What is the core value of industrial finance?

The core of finance is still the old saying, "leverage" in economic activities. It has been said that the main body of the financial system, the banking industry, is to save people's money, lend it to all parties, eat the spread and recover it in time; This should refer to traditional finance, which has been the practice since the emergence of banks (money houses).

Modern finance also includes investment, such as stocks, futures, bonds, foreign exchange market and venture capital. It's not just a simple question of putting money and lending. Moreover, with the improvement of financial technological transformation and the development of big data and intelligent investment, there will be more and more financial products and choices, and the water in this channel will become more and more active. However, the role of its economic leverage will never change. No matter whether it is a virtual economy or a real economy, it is impossible to operate conventionally or supernormally without the participation of the financial industry.

Its risk control is only a means to ensure the normal operation of the financial system, not the ultimate goal. The core and ultimate goal of finance is to play an extremely important "leverage" role in the whole economic activity, with risk control as the means, with the goal of serving the economy to achieve the best contribution rate, through deposit and loan, venture capital, multi-means investment (including smart investment), multi-platform settlement payment (including internet finance), and so on. Therefore, the use of fiscal policy is very cautious. Government supervision and internal risk control of the financial industry are two-pronged, that is, in order to ensure the normal or appropriate position of the financial system in the overall economic activities, there can be no deviation. Otherwise, improper policies will cause big problems in the whole economy, which will further affect politics and society. We can't despise them.

The core of finance is the exchange of value across time and space. All transactions involving the distribution of value or income between different times and different spaces are financial transactions. Finance is to study why the value exchange across time and space appears, how it happens, how it develops and so on.