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The Relationship Of Fictitious Economy And Real Economy

Posted on:2006-01-26Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y PanFull Text:PDF
GTID:2179360155463050Subject:Political economy
Abstract/Summary:PDF Full Text Request
It is the form and relationship of fictitious economy and real economy, which make up the system of new modern economic.Along with the fictitious capital rapid growing, the security markets grows rapidly. In the environment of rapid growing of fictitious capital and security markets, lots of high technical firms in USA grow highly, which lead to flourish of new economic. As the Bubble economy breakdown at the beginning of ninth decades of 20th century, Japan still keep himself as a well developed country. Only depending on it's well manufacturing. There is lots of anomalies, as the growing of fictitious economy. Thus, it is very useful for us to research relationship of the fictitious economy and real economy to control the fictitious economy acting better. The fictitious economy acts in the security markets, and the psychological anticipation control the security markets. So, we can afford more helpful method to macro economy researching, by researching the relationship of fictitious economy and real economy from point of psychological anticipation. At the same time, can also realize the different functions of fictitious economy and real economy.The last purpose of this article is to offering a new way, by which we can realize and control the growing of fictitious economy easily for government.By researching the relationship of fictitious economy and real economy, the writer can realize as follows: 1. The growing of fictitious economy itself has its own way, and it different fromwhich the real economy has. The scale of the fictitious economy is controlled bythe fictitious economic markets. The price of fictitious capital, such as stock, iscontrolled by the psychological measure of investors. Individual investors have different information and interesting, and they will make individual choice when choose a stock for investing. The fictitious capital markets are more controlled by the psychological measure of investors, as the investors can gain some information from the macro economic environment. In this way, they can affect each other. But, usually, it can not affect the fictitious capital market exactly, on the other side, it has little effect on the fictitious capital market during the macro economy environment stabilized.2. As the fictitious capital has no value, it can not create the wealth, either. With the confirming of the fictitious capital, it only create virtual value, but not real value. For instance, exceeding issuing of monitory notes can lead to inflation, but not increasing of wealth. As a country should not pay most of his energy to research the fictitious economy, which can even not gain real wealth.3. The security markets can not show the economic environment growing. The difference of real economic and fictitious economic do exist, and it will be stay with the growing. It will really exist in economic environment, even throw off the special economic background of our own country, and it is necessary. The special economic background only accelerates the degree of departure.4. At the 4th chapter of this article, the writer realized that it is not helpful enough only by increasing money supply. But, as we all know, the monetary supply and demand can effect the security markets, we may change the way of the fictitious economy by monetary policy. And it is useless only by increasing the money supply, but can use other method.
Keywords/Search Tags:Fictitious Capital, Fictitious Economy, Real Economy, Psychological anticipation, Economic weatherglass
PDF Full Text Request
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