The prices of raw materials such as copper, aluminum and iron have risen sharply. How will this affect our lives?

The most direct impact is the rise in commodity prices and the increase in living costs.

After the year, the demand for resumption of work and production increases, and the price increase of these raw materials is inevitable.

But there is still a problem, that is, the US government's currency manufacturing. It can be said that the US dollar is the world currency. The money was used by the American government to solve the domestic economic problems in the United States, but it was thrown to the whole world. In the absence of any increase in market materials, the inevitable consequence of currency increase is price increase. If it gets worse, it is inflation.

You can complain about the unkindness of the American government, but it won't change this established fact. So for us ordinary people, the happiness of life will decline again.

First, the prices of all commodities are actually in a dynamic equilibrium. When one price goes up, the others will naturally go up.

There is a joke that goes like this:

The price of green onions in the market went up, and then someone went to buy flour, and the flour seller also went up. Then people ask, what is the relationship between the price increase of onions and your flour? The flour seller said, because I want to eat flour. Then the flour seller went to buy food, and the fish seller also increased the price. The fish seller said he wanted to eat flour. Then the fish seller went to buy seasoning, and the price of seasoning also increased, because the seasoning seller wanted to eat fish?

As can be seen from this joke, two seemingly unrelated industries are actually inextricably linked. Therefore, no matter which industry raises prices, it may trigger a wave of market price increases.

Second, commodity prices have risen and the cost of living has risen. If our income has not changed, it is equivalent to making less money in disguise.

As office workers, if we don't even have basic resources, then the rise of this commodity is to lower the quality of life in disguise and earn less and less.

The income is unchanged, the cost of living has increased, and more needs to be paid. Natural life cannot be as comfortable as before.

In this way, if you experience this rise several times more, your originally rich life will be stretched, and you can only sigh that it is getting harder and harder to make money.

This is actually a very simple economic truth, and everyone will calculate this account, but they just can't explain why.

The living standard of Americans has been preserved, and the sequela is to let people from other countries pay the bill. People in other countries can't even pay their bills. This is the role of the dollar as an international currency.

I hope our RMB internationalization can be faster, and we don't have to be led by others.

I feel overwhelmed when I think about it. Why? Our life is influenced by the economy of a country that we have never been to.