Chapter 620: It’s fine with gold

Foreign exchange reserves are simply the holding of foreign banknotes.
Because it is not possible to print foreign currencies directly, if you want to obtain foreign exchange, there is only one way to sell things from your own country and sell them to the other party.
The counterparty can use their own currency to settle the settlement, but in this case, it is also risky. What if the counterparty's currency depreciates?
Therefore, a universal currency is needed.
The best is of course gold. Gold is a good general equivalent, but gold trading is not convenient. Therefore, Eagle Country has played a role at this time.
The Eagle Country tells everyone that the contrast between my Eagle Yuan and gold is unchanged, and then I can exchange for gold with me at any time with my Eagle Yuan.
After World War II, the Eagle Country replaced the Bull Country's currency by directly linking to gold and became the universal currency of the world.
Although they can't play after playing for a while, the Eagles still have other ways to do it. They are linked to oil and maintain the attributes of Eagle Yuan's international circulation equivalent.
Therefore, foreign exchange reserves are mainly eagle dollars. Of course, in addition to cash such as eagle dollars, there are also deposits in foreign banks, and valuable assets such as debt and stocks.
Generally, the central bank of the country is responsible for the management of foreign exchange reserves. The main form of reserves is cash, and secondly, there are deposits in foreign banks.
In other words, as long as there is foreign exchange in the Foreign Exchange Reserve Administration of Han State, it can be used, but if the amount is too large, it is still risky.
The people of Yingguo are shrewd. They will definitely find that the foreign exchange used by Han is more than that of Han's own reserves. Then, there will be big problems. How does Han use it? Could it be that Han is printing currency itself?
Although the eagle yuan are all replaced as fake, the amount is not right after all. This will attract the suspicion of the people of the eagle country, and even some of the fake eagle yuan in the world will be forcibly attributed to the head of the Han country. .
Generally speaking, the manufacture of counterfeit banknotes is the practice of certain organizations and must not rise to the height of the country. A country's large-scale manufacturing of counterfeit banknotes from other countries is equivalent to a declaration of war.
Historically, there was only the North Bangzi country lawless, making some fake eagle yuan currency to spend the whole world, and the big gangsters were helpless to deal with the little ones.
Qin Guan said so, and the opposing president frowned. Yes, this is a big problem.
Qin Guan did not exchange dead money in large quantities. In the past, he only exchanged 10 million eagle yuan as a start-up capital. That's why.
If it is used too much, it is easy to cause doubt.
If the timeline is moved a little further, in future generations, there will be trillions of foreign exchange reserves at every turn, which will be convenient at that time, but at that time, there will be no need to exchange dead money at all. The country has developed into the largest in the world. The economy is over, are you still worried about lack of money?
This is a problem.
Seeing the president frowned, Major Yang on the side said, "Qin Guan, you said, how can we avoid this problem?"
The president's thinking is how to explain the source of this unexpected Yingyuan, and for Qin Guan, it can stand at a higher height.
The currency cemetery system can not only exchange eagle yuan, but also other currencies.
Of course, other currencies cannot meet the demand. The best, of course, is the original general equivalent, which is gold!
That's right, it's time to exchange the gold cemetery.
Qin Guan smiled: "What if we trade with gold?"
Hearing Qin Guan's words, the expressions of the two people present suddenly changed: "Golden? Not so good, right."
Gold, as a currency, has a history of thousands of years. It is tangible wealth. Paper money may depreciate, but gold will definitely not. In the development of history, gold can only appreciate in value, not to mention that gold is excellent. Metal properties are a must for various industries, and its financial properties are absolutely the first.
Any country will have gold reserves, which play a special role in stabilizing the national economy, curbing inflation, and improving international credit. This effect is quite significant in both developed and developing countries.
The stock market can be manipulated, the property market can plummet, and the currency can depreciate, but the value of gold will never change.
It can be said that gold is a kind of strategic reserve. When it is less than a last resort, the country will never throw out its gold reserves. It can even be said that once a country starts to throw out its gold reserves frantically, then the country’s regime , Not far from the downfall.
Now, Qin Guan said that he would use gold to buy it, which of course is impossible.
Qin Guan smiled: "What I said is certainly not our country's original gold reserves."
In the early days of the founding of the People’s Republic of China, the Han State took over a mess. Later, it continued to absorb gold from the private sector to replenish its national treasury. At the same time, the country was also mining gold. Until now, the country’s gold reserves are only 300 tons.
The amount of these gold is very small, so the country will never use gold to buy directly on the international market until the critical moment.
However, Qin Guan knew a lot. If nothing else, there were thousands of tons of gold in the temples of the White Elephant Kingdom.
Qin Guan hadn't touched these thoughts before. After all, Qin Guan's demand for gold is of no use, and it may even bring harm. Qin Guan knows the truth that people make money and die for food.
Every husband is not guilty of guilt.
But now, if the country needs it, of course, I can help a little bit. Yingyuan dare not use it in large quantities. It doesn't matter if I use gold. I want to buy things with gold. Who can control it?
"Qin Guan, in other words, you can..." Hearing this, Major Yang didn't dare to speak any more.
Qin Guan's super powers are too powerful! With such superpowers, the country can simply develop rapidly. If there is enough gold, it will be no problem to buy things with gold.
Qin nodded in view: "I don't know how much gold I can bring, but I will try my best."
It is not that Qin Guan is humble, but that Qin Guan knows his own ability and the principle of equal quality exchange. He can use waste paper to exchange currency because it is all paper. But what is the exchange for gold? Exchange of gold for gold is definitely not possible.
Qin Guan had never worried about this before, but now, Qin Guan knew that he had to enter the system again to study how to exchange gold.
It's been a long time since Qin Guan avoided Lisa subconsciously. Qin Guan couldn't bear such a woman.
But now, I must go in and take a look.
enter the system!
Qin Guan could enter the system as long as he moved his mind.