Reborn Super Bank System

Burmese.

Xin'an City.

A secluded teahouse.

The crowd sat in a circle and drank tea. Tang Kai was not unreasonably generous. He took out the tea that Tang Qing had given, so as not to let these people always ask for it and refuse it, and embarrass Tang Qing.

"You said, this time, will inflation break out and the money is worthless?"

Take a sip.

The head of a local family worried.

Just at the meeting.

Did not dare to mention it.

But it doesn't mean that they don't care about issuing a lot of money and inflation. This is basic financial knowledge. There is more money, but it is not worth it. If so, it will make people disturbing.

"Why didn't you just ask."

"you dare?"

"Don't dare."

"That's not enough."

"In fact, you should look at it from another angle. In any country, as long as it is in a period of rapid development, inflation is inevitable, but as long as the exchange rate fluctuates little, there is no need to be afraid."

"Inflation mainly refers to the decline in the purchasing power of currencies and the rise in domestic commodity and asset prices. But do you think it will happen when the prices of raw materials are not fully market-oriented?"

"No, in the Special Economic Zone of Myanmar, the Bank of Myanmar Group has been pricing in grain, vegetables, meat, and industrial raw materials in order to stabilize prices in the final consumer market."

"As long as the mouth is not relaxed, the purchasing power of people's currency holdings will not change much. How much rice was a catty last year, and the increase in the first half of this year has not been 3%."

"The average person doesn't feel it at all."

"The salary still feels sufficient."

"However, the stability of commodity prices is due to policies and pricing. However, asset prices are rising. Therefore, inflation is not what we should be concerned about. It is a matter for ordinary people."

"exchange rate."

"It is the criterion that determines the absolute value of our wealth."

Miao Yin analyzed.

Take a sip of tea.

carry on.

"The exchange rate currently adopts a fixed exchange rate system, which is directly determined by the Bank of Myanmar, plus foreign exchange controls. In the short term, there will not be much change unless someone shorts the Asian dollar."

"However, this path will not work for the time being. The Bank of Myanmar has not yet relaxed its foreign capital borrowing in the Asian dollar. For situations like Soros shorting the Thai baht, don't even think about it."

"In the future, as the circulation of the Asian dollar becomes larger and larger, the floating exchange rate will definitely be implemented. This is undoubtedly, but this does not mean that our wealth will depreciate significantly."

"How to avoid devaluation?"

"First of all, of course the exchange rate system."

"Secondly, there are several products under the Myanmar-Asian department that can earn a lot of wealth from other countries."

"In the end, it's us."

"Why let us go out? Why encourage investment in foreign trade companies, in addition to increasing the circulation of the Asian dollar, is to let us make more money, form an internal loop, and protect the value of the Asian dollar."

Hear this.

Some people tilt their heads.

I feel like I don’t understand it!

Inner loop?

What is the loop?

Shook his head.

Miao Yin felt that these old friends used their brains to make money, and seldom thought about the intention of going up the peak. He also had a son who was in charge of economic policy design, and his vision was much higher.

"What is internal circulation?" someone asked.

Miao Yin chuckled.

"For example, in the past, if people did not receive Asian dollars when importing timber, we had to give them foreign exchange. As a result, the foreign exchange reserves were reduced, and the ability to withstand exchange rate shocks was weak."

"Now, even if people are willing to accept Asian dollars, they may turn to our central bank to exchange them for US dollars or euros. As a result, foreign exchange reserves are still reduced, which is not much different from the previous ones."

"However, if we acquire this company and use Asian dollars for settlement, do we need to exchange for dollars when we get Asian dollars? No, we can hold it for a long time."

"Once someone wants to short the Asian dollar."

"For example, if Soros is shorting the Thai baht, in addition to his own funds, he has to follow the trend and sell, those companies, individuals, financial capital, and foreign exchange management agencies that hold the Thai baht."

"When the wind blows, one side falls."

"very dangerous."

"However, if an internal loop is formed, the Asian dollars earned by our foreign investment companies will not join the ranks of following the trend and let the speculators want to reduce the storm that is brewing."

"Even the foreign exchange we earn can be reversed, so that short sellers lose their money."

Speaking of which.

Miao Yin couldn't help feeling the power of this move.

Through the Chamber of Commerce.

Tie everyone together.

Through expansion.

Improve Yayuan’s “self-protection ability”.

These foreign trade companies controlled by them, if they continue to expand, even if only one-third of the foreign trade demand of Myanmar is controlled by Myanmar-Asian companies, it will have a huge effect.

Anyone who wants to come short.

Have to figure it out.

Whether the follow-up capital has the ability to push the building of Yayuan, as long as this one-third is stable, it is likely to affect the other one-third of conservative capital, and the rest will be difficult to make waves.

...

Qingyan City.

manor.

After listening to Miao Yin's words.

Tang Qing just smiled. There are still a lot of smart people in the world. This deep-seated benefit has been thought of. Indeed, there is also this reason for letting them buy foreign trade companies.

Foreigners make money.

Many of them have been converted into foreign currencies and are uncontrollable capital.

from now on.

Myanmar-Asian companies gradually control the main imported goods of Myanmar, and the Asian dollars they earn are stable capital, which will not be affected by short-selling capital, which greatly maintains the stability of the Asian dollar's exchange rate.

...

Teahouse.

After being explained in this way, everyone nodded in unison.

Awesome.

Unexpectedly, there is such a deep meaning. As long as they don't betray Yayuan, it is not easy for outsiders to shake Yayuan, but will they betray?Stupid, who is okay to plan their own grave.

exchange rate.

Determine the absolute value of their wealth.

Protect the Asian dollar.

It is protecting one's core interests.

"But other holders will not affect it."

Except for companies and individuals.

There are also international financial institutions and foreign exchange management agencies.

“As long as the trade in major commodities is dealt with, the problem is not too big. Personal holdings are generally not large. Financial institutions want to borrow Asian dollars from banks here. How simple is it.”

"As for the foreign exchange management agencies of various countries, it is a risk, and this is what we have to work hard on. As long as we are strong enough, we can give them another layer of concern and will not easily fall to one side."

On falling into trouble.

Miao Yin felt that the risk of the last party was not small.

It's simple.

You give a loan to someone else’s project, and they owe the debt. Okay, you have to repay the debt you owe. If you borrow the Asian dollar to return the Asian dollar, then of course they are willing to depreciate the Asian dollar so that they can pay less in the future.

Depreciation by 20%.

It is equivalent to 20% less.

world.

It's so cruel.

There is no morality, it is just a profit-seeking behavior of capital, and because of this, their existence is needed.