If the average profit rate formula "reaches this maximum limit, the part of the capitalist who performs the function is equal to zero." In any case, the average profit rate must be regarded as the farthest from the limit after interest rate classification. " The lower bound of. It cannot be stipulated at all and can be reduced to any degree. " But it can't be equal to zero. No position. The interest rate no longer exists. This shows that in general, the profit * is always between and the average profit rate. In other words, the upper and lower limits of interest rates are within the range of average profit rate and military, and they are positively related. This is the core of fixed interest rate analysis in Marx's interest theory.
The average profit rate is an objective law about capital flow, and its functions are as follows:
When there is a difference in the investment profit rate between the two departments, the funds will flow from the department with low profit rate to the department with high profit rate until the investment profit rate of the two departments is basically equal. To express the law of average profit rate in a popular phrase is: water flows downwards and funds go to places with high profit rate. The stock price is directly affected by the supply of funds. As the capital entering the stock market increases, the stock price will rise. For example, as soon as the bullish news comes out, peripheral funds will enter the stock market one after another, causing the stock price to rise.
1994 The "three major policies" were announced at the end of July, 17,1995 After the announcement of the suspension of treasury bonds futures in May, a large amount of funds were induced to enter the market, which led to the stock market soaring to varying degrees. When the stock market funds are withdrawn, the stock price will fall. When the investment profit rate in a certain field changes, there will be potential differences between the stock market and the investment profit rate in this field. According to the law of average profit rate, there will be capital flow between the stock market and the investment field, and the result of capital flow will cause the change of stock price.
When investors invest in the stock market, they expect to get excess profits, that is, to get higher than the average social return on investment. And all the operations (buying and selling) of investors in the stock market are the concentrated expression of the law of average profit rate. On the whole, the law of average profit rate has an influence on the stock price. Obstruct and destroy from it