Chapter 423: Saifu

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Originally, the issuance of non-yuan in Angola was very smooth, but suddenly, countless opponents appeared, waving ink-scented non-yuan banknotes one by one, and threw them into the blazing furnace to show their resoluteness in resisting. Pen × fun × Pavilion www. biquge。 info

This situation is really very strange, the non-yuan is much harder than the Angolan currency kwanza, the Angolan kwanza, which has very serious inflation, except for the internal circulation in Angola, no one has received it at all, and although the non-yuan has not yet become the world's mainstream currency, it is not a problem to use it at least in southern Africa.

Now in order to promote the African dollar, the African Standard Bank in Angola set a very favorable exchange ratio, Angola has a lot of people in their hands to exchange the kwanza for the non-dollar, the original almost every day will be exchanged for millions of non-yuan, if it has been developing at this rate, it will not take a two-year transition period, the non-yuan can replace the kwanza for circulation.

However, due to the impact of this incident, the exchange amount was reduced from several million to hundreds of thousands, and there were a large number of non-yuan requests to be exchanged for kwanzas, which is not a good phenomenon, although in this way, the banks reaped a part of the profits between one in and one out, but it is the opposite of the ultimate goal of replacing kwanzas.

Su Ming was very surprised when he received this news, it was precisely because Angolan inflation was very serious and the value of the goods had depreciated hugely, and the Angolan political axe had planned to issue a new set of kwanzas, just when Su Shi contacted him, he immediately accepted Su's suggestion to see how well the non-yuan was accepted in Angola, and if the acceptance was good, he was ready to accept the non-yuan as legal tender, and handed over the currency issuance rights to the African Standard Bank.

In this case, the originally negotiated agreement will naturally not be able to continue, which is a major blow to the expansion of the African dollar, because Angola itself belongs to a Central African country, and some countries in Central Africa and the eight countries in West Africa use the unified currency of the CFA franc.

Because there is a unified currency in Central Africa and West Africa, and it is issued under the guidance of the Bank of France, unless the African Standard Bank is strong enough to swallow them up collectively, otherwise it will be very disadvantageous and time-consuming to negotiate country by country, and at the same time it will have to make a lot of sacrifices.

Moreover, the economic situation of those countries in Central Africa and West Africa is very poor, and there is basically no currency in circulation, so there is no benefit in issuing currency there, and countries like Zimbabwe and Mozambique are also in very poor economic condition, and Su Ming is not interested in accepting those burdens for the time being.

Angola's economic situation is not bad, at least as the second largest oil exporter in Africa, agriculture and animal husbandry are also unsatisfactory, and there are diamonds, coffee and other income, except for the lack of development because of years of war, in terms of economic foundation is still a relatively good country in Africa.

A country no matter how good the economic foundation is, no matter how superior the economic environment is, once it falls into the quagmire of civil war, don't think about development, it was a little better when the Angolan political axe implemented the socialist system, with the disintegration of Su Ming, the Angolan political axe also gave up the socialist system, although through the general election, the original ruling party is still the ruling party, but the title of the leader has changed from chairman to president, but the person has not changed.

The current president, Eduardo. Dos Santos has been in action for twenty years, and with him, at least there will be no major turmoil at the political level in Angola, and Su Ming has met with this old man twice, and the two of them can talk.

Su Ming was looking for him and asked him to use the power of the state to find out what was going on, but he received the news that Dos Santos was seriously ill and could not be a director, so coincidentally, it seemed that Su Ming had seen him some time ago, and he was in good health, he was only in his early sixties, and his age was not too old at all, so why did he suddenly become seriously ill.

And with his serious illness, the Angolan political axe is also in chaos, and a lot of normal business cannot be carried out, it seems that this matter has to be solved by himself, Su Ming originally wanted to check it through the Eye of God, but there was no similar information on the Eye of God, so Su Ming had to transfer Qihaiyue over.

After such a long time, Su Shi has also built its own intelligence network here, although it is still very simple, Qihaiyue itself also has a certain relationship in Africa, through tracking and analysis, it was soon found that among the more radical participants in this matter, there are employees working in the oil companies controlled by the United States.

It seems that it is the Americans who are not willing to be lonely, and it is also thought that most of Angola's oil resources are in the hands of the Americans, and they naturally will not want to see the Su clan control the country's currency issuance power, but let people burn banknotes, is this loss also made up for by them? If that's the case, it's good to buy the paper that is sent out here, but the money that is burned there, is more cost-effective.

For the issuer, banknotes are like paper, and for others, this kind of money must be exchanged for physical goods or equivalent currency, even if the kwanza is worthless now, but it is not a strong wind, how much money can they fill in it, even if the CIA funds are sufficient, but the world is so scattered, Angola can't get much, how long can they last, Su Ming instructed them to continue, to see what else they have to do.

However, the anomaly was soon discovered, and after a period of statistics, it was found that the non-yuan that was put out, minus the recovered, and the rest was the non-yuan circulating in the market, and a large amount of incineration did not reduce the circulation of non-yuan, which is very strange. Could it be that they got the non-yuan from other places, and some people suggested that other non-yuan countries should increase the monitoring of their currencies.

Su Ming felt that it was not like that, at present, among these few countries where non-yuan is popular, there is not much outflow of non-yuan, because the popularity of non-yuan started from the grassroots level, in addition to circulation, many people have been deposited in the bank, so the possibility of getting non-yuan from other countries is not big.

After testing the residue after their incineration, Su Ming's suspicions were confirmed, and what the other party burned was really not a real non-yuan, especially the kind of large-scale incineration, which was completely fake non-yuan, and after coming to such a conclusion, everyone had no choice.

Since the other party burned paper, then you can't wait any longer, but in the face of such a scoundrel and despicable means, everyone can't find a way to deal with it, you just go to expose their use of counterfeit money, which is also a huge harm to the non-yuan, because the non-yuan itself has just entered here, and has not yet established a reputation, once there is news of large-scale counterfeit money, who will accept this currency, and the currency that cannot be circulated is still meaningful.

We must find a way to strengthen the flow of non-yuan, but we can't push up or lower the value of non-yuan, Su Ming also found the problem, although now the issuance of non-yuan has kept up, but there are not many people who receive non-yuan, and the strong purchasing power of non-yuan is not reflected, because Angola does not have so many goods in circulation, so it will lead to more and more serious inflation.

If the political axe of a modern country wants to spend money, it must go through three means, one is to increase taxes, the second is to increase the issuance of national bonds, and the third is to over-issue currency, increasing taxes is easy to be opposed by the taxing class, and the issuance of national bonds needs to have enough national credit, most of Angola's tax objects are those foreign companies, that is so easy, and the issuance of national bonds, Angola's national credit obviously does not meet the conditions, so they can only make up for the national fiscal deficit by over-issuing currency, But the consequences are also obvious, and that is inflation.

The reason why the Angolan political axe wants to issue a new kwanza is because the current kwanza face value can no longer meet the actual needs, and Angola itself is a resource-based country, and the people's daily necessities do not have any production capacity, with the depreciation of the currency, pushing up the price of imported goods, which is equivalent to reducing the domestic circulation of goods, in this case, they need a strong currency, a currency that allows them to buy things.

The reason why the Angolan political axe agreed to have the African Standard Bank issue currency instead of the state is that in addition to being able to exchange for direct and visible benefits, it is also because they have seen that several countries in southern Africa have quickly eliminated the domestic inflation problem through this means, which is the reason for their temptation, what they did not see is that it is the large circulation of goods shipped from the country by the Su family behind the back, which has alleviated inflation, and without the support of so many goods, it is impossible for the non-yuan to be popularized so quickly.

But in terms of the entry and exit of Su's goods, the Angolan political axe has set up a lot of obstacles, resulting in the fact that Su's goods cannot be spread in large quantities in Angola now, thinking of this, Su Ming is very angry, this dos Sanchez, when is he sick, he is not sick at this time, and once he is sick, he can't do anything, it's too delayed.

There is no way Su Ming is ruthless, since you don't agree to let me sell, then I will send it, Su Ming imported a large number of worthless gadgets from China, and then carried out a gift distribution in Angola, all those who exchange non-yuan, there are gifts, there are non-yuan deposits, double gifts, and at the same time in Angola to start the propaganda group This means, take the gift and non-yuan to the bottom of the ugly preaching, to the people below to publicize the benefits of holding non-yuan, it is also a means of counterattack.

(To be continued)