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#LettersToPrison｜"However dark it is in there, you have to rely on yourselves and understand the real meaning of “endurance” amid all the hardship."
Read more: https://bit.ly/3eDlaBq
"在入面幾黑暗，都係要靠自己，幾辛苦都要學識一個字「忍」。"
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ทำไม มาตรการ QE ของสหรัฐ ไม่ทำให้เกิดเงินเฟ้อ ขั้นรุนแรง /โดย ลงทุนแมน
Quantitative Easing หรือที่เรียกสั้นๆ ว่า QE
คือเครื่องมือหนึ่ง ที่ธนาคารกลาง ใช้ในการกระตุ้นเศรษฐกิจ
โดยการอัดฉีดเงิน เพื่อเพิ่มสภาพคล่องให้ระบบเศรษฐกิจ ในภาวะเศรษฐกิจชะลอตัว
...Continue ReadingWhy U.S. QE measures don't cause severe inflation / by investman
Quantitative Easing aka QE
Is one tool that central banks use to stimulate the economy.
By pumping money to increase liquidity for the economic system in slowing economic progress.
But the result that many people worry about is.
Amount of money will rise in the economic system which will bring inflation.
And may be severe to severe inflation aka ′′ Hyperinflation
We have seen many countries do QE hard.
Will this lead to severe inflation in the future?
Investing man will try to analyse it.
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First, let's understand the meaning of Hyperinflation.
Hyperinflation is a condition where product prices rise quickly.
Makes the country's money value go down dramatically
Why the value of money goes down
As a result, lots and lots of money flowing into the economy.
Compared to the same amount of goods and services in the economic system.
Price increases product prices quickly
An example of past severe Hyperinflation incident.
Such as in Hungary and Venezuela
Hyperinflation in Hungary happened in 1946
During that time, Hungary was heavily damaged by WWI.
Especially various infrastructure systems.
The Hungarian Government has shortage of budgets in economic revival.
So I decided to print a lot of money to repair the city's home and stimulate the economy.
Making money in Hungary's system is increasing tremendously.
As much as the amount of money increases, the domestic products are still the same.
So it makes inflation rise quickly
Hungary average product prices increase to 2 times in 15 hours.
By the moment of Hyperinflation
Hungary inflation rate rises to 150,000 % within one day.
Venezuela part of year 2019
Venezuelan inflation rises to 10,000,000
The cause of this story is similar to the case of Hungary
Well there is excessive economic system injection
Both to stimulate a slowing economy from low petrol prices.
Including to use for government's populist policies
We'll see that all 2 events have one thing in common.
Well there is a huge economic system injection.
Which leads to hyperinflation
Back at present COVID crisis-19
Many countries have measures to stimulate the economy.
With lots of money pumping into the economic system
US Central Bank
Using unlimited amount of QE measures
From the original designated price of about 22 trillion baht per year.
Central Bank of Japan
It's another country that uses unlimited amount of QE measures.
From the original designated, about 24 trillion baht per year.
European Central Bank announces more projects
In acquisition of emergency assets worth over 27 trillion baht.
It will see that many countries are now pumping a lot of money into the system.
And in many countries, I used to do heavy QE before.
For example, the case of the USA.
There has been a lot of money pumping into the economic system in the past 10 years.
Since the 2008 US Real Estate Bubble crisis.
Interesting is that US inflation rates aren't adjusted to much higher like the cases of Hungary and Venezuela.
2010 US average inflation rate equates to 1.6 %
2019 US average inflation rate equates to 1.8 %
Japan is another country where xỳāng h̄nạk measures are taken.
But inflation is still at low near 0 % as well.
Why is the story like this?
This phenomenon is partly because
US and Japan central banks make QE through asset purchases.
Both bonds, shares, loan from commercial banks.
And commercial banks are responsible for re-releasing money into the economy.
But what happens is that commercial banks don't forward the money they get from central banks.
To the business and household sector as everyone thought at first.
The cause is because during economic recession or slowdown.
Household sector tends to save money rather than bring money to spend.
Due to insecure future economic
For example, in USA.
The deposit amount in the COVID-19 pre-birth system is around 416 trillion baht.
But when COVID-19 goes viral, deposits in the system increase to almost 500 trillion baht.
Within just a few months
Meanwhile, a bad economic situation.
Making selling business sector products and services difficult.
Making production and service still very much available.
Business sector may not require a loan to expand business.
Enough demand for products and services doesn't increase higher.
Well, things don't go much higher.
Even with lots of money in the system
Another point is.
Countries with large economies like USA and Japan
Own the world's main currency with high credibility.
Most people still believe and still demand to hold these currency.
In conclusion, if you ask for QE making of big countries today.
Will it lead to severe inflation in the future?
I have to say that this problem can be difficult for big countries like USA and Japan.
But the point is, this plague crisis doesn't know when it ends.
And countries inject money log in
For a country which is economically stable as a big country, it might be careful.
Because those countries may have severe inflation, different from this case..
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References
-https://en.wikipedia.org/wiki/Hyperinflation
-https://nomadcapitalist.com/2014/04/20/top-5-worst-cases-hyperinflation-history/
-https://www.businessinsider.com/hungarys-hyperinflation-story-2014-4
-https://en.wikipedia.org/wiki/Hyperinflation_in_Venezuela
-https://www.thestreet.com/investing/federal-reserve-unveils-unlimited-qe-to-confront-coronavirus
-https://www.schroders.com/en/bm/asset-management/insights/economic-views/bank-of-japan-ramps-up-qe-again-amid-dismal-outlook/
-https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
-https://www.focus-economics.com/countries/japan/news/inflation/core-consumer-prices-hold-steady-in-june-in-annual-terms
- https://www.ecb.europa.eu/pub/projections/html/ecb.projections202006_eurosystemstaff~7628a8cf43.en.html#toc3
-https://www.economicshelp.org/blog/2900/inflation/inflation-and-quantitative-easing/
-https://fred.stlouisfed.org/series/DPSACBW027SBOGTranslated
Please Stand with Hong Kongers. 🙏🙏🙏🙏
#Repost @nytimes with @get_repost
・・・
Chanting slogans like “Liberate Hong Kong,” thousands of people in Hong Kong flouted a police ban on Thursday as they gathered to memorialize the Tiananmen Square massacre, a striking display of defiance against Beijing’s tightening grip on the territory.
The public displays of anger and grief took on greater meaning this year amid a push by China to impose broad new security measures that take direct aim at the semiautonomous territory’s antigovernment demonstrations. In what critics see as the government’s latest attempt to curb dissent, Hong Kong on Thursday passed a law making it a crime to mock China’s national anthem.
On every June 4 since 1990, huge crowds in Hong Kong have joined in a vigil to remember the loss of lives, and the loss of ideals, in Tiananmen Square in 1989, when Chinese tanks and soldiers crushed a monthslong protest in Beijing calling for democratic changes to China’s one-party rule.
This year, for the first time, Hong Kong officials banned the annual vigil, in an effort, they said, to curb the spread of the coronavirus.
Tap the link in our bio to read the latest in this developing story. Photo by @lamyikfei.
《daydream》
声色 / Kowairo / 聲色 / Mimicry
作詞 / Lyricist：TK
作曲 / Composer：TK
編曲 / Arranger：TK
歌 / Singer：Aimer
翻譯：澄野（CH Music Channel）
意譯：CH（CH Music Channel）
English Translation: Thaerin
背景 / Background - Aqua - oo6 :
https://www.pixiv.net/artworks/83372096
版權聲明:
本頻道不握有任何音樂所有權，亦無任何營利，一切僅為推廣用途。音樂所有權歸原始創作者所有。請支持正版。
Copyright Info:
Be aware this channel is for promotion purposes only without any illegal profit. All music's ownership belongs to the original creators.
Please support the original creator.
すべての権利は正当な所有者/作成者に帰属します。あなたがこの音楽（または画像）の作成者で、この動画に使用されたくない場合はメッセージまたはこのYoutubeチャンネルの概要のメールアドレスにご連絡ください。私はすぐに削除します。
如果你喜歡我的影片，不妨按下喜歡和訂閱，你的支持就是我創作的最大原動力！
If you like my videos, please click like and subscribe! Thx :)
粉絲團隨時獲得最新訊息！
Check my Facebook page for more information!
https://www.facebook.com/chschannel/
中文翻譯 / Chinese Translation :
https://home.gamer.com.tw/creationDetail.php?sn=5051552
英文翻譯 / English Translation :
https://www.lyrical-nonsense.com/lyrics/aimer/kowairo/
日文歌詞 / Japanese Lyrics :
幻に怯えている
誰かの声飛び散る今
置き去りの衝動がほら
寂しそうに枯れていく
私は今日誰になって 君の中で壊れていく？
届けば届くほどに
虚しさに気づかされた
幻の残酷さを
ありふれた奇跡 その儚さが
裸の私の意味を締め付ける
私は今日誰になって 君の中で溺れていく？
届けば届くほどに
広がる視界に心は狭くなって
広がる世界を不安が満たした
広がる視界に心は居なくて
怯えた私の声は今も聞こえていますか
私を見て 幻じゃなくて
私を見て 奇跡じゃなくて
曝け出しても 裸じゃなくて
生み出しても 産み出しても
私じゃなくて怖いよ
羽ばたけるかな
中文歌詞 / Chinese Lyrics :
畏怯幻影的形跡
某人的聲音，如今正飛散消逝
你瞧，種種背棄在後的衝動
那份，孤寂落寞、乾涸枯萎的慘狀
「今日我又將以何等姿態，於你心頭潰爛？」
越是接近你，越於你心中逐漸分崩離析
如今才因種種空虛憶起
空有的幻想，是多麼殘酷無情
誰都能夢見隨處可見的奇蹟，多麼華而不實
賦予身無一物的我名為「生存意義」的枷鎖
「今日我又將以何等姿態，於你的心中沉淪呢？」
越是接近你，越是陷溺其中
放遠的視野中，卻伴著狹隘閉鎖的內心
廣闊的世界中，卻堆砌滿溢著焦慮不安
開闊的眼界中，惟不見一絲情感殘留
你是否仍能聽見，我那膽怯顫抖的聲音呢？
請你看著我吧，證明我既非幻影
請你看著我吧，證明我亦非奇蹟
即使曝光所有一切，也並非一無所有
但即使降生於世、歷經無數次重生——
「卻都無法成為我自己啊，我好害怕......」
這樣的我，終能展翅翱翔嗎？
英文歌詞 / English Lyrics :
I’m fearing an illusion. At this moment, someone’s voice flies about.
My abandoned urges, you see… wither away so lonesomely.
Who will I become today… in order to break apart inside you?
The further and further I reach-
The futility of it all made me realize the cruelty of that illusion.
The fickle nature of common miracles
Constricts the meaning of my naked form.
Who will I become today… in order to drown inside you?
The further and further I reach-
Amid an expanding view, my mind grows narrow-
Amid an expanding world, my uneasiness came to fruition.
Amid an expanding view, my mind is nowhere to be found-
Can you still hear my frightened voice, even now?
Look at me, not that illusion.
Look at me, not those miracles.
Even if I’m exposed, I won’t be naked.
Even if I recreate myself… recreate myself…
I won’t be me; I’m so afraid.
I wonder if I can still flap these wings…
Source: https://www.lyrical-nonsense.com/lyrics/aimer/kowairo/
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