| In recent years,the argument over whether virtual currency can have an influence on the real economy is a hot topic of the frontiers in economics.At the same time,the Internet continues to expand its application border,and gradually penetrates into each corner of social life.Judging from the present development of the virtual currency,the emergence and the issue of virtual currencies are mostly the behavior of enterprises.However,with the further evolution of the internet and the development of the economy,the research of the virtual currency——about the nature,the influences on the macro-economic development,can offer essential guidelines for the implementation of the country's monetary policy.At present,the Chinese academicians' studies on the virtual currency have arrived at very different conclusions.Some regard virtual currency as the scourge,while others consider it no future.Therefore,to analyze and discuss related issues,this article distinguishes existing virtual currency from advanced ones,distinguishes virtual currency from online games,from electronic currency,online payment instruments, and so on.The main part of this paper is to analyze whether virtual currencies will do some impingement to Chinese financial market,especially whether the slathering of virtual currencies can result in inflation,using multiplier effect,inflation theory,and other monetary theory,as well as a few mathematic methods.With the study,the paper draw the conclusion that,only a part of virtual currencies,which are produced by online games,can result in devaluation and virtual inflation.But the emergence of virtual currency itself would change multiplier and RMB supply and demand,thus proper regularity is needed. |
