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2 thoughts on “wholesale beads and jewelry making supplies fire The inevitable relationship between the virtual economy and the real economy?”
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wholesale waterproof jewelry The real economy is hardware, and the virtual economy is software
It first figure out what the real economy is. Marx discuss the capital cycle process. First, use currency capital to exchange workers, purchase raw materials, machines, and build factories through exchange, and then turn into products through production. The products can be turned into goods through circulation. I think this process is the real economy. The virtual economy refers to economic activities related to the circular movement that the virtual capital is mainly based on the financial system. This is a profitable activity of monetary capital without the real economy cycle. Simply put, the virtual economy is a activity of making money directly with money.
The size of the virtual economy is much higher than the real economy. Since the 1980s, the average annual economic growth rate of the world is about 3 %, the annual growth rate of international trade has been around 5 %, the annual growth rate of international capital flow has been around 25 %, and the total global stock price has increased by 2.5 times. Essence According to the data of the International Monetary Fund and the World Bank, the total virtual economy of the world at the end of 1997 was US $ 140 trillion, and by the end of 2000, it was $ 16.6 trillion, which was generally 5 times the total of the world's GDP. The daily traffic volume of virtual capital around the world is about $ 2 trillion, which is about 50 times the average world trade amount. It is expected that with the development of e -commerce and electronic currency, the scale of the virtual economy will continue to swell.
The real economy is hardware in the economy, virtual economy is software in the economy, and they are interdependent relationships.
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