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The 433rd chapter is the arrival of a new era (3)

If the staff were praising Chen Yi's boldness, Chen Zhongguo was re-recognizing his grandson, just like a hawk who had just woken up was checking the spoils of the chicks.

"Currency" is like a 10-meter-long python or a 300-pound rabbit, which surprised the Eagle's family.

Mr. Zhou said with a question: "Is the issuance of bonds a corporate bond?"

“It can be said to be a corporate bond, but I want it to be liquid.”

"Unknown securities? That's a big difference from currency." Mr. Zhou laughed with confidence.

"I want these bonds to circulate in the market. So the face value is small, such as 100 yuan or 50 yuan, and there will be a large amount. At the same time, they are unnamed and easy to carry. In short, they should have certain monetary attributes to be suitable for exchange." Chen Yi repeated it and said in more detail. Of course, it also surprised everyone even more.

The four of them listened carefully. Rather than being surprised by what Chen Yi said, they were surprised by Chen Yi himself.

Mr. Zhou is an expert in the economy, but he did not know that Chen Yi would have resources outside the earth, so he opposed it as much as possible: "The value and interest rate of bonds are floating, and currency should be as constant as possible. Therefore, although the rank securities can be made like currency, it is not currency after all."

Speaking of this, Mr. Zhou became energetic and sat upright and said: "During the Civil War, the United States did issue Lincoln green coins as currency. However, what we need to pay attention is that it was a war period, with prices soaring and inflation rising. As long as there was no war, we would not encounter such a situation..."

"It is almost certain that the government will issue currency indiscriminately. Instead of asking them to collect seigniorage tax! Why can't we charge it?" Chen Yi looked at his grandfather and said, "Lincoln green coins are a currency that Americans miss. If we provide an honest currency that can not depreciate so that the government will issue without over-issuance, it will be the greatest contribution to everyone, and we will also have the benefit of mastering the currency."

The benefits of mastering the currency!

This benefit is naturally great.

But the greater the benefit, the more you seem to be aware of your mind.

Mr. Zhou’s survival experience made him not believe in such a huge plan, so he insisted: “The era of Lincoln green coins has passed, and you don’t have enough precious metals to serve as reserve currency. I will never agree with your use of national reserves for this experiment.”

He turned to Mr. Chen and said: "If we do this, foreign governments and domestic businessmen will exchange them for precious metals without hesitation and then transport them back to China. This is...7. If I have enough gold and platinum as collateral, can I recast the gold standard in Jiangning? By the way, Mr. Zhou, you have put foreign governments and domestic businessmen in the same place.

Old Zhou said in a daze: "Even if it is circulating in Jiangning, do you know how much gold and platinum you want to use?"

"I have prepared 100 tons, and I can add 20 tons per month." Chen Yi said this gently.

Not only Mr. Zhou, but also the four old men who were smiling at the scene were all stunned.

According to the current value of more than 200 yuan per gram, 1 ton of gold costs 200 million yuan, and 100 tons of gold is 20 billion yuan, and it is cash. It is really true and the hardest currency cash is everywhere you go.

And it increases by 20 tons every month, and God knows where he gets 20 tons.

Not to mention 4 billion yuan, there must be mines.

The first thing that comes to mind is Wuxin County, Jiangning City, where the gold output is not small, and few people know how much it is. They are now controlled by Chen Yi.

Chen Zhongguo looked at his own eagle with an extremely strange look. He wanted to ask several times but didn't ask this time. In the end, he chose not to know the details and asked instead: "The purpose of your purpose of moving He Zhenhan is to issue currency?"

"I want to issue gold bonds through Jiangning Bank. There are 0.4 grams of gold in every 100 yuan bond, which can be cashed at any time. The first issue of 100 tons of bonds can be passed in Jiangning City. The government admits that taxes can be paid. I will store gold in Jiangning Bank as collateral or reserves, which all require the approval of the mayor of Jiangning and the secretary of the Jiangning Municipal Party Committee. eThe masters looked at each other.

This is the real issuance of currency, a currency with extremely low interest rates but almost no inflation. It is almost beautiful to hear it.

However, if the number of gold bonds is too small, it will become a kind of gold bond without the value of the currency! But if the quantity is too large...even a reserve of 100 tons is not considered a large quantity in the eyes of the senior management.

Unless it is like discovering a new world, there is another South Africa in the world, with the current currency issuance, the small amount of gold and platinum that Chen Yi put into the market will soon be swallowed up, just as the wealth in people's hands is swallowed up by the state or any powerful institution using interest rates and inflation.

On the other hand, if there is really sufficient supply of gold, platinum and silver in the world, then the currency issued based on precious metals will eventually be able to collect seigniorage tax on the first day. In the first, second, third and even many periods, Chen Yi can issue seigniorage tax without seigniorage, that is, as much precious metal mortgage as there is, to ensure that there is bond circulation on the market, while cultivating confidence. It can be imagined that at the beginning of bond issuance, people will surely exchange gold frequently instead of holding bonds, but as time goes by, as long as the exchange can be maintained, people's confidence will gradually accumulate.

Confidence is the greatest wealth of a currency.

The only obstacle is how can non-state organizations or institutions issue currency?

Chen Zhongguo looked at his three aides and didn't know what to say. Chen Yi's proposal was bold and almost deviant, but for these four people who had experienced wars and movements and were familiar with the decision-making of the upper class of the country, they would have a strange temptation.

Because they all know that the country is a monster-like wolf. It will not stop eating sheep because the sheep on the ranch is getting thinner. It will become fatter and fatter when it eats it until all the sheep on the ranch is eaten, or a new and strong monster wolf will take over it.

For a monster-like country! Granting it the power to issue currency and giving it the leverage force to set interest rates is to give it the leverage force to exploit.

Only 30 years after mankind was separated from the gold standard, the United States could not wait to use the means of devaluing its own currency to pay international debts. God knows when China will enter the era of government deficits - but one day, the endless government taxes will not be enough to cover the expenses of more and more pope dogs. By that time, that day is not far away, devaluing currency will be a delicious pastry that makes them intolerable.

There is absolutely no monster in any country that has self-control, and the only thing that can tie it is iron chains.

An honest currency that can be exchanged for gold is a chain. The so-called national credibility is just frozen meat used to consume. When the monster finishes eating it, it will naturally eat sheep.

The country and the people are two opposing ones, and even Chen Zhongguo, the upper class of the country, must recognize this point. Returning to precious metal currencies is a correct path, but it is not realistic enough.

After hesitating for a moment, Chen Zhongguo whispered: "If you want to solve the economic problem, then you chose the wrong way. There is no simple solution to the economy!"

Economic problems cannot be solved by a single-selling method!

Although from an aesthetic point of view, human beings themselves tend to solve problems with simple and clear means! But in the final analysis, economic problems are a complex and numerous problems that cannot be solved in one way.

Chen Yi thought to himself: What I used is not a simple method.

The development of the Western Continent is such a vast project. Chen Yi himself dared not take the helm himself. If he hadn't always improved his strength, he would not have managed such a complicated situation.

You can get a large amount of precious metals! This is not a simple method!

"No matter what the future is, will it be feasible if I insist on replacing He Fuhan and implementing small amounts of bearer claims at the same time?" Chen Yi asked Mr. Li, but his tone was obviously firm.

If it weren't for Chen Yi, Mr. Li would not have been reluctant to answer such questions. But in the end, he would have only said lightly: "There are great political risks."

“I just asked to take the first step.

All decision-making powers are in the hands of Chen Zhongguo.

He didn't think for too long, but in fact, he was thinking more about Chen Yi than his proposal itself.

Chen Zhongguo rarely has it, or to be more precise, he has never seen Chen Yi be passionate. This may be the only time, and it will probably not happen again in the future. If one political risk can be exchanged for a great improvement in the next generation of the family's helm.

He is willing to speak

Considering this, Chen Zhongguo gave a last shot and said, "Chen Yi, if I agree with your request, then no matter what the circumstances are! If I ask you to stop, you must stop."

"What's going on?"

"The central government's strong demand? Any situation."

Jiangning had no capital to fight against the central government. After Chen Yi agreed, he said: "You can only catch it once. If I make a comeback, I will lose this condition."

"Let's go around the east mountain again!" Chen Zhongguo laughed and came over, saying "Okay".

Mr. Fo tends to be a policy consultant and immediately said:

"It is not difficult to dispatch He Fuhan, but the difficult thing is what price he paid.

Chen Yi, tell me your suggestions.”

"It requires the cooperation of a senior bank official and the control of the National Reserve Bureau." Chen Yi saw that they didn't speak, so he said: "The He family borrowed a lot of money, some from abroad and some from domestic banks. I need that senior official to get the debt and cash situation of the He family for any reason. If they want to borrow money in China, they should disclose more or less."

Mr. Zhou was used to being an aide and habitually forgot the dispute just now, and agreed: "If the bank officials insisted, they could get a lot of information. Let's organize it and get a specific number of things, and then what?"

"Then try to lend money to the He family and let them buy copper futures at a high level. Finally, they use copper from the National Reserve Bureau to threaten him."

Chen Yi is not very confident, and he waits for criticism after he finishes his words.

Unexpectedly, the three aides thought for a while, and Mr. Fo gave a "good" comment.

"Aren't you afraid that I will really sell the national copper reserves?"
Chapter completed!
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