readx; Television is indeed a good propaganda tool, which can strengthen the communication between the political axe and the people, and the public opinion campaign is also simpler. Pen & Fun & Pavilion www.biquge.info

Of course, there was such a thing as radio in the past, but it couldn't play the picture, and it wasn't too specific, so in terms of effect, radio was indeed good, but it was still a little worse than TV.

If you have a TV, you will have not only sound, but also images.

Xia Jun can use TV to quickly convey his will to every citizen, which is also the most convenient place for TV.

After Xia Jun bought the black-and-white TV technology, the TV technology was soon eaten thoroughly, and the East China Group soon built a relatively rough black-and-white TV.

Although the packaging looks rough, the technology is excellent, and the quality is no problem.

In March 1921, the Chinese Empire established the Chinese Imperial Television Station, the world's first television station, and the Chinese Empire quickly established a production line for black and white television sets.

At the same time, the Chinese Empire established the Bureau of Radio, Film and Television to build television lines.

The advent of television immediately caused a sensation in the developed countries of the world.

With the emergence of various scientific inventions in China, the world's perception of China has changed a lot.

"Within 10 years, every citizen will be able to watch television." This is the latest goal set by the Chinese Imperial Axe, and ten years is still a lot of time.

It probably won't take ten years at all.

Ten years ago, China was still poor and white.

Who knows what it will be like in 10 years' time? At least it will be much faster than in the last decade.

Nothing can stop China's development.

…… With China's economic development, the US economy has reached a state where it will be overtaken at any time, and for the American capitalists, the reason why they can have a place in this hegemonic world is because they have a stronger economy.

With such a strong economy, every country can compare with them.

Although the Germans may be more development-savvy, the geographical conditions of Germany are like that, which is a congenital deficiency, while the United States has a vast territory.

In addition, the United States is a capitalist country, everything is for capital, and if capital wants to develop, the political axe cannot hinder its progress.

The United States is also using its economic power to accomplish some of the goals they did not dare to imagine.

But when a group of people is very rich and can print their own tickets to exploit the whole country, then what else does this group of people have to pursue?

Domination of the world, that's a good goal.

But the United States found that China was catching up at an incredibly rapid pace.

The economic advantage of the United States is not much left compared to China, which is also vast and larger than the United States.

Bank capitalists in the United States have met more than once to discuss ways to throw off China's development.

"As long as we always have an economic advantage, then we will be able to defeat China."

"I think overdraft consumption is indeed a good way, not only to speed up the speed of development, but also to achieve the results of the final development."

"But if you print too much money, it's not going to be easy to compete with exports."

"You must know that it doesn't matter whether the United States relies on exports or not, as long as our internal economy can develop, as long as we can make some troubles, we can continue to make war money."

"The problem is that the current world situation is not easy for us to make war profits anymore, because we have competitors, and if we don't bring China down, we will never be able to enjoy this feast alone."

"But if we want to defeat China, we must also rely on the development of overdraft consumption patterns. We just need to close the door and not let the Chinese sell their stuff to the United States. At most, it's just a loss of some gold. ”

"That's right, the exploitation of the external market is really nothing compared to the rapid development of the internal market."

…… At this meeting, the monopoly bank capitalists in the United States finally agreed on a unified opinion, and a development model of overdraft consumption began to emerge.

This is their first attempt.

This is the first time they have played such a game since the Fed was founded.

But in theory, it's a good course to go.

If it is developed by overdraft consumption, then the whole country will be crazy about construction and crazy research on new production technologies.

As a result, not only will the infrastructure be improved, but also the production technology will be improved.

Of course, in the end, the fruits of these labor belong to them, the shareholders of the Federal Reserve. It is equivalent to saying that the whole country has been completely enslaved.

This model, so to speak, is simply a modern version of a slave society.

It's just that the effort is not tied down, and the exploitation is more sophisticated.

For the United States, China is their most threatening enemy at the moment. The premise of overdraft consumption is to print bills, the so-called additional currency.

They print money to issue additional currency, and others print counterfeit money.

From a competitive point of view, this is unfair.

Of course, the result of the additional issuance of currency is that the US dollar may be at a disadvantage compared to China's Asian dollar in international currency competition.

As a result, China's international credit and so on will gain the upper hand.

However, the world productive forces in this era are still relatively backward, and although there are profits from those exploitations, at this time China has stepped in, and the profits can only be said to be pitifully small for the wealth created by a country that is frantically producing and building.

Therefore, the United States does not have to compete with China in the international currency, and when the time comes, it will bring down China and grab China's gold, and the world is still dominated by the dollar.

The temporary advantage, in the eyes of the United States at this time, is already a floating cloud.

Moreover, the issuance of additional currency will not make the United States lose in the international market competition, at most it will only be at a disadvantage, but it still has a certain market share, and the entire international market will not be completely lost.

Therefore, this development model of overdraft consumption actually outweighs the disadvantages for these bank capitalists in the United States.

The methods of the bank capitalists in the United States are very evil, and their model of empty gloves and white wolves is basically to enslave the whole world into it.

For example, in the future, Citibank may make a profit of more than 30% a year, which is simply beyond the reach of ordinary banks, and ordinary banks may be able to make a profit of about 5% a year, and at most 10%.

To be able to have such a high profit, it is completely unattainable for ordinary banks to only engage in loans and other businesses.

The reason why these banks in the United States are so profitable is because they control almost most of the real estate in the entire country, such as the real estate in the entire United States, and probably most of the value is owned by the banks. At the same time, these banks control many industries in other countries.

These industries may not have a lot of money every year, but if there are many industries, the results will be very terrifying.

If you compare it to the landlords of the feudal era, there may be only a dozen landlords who occupy the arable land of the entire country, and then the money obtained by collecting rent every year will be squandered.

In the age of capital, land is only one link.

In May 1921, the Federal Reserve began to lower lending rates and relax lending restrictions, making it very easy for both businesses and individuals to get loans from banks.

And the Federal Reserve's money printing machine is running at increased power 24 hours a day, printing money like crazy.

…… The Fed's actions immediately attracted the attention of the Chinese Empire.

"The United States is starting to make a big leap forward."

This is Xia Jun's first thought, this model of the United States can be said to be a very extreme model, the people can squander wildly, although the internal friction is very large, and the material created is also very large. But the end result is that wealth is concentrated in the hands of bankers and resources are highly concentrated.

Extremely wasteful, yet highly concentrated.

This has some similarities with centralized reading.

Reading talent is to concentrate resources for development, and this kind of crazy overdraft consumption is equivalent to sending boxes of rotten oranges to the people, and they use these rotten oranges to consume constantly.

An ordinary person, he finds that there is almost no interest on the loan, then he will naturally go for a loan, for example, he wants to take out a loan to buy a house.

He would think that when he had to repay the money anyway, he would borrow a sum of money from somewhere else to repay it, and then borrow money from the bank.

Even if you really can't pay it back, it's a big deal to sell the house at that time, and the house is still going in price increase! Absolutely not.

But when it really comes time to close the line, the banks will start to raise the interest rate on loans, and at the same time, the money will not be so easy to lend, and the capital chain of the whole society will collapse, and the value of the houses and factories will depreciate wildly, because everyone owes money to the banks and has no money in their hands.

And a house that could have been sold for 100 yuan may be sold for 10 yuan by then, and no one will ask for it.

At this time, the bank not only has a large amount of money in hand, but also can buy real estate cheaply, and the original house of 100 yuan may be bought by the bank for only one dollar.

As for the cause of the economic depression, the explanations of later countries are that the capitalists lack reason and frantically expand production.

This explanation is not at all to the point, if there is no crazy consumption, how can there be a crazy expansion of production?

All the problems lie with the bankers.

Xia Jun calls this development model the 'capital version of the Great Leap Forward', or the 'capital version of the empty glove white wolf'.

Whether the Chinese Empire should follow up immediately has become a headache for the Chinese Empire at this time.

Whether or not to play this kind of trick like the United States still depends on the national situation. At least in the near future, the national conditions of the Chinese Empire are not suitable for such a game.

Because at this time, China's foundation is so small, and there are already some limits in terms of development, and it is necessary to stimulate it again.

The United States is different, the United States has a foundation there, after all, it is a country that has completed the first industrial revolution, and although the total length of railways at this time is not as exaggerated as 500,000 kilometers, it is also 160,000 kilometers.

After the war, the production potential of the American people was not fully realized. At this point, as soon as the bank is stimulated, it will be able to produce at a frantic pace.

(To be continued)