A well-known overseas Chinese blogger claimed that prices will rise after the New Year, and the reason is simply that the central bank "printed a lot of money" 😂😂😂.

But anyone with a little financial knowledge will know from history that this simple logic does not hold. For example, the United States printed about five times more money after the 2008 financial crisis, and Japan also printed about 2-3 times more money after the bubble economy burst. However, there was no large-scale inflation in the United States at that time, and Japan had no inflation for 30 years.

The main force driving the CPI increase comes from the macroeconomic environment. To put it bluntly, the printed money must really enter the pockets of ordinary people before it can affect consumption and prices. But friends in China should be very clear about the current economic environment-the unemployment rate continues to rise, mortgages have to be repaid for decades, consumer demand continues to decline, and in a market of more than one billion people, prices can rise just like that? It's really like talking and farting😁