14067 executive order digital currency Overview

First, the basic position of the stock capital marketThe stock market also has the function of resource allocation. The rising stock market can guide the flow of funds to enterprises with good efficiency and development potential, and realize the optimal allocation of resources. When the stock price does not rise, the flow of funds may be stagnant or disorderly, and those high-quality enterprises that should have been supported by funds may be ignored, resulting in waste of resources and inefficient allocation.Summary: The stock capital market occupies a fundamental position in the financial system. It is not only a barometer of macro-economy, but also has important functions of capital aggregation and resource allocation. Other derivative financial products exist and develop on the basis of the stock market. When the stocks in the stock capital market do not rise, derivative financial products are like rootless trees, lacking the basis of value change, the trading volume decreases, the risk is amplified, and the meaning of existence is almost lost, which is equivalent to zero. This also reminds us that while paying attention to derivative financial products, we can't ignore the cornerstone and root of the stock capital market.

Stock capital market: if the stock price base does not rise, all other derivatives will be zero.First, the basic position of the stock capital market2. The function of capital accumulation and resource allocation in the stock market.

Second, the dependence of derivative financial products on the stock market2. The relationship between the market base of derivative financial products and the stock market.Stock capital market: if the stock price base does not rise, all other derivatives will be zero.