Recently, the well-known economist Zhu Jiaming said in an exclusive interview that, of course, sending money can boost consumption, but it is necessary to solve the problem of residents' consumption expectations. In response to the question that when sending money domestically, more people might prefer to save money rather than spend it, Zhu Jiaming said that social and economic problems are the norm. “I'm not as pessimistic about spending as many people.” The mainstream consumption pattern in developed countries is to consume early, or even “eat more food.” Now, the “post-00s” spend their future with credit cards and other methods. If you spend tomorrow, you must pay back the bill. It's not about spending all of tomorrow; it's about spending moderately. Why are people afraid to spend tomorrow? It's because his expectations are wrong. Therefore, the government should seriously resolve the issue of residents' consumption expectations. To solve the problem of expectations is to solve the problem of residents' confidence in the future; to solve the problem of confidence in the future, it is necessary to resolve the basic security issue.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.