Super military empire

Chapter 1194 The Ministry of Finance is relieved

(Today's Army Day, I feel a little embarrassed to change a chapter of Calabash. Who guesses tomorrow's update.)

"No, absolutely not. Our country's foreign exchange reserves were originally small. Now if we allocate tens of billions of dollars for investment, it will not work at all!" Liu Yijiu persuaded the old man, but the old man hoped that Liu Yijiu could persuade the country. Banks, the Ministry of Finance and even ******."As for investment or something, it is a joke at all. Can it quadruple the capital in just two or three years?"

When this plan was put forward, it was consistently resisted by these three authorities.

The foreign exchange reserves have just exceeded 100 billion, and they have been accumulated by a large amount of foreign investment.

A large part of these foreign exchange reserves are contributed by the Ninth Academy.

At present, the Ninth People's Hospital wants to allocate more than tens of billions not for technology introduction, but for international investment. This is unacceptable for the entire national financial system.

Especially officials from the Foreign Exchange Administration of the Ministry of Finance thought that Liu Yijiu was joking, or that Liu Yijiu wanted to transfer these funds to himself.

"If I want to transfer national assets, I need to persuade you? Even the millions of dollars that I got at the beginning are stored in the bank without moving!" Liu Yijiu sneered, these officials really looked a little shallow. .

He also knows that when major domestic decisions are involved, they are very cautious.

It is not easy for a country to accumulate this foreign exchange.

"In 1977, the Minister of Finance of the Carter Administration, Bru Mesa, used the trade surplus between Japan and the former Federal Republic of Germany as an excuse to intervene in the foreign exchange market, hoping to stimulate U.S. exports and reduce U.S. trade through devaluation of the U.S. dollar. Deficit. His speech caused investors to sell the U.S. dollar wildly, and the U.S. dollar depreciated sharply against the currencies of major industrial countries. At the beginning of 1977, the exchange rate of the U.S. dollar to the yen was 290 yen per U.S. dollar. In the fall of 1978, it fell to 170 yen as low as possible. Although in the end the U.S. dollar fell to an unbearable level, reaching 41.38%, but because of this, the export competitiveness of U.S. products more than doubled, thus solving the U.S. trade deficit..."

As soon as Liu Yijiu said these things, he was prepared at the beginning.

These things internationally, people who are not professionals will never understand them.

The country is very cautious about international financial investment. Up to now, even if foreign capital is allowed to enter China, international financial capital is not allowed to enter China.

It is worried that these financial capital will have too much impact on the country's economy.

"Beginning in the 1980s, because Paul Volcker became chairman of the Federal Reserve Board, in order to resolve the sharp depreciation of the U.S. dollar and severe domestic inflation, he raised the official exchange rate three times in a row and implemented a deflationary fiscal policy. A large amount of international funds was used The United States thus opened the way for the rapid appreciation of the U.S. dollar. From the end of 1979 to the end of last year, the exchange rate of the U.S. dollar has risen by nearly 80%! If we seized the opportunity before, when the U.S. dollar depreciated, we converted a large amount of it to U.S. dollars. In international currencies, we don’t need to do anything to make at least double the profit!"

"Comrade Xiao Liu, aren't you talking about an afterthought? Afterwards, everyone will be able to understand these things..." Qian Shumin, the official of the Foreign Exchange Administration of the Ministry of Finance, said to Liu Yijiu with a wry smile, "This is not as easy as imagined. , What about an operation error? Afterwards and before, these are two different things! Because afterwards we know all the developments!"

Liu Yijiu wanted to tell them that just because he knew the development of things, for the whole world, it was still something that did not happen, but for himself, it was already an afterthought.

"We have a reliable source of intelligence. We do not move the country's foreign exchange. We only mobilize our own money. Moreover, not all of it is invested in, we only need 10 billion US dollars!" Liu Yijiu emphasized that the money is His own Ninth Hospital.

"What yours, those are the country's money!"

"It is indeed the country's money, but we have the right to use this money. We are to get more, not to support someone's private purposes!"

Liu Yijiu coldly watched as he put a big hat on himself. Lin Zhiping, the vice president of the International Bank who had always been stumbling hard, said, "Moreover, the money itself is in the account of our Ninth Hospital!"

"Discuss only properly, don't talk about things that have nothing to do with the topic of discussion." Seeing the quarrel, the old man frowned and said lightly.

“It’s okay if we don’t invest. The Ministry of Finance’s budget for next year will also include our capital needs. We don’t ask much. The entire capital requirement for next year will be around 18 billion. The annual funding budget is about 30 billion, and it may increase to 50 billion in the third year..." Liu Yijiu simply did something shameless."Otherwise, these projects of ours won't go on. I know that many domestic leaders don't pay much attention to the development of the military industry. After all, the world will not fight anymore. Maybe we won't need it in a few decades. What..."

This matter is really shameless, but Liu Yijiu doesn't care at all.

If people from the Ministry of Finance or other parties want to prevent the Ninth Court from investing, then just give the Ninth Court money.

Although, the funding needs of the Ninth Academy are not so large.

"Do you know how much our annual military expenditure is?" Wang Binggan, the head of the Ministry of Finance, asked Liu Yijiu with a wry smile.

This kid is too ambitious, and his mouth is tens of billions.

The military's fiscal budget is only 20 to 30 billion a year, and it will not exceed 40 billion next year.

Their funding needs are simply too speechless.

"Because of our existence, the military's demand is so small, and the country can invest more in economic construction! Leaders, everyone knows the situation of our country, so, for so many years, we nine The hospital never asked the country for a cent..." Liu Yijiu knew that Mr. Wang was not targeting himself.

The Ministry of Finance is really enough.

After all, the country has no money.

Even if the annual double-digit percentage growth is high in recent years, the total economic volume is not enough, and the growth rate of 100% will not be so high.

How long has it been since the reform and opening up?

Many finance leaders even turned their hair gray for money.

The country is too large, the economic foundation is too poor, and there are too many places where money is needed. Various systems go to the Ministry of Finance to ask for money, and even the leaders of various local governments are also waiting for the support of the Ministry of Finance.

The country’s current development has a lot to do with the efforts of these bigwigs.

"This is indeed the case..." Regardless of the leaders in that department, what else can he say at this time.

"I know, no matter how guaranteed, it is difficult to make people believe that our funds will not have problems. But this time it is really helpless. The amount of funds we need is too large. If there is no error in the operation, let alone within ten years, We will not worry about funding for at least eight years. At that time, according to the current national economic growth rate, for us, military spending will be able to support our development..."

"Or, let's invest less? One billion dollars?" Wang Bingqian asked Liu Yijiu tentatively.

"10 billion U.S. dollars, one cent cannot be less. The investment is too small and the base is too small. Even if we can double it, it will only be 2 billion. It is a drop in the bucket for our project." Liu Yijiu shook his head and denied the Ministry of Finance. An offer for one billion dollars."Furthermore, we don’t have to move these dollars. Isn’t Japan investing all over the world now? The Ministry of Finance can discuss with Japan that we use the 10 billion U.S. dollars to mortgage loans from Japan, and they directly give us yen at the official exchange rate. Those yen invested in the Japanese domestic market..."

Liu Yijiu simply asked the Ministry of Finance to embarrass him.

Take a loan from Japan and invest in Japan?

This is simply impossible.

Because of the overheating of the Japanese economy, a large amount of domestic funds cannot be found now!

Chinese loans, doesn't this allow Japan to print several trillion yen more?

"This won't work!" No one agreed with this proposal.

Liu Yijiu was even hopeless.

"Or, our Ninth Institute will return it to the country now. Anyway, this amount of funds will be able to support our development for another three years. Rather than having to stop all projects after three years because the capital chain is broken, it would be better to do it sooner." Liu Yijiu continued to put pressure on the Ministry of Finance.

The military's military expenditure has increased very slightly in recent years, but the national defense construction has continuously increased the military's requirements.

The annual budget given by the Ministry of Finance to the military was originally a lot less. The leaders of the military did not make a fuss, because the funds obtained by Liu Yijiu themselves belonged to the input of the military system.

"Or, that's okay. Anyway, we can print U.S. dollars, or we can print 10 billion U.S. dollars directly and invest in the market..."

Anyway, Liu Yijiu would never do it without giving the tens of billions of dollars.

If you give them soft sister coins above, the money is printed by the country itself, so there is no need to worry about anything else.

But Liu Yijiu asked for US dollars.

"This..." Wang Binggan's mouth twitched.

I have long known that this kid dares to do anything. In recent years, they should have spent a lot of dollars. Even the United States has begun to pay attention to this matter. Once the source is finally found, it is not the same for the Ninth Academy or China. A good thing.

"Forget it, anyway, this money is earned by your Ninth Institute, so let's give it to you..." In the end, the Ministry of Finance had no choice."We can only give you a small amount of Japanese yen. You have to figure out other things by yourself. Although a lot of Japanese yen enters our country every year, many of them are converted into U.S. dollars. In addition, we have imported a lot of technical equipment from Japan. ..."