Distant.

Xin'an City.

A secluded teahouse.

Everyone sat in a circle, drinking tea, Tang Kai did not have the generosity of no reason, and took out the tea given by Tang Qing, so as not to let these people always ask for it in the future, it is difficult to refuse, and it also makes Tang Qing embarrassed.

"You say, this time, will inflation break out, and money is worthless?"

Take a sip.

A local family leader worried.

Just at the meeting.

Didn't dare to mention it.

But it doesn't mean that they don't care, a lot of money, inflation, this is the basic financial knowledge, there is more money, but it is not worth it, if so, it is disturbing.

"Why didn't you ask. ”

"You dare?"

"Don't dare. ”

"That's it. ”

"In fact, you should look at it from another angle, any country, as long as it is in a period of rapid development, inflation is inevitable, but as long as the exchange rate does not fluctuate much, there is no need to be afraid. ”

"Inflation, which mainly refers to a decrease in the purchasing power of money and the rise in domestic commodity and asset prices, but do you think it will happen when the prices of raw materials are not fully marketized?"

"No, in the Myanmar-Asia Special Economic Zone, grain, vegetables, meat, industrial raw materials, in order to stabilize the price of the end consumer market, the Bank of Myanmar Group has been implementing pricing. ”

"As long as this mouth is not loosened, the purchasing power of the currency held by people will not change much, and how much was a pound of rice last year, to the first half of this year, the increase has not been 3 percent. ”

"The average person doesn't feel it at all. ”

"The salary is still enough. ”

"However, the stability of commodity prices is due to policies and pricing. But asset prices are rising, so inflation is not something we should be concerned about, that's a normal thing. ”

"Exchange rate. ”

"It is the criterion that determines the absolute value of our wealth. ”

Miao Yin analyzed.

Took a sip of tea.

Go on.

"The exchange rate, which currently adopts a fixed exchange rate system, is directly determined by the Bank of Myanmar, plus foreign exchange controls, will not change much in the short term, unless someone shorts the Asian dollar. ”

"However, this road will not work for the time being, and the central bank of Myanmar has not relaxed its lending of foreign capital to the Asian dollar, such as Soros shorting the Thai baht, that is not to be considered. ”

"In the future, as the circulation of the Asian dollar increases, there is no doubt that the floating exchange rate will definitely be implemented, but this does not mean that our wealth will depreciate significantly. ”

"How can I avoid devaluation?"

"First of all, of course, the exchange rate system. ”

"Secondly, there are several products under the Myanmar and Asian systems that can earn a lot of wealth from other countries. ”

"In the end, it's us. ”

"Why let us go out? Why encourage investment in foreign trade enterprises, in addition to increasing the circulation scope of the Asian dollar, is to let us make more money, form an internal circulation, and protect the value of the Asian dollar. ”

Hear this.

Some people crooked their heads.

I don't feel like I understand!

Inner circulation?

What's the loop?

Shake one’s head.

Miao Yin felt that these old friends had used their brains to make money, and rarely thought about Shangfeng's intentions, and he also had a son in charge of economic policy design, and his vision was much higher.

"What is internal circulation?" someone asked.

Miao Yin smiled.

"For example, in the past, if we imported timber and people didn't charge Asian dollars, we had to give foreign exchange to others, so that the foreign exchange reserves would be reduced and the ability to resist exchange rate shocks would be small. ”

"Now, even if people are willing to accept Asian dollars, they may turn around and ask our central bank to exchange them for dollars or euros, so that foreign exchange reserves are still reduced, which is not much different from before. ”

"However, if we buy this company and use the Asian dollar to settle the settlement, we get the Asian dollar, do we need to exchange it for dollars? No, we can hold it for a long time. ”

"Once someone wants to short the Asian dollar. ”

"For example, Soros shorted the Thai baht, in addition to his own funds, there must be those who follow the trend and sell, those enterprises, individuals, financial capital, and foreign exchange management agencies of various countries that hold the Thai baht. ”

"When the wind blows, one side falls. ”

"It's dangerous. ”

"However, if an internal circulation is formed, the Asian dollar earned by the companies we invest in abroad will not join the ranks of the sell-off, so that the storm that speculators want to brew will be reduced. ”

"Even, the foreign exchange we earn can be reversed, so that short sellers lose all their money. ”

Speaking of which.

Miao Yin couldn't help but sigh at the power of this move.

Through the Chamber of Commerce.

Tie everyone together.

By expansion.

Improve the 'self-protection ability' of the Asian dollar.

If these foreign trade enterprises controlled by them continue to expand, even if only one-third of the foreign trade demand of the whole Myanmar is controlled by Myanmar Asian enterprises, it will have a huge effect.

Anyone who wants to come and go short.

Think about it.

Whether.

As long as this third is stable, it is likely to affect the other third of the conservative capital, and the rest will be difficult to make big waves.

Cow pen.

It's awesome.

。。。

Qingyan City.

Manor.

After listening to Miao Yin's words.

Tang Qing just smiled, there are still a lot of smart people in the world, this deep-seated benefit has been thought of, indeed, there is also a reason for letting them acquire foreign trade enterprises.

Foreigners make money.

A lot of it has been converted into foreign currency and left, which belongs to uncontrollable capital.

Henceforth.

Myanmar Asian enterprises gradually control Myanmar's main imported commodities, and the Asian dollar earned is stable capital, which will not be affected by short capital, which greatly maintains the stability of the Asian dollar's exchange rate.

。。。

Teahouse.

Being explained like this, everyone nodded in unison.

Terrible.

I didn't expect that there is this deep meaning, as long as they don't betray Yayuan, it is not easy for outsiders to shake Yayuan, and will they betray? Silly, who has nothing to do to dig their own graves.

Exchange rate.

determines the absolute value of their wealth.

Protect the Asian dollar.

It is to protect their core interests.

"But other holders will not be affected. ”

In addition to businesses, individuals.

There are also international financial institutions and national foreign exchange management agencies.

"As long as the main commodity trade is handled, the problem is not too big, the individual holdings are generally not much, and financial institutions, if they want to borrow Asian dollars from banks here, where is it so simple. ”

"As for the foreign exchange management institutions of various countries, it is a risk, and this is what we have to work on, as long as we are strong enough, we can make them have an extra layer of concern, and they will not easily fall to one side. ”

On falling into the well.

Miao Yin felt that the last party was not a small risk.

Very simple.

If you give people a loan for a project, and they owe it, well, they have to repay the debt, and if you borrow the Asian dollar to repay the Asian dollar, then of course they are happy to depreciate the Asian dollar, so that they can repay it less in the future.

Depreciation by 20 percent.

That's 20 percent less.

World.

It's so 'cruel'.

It doesn't matter about morality, it's just a profit-seeking behavior of capital, and because of this, their existence is needed.