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―――――― the Chinese Empire is indeed not in a hurry to play bubble economy, because Xia Jun, as a traverser, knows the economic development route after World War I, the first ten years were very prosperous, and the last ten years were very depressed. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

If the original time scale is still followed, then the Chinese Empire can even engage in a bubble economy after 1929.

But it is clear that history has changed, and the Chinese Empire only needs to mention the events to 1925 at most, that is, the Chinese Empire will follow in three years.

Within three years, the goal of the Sino-Kazakh empire is to build the country's infrastructure clearly, so that it can build a bubble economy and lend low-interest loans to the people on a large scale to stimulate domestic demand.

However, at present, the Chinese Empire is also capable of engaging in a bubble economy, at least in the eastern region, it has the basic conditions, but it does not have the conditions in the inland and western regions, and the conditions in the north are not too good.

The conditions for the inland and northern regions will soon be available, because it is not difficult to build infrastructure in the inland and northern regions, and the empire loves to lay 30,000 kilometers of railroad tracks in 1921, which can be said to be extremely crazy, and even the United States did not have such crazy laying behavior at the beginning.

Behind such crazy construction, the Asian Federal Reserve has continuously issued additional currency, so that the capital chain has been in a state of fullness, compared with the crazy printing in the United States, the Asian Federal Reserve is relatively restrained.

Although Xia Jun wrote the article on preventing bubble economy in Fuxing Bao, the problem is that China does not have a bubble economy.

The railroad construction bubble was strong.

This is also the only relatively large bubble at present.

Railways could be built privately, and the land of the Chinese Empire was also privately owned.

At this time, the rate of return on the construction of railways in the Chinese Empire was very high. Especially in the state of the gradual prosperity of the domestic demand market, a large number of raw materials and commodities are transported by rail.

It is the higher rate of return that drives the construction of the railway.

Therefore, although the bubble exists, it is not large.

At this time, the construction is still a bit rational, and it will not be repetitive.

At the same time, in the transportation industry of the Chinese Empire, road transportation and railways also arose, and the competition between road and railway transportation has become more and more intense.

However, there are still many advantages of rail transportation compared to automobiles.

After all, the Chinese Empire was such a huge country, but when goods were transported over a certain distance, road transportation lost its competitive advantage.

Roads have the strongest competitive advantage within 300 kilometers.

In the face of the booming road transport, the railways around the country are still very busy.

At this time, the Chinese Empire was frantically building land, so the transportation of building materials alone occupied a lot of railway capacity, and at the same time, the mining of raw materials in various places also occupied a lot of railway capacity.

The transportation price of the railway is relatively cheap, and as long as it continues to operate, it is indeed not difficult to recover the cost, which is why the Chinese Empire was keen on railway construction at this time.

The prosperity of the Chinese Empire due to its foreign exports also led to internal prosperity to a certain extent.

Coupled with a large number of construction activities, the internal market began to prosper.

Moreover, at this time, the Chinese empire had not yet developed an overdraft consumption model, so it was impossible for the market to become unprosperous.

In fact, economic development is very easy to control as long as the policy is appropriate.

After all, after the prosperity of the internal market, the infrastructure that cannot keep up with the infrastructure will be built with a lot of money to keep up with the development of the market.

This development consumes a lot of resources, theoretically.

But in reality, this is not the case, in a very prosperous market, there will be a lot of construction, and at the same time, after the economic collapse, the people will owe a lot of money to the banks.

And if the bank is a state, then the country can also have a lot of manpower at its disposal when it starts a war.

In the market economy, if you refine a product, you will find that almost most of the cost is labor cost, not labor cost, which belongs to the cost of real estate.

But the cost of real estate, except for those fields, other man-made real estate can continue to be broken down into labor costs.

The overdraft consumption method in the United States is indeed beneficial, but in the Chinese Empire, it is up to the state to indulge this model, otherwise the money will run into private hands.

With the development plan of the Chinese Empire, this crazy railway construction will continue for more than ten years. If there are no problems in policy, this kind of crazy construction can be sustained.

This is a kind of man-made and controllable crazy construction, and in fact, for the country, the risk is very small.

The bubble economy will burst because banks stop lending abroad.

At that time, the economic pain will naturally occur, and the enterprise will no longer have to bear the debt, and the individual will need to continue to repay the money, but the private person generally does not owe too much money, and the bank cannot let the individual overdraft to the extent that it is impossible to pay it off.

At most, it is an overdraft of two to three months' wages, and it can lend to all citizens at low interest rates to let them consume, and with the population size of 500 million people in the Chinese Empire, this pattern of overdraft consumption can theoretically last for a long time.

Then after the collapse of the economy, all the people have to work for the state for free for two or three months, so the country has a lot of money to fight.

Moreover, in the early days of the war, when the economy had not fully recovered, and wages were obviously not as high as they were before the economic collapse, the people might have to work for the state for half a year, or even a year.

At the same time, the state does not need the citizens to pay back the money immediately, and at the same time, the state still collects taxes.

In this way, the war potential is incomparably terrifying.

The state does not need to introduce any coercive deprivation measures to be able to acquire vast resources to wage war.

For a country with a population of 500 million, it is not all the population who is responsible for the operation of the war machine, so it may be possible for the country to fight a war for more than ten years, and it can continue.

Therefore, the Chinese Empire has begun to establish a credit system on a small scale, and wants to issue credit loans to a small number of citizens, but the interest rate is still relatively high, and not all citizens will take out loans.

If you want to increase the amount of lending, you can just reduce the interest rate to almost nothing. Of course, it is not possible to drop to the point of none, but it can be gradually lowered to avoid too much money flowing into the market during the same period, which will lead to sharp inflation.

In general, this model is that I lend you money, and I don't want you to pay interest. As soon as the individual gets the money, there will be a lot of business activity, which makes the whole market extremely prosperous and people's incomes start to increase. Since the income has increased and the interest rate on loans is low, most people are willing to take out loans in order to enjoy their goals in advance, such as houses, cars, etc.

But the banks suddenly stopped lending, plunging the market into a depression and making it impossible for the entire country to pay back.

Then, the state will use the foundation built up by the previous overdraft consumption to wage war against other countries, and the people owe a lot of money to the bank, which can provide the country with incomparably rich resources to wage war.

Before the Second World War arrived, the Chinese Empire had to complete this process.

When the Chinese Empire has completed this process, it can immediately wage war against other countries, and it will be a full-scale war.

As for when to join the war, the Chinese Empire had a great initiative.

…… In 1922, the early construction of Zhongjing in the Chinese Empire had been basically completed, Zhongjing was located 80 kilometers south of Kaifeng, 50 kilometers west of Zhuxian Town, a new city established in a wilderness.

In order to solve the water problem in Zhongjing, the empire diverted water from the Mudanjiang Reservoir and built the first water diversion line of the South-to-North Water Diversion Project.

Large-scale construction of the South-to-North Water Diversion Project has already begun, with the focus on solving the problem of water use in the north.

The empire focused on the protection of groundwater resources in the north, and at the same time closely monitored the ecology of the north and west, curbing the deterioration of the ecological environment caused by economic development.

At this time, there were often some floods in the northern grasslands, which were much better than the conditions that continued to spread into deserts in later generations, and the Chinese Empire had a strong sense of prevention at this time, so the possibility of the deterioration of the ecological environment in the north and west was reduced to a very low level.

Faced with the problem of desertification, the Chinese Empire specially transferred the production corps to the edge of the desert to carry out careful greening of the desert.

Later, China also took this measure, sending the army to green the desert, but the problem is that after the trees are planted, they make a report, and then there is no one to take care of them, and some of these trees die, and some are killed by the local residents for some profit, maybe just for the pots.

The Chinese Empire at this time took a variety of measures, first to establish a drip irrigation system in the desert edge area, then to plant trees, and at the same time to establish a sand barrier in the area where the trees were planted to prevent these trees from being flooded with sand and dust.

At the same time, a special nursing team was established to manage these trees, replant them when they die, and prevent man-made damage.

For man-made destruction, there is a clear provision in the Imperial Criminal Code that the destruction of desert green vegetation can be punished according to the severity of the act.

The empire did not rush into this kind of greening, but planned to green as many areas as possible every year, first to stop the spread of the desert, and at the same time to compress the desert area every year, and finally surround the entire desert, and then completely green the desert.

Drip irrigation is an important technology for greening the desert, and the surrounding areas of the desert may lack sufficient water, so the empire has stepped up efforts to divert water from the south to the north.

At the same time, the empire also planned to draw fresh water from Lake Baikal, which is now the North Sea. The North Sea has the world's largest freshwater resources, and diverting water from there is a good option, at least enough to supply the desert drip irrigation system.

In addition, the empire has secretly built a large desalination plant in the Bohai Sea, and the energy used for this desalination plant is Tesla electric ring as an energy source.

Therefore, it was necessary for the empire to divert water from Lake Baikal, so that there would be a lot of water from Lake Baikal for the north, and most of the water would be pumped from the Bohai Sea and sent to factories for industrial use after desalination.

In fact, these desalination plants are not known to anyone, the main problem is that the Tesla electric circle power plant built by the Chinese Empire must be blocked and not known to the people and other countries.

After much deliberation at the top of the empire on how to develop the northern industrial cluster, it was decided to establish a model based on free energy.

The main issue is water, where industrial water comes from, and what happens to industrial wastewater.

Whether it is desalination of seawater or treatment of industrial water, it must consume a large amount of energy, and if it is developed with backward productivity, then it is not cost-effective.

Therefore, the empire began to consider using Tesla electric coils to provide energy for desalination and sewage treatment.

The empire would concentrate the polluting industries and build sewers to discharge the sewage into sewage treatment plants, which would also treat the city's sewage.

Each city will have a special pipeline for sewage discharge, and even the sewage discharge pipes in many cities can be connected together and discharged to a single super-large sewage treatment plant.

And these sewage treatment plants will use Tesla electric coils as an energy source.

"If no country can fight us in the future, then we can turn the enemy into nature, the same model, but after the depression we restore the economy by transforming nature." Xia Jun once said such a sentence at a high-level meeting.

This basically determined the development model of the future Chinese Empire.

When there is an enemy, when the economy is depressed, start a war to restore the economy. When there is really no enemy to fight, we can fight against nature, and we can transform nature without considering the cost like war, which can also stimulate the economy.

If the cost is taken into account, then the economy will not recover, because the state's behavior of ignoring the cost is actually using the money that the people owe to the bank, and if it is too stingy, the people will not be able to pay it back, and naturally they will not be able to stimulate consumption next time.

The purpose of transforming nature is to make the people enjoy a better quality of life and to make production safer and more uninhibited.

"If there really is such a day, we can even transform the Loess Plateau." Yan Xishan is fully aware of the great potential of such a model.

Before World War II, the United States used this method to a certain extent, restoring the social chaos caused by the decade-long economic depression when it did not enter the war.

In fact, if the money wasted in the war were to be built, the speed of its development would be terrifying.

After all, when a large amount of low-interest loans leads to an incomparably booming economy, there will be a lot of construction activity. And when the economy is depressed, and the state uses the money that the people owe to the banks to build some high-cost but socially beneficial projects, then whether it is a boom or a depression, it may carry out crazy construction.

With the productive forces of this era, in fact, only a small part of the population is needed to maintain the basic consumption supply of society, and the majority of the population can be invested in those constructions.

And these people owe money to the bank, which is equivalent to the capitalist version of the slave society, because they need to pay back, so they are essentially no different from slaves.

That's the case in the American model, because banks are private, not state.

This is not the case with the Chinese Empire, whose banks are all owned by the East China Group, which will inevitably carry out nationalization reforms in the future, and at the same time will distribute its shares to the people.

Therefore, in the future, China will use this model, which can only be said to be a model of 'organization building', not a squeezing type, but a squeeze must also exist.

If it weren't squeezed, everyone would be rich, and who would still work?

In terms of the productive forces of this era, it is actually very easy for people to achieve material prosperity, if there are no taxes and so on.

However, the development of a country is inseparable from the organization of political axes, so taxation is definitely needed.

At the same time, the political axe also has to organize some high-cost construction projects, relying on taxes by general means is not so much money, and the society is not depressed, and labor costs will be very high.

At a time when the construction of Zhongjing was almost complete, the proposal to move the capital of the Chinese Empire was officially on the way.

Hangzhou was very developed at this time, after all, it was suitable for economic development, and it was the political and cultural center of the Chinese Empire, but the problem caused was that it was too developed, and there were some uncoordinated interferences between economic development and administration.

The relocation of the capital is inevitable.

In addition to the consideration of strategic security and other issues, the Imperial Cabinet and the Diet passed a bill to move the capital, and decided to officially move the capital to Zhongjing in June 1922, and at the same time successively moved all central departments to Zhongjing.

After four years of construction, Zhongjing has been relatively perfect in terms of water and transportation, and has the basic conditions to become the capital.

Most of the citizens of Hangzhou were opposed to the relocation of the capital, but no radical actions occurred.

In all respects, the outcome of the relocation of the capital is irreversible.

Especially in terms of strategic security, Hangzhou is located on the coast and is no longer suitable as the capital of the empire. The Empire was a vast empire at this time, with a huge strategic buffer to choose from.

…… In a blink of an eye, June had arrived, and the Chinese Empire had officially moved its capital to Zhongjing.

Zhongjing has built the largest square in the world, a magnificent square that can accommodate two million people, and the empire will hold a grand military parade on July 16, Army Day, to celebrate the empire's move to Zhongjing and the 13th anniversary of the founding of the army.

In this military parade, China invited all third world member states to participate, and at the same time invited the world's media, to put it bluntly, this is another show of force by the Chinese empire to show its muscles to the world.

A large number of Imperial Wehrmacht troops began to be mobilized in Zhongjing, and the Ministry of the Emperor of China organized 300,000 army troops and 2,000 military aircraft to participate in this large military parade.

In addition to the National Defense Forces, there are also armed police and militia units.

On that day, Zhongjing Square was crowded with people, and millions of people from all over the country rushed to Zhongjing to watch the military parade.

Salutes were fired and military music was played. The honor guard was the first to appear, holding the military flag and appearing in the field of vision.

As the guard of honor walked past the viewing platform, they all raised their left hands.

This military parade will inevitably go down in history.

Because of this military parade, Xia Jun moved out of the original historical notorious Nazi military salute, because the German Nazis had not yet controlled power at this time, the military salute was still old-fashioned.

Therefore, Xia Jun moved out the Nazi military salute from the original World War II period, which became Chinese characteristics.

Xia Jun also stretched out his left hand on the viewing platform, reaching out to the sky at a 45-degree angle.

(To be continued)