Born Tech Mad

Chapter [224] Foreign exchange support

The light source conversion instrument can bring huge profits to 800 million farmers. It stands to reason that no matter how stupid the country is, it will support this plan.

But now, it's all about investing.

If each light source converter costs 3,000 yuan, it will require funds as high as 24 trillion yuan, accounting for one-sixth of the country's annual fiscal revenue and expenditure.

Where the money will come from is now the focus of debate among the bigwigs.

The bosses discussed for a full hour, but still haven't come up with a decision.

Ross couldn't help it: "Leaders, let me tell the truth, don't be unhappy. Financial expenditures cannot be cut, and so much money cannot be squeezed out, I can understand."

"However, my country's foreign exchange reserves are the highest in the world, about 35 trillion U.S. dollars. As long as one-eighth is used to support this plan, the profits generated will be endless. It is no exaggeration to say that if it is really The annual income of each farmer can reach 30,000."

"800 million farmers use light source converters to grow food worth 24 trillion yuan. At that time, China's annual economic aggregate will not increase by 10%. It will be 30% to 40%. my country's economic aggregate, It will be able to catch up with the United States within a few years. I really don’t know why you have any hesitation. As long as you spend 400 billion US dollars to support this plan, the benefits ≦☆ will be dozens of times. Why hesitate? ?”

A big man sighed and said: "Major General Luo! This foreign exchange is not as easy as you said, you can take it out if you want. My foreign exchange is used to ensure economic security and maintain the status of RMB. my country's foreign exchange reserves , of which $13 trillion is the national debt of the United States, which is equivalent to the money lent to the United States."

"If you sell tens of billions of dollars, it will have little effect. Selling 400 billion U.S. dollars of national debt will be a big move. President Sean of the United States has already said that he wants to have a comprehensive cooperative relationship with our country. If at this juncture, a large number of U.S. National debt. The consequences, it will lead to economic war."

Ross was a little confused: "I don't understand the economy. I want to ask why the selling of US Treasury bonds will trigger a currency war."

Another big brother also stood up and sighed: "Major General Luo! This sale of US dollar bonds will trigger the depreciation of the US dollar, which will cause huge inflation to the US economy and lead to the deterioration of the US economy. Once my country sells a large number of US dollars. It will definitely cause panic in the U.S. government and even trigger an economic war."

Ross was a little confused: "Leaders, can you be more specific."

"Major General Luo, let me explain briefly to you. As an analogy, there is a cart of apples in the market, and there are 10 people around to buy the apples. Originally, the apples cost 5 yuan a catty, but each of these 10 people has 1,000 yuan. The price is 5 yuan a catty.

As a result, a local tyrant appeared. He dropped $10,000 to buy these apples. At that time, the value of this pile of apples was equivalent to 20,000 yuan. If you want to buy apples fairly, the other 10 people have to pay 10 yuan per catty. "

"The same is true for the U.S. dollar. It is issued based on the hard currency of gold reserves. If the amount of U.S. dollars issued exceeds this amount, the U.S. dollar will become worthless and will depreciate. Therefore, U.S. dollars cannot be printed at will.

If my country sells 400 billion U.S. dollars of national debt at once. The 400 billion was directly thrown into the market, and as a result, the capacity of US dollars in the market suddenly exceeded the standard. As a result, the U.S. dollar has become worthless, and it used to be something that was bought for 1 U.S. dollar in the market. May cost $15.

In order to avoid the depreciation of the U.S. dollar held by the reduction, other countries may also sell the U.S. dollar in exchange for a currency that does not depreciate. If countries sell a large number of U.S. dollars, these U.S. dollars can only flow to the United States in the end, and the consequences will be disastrous. This will raise prices in the United States, cause inflation, and will completely destroy the US economy.

Our country holds a large number of US dollars in order to prevent the United States from launching economic attacks on our country. Once the United States hits our country too hard. A massive dump of dollars is one of the best ways to hit America. If the United States does not receive these dollars, its credit will go bankrupt. After receiving these dollars, domestic prices will inevitably rise. "

Ross was a little dizzy when he heard this: "The leader means that if a large number of dollars are sold, it will cause the dollar to depreciate, and the United States will think that my country has launched an economic attack on them, right?"

The leader said with a wry smile: "Major General Luo, this is just one of them. The trade of all countries in the world is settled by US dollars. If all US dollars are thrown out, what will happen to the international trade settlement? Renminbi is not a global currency. There is no US dollar. Many commodities cannot be imported from foreign countries! For example, the chips that our country needs a year are worth 200 billion U.S. dollars. If you don’t use dollars to buy them, they won’t accept them in RMB!”

The big man went on to say: "And sell the US dollar. After the depreciation of the US dollar, many export companies in our country will reduce their export profits due to the depreciation of the US dollar. Many companies will go bankrupt and a large number of people will lose their jobs. The impact will be too great. So it’s hard to estimate the consequences of selling 400 billion U.S. dollars of national debt to support the light source converter.”

Ross scratched his head in a hurry: "America is a good cow! It has hijacked our country's economy by using the U.S. dollar. It's not worth throwing away U.S. debt. If you don't throw it away, you can only lend it to them to spend slowly. The little overlord of the United States lives so well because it borrows money from all over the world. Live! Damn! It seems that I need to do business in the future, let foreign countries use RMB to settle accounts, and help RMB go to the world. Prevent the impact of the depreciation of the US dollar.”

The top leader sighed and patted Ross on the shoulder: "Major General Luo, tell me frankly, how much does your light source converter cost?"

The light source conversion instrument originally cost 500 yuan, and Ross wanted to make money in a hurry, so he wanted the country to use 400 billion foreign exchange. Now that it is so troublesome to sell US debt, Ross is of course embarrassed to open his mouth, and immediately stretched out ten fingers: "Cost 1000 yuan."

"Oh! So, instead of 400 billion US dollars, it only takes 130 billion US dollars to produce a light source converter."

"Leader... Even so, we can't let Yuta Company sell it for 1,000 yuan! Yuta Company has to support hundreds of thousands of employees, and we spend all our money wisely. The technology we develop has nothing to do with it. If it doesn't help the country or the people, it should make money!"

"Major General Luo! We understand what you said. How about this, the country squeezes out foreign exchange, sells 30 billion U.S. dollars in U.S. debt, and sells 30 billion U.S. dollars worth of Japanese and European debt, so we can get together 60 billion U.S. dollars. Then farmers, let They pay 500 yuan for each light source converter, so that the light source converter can be put into production. The money owed will be deducted when farmers sell grain, and we will first produce this light source converter.”

Ross was helpless when he heard this. Now he can only get 60 billion US dollars in cash by using the light source converter, and the rest can only be written as white papers. But fortunately, farmers can deduct 2,600 yuan when they sell grain, so they don’t have to worry about repaying their debts. .

After hesitating again and again, although he will earn less money temporarily, he will earn more money in the future. Ross nodded and agreed: "Okay, the country will lend me 60 billion US dollars, and I will use it as production investment costs. After manufacturing the light source converter, I will pay for it." That $60 billion in interest."

The top leader finally smiled: "There is no need for interest. Farmers grow food early, export it in large quantities, and exchange it for a large amount of foreign exchange. It has a significant effect on improving the country's economy. The country will not charge you interest. I will immediately find a way to get the foreign exchange department to get the money. money."

Ross squinted and smiled: "Okay!"

The top leader couldn't help it anymore: "Major General Luo! Let me ask you a question! In fact, funds are not a problem for you at all. As long as you list Yuta Company, I believe that 1.4 billion people across the country will rush to grab it The stock of Yuta Company. You are really short of funds, if you list Yuta Company, the cash you will get will be at least several trillion yuan!"

Ross smiled embarrassedly: "If it goes public, the people of the whole country will become shareholders of my Yuta company. Don't I want to distribute money to the people of the whole country, it's not the time yet!"

"Hehe! Major General Luo, aren't you being too greedy? If your Yuta company is listed, you will have assets of more than 500 billion U.S. dollars. How much money do you want to make!"

"Leader! The technology I want to develop will burn money, and the speed will scare you, so I really can't go public now to distribute dividends to the people of the whole country. When my technology is fully developed, I will definitely list the company. Let the people of the whole country become shareholders of my Yuta company. Our Yuta company helps the people of the whole country to make money, and everyone makes a fortune together."

"Hehe, I can only hope that day will come sooner."

"Leader! The manufacturing capital of the light source conversion instrument is barely a problem. What should we do about the problem of exporting grain?" (To be continued.)

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