subject: I was touched by the media as follows this passage [print this page] Constantly, private financing is expected to be legally recognized. The earliest see is people's Bank of China Deputy Governor Wu Xiaoling on relaxing private financing controls. Recently, the Central Bank's monetary policy analysis team also released a pair of Zhejiang, Shanxi, six provinces and private financing investigation and analysis, concluded that the "strengthening civil society financing regulations and guidance and to promote their healthy development. I was touched by the media as follows this passage: "Wu Xiaoling, respect for property rights, the State should give the owner of the funds in order to use the free funds. Countries should enhance information disclosure and to crack down on fake information at the same time to relax control of Ugg Classic direct financing, financing and investment decision-making. The international financial newsletter 21 February 2005, 2nd Edition in my view, this interpretation is very important. Most importantly, gives the "private financing" is a property right Wu Xiaoling said "property" is also. Question: is the owner of the property, funds, is not a very easy to understand why not emphasize that the funds are funds owner property "rights?", the issue is not simple to answer.
Any property there are a wide variety of uses. A piece of land, wheat, rice, fish, can also cover room; a sum of money to buy food, you can buy clothing, you can buy; I use the computer to a magazine, of course, can also be used to browse the Web, play games or drawings. Say you own a piece of land, a sum of money or a computer, in fact, that means you and me rather than any other people have the right to choose a variety of purposes. If the flower benefit than grass twice, others non-forced me to plant grass and not flower, and take away our Cardy Boots half of the land. Yes, the property is being able to use only a value. We have talked about using the classical Economist named "use value", and later by some scholars known as the "effect" the property to be able to bring enjoyment. Like this kind of enjoy a lot of people, we are willing to pay a price for that property has the "exchange value". This is common sense is very close to economic thinking, it is not difficult to understand. The trouble is that you want to play on this basis, a little change: the property is often a variety of purposes, and a range of values, restrictions, some of which may reduce its usage, value, and deprivation of property has the same effect.
The property has a use was very interesting, and that is the owner of the property, they do not have a return transfer to others to use. This is the property of the transfer. "Transfer", you have several choices: a permanent transfer is broken sales cash on delivery, the completion of the transaction. Non-permanent transfer? that is debt: an amount of money they don't have an interest, due to the commitment of b. Similarly, if a natural or legal person, is of the opinion that to give up their own use and transfer of the property out, on behalf of the higher earnings, non-transferable and are deprived of their property. Much that we can understand Uggs Boots that "private financing" private transfer in accordance with the agreed conditions of the use of funds under the right fundamentally from the national protection of civil legal constitutional provisions on private property. Focus cannot leave the national protection of private property simply understood as the protection of private property. To protect property rights, and that is the property of a variety of purposes, including to abandon their transferable use to select the right. With this in mind, Wu Xiaoling clarify: "to the owner of the funds to funds of freedom" and respect for property rights.
So, how much freedom of choice, is the property of full recognition and respect the answer is, free to try, if not out of range, select the more freedom, property rights, the more fully. This is going a step territories is any person to use his freedom to choose the right of property, does not violate the property rights of others. For example I have a bottle of water, how to use or not used or transferred to others, but unless you invite, I'll be using my water to your head. Otherwise, it will be because "freedom". The difficulty lies in the actual economic life, liberty and property rights is a violation of the property rights of others, often do not like my water pouring out of your head that is clear, easy to judge. To private financing as an example. There are two fellow, one for the money, and a spare cash, they desired interest rate, repayment periods and credit conditions for Cheap Ugg Boots borrowing should not with any other person. Within this context, the loan is synonymous with their property rights. However, the situation may be. For example, the prior consent of the parties to a fundamental interest rates cannot afford afterwards, profits, lvdagun, credit is also not a shirt, forced in desperation, the third party the personal safety of? such things much, small to large community, to countries that do not interfere with excessive interest rate for example, loan-sharking due to the credit of the promises. At that time no genuine ahead, creditors affected by losses; let the morning glory it, undermine the innocent party. So, many violations of the rights of others, is indirect, complex, difficult to see at a glance. Inquiry, with regard to the property free of unpredictable here just pointed out that there are two extremes and universal protection of the rights of the citizen's property. One extreme is to let Cheap Ugg Boots some infringement of the property rights of the "freedom". For example, the world has, misinform the various financing schemes. In 1984 I in Wenzhou, know there is a "lift" to attract people by offering financing, the first big hand for the distribution of principal, interest, and so falling for funding to a number of "ideal" volume package. When thousands of people to the furious pursuit, the principal was an old woman in the country.
I was touched by the media as follows this passage