profit and nonprofit organisations In the face of market failure, coase has given the opposite answer: external-utility problems can be solved by explicitly using the market, without government intervention. And zhang wuchang is more absolute, he said that there is no so-called external utility, there is only unclear property rights. Anyway, coase brought revolutionary innovation to market concepts. He made it clear that the key to the market was not the "price mechanism" of impersonal machinery, but the power of participants in economic activity. After August 1987, for example, as the dollar fell, people rushed to buy sterling, the high-yielding currency, which rose from $1.65 to $1.90 in a very short time, up almost 20%. In order to limit the rise in the pound, the UK cut interest rates for several consecutive times between may and June 1988, falling from 10% to 7.5%, with the pound falling every time it cut interest rates. But the pound began to pick up again after the bank of England was forced to raise interest rates several times as the pound weakened too quickly and inflationary pressures increased. No one is a fool, and money doesn't make a profit. Yu 'ebao's interest rate cut is also to avoid risk. Point 1: look at the power of the platform. Look at the overall strength of the selected p2p platform, such as size, registered capital, and whether the company's overall operation is standardized. In general, the larger the strength and scale, the more standard the company will be.