Chapter 14: The Days of Difficult Questions

1. Financial problems

At noon on a summer day, Director Qian was lying in bed resting when a low snoring sound came out of his throat, just as he was traveling around in his dreams. Pen ~ fun ~ pavilion www.biquge.info suddenly, the ringtone of the mobile phone rang. The mobile phone was not far from his ear, and the ringtone played a beautiful ringtone, and the ringtone came into his ears, urging him to wake up from his dream.

"Oh, there's a phone. He reached for his phone to his ear. "Hey, what's going on there?" said the other party, "I'll have a meeting in the conference room on the 14th floor of the bank building at three o'clock in the afternoon." Director Qian said into his phone with understanding, "Okay, I see." He put his phone aside and looked up at the wall clock on the wall, which was exactly 2:30 p.m.

"Oh, it's time to get up. He got up from the bed with his feet in his slippers, got up and took a few steps forward, reaching out to remove his clothes from the hanger and put them on himself. He walked over to the dressing mirror and straightened his tie in front of the mirror and combed it.

He took a few steps to the left sideways, sat down on a small chair, reached out and opened the small door of the shoe cabinet, and took out a pair of brand-name black leather shoes from inside, which he put on his feet and tied them casually. He stood up and turned to the bed and picked up his phone again, he looked up at the wall clock on the wall, and muttered, "It's time to go." ”

With that, he strode out of the room and down the stairs. When he came out of the hallway, a small blue car was parked not far away. He walked to the front of the car unhurriedly, stretched out his hand to open the door, sat in the car next to him, closed the door casually, and the car drove out of the community compound in a blink of an eye.

At three o'clock in the afternoon, Bistable held a seminar on solving financial problems in the conference room on the 14th floor of the Children's Receipt Bank Building. The meeting was attended by the world's top bankers and entrepreneurs, and Bistable presided over the meeting.

The first content of the conference was the keynote speech of the conference by Bistable, and Bistable walked to the podium politely. He said, "Hello, gentlemen, ladies and gentlemen!

The financial issues that I am going to talk about today have been seen and heard by everyone. The financial situation in the world is such that developed countries, represented by Europe and the United States, are now facing the problems of deflation and lack of liquidity. Developing countries in Asia are also facing the threat of excess liquidity due to inflation. The global financial situation is figuratively half cold and half hot.

Today, the Children's Ticket Bank has gathered everyone here to hold a seminar on global financial issues, in order to find a solution to the above problems through discussion----------。 ”

After the bistable speech, the next step was the speech of Mr. Rozgau, the representative of the Federal Reserve, who walked up to the podium with blue-eyed blonde hair and a handsome toe. "You know the U.S. economy, as a result of the financial tsunami, is now facing severe deflation and illiquidity," he said. To this end, the Fed decided to start the second round of quantitative easing monetary policy, that is, to open the money printing machine and print dollars to solve the problem of insufficient liquidity, figuratively speaking, to open the floodgates. Otherwise, there will be a crisis in the U.S. economy--------。 ”

The third speaker was Shu Xinman, a representative of the board of directors of the Bank of Asia, who stepped up to the podium and shouted: "Fed, close the floodgates, all the water you released is now flowing to Asia." At the moment, one of the drivers of inflation in developing Asia is your printed dollar. If you continue to print like this, inflation in the developing countries of Asia will flood the economy------。 ”

After Shu Xinman's speech, the discussion in the venue gradually formed two major factions. On the one hand, there were representatives of developed countries represented by the Federal Reserve, who advocated the use of quantitative easing monetary policy to stimulate economic growth, and on the other hand, representatives of developing countries in the third world, who unanimously opposed the Fed's irresponsible practice of releasing water. The deputies of the two sides exchanged words at the meeting, and the deputies were so angry that they were red-faced during the debate.

Seeing that this controversy could not end, he stood in the center of the hall at a young age, and the delegates did not take him seriously. In a hurry, he shouted loudly: "Teacher Qian, please let someone go and bring my big gong, I want to strike the gong." Director Qian, assistant to the president, heard that the two presidents were calling him without saying a word, and hurriedly got up and walked out of the venue. After a while, Director Qian asked four big men to carry a large gong with a height of one person to the center of the venue.

Bistable picked up the gong hammer, exerted all his strength, and struck the gong hammer towards the center of the gong fiercely, only to hear the sound of "tom", the aftersound of the gong echoed in the venue, and the delegates who were arguing were silenced by the sound of the gong. Everyone in the room looked towards the state of stability.

Stabilizing the gong hammer in his hand to the side, he mustered up the courage to say loudly: "Distinguished delegates, don't argue, and listen to the voice of our children's ticket bank." After listening to the bistable state, the delegates laughed "ha", "ha", "ha". Several delegates smiled and said, "Can you children solve the world's problems that we adults can't solve?"

Bistable said calmly: "The proposal made by our Children's Bank may solve this problem. Everyone in the room looked at the bistable state with a look of amazement. Bistable steadily stepped onto the podium, saying: "A bank that can solve social problems will become a great bank." Although the children's receipt bank is inconspicuous in the eyes of adults, we teenagers also want to express our own views on the financial problems that are happening in the world today, just like adults. ”

He continued: "I have just listened to the speeches of several delegates, and I know why the Fed wants to have a monetary policy of quantitative easing, and I also know the reasons for the opposition of the developing countries of the third world. Without quantitative easing, the U.S. economy would run into a crisis, and if quantitative easing was undertaken, it would bring higher inflation to developing countries. It's a difficult dilemma, and how can we all find the best solution if we don't want the U.S. economy to run into a bigger crisis, and we don't want higher inflation in the developing world?"

He paused and continued: "Do you know the meaning of the word 'receipt' in the children's receipt bank? What I would say is that bankers also value every penny, every penny. The current money-issuing banks only pay attention to printing large denominations, and do not pay attention to the value of a penny. Printing too much of a large denomination of banknotes can easily shrink the use value of the currency and cause inflation.

I suggest that the Fed print dollars, one cent, one cent, and not large denominations, because the cents are printed more, which increases the liquidity of the currency without increasing the total amount of money. Wouldn't that be a proposal to have the best of both worlds if there would be no too big currency shock to developing countries, and inflationary pressures would be alleviated?"