don't find it, * * * will return 1 yuan to the merchants, which will make * * * tantamount to sending money to the shops. Then study the new system? Where does the research cost come from?

furthermore, from a sociological point of view, where does * * * get its money? From the people, it is our pocket. What the message volume is made of is only the wealth re-distrubion of money, and it is also put into the merchant's bag. Does such behavior make sense? When the deficit reaches * * *, the tax will be increased again, so that the poor people's money will go into the rich people's pockets.

in my summary, there may not be any problem with the consumption paper itself. So long as there is a perfect system, why not implement it? However, the study of a perfect system requires a lot of money. Don't forget that the money for consultants is tens of millions. Therefore, high cost may not bring high efficiency, and now it will undoubtedly make the economy worse.

(Because I was in a hurry, I didn't have time to check once. I'll check again at night for reference. Thz, reference: me, BC. Econ., I think the simple D ~

distribution of coupons is intended to help small and medium-sized enterprises retail and other businesses, so as to avoid the tide of closure and lead to more people losing their jobs.

In the current economic environment, shops close down and close down almost every day.

It's only because everyone is worried that they won't be able to keep their jobs, and they will be fired, and they will save money and are unwilling to use it.

As a result, shops have no income or even lost money, and even closed down and closed down, which triggered a large number of employee planting tides. (e.g. U-right, Tailin, Muhei Sushi ... are all small and medium-sized enterprises, such as retail and food market)

Given the current economic environment, are unemployed people unable to find jobs? Is everyone going to receive comprehensive relief?

by then, * * * the amount of money to support the unemployed will definitely be much larger than the amount currently paid for consumer vouchers.

compared with the public, when there is 1 yuan, you may spend more than 1 yuan when you go to the store to spend money. If it exceeds the amount in 1 yuan, it means the income from consumption. Apart from the money that the left-wing citizens can use to wash away the money easily in the current environment, SMEs will have income, and the morale of their employees will rise. They can support SMEs to operate and temporarily stop the tide of closure.

normally, you have 1 cash coupons, and everyone has a mentality, that is, if you use them up, there will be nothing left, and it will be better than how little money you have. It is precisely because of this mentality that consumer coupons have both * * * consumption and utility. The gross national product problem

under c+i+g

c= a+b(y-t)

If Y rises, C rises, but the rise of Y is driven by the rise of G. If G rises, * * may be caused by two factors

The rise of G may be caused by *. It is possible to increase taxes (T) (personal income tax), such as the Galilee tax, which will make I fall, so C will fall. If we increase taxes, we can face financial problems. Driven by other factors, it is still too early to say that C will rise, but of course, if we increase taxes and pay all taxes, that is, balance fiscal policy, it will also make gdp rise (because there are other chain driving points).

2. The problem of production efficiency

Originally in the Keynesian school, increasing the expenditure of * * * can increase employment and promote the rise of C. However, if money is distributed directly, but no real goods or services are produced, that is, money is distributed. If there is little effect, if there is more, it may really lead to inflation, and the unemployment rate does not see any impact, so the efficiency problem may not necessarily shine.

3. Resource efficiency

However, if money can be distributed and divided equally, wealth resources can be distributed, and there will be no gap between the rich and the poor under competition. But at the same time, because resources are not distributed through price competition or efficiency competition, in economic theory, this situation will be called resource inefficiency, relative use price competition, or the concept that those who have the ability live in it.

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