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What is economic overheating and economic recovery in economic life?
We put it in layman's terms: economic overheating means that there is a problem in the economy, but the reason for the problem is that there is too much investment in economic development, which is still in a state of development, but now it is even more out of control. The direct manifestation of any economic problem is either inflation or deflation (inflation and deflation should be complementary in demand and fluctuate continuously), and the result is that economic problems eventually hinder economic development and even the overall economic structure collapses. As the name implies, economic recovery means that economic problems have eased. It is not ideal to say that the economy has gradually improved after the financial crisis, just as a person's illness is cured, it is not necessarily healthier. "Governance" is only to eliminate a health obstacle at most, and healthy development directly needs the kinetic energy of progress. How to deal with inflation at interest rate and then solve it is very difficult, depending on the physical condition of the economy, just like people have a fever and crisis. One is the maladjustment of initial fever, and the other is the functional collapse caused by high fever itself, so we can understand that the necessity of suppressing high fever does not necessarily determine the overall recovery. . . . . . As for the daily sayings such as "increasing deposit and loan interest rates" and "expanding domestic demand", it is good to have a theoretical and logical understanding in books, but it will not be so simple in reality. Just use a dialectical cognitive method such as "the essence determines the result", "the energy of sports is transformed" and "the relationship between politics and economy" to push social problems in detail, regardless of some media rhetoric.