Chapter 292 Don’t use it if you have the ability

Style: Historical Author: Small face is sallowWords: 2265Update Time: 24/02/20 18:18:04
In the beautiful country's Federal Reserve Center, a group of big shots rubbed their foreheads, looked at the data that was constantly being compiled, and couldn't help but curse.

"What do these people do for a living? They actually allowed silver dollars to flood to such an extent! Are you crazy?"

an old man scolded.

The rest were no better.

"Mr. Jello, I think we must take action. We cannot allow the proliferation of silver dollars to continue. If this continues, our currency will almost be squeezed out of the market!"

A young man stood up and said loudly.

Jero glanced at him and slapped the table and shouted: "Don't I know that there should be some action? But tell me, what action should be taken?"

"Nowadays, silver coins are flooding and domestic businessmen are promoting silver coins. Who can give me a good idea?"

Jero knows it too, but now he doesn't have someone to describe the situation, but to solve the problem.

There is a flood of silver dollars in the country, the domestic currency is facing a squeeze, there is a shortage of various materials, the people are dissatisfied, there are too many problems.

What to do?

Someone whispered: "I said at that time that supplies could not be transported to China. Who listened to me? Every one of them died after seeing the money. Now it's better. The supplies have been replaced by silver coins. As a result, private silver coins are flooding. This Let’s get down!”

When Jero heard what this person said, he threw the pen in his hand directly.

"You bastard! You suggested it, but then your family was lucky! Your family has to bear one-third of the responsibility for the hundreds of millions of silver dollars that are flooding the country!"

The man was silent and silent.

Jero stabilized his emotions for a long time before letting out a sigh of relief: "Tell me, who can do anything now? This is everyone's plate. Once it collapses, everyone has to play with it!"

Many people regretted it.

But there is no regret medicine to take. Who said it was so fragrant at that time?

"Why don't we recycle the silver dollars! Wouldn't it be enough to use the silver dollars to do business with China and buy supplies?"

"Then, issue an administrative order that the use of domestic silver dollars must be exchanged, otherwise it will be illegal!"

Someone made a suggestion.

Jero's eyes lit up, it seemed like there was a solution.

But then he frowned again: "Recycling is a way, but hundreds of millions of silver dollars have flowed into the market. How much domestic currency do we have to spend to completely recycle it? Now the silver dollar exchange rate has skyrocketed, reaching one to three! In other words, if it is now three There are hundreds of millions of silver dollars in circulation, and we need at least 900 million in domestic currency to fully recover them, but where do these 900 million in currency come from?”

This is not an era where hundreds of billions are easily available. One hundred million is still an astronomical figure.

Issuing currency is no joke. When the 900 million domestic currency goes out, it must have an anchor.

Otherwise, it’s just messy hair.

The market will become more chaotic!

The man added: "Ninety million currency is a problem, but we can issue more money first, and then while recycling the currency, we can trade with China to exchange the supplies back, and exchange the left hand with the right hand to make a time difference!"

"As long as everything goes well, this crisis should be able to be overcome!"

Jero was silent.

I have to say, this is a solution.

Make a time difference.

On the one hand, he used silver dollars to buy back supplies and acted as an anchor, and on the other hand, he used domestic currency to exchange for silver dollars. But in his opinion, it was just drinking poison to quench his thirst.

After all, even if it is exchanged back, the exchange rate and the additional currency issuance are real.

There will be thunderstorms in the end.

"Does anyone else have any ideas?"

Everyone lowered their heads and thought hard.

But no one spoke.

Jero sighed: "First follow this method and formulate a plan, and then report it to the Black Palace to see if they can help us with legislation!"

That's all.

At the same time, the country of gentlemen is also worried about this problem.

But Old John didn't have any good ideas.

They knew that this time, they were tricked by Nie Li.

Even if the silver dollar problem is solved, the loss will be as big as losing money.

Previously, they were gloating over the disaster that broke out on Nie Li's side, which would definitely stagnate the country's strength for at least ten years.

But he never expected that Nie Li would turn the tables directly with one of his cool moves.

Now, it's them who are embarrassed.

I pinched my nose and suffered a loss.

The countries with the most intense transportation were the most severely affected. On the contrary, those countries that were not very powerful were hardly affected by the silver dollar this time.

Because they don't have much supplies to sell.

How envious they were of those big countries at that time that their mouths were full of food, how lucky they are now!

When the great powers tried various methods to recover their losses, Nie Li's smiling eyes were almost invisible.

The mountains of supplies made construction in the disaster area extremely smooth.

Six months of construction has solved the housing problem for hundreds of millions of people affected by the disaster. With the help of laborers supported by various countries, Nie Li and local workers, as well as the work of not lacking money, a miracle has been completed in half a year.

Nie Li was about to go for an inspection.

I saw people from the bank arriving, as well as people from the Ministry of Commerce.

"Mr. Nie, there are new actions internationally. This is a report."

Nie Li reported the results and smiled lightly.

"It's quite fast!"

The people at the bank asked cautiously: "Then what should we do? Do we really want them to exchange the supplies back with silver dollars? Although we can get some advantage from the exchange rate, it is too little!"

These days, their mouths have become full of meat as they eat large amounts of meat.

Although even if you exchange it back, you can still make a lot of money, but how can it be as comfortable as selling money? Can it be compared with the profit of printing money?

Nie Li closed the report and cursed with a smile: "Don't you know how to use your brain?"

"The Ministry of Commerce has come up with a plan, saying that due to disasters and material shortages in China, the silver dollar exchange will be reduced! A certain amount will be given every month! We can't let them lose hope, and we can't let them have enough to eat!"

"Besides, the bank can't just sit idle and just give it to someone in exchange for it? They have their own ideas, and we also have our rules. Think of the specific methods!"

"This matter is just dragging on."

"Tell the outside world that we will replace it, but we also need time, do you understand?"

A group of people’s eyes lit up! gōΠb.ōγg

"Mr. Nie, aren't we being rogue?"

Nie Li laughed.

"Next time if you can't speak, don't say it! What does it mean to be a rogue? Not to give in exchange is to be a rogue, we will give it. It just needs to be staged, otherwise there is a risk of being squeezed out, right?"

After all, silver dollars are the currency of China. If people come to you with money to buy things, you can't say not to sell them. Wouldn't that be a slap in the face?

Therefore, you must sell, but you must do it in stages and with a plan!

"Will this harm our credit?"

Nie Li shook his head helplessly and cursed: "Pig brain, how can our silver dollar be strong? Think about this problem carefully!"

What is monetary hegemony?

Even though you know it's a trap, you still have to use it!

You know you will suffer a loss if you use it, but you still have to use it!

No, why do you trade with other countries?

There is no development, not to mention, oil and the most in-demand supplies are in Nie Li's hands.

Ah, if you have the ability, don’t use it!

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