Chapter 754: Hope for the financial industry
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Super Biotech Empire
- I Dust
- 1269 characters
- 2021-01-29 06:20:16
Additional currency is indeed a way to increase the government's fiscal revenue, but until now the Imperial Cabinet has issued currency only three times, each time under the condition of insufficient market circulation. Chen Lu is still unwilling to issue currency when there is no currency shortage in the market, because for the empire, there is an iron rule in currency. It is necessary to ensure that the star currency does not depreciate. One thing she did well, she didn't want to break the iron law.
The reason why the empire can only issue three additional currencies while the economy has grown several times, is mainly because the empire has now achieved the ultimate monetization. Everyone's funds have become a string of numbers on the bank account. They only change when they use it, and the change is only from one bank to another. However, because there is a way of preserving assets in the troubled times of the golden age, many people have turned the numbers on their bank accounts into visible items that can be seen. In this way, the circulation of the currency of the Empire is not so difficult, so the Empire does not need to issue additional currencies on a large scale, but only maintains market demand.
"Sister, why do you have an idea to invite me to dinner?" Chen Yi walked into a box and looked at Chen Lu who had been waiting for a long time and asked with a smile.
Chen Lu looked envious at his brother's leisurely contentment, of course, just envy. She didn't answer her brother's question immediately, but said, "The dishes are almost cold, let's eat first."
"No, let's just talk about things." Chen Yi said with a smile, their strength is at the level of Wu Zong, even if they do not eat for three days, there is no problem. And as a younger brother, he knows what his elder sister is like, and he must have something important to do.
"Well, in fact, if you ask me to come here, I would like to verify a question. If the empire issues a trillion yuan of coins to your business, does it have to keep the value of this coin? This is the iron law that the empire has maintained for many years. I do n’t want to break it like this. "Chen Lu is a little stunned, she is thinking about it or intends to investigate, so Chen Yi, the younger brother who owns the enterprise, has become his primary goal.
Chen Yi frowned, so if the empire issues an additional one trillion yuan, the relevant costs will definitely be imposed on their companies, unless the empire is holding a technical exchange meeting, and then this trillion will be distributed by means of technical assistance. Go on. But this is impossible, he speculates that the empire intends to use the money to maintain the price of vitality blocks.
So he asked: "The empire intends to use the one trillion stars issued to stabilize the price of the energy block?"
"Yes, the current energy block in the Imperial Treasury is our only guarantee, so its price cannot fall, and the current price is very good. After all, if the price of the energy block is low, the corresponding supply has not increased, which will greatly increase Those who disrupt the market will only be exploited by the people at the bottom. If this happens, then the empire's approach of supporting the people at the bottom will be completely bankrupt. "Chen Lu didn't hide it, after all, Chen Yi is not an outsider.
Chen Yi obviously can't digest this matter. After all, he is now only the chairman of a company, and he doesn't know much about finance. However, he understood what the sister said. The empire is very likely to issue this trillion yuan coin, and what he has to do is to find a gap for the additional issuance of this trillion yuan coin, and can ensure that the value of the currency is not too large. Fluctuations and prices have not increased.
"Sister, in fact, according to the current economic scale, if this trillion is slowly put on the market, it can still be digested." Chen Yi obviously can't think of other ways, so he can only say so.
After hearing his brother ’s statement, Chen Lu also understood that the cabinet and her had to make this decision, and dare to gamble. After leaving for lunch she quickly left and went to other places to do some research.
Three days after the cabinet meeting, Chen Lu put forward a proposal to issue one trillion yuan of additional coins, which is actually helpful for the empire. After all, a little inflation has greatly promoted economic growth. Therefore, the cabinet directly agreed, and on the second day the cabinet agreed, a large amount of funds entered the market for the energy block and began to buy the energy block in a big way, and slowly stabilized the price of the energy block at 6 billion yuan. The price is above.
The price of the Yuanqi block was originally 10 billion yuan. However, since the price of the Yuanqi block has entered the Empire's credit point exchange system, the price has gradually dropped. The purpose of the Empire is to stabilize the price of the Yuanqi block to about 7 billion yuan. . This price not only allowed the empire to make some profits, but also prevented the people from using their credit points to exchange energy blocks for sale, and then caused insufficient supply and demand on the market.
The major companies and families of the Empire know this, and they are still helping the Empire stabilize the price rise. After all, with the issuance of a trillion trillion coins, how could prices not increase? In fact, the Empire has been a market regulator until now, regardless of the various rules that have been formed ~ EbookFREE.me ~, so many companies have a headache.
Now that the Empire has begun to issue more currencies, the financial system is slowly seeing the hope of issuing national debt. In the two hundred years since the establishment of the Empire, the Empire has issued a total of two national bonds. Treasury bonds can only be regarded as corporate bonds. And in the second year after Venus was put into production, it was fully paid. It was also issued at the time of the empire's most crisis. At present, this national debt is still in circulation, and many have become collectibles.
Treasury bonds are a good method of asset preservation and an important part of the financial system, but because the high-level policies of the empire tend to be conservative, so far the empire's financial system is very flawed. Many people have already responded to the cabinet, but the top of the empire seems to have not heard these voices, and there is no answer at all.
In fact, this is also normal. When the empire was first established, it was run by a company. The president of the empire's central bank, Su Yan, was just a vice president of Xingkong Group at the time. Not very proficient. Since corporate governance is used, all the people in the empire have become employees, and all their salaries come from the profit of the 'company'. This determines how much style the empire spends. As for financial means such as loans, it has become a thing of the past in the empire.
Therefore, after the issuance of one trillion yuan of currency, many banks have proposed to the cabinet to issue imperial treasury bonds to maintain the empire's scarce funding requirements.