{"id":26844,"date":"2023-12-07T03:10:00","date_gmt":"2023-12-07T03:10:00","guid":{"rendered":"https:\/\/masterskills.org\/blog\/bay-thanh-khoan-liquidity-trap-la-gi-bay-thanh-khoan-tai-nhat-ban.html"},"modified":"2023-12-22T14:37:48","modified_gmt":"2023-12-22T07:37:48","slug":"bay-thanh-khoan-liquidity-trap-la-gi-bay-thanh-khoan-tai-nhat-ban","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/bay-thanh-khoan-liquidity-trap-la-gi-bay-thanh-khoan-tai-nhat-ban.html","title":{"rendered":"B\u1eaby thanh kho\u1ea3n (Liquidity Trap) l\u00e0 g\u00ec? B\u1eaby thanh kho\u1ea3n t\u1ea1i Nh\u1eadt B\u1ea3n"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<div class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div>\n<div class=\"PhotoCMS_Caption\">\n<p><i>H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: fairmontequities.com<\/i><\/p>\n<\/div>\n<\/div>\n<h2 class=\"\"><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">B\u1eaby thanh kho\u1ea3n<\/font><\/h2>\n<p class=\"\"><b>Kh\u00e1i ni\u1ec7m<\/b><\/p>\n<p class=\"\"><b>B\u1eaby thanh kho\u1ea3n<\/b> trong ti\u1ebfng Anh l\u00e0<b>\u00a0Liquidity Trap<\/b>.<\/p>\n<p class=\"\"><i>B\u1eaby thanh kho\u1ea3n<\/i> l\u00e0 m\u1ed9t t\u00ecnh hu\u1ed1ng trong \u0111\u00f3 l\u00e3i su\u1ea5t th\u1ea5p trong khi\u00a0l\u00e3i su\u1ea5t ti\u1ebft ki\u1ec7m\u00a0cao, khi\u1ebfn ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 kh\u00f4ng hi\u1ec7u qu\u1ea3. Trong <i>b\u1eaby thanh kho\u1ea3n<\/i>,  ng\u01b0\u1eddi ti\u00eau d\u00f9ng l\u1ef1a ch\u1ecdn tr\u00e1nh kh\u00f4ng mua tr\u00e1i phi\u1ebfu v\u00e0 gi\u1eef ti\u1ec1n ti\u1ebft ki\u1ec7m v\u00ec ni\u1ec1m tin r\u1eb1ng l\u00e3i su\u1ea5t s\u1ebd s\u1edbm t\u0103ng, \u0111\u1ea9y gi\u00e1 tr\u00e1i phi\u1ebfu \u0111i xu\u1ed1ng.<\/p>\n<p class=\"\">V\u00ec gi\u00e1 tr\u00e1i  phi\u1ebfu c\u00f3 m\u1ed1i quan h\u1ec7 ng\u01b0\u1ee3c chi\u1ec1u v\u1edbi l\u00e3i su\u1ea5t, nhi\u1ec1u ng\u01b0\u1eddi ti\u00eau d\u00f9ng kh\u00f4ng mu\u1ed1n n\u1eafm gi\u1eef m\u1ed9t t\u00e0i s\u1ea3n m\u00e0 gi\u00e1 d\u1ef1 ki\u1ebfn s\u1ebd gi\u1ea3m.<\/p>\n<p class=\"\"><b>D\u1ea5u hi\u1ec7u c\u1ee7a b\u1eaby thanh kho\u1ea3n<\/b><\/p>\n<p class=\"\">M\u1ed9t  d\u1ea5u hi\u1ec7u c\u1ee7a <i>b\u1eaby thanh kho\u1ea3n <\/i>l\u00e0 l\u00e3i su\u1ea5t th\u1ea5p. L\u00e3i su\u1ea5t th\u1ea5p c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn h\u00e0nh vi c\u1ee7a tr\u00e1i ch\u1ee7, c\u00f9ng v\u1edbi nh\u1eefng lo ng\u1ea1i kh\u00e1c li\u00ean quan \u0111\u1ebfn t\u00ecnh tr\u1ea1ng  t\u00e0i ch\u00ednh hi\u1ec7n t\u1ea1i c\u1ee7a qu\u1ed1c gia, d\u1eabn \u0111\u1ebfn vi\u1ec7c b\u00e1n tr\u00e1i phi\u1ebfu theo c\u00e1ch c\u00f3 h\u1ea1i  cho n\u1ec1n kinh t\u1ebf.\u00a0<\/p>\n<p class=\"\">H\u01a1n n\u1eefa, vi\u1ec7c gia t\u0103ng cung ti\u1ec1n th\u1ea5t b\u1ea1i trong vi\u1ec7c d\u1eabn  \u0111\u1ebfn thay \u0111\u1ed5i m\u1ee9c gi\u00e1, v\u00ec ng\u01b0\u1eddi ti\u00eau d\u00f9ng thi\u00ean v\u1ec1 vi\u1ec7c ti\u1ebft ki\u1ec7m  ti\u1ec1n theo ph\u01b0\u01a1ng \u00e1n \u00edt r\u1ee7i ro.\u00a0<\/p>\n<p class=\"\">V\u00ec gia t\u0103ng cung ti\u1ec1n d\u1eabn \u0111\u1ebfn c\u00f3 nhi\u1ec1u  ti\u1ec1n h\u01a1n trong n\u1ec1n kinh t\u1ebf, th\u00f4ng th\u01b0\u1eddng s\u1ed1 ti\u1ec1n \u0111\u00f3 s\u1ebd ch\u1ea3y v\u00e0o c\u00e1c t\u00e0i  s\u1ea3n sinh l\u1eddi cao h\u01a1n nh\u01b0 tr\u00e1i phi\u1ebfu. Nh\u01b0ng trong m\u1ed9t c\u00e1i<i> b\u1eaby thanh kho\u1ea3n<\/i>  th\u00ec \u0111i\u1ec1u n\u00e0y kh\u00f4ng x\u1ea3y ra, l\u01b0\u1ee3ng ti\u1ec1n gia t\u0103ng ch\u1ea3y v\u00e0o c\u00e1c t\u00e0i kho\u1ea3n ti\u1ec1n m\u1eb7t nh\u01b0 c\u00e1c kho\u1ea3n ti\u1ebft ki\u1ec7m.<\/p>\n<p style=\"display: none;\" class=\"\">\n<p class=\"\">\u0110\u1ec3 x\u1ea3y ra <i>b\u1eaby thanh kho\u1ea3n<\/i>, ngo\u00e0i l\u00e3i su\u1ea5t th\u1ea5p, c\u00f2n c\u1ea7n ph\u1ea3i c\u00f3 s\u1ef1 thi\u1ebfu h\u1ee5t c\u00e1c tr\u00e1i ch\u1ee7 mu\u1ed1n ti\u1ebfp t\u1ee5c n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu v\u00e0 ngu\u1ed3n cung c\u00f3 h\u1ea1n c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mu\u1ed1n mua ch\u00fang. Thay v\u00e0o \u0111\u00f3, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u01b0u ti\u00ean  ti\u1ebft ki\u1ec7m ti\u1ec1n m\u1eb7t so v\u1edbi mua tr\u00e1i phi\u1ebfu.<\/p>\n<p class=\"\">N\u1ebfu c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0  v\u1eabn c\u00f3 nhu c\u1ea7u n\u1eafm gi\u1eef ho\u1eb7c mua tr\u00e1i phi\u1ebfu v\u00e0o nh\u1eefng th\u1eddi \u0111i\u1ec3m khi l\u00e3i  su\u1ea5t th\u1ea5p, th\u1eadm ch\u00ed g\u1ea7n b\u1eb1ng kh\u00f4ng, th\u00ec t\u00ecnh hu\u1ed1ng \u0111\u00f3 kh\u00f4ng \u0111\u1ee7 \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 x\u1ebfp v\u00e0o <i>b\u1eaby thanh kho\u1ea3n.<\/i><\/p>\n<h2 class=\"\"><font style=\"line-height: 22px; font-size: 22px; background-color: rgb(255, 255, 255);\" color=\"#3d85c6\">V\u00ed d\u1ee5 th\u1ef1c ti\u1ec5n v\u1ec1 b\u1eaby thanh kho\u1ea3n t\u1ea1i Nh\u1eadt B\u1ea3n<\/font><\/h2>\n<p class=\"\">B\u1eaft  \u0111\u1ea7u t\u1eeb nh\u1eefng n\u0103m 1990, Nh\u1eadt B\u1ea3n ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi m\u1ed9t c\u00e1i <b>b\u1eaby thanh kho\u1ea3n<\/b>. L\u00e3i  su\u1ea5t ti\u1ebfp t\u1ee5c gi\u1ea3m v\u00e0 c\u00f3 r\u1ea5t \u00edt \u0111\u1ed9ng l\u1ef1c trong vi\u1ec7c mua c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0. Nh\u1eadt B\u1ea3n ph\u1ea3i \u0111\u1ed1i  m\u1eb7t v\u1edbi gi\u1ea3m ph\u00e1t trong su\u1ed1t nh\u1eefng n\u0103m 1990 v\u00e0 n\u0103m nay v\u1eabn c\u00f3 l\u00e3i su\u1ea5t \u00e2m  -0,1%.<\/p>\n<p class=\"\">\u00a0Ch\u1ec9 s\u1ed1 Nikkei 225, ch\u1ec9 s\u1ed1 ch\u1ee9ng kho\u00e1n ch\u00ednh t\u1ea1i Nh\u1eadt B\u1ea3n, \u0111\u00e3 gi\u1ea3m t\u1eeb m\u1ee9c  \u0111\u1ec9nh 39.260 v\u00e0o \u0111\u1ea7u n\u0103m 1990, v\u00e0 \u0111\u1ebfn n\u0103m nay v\u1eabn ch\u01b0a th\u1ec3 quay l\u1ea1i m\u1ee9c \u0111\u1ec9nh \u0111\u00f3.<\/p>\n<p style=\"display: none;\" class=\"\">\n<p class=\"\">Ch\u00ednh  ph\u1ee7 \u0111\u00f4i khi mua ho\u1eb7c b\u00e1n tr\u00e1i phi\u1ebfu \u0111\u1ec3 gi\u00fap ki\u1ec3m so\u00e1t l\u00e3i su\u1ea5t, nh\u01b0ng mua tr\u00e1i  phi\u1ebfu trong m\u1ed9t m\u00f4i tr\u01b0\u1eddng \u1ea3m \u0111\u1ea1m nh\u01b0 v\u1eady c\u00f3 r\u1ea5t \u00edt t\u00e1c d\u1ee5ng, v\u00ec ng\u01b0\u1eddi ti\u00eau d\u00f9ng r\u1ea5t  mu\u1ed1n b\u00e1n tr\u00e1i phi\u1ebfu c\u1ee7a h\u1ecd c\u00f3 khi c\u00f3 th\u1ec3.\u00a0<\/p>\n<p class=\"\">Do \u0111\u00f3, vi\u1ec7c th\u00fac \u0111\u1ea9y s\u1ea3n l\u01b0\u1ee3ng l\u00ean ho\u1eb7c xu\u1ed1ng  tr\u1edf n\u00ean kh\u00f3 kh\u0103n h\u01a1n v\u00e0 th\u1eadm ch\u00ed c\u00f2n kh\u00f3 h\u01a1n khi c\u1ed1 khuy\u1ebfn kh\u00edch ng\u01b0\u1eddi ti\u00eau d\u00f9ng t\u1eadn d\u1ee5ng l\u00e3i su\u1ea5t m\u1edbi.<\/p>\n<p style=\"display: none;\" class=\"\">\n<p class=\"\">Khi ng\u01b0\u1eddi ti\u00eau d\u00f9ng s\u1ee3 h\u00e3i v\u00ec c\u00e1c s\u1ef1 ki\u1ec7n trong qu\u00e1 kh\u1ee9  ho\u1eb7c c\u00e1c s\u1ef1 ki\u1ec7n trong t\u01b0\u01a1ng lai, s\u1ebd r\u1ea5t kh\u00f3 \u0111\u1ec3 thuy\u1ebft ph\u1ee5c h\u1ecd ng\u1eebng ti\u1ebft  ki\u1ec7m v\u00e0 t\u0103ng chi ti\u00eau. C\u00e1c h\u00e0nh \u0111\u1ed9ng c\u1ee7a ch\u00ednh ph\u1ee7 tr\u1edf n\u00ean k\u00e9m hi\u1ec7u qu\u1ea3 h\u01a1n so v\u1edbi khi ng\u01b0\u1eddi  ti\u00eau d\u00f9ng ch\u1ea5p nh\u1eadn nhi\u1ec1u r\u1ee7i ro h\u01a1n \u0111\u1ec3 t\u00ecm ki\u1ebfm l\u1ee3i nhu\u1eadn nh\u01b0 l\u00fac n\u1ec1n kinh t\u1ebf kh\u1ecfe m\u1ea1nh.<\/p>\n<p class=\"\">(Theo<i> investopedia.com)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            B\u1eaby thanh kho\u1ea3n (ti\u1ebfng Anh: Liquidity Trap) x\u1ea3y ra khi c\u00e1c ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 tr\u1edf n\u00ean k\u00e9m hi\u1ec7u qu\u1ea3 do l\u00e3i su\u1ea5t xu\u1ed1ng r\u1ea5t th\u1ea5p v\u00e0 ng\u01b0\u1eddi ti\u00eau d\u00f9ng \u01b0u ti\u00ean ti\u1ebft ki\u1ec7m h\u01a1n l\u00e0 mua v\u00e0 n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu ho\u1eb7c c\u00e1c c\u00f4ng c\u1ee5 \u0111\u1ea7u t\u01b0 tr\u1ea3 l\u00e3i su\u1ea5t cao h\u01a1n.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/26844"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=26844"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/26844\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=26844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=26844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=26844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}