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Jingdong book

清华金融课

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清华金融课

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《清华金融课》以清华大学金融领域专家、学者的思想见解作为全书主线,总结清华金融学领域人才对于社会现象的金融学分析,为读者提供专业的金融学解析。阅读此书,读者能够从新鲜活泼的内容中理解经济和金融政策,拨开金融行业的迷雾,做出正确的融资、投资决策,开发出金融事业的新天地。
Catalogue

第一章 货币金融学
货币最重要的是流转起来
货币是有时间价值的
钱包缩水和货币超量发行
撬动经济的货币杠杆
令人费解的劣币驱逐良币
本位币和辅币,到底哪个是“真钱”
欧元开启的货币一体化
货币放久了会“过期”

第二章 投资金融学
让钱生钱的投资
笑谈打工与投资
投资的首要任务是保本
不盲从是理性投资的关键
黄金是最舒服的投资避风港
让专家帮你投资的基金
没有产品就能买卖的期权市场
投资领域最高端的外汇市场

第三章 生活金融学
令人烦恼的通货膨胀
怎么也追不上的CPI
恩格尔系数和储蓄理财
储蓄是最保守的理财方式
用买保险来理财
不靠谱的中国股市
储蓄=收入-支出VS支出=收入-储蓄
房屋贷款的是是非非

第四章 信贷金融学
次贷危机,信用崩溃的骨牌效应
社会越发达,个人信用越重要
子路受牛与高利贷
关乎个人“钱途”的失信记录
国家信用与国家债券
信用评级,公立机构的客观评价
超前消费的利与弊
消费信贷,银行帮你置办“陪嫁”

第五章 利率金融学
利息,使用资本的代价
复利,让财富滚雪球的法宝
卡着银行脖子的存款准备金率
银行为什么不愿借款人提前还贷
利率调整,美联储的市场指挥棒
饱受诟病的利率市场化
利率一打喷嚏,股市就感冒

第六章 危机金融学
国家为什么也会破产
制造灾难的经济泡沫
美国为什么要让美元贬值
无法避免的金融危机
美国政府关门是因为没钱吗
大手大脚造成的欧债危机
国际热钱和货币战争
令人疯狂的资本运作

第七章 互联网金融学
互联网金融的兴起与发展探索
虚拟货币,Q币是货币还是商品
第三方支付与虚拟货币
余额宝是否有风险
互联网金融的四大格局
互联网金融的法制监管
传统金融机构应拥抱互联网金融

第八章 国际金融学
亚投行与金融国际化
人民币离国际货币还有多远
美国为何来中国借钱
我们为什么要储备美元
只进不出的金融顺差
用钱买钱的货币互换
贸易战,经济领域的世界大战
美国转嫁危机靠印钱
Book Abstract

《清华金融课》:
货币是有时间价值的
我去哈佛考察,人家真是牛啊,搞了个捐赠基金,以钱生钱,收益占了学校经费的30%左右。
——前清华大学校长 顾秉林 时间拨回10年,在2004年以前,我们中国的普通老百姓都还比较喜欢存钱,钱放在银行里面既放心又还能赚利息,何乐而不为昵?然而,10年之后的今天,我们再去问一问平常人家,相信很多人都会无奈地说:钱放在银行里面有什么用,那点利息还不够赔的,还是拿出来投资要靠谱一点。现在,即便是卖菜的大婶也知道要拿钱去投资了。为什么会这样呢?因为现阶段的通货膨胀形势,存钱几乎就等于赔钱。
存钱怎么会等于赔钱呢?这实在是匪夷所思,但只要考虑一下物价的上涨速度,得出这一结论就不难了。举个例子,银行定期存款的利率为3%,你存进去1万元钱,一年之后取出来,得到1万元本金和300元利息。而一年之前,油条是1元钱两根,1万元可以买两万根,而一年后,油条涨到了1元钱1根,1万元再加上300元的利息也不过是10300根。这样一算,存钱不就是等于赔钱了吗?为什么存钱等于赔钱呢?解答这个问题我们首先要明白一个道理,那就是货币是有时间价值的。对于货币的时间价值,金融学上的定义为:货币的时间价值就是指当前所持有的一定量货币比未来获得的等量货币具有更高的价值。
假如我现在找你借10万元,20年之后再还给你10万元,相信无论如何你是不会答应的——没有人知道20年后的10万元能买什么。因此,钱存人银行所获得的利率实际上就是银行对存款人支付的时间价值的报酬。
我们这样看问题,并不是一定因为物价在上涨、货币在贬值,而是因为时间本身是有价值的,在时间的推移下,你手中的这钱如果没有增长,那么就意味着你不仅浪费了时间,而且还浪费了这段时间里这笔钱本应产生的价值。
所以,当你要节省现在的钱不消费而改在未来消费的时候,在未来,你必须拿出大于当前数量的钱才能够堵上时间价值这一个缺‘口。否则,即使20年后你手中的10万元还是20年前的10万元,那么你也已经浪费掉了至少20年的存款利息或是市场利率。
当年,清华大学顾秉林校长去美国大学访问,回国之后他不无感慨地说,咱们国内大学的资金管理较国外实在是太落后了。国外如哈佛大学都有自己的基金会,用投入一笔原始资金赚取利润,就可以保证给学校源源不断地提供资金,而我们中国的大学还处在靠政府拨款的阶段。顾秉林校长所言其实就是哈佛在利用货币的时间价值。
尽管时间价值来无影、去无踪,但它对于货币的影响却是客观存在的。对金融市场有所了解的人都会知道货币贬值的严重性,所以,我们应该赶在贬值之前多囤积一些财富,这样才能够保证自己的货币在时间推移过程中的原有购买力。
前不久在一本金融杂志上看到这样一个典型案例:老赵夫妇俩都是老一辈的农村人,两人没有什么文化,对于财富的定义就是积攒。所以,在他们还很年轻的时候就意识到该为20年后给儿子买房娶媳妇攒钱了。于是,他们从孩子一出生起就开始省吃俭用,省出来的每一分钱都会攒起来,放在柜子下的一个布袋里。
就这样一转眼二十几年过去了,老赵的儿子也到了结婚的年龄,于是老两口就将柜子下的布袋取出来,把攒了一辈子的钱都交给了自己的儿子,让他拿着这些钱去盖房娶媳妇。当儿子看到布袋里厚厚几沓钱的时候愣住了,里面有几毛一沓的,也有一元一沓的,还有五元一沓的,还有十元、百元一沓的,各种人民币的币种在这里面都能找到。儿子从父亲的口中得知,这里面一共有10万元钱。
10万元,对于以种地为生的农村人来说绝对不是一个小数目,父亲原本以为儿子看到这些会非常开心,但是儿子脸上的笑容却是哭笑不得的表情。沉默了一会儿,儿子才跟父亲说:“如果从一开始攒钱的时候您就将这些钱存进银行,经过20多年这些钱怎么也会翻几倍了。而如果您懂得去投资的话,那现在手里的钱就可能翻几十倍了。”像这样一对不懂得何为金融的老夫妻一样,现在生活中我们就有很多人不知道货币是有时间价值的,而任由货币的时间价值浪费掉。其实,只要将时间价值利用好,我们也能够在时间的推移中赚取到更多财富。
看看现在身边的商品物价,不说是一天一个样,至少也是一年一个样,我们手中的钱的购买力总是在变,所以我们就更应该重视钱的时间价值。
今天的一元钱一定比明天的一元钱值钱,如果不想让明天的一元钱只能买到今天九角钱就能够买到的东西,你必须在今天让这一元钱赚到至少一角钱的利润。
……

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