Chapter 824: Meetings

A country's economic development can never be maintained in a very, very stable state, it may exceed the plan, it may be lower than the plan, and there is always a need for development. The development of economic construction will also bring about a series of chain reactions. As the empire's economy recovered, trade between the two countries began to increase dramatically, especially when the federation deliberately adjusted some tariffs to normal tariffs, so that the federation's economy could go through the adaptation period from dumping to competition.

There are many entrepreneurs who don't understand this, and why they don't continue to dump their own goods into the empire even if they only have two years to go, rather than now they need to start considering a series of factors to strengthen the competitiveness of industries in the federation.

The joint parliament also has its own ideas, once these enterprises in the country are accustomed to making huge profits through the dumping of light industrial commodities can not continue to make money through dumping, first of all, they will have to reduce the size of the enterprise to save expenses, and then it is very likely that they will not find a way out in the process of transformation, either go bankrupt and go bankrupt, or transform to do other businesses. In the process, a large number of working class people will be released to roam the streets, and these unemployed people will pull the law and order of the industrial cities of the federation to the most terrible level, and even create unrest as a result.

What is even more terrifying is that if these capitalists and enterprises abandon their original companies or products because they cannot repeat the old ways to make huge profits, it will be the turn of the empire to start dumping low-priced goods into the federation to occupy the light industry market of the federation. The Empire has a great advantage in this regard, they have very cheap labor, they have cheap land, their butt love index, that is, the industrial production cost index, is lower than that of the Federation, and they are very competitive in the society within the Federation even after paying enough tariffs.

After a series of adjustments to the economy in all aspects, it is not without good news, for example, because the recovery and rapid development of the federal economy has led the federal economy into a period of rapid development, as well as the international war is becoming less and less, the volume of trade has begun to increase, and other extremely complex reasons, the United Council suddenly realized that the stable exchange rate with the empire itself may not be suitable for the current situation. In particular, in the settlement of import and export trade, the federation suffered.

This is a very obvious thing, if the Federation two years ago is compared to a carriage with two horses pulling the gallop, and the history of the Empire is a carriage with only one horse pulling the gallop, and the two carriages are connected together by a chain called the exchange rate, maybe the problem is not too big, although the carriage of the Federation will be limited by the speed of the Empire's carriage, this speed limit is still within the acceptable range.

Now, two years later, the economy of the Empire has begun to take off, the market of the Federation has become more diversified, the import and export trade has become more frequent, and the horses that pull the carriage of the Federation have become four, and the horses that pull the carriage of the Empire have become two. In terms of numbers, everyone has doubled, but the problem is that in terms of the speed and trend of development, the more mature federal free economic market is developing at a much higher rate than the current economic development of the empire, which will inevitably bring a series of problems. Including the exponential increase in the import and export trade volume of the federation this year, if this chain is still retained, it will inhibit the economic development of the federation.

This is a very obvious thing, in international trade, people began to use the Imperial Star Dollar and the Federation for settlement, because of the "Memorandum of Understanding" because the two countries jointly abide by this agreement, the exchange rate has become very stable, which has become the most prominent one in international trade. The use of Imperial Stars to settle has reduced the cost of imports from the Federation by other trading countries, but has harmed the profits of the Federation's takeaway export trade, and some merchants have begun to spontaneously prohibit the use of Imperial Stars in foreign trade for settlement.

So this group of people very cunningly registered a trading company in the Shining Star Empire, exchanged it for Imperial Star Dollars through the Empire's free-floating currency market in the world, and then turned around and imported goods from the Federation and then transferred them to their real country. Although it went around in a circle, it still took advantage.

Now the United Council has two relatively simple options, the first is to provide assistance to the Shining Star Empire, help the empire's economic development speed keep up with the pace of the Federation, help them achieve a real take-off of economic development, and the monetary relations between the two countries and international monetary relations tend to normalize. But this is a very modest choice, to use their own money to help the development of the Union? I'm afraid that the crazy "patriots" will march outside the Capitol every day to make sure that all the deputies don't have a good job and rest.

The second option is to temporarily release the "Currency Memorandum of Understanding" signed with the Empire, and cut the stable exchange rate of the Star Yuan and the Federation Shield and float freely. In this way, not only will not make those fanatics who fantasize about re-entering the empire and eliminating tyranny every day, and regretting why they did not insist on continuing to attack and completely defeat the empire in the first place, they will not be so irritable, but it will also strengthen the liquidity of the federal shield in the international market and make the federal shield one of the mainstream circulating currencies.

Once this is done, that is, the federal shield becomes the mainstream currency in the world, which means that the federation occupies a dominant position in the entire international market, and they can control the international financial market through various means of regulation, and cut wool from all countries in the world to a greater extent to strengthen the federation itself, which is also the most mainstream voice in the joint parliament at present.

Compared with the first option, which is not so emotionally acceptable, the second option is obviously more in line with the requirements of the mainstream society of the Federation, and the capitalists of the Federation have always believed that the federal merchants should play a more important role in the entire international market, and should not focus too much on how to balance the development of the empire. Moreover, the Confederation had a precedent in international trade before the Empire, a decisive factor that doomed the Empire to always catch up with a goal that it could never catch up.

Therefore, the Supreme Speaker of the Union Parliament initiated this meeting to tear up the "Memorandum of Understanding on Currency" and let the exchange rate of the federal shield in the foreign exchange market float freely.

"Let's all talk about it, I have to go home in the evening to eat with my family, I'm old and I don't want to sit here all day. One speaker took off his glasses and rubbed his eyes, and he asked people to bring two blowers in and blow out the smell of smoke in the conference room, which was too choking.

Albert, who sat at the back of his left, had a pipe in his mouth, and he looked at the others and tapped his finger twice on the table. These two voices made everyone's eyes focus on the young man named Albert. In fact, he is young, he is not young, but he is very good. The Atlantic Group of Companies, which he formed, grew by leaps and bounds in just a few years, and Albert became an idol for many young people in federal society. In particular, the joint construction project within his group company has successfully opened the market of the empire, and the fight with the old capitalists of the empire is in full swing.

With the continuous listing of various subsidiaries, it took Albert nearly three years to go from an inconspicuous young entrepreneur to a hot federal upstart, and even entered the federal supreme parliament in last year's general election and became a member of parliament.

Many people say that his success is luck, but luck itself is part of strength, because not everyone has luck, and not everyone can grasp luck. In the first half of the year, United Construction Engineering also signed a 20,000-kilometer railway construction plan with several companies in the empire, so that United Construction Engineering's stock directly led the entire construction industry sector, and recently there was news that United Construction Engineering will join several other companies to jointly build a "world ring" track, linking the four continents together, including the undersea tunnel design plan that is being tendered.

This is a young man with a net worth of billions, and every decision he makes will cause earthquakes in some industries within the Federation.

In the face of many eyes, Albert was not panicked at all, he calmly knocked the ash from his pipe into the ashtray, and then looked around, "Why not?"

"A lot of the basic materials that United Builders now use to build railroads are imported from the Commonwealth, because it's cheaper and more cost-effective than they produce themselves. Look at the outside world today, the whole world is making our money, we are sitting here, every second there is a lot of profit flying out of our pockets because of unreasonable exchange rate agreements, this is not fair, Speakers, and all the gentlemen here!"

"In the past, it may have been a good agreement to stabilize the trade balance between our two countries, but there are fewer and fewer wars in the outside world, and we don't need to pull the empire as a risk confrontation plan to face the world. ”

"If I had to choose, I would vote in favor and I would agree to sign a new agreement to end relations between the two currencies. ”

Albert's words immediately sparked the approval of the other councillors in the conference room, and in the Federation of Business Alliances, almost all the councillors are big capitalists, because this is a country where capital originates in the first place. In the past, a large number of merchant groups were stationed here, and in the end, these merchant groups became bigger and bigger, and their places of residence gradually formed one city after another, and the government officials they elected were also big capitalists, which is also the reason why the empire has always looked down on the federation - a country of deceitful villains, what is there to respect?

Of course, the Civil War taught the Empire what the consequences of the Empire were.

Another MP also stepped forward, he raised his hand and said: "I also agree with MP Albert's suggestion, we should not trap ourselves because of a backward agreement, the world is changing every minute and every second, and there should be nothing that lasts forever, including this agreement." If there is a need on the part of the Empire, we can re-enter into a new agreement that is in line with the current international situation, but it must be put to an end!"

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