What is inaccurate about the transmission mechanism of monetary policy is（ ）.

A、Tobin's Q transmission mechanism believes that monetary policy will change asset prices, thereby contributing to consumption changes through wealth effects;
B、The traditional interest rate transmission mechanism believes that monetary policy affects investment through interest rates and thus plays a role;
C、The exchange rate transmission mechanism believes that monetary policy will change the exchange rate level, cause trade changes, and thus affect output;
D、Monetary conduction theory believes that monetary policy works through the actual balance effect