！！！

Not only Zhao Chunjun and Secretary Liu, who were watching, but even Yang Zhuping showed a surprised look for the first time.

Zhao Chunjun vaguely felt that the situation had exceeded his expectations, just now when Zhang Chen mentioned Professor Wu, Zhao Chunjun slammed his eyes at Zhang Chen, and now his eyes are about to pop out.

Yang Zhuping stopped Zhao Chunjun, who wanted to speak: "Old Zhao, it's okay, although Zhang Chen is young, he has a very broad vision, and being able to look at problems from a certain height is worth encouraging." As for what is said to be right or wrong, we have to listen to it to know only then. ”

Zhang Chen turned his heart sideways, anyway, the role he played today is a young and frivolous character, if he doesn't take the opportunity to make a little more political capital, wouldn't he be blind to this opportunity?

Zhang Chen said impassionedly: "Just now the prime minister said that we have stood among the world's great powers, and I dare not agree. We are only a big country now, not a strong country. At present, our per capita GDP is only 1/48 of that of the United States and 1/69 of that of Japan. However, the renminbi cannot be used even in the nearby Xiangjiang River, so how can we talk about a strong country? A strong country is strong in people's livelihood, military, politics, and economy. And the first three need the economy to do the support. And how can we prove that we are already an economic power? Any economic power in the world must first have a strong currency, or at least become a regional hard currency. ”

"In the international community, the British pound, the German mark, the French franc, the Japanese yen, etc., although these currencies cannot be compared with the US dollar, are all strong currencies in the region and can be used as international settlement currencies. At the same time, they are also members of the IMF (International Monetary Fund) SDR (Special Drawing Rights Currency) currency. ”

"Of course, our currency is not strong, and the fundamental reason is that our economy is not strong enough. But when the economy is strong, is it possible for the renminbi to be internationalized? No, there is also a question of currency credit. ”

"Therefore, if we can't adhere to the principle in the financial crisis in Southeast Asia, the RMB will be depreciated accordingly, although it can have temporary benefits, but it will cause irreversible damage to the internationalization of the RMB in the future!"

Next to him, Zhao Chunjun's head was full of sweat, as a descendant of Yang Zhuping's side, he knew Yang Zhuping's preferences very well. Therefore, the information he gave Zhang Chen was also carefully selected after figuring out his intentions, but he didn't expect Zhang Chen to still exceed the outline.

The internationalization of the renminbi is too big a topic.

The benefits of the internationalization of the renminbi are enormous, the most direct of which is that it can extract huge seigniorage taxes from countries that use the renminbi for international settlement.

The so-called seigniorage, to put it bluntly, is the income obtained from printing money. For example, suppose there are only three countries in the world: Saudi Arabia, Japan and the United States, Saudi Arabia makes gasoline, Japan makes cars, and the United States does not make anything and prints dollar money. If the Saudis and the Japanese do not know each other's currencies, but they both know the dollar, then the Saudis need to buy cars with dollars, and they have to sell half of the oil to the United States, and the Japanese need to sell half of the cars to the United States if they want to buy gasoline, so that the Americans will get the cars and gasoline for nothing.

The cars and gasoline that the United States got for nothing were the seigniorage he collected from Saudi Arabia and Japan.

The reason why the United States has been able to establish economic and military hegemony around the world is because of the existence of the hegemony of the dollar. And the direct benefit of the hegemony of the dollar is the huge seigniorage that the United States collects every year from countries around the world!

This income really underpins the consumer culture of the United States, earning one and spending two, because at least one of them was bought for him by other countries.

What is a strong country? A real strong country is one who can make other countries pay tribute willingly. Now that it is a civilized world, there is no tributary system, so in other words, the country that can make other countries willingly pay you seigniorage is the real power!

What's more, the internationalization of the renminbi can bring other benefits such as reducing foreign exchange risk and facilitating border trade.

Therefore, the internationalization of the RMB has always been one of the most serious ultimate goals of Mr. Yang and the ********** after the reform and opening up, and in order to achieve this goal, it is an inevitable choice to resist some pressure and insist that the RMB will not depreciate.

Yang Zhuping was silent for a long time, and said with a smile: "I really didn't expect Zhang Chen to be less than eighteen years old. As soon as this sentence came out, Zhao Chunjun breathed a sigh of relief and quietly wiped the sweat from his head.

Yang Zhuping sighed: "As Zhang Chen said just now, there are too few scholars with an international perspective in our country, and in the final analysis, we are too weak now. ”

Yang Zhuping changed his words: "However, what Mr. Liang Qichao said is good, if the youth is strong, Huaxia will be strong." From Zhang Chen's generation, I feel hope. Our generation may not see the internationalization of the renminbi, but you will certainly be able to see it in the future! The next generation will certainly be able to use their ingenuity and perseverance to turn our country into a real power!"

Zhao Chunjun and Secretary Liu looked at each other, and Premier Yang spoke highly of Zhang Chen.

Yang Zhuping smiled and said, "Maybe you all wonder why I meet a student, it's actually very simple. The day before yesterday, I just got news from abroad that some international speculators abroad are preparing to move a large amount of money to Southeast Asia, and have purchased a total of more than $5 billion in six-month forward Thai baht contracts through various financial institutions. I happened to have just seen Zhang Chen's paper on the internal reference two days ago, and I felt that it was somewhat similar to the situation predicted by Zhang Chen in the paper, so I asked Chunjun to call you to talk. ”

Everyone was shocked when they heard this, and Zhang Chen's heart was shocked, the quantum fund really started in advance!

In fact, it is Zhang Chen's lack of understanding of history. Although history has deviated a little, Soros moved ahead of schedule, but not too much time in advance.

As a non-financial practitioner, most people's impression of the Asian financial crisis began in May '97.

In fact, since the end of January, the vanguard of international speculators has begun to enter the market one after another.

The entire Southeast Asian financial crisis was a battle that lasted more than a year, during which there were several large-scale battles, and it was not completely ended until the second half of '98. And not as the average person thinks, it's a blitzkrieg.

Yang Zhuping continued to ask: "You are the first person to raise the financial systemic risks in Southeast Asia, do you think this move of international speculators means that they are going to officially start attacking the financial system in Southeast Asia?

Zhang Chen calmed down his shock and said firmly: "I think this is not just a signal, it can basically be judged that international speculators have sounded the horn to attack Thailand." ”

(End of chapter)