Chapter 467

Among all the ministries in the Soviet Union, the Ministry of foreign trade and economic cooperation used to be the only ministry with its own banking system. But now the Soviet Ministry of construction will end this history, because their national housing bank will change its name to the residential utility bank, becoming the fifth state-owned bank in the Soviet Union, and his first president will be the former president of the National Housing Bank, Sobchak.

This banking reform is the first step for Gorbachev's government to reform the financial system. Although the residential public utility bank has been raised to the national level, it is still a regional bank only facing Moscow, Leningrad and Gorky in terms of capital. And it was a bold experiment by Gorbachev in the banking system.

As a confidant of Gorbachev and an official who has a lot of research in finance, Xie liaosha knows a little about these things. In fact, on Gorbachev's schedule, not only the housing and public utility banks, but also a state-owned bank, the industrial and Agricultural Bank of China, has been listed on the agenda of financial system reform. In other words, in the future. The banking system of the Soviet Union will be expanded from four existing central banks, foreign trade banks, construction banks and savings banks to six, and the industrial and agricultural banks and residential public utility banks will join in. Gorbachev's move is to promote the country's housing and urban construction, and to improve the declining situation of industrial and agricultural production year by year. It means that in the future, housing and urban construction, as well as industrial and agricultural enterprises will receive more support from the state. As the second leader of the state and the second leader of the Communist Party of the Soviet Union, ligachov undertook the work of this financial system reform.

Ligachov used to be the party's organization minister, and he has a great reputation in the party. However, xieliaosha now indirectly controls the money bag of the Soviet Union, and ligachev is not very familiar with foreign trade business, so ligachev does not interfere too much in xieliaosha's affairs. On the contrary, it is Yeltsin's side that makes ligachev dissatisfied because the workers' new town needs the huge capital budget invested by the central government.

Ligachov's idea is very simple. Why did you build three phases of the new worker's city without any money from the state when the new worker's city was in the hands of Xie liaosha, and Yeltsin asked the state for so much money as soon as he took over. So Yeltsin's money has not been met.

In fact, Xie liaosha knows that in recent years, due to the shortage of domestic supply, people have become more dependent on the black market. However, due to the national nature of the Soviet Union, the workers would be paid no matter what. This in fact exacerbates the harm of inflation, because the supply is decreasing, and the money in the hands of the people is becoming more and more because they can't spend it. The harm of inflation is that people are not interested in the interest of the bonds issued by the housing and public utility banks. The common people would rather exchange their money for some durable goods, or exchange it for foreign exchange. Only in this way can they keep their wealth. This has increased the demand of supply and worsened the shortage of supply. People with connections can get goods in short supply, while people without connections can only buy high price goods on the black market. The common people also hate this phenomenon. This reminds Xie liaosha of a word he heard when he was very young, which is called speculation.

Under the influence of the shortage economy of the Soviet Union, the harmful side of speculation was amplified, and gradually showed a more serious impact on the Soviet economy. It even had a greater impact on the barter trade of seryosha's blood transfusion to the Soviet Union. Take electrolytic aluminum, one of Glencore's three main businesses, as an example. In order to have enough money to buy goods on the black market, the workers who are unable to buy satisfactory necessities in the state-owned stores due to inflation begin to show their skills. Some people steal aluminum ingots from their work units and sell them to smugglers outside, while others just go outside to do part-time jobs during working hours to subsidize their families. What's more, some people who have access to the electrolytic aluminum plant rely on the big tree, but also engaged in speculation. As a result, the production of aluminum ingots in the factory began to decline (because the workers didn't work well), and the production cost began to rise (because a lot of Aluminum Ingots would be lost). In Xie liaosha's case, the harm is the shrinking trade caused by the shortage of commodities and the declining profits caused by the rising costs.

After understanding this truth, Xie liaosha can see through it now. Unless we return to the situation when Secretary Andropov first came to power and let the police go to the streets to catch the workers who were out of work, the Soviet economy will not be able to change the downward trend. However, what Gorbachev did was just the opposite. He would never let the police do so if he wanted to give the people freedom.

The bad news is not just this one. Due to the global economic downturn, the prices of aluminum ingots, oil and natural gas in the international market are declining. Fortunately, the price of food is also declining. Although Glencore's profit model has no impact, the export revenue of the Soviet Union is not optimistic.

The business of the Ministry of foreign trade and economic cooperation is not easy to do, but Xie liaosha has made cars a new export highlight. So for the time being, the business data of Xie liaosha is not too ugly. But Yeltsin couldn't start work without money. At the beginning, Xie liaosha made a promise to Yeltsin, so Yeltsin brazenly came to Xie liaosha to solve his financial problems.

"Brother, the money of our foreign trade bank is the profit of export enterprises, which needs to be settled once a quarter. I misappropriate the money to you. Your workers can only get the money back for several years. How can you ask me to help you? " Xie liaosha said helplessly.

"Brother, do something for me! Well, GRD ligachov didn't get in the oil and salt, so I kept trying to find a way to solve the problem myself. Now, few people are interested in the bonds of the housing and public utility banks. Brother, you are an expert in this field. If you don't do it, my first project in Moscow will be yellow! " Yeltsin said anxiously.

"Brother Boris, don't worry! It's not that there's no way. It's just that it's impossible to raise money from China! If we borrow money from foreign financial institutions, there may be some hope! " Xie liaosha said cautiously that during this period of time, he has been worrying about how to make the funds on the books of foreign trade banks flow between countries, but now it seems that Yeltsin, who was tormented by ligachov, seems to be the best candidate.