Chapter 426: Trade Deficit
It has been more than a few months since the establishment of the Mermaid City, and in the past few months, the Mermaid City has also developed rapidly, and the development of trade is even more rapid, and it has faintly become the largest port city in the south of the Arcane Kingdom.
And these days, Claire has not been idle, and after solving all these things, he also began to practice on his own. It's not to improve one's cultivation, but to polish one's cultivation, and the peak power of one's own magician is all improved by that broken godhead, so sometimes the mastery is not very good.
And Claire's trading points have also accumulated to five points, which was originally six points, but when Claire accumulated to four points, Claire used it to make a transaction, matched a useless plane, and after trading something casually, Claire didn't try it again. It's not that I haven't tried it before, and not every transaction can be matched to a good plane.
For example, the immortal cultivation plane that he has been thinking about all along, except for that time, after matching with "Hongyu", he has never matched it again.
Rather than try your luck at it, it's better to keep it in the free trading market, at least the things there are marked, although the cost is a little bigger, but the certainty is higher! And now she doesn't have any special trading needs, Claire plans to wait until she reaches ten points, and then take out a little to match to try her luck.
Now, save it first, I have seen a "demigod" godhead in the free trading market before, and Claire has personally experienced the benefits of godhead, so if he has the opportunity, he still plans to see if he can get it.
……
"Whew!"
A gold coin popped out of Claire's finger, spun in the air several times, and then fell back into Claire's hand, where it slid back and forth between her fingers as if it had gained vitality.
After playing for a while, Claire stopped what she was doing, picked up the silver dragon coin in her hand and looked at it.
"It's a lot more detailed." Claire sighed.
The workmanship of this silver dragon coin is much finer than that of the general gold coins of the Arcane Kingdom, although it is only a reflection of details, but it can also be seen that the strength of the Silver Dragon Empire is far beyond that of the Arcane Empire.
The forging of gold coins can show the strength of a country, which is related to various factors in a country, such as the industrial level and technical level of the country. For example, in the previous life, only four countries could produce gravure printing machines that could make banknotes, and only 50 of the more than 200 countries could print banknotes independently.
Claire's current tulip principality is also supposed to be able to mint currency by itself, but it's not necessary, no one uses it if it comes out, and the cost is much higher than directly using the currency in the country.
In addition, you can make money, and you can also divide whether you can do it well, the workmanship of the gold coins of the Arcane Kingdom is not as fine as that of the Silver Dragon Empire, maybe you don't think it is necessary to do it so finely, but people think that it is just the most basic, and the judgment is made.
Claire looked at the gold coin in front of her and pondered for a moment, and Reagan walked over with a large handful of books.
"Young master, the financial income and expenditure of Mermaid City in the past few months have been here."
Claire got up from her recliner and asked, "Is it all settled?" ”
"I've already asked the people from the tax department to do the math." Reagan said this with a smile on his face.
"Then let's talk about the income and expenditure of Mermaid City in the past few months."
"Okay young master." Reagan picked up the book in front of him, the final version that had been sorted out.
"Mermaid City's financial growth has been at a rate of 30 percent every month for the past three months, and we expect this rate to be maintained for more than a year."
"In addition, we have earned a total of more than 30 million gold coins from trade, and there are more than 13 million gold coins after deducting the cost, and this part has been put into mermaid city according to your orders......
"In addition, the number of shops in Mermaid City is also gradually rising, there are already more than fifty stores, including three large stores, thirteen medium-sized shops, and more than thirty small shops, many of those small shops have been borrowed from us, and the taxes they have paid in the past few months are also considerable......
"Tourism is also an important part of Mermaid City's financial revenue, and tourism-related industries are also booming......
"In terms of expenditure, it is mainly on infrastructure and some preferential subsidies under policies......
The more Reagan spoke, the more excited he became, he didn't expect that Mermaid City would bring such a big surprise to their Griffin Earlland, now it seems that the young master is really very prescient!
However, after finishing speaking, Reagan found that his young master's expression was not particularly happy, but kept turning the silver dragon coin in his hand, frowning and contemplative.
"Young Master." Reagan asked, "Is there something wrong with that?" ”
He thinks there is no problem, the development of Mermaid City is very good, could it be that the young master thinks that the speed of development is not fast enough?
Claire stopped the silver dragon coin in her hand and asked, "How many silver dragon coins are left in our hands now?" ”
After hearing Claire's question, Reagan also picked up the ledger in front of him and checked it, he had not been a political official for so long in vain, and quickly found the page on the ledger.
"Hmm...... At present, there are still 2.2 million silver dragon coins left, and if you convert them, it will be 13.2 million arcane gold coins. ”
"That's the problem." Claire said: "At the beginning, I asked Temi Bank to exchange five million silver dragon coins, and now I have consumed most of it. ”
Reagan thought for a moment, but still didn't quite understand what Claire was trying to say.
"So you're going to exchange for Silver Dragon Coins again, right? Master? Reagan asked suspiciously.
Claire shook her head, "That's not what it means, it's that all the silver dragon coins in our territory have been circulated and have not been earned." ”
Reagan is still a little puzzled, because it is because of international trade, and the silver dragon currency is an international currency, so they naturally use the silver dragon coins to buy goods from other countries.
But they are not at a loss, the things they bought with silver dragon coins can be sold at a higher price in the territory, so they also make money.
"Young master, I don't quite understand, the financial report of Mermaid City says that we have made money in foreign trade." Reagan asked directly, if you don't understand, you have to ask, this is what Claire said to him.
As he spoke, he tapped his fingers twice on the table, "Trade deficit, imports in our territory are greater than exports......"
"Do you know what that means?"
Reagan was not stupid either, and it quickly occurred to him, "It shows that we are weak in foreign trade relations!" ”
Claire nodded, "Yes." ”
This shows that other people's things are very popular on their side, but their own goods can't be sold, although they can buy high prices by relying on their things, but that is also the money of their own people, which is equivalent to concentrating the funds of those people below back into their own hands, but in fact, there is still a lot of money flowing out of their own side.
If you are in a trade deficit for a long time, the resources and funds on your side will be aggravated and exported outward, resulting in an increase in foreign debt, which in turn will affect the normal operation of the economy in the entire territory.
In addition to the trade deficit, there is also a trade surplus, which means that the export value is greater than the import value, which means that the wealth from the outside is more beneficial to the economic development of the territory.
However, it is not simply a surplus is good, a deficit is bad, and an excessive trade surplus will also bring disadvantages, so maintaining a balance with a surplus, but not too excessive, this is the best.
And the current situation is that the two are completely out of balance, and they have no initiative at all in foreign trade relations.
The first is the latest.