Chapter 365 - Infrastructure Development (1)

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Albert was going to travel through Europe to find inspiration, which was really beyond Lai's expectations, and he was somewhat caught off guard.

But this person is stubborn, and the things that have been decided will never change, and Li Yaoyang can only think about everything for him.

But it's definitely not okay to let him travel alone, this guy is a genius quirk at best, and at worst it is a brain bubble, let him travel to Europe alone, if it's not good, it's a meat bun and a dog and never go back.

So no, you have to send someone to follow, one is to protect, and the other is to supervise.

In the end, Li Yaoyang chose thousands of choices, plus the brothers voluntarily signed up, and chose two people, one is the little brother who joined with Ah Biao, and the other is white, after all, it is inconvenient for Chinese people to walk outside, and multiple white people can take care of each other.

Albert is a do-it-all temperament, and when he told Li Yaoyang, he just notified him that the tickets were all set.

In order to add two people temporarily, they had to get ferry tickets through a relationship, and it took a lot of trouble to send them on a passenger ship bound for the British Isles.

After this work, spring is almost over.

The spring of 1925 was the harvest season for Li Yaoyang, not only did the previous series of layouts achieve results, but also ushered in his wedding day.

In order to wait for Ah Xiang to grow up, Li Yaoyang waited from a little boy to a young man, and at the age of 25, he was experiencing a glorious moment in his life.

Maybe it's not the peak yet, but from an outsider's point of view, the current Li Yaoyang is definitely the big man among the big guys.

Not only in Chinatown, but also in the Chinese's own territory, and in the white-dominated Atlantic City, they can also call for wind and rain.

Because of his existence, there are more and more Chinese in Atlantic City, and the permanent Chinese have exceeded the 10,000 mark, and the population of the entire Atlantic City has exceeded 200,000.

The increase in population means that Li Yaoyang can enjoy more demographic dividends.

And he, the tax collector of Atlantic City, became more and more powerful.

A city of 50,000 people and a city of 200,000 people are not the same thing, they are basically two levels, and Atlantic City has grown from the original small town to the grandeur of a big city.

The living quarters alone have expanded a lot from a few years ago, and it used to take less than an hour to drive around Atlantic City, but now it takes three hours, and the construction sites and buildings that rise from the ground are full of life.

Of course, with the expansion of urban areas, problems have also emerged, starting with the issue of employment.

At present, the industry supporting Atlantic City is tourism, which has led to the vigorous development of related industries such as gaming and hotels, but this industry is greatly affected by the economic environment.

Once people run out of money in their pockets, the tourism industry will be hit hard.

Real estate will last for a while, but it's not a long-term solution, and it will have to find real spending industries for Atlantic City to maintain the size of the city with a population of 200,000.

The successive settlement of wood processing plants and steel processing plants has solved a large number of employment problems, but it is still a drop in the bucket.

Thousands of jobs are really a drop in the bucket for tens of thousands of jobs.

The most important thing is to see that the 20s are halfway over, and the 30s are about to usher in, and the Great Depression that swept the world is coming, how should we deal with it?

In fact, a philosopher named Marx had long anticipated this situation, which was a stubborn disease inherent in the capitalist system - overproduction.

How to understand?

If the capitalist society is infinitely reduced, there is only one capitalist and ten workers left, and the product produced by this capitalist is called steamed buns, and he needs to invest fifty yuan in raw materials:

Flour plus machinery is damaged, and a labor force of 50 yuan can produce steamed bread worth 200 yuan, and the extra 100 yuan is called capital appreciation.

In Marx's old man's view, this steamed bun worth 200 yuan is composed of two parts:

The first part is raw materials worth 50 yuan, and the second part is labor worth 150 yuan.

However, capital only pays 50 yuan for labor costs, and the remaining 100 yuan for labor crystallization is called surplus value.

This is the mystery of the capitalists' exploitation of the vast number of workers, and the capitalists must sell all the steamed buns worth 200 yuan, exchange them for 200 yuan in cash, and then buy them with 150 hundred yuan in cash after deducting the cost of labor, and reproduce them with 75 yuan of raw materials and 75 yuan of labor, and this is the logic of capital expansion.

But the problem is that if the capitalists want to complete this step, they must ensure that the 200 yuan steamed buns must be sold.

In this tiny society, the capitalists represent a very small number of people, their consumption is negligible, the main consumption of the society is ten workers, but the problem is that they only have 50 yuan in their hands, how can they buy steamed buns worth 200 yuan, and the extra 150 yuan is overproduction.

Faced with this situation, the capitalists have two paths, the first is to expand reproduction and involve more people in the industry.

They can lend steamed buns to unemployed workers in advance to buy their future labor force for reproduction, which is why capitalism must be accompanied by borrowing and consumption.

Friends who repay credit cards should have this experience, and the salary is like a circle in your hand.

But the working hours of the workers are only so many decades, and sooner or later they are bought out by a day.

In addition, the population growth of workers will certainly not keep up with the expansion of capital, so in the end they will have to face the problem of overproduction, and they will have to sell at a discount and lose all their money.

Another problem is that in fact, as long as you buy steamed buns produced by three laborers, you can satisfy ten people.

Although you can buy the labor of another 7 people, the steamed buns are enough and there is no need to produce them again, and the labor force of these 7 people is useless.

The solution is scientific and technological innovation, for example, if someone invents a new thing called cake, and this cake industry needs to collect 7 additional workers, then this extra steamed bun will be useful, and he can use it to buy raw materials and the labor of cake workers.

Of course, there will definitely be a surplus of talent in the cake industry, but that will be for the future.

In the process, people also missed one thing, currency.

The role of currency is to use it as a value symbol to indicate the value of every steamed bread and every cake.

However, this symbol does not always reflect the true value of the commodity, and it will be affected by the supply and demand relationship and the amount of money issued, so that the price of the goods will often deviate from its value.

For example, when there was overproduction, the merchant jumped off the building and sold it, and the steamed buns worth 200 yuan were sold for 50 yuan.

For example, when there is too much currency, you can also make a steamed bun worth 200 yuan become 400 yuan.

The ugly country is about to face overproduction, and the new tech tree has not yet had time to be opened.

Faced with this situation, the first solution given by Comrade Lao Luo was to crack down on exploitation and set up a very perfect social welfare system.

This is equivalent to the surplus value of 100 yuan that the capitalists originally wanted to exploit the workers, but now they are exploiting 70 yuan, and the surplus of production in the hands of the capitalists has changed from the original 150 yuan to the current 120 yuan, which is equivalent to reducing the pressure of overproduction in disguise.

Although this method can alleviate the situation of the capitalists, they do not understand Lao Luo's good intentions, they just feel that Lao Luo is robbing them of their profits.

So much so that Lao Luo, like other bosses who have made a difference in the ugly country, has encountered assassins who are known as mentally ill, the difference is that Lao Luo's life is quite big.

Lao Luo's second trick is the famous cash-for-work policy, that is, the state should engage in infrastructure construction.

Didn't you say earlier that if you want to digest too many steamed buns, you must develop a cake industry.

Before the emergence of new technology industries, large countries can click on infrastructure industries as an alternative.

It has to be a big country! It's easy to get away with the small lands of big fart places like neon and South Korea.

Since you capitalists have so many steamed buns in your hands, but you can't create a new industry, then lend me the capital, and I will organize production, and I will use these steamed buns to buy reinforced concrete and labor, and carry out large-scale infrastructure construction.

Since the borrowed money will have to be repaid sooner or later, it will take decades for large-scale infrastructure to be repaid, and the capitalists can't wait.

It is precisely because the return on investment in this industry is too slow that capitalists would rather die than invest.

Once the capitalists come to the door to force debts, then the government will have to go bankrupt, and Lao Luo will be hanged.

The reason why Uncle Xi embarked on the road of expansion was largely because of this problem, he had to rely on guns to grab raw materials and labor to repay the capitalists.

In order to deal with this problem, Lao Luo used a very unkind method.

Because the world at this time was still in practice of the gold standard, that is, the issuance of currency must be guaranteed by gold, which means that there is as much gold as there is to issue as much currency, and there can be no bottomless printing of money like later.

Lao Luo needs to take US dollars to buy the capitalist's steamed buns, and the capitalist wants to exchange these dollars for gold, which is very special and almost everyone recognizes him as an eternal currency.

But the problem is that at that time, gold currencies were issued with leverage, that is, one dollar of gold could issue ten dollars of currency, and as long as there was no bank run, the dollar of gold was enough to cope with the exchange.

As a result, if the white wolf wants to snatch steamed buns from the capitalists, he must issue more dollars, and the previous dollar of gold issued for ten dollars now costs a hundred dollars.

This led to a tenfold increase in the pressure of exchange, and it was enough to have two dollars to go to the bank at the same time to bankrupt Roosevelt.

Therefore, before Lao Luo paid for work, he directly confiscated all the gold in the country and announced that gold was decoupled from the US dollar.

In this way, the US dollar changed from the original gold currency to the credit currency of the government.

There is nothing behind it as collateral, only ethereal government credit, and Lao Luo is naturally able to empty the white wolf and start the money printing machine to get steamed buns from the capitalists.

It is an indisputable fact that the capitalists get a lot of dollars in their hands.

However, because of overproduction, they have no way to organize reproduction, and the dollars in their hands will naturally run to the field of consumption if they do not flow into the field of production.

That's right, the final result can only be inflation, and this problem was not solved until the ugly country entered the war.

But there is no way to do this, after all, Lao Luo can keep the production and operation of the society is already a great contribution.

Otherwise, once the production collapses, everyone will have to die together, and Lao Luo's panacea will not be able to cure the disease.

Because the infrastructure will always be completed one day, and the return cycle is long, it will take 30 years to repay the debt in three years, and sooner or later something will happen.

However, if the excess capital can be allowed to have other circulation channels and delay the outbreak before the evil consequences erupt, then the task will be completed.

In 1937, Germany began to expand its armaments under the leadership of Uncle Xi, and Neon launched the Lugou Bridge Incident to invade China in an all-out way.

A fact that is ignored by many people, before 1941, the ugly people were the biggest financiers behind these two, and the gold in the neon treasury was hollowed out by the ugly people at that time.

The Ugly Nation sold arms on both the Allies and the Axis Powers, resulting in the Ugly Nation where two-thirds of the gold of the capitalist world flowed into the Ugly Nation.

The dollars issued by the elder Rododo naturally have gold as a guarantee, and the ugly country was able to re-establish the Bretton Woods system.

After the end of World War II, the third industrial revolution represented by atomic energy, biology, and electronic information broke out, which greatly alleviated the problem of excess capital in ugly countries.

Therefore, although Lao Luo was not able to completely solve the problem, he was able to delay the outbreak of the problem and let the ugly country gain time to solve it, which is really a great contribution.

Although his credit is based on playing hooligan.

Li Yaoyang decided to follow the cat and the tiger, and did the same, since Lao Luo can do this, he can do the same.

Isn't it just about infrastructure, who wouldn't do it.

Right now, there's one of the best excuses – Eastern Highway 1.

This main artery, which runs through the north and south of the eastern part of the country, has been clamoring to be built a few years ago, but the interests of all parties are fiercely competing, and after several years, there is still no conclusion.

Kiel Eland has become a member of parliament, and he has not eaten this big cake, and seems to be lonely.

But he certainly didn't give up, and New Jersey has been pushing the project to land.

Fools know that once Highway 1 is completed, it will lead to the vigorous development of all walks of life, and all regions will not miss this development opportunity, so competition is inevitable.

Li Yaoyang also wanted to participate, but a few years ago he was not qualified to touch this cake, but now it is different, he has enough confidence to compete with everyone.

I also want to thank everyone for their greed, if it weren't for everyone's greed to buy him enough time to develop, this cake may not have anything to do with him at all.

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