Chapter 535: Let's Have a New Way to Play, Credit Consumption!
Let's talk about drawing, so drawing on a blank piece of paper is really easy, but it is too difficult to draw on a messy color base.
And Li Mengyang is now painting on a blank piece of paper, but he, a master of abstraction, now wants to depict the economic blueprint of the Chinese region of the Pacific Rim Federation!
It should be said that this blank piece of paper was created by Li Mengyang himself, and he naturally experienced a lot of things in the middle, a lot of wind and rain and difficulties, but the most difficult period has passed, and then, as long as you don't make a mistake, that is, don't interfere too much, then there will be no problem.
The current situation is actually quite good, although the entire Pacific Rim Federation is in a situation of high in the west and low in the east, that is, the economic situation in China is much worse than that in the United States.
But it doesn't matter, Li Mengyang believes in the market's ability to regulate and control, and as long as he can grasp it well, then everything is OK.
And the good news came immediately, that is, the Jews began to invest in China with large amounts of gold and silver!
To be honest, Li Mengyang doesn't feel how close to Jews, he is not a Jew, and he also understands very well that everyone is actually for profit, that's all.
But however, foreign investment is something that cannot be refused, you must know that all countries in the world have one attitude towards foreign investment, that is, welcome!
Yes, let's just put it this way, many foreign investments actually enjoy certain tax exemptions, such as foreign capital in the stock market, everyone will not levy any tax, you just need to pay the normal handling fee.
The reason why this is so is actually very simple, because foreign capital gives you money to develop relative to others. Although, foreign capital will also earn his benefits, but the things that have been developed really remain in our own country.
Of course Li Mengyang understands these things, so. His attitude was naturally welcoming, but now there is a problem.
Where is the consumer market?!
Li Mengyang has always emphasized the ability of a market, but where is the market, that is, where the goods are to be sold, so what can be done?
We invest in production, and that's easy to do, as long as we have the resources. If there is a place and someone, then the basic conditions are all in place, and there is still money!
Yes, there is no shortage of money, those Jews have come to invest, plus Li Mengyang's own net worth, money is definitely enough.
So. Now it seems that all that remains is a problem, the market!
This is the consumer market. That is, to digest the goods produced, and this thing is actually very difficult to find!
The current world situation is like this, because of the economic crisis in Europe before, plus the fact that the United States had produced a lot of things, has gone there to occupy the market, plus now. Because of the flight of Jewish funds, there is another economic downturn on the European side, so the European market is basically not counted on.
Well, now is the place where there is a chance. That is, two, one is the American Empire, and the other is the Chinese region!
To put it bluntly, it's the Pacific Rim Federation, but now we need to take care of the emotions of the Japanese.
However, the American side has always been export-oriented, and it has always been like this.
In China, there is now a lot of waste waiting to be rebuilt, although the economy has improved, but you really let us spend money lavishly, which is not realistic in itself.
Then, there is only one way to turn the American region into a consumer market!
It's very easy to say, but if you want to do it...... It's called transformation!
It is the great transformation of the whole society, and the difficulty in this is simply hellish.
Could it be that Li Mengyang has no choice?
No!
Not long after the time entered 1882, the original president of the Imperial Central Bank, that is, the big man Bill, came to the imperial capital of China by boat!
Needless to say, of course this guy is here to meet His Majesty the Emperor, but what is this going to talk about?
"Ahhh Your Majesty! But I want to die of the old minister! Wood! Wood! ”
The big man Bill is really powerful enough, and when he saw Li Mengyang, the emperor, he immediately rushed over and gnawed on his relatives.
"Okay, okay......" Li Mengyang didn't see too much of this kind of whisker and horse.
"Oh, Your Majesty is wise." Big man Bill, this guy deserves to be an old man, and he saw the opportunity quickly.
To say that Li Mengyang at this time is really emotional, this big man Bill is also a big boss...... Well, people are actually quite old, but they are quite tough!
It could only be ...... Scourge for a thousand years?
Forget it, let's get down to business.
"Big man, Bill, I'm going to ask you now, what do you think of private consumption in the United States?"
Li Mengyang's question is quite professional, and this question is to ask this big man Bill, to be honest, it is really accurate.
Big man Bill is the current central bank governor, he must have a good grasp of the economic level, and the situation in the consumer market, of course, he must be clear.
"Well, it's still the same, and the demand is not strong."
Yes, that's the reality, the demand is very average.
As for this answer, in fact, Li Mengyang knows, because he was like this when he was in the United States, and the demand market within the United States is not very strong.
At the beginning, the United States was mainly an export-oriented economy, and its own internal needs were just like that.
But however, Li Mengyang knew some of them, and only listened to him ask: "Then, as before, the price of grain is very low, and the rest ......."
"That's right! Your Majesty is indeed very wise! Far away, you can also see everything in the United States...... "This big man Bill is going to make up for all the sycophants that he hasn't photographed for so long today!"
"......" Li Mengyang's expression, hey~
But there's something important here, though.
Why is there no demand in the United States?
You know, population is one thing, that is, the population of the United States is average, not very much, although there are still immigrants coming in, but after all, it is not as good as the number of Europe and China.
There is another one, and that is the key, by the way, the price of food is low!
Generally speaking, the feeling of ordinary people is that the low price of food is just a good thing!
This idea is true, and it is indeed a good thing, but the problem is that if you look at it in a macro economy, it is not a good thing.
Low food prices mean that the needs of the least of people can be easily met!
Well, that's a good thing, but the problem is that this has led to the appearance that inflation in the whole society is relatively difficult to improve.
Inflation?
Yes, this thing doesn't sound like a good thing, but actually, how do you look at the score?
Hyperinflation is not a good thing, of course, but if a country's GDP rises by 10%, but its inflation only rises by 1%, is the country's economy good or bad?
Li Mengyang knows that it can be said 100% that it is definitely not good!
Because, since GDP has risen, it means that the economy has grown, and the economy has grown, then it will be accompanied by a certain amount of inflation, in short, that is, there is money, everyone has money, so ......
If you buy something for a dollar before, if it doesn't grow to 1 dollar and 2 cents, then it's sorry for society!
How to look at this phenomenon, we must understand a key point, that is, since the economy has developed, everyone has more money in their hands, but prices have not risen, then there must be a problem here.
Why haven't prices risen?
It must be a situation of supply and demand, or the same as before.
Isn't it just that although the economy has grown and everyone's income has increased, no one has bought anything, so why not buy something?
So, here's the problem, that is, if inflation doesn't follow GDP up, then there must be a problem, and the problem is still big, why don't people dare to consume?
When the price of food does not rise, then other consumption does not rise, which is absolutely problematic, why not spend the money? There must be something wrong.
The point is that this kind of thing will cause very serious consequences, for example, there was an emperor in the Tang Dynasty who was in a hurry, and everyone didn't take money out to spend, everyone put copper coins in jars, and then buried them.
As a result, the emperor of the Tang Dynasty forced everyone to spend, and no one could have savings......
This kind of thing is actually very scary, and Li Mengyang will not do this, he needs to use other methods now.
"Big man Bill, tell me, if we start to do it now, that is, to carry out some supervision and investigation of the American region, we need to know their credit status, that is, whether they owe money before, then, can we complete this work?"
"What is this?" Big man Bill really doesn't understand, what is this Emperor's Majesty?
"Hey! You guy. Li Mengyang knew it as soon as he saw the expression on the big man Bill's face, so he said simply: "My idea is this, that is, the bank of our empire should start something called credit trading, that is to say, those individuals with credit, those who have good credit can guarantee some of their transaction behaviors, such as buying something first, but the money is not paid, only half of it is given, or lower, what do you think of this?" ”
"Huh?" The big man Bill was completely confused, but he also understood a little, "Your Majesty, you mean to let everyone borrow money to spend?" Let everyone take credit? ”
Well, I have to say, this metaphor of Big Man Bill is still more appropriate.
Right!
Li Mengyang just wants his people to have a chance to buy things on credit!
Abbreviation, Yin eats grain! (To be continued.) )
PS: Thank you! Thank you very much! In addition, the New Year is also coming, and the black car is here to wish everyone a happy New Year and all the best in advance, hehe!