Chapter 741: Inflation of Promises and Terror

Back in the office, Lu Li sat on a chair and said directly to the subordinates who followed him: "Jonathan, Brad, I'm going to go to Eastern Europe in a while, and when I come back, I guess I'll have to pass through Egypt, and then go back to China for a while, during which the company will be handed over to the two of you to manage, don't let me down." If all is well when I come back, then each of you will receive an annual salary of not less than six million dollars. ”

"Six...... Six million dollars ?!!" Jonathan's whole body was like being beaten with chicken blood, and his whole body kept trembling.

You must know that before he was promoted, he was only a nightclub manager with an annual salary of less than $300,000 after taxes, and he needed to support his wife and several children who couldn't work.

But since I had a mistress named Lilia outside, I immediately became a little strained, and if I hadn't gotten $60,000 in cash before, I am afraid that I would not even be able to pay off my credit card.

But now, his income has suddenly changed from six figures to seven figures, that is, the million level, how can he not be excited and ecstatic.

For Americans who put capital first, a high salary not only means a change in the quality of life and social class, but also means that their own talents and values have been recognized, whether it is mental or physical, it will produce a great sense of satisfaction.

In contrast, Brad, who had seen many big scenes, behaved relatively steadily, and immediately touched his chest with one hand and bowed slightly: "Thank you very much for your generosity, boss." I vow that I will do everything I can in the future to make Alibib the largest and strongest biotechnology company in the world, and one of the top 500 companies in the world. ”

"Very good, I trust you. Lu Li nodded with satisfaction, and then continued to hint quietly: "Please remember my words, no less than six million, if you do well enough, the company develops fast enough, then Mr. Jamie Dimon, the president of JPMorgan Chase Bank, is your role model." ”

"Mr. Damon?" Brad's eyes flashed with greed and fanaticism.

As an employee of JPMorgan Chase Bank, he is undoubtedly very aware of the annual salary that Jamie received last year, which was a full $27.6 million!

This year, with the successful investment in Alibi Biotechnology Company, coupled with the stocks in hand, it is estimated that it can easily exceed 200 million, and it is absolutely false to say that there is no envy, jealousy, hatred and the like.

It is impossible for anyone who aspires to climb up the ladder to refuse such a temptation.

Seeing that the ambitions and desires of the two of them were teased by themselves, Lu Li knocked on the table quietly: "Okay, the issue of salary will be discussed here first, and I will let the finance department deal with the detailed division later." Brad, you've worked for JPMorgan Chase Bank for so many years, so you must be familiar with financial securities, right?"

"Yes, sir. Although I studied business administration in college, I am no stranger to stocks and securities. Is there anything I need to do?" Brad asked with a serious look on his face, quickly adjusting his mentality.

"There is a little too much cash on the company's books, and we can't use so much money for the time being, so I want to make some investments, I don't know if you have any recommendations?" Lu Li touched his smooth chin and asked.

After all, these days, fools know that the currencies of all countries in the world are constantly depreciating, faster and faster, inflation is getting worse year by year, coupled with the Fed's ultra-low interest rates, it is wise to make some investment.

Many people who do not have financial and economic knowledge feel that they can earn tens of millions or hundreds of millions, and then deposit them in the bank to eat interest, and they can eat, drink and have fun openly, and they don't have to worry about running out of money until they die.

But in fact, more than 90 percent of the world's countries have the problem of over-issuance and indiscriminate issuance.

In particular, developed countries such as the United States, the European Union, and Japan, which occupy the mainstream of international hard currency and reserve currency, take advantage of the advantages of virtual economies such as finance, securities, treasury bonds, and futures, and the annual over-issuance of currency far exceeds several times or even dozens of times of their own total economic output.

Since the total amount of money is more, and the number of resources and products has not increased accordingly, prices will naturally rise accordingly, and the most obvious feeling of ordinary people is that housing prices, food, daily necessities, clothing, etc. have risen year by year, but the income situation has not increased significantly, that is, we often say that money is becoming less and less worthless and less spent.

To take the simplest example, more than 100 years ago, the money supply of the United States was only $7 billion, so at that time, one dollar could buy a pair of high-end leather shoes worth thousands or even tens of thousands.

But just 50 years later, between 1950 and 60, the money supply in the United States was as high as $211 billion, and at that time, one dollar could only buy two movie tickets, and more than one million dollars could barely be called rich.

Going back 50 years, in 2010, the U.S. money supply exceeded $13,291 trillion, and the purchasing power of one dollar had dropped to just enough to download a song in the Apple Store.

That's right!

In just 100 years, the amount of dollars in circulation has increased by 1,900 times, while purchasing power has decreased by hundreds or thousands of times.

What is even more frightening is that this inflation is not at a uniform rate, but at an accelerated rate, faster and faster......

If you have $100 million in your hands now, in 50 years at most, it will be worth as much as $100,000 to $1 million it is now!

This is why almost all rich people are desperately looking for investment directions, and they are not willing to stay in the bank to eat interest even if they lose many times.

Think about it, if a person today holds tens of millions of dollars and thinks that he doesn't have to worry about the rest of his life, and then does nothing, keeps his money in the bank to eat interest, and squanders it all day long, he will be completely bankrupt in less than ten years at most, let alone for a lifetime.

As defined by economics, money is essentially a contract between the owner and the market about the right of exchange, an agreement between the owners and each other, and has no value in itself.

In particular, in modern times, banknotes backed by national credit are, to put it bluntly, complex point of paper, plus complex point printing technology.

Only by exchanging money for the corresponding resources and markets can we ensure that property does not shrink dramatically in the great wave of inflation.

As a post-80s generation, Lu Li has personally experienced the serious inflation brought about by the over-issuance of currency after the reform and opening up, and has also witnessed the cliff-like shrinkage of currency purchasing power in just 20 years, so he will never leave too much money in the bank, even if it is invested in some foundations, it is better than lying in the bank to depreciate.