{"id":1423,"date":"2017-07-30T15:22:31","date_gmt":"2017-07-30T15:22:31","guid":{"rendered":"https:\/\/blog.ngocha.biz\/?p=1423"},"modified":"2017-07-30T15:22:31","modified_gmt":"2017-07-30T15:22:31","slug":"thong-minh-tai-chinh-p4-dau-mo-va-cac-chi-so-kinh-te-vi-mo","status":"publish","type":"post","link":"https:\/\/blog.ngocha.biz\/?p=1423","title":{"rendered":"Th\u00f4ng minh t\u00e0i ch\u00ednh (P4: D\u1ea7u m\u1ecf v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf v\u0129 m\u00f4)"},"content":{"rendered":"<div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"kksr-stars-active\" style=\"width: 113.2px;\">\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<div class=\"kksr-star\" style=\"padding-right: 4px\">\n<div class=\"kksr-icon\" style=\"width: 20px; height: 20px;\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"kksr-legend\" style=\"font-size: 16px;\">\n            4.8\/5 &#8211; (23 votes)    <\/div>\n<\/p><\/div>\n<p>Entry n\u00e0y ta s\u1ebd n\u00f3i t\u1edbi ch\u1ee7 \u0111\u1ec3 d\u1ea7u m\u1ecf. S\u1edf d\u0129 ch\u00fang ta quan t\u00e2m t\u1edbi d\u1ea7u m\u1ecf l\u00e0 v\u00ec&#8230;th\u1eddi s\u1ef1 h\u00e0ng ng\u00e0y ra r\u1ea3 v\u1ec1 gi\u00e1 d\u1ea7u c\u00f2n th\u1ec9nh tho\u1ea3ng m\u1edbi \u0111\u01b0a tin v\u1ec1 gi\u00e1 v\u00e0ng.<\/p>\n<p>B\u1ea5t c\u1ee9 m\u1ed9t h\u00e0ng h\u00f3a hay d\u1ecbch v\u1ee5 n\u00e0o c\u0169ng c\u00f3 h\u00ecnh b\u00f3ng c\u1ee7a d\u1ea7u trong \u0111\u00f3. D\u1ea7u d\u00f9ng \u0111\u1ec3 s\u1ea3n xu\u1ea5t \u0111i\u1ec7n, ch\u1ea1y c\u00e1c d\u00e2y truy\u1ec1n m\u00e1y m\u00f3c, l\u00e0 nguy\u00ean li\u1ec7u c\u1ee7a c\u00e1c ph\u01b0\u01a1ng ti\u1ec7n v\u1eadn t\u1ea3i, l\u00e0m ph\u00e2n b\u00f3n, l\u00e0m nh\u1ef1a \u0111\u01b0\u1eddng,.<\/p>\n<p>Thi\u1ebfu v\u00e0ng th\u00ec c\u00f9ng l\u1eafm c\u00f4 d\u00e2u Vi\u1ec7t Nam\u00a0\u0111eo c\u00e1i v\u00f2ng v\u00e0ng m\u1ecfng\u00a0h\u01a1n nh\u01b0ng thi\u1ebfu d\u1ea7u th\u00ec ch\u1ec9 c\u00f3 n\u01b0\u1edbc v\u1ec1 th\u1eddi \u0111\u1ed3 \u0111\u00e1. Ch\u00fang ta ch\u1ec9 nghe t\u1edbi gi\u00e1 v\u00e0ng trong c\u00e1c b\u1ea3n tin kinh t\u1ebf c\u00f2n gi\u00e1 d\u1ea7u th\u00ec c\u1ea3 trong c\u00e1c b\u1ea3n tin v\u1ec1 ch\u00ednh tr\u1ecb v\u00e0 x\u00e3 h\u1ed9i.<\/p>\n<p>Nh\u00ecn b\u1ea3ng d\u01b0\u1edbi ta th\u1ea5y c\u00e1c s\u1ef1 ki\u1ec7n li\u00ean quan t\u1edbi d\u1ea7u m\u1ecf c\u0169ng li\u00ean quan t\u1edbi c\u00e1c s\u1ef1 ki\u1ec7n kinh t\u1ebf, ch\u00ednh tr\u1ecb. N\u00f3 l\u00e0 gi\u1eb1ng co gi\u1eefa b\u00ean cung v\u1edbi mong mu\u1ed1n d\u00f9ng d\u1ea7u \u0111\u1ec3 ki\u1ec3m so\u00e1t kinh t\u1ebf, ch\u00ednh tr\u1ecb v\u00e0 nh\u1eefng ng\u01b0\u1eddi b\u00ean c\u1ea7u mu\u1ed1n tho\u00e1t kh\u1ecfi s\u1ef1 l\u1ec7 thu\u1ed9c v\u00e0o d\u1ea7u.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10215 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/Dau-va-ls-the-gioi.jpg\" alt=\"\" width=\"808\" height=\"771\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/Dau-va-ls-the-gioi.jpg 808w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Dau-va-ls-the-gioi-300x286.jpg 300w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Dau-va-ls-the-gioi-768x733.jpg 768w\" sizes=\"auto, (max-width: 808px) 100vw, 808px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>D\u1ea7u m\u1ecf \u1ea3nh h\u01b0\u1edfng t\u1edbi gi\u00e1 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c v\u00ec v\u1eady cho d\u00f9 b\u1ea1n kh\u00f4ng \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 v\u00e0o d\u1ea7u b\u1eb1ng c\u00e1ch mua v\u00e0i ch\u1ee5c th\u00f9ng nh\u00e9t g\u1ea7m gi\u01b0\u1eddng th\u00ec b\u1ea1n c\u0169ng ph\u1ea3i am hi\u1ec3u v\u1ec1 n\u00f3.<\/p>\n<div class='stb-container stb-style-info stb-caption-box stb-no-caption'>\n<div class='stb-caption'>\n<div class='stb-logo'><img class='stb-logo__image' src='http:\/\/chienluocsong.com\/wp-content\/plugins\/wp-special-textboxes\/images\/info.png' alt='img'\/><\/div>\n<div class='stb-caption-content'>Ph\u00e2n bi\u1ec7t c\u00e1c lo\u1ea1i d\u1ea7u<\/div>\n<div class='stb-tool'><\/div>\n<\/div>\n<div class='stb-content'>\n<p><span style=\"color: #ff0000;\">D\u1ea7u bi\u1ec3n b\u1eafc (d\u1ea7u Brent):<\/span>\u00a0khai th\u00e1c t\u1eeb h\u1ec7 th\u1ed1ng m\u1ecf Brent v\u00e0 Ninian tr\u00ean bi\u1ec3n b\u1eafc.\u00a0D\u1ea7u m\u1ecf s\u1ea3n xu\u1ea5t \u1edf ch\u00e2u \u00c2u, ch\u00e2u Phi v\u00e0 d\u1ea7u m\u1ecf khai th\u00e1c \u1edf ph\u00eda t\u00e2y c\u1ee7a khu v\u1ef1c Trung C\u1eadn \u0110\u00f4ng \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 theo gi\u00e1 c\u1ee7a d\u1ea7u n\u00e0y, n\u00f3 t\u1ea1o th\u00e0nh m\u1ed9t chu\u1ea9n (<i>benchmark<\/i>) \u0111\u00e1nh gi\u00e1 d\u1ea7u.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10205\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/OPEC2.gif\" alt=\"\" width=\"469\" height=\"312\" \/><span style=\"color: #ff0000;\">D\u1ea7u ng\u1ecdt nh\u1eb9 West Texas Intermediate (WTI)\u00a0c<\/span>ho d\u1ea7u m\u1ecf B\u1eafc M\u1ef9.<\/p>\n<p><span style=\"color: #ff0000;\">Dubai\u00a0<\/span>\u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m chu\u1ea9n cho khu v\u1ef1c ch\u00e2u \u00c1 \u2013 Th\u00e1i B\u00ecnh D\u01b0\u01a1ng c\u1ee7a d\u1ea7u m\u1ecf Trung C\u1eadn \u0110\u00f4ng.<\/p>\n<p><span style=\"color: #ff0000;\">Tapis\u00a0<\/span>(t\u1eeb Malaysia, \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m tham chi\u1ebfu cho d\u1ea7u m\u1ecf nh\u1eb9 Vi\u1ec5n \u0110\u00f4ng).<\/p>\n<p><span style=\"color: #ff0000;\">Minas\u00a0(<\/span>t\u1eeb Indonesia, \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m tham chi\u1ebfu cho d\u1ea7u m\u1ecf n\u1eb7ng Vi\u1ec5n \u0110\u00f4ng).<\/p>\n<p>C\u00f3 nhi\u1ec1u lo\u1ea1i d\u1ea7u v\u00e0 gi\u00e1 c\u0169ng kh\u00e1c nhau, th\u01b0\u1eddng ta hay nghe n\u00f3i t\u1edbi gi\u00e1 hai lo\u1ea1i d\u1ea7u ch\u00ednh tr\u00ean: D\u1ea7u bi\u1ec3n b\u1eafc v\u00e0 d\u1ea7u m\u1ecf b\u1eafc m\u1ef9 hay d\u1ea7u ng\u1ecdt nh\u1eb9 WTI trong \u0111\u00f3 d\u1ea7u bi\u1ec3n b\u1eafc c\u00f3 ch\u1ea5t l\u01b0\u1ee3ng t\u1ed1t h\u01a1n n\u00ean gi\u00e1 th\u01b0\u1eddng cao h\u01a1n 10%.<\/p>\n<\/div>\n<\/div>\n<p><span style=\"color: #339966;\"><strong>1.D\u1ea7u v\u00e0 T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf<\/strong><\/span><\/p>\n<p>V\u00ec d\u1ea7u \u0111\u00f3ng vai tr\u00f2 \u0111\u1ea7u v\u00e0o quan tr\u1ecdng c\u1ee7a s\u1ea3n xu\u1ea5t n\u00ean th\u01b0\u1eddng logic s\u1ebd th\u1ebf n\u00e0y:<\/p>\n<p>Gi\u00e1 d\u1ea7u t\u0103ng -&gt; Chi ph\u00ed \u0111\u1ea7u v\u00e0o t\u0103ng -&gt; Gi\u00e1 b\u00e1n ra t\u0103ng -&gt; S\u1ed1 ng\u01b0\u1eddi c\u00f3 \u0111\u1ee7 kh\u1ea3 n\u0103ng mua gi\u1ea3m -&gt; S\u1ea3n l\u01b0\u1ee3ng s\u1ea3n xu\u1ea5t gi\u1ea3m -&gt; Kinh t\u1ebf \u0111i xu\u1ed1ng.<\/p>\n<p>Gi\u00e1 d\u1ea7u gi\u1ea3m -&gt; Chi ph\u00ed \u0111\u1ea7u v\u00e0o gi\u1ea3m-&gt; gi\u00e1 b\u00e1n ra h\u00e0ng h\u00f3a\/d\u1ecbch v\u1ee5 gi\u1ea3m -&gt; S\u1ed1 ng\u01b0\u1eddi c\u00f3 \u0111\u1ee7 kh\u1ea3 n\u0103ng mua t\u0103ng -&gt; S\u1ea3n l\u01b0\u1ee3ng s\u1ea3n xu\u1ea5t t\u0103ng -&gt; Kinh t\u1ebf t\u0103ng tr\u01b0\u1edfng.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10203 alignleft\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-economy.jpg\" alt=\"\" width=\"330\" height=\"200\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-economy.jpg 267w, https:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-economy-200x120.jpg 200w\" sizes=\"auto, (max-width: 330px) 100vw, 330px\" \/><\/p>\n<p>Nh\u01b0ng nh\u00ecn tr\u00ean bi\u1ec3u \u0111\u1ed3 m\u1ed1i quan h\u1ec7 gi\u1eefa gi\u00e1 d\u1ea7u v\u00e0 GDP th\u1ebf gi\u1edbi ta th\u1ea5y l\u1ea1i c\u00f3 quan h\u1ec7 c\u00f9ng chi\u1ec1u v\u1edbi nhau. Khi gi\u00e1 d\u1ea7u gi\u1ea3m th\u00ec t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf th\u1ebf gi\u1edbi \u0111i xu\u1ed1ng, khi gi\u00e1 d\u1ea7u t\u0103ng th\u00ec t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf \u0111i l\u00ean.<\/p>\n<p>M\u1ed1i quan h\u1ec7 n\u00e0y c\u00f3 th\u1ec3 hi\u1ec3u \u0111\u00fang th\u1ebf n\u00e0y, t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf th\u1ebf gi\u1edbi ngo\u00e0i ph\u1ee5 thu\u1ed9c v\u00e0o gi\u00e1 d\u1ea7u c\u00f2n ph\u1ee5 thu\u1ed9c v\u00e0o nhi\u1ec1u y\u1ebfu t\u1ed1 kh\u00e1c n\u1eefa. Khi kinh t\u1ebf th\u1ebf gi\u1edbi t\u0103ng tr\u01b0\u1edfng th\u00ec nhu c\u1ea7u d\u1ea7u t\u0103ng, cung kh\u00f4ng theo k\u1ecbp c\u1ea7u n\u00ean gi\u00e1 d\u1ea7u t\u0103ng. Khi kinh t\u1ebf th\u1ebf gi\u1edbi suy gi\u1ea3m th\u00ec nhu c\u1ea7u d\u1ea7u gi\u1ea3m, cung v\u01b0\u1ee3t c\u1ea7u n\u00ean gi\u00e1 d\u1ea7u gi\u1ea3m.<\/p>\n<p>X\u00e9t \u1edf quy m\u00f4 t\u1eebng n\u01b0\u1edbc th\u00ec\u00a0\u0111\u1ed1i v\u1edbi c\u00e1c\u00a0n\u01b0\u1edbc c\u00f3 ngu\u1ed3n thu ph\u1ee5 thu\u1ed9c v\u00e0o d\u1ea7u m\u1ecf nh\u01b0 Nga hay c\u00e1c n\u01b0\u1edbc trong kh\u1ed1i OPEC th\u00ec GDP t\u1ef7 l\u1ec7 thu\u1eadn v\u1edbi gi\u00e1 d\u1ea7u. \u0110\u1ed1i v\u1edbi c\u00e1c n\u01b0\u1edbc ph\u1ea3i nh\u1eadp kh\u1ea9u d\u1ea7u m\u1ecf th\u00ec khi gi\u00e1 d\u1ea7u nh\u1eadp kh\u1ea9u gi\u1ea3m khi\u1ebfn x\u0103ng d\u1ea7u trong n\u01b0\u1edbc gi\u1ea3m, gi\u00e1 \u0111\u1ea7u v\u00e0o gi\u1ea3m -&gt; gi\u00e1 b\u00e1n ra gi\u1ea3m -&gt; s\u1ea3n xu\u1ea5t gia t\u0103ng -&gt; GDP t\u0103ng; m\u1ed1i quan h\u1ec7 t\u1ef7 l\u1ec7 ngh\u1ecbch.<\/p>\n<p><strong><span style=\"color: #339966;\">2. D\u1ea7u v\u00e0 l\u1ea1m ph\u00e1t<\/span><\/strong><\/p>\n<p>\u0110\u1ed3ng \u0111\u00f4 M\u1ef9 c\u00f3 m\u1ed9t l\u1ecbch s\u1eed th\u0103ng tr\u1ea7m c\u1ee7a n\u00f3. T\u1eeb 1913 t\u1edbi 2013\u00a0:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-10216 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/suc-mua-dong-do-1024x660.jpg\" alt=\"\" width=\"633\" height=\"408\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/suc-mua-dong-do-1024x660.jpg 1024w, https:\/\/chienluocsong.com\/wp-content\/uploads\/suc-mua-dong-do-300x193.jpg 300w, https:\/\/chienluocsong.com\/wp-content\/uploads\/suc-mua-dong-do-768x495.jpg 768w, https:\/\/chienluocsong.com\/wp-content\/uploads\/suc-mua-dong-do.jpg 1111w\" sizes=\"auto, (max-width: 633px) 100vw, 633px\" \/><\/p>\n<p>C\u1ee5m t\u1eeb s\u1ee9c mua \u0111\u1ed3ng ti\u1ec1n \u0111\u01b0\u1ee3c c\u0103n v\u00e0o vi\u1ec7c mua m\u1ed9t m\u00f3n h\u00e0ng n\u00e0o \u0111\u00f3 t\u1ea1i th\u1eddi \u0111i\u1ec3m 1913 v\u00e0 mua c\u0169ng sp \u0111\u00f3 v\u00e0o 2013. Ch\u1ec9 s\u1ed1 n\u00e0y gi\u00fap ta c\u00f3 c\u00e1i nh\u00ecn \u0111\u1ecbnh t\u00ednh ch\u1ee9 kh\u00f4ng h\u1eb3n r\u1eb1ng \u0111\u00f4 la M\u1ef9 \u0111\u00e3 m\u1ea5t \u0111i 20 l\u1ea7n gi\u00e1 tr\u1ecb sau 100 n\u0103m. C\u00f3 m\u1ed9t ch\u1ec9 s\u1ed1 ph\u1ed5 bi\u1ebfn h\u01a1n d\u00f9ng v\u1edbi m\u1ee5c \u0111\u00edch t\u01b0\u01a1ng t\u1ef1 \u0111\u00f3 l\u00e0 Ch\u1ec9 s\u1ed1 \u0111\u00f4 la M\u1ef9 ( US dollar Index), n\u00f3 \u0111\u01b0\u1ee3c t\u00ednh\u00a0d\u1ef1a v\u00e0o r\u1ed5 6 lo\u1ea1i ti\u1ec1n t\u1ec7 thanh kho\u1ea3n nh\u1ea5t th\u1ebf gi\u1edbi : \u0111\u1ed3ng euro, \u0111\u1ed3ng y\u00ean Nh\u1eadt, b\u1ea3ng Anh, \u0111\u00f4 la Canada, \u0111\u1ed3ng krona Th\u1ee5y \u0110i\u1ec3n v\u00e0 \u0111\u1ed3ng franc Th\u1ee5y S\u1ef9.<\/p>\n<p>\u0110\u1ed3ng \u0111\u00f4 m\u1ea1nh l\u00ean th\u00ec h\u00e0ng h\u00f3a r\u1ebb \u0111i trong \u0111\u00f3 c\u00f3 d\u1ea7u do v\u1eady m\u1ed1i t\u01b0\u01a1ng quan n\u00e0y l\u00e0 t\u1ef7 l\u1ec7 ngh\u1ecbch.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10220 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/us-index-and-oil.png\" alt=\"\" width=\"494\" height=\"223\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/us-index-and-oil.png 494w, https:\/\/chienluocsong.com\/wp-content\/uploads\/us-index-and-oil-300x135.png 300w\" sizes=\"auto, (max-width: 494px) 100vw, 494px\" \/><\/p>\n<p><span style=\"color: #339966;\"><strong>3. D\u1ea7u v\u00e0\u00a0L\u00e3i su\u1ea5t<\/strong><\/span><\/p>\n<p>C\u1ee9 m\u1ed7i l\u1ea7n FED h\u1ecdp l\u00e0 thi\u00ean h\u1ea1 b\u1eaft \u0111\u1ea7u \u0111\u1ed3n th\u1ed5i v\u1ec1 vi\u1ec7c h\u1ecd s\u1ebd gi\u1ea3m, gi\u1eef nguy\u00ean hay t\u0103ng l\u00e3i su\u1ea5t. \u0110\u1ed3ng \u0111\u00f4 la M\u1ef9 l\u00e0 \u0111\u1ed3ng ti\u1ec1n c\u00f3 ph\u1ea1m vi to\u00e0n th\u1ebf gi\u1edbi v\u00ec v\u1eady m\u1eb7c d\u00f9 c\u1ee5c d\u1ef1 tr\u1eef li\u00ean bang M\u1ef9 FED ch\u1ec9 l\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a m\u1ed9t n\u01b0\u1edbc nh\u01b0ng t\u1ea7m \u1ea3nh h\u01b0\u1edfng c\u1ee7a n\u00f3 l\u00e0 c\u1ea3 th\u1ebf gi\u1edbi.<\/p>\n<p>Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a m\u1ed9t n\u01b0\u1edbc l\u00e0 do ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a n\u01b0\u1edbc \u0111\u00f3 qu\u1ea3n l\u00fd. Khi th\u1ea5y kinh t\u1ebf \u0111i xu\u1ed1ng n\u00f3 n\u1edbi l\u1ecfng ti\u1ec1n t\u1ec7 \u0111\u1ec3 th\u00fac \u0111\u1ea9y ti\u00eau d\u00f9ng v\u00e0 s\u1ea3n xu\u1ea5t, khi th\u1ea5y kinh t\u1ebf \u0111i qu\u00e1 nhanh n\u00f3 h\u00e3m l\u1ea1i b\u1eb1ng c\u00e1ch th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7 \u0111\u1ec3 h\u00e3m \u0111\u00e0. Vi\u1ec7c FED t\u0103ng hay gi\u1ea3m l\u00e3i su\u1ea5t c\u0169ng nh\u1eb1m m\u1ee5c \u0111\u00edch nh\u01b0 v\u1eady, \u0111\u01b0\u01a1ng nhi\u00ean n\u00f3 s\u1ebd quan t\u00e2m t\u1edbi l\u1ee3i \u00edch c\u1ee7a n\u01b0\u1edbc M\u1ef9 h\u01a1n l\u00e0 l\u1ee3i \u00edch c\u1ee7a c\u00e1c n\u01b0\u1edbc kh\u00e1c.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10211\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy-1024x616.jpg\" alt=\"\" width=\"407\" height=\"245\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy-1024x616.jpg 1024w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy-300x180.jpg 300w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy-768x462.jpg 768w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy-200x120.jpg 200w, https:\/\/chienluocsong.com\/wp-content\/uploads\/Oil-vs-monetary-policy.jpg 1240w\" sizes=\"auto, (max-width: 407px) 100vw, 407px\" \/><\/p>\n<p>Khi gi\u00e1 d\u1ea7u t\u0103ng l\u00e0m t\u0103ng chi ph\u00ed \u0111\u1ea7u v\u00e0o c\u1ee7a s\u1ea3n xu\u1ea5t khi\u1ebfn cho n\u1ec1n kinh t\u1ebf \u0111i ch\u1eadm l\u1ea1i th\u00ec c\u1ea7n m\u1ed9t ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng (h\u1ea1 l\u00e3i su\u1ea5t). Khi gi\u00e1 d\u1ea7u gi\u1ea3m th\u00ec s\u1ea3n xu\u1ea5t gia t\u0103ng c\u1ea7n ph\u1ea3i k\u00ecm h\u00e3m l\u1ea1i do v\u1eady c\u1ea7n th\u1eaft ch\u1eb7t ti\u1ec1n t\u1ec7 (t\u0103ng l\u00e3i su\u1ea5t)<\/p>\n<p>T\u1ea5t nhi\u00ean l\u00e0 vi\u1ec7c th\u1ef1c thi ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng hay th\u1eaft ch\u1eb7t c\u00f2n ph\u1ee5 thu\u1ed9c v\u00e0o r\u1ea5t nhi\u1ec1u y\u1ebfu t\u1ed1 kh\u00e1c n\u1eefa c\u0169ng gi\u1ed1ng nh\u01b0 vi\u1ec7c kinh t\u1ebf t\u0103ng tr\u01b0\u1edfng hay suy gi\u1ea3m kh\u00f4ng ph\u1ea3i ch\u1ec9 ph\u1ee5 thu\u1ed9c v\u00e0o gi\u00e1 d\u1ea7u.<\/p>\n<p>Tr\u00ean \u0111\u1ed3 th\u1ecb, \u0111\u01b0\u1eddng m\u00e0u \u0111\u1ecf l\u00e0 \u0111\u01b0\u1eddng l\u00e3i su\u1ea5t. Giai \u0111o\u1ea1n 2003 t\u1edbi 2008 FED t\u0103ng l\u00e3i su\u1ea5t d\u1ea7n khi\u1ebfn nh\u1eefng ng\u01b0\u1eddi d\u00e2n vay ti\u1ec1n \u0111\u1ec3 mua nh\u00e0 ph\u1ea3i tr\u1ea3 l\u00e3i su\u1ea5t cao h\u01a1n, h\u1ecd bu\u1ed9c ph\u1ea3i b\u00e1n nh\u00e0 tr\u1ea3 n\u1ee3 ho\u1eb7c b\u1ecb ng\u00e2n h\u00e0ng si\u1ebft n\u1ee3. T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf ch\u1eadm l\u1ea1i n\u00ean FED ph\u1ea3i h\u1ea1 l\u00e3i su\u1ea5t, v\u00e0 gi\u1edd khi th\u1ea5y t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf kh\u00e1 t\u1ed1t th\u00ec FED l\u1ea1i r\u1ee5c r\u1ecbch t\u0103ng l\u00e3i su\u1ea5t.<\/p>\n<p><strong><span style=\"color: #339966;\">4. D\u1ea7u v\u00e0 t\u1ef7 l\u1ec7 Th\u1ea5t nghi\u1ec7p<\/span><\/strong><\/p>\n<p>Gi\u00e1 d\u1ea7u t\u0103ng -&gt; Chi ph\u00ed s\u1ea3n xu\u1ea5t t\u0103ng -&gt; Gi\u00e1 t\u0103ng -&gt; Ti\u00eau d\u00f9ng suy gi\u1ea3m -&gt; S\u1ea3n xu\u1ea5t gi\u1ea3m -&gt; Th\u1ea5t nghi\u1ec7p t\u0103ng. D\u1ec5 d\u00e0ng nh\u1eadn th\u1ea5y l\u00e0 gi\u00e1 d\u1ea7u v\u00e0 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p t\u1ef7 l\u1ec7 thu\u1eadn v\u1edbi nhau. Tuy nhi\u00ean n\u1ebfu gi\u00e1 d\u1ea7u t\u0103ng xu\u1ea5t ph\u00e1t t\u1eeb nhu c\u1ea7u d\u1ea7u t\u0103ng c\u00f3 ngh\u0129a l\u00e0 n\u1ec1n sx \u0111ang \u0111i l\u00ean th\u00ec th\u1ea5t nghi\u1ec7p gi\u1ea3m xu\u1ed1ng.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10218 aligncenter\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/oil-and-unemployment.gif\" alt=\"\" width=\"800\" height=\"491\" \/><\/p>\n<p>Gi\u00e1 d\u1ea7u t\u0103ng -&gt; L\u1ee3i nhu\u1eadn c\u1ee7a c\u00e1c c\u00f4ng ty li\u00ean quan t\u1edbi d\u1ea7u t\u0103ng -&gt; Gia t\u0103ng s\u1ea3n xu\u1ea5t -&gt; T\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p trong ng\u00e0nh gi\u1ea3m. \u0110\u1ed1i v\u1edbi c\u00e1c ng\u00e0nh l\u00e0m vi\u1ec7c m\u00e0 \u0111\u1ea7u ra li\u00ean quan t\u1edbi d\u1ea7u th\u00ec t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p gi\u1ea3m (Nghi\u00ean c\u1ee9u b\u00e0i <a href=\"http:\/\/chienluocsong.com\/kinh-te-hoc-p32-gia-dau-giam-anh-huong-toi-viet-nam-nhu-the-nao\/\">Kinh t\u1ebf h\u1ecdc P32<\/a> \u0111\u1ec3 hi\u1ec3u c\u00f4ng ty trong ng\u00e0nh x\u0103ng d\u1ea7u bao g\u1ed3m nh\u1eefng c\u00f4ng ty lo\u1ea1i n\u00e0o)<\/p>\n<p>B\u1ea3ng d\u01b0\u1edbi l\u00e0 m\u1ed9t t\u00f3m t\u1eafng m\u1ed1i quan h\u1ec7 thu\u1eadn ngh\u1ecbch gi\u1eefa c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 gi\u00e1 d\u1ea7u. M\u1ed9t s\u1ed1 m\u1ed1i quan h\u1ec7\u00a0theo hai chi\u1ec1u nh\u01b0ng m\u1ed9t s\u1ed1 l\u00e0 theo m\u1ed9t chi\u1ec1u.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10221\" src=\"http:\/\/chienluocsong.com\/wp-content\/uploads\/dau-va-cac-chi-so-vi-mo-chienluocsong.png\" alt=\"\" width=\"380\" height=\"205\" srcset=\"https:\/\/chienluocsong.com\/wp-content\/uploads\/dau-va-cac-chi-so-vi-mo-chienluocsong.png 529w, https:\/\/chienluocsong.com\/wp-content\/uploads\/dau-va-cac-chi-so-vi-mo-chienluocsong-300x162.png 300w\" sizes=\"auto, (max-width: 380px) 100vw, 380px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Vi d\u1ee5 nh\u01b0 &#8220;M\u01b0a l\u00e0m \u01b0\u1edbt \u0111\u01b0\u1eddng&#8221; ch\u1ee9 kh\u00f4ng th\u1ec3 &#8220;\u01b0\u1edbt \u0111\u01b0\u1eddng t\u1ea1o ra m\u01b0a&#8221;. \u01af\u1edbt \u0111\u01b0\u1eddng l\u00e0 &#8220;d\u1ea5u hi\u1ec7u&#8221;, &#8220;k\u1ebft qu\u1ea3&#8221; c\u1ee7a m\u01b0a m\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 nguy\u00ean nh\u00e2n t\u1ea1o ra m\u01b0a.<\/p>\n<p>Khi GDP t\u0103ng c\u00f3 ngh\u0129a l\u00e0 s\u1ea3n xu\u1ea5t gia t\u0103ng t\u1ea1o ra nhi\u1ec1u c\u00f4ng \u0103n vi\u1ec7c l\u00e0m v\u00ec v\u1eady th\u1ea5t nghi\u1ec7p gi\u1ea3m. L\u00fac \u0111\u00f3 thu nh\u1eadp ng\u01b0\u1eddi d\u00e2n t\u0103ng c\u1ed9ng v\u1edbi s\u1ef1 l\u1ea1c quan khi\u1ebfn h\u1ecd ti\u00eau d\u00f9ng nhi\u1ec1u h\u01a1n l\u00e0m cho l\u1ea1m ph\u00e1t t\u0103ng. C\u00f3 th\u1ec3 tr\u01b0\u1edbc \u0111\u00f3 nh\u1edd gi\u1ea3m l\u00e3i su\u1ea5t n\u00ean khi\u1ebfn cho chi ph\u00ed t\u00e0i ch\u00ednh c\u1ee7a DN gi\u1ea3m xu\u1ed1ng, ti\u00eau d\u00f9ng t\u0103ng l\u00ean t\u1ea1o ra s\u1ef1 t\u0103ng tr\u01b0\u1edfng GDP. Khi s\u1ef1 t\u0103ng tr\u01b0\u1edfng qu\u00e1 n\u00f3ng c\u00f3 nguy c\u01a1 t\u1ea1o ra b\u00f3ng b\u00f3ng th\u00ec ch\u00ednh ph\u1ee7 c\u00f3 th\u1ec3 t\u0103ng l\u00e3i su\u1ea5t nh\u1eb1m gi\u1ea3m t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng.<\/p>\n<p>Th\u1ea5t nghi\u1ec7p gia t\u0103ng do c\u00f4ng vi\u1ec7c \u00edt \u0111i, c\u00f4ng vi\u1ec7c \u00edt \u0111i do s\u1ea3n xu\u1ea5t suy gi\u1ea3m. Thu nh\u1eadp ng\u01b0\u1eddi d\u00e2n gi\u1ea3m n\u00ean h\u1ecd chi ti\u00eau \u00edt \u0111i khi\u1ebfn cho l\u1ea1m ph\u00e1t gi\u1ea3m. C\u00f3 th\u1ec3 tr\u01b0\u1edbc \u0111\u00f3 \u0111\u1ec3 k\u00ecm h\u00e3m t\u0103ng tr\u01b0\u1edfng ho\u1eb7c k\u00ecm h\u00e3m l\u1ea1m ph\u00e1t, ng\u00e2n h\u00e0ng \u0111\u00e3 t\u0103ng l\u00e3i su\u1ea5t. L\u00fac n\u00e0y \u0111\u1ec3 t\u1ea1o ra nhi\u1ec1u c\u00f4ng v\u0103n vi\u1ec7c l\u00e0m h\u01a1n ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u00f3 th\u1ec3 gi\u1ea3m l\u00e3i su\u1ea5t.<\/p>\n<p>L\u1ea1m ph\u00e1t t\u0103ng do ng\u01b0\u1eddi d\u00e2n c\u00f3 nhi\u1ec1u ti\u1ec1n h\u01a1n \u00a0xu\u1ea5t ph\u00e1t t\u1eeb t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p gi\u1ea3m. C\u00f3 th\u1ec3 tr\u01b0\u1edbc \u0111\u00f3 ng\u00e2n h\u00e0ng \u0111\u00e3 h\u1ea1 l\u00e3i su\u1ea5t khi\u1ebfn cho s\u1ea3n xu\u1ea5t, ti\u00eau d\u00f9ng gia t\u0103ng. L\u00fac n\u00e0y \u0111\u1ec3 gi\u1ea3m l\u1ea1m ph\u00e1t ng\u00e2n h\u00e0ng c\u1ea7n t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ec3 gi\u1ea3m cung ti\u1ec1n. Th\u01b0\u1eddng m\u1ee9c l\u1ea1m ph\u00e1t 2% l\u00e0 m\u1ee9c t\u1ed1i \u01b0u.<\/p>\n<p>L\u00e3i su\u1ea5t t\u0103ng khi\u1ebfn chi ph\u00ed t\u00e0i ch\u00ednh t\u0103ng, ng\u01b0\u1eddi d\u00e2n th\u00edch g\u1eedi ti\u1ec1n v\u00e0o ng\u00e2n h\u00e0ng thay v\u00ec ti\u00eau d\u00f9ng hay \u0111\u1ea7u t\u01b0; d\u1eabn t\u1edbi s\u1ea3n xu\u1ea5t suy gi\u1ea3m, th\u1ea5t nghi\u1ec7p gia t\u0103ng, l\u1ea1m ph\u00e1t gi\u1ea3m.<\/p>\n<p>Gi\u00e1 d\u1ea7u t\u0103ng l\u00e0m chi ph\u00ed \u0111\u1ea7u v\u00e0o c\u1ee7a DN t\u0103ng, s\u1ea3n xu\u1ea5t suy gi\u1ea3m, th\u1ea5t nghi\u1ec7p gia t\u0103ng, ng\u00e2n h\u00e0ng h\u1ea1 l\u00e3i su\u1ea5t \u0111\u1ec3 k\u00edch th\u00edch s\u1ea3n xu\u1ea5t. \u1ede v\u1ebf ng\u01b0\u1ee3c l\u1ea1i, khi s\u1ea3n xu\u1ea5t gia t\u0103ng khi\u1ebfn cho c\u1ea7u d\u1ea7u t\u0103ng, cung kh\u00f4ng \u0111\u00e1p \u1ee9ng k\u1ecbp n\u00ean gi\u00e1 d\u1ea7u t\u0103ng.<\/p>\n<p>\u0110\u1ec3 luy\u1ec7n kh\u1ea3 n\u0103ng\u00a0hi\u1ec3u m\u1ed1i quan h\u1ec7 gi\u1eefa c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 gi\u00e1 d\u1ea7u b\u1ea1n c\u00f3 th\u1ec3 \u0111\u1ecdc\/nghe nhi\u1ec1u c\u00e1c b\u1ea3n tin kinh t\u1ebf.<\/p>\n<div>\n<div class='stb-container stb-style-info stb-caption-box stb-no-caption'>\n<div class='stb-caption'>\n<div class='stb-logo'><img class='stb-logo__image' src='http:\/\/chienluocsong.com\/wp-content\/plugins\/wp-special-textboxes\/images\/info.png' alt='img'\/><\/div>\n<div class='stb-caption-content'>\u1ea2nh h\u01b0\u1edfng c\u1ee7a vi\u1ec7c FED gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t 27\/7\/2017<\/div>\n<div class='stb-tool'><\/div>\n<\/div>\n<div class='stb-content'>\n<div>Trong khi \u0111\u00f3, k\u1ebft th\u00fac phi\u00ean giao d\u1ecbch \u0111\u00eam qua (gi\u1edd Vi\u1ec7t Nam), \u0111\u1ed3ng USD gi\u1ea3m gi\u00e1 so v\u1edbi m\u1ed9t lo\u1ea1t \u0111\u1ed3ng ti\u1ec1n kh\u00e1c sau khi C\u1ee5c D\u1ef1 tr\u1eef li\u00ean bang M\u1ef9 (Fed) quy\u1ebft \u0111\u1ecbnh gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t v\u00e0 b\u00e0y t\u1ecf th\u1eadn tr\u1ecdng v\u1ec1 l\u1ea1m ph\u00e1t.<\/div>\n<div>Trong th\u00f4ng c\u00e1o sau cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch k\u00e9o d\u00e0i 2 ng\u00e0y, Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng M\u1ef9 cho r\u1eb1ng l\u1ea1m ph\u00e1t v\u1eabn \u1edf d\u01b0\u1edbi m\u1ee9c 2%. Ch\u1ec9 s\u1ed1 ti\u00eau d\u00f9ng c\u00e1 nh\u00e2n (PCE), v\u1ed1n \u0111\u01b0\u1ee3c Fed \u01b0a d\u00f9ng \u0111\u1ec3 \u0111o l\u1ea1m ph\u00e1t, t\u0103ng ch\u1eadm l\u1ea1i c\u00f2n 1,4% trong v\u00f2ng 12 th\u00e1ng qua so v\u1edbi m\u1ee9c \u0111\u1ec9nh 5 n\u0103m l\u00e0 2,1%.<\/div>\n<div>\u0110\u00fang nh\u01b0 th\u1ecb tr\u01b0\u1eddng d\u1ef1 \u0111o\u00e1n, Fed gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t, \u0111\u1ed3ng th\u1eddi tuy\u00ean b\u1ed1 s\u1ebd b\u1eaft \u0111\u1ea7u b\u00e1n ra tr\u00e1i phi\u1ebfu \u201ct\u01b0\u01a1ng \u0111\u1ed1i s\u1edbm\u201d.<\/div>\n<div>Ch\u1ec9 s\u1ed1 ICE U.S. Dollar, so s\u00e1nh \u0111\u1ed3ng b\u1ea1c xanh v\u1edbi 6 \u0111\u1ed3ng ti\u1ec1n m\u1ea1nh kh\u00e1c (EUR, JPY, CAD, GBP, SEK, CHF), gi\u1ea3m 0,2% xu\u1ed1ng 93,81 \u0111i\u1ec3m. \u0110\u00e2y l\u00e0 m\u1ee9c th\u1ea5p nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 6\/2016.<\/div>\n<div>Tr\u01b0\u1edbc khi Fed ra th\u00f4ng c\u00e1o, ch\u1ec9 s\u1ed1 n\u00e0y l\u00ean \u0111\u1ebfn 94,29 \u0111i\u1ec3m. Trong tu\u1ea7n tr\u01b0\u1edbc, ch\u1ec9 s\u1ed1 n\u00e0y \u0111\u00e3 gi\u1ea3m 1,4%.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<blockquote class=\"wp-embedded-content\" data-secret=\"YVKu5NS3oo\">\n<p><a href=\"https:\/\/chienluocsong.com\/kinh-te-hoc-p32-gia-dau-giam-anh-huong-toi-viet-nam-nhu-the-nao\/\">Kinh t\u1ebf h\u1ecdc (P32: Gi\u00e1 d\u1ea7u gi\u1ea3m \u1ea3nh h\u01b0\u1edfng t\u1edbi Vi\u1ec7t nam nh\u01b0 th\u1ebf n\u00e0o?)<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Kinh t\u1ebf h\u1ecdc (P32: Gi\u00e1 d\u1ea7u gi\u1ea3m \u1ea3nh h\u01b0\u1edfng t\u1edbi Vi\u1ec7t nam nh\u01b0 th\u1ebf n\u00e0o?)&#8221; &#8212; CHI\u1ebeN L\u01af\u1ee2C S\u1ed0NG\" src=\"https:\/\/chienluocsong.com\/kinh-te-hoc-p32-gia-dau-giam-anh-huong-toi-viet-nam-nhu-the-nao\/embed\/#?secret=9JaTjTsR4I#?secret=YVKu5NS3oo\" data-secret=\"YVKu5NS3oo\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<hr>\n<p><strong>Ngu\u1ed3n:<\/strong> <a href=\"https:\/\/chienluocsong.com\/thong-minh-tai-chinh-p4-dau-mo-va-cac-chi-so-kinh-te-vi-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\">Th\u00f4ng minh t\u00e0i ch\u00ednh (P4: D\u1ea7u m\u1ecf v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf v\u0129 m\u00f4) \u2014 chienluocsong.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: https:\/\/chienluocsong.com\/thong-minh-tai-chinh-p4-dau-mo-va-cac-chi-so-kinh-te-vi-mo\/<\/p>\n","protected":false},"author":1,"featured_media":1424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-1423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chienluocsong"],"_links":{"self":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts\/1423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1423"}],"version-history":[{"count":0,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/posts\/1423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=\/wp\/v2\/media\/1424"}],"wp:attachment":[{"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ngocha.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}