Chapter 224:

The light source converter can bring huge profits to 800 million farmers. In principle, the country will support this plan no matter how stupid it is.
But now, everything is stuck on the investment side.
If each light source converter is 3,000 yuan, it will need up to 24 trillion yuan, accounting for one sixth of the country's annual fiscal revenue and expenditure.
Where to get the money, now is the focus of debate among the big brothers.
The big brothers discussed for a full hour, but have not made a decision yet.
Ross couldn't help it: "Leaders, let me be honest, don't be upset. Financial expenses cannot be cut, and so much money cannot be squeezed out, I understand."
"But our country's foreign exchange reserves are the highest in the world, with about 35 trillion U.S. dollars. As long as one-eighth is used to support this plan. The profits generated are endless, and it is no exaggeration to say that if true The annual income of each farmer reached 30,000. "
"800 million farmers use light source converters to grow grain worth 24 trillion yuan. By then, China ’s total economic output in one year will not increase by 10%. That is 30% to 40%. China's economic total, I can catch up with the United States within a few years. I really do n’t know if you have any hesitation. Just providing $ 400 billion to support this plan will bring benefits ≦ ☆ will be dozens of times. Why hesitate? ? "
A big man sighed and said, "Major General Luo! This foreign exchange is not as easy as you said, you can take it out if you want. My foreign exchange is used to ensure economic security and maintain the status of the RMB. China's foreign exchange reserves , Of which $ 13 trillion is US Treasury bonds, which is equivalent to money lent to the United States. "
"If the sale of several tens of billions of dollars is not significant. The sale of 400 billion US dollars of national debt would be too much. President Sean of the United States has already said. I want to engage in a comprehensive cooperative relationship with our country. If at this juncture, a large number of sales of the United States National debt. The consequences will lead to economic war. "
Ross didn't understand a bit: "I don't understand the economic part. I want to ask why selling US Treasuries will trigger a currency war."
Another big man also stood up and sighed, "Major General Luo! This sale of US dollar bonds will trigger a depreciation of the US dollar, cause a huge inflationary effect on the US economy, and cause the US economy to deteriorate. Once China sells the US dollar in large quantities. It will certainly cause panic in the US government and even economic war. "
Ross didn't quite understand: "Leaders, can you say more carefully?"
"Major General Luo, I'll explain it to you briefly. Let's use an analogy, there is a cart of apples in the market, and there are 10 people around to buy this apple. Originally, the apple was 5 yuan a pound. These 10 people each had 1,000 yuan. Apple The price is 5 yuan a pound.
As a result, a local tyrant appeared. He dropped 10,000 yuan to buy these apples. At that time, the value of this pile of apples was equivalent to 20,000 yuan. If you want to buy apples fairly, the other 10 people will have to pay 10 yuan per pound. "
"The same is true of the US dollar. It is issued based on the hard currency of gold reserves. If the amount of US dollars issued exceeds this amount, the US dollar will become worthless and will depreciate. So the US dollar cannot be printed.
If our country sells 400 billion US dollars of government bonds at once. This 400 billion yuan directly hit the market, and as a result, the capacity of the dollar in the market exceeded the standard. As a result, the dollar became worthless, and a dollar was bought on the market. May cost $ 15.
In order to avoid reducing the depreciation of the US dollar held by other countries, the US dollar may also be thrown in exchange for a currency that does not depreciate. If countries sell a lot of dollars, these dollars will eventually flow to the United States, and the consequences will be catastrophic. This will raise US prices and cause inflation, which will completely destroy the US economy.
China's large holding of US dollars is to prevent the United States from launching an economic attack on our country. Once the United States hit our country too hard. A big sell-off of the dollar is one of the best ways to hit the United States. If the United States does not accept these dollars, credit will go bankrupt. After receiving these dollars, domestic prices will inevitably rise. "
Ross was a little dizzy. "Leader means that if the US dollar is sold in large quantities, it will cause the dollar to depreciate. Will the United States think that our country is launching an economic attack on them?"
The leader smiled bitterly: "Major General Luo, this is just one. The trade of all countries in the world is settled by the US dollar. If all the US dollars are thrown out, what will happen to the international trade settlement? The RMB is not a global currency. Without the US dollar, Many goods cannot be imported from foreign countries! For example, the chip that China needs for a year is worth 200 billion US dollars. If you do n’t buy it in US dollars, you wo n’t accept it in Renminbi!

The big man went on to say: "And after the US dollar is sold off, many Chinese exporting enterprises will lose their export profits because of the depreciation of the US dollar. Many companies will go bankrupt and a large number of people will lose their jobs. The impact will be too great. It ’s difficult to estimate the consequences of selling $ 400 billion in Treasury bonds to support light source converters. "
Ross hurriedly scratched his head: "America is a good cow! U.S. dollars have been used to kidnap our economy, and US debt is not tossed, but not tossed it can only be lent to them to spend slowly. The little bully of the United States lives so nourishingly, it is borrowing money from the world Live! Fuck! It seems I need to do business in the future, let foreign countries use RMB to settle accounts, and help RMB go global. Prevent the impact of the depreciation of the US dollar. "
The top leader sighed and patted Ross' shoulder: "Major General Luo, frankly tell me how much your light source converter costs."
The light source conversion instrument originally cost 500 yuan. Ross wanted to make money in a hurry, so he wanted the country to use 400 billion foreign exchange. Now that it is so troublesome to sell US debt, Ross is of course embarrassed by the lion's mouth, and ten fingers were now stretched out: "Cost 1000. "
"Oh! That said, you don't need $ 400 billion, you only need $ 130 billion to produce a light source converter."
"Leaders ... though saying so, but we cannot let Yuta sell it for 1,000 yuan! Yuta needs to raise hundreds of thousands of employees, and we spend all our money on the development of technology. Anyone who does not help the country or the people should make money! "
"Major General Luo! We understand what you said. It ’s better that the country squeezes from foreign exchange, with US debt worth 30 billion US dollars, Japanese debt and European debt worth 30 billion US dollars, making up 60 billion US dollars. Then farmers, let They each gave out 500 yuan for the light source converter, so that the light source converter can be put into production. The money owed will be deducted when farmers sell grain. We will first produce the light source converter. "
As soon as Rose heard this, he was helpless. The light source converter can only be used for 60 billion US dollars in cash, and the others can only be used as white bars. Fortunately, farmers can deduct 2600 yuan for their own food sales. .
After hesitating again and again, although making little money for the time being, but making more money in the future, Ross nodded and agreed: "Well, the country lent me 60 billion U.S. dollars, I regarded it as the investment cost of production. After the light source converter is manufactured, I will pay That $ 60 billion in interest. "
The supreme leader finally laughed: "The interest is not needed. Farmers grow food earlier, export a lot, and get a lot of foreign exchange. It has a significant effect on the country's economy. The country does not charge you interest. I will immediately find a way to get the foreign exchange department to get this money."
Ross squinted and said, "Okay!"
The Supreme Leader couldn't help it: "Major General Luo! Ask you a question! In fact, funds are not a problem for you ~ EbookFREE.me ~. As long as you list Yuta Company, I believe 1.4 billion people across the country Will be mad to grab the shares of Yuta Company. You really lack the funds to list Yuta Company, and the cash you get will be at least tens of trillions! "
Ross smiled embarrassedly: "If it goes public, the people of the whole country will become shareholders of my Yuta Company. I am not going to share the money with the people of the country, it is not time yet!"
"Ha ha! Major General Luo, are you too greedy. If your Yuta company goes public, you will have more than 500 billion US dollars of assets, how much money do you want to make!"
"Leader! The technology I want to develop, burns up the money, and the speed will scare you, so I really can't list it to the people of the country now. When my technology is all out, I will definitely list the company. Let the people of the whole country be shareholders of our Yuta Company. We at Yuta Company help the people of the country to make money and everyone makes a fortune together. "
"Hehe, I can only hope that day comes soon."
"Leadership! The manufacturing fund for the light source converter is barely a problem. How to deal with this problem of grain export?" (To be continued.)
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