{"id":6883,"date":"2021-04-30T00:00:00","date_gmt":"2021-04-29T23:00:00","guid":{"rendered":"https:\/\/instrid.sk\/uncategorized\/preco-su-peniaze-v-obehu-dolezite-pre-ekonomiku\/"},"modified":"2021-04-30T00:00:00","modified_gmt":"2021-04-29T23:00:00","slug":"preco-su-peniaze-v-obehu-dolezite-pre-ekonomiku","status":"publish","type":"post","link":"https:\/\/instrid.sk\/en\/archiv\/preco-su-peniaze-v-obehu-dolezite-pre-ekonomiku\/","title":{"rendered":"Pre\u010do s\u00fa peniaze v obehu d\u00f4le\u017eit\u00e9 pre ekonomiku?"},"content":{"rendered":"V USA sa ekon\u00f3movia pozeraj\u00fa na rast hotovosti u \u013eud\u00ed pozit\u00edvne – predv\u00eddaj\u00fa vy\u0161\u0161iu spotrebu a teda v\u00e4\u010d\u0161\u00ed obrat v ekonomike.\n

Mno\u017estvo takzvan\u00e9ho obe\u017eiva v minulom roku prudko st\u00faplo tempom, ak\u00e9 sa naposledy odohralo po\u010das druhej svetovej vojny. V minulosti to bolo dobr\u00fdm znamen\u00edm pre ekonomiku, tvrd\u00ed publicista Jeff Cox vo svojom \u010dl\u00e1nku pre CNBS. \u010cl\u00e1nok sa venuje situ\u00e1cii v Spojen\u00fdch \u0161t\u00e1toch.<\/p>\n

Pod\u013ea \u00fadajov Feder\u00e1lneho rezervn\u00e9ho syst\u00e9mu vzr\u00e1stla celkov\u00e1 mena v obehu uprostred obrovsk\u00e9ho pr\u00edlivu pe\u0148az\u00ed od fi\u0161k\u00e1lnych a menov\u00fdch org\u00e1nov na 2,07 bili\u00f3na dol\u00e1rov<\/strong> (teda 2 070 mili\u00e1rd USD).<\/p>\n

To znamen\u00e1 n\u00e1rast o 11,6% oproti predch\u00e1dzaj\u00facemu roku a jedn\u00e1 sa o najv\u00e4\u010d\u0161\u00ed jednoro\u010dn\u00fd percentu\u00e1lny n\u00e1rast od roku 1945.<\/p>\n

Hlavn\u00fdm d\u00f4vodom bol n\u00e1vrh z\u00e1kona o stimuloch vo v\u00fd\u0161ke 2,2 bili\u00f3na dol\u00e1rov, ktor\u00fd vl\u00e1da USA schv\u00e1lila v m\u00e1ji, spolu s digit\u00e1lnou tla\u010dou pe\u0148az\u00ed Feder\u00e1lneho rezervn\u00e9ho syst\u00e9mu, v\u010faka ktorej do\u0161lo k n\u00e1rastu s\u00favahy centr\u00e1lnej banky o viac ako 3 bili\u00f3ny dol\u00e1rov.<\/p>\n

Ke\u010f sa zvy\u0161uje hotovos\u0165 v obehu, ekonomika naber\u00e1 nov\u00fa dynamiku<\/strong>.<\/p>\n

D\u00f4le\u017eit\u00fdm faktorom s\u00fa\u010dasn\u00e9ho obdobia bol obrovsk\u00fd dopyt zahrani\u010dn\u00fdch centr\u00e1lnych b\u00e1nk\u00a0 Hotovos\u0165 v obehu zvy\u0161uje aj potreba hotovosti v \u010dase neistoty.<\/p>\n

\u010casy ekonomick\u00e9ho nebezpe\u010denstva sa historicky kryli so zvy\u0161ovan\u00edm meny v obehu. Naopak, ke\u010f sa zhroma\u017ed\u00ed v\u0161etka t\u00e1to hotovos\u0165, m\u00e1 tendenciu h\u013eada\u0165 si miesto, kam sa ulo\u017e\u00ed, \u010do vedie k obdobiam priazniv\u00e9ho ekonomick\u00e9ho rozmachu.<\/p>\n

\u201eRo\u010dn\u00fd rast hotovosti v USA v obehu v\u017edy vrchol\u00ed na za\u010diatku hospod\u00e1rskych cyklov,\u201d uviedol vo svojej dennej spr\u00e1ve Nick Colas, spoluzakladate\u013e spolo\u010dnosti DataTrek Research.<\/p>\n

Tak\u00fd pr\u00edpad nastal v roku 1983, ke\u010f USA vy\u0161li zo svojej infl\u00e1ciou vyvolanej recesie; \u010falej v roku 1991, ke\u010f krajina prich\u00e1dzala z poklesu; potom v roku 2002 po vytriezven\u00ed z bubliny dot-com; a napokon v roku 2009, ke\u010f sa finan\u010dn\u00e1 kr\u00edza bl\u00ed\u017eila ku koncu.<\/p>\n

Pri pou\u017eit\u00ed z\u00e1kladnej ponuky pe\u0148az\u00ed v krajine M1 v t\u00fdchto do\u0161lo v rokoch 2002 a 2009 k pr\u00edslu\u0161n\u00e9mu rastu obehu o 9,6%, 10,2% a 9,8%.<\/p>\n

\u201eAj ke\u010f to m\u00f4\u017ee by\u0165 svojr\u00e1zny indik\u00e1tor, m\u00e1 za sebou sol\u00eddnu hist\u00f3riu ozna\u010dovania ekonomick\u00fdch zlomov,\u201d nap\u00edsal Colas. \u201ePri v\u0161etkom rozruchu o tom, ako pandemick\u00e1 ekonomika uprednost\u0148uje virtu\u00e1lne peniaze pred fyzick\u00fdmi, stoj\u00ed za zmienku, \u017ee dopyt po nich je na \u00farovni Y2K (tzv. Probl\u00e9m roku 2000, pozn. red.) a vy\u0161\u0161\u00ed ako ak\u00e1ko\u013evek in\u00e1 recesia. Toto d\u00e1va nov\u00fd poh\u013ead na my\u0161lienku „hotovosti bokom“ a perspekt\u00edvu, ktor\u00e1 predpoved\u00e1 zv\u00fd\u0161enie v\u00fddavkov spotrebite\u013eov v USA v nasleduj\u00facich mesiacoch.\u201c<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Mno\u017estvo takzvan\u00e9ho obe\u017eiva v minulom roku prudko st\u00faplo tempom, ak\u00e9 sa naposledy odohralo po\u010das druhej svetovej vojny. V minulosti to bolo dobr\u00fdm znamen\u00edm pre ekonomiku,<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-6883","post","type-post","status-publish","format-standard","hentry","category-archiv","two-columns"],"_links":{"self":[{"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/posts\/6883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/comments?post=6883"}],"version-history":[{"count":0,"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/posts\/6883\/revisions"}],"wp:attachment":[{"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/media?parent=6883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/categories?post=6883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/instrid.sk\/en\/wp-json\/wp\/v2\/tags?post=6883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}