recently ,the central bank has raised the interest rate many times, however , it seems not useful for the stock market. As the president said, the stock market of China had been out of control of the central bank. Through the observation ,we easily saw although more and more big shareholders left , meanwhile ,more and more small stockers entered. It is very dangerous. Once the stock market fell down, many persons would be broken, during which the farmers took up majority.So, how can they pay back their loan, and the interest rate is so high? Our government has done a sharp thing.