technological heresy

Chapter 20 Boring Topics

Lying on the bed, Ning Qing put on the earphones and eye mask directly, and the world has nothing to do with him from this moment on.

The earphones are connected to the MP3, playing the dubbing of a classic Ryan United States movie, mainly for learning Ryan's spoken English in foreign language class.Ning Qing understood a little bit, but when her attention fell into it, she unconsciously felt sleepy and fell asleep.

Then, under the control of the powerful biological clock, I opened my eyes on time at six o'clock the next day.

Ning Qing almost got up with Yu Hongwei, and then began to wash.This time is just right, because the official website of the Haizhou Education Bureau will post a link to the question bank of this year's International Mathematics Competition at seven o'clock. According to the operation of previous years, as a regional education bureau, the link may even be posted a few minutes earlier.

The sound of the two getting out of bed also woke up Zhou Yan, who was still sleeping soundly, and followed them up in a daze.

This is the power of habit, poor high school life is so boring.

After washing up, go out in groups to exercise early... In fact, it is not mandatory to exercise early these days, but the topic has not yet been given. The group of children in the rocket class chose to run for two laps spontaneously. Ning Qing They also took Zhou Yan and Liu Xiaohan to follow the pace of the rocket class.

For those who have experienced death once, they understand the importance of having a good body.At least it can withstand great sorrow and great joy, and won't lose all because of one defeat.However, there was only a little bit of exercise left, that is, after running around the playground for two laps, Zhou Jingxue urged him to go down to the cafeteria and start eating.

At this time, the students in normal classes were continuing their morning exercises. When the contestants finished their breakfast, it was time for other students to eat, and everything was arranged just right.

At [-]:[-], all the competition teams had already sat in their assigned rooms. The pictures in most of the rooms were similar. Several heads leaned in front of the computer, constantly refreshing the official website of the Haizhou Education Bureau, waiting A question bank link appears.

But Ning Qing’s group is obviously different. Zhou Yan is holding the novel he brought and reading it with relish. Of course, the cover of the book looks like a collection of simulated exercises for the college entrance examination. Liu Xiaohan is sitting on the other side, holding a book of music theory majestically flip through.

Different from Zhou Yan's infinite concentration, Liu Xiaohan would turn his attention to Ning Qing who was looking at the computer seriously from time to time.It's nice to be able to squander time without feeling guilty, to glance lazily, and then to read again.

Ning Qing was serious about surfing the Internet.

I have to say that the network speed arranged by the school for the competition team is quite fast, and Ning Qing's information is also very enjoyable to browse. A few special news caught Ning Qing's attention.It's all economic news, of course.As a well-known but useless economist, I always pay more attention to various macroeconomic trends.

The biggest news today is Yonghan Republic Last night, Ryan Federal Assets Reserve Union once again announced that it would raise interest rates by 0.75 basis points in response to the growing inflation index in Ryan.This is a huge move that is reasonable and unexpected. After all, the market has already accepted this gameplay and has already had corresponding countermeasures.

What I didn't expect was that the Ryan Federal Asset Reserve Union would be so generous this time, directly raising interest rates by 0.75 basis points. Before, the outside world always thought that it would only raise interest rates by 0.5 basis points at most.After all, the problem that the United States of Ryan needs to face now is not just as simple as high inflation, but also the hidden scourge of high debt.

To put it simply, the national debt owes too much, and the debt of more than 30 trillion Swiss coins is nearly seven times the total national tax revenue in the same year.What's even more frightening is that the United States of Ryan is still issuing new national debt. When the interest rate of Ryancoin rises, it also means that the total national debt is expanding.

Not to mention that raising interest rates is just a means of adjustment in economics, and any adjustment means has advantages and disadvantages.A generous interest rate hike may cause people to deposit money in the bank, reduce the circulation of funds in the market, and achieve the purpose of curbing the rise in prices, but it will also increase the cost of funds for countless companies, and directly affect the stock market and bond market...

Of course, Ning Qing is very clear about these problems, and the facts have also proved his professionalism.

After the 0.75 basis point interest rate hike was announced, when Ning Qing was sleeping last night, Swiss stocks ushered in a sharp drop that triggered the circuit breaker mechanism three times as soon as the market opened.

But the limitations of economists are also shown here.

For various economic laws, excellent economists can analyze clearly and logically. They can also analyze what adjustment methods are used and what market reactions may occur. They can stand on the stage and give speeches. The sky is full of flowers and flowers.

But when they are about to solve practical problems, they will find that it is useless.

In the century-old history of economics, a group of smart people have developed countless methods in the hope of regulating the world economy, and it has been developing in a good direction, but those who should come will never be absent.So many great economic theories have not saved an economic crisis, or even slowed it down.

On this issue, Ning Qing actually has her own opinion.

Economic development is closely related to the development of human life, and even to each individual human being. Therefore, in a sense, the occurrence of economic crisis is a game of human nature.However, there is not much rationality in the game of human nature. However, the economic system is supported by a rigorous mathematical theory system, and various tools are also based on decisions made by actuaries after judging the situation.

Irreconcilable contradictions make economics one of the seemingly high-end but actually worthless subjects in the world.

After heaving a sigh of relief, Ning Qing saw that the time had reached 07:30, and he opened the official website of the Haizhou Education Bureau through the favorites of the browser.

In this world, he hasn't grown up enough to care about major events like the world economic cycle, so it's time to get down to business.

Ning Qing didn't care about the topic selection half an hour late.Competing with a bunch of high school students doesn't feel too much pressure.

Soon, the topic of this year's competition appeared in front of him.

Coincidentally, the first question is a question closely related to economics, "a small profit but quick turnover model based on the concept of discount strength".

Specifically, it is to use the daily flow-related data of a certain shopping mall for a period of time, and then select the discount rate, profit rate, and discount intensity of some products to establish a robust linear regression model of discount intensity, product turnover, and profit rate.Then further analyze the impact of different product categories on the model.

After a glance, Ning Qing gave up on this question for no other reason, it was too simple and boring.

(End of this chapter)