Chapter 201： Currency and value

It is now December, the end of the year.

In 1978, it was a very ordinary year for Xiangjiang, but it was an earth-shattering year for the mainland.

This year, there have been too many things in the Mainland that are enough to affect the overall situation. In the final analysis, there are actually many connections with Xiangjiang.

For example, the relationship between Xiangjiang and the mainland is getting closer at a rapid rate.

The opening of the shipping of Yuezhou and Xiangjiang in November is just the beginning.

Starting next year, Xiangjiang will realize what it means to lean against a big tree to get a cool ride.

Tens of billions of billions of materials are continuously imported into the Mainland through the international trade port of Xiangjiang.

Xiangjiang relies on this, and it will make a lot of money. Until the Asian financial turmoil in 1997, they all enjoyed extremely powerful dividends.

Basically, the city construction, environmental construction and welfare construction of Xiangjiang were also established and perfected during this period.

Therefore, all of us will see that Xiangjiang looks very good in all aspects in the future, and it all depends on them doing business with the mainland.

As for what some Xiangjiang people boasted about at that time, their success was established in the position of an international financial center ... Soros they listened, they could only laugh.

In addition to the transfer of various materials into the mainland via the Xiangjiang transit, Xiangjiang's own industry has also quickly entered the mainland market with extremely large demand, earning a lot of money and fat in the past ten years.

The real estate businessmen in Xiangjiang are even more fortunate. They just caught up with China's comprehensive commercial housing construction. Until 2020, China's land is full of their trails, and the money they earn is innumerable.

Xiangjiang belongs to China, but for historical reasons, the currency of Xiangjiang is not the same as that of the mainland.

But many people don't know that in fact, until 1935, Xiangjiang's monetary system and exchange rate system were all linked to China's domestic silver standard system.

It was only that the United States began to purchase large amounts of silver in 1935, which caused the silver standard to collapse, and then the Xiangjiang currency was linked to a more stable pound.

But in the early 1970s, as the Americans brought scoundrels to the extreme, the Bretton Woods currency system collapsed, and the Hong Kong dollar was forced to start implementing a floating exchange rate system, and even today ’s independent autonomous floating exchange rate system. Then in 83 years, the Hong Kong dollar A fixed exchange rate with the US dollar has also been established, and it has not changed since 2020 when Yin Jun returned.

Currency itself has no value.

In the words of people who like to compare, money is **** paper.

To some extent, this statement is still correct.

Currency, or money, is valuable because it represents a national credit behind it.

Take the British pound, which has been rampant in the world for more than 100 years. When Great Britain is a sunless empire, the pound stands for gold and is used throughout the world.

But the British are also stupid, or at that time they did not encounter a good environment and good times, they did not like the uncle Sam later, printing money with the money printing machine crazy, so as to plunder countries through a piece of paper Resources and wealth.

After World War II, the establishment of the Bretton Woods monetary system in the United States began, and the dollar actually began to dominate. ——Gold is directly linked to the US dollar, which means that the whole world recognizes that the US dollar is equivalent to gold.

In fact, there is no way for everyone to admit that most of the gold has been tricked into the New York vault!

Here also explain what is called the Bretton Woods currency system.

Simply put, this is that the US Treasury has tricked the heads of Western countries into the Bretton Woods of New Hampshire in the United States. It is said that everyone has worked **** weekdays. I invite you to relax and be happy.

Then in the middle of the banquet, I told them, "Now, there are wars everywhere. You see it is not safe for you to put gold at home. We built a super strong large vault in New York. How do you put the gold here? We do n’t charge a penny for management fees.

Also, we are going to get a currency system linked to US dollars and gold. For 35 dollars, we will exchange one ounce of gold. This promise will always be valid. You can exchange it at any time. It ’s so good, you do n’t need to mention gold when you go out to trade, just take the US dollar, which is convenient and safe, right? "

Then the silly everyone believed, and thought the American brother was so intimate.

Then again, when the economy is turbulent, the United States is going to cause trouble everywhere, the dollar credit has dropped significantly, and countries have taken off the dollar, in accordance with the Bretton Woods currency system agreement, in exchange for gold to go home, ready to buy things later use.

A glance at the United States, yo, what do you mean, dare not use our dollars?

That's good, I don't admit it directly! You take US dollars, I will not exchange gold with you!

The United States is so stupid that the whole world is stupid.

But they have nothing to do with this number one hooligan. You can't beat them. You can only eat this big loss and be fooled by the United States so much gold.

Of course, even if the United States plays such a shameless way, compared with other currencies, the US dollar is still more secure.

Coupled with the continuous soaring of the American economy at that time, American goods and American enterprises appeared all over the world, so under such circumstances, the US dollar has gradually become the world's settlement currency.

What is the settlement currency?

It is the currency used to estimate the value of the business between countries, and the businesses of other countries and their own companies. Simply put, it is the money used to buy things.

Starting from the Bretton Woods currency system, the world has actually established a system that uses the US dollar as the settlement currency. The currencies of other countries are not recognized by everyone, that is, you ca n’t believe your value.

In fact, the settlement currency, that is, the US dollar, is still equivalent to gold.

The United States relies on the advantage of the US dollar as the only settlement currency in the world. As long as there is no money or economic crisis, it desperately prints US dollars and takes it out to change things, so as to avoid the loss of its own country and transfer all the losses to Other countries.

This is also the most important reason why the American people can live so well.

This is why, when the Japanese yen was ambitious and wanted to become the second settlement currency, it would be beaten by American dads and even their mothers would not recognize it. The economy did not grow at all in the 30 years from the 1990s to 2020. .

This is why, after Japan, when the euro also wants to become the second settlement currency, the American brother will bluntly plan the European debt crisis, breathe Europe into the abyss at a stretch, and successfully get the UK out of the EU.

That is why, when China wants to try to implement the RMB settlement system in the Asian region, especially in Southeast Asia, the United States will repeatedly target China and suppress China!

If you can also become the world's settlement currency, how can I play in the United States?

So it won't work, let me die!

This is what Americans really think.

Only when they are interested can they see their cruel and cruel side.

Okay, I wo n’t mention the things after this.

Just say the current Hong Kong dollar of Hong Kong and the current RMB of the mainland.

The free exchange rate implemented by the Hong Kong dollar over the years means that the government does not allow the exchange rate to fluctuate and allows it to rise and fall freely under the influence of the market.

But generally speaking, the exchange rate of the Hong Kong dollar against the US dollar in the past two years has not changed much.

The renminbi is now a fixed exchange rate against the US dollar.

However, this exchange rate does not have much reference value.

The mainland has also started reform and opening up this year, but at this time, the country ’s dollar reserves have not yet added up to tens of millions, and people can have millions and millions of dollars in a single machine tool. The aviation military technology equipment is even more scary. This dollar is almost gone in a blink of an eye.

Therefore, the country has implemented a dual exchange rate system, and this dual exchange rate system has not changed until 2020.

What is the dual exchange rate system?

If you are doing business with a foreign company and you have a profit, the US dollar is not allowed to be used directly when it comes back to China. You need to go through the country ’s People ’s Bank of China to convert it into RMB, and then give you the RMB. For your domestic use.

This part of the exchange is called the internal settlement price of trade foreign exchange.

On the other hand, such as labor export, overseas Chinese remittance, donation remittance, etc., is another exchange rate, called non-trade foreign exchange rate.

Adding these two foreign exchange conversion methods together is called the dual exchange rate system.

The current exchange rate refers to the foreign exchange rate of fee trade, which is basically what it looks like. In fact, this exchange rate is not used when the country settles with the enterprise.

If foreigners come to China, they must also exchange foreign exchange certificates for use. This is the exchange rate of the external logo implemented. However, there are not many foreigners who come to China, and usually there are not many exchanges.

The dual-track exchange rate system implemented by China is actually a serious underestimation of the RMB exchange rate, and of course it is artificially maintained at a low level.

The direct consequence of this is that the actual currency exchange situation is completely different from the official exchange rate.

For example, the exchange price of Hong Kong dollars and Renminbi, according to the median price of the US dollar, should be: 1, which is the yuan Hong Kong dollar, in order to exchange 1 yuan for RMB.

But in fact, now in the black markets of Yuezhou, Shanghai and Beijing, 2 yuan can be exchanged for 1 yuan, even if you have a very large amount of Hong Kong dollars, this price can still have many discounts And can give you more RMB.

Why is there such a difference in exchange rates?

Very simple!

Because Hong Kong dollars can buy things in Xiangjiang, but RMB cannot!

Brokers who exchanged RMB for Hong Kong dollars bought Hong Kong dollars for gold jewelry, watches, TVs, refrigerators, clothes, etc. in Hong Kong, and then bought them in the mainland. Many of the prices can be doubled, tripled or even seven. Eight times!

You can get a profit of 30,000 to 50,000 by investing 10,000 yuan. Even after deducting all expenses, you can have a profit of more than 100%.

With such a big profit, how can you say that they might not like to exchange RMB for Hong Kong dollars?

Why can these people make so much money?

Many of Xiangjiang ’s commodities cannot be sold to the mainland at all. There are many reasons for this, but it is precisely because of this restriction that these brokers and people who resell products can make a fortune.

At present, this trend of large-scale exchange of Hong Kong dollars is not yet seen, but as the economy of Xiangjiang becomes more and more developed, the demand in the Mainland is becoming more and more strong. Sooner or later, those speculators in the Mainland will set their sights on On this foreign exchange.

This is different from purchasing milk powder, diapers, etc. after 2008. At that time, because the quality of the products in the mainland lost credibility, everyone was willing to buy quality products in Xiangjiang for the sake of their children.

Nowadays, everyone is purely for the price, for the huge profits!

Not to mention that it is now. In 2020, haven't there been a whole lot of people who specialize in sweeping goods from Xiangjiang to the mainland to sell and earn this exchange rate difference?

The iPhone is a good example. How many Xiangjiang cattle have been fed by the mainland market?

So Yin Jun can imagine ~ www.novelhall.com ~ around this price difference and product scarcity, many people soon began to think about this business.

In fact, many Xiangjiang people have become millionaires and multi-millionaires by reselling various products inland, and they still remember this golden age until 40 years later.

Between 1979 and 1997, the strong demand for various popular products in Xiangjiang in mainland China was beyond anyone's imagination, and it was felt that all the goods in the world could be bought by the people in the mainland.

In this period of time in Xiangjiang, people are worried that there is no source to sell, and they are not worried about selling.

Of course, it is impossible for Yin Jun to get involved in this business.

To put it simply, these people are water passengers, and to put it more complicated, they are speculators who take advantage of it.

Want to do business with the mainland, the more innocent the better, the simpler the better.

Otherwise, if you want to do millions or tens of millions of business, the mainland may not care much about you as a slacker, but if you want to do big business, such as undertaking the construction of a port in the mainland, such as building a CBD central business district in the mainland For example, in the construction of highways in the Mainland, etc., in addition to excellent strength, you really need to have excellent personality.

In fact, this is the same everywhere in the world.

People like to do business with honest, serious and credit-worthy people.

Therefore, Yin Jun has not had any idea in this regard since the beginning.

It's just that Yin Jun had thought about using Hong Kong dollars to buy talents from the mainland.

Whoever has the ability, who does not want to have enough food and clothing to bring better living conditions to his family?

As long as they have such an idea, it is time to buy the powerful Hong Kong dollar! (To be continued.)