Chapter 1660

Burma.

Xin'an city.

A secluded tea house.

All the people sat around and drank tea. Tang Kai was not unprepared to be generous. He took out the tea that Tang Qing gave, so that these people would not always ask for it. It was not easy to refuse, and Tang Qing was also embarrassed.

"You say, this time, will inflation break out, and money is not valuable?"

Took a sip.

The head of a local family worries.

Just at the meeting.

I dare not mention it.

But it doesn't mean that they don't care. They issue a lot of money and inflation. This is the basic financial knowledge. There is a lot of money, but it's not worth money. If so, it's disturbing.

"Why didn't you ask just now?"

"Dare you?"

"I dare not."

"That's it."

"In fact, you should look at it from a different perspective. In any country, as long as it is in a period of rapid development, inflation is inevitable, but as long as the exchange rate is not volatile, there is no need to be afraid."

"Inflation mainly refers to the decline of purchasing power of money and the rise of 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 and Asia, food, vegetables, meat, industrial raw materials, in order to stabilize the price of the end consumer market, the bank group of Myanmar and Asia has been implementing pricing."

"As long as this mouth is not loose, the purchasing power of money held by people will not change much. Last year, the price of rice was a Jin, but by the first half of this year, it had not increased by 3 percent."

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

"The salary is still sufficient."

"However, the stability of commodity prices is due to policies and pricing. But asset prices are rising, so inflation is not something we should be concerned about. It's the business of ordinary people. "

"Exchange rate."

"That's what determines the absolute value of our wealth."

Miao Yin said.

I took a sip of tea.

Continue.

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

"However, this road is not feasible for the time being. The Central Bank of Myanmar has not relaxed its loan to foreign capital in Asian dollars. For example, Soros shortens the Thai baht, don't even think about it."

"In the future, with the increasing circulation of the Asian dollar, the floating exchange rate will definitely be implemented, which is no doubt, but it does not mean that our wealth will depreciate significantly."

"How to avoid devaluation?"

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

"Second, there are several products of the Myanmar Asian family that can earn a lot of wealth from other countries."

"In the end, it's us."

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

Hear that.

Some people have crooked heads.

I feel like I can't understand!

Internal circulation?

What's the cycle?

Shake your head.

Miao Yin feels that these old friends are using their brains to make money, and they seldom think about their intention to go to the top. He is also the son of his family who is in charge of economic policy design, and his vision is much higher.

"What is inner circulation?" Someone asked.

Miao Yin laughs.

"For example, in the past, if we imported wood and people didn't charge Asian dollars, we had to give them foreign exchange. In this way, the foreign exchange reserves would be reduced and the ability to withstand the impact of exchange rate would be small."

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

"However, if we buy this enterprise and use the Asian dollar to settle accounts, we will get the Asian dollar. Do we need to exchange US dollars? No, we can hold it for a long time. "

"Once someone wants to short the Asian dollar."

"For example, when Soros shortens the Thai baht, in addition to his own funds, he has to follow the trend of selling. Those enterprises, individuals, financial capital, and foreign exchange management agencies that hold the Thai baht."

"When the wind blows, it falls."

"It's dangerous."

"However, if the internal circulation is formed, the Asian dollar earned by our foreign invested enterprises will not join in the wave selling, so that the storm that speculators want to brew will be reduced."

"Even the foreign exchange we earn can, in turn, cost the short sellers nothing."

When it comes to that.

Miao Yin could not help but lament the strength of this move.

Through the chamber of Commerce.

Tie everyone together.

Through expansion.

Improve Yayuan's' self-protection ability '.

If these foreign trade enterprises are controlled by them, if they continue to expand, the foreign trade demand of the whole Myanmar, even if only one third of them are controlled by the Myanmar Asian Department enterprises, will have a huge effect.

Anyone wants to short.

We need to figure it out.

Does the follow-up capital have the ability to push the building to Yayuan? As long as the third is stable, it is likely to affect the other third of the conservative capital of the road. The rest is difficult to turn over the waves.

。。。

Qingyan city.

Manor.

Listen to Miao Yin.

Tang Qing just smiles. There are many smart people in the world. The deep-seated benefits come to mind. Indeed, there is a reason for them to buy foreign trade enterprises.

Foreigners make money.

A lot of them have been changed into foreign currency, which belongs to uncontrollable capital.

In the future.

Myanmar Asian enterprises gradually control the main import goods of Myanmar, and the won won Asian dollar is the stable capital, which will not be affected by short capital, and greatly maintain the exchange rate stability of Asian dollar.

。。。

Teahouse.

By such an explanation, everyone nodded at the same time.

Powerful.

I didn't expect this deep meaning. As long as they don't betray Yayuan, it's not easy for outsiders to shake Yayuan, but will they betray? Silly, who has nothing to do with digging his own grave.

Exchange rate.

Determined the absolute value of their wealth.

Protect the Asian dollar.

Is to protect their core interests.

"But it will not be affected by other holders."

Besides enterprises and individuals.

There are also international financial institutions and foreign exchange management institutions of various countries.

"As long as the main commodity trade is settled, the problem is not too big. The amount of personal holdings is generally small. Financial institutions want to borrow Asian dollars from banks here, which is so simple."

"As for the foreign exchange management agencies of all countries, it is a risk, which is what we should strive for. As long as we are strong enough, we can let them have a layer of concern and not easily fall to one side."

On falling into a well and falling into a stone.

Miao Yin thinks that the risk of the last party is not small.

It's simple.

If you give someone a loan for a project, they owe it. Well, if you owe it, you have to pay it back. If you borrow Asian dollars to pay back Asian dollars, they are willing to devalue Asian dollars, so that they can pay back less in the future.

Devalue by 20%.

That's 20 percent less.

The world.

It's just cruel.

It doesn't matter about morality, it's just a kind of profit seeking behavior of capital. Because of this, their existence is needed.