.Rebirth of 1990's official fortune   Volume 3  Storm and Clouds  Chapter 136  Three Questions

At this point, Zhang Yan glanced at the reporter who asked the question: "This will create expansion. People who have experienced the sharp rise in grain prices at the beginning of the year should have an impression. In fact, this year's agricultural products have a bumper harvest. According to economic theory, the price of grain and oil should fall, right? But now, the price of grain and oil has risen a little.

These are obvious inflation. The culprit is the binary economy. A large amount of funds have been transferred from the supercooling sector to the hot sector. All supercooling sectors have shortage of funds. How do they deal with the funding problem? Asking the government for banknotes and printing money has led to full inflation. Then at this time, the problem of over-liquidity has emerged. The price of grain and oil this year has increased by as much as 0. The price of five servings of pork is 26%, and the egg is 37%. Until today's November, the increase has increased from 0% to 60%. It has been very high recently.

In other words, the meat we eat is half expensive. This consumption is not a small problem. You can survive by saving one. You have to eat 3 every day. You don’t eat for a meal and you have to swear. If you don’t eat for a day, you have to jump to your feet and scold your mother. How did such a terrible increase come about?

Basically, it is caused by binary. Take soybeans as an example. Let’s talk about why soybean prices have risen? There are two reasons. The first is that the domestic soybean production cut last year. But after this summer, the US soybean production increased by 20%. This factor of production cuts no longer exists.

The second is that the planting area is reduced. However, after the planting area is counted this year, this number has returned to the highest level within ten years. Therefore, this factor is also unreliable.

According to my theory, as the investment and business environment deteriorates rapidly, what will farmers who grow soybeans do to squeeze out the money they should invest or not to invest to form virtual funds to enter the stock market and the real estate market. So we carefully study the reason for the rise in soybean prices is to just use soybeans to do whatever they want. Soybeans are so careless. They are all thinking about speculating in real estate like you do.

So the current excess fluidity is just a false proposition. In fact, the hot department is too hot and cold. The cold department is too cold and uneven, causing fever. If you want to reduce the fever, the best way is to add the cold side and cool the hot side. This is the best!

The audience applauded thunderously. Those private enterprises were even more excited. They slapped them for a long time!

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After the voice, Zhang Yan asked Jiang Feng again. This time, Director Jiang was not so relaxed and unconsciously avoided Zhang Yan's sight. It was a good opportunity to chase the remaining brave men. Zhang Yan smiled and asked Director Jiang a question: "Director Jiang, how do you think our country's foreign exchange reserves come from?"

This topic is not difficult for Jiang Feng. He talked about Zhang Yan's question: "It is a symbol of a country's stability in the second Asian crisis. It is because of insufficient foreign exchange reserves. It is because of the lack of foreign exchange reserves. It has an important alternative position for the stability of the country and the investment in economic development!"

After saying that, Director Jiang gave a lot of applause. In the midst of the voice, Director Jiang took advantage of the situation and asked, "I wonder how Director Zhang views this issue?"

Isn't this just a fool? I can't see you so much! Zhang Yan looked at Jiang Feng leisurely: "Before talking about this problem, I wanted to compare our country and Japan's economy before the collapse of the economy. Our fixed investment proportion was 45%, while Japan was 30%. We accounted for 35% of consumption and Japan accounted for 58%. Such a large amount of investment is even 30% more than domestic consumption. This shows that our expenses are insufficient

Domestic consumption capacity is not good, but our economy is still growing at 10% annually. Who are we selling so many economic goods?

In the end, it can only be sold to foreigners! This has caused a volume-trade surplus. The term "export-to-investment" is a terrible synonym for me. The essence of export-to-investment is to exchange resources for foreigners. For example, selling coal to the Japanese. The Japanese used it to reclaim the sea. Cut down the trees and make chopsticks without any additional price to sell them to Japan. Why doesn't Japan cut down its own trees?

He will not do that stupid thing himself. He will not do it to destroy resources. Who will he do it for? For the Chinese people! You use coal and other things that have no added value to make foreign exchange that will definitely depreciate. The name is export creation. In fact, it is synonymous with sin.

The government's concept of exporting foreign exchange earnings based on the concept of GDP has caused serious imbalance in my country's economy, causing a large trade surplus. We have reached 1.4 billion.

Surplus. If you are proud of 1.4 billion, these 14 trillion are the inevitable result of a series of strategies. What is the result? It gives Europe and the United States an excellent opportunity to suppress the appreciation of the RMB. I really can't think of any reason for the Chinese government to prevent the RMB from continuing to appreciate. The inevitable appreciation of the RMB is what I call the fourth economic crisis.

In other words, China now does not need an extrovert economy. Or it does not need an extrovert economy as the main focus. What we need to do is to diligently cultivate internal strength, increase people's domestic demand, and then reduce the practice of exchanging resources for foreign exchange. The country is lucky and the people are lucky."

Zhang Hua was once again covered by applause!

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"What I want to talk about next is finance. The rise of the two major financing parameters has made it difficult for Chinese enterprises to make a living and the investment environment continues to deteriorate and gradually dies. Look at which export-type manufacturing industry in my country is better. Life is getting harder and harder. So he will not invest. So he will squeeze out virtual funds as I said before and enter the real estate market. Then you may ask me. How much virtual funds are there?

Let me tell you a number. That is, the money that we entrepreneurs should invest but do not invest is invested in the stock market and real estate market compared to Europe and the United States, causing bubbles. Therefore, the bubble phenomenon is more serious when the exchange rate rises. On the surface, it looks the same as Japan at that time. How can we know that the reason is very complicated. Chinese entrepreneurs no longer invest and speculate in real estate.

I would like to ask you to think about a question. You should invest instead of investing. Who is the investment space given to? This empty space will inevitably be used by foreign-funded enterprises. The rise in interest rates and exchange rates has caused difficulties in the business environment. The inevitable result provides an excellent opportunity for foreign capital to enter China. Please take a look at our private entrepreneurs. This phenomenon of selling companies and factories is everywhere.

Some people think that our country has the advantage of cheap labor. The idea is very wrong! How much is the advantage of labor? In production, the hardware cost is at most one-quarter, which means a maximum of 2% of the money. That's all. But the entire international industry division of labor is at least three-quarters.

Recently, there were two companies in Shanghai. One is the Zara in Spain, a Swedish company, h0-1. How can we build it? Why do people enter China at such a low price? That is the division of labor in China's industrialization. People start to ask for profits from the Tao. They save a lot of costs through channels and give up hardware. Therefore, they can enter China with the highest profit and the lowest cost. This is the reality that began to occur this year. We must pay close attention. If we still have any fantasies about cheap labor, you will be too pitiful.

We have two famous companies and started to fantasize. One is Li Dongsheng of TCL. The second is BenQ in Taiwan. The two companies want to be internationalized. How to do this? They want to use China's cheap labor to cooperate with foreign brands and technologies. They want to go global and international.

This idea is that you don’t have access to the software channel. You want to use a little bit of influence on the parts to fight back. This is not very difficult, because cheap labor can only save up to 2% of the money.
Chapter completed!