Section 676 Show off your wealth to the world
This plan is not financed by direct stock sales, but direct government investment, because at present, it seems that inflation has been contained, and inflation was less than 1% last month, so there is no need to worry at all. Pen & Fun & Pavilion www.biquge.info
So this is just an alternative, if the highway network is built and can be profitable, then use the profits to pay off the debt, when to pay it off, when to cancel the toll, if there is a sudden increase in inflation in the process, it can also directly capitalize the highway project, push it to the market, and siphon away the consumer funds.
If you want to consume, you can't overconsume, and the economy in this period is really difficult to control.
To be able to do this to this extent, Yang Chao is actually quite proud, you must know that all countries throughout the ages, but all those who directly send money to their own citizens through printing money, have all caused serious inflation, and finally inflation will directly swallow up the money sent down, and even the common people find that the weight of the goods that can be bought with the money in their hands has also decreased, the most typical is the North Koreans, they suddenly increased everyone by 100 times, and as a result, the economy almost collapsed, prices rose by more than 100 times, and the money was even less valuable.
Similarly, after the collapse of Soviet Russia, the government issued stocks to everyone, and as a result, most people exchanged stocks for vodka to drink, allowing a large number of economic oligarchyes to monopolize various enterprises and make a windfall, but the common people could not even eat enough.
China also more than doubled wages, and as a result, Yang Chao through the Chinese's habit of saving money, coupled with the issuance of small bonds, and later even the buying and selling of stocks, turned these sudden increases in wages into high savings, without letting too much money flow into the market, under this control, the people's money is still money, turned into deposits, bonds and stocks, and slowly released, so that it will not cause prices to rise, so that their income can really grow.
In this way, it is equivalent to a real doubling of national income, and any country in the world can do this in ten years, it will be a miracle, and China has only taken five years from 30 years, which is the most real miracle.
However, after the start of the minimum wage system, just like when Yang Chao was crazy about investing in Shandong, European and American economic experts have come up with various theories to prove that the minimum wage set by Chinese is too high, which will definitely cause hyperinflation and even economic collapse, but Yang Chao once again made them eye.
At the same time, it has once again set off an upsurge in the economic circles to study China's economic system, and scholars visiting Shanghai will come to Shanghai every month with one or two weighty points, and they will inevitably visit Zhang Jiaao, which also makes Zhang Jiaao quite proud.
But it's obviously too early to drink celebratory wine, the economic structure is still unbalanced, light industry continues to lose, the proportion of heavy industry is too large, government investment has further aggravated heavy industrialization, these are no market, the international economic relations in this era are far from forming an organic whole, the international division of labor is still very rudimentary, and this situation will not improve before World War II, so Yang Chaohao needs to take the national economy and grit his teeth to death until after the outbreak of World War II. At that time, the war in Europe first provided an incomparably large market, and then after the war Europe was rebuilt on a large scale, and the European countries that lost the spirit of great power would be more receptive to integrating into China's economic system and creating a large economic system with a clear international division of labor, and in such a large system, China's heavy industry would not be considered unbalanced.
If you want European countries to join the Chinese system in the future, just like they join the Bretton Woods system of US imperialism, then you need to have the military strength of US imperialism and the economic strength of US imperialism, needless to say, military strength, China is now basically available, if you find a suitable entry point in World War II, join when the Westerners are exhausted and want to consume themselves as soon as possible, and come to Europe as a savior, they have no choice but to join the Chinese system, and after joining, if China's economic strength is not strong enough, It's not necessarily a good thing, it's easy to be consumed.
Although this system will die sooner or later, but before it is consumed, it must be insisted on for at least one or two decades, so that the international economic system tends to be stable, becomes closely connected, and becomes inseparable from anyone, at that time China announced that the gold yuan will be decoupled from gold and become a complete credit currency, and the Europeans can only continue to hold it, because they cannot break an international system, let alone rebuild an international system, so they can only accept the hegemony of the gold yuan.
It's just that the Europeans are willing to fall into this trap, at least to reassure them, to make them feel that China is reliable.
What could be more reassuring than gold?
So Yang Chao agreed to the request of American fashion celebrity Li Miller to come to the vault of the Central Bank of China for filming.
Now she's coming.
As an American fashion celebrity, Li Miller knows too well how to catch the audience's attention, she opened her own photography studio, which is equivalent to a self-employed person and self-media, which is a kind of eyeball economy, if she can't catch the customer's eyeballs, she will not be attractive, of course, her beauty itself is also very attractive, VOGUE's most beautiful supermodel is not so easy to take, Picasso will not casually paint portraits of others, even if no one can understand the painting, the Parisian fashion industry is definitely not illiterate, so she has real materials.
The point is that she is still working hard, even playing hard.
In World War II, she took the initiative to be a photojournalist with the U.S. military, not the kind of reporter who only hid in the rear like a vase, but really dared to rush to the front line, when the Allies captured Adolf's Wolf Castle, the smoke had not yet dissipated, she was the first to walk into Adolf Hitler's bedroom, undressed, and took a bath directly in Adolf's bathtub, and asked her companion to take a photo of her, and then sent it to the newspaper, obviously this must be the headline, the bedroom of the beauty, the devil's bedroom, the bathtub bath, these pictures are all news love to death material.
Yang Chao doesn't care how this kind of woman knows how to hype, but she can win the attention of the audience, so it is worth using herself.
Through Li Miller, the world can know how rich China's gold reserves are, how strong China's currency is, and it can make the world have confidence in China's economy, and it will be easier for them to voluntarily bind to China's currency.
Although China has lost a lot of gold reserves, in the past five years, the annual trade deficit has lost 1,000 tons of gold, and domestic customers have exchanged 1,000 tons, but now the central bank still has at least 15,000 tons in storage, five times the 3,000 tons of gold reserves in the United States, accounting for more than half of the world's central bank gold reserves.
So when Li Miller was blindfolded and brought into the vault, he couldn't help but exclaim after seeing the room full of golden bricks. (To be continued.) )