1194 The Ministry of Finance relented

(Today's Army Day, not more than one chapter, Hulu himself feels a little embarrassed.) Pen & Fun & Pavilion www.biquge.info who guesses how many more will be tomorrow. )

"No, absolutely not, our country's foreign exchange reserves are not much, and now if tens of billions of dollars are transferred for investment, it will not work at all!" Liu Yijiu persuaded the old man, but the old man hoped that Liu Yijiu himself could convince the National Bank, the Ministry of Finance and even the ******. "As for investing or something, it's just a joke that you can quadruple your money in just two or three years?"

When this plan was proposed, it was resisted by the three competent units.

Foreign exchange reserves have just exceeded 100 billion yuan, and they have been accumulated by relying on a large amount of foreign investment.

A large part of these foreign exchange reserves are contributed by the Ninth Academy.

At present, the Ninth Academy wants to allocate tens of billions of yuan not for technology introduction, but for international investment, which is unacceptable for the entire national financial system.

In particular, officials from the Ministry of Finance and the State Administration of Foreign Exchange thought that Liu Yijiu was joking, or that Liu Yijiu wanted to transfer the funds to himself.

"If I'm going to transfer state assets, I need to convince you? Even the millions of dollars I got at the beginning were in the bank and didn't move! Liu Yijiu sneered, these officials were really a little shallow and blind.

He also knows that when it comes to major decisions in China, they are very cautious.

It is not easy for the country to accumulate this amount of foreign exchange.

In 1977, Treasury Secretary of the Carter administration, Brumessa, used the trade surplus between Japan and the former Federal Republic of Germany as an excuse to verbally intervene in the foreign exchange market, hoping to stimulate U.S. exports and reduce the U.S. trade deficit through measures to depreciate the dollar. His speech led to a frenzied sell-off of the dollar by investors, which depreciated sharply against the currencies of major industrial countries. At the beginning of 1977, the exchange rate of the U.S. dollar against the yen was 290 yen per dollar, and in the fall of 1978 it fell to a minimum of 170 yen, and although the U.S. dollar finally fell to an unbearable point of 41.38%, because of this, the export competitiveness of the U.S. products more than doubled, thus solving the problem of the U.S. trade deficit on the part of the United States......

Liu Yijiu said these things as soon as he said them, as if he had prepared them from the beginning.

People who are not professionals in the world will not understand these things at all.

The state is very cautious about international financial investment, and even if foreign capital is allowed to enter China, international financial capital is not allowed to enter China.

It is worried that these financial capitals will have too much impact on the country's economy.

"At the beginning of the 80s, because Paul Volcker became chairman of the Federal Reserve Board of the United States, in order to solve the sharp depreciation of the dollar and serious domestic inflation, he raised the official exchange rate three times in a row, and implemented a deflationary fiscal policy, and a large amount of international funds were used in the United States, thus opening the road to rapid appreciation of the dollar. From the end of 1979 to the end of last year, the dollar exchange rate rose by almost 80%! If we had seized the opportunity to exchange a large number of dollars when the dollar was depreciating, and now we have exchanged it for other international currencies when the dollar has appreciated, we would have been able to earn at least double the profit without doing anything! ”

"Comrade Xiao Liu, aren't you talking about an afterthought? Afterwards, everyone can know these things ......" Qian Shumin, the boss of the Foreign Exchange Administration of the Ministry of Finance, said to Liu Yijiu with a wry smile, "This thing is not as easy as imagined, what if the operation is wrong?" Afterwards and beforehand, these are two different things! Because we know all the developments afterwards! ”

Liu Yijiu really wanted to tell them that because he knew the development of things, for the whole world, it was still something that did not happen, but for himself, it was already an afterthought.

"We have reliable sources of intelligence. We don't move the country's foreign exchange, we only mobilize our own little money. Moreover, not all of them are put into it, we only need ten billion dollars! Liu Yijiu emphasized that the money belonged to his own Ninth Hospital.

"What yours, those are state money!"

"It's really the money of the state, but we have the right to use it. We are here to get more, not to support whose private purposes! ”

Liu Yijiu looked coldly at Lin Zhiping, vice president of the International Bank, who had always been jumping up and down with a big hat, "Moreover, this money itself is in the account of our Ninth Academy!" ”

"Discuss well, don't say anything that is not related to the topic of discussion." Seeing that there was a quarrel, the old man frowned and said lightly.

"If we don't invest, it's okay, and the Ministry of Finance's budget next year will also include our funding needs. We don't ask much, next year's entire capital demand, about 18 billion, according to the accounting of our finance department, the next year's capital budget is about 30 billion, the third year may increase to 50 billion...... "Liu Yijiu simply did something shameless. "Otherwise, we wouldn't be able to carry out these projects. I know that many leaders in China do not attach great importance to the development of the military industry, after all, the world is no longer at war. Perhaps, we won't need our army for a few more decades......"

This matter is really a bit shameless, but Liu Yijiu doesn't care at all.

If someone from the Ministry of Finance or someone else wants to stop the Ninth Academy from investing, then just give money to the Ninth Academy.

Although, the funding needs of the Ninth Academy are not so great.

"Do you know how much we spend on military expenses a year?" Wang Bingqian, the bigwig of the Ministry of Finance, asked Liu Yijiu with a wry smile.

This kid is too ambitious, and he opens his mouth to tens of billions.

The military's annual budget is only 20 to 30 billion yuan, and it will not exceed 40 billion yuan next year.

Their financial needs are simply too speechless.

"Because of our existence, the military's demand is so small, and the country can invest more in economic construction! Leaders, everyone knows the situation in our country, so for so many years, our Ninth Academy has never asked the country for a penny...... "Liu Yijiu knew that Big Boss Wang was not targeting himself.

The Ministry of Finance is really good enough.

After all, the state has no money in the first place.

Even if the annual growth rate is at a double-digit rate in recent years, the total economic output will not grow, and the growth rate will not reach a certain extent.

How many years has it been since the reform and opening up?

Many finance bigwigs have even gray hair for money.

The country is too big, the economic foundation is too poor, there are too many places that need money, and various systems have come to the Ministry of Finance to ask for money, and even the leaders of various local governments have stretched out their hands and waited for the support of the Ministry of Finance.

The current development of the country has a lot to do with the efforts of these bigwigs.

"This is indeed the case...... "No matter what the boss of that department can say at this time."

"I know it's hard to believe that we don't have a problem with our funds, no matter how sure you can guarantee them. But this time we are really helpless, we need too much money, if there is no mistake in the operation, not to mention within ten years, at least eight years we will not worry about the problem of funding. At that time, at the current rate of national economic growth, for us, military spending will be able to support our development......"

"Why don't we vote less? A billion dollars? Wang Bingqian asked Liu Yijiu tentatively.

"Ten billion dollars, not a penny. The investment is too small, the base is too small, even if we can double it, it will only be two billion, which is a drop in the bucket for our project. Liu Yijiu shook his head and rejected the Treasury Department's proposal to give a billion dollars. Besides, we don't have to move these dollars, isn't Japan investing all over the world now? The Ministry of Finance can negotiate with Japan, and we will use the $10 billion as collateral to borrow from Japan, and they will give us the yen directly at the official exchange rate, and we will invest those yen in the Japanese domestic market......"

Liu Yijiu simply asked the people in the Ministry of Finance to make things difficult.

Borrowing money from Japan and investing in Japan?

It's simply not possible.

Because the Japanese economy is overheated, a large amount of domestic funds cannot find a place to go!

Chinese loans, doesn't this make Japan print trillions of yen more?

"This won't work!" No one agreed to this proposal.

Liu Yijiu didn't even hold out hope.

"Or, our Ninth Academy will be returned to the state now, anyway, this amount of funds will be able to support our development for another three years. Rather than having to stop all projects in three years because the funding chain is broken, it is better to do it sooner rather than later. Liu Yijiu continued to put pressure on the Ministry of Finance.

The increase in military spending in recent years has been very small, but the requirements for the military in the country's national defense construction have been constantly increasing.

The annual budget of the Ministry of Finance to the military was originally much less, and the military bigwigs did not make a fuss, just because the funds that Liu Yijiu and his own hands got were also invested in the military system.

"Or else, that's fine. Anyway, we can print dollars ourselves, or we can just print 10 billion dollars and put them in the market......"

Anyway, if you don't give this $10 billion, Liu Yijiu will definitely not do it.

If you give them soft sister coins, the money is printed by the state itself, and you don't have to worry about anything else at all.

But Liu Yijiu wanted dollars.

"This ......," the corners of Wang Bingqian's mouth twitched.

I have long known that this kid dares to do anything, they should have swiped a lot of dollars over the years, and even the United States has begun to pay attention to this matter, once the source is finally found, it will not be a good thing for the Ninth Court or China.

"Forget it, anyway, this money is earned by your own Nine Yuan, so I'll give it to you......" In the end, the Ministry of Finance has no choice." We can only give you a small amount of yen, and you have to figure out the rest by yourself, although there are a lot of yen entering our country every year, many of them are converted into dollars, and we have imported a lot of technical equipment from Japan......"

(To be continued.) )