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
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ทำไม เยอรมนี จึงเป็นประเทศแห่ง วิศวกรรม? / โดย ลงทุนแมน
“เยอรมนี” ประเทศที่เป็นสุดยอดแห่งความก้าวหน้าทางวิศวกรรม
ตั้งแต่เครื่องใช้ไฟฟ้า เครื่องจักร ยานยนต์ ไปจนถึงระบบอาณัติสัญญาณรถไฟฟ้า
เครื่องมือเครื่องใช้สัญชาติเยอรมันถึงแม้จะมีราคาสูง...
Continue ReadingWhy is Germany a country of engineering? / By Investing Man
′′ Germany ′′ the top country of engineering advancement
From electrical appliances, automotive to mandatory system, electric car signals.
German Citizenship Tools Even With High Prices
But it comes with more performance, durability and innovation than anyone.
Many companies that are even over 100 years old.
But these German brands still guarantee their unmatched quality and expertise.
And where does Germany's engineering progress come from?
Welcome to the article series ′′ Branding the Nation ′′ branding instead of country.
Episode why is Germany a country of engineering?
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Investman wants to take everyone back to the 19th century industrial revolution era.
As many people already know that
Britain is the first country in the world to have an industrial revolution since July. B.E. 1780
Followed by Belgium and France
While the economy of other countries in Europe is turning through to progress.
Germany just reunited countries by land which is now Germany. Just completely united for the first time on July. Year 1871 which is the same as the reign of King Rama 5 of the Kingdom of Siam.
From the gathering of German tribes led by the Northern Prussian Kingdom.
With little and big south under the lead of Emperor Wilhelm 1
And Prime Minister Ottoffon Bi Mark
The industrial revolution later made Germans not want to waste their time. Try wrong, try right.
To develop the country to thrive.
The important thing in this regard is to put the process of education and research systematically, therefore, the government puts ′′ education reform ′′ first.
Even many European countries have founded the university since medieval times.
But Europe's academics won't be much involved in the business and industry.
Academics are posing as ′′ gentlemen ′′ not doing business and not messing with industrial sector.
The mechanics, technicians, or anyone involved in the industrial sector will be seen as lower than academics.
But German education doesn't look that way..
With Germany's absence of colony and its revolutionizing industrial slower than many countries.
The only thing that could make the Empire that was recently advanced further than others.
It's scientific advancement, especially in ′′ applied science
Under the lead of Bismarck, huge educational budgeting occurred.
Educational welfare is founded in technical college.
Educational emphasis on Technician and Engineering Career Specifically
Berlin's Technical College of Berlin was established in Year B.E. 1879
Developed from the college of mining that was founded in kho. B.E. 1770
This place is currently the Technical University of Berlin (Technische Universität Berlin)
Apart from Berlin
Technical universities are also established at other states around the country during the evacuation time.
Technical University of Darmstutt, established in July. B.E. 1877
Hannopher Technical University established in July B.E. 1879
Having a unique university in Technician and Engineering
Make a lot of workforce and technicians
When these workers graduate, they can enter into industrial sector immediately.
Government also supports universities to cooperate with industrial sector.
There is a collaborative research between academics and businessmen in industry circles.
Engineering research is easily implemented in the business world.
When businesses can make profit, they give money back to support research.
Later on, many big companies start having their own research and development institutions.
Germany's engineering development is growing in a leap.
Especially in the steel industry.
The German Empire Steel Industry Center is located around the Roore River Valley.
Aka Ruhrgebiet (Ruhrgebiet) which is west of the country.
This area is a major source of iron and coal mineral, with an epicenter in Esseen.
But originally, most steel industries use mild steel, these iron are fragile.
Make it not yet applied for much use.
For steel to be stronger and more durable, it is necessary to transform the chemical structure of steel by fusing and filling the mineral into steel.
But ironing requires a very high temperature at the moment, no effective and cost effective stove for production.
How to produce Siemens-Martin Steel
Which was invented in July. 1865 by 2 researchers
One of them is German named Sir Carl Wilhelm Siemens
Created an accelerated steel squid oven that can heat up to 1,500 degrees Celsius.
It's called a pan stove or open hearth furnace.
With education system that strongly connects research and industrial sector.
Not long ago, German steel company brought a new refiner.
xỳāng rwdrĕw application in the steel industry
Led by steel company called ′′ Krupp ′′
Krupp company founded by the Krupp family has a history back to mid 16th century.
There is an office located in Esseen during which German railway expands rapidly.
Esen City becomes the center of the steel industry.
Krupp company also leads to manufacturing metal-based products such as railroad tracks and locomotives.
Alfred Krupp has funded research to find out how to produce steel.
Scholarship to the scholars when a new refiner comes out successfully.
Krupp company has become a leader in global export steel production.
From railroad tracks, development to machinery and factories.
Not long ago, Germany was on board, Europe's major steel manufacturer overtakes England.
Krupp company currently has merged with Thyssen steel company.
Became a ′′ Thyssenkrupp ′′ company.
Even the steel industry is going to lower the role.
But Thyssenkrupp has continued to be a leader in engine parts.
Aircraft, elevator and escalator components.
Apart from the steel industry, another industry in which German engineering knowledge has advanced over many countries during the same time is the electrical industry.
Led by a company called ′′ Siemens ′′
Founder of this company is Werner von Siemens Berlin electric engineer
This is the real brother of Sir Carl Wilhelm Siemens who invented steel production methods.
Werner von Siemens has automatically invented a typed telegram system.
Instead of knocking, using Morse code, then founded Siemens company in July. B.E. 1847
Siemens company has expanded its business across Europe and USA.
Werner von Siemens also the world's first electric elevator developer in July. B.E. 1880
The inventor of mechanical dynamo that transforms mechanical energy into electric energy.
And build an electric bus or Trolley Bus in July. B.E. 1882
Siemens are currently the world's leading electrical engineering company.
There are a variety of products from electronics, electric car, medical tools.
Electric train signal system to wind turbine technology
In addition to Thyssenkrupp and Siemens, the brand is under 100 years old.
Germany also has many engineering companies that all have the same age.
The whole Leica company founded in July. B.E. 1869
Expert in the production of eyelet lenses, medical devices and cameras.
AEG company founded in July. 1883 Manufacturer of large generator and tram system
Osram company separated from Siemens in July. Prof. 1909 is a leader in light bulb technology.
Dedication to developing applied science education and connecting to the business sector, opens new advancements in engineering.
And bring Germany to step up, standing in the front line of the world's leading industrial countries.
But not only the advancements in the steel and electrical industry.
Founded Technical University will produce important people in the science industry.
To take Germany to open the world into a new industry.
Industry that will forever change people's lifestyle
′′ The chemical industry "..
Prepare to meet the article series ′′ Branding the Nation ′′ to build brand instead of country.
In the next episode coming soon..
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Love this article. Must read this book.
′′ 1,000 year world economy ′′
If you want to know the possibilities of the world economy, you need to understand
1,000 year world economy, 6th print.
This book will talk about the history of the world economy since Fri 1100 Keep going until 1100 B.E. 2019
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References
- Robert C. Allen, World Economic History
- Chattip Nak Supha, History of Comparative Industrial Revolution
-.. .. Chachphon Kolkathada, a war that never won.
-https://en.wikipedia.org/wiki/Open_hearth_furnace
-https://www.thyssenkrupp.com/en/productsTranslated
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บริษัทเทคโนโลยีทุกสาย กำลังมุ่งหน้าเข้าสู่ธุรกิจเกม /โดย ลงทุนแมน
อุตสาหกรรมเทคโนโลยี คือผู้ขับเคลื่อนโลกยุคนี้ อย่างไม่ต้องสงสัย
เพราะไม่ว่ามองไปทางไหน สิ่งต่างๆ ที่อยู่รอบตัวเรา ล้วนเกี่ยวข้องกับบริษัทเทคโนโลยีทั้งสิ้น
Amazon ให้บริการแพลตฟอร์ม E-commerce...
Continue ReadingAll tech companies are heading into game business / invest manly
The technology industry is undoubtedly driving the world.
Because, wherever you look, things surrounding us are all related to technology companies.
Amazon provides e-commerce platforms
Alphabet, Google's mom company, search website, information.
Apple sells electronic devices such as iPhone, iPad
Facebook dominates social media platforms market.
Microsoft Develops Operating Systems and Computer Software
But did you know that there is one thing these companies are paying attention to?
That's the ′′ game business
What are tech companies doing about the game industry now?
Invest man will tell you about it.
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First start at Amazon
Amazon company has invested in the game business since 2014 after acquiring Twitch business, online video platform, game containers with 29,000 million baht.
Passing through now, Twitch has grown beyond the competitors clearly.
9,340 million hours a year videos are viewed by 73 % of the market.
In addition, they have a business called Amazon Web Services (AWS) that provides cloud database storage, which major game developers such as Bandai, Capcom, Epic Games, Supercell, Zynga are the company's customers.
Meaning that every time people play online, AWS services are also being used.
And most importantly, this business has much higher profit margins than E-commerce.
Next one is Alphabet
The company owns YouTube, the world's biggest online video platform, with about 250 million game-related followers per day.
In addition, YouTube has also launched a YouTube Gaming feature to support streaming games especially.
There are 2,681 million hours of video viewing per year. The market share of 21 % is the number 2, secondary from Twitch.
But what creates a lot of excitement for the industry.
Is Launching a cloud gaming platform business named Stadia at the end of 2019
This service may change the gaming patterns as we can buy games immediately. No need to download, install or need to use a good, expensive spectrum. Stadia will process and adjust the game quality details to suit the devices that people. Play and use.
The next company to talk about is Apple
In fact, indirect income game for Apple.
In 2019, there are people who spend in game application via App Store. App Store is about 1.2 trillion Baht. It is 70 % of all apps. Every 100 Baht will receive a share of 30 Baht.
Apple decided to expand its business to the gaming industry.
By launching an online gaming platform called Apple Arcade
Subscription subscriber, 150 baht per month. You can choose to play any game on every device of Apple brand.
There is an assessment that in the next 2 years, there will be around 50 million accounts of Apple Arcade users who will make additional income for the company over 93,000 million baht per year.
Another interesting one is Facebook.
Facebook has launched a 2018 Facebook Gaming online video feature.
Focusing on connecting to social media user base to create an advantage for people to follow contents easily under the same platform.
The company reveals 700 million video game visitors per month.
However, compared to the number of hours, Facebook Gaming also has a market share of only 3 %
But in the future, Facebook may develop new businesses similar to Google's Stadia.
Because I just bought PlayGiga business, cloud-based platform from Spain for 2,400 million baht.
And the eye-catching thing is Oculus VR owned by VR, a virtual reality technology developer with a high chance of making Facebook create successful virtual reality gaming devices.
The last part is Microsoft
Microsoft has been in the gaming business since 2001, as an Xbox gaming console developer that currently has total sales of more than 155 million machines.
And in 2016, the company launched a streaming platform named Mixer.
But the response is not as expected. There is only 3 % market share.
Get Microsoft to turn off this platform this July and rock the account with Facebook Gaming instead to collaborate with Twitch and YouTube.
In addition, Microsoft is also undergoing a cloud gaming business development. It is expected to be launched by XCloud this year.
All of them have businesses involved in gaming either way or anyhow.
But I have to say..
No matter how fierce the competition is, no one can compete with the real game owner like Tencent, Chinese tech company.
Because they have created or invested in a loud game with many players around the world like Fortnite, PlayerUnknown's Battlegrounds, Arena of Valor (RoV), League of Legends, Honor of Kings, Clash of Clans
Resulting in Tencent reigning the industry's highest position. Earning up to 612,000 million baht from the game business.
Arrived here. Many people may wonder why the game market is so interesting in the eyes of tech companies?
What these companies need is inevitable bringing their technology into consumer hands to build a strong user base.
Gaming business is becoming a very large industry.
From the world population of 7,800 million people, there are 2,700 million people playing games or around 35 %
Covering people of all ages and all devices whether it's mobile, computer or game console.
So, the game market is worth up to 4.7 trillion baht and it predicts that the number will grow to 6.2 trillion baht in 2023
The special thing is gaming people always pay to buy unlimited items or features.
Different from other markets where customers may buy limited amounts of money or subscription payments which are always the same.
And the company can also offer products to customers directly in real time. When order happens, players get items immediately. Game owners get paid at the same time.
While buying normally, consumers may have to shop at the mall or wait for delivery later. The seller may have a central or multi-layer dealer to get paid and also to manage inventory.
Including game owners and players can also do game-changing activities such as gamecast reviews or serious Esports to win prize money.
This is not surprising if it says in the near future, the game market where humans pay virtual purchases.
Could be bigger than any physical product market that is tangible..
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References
-https://edition.cnn.com/2020/06/28/tech/google-stadia-apple-arcade-mixer-gaming/index.html
-https://www.protocol.com/tech-gaming-amazon-facebook-microsoft
-https://www.geekwire.com/2019/microsofts-mixer-grows-audience-amazons-twitch-continues-dominate-streaming-market/
-https://aws.amazon.com/gametech/
-https://en.wikipedia.org/wiki/List_of_best-selling_game_consoles
-https://www.reuters.com/article/esports-business-gaming-revenues/report-gaming-revenue-to-top-159b-in-2020-idUSFLM8jkJMl
-https://www.digitalinformationworld.com/2020/01/global-consumers-spent-over-83-billion-on-mobile-apps-in-the-last-12-months.html
-https://en.wikipedia.org/wiki/Tencent#Video_games
-https://www.statista.com/statistics/983227/global-video-games-revenue-companies/Translated
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World's best motorcycle pants are RHOK (search Ebay for them) OK, whole lotta stupid in the comment section.....so let's clear a few things up. I have two GAY friends that I play LOL with REGULARLY and they both ONLY play female champs. So that was what I was basing my first JOKE off of......and I say in the video that it was a JOKE when I said it....in other words......I didn't think he was gay because he played only female champs....but the only people I know who ONLY play female champs ARE gay.....hence the joke. (I have someone accusing me of "backpeddling" to say it's a joke now.....but I say it in the video as well...so how is that "backpeddling"?)
It was only with afterthought that I noticed he looked very feminine for a guy and so did his male friend (boyfriend?). He has also never had a girlfriend. So it was only after noticing about 4 different gay character traits that I started to think...he probably IS gay. I never said that he was gay...because he plays a girl in a game. And yet again I can't believe how much common sense things I need to explain to the people leaving comments. Especially since I already say almost all of this in the vid.
Got a few people saying the title should use "was" instead of "were". I'm correct in using "were". Link: http://en.wikipedia.org/wiki/English_subjunctive
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