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Chapter 336: Cochin Sinicization Process

This rate cut made some depositors feel that it is not cost-effective to put money back to the bank, which has led to a boom in the stock market. The boom in the stock market means that companies have more money to expand their operations.

The final majority of this money will be invested in the industry, so this rate cut is indeed positive.

However, the interest rate for banks to return to the bank is relatively high, so many people are still willing to put their money in banks to return to the bank.

Each has its own advantages. The money is placed in the bank's return bank. The bank's return bank can borrow money to favorable companies, especially some operations of East China Jihui Group require money.

In fact, interest rate cuts are just an excuse to stimulate the economy.

This is the international capital reducing the operating costs of bank return banks.

In the case of high interest rates, the interest from depositors must be deducted. If the interest is already low to approximately zero, then the bank will not need to pay back the loan to others.

Of course, it is impossible to reduce the bank return rate to zero in one go, but by sequential interest rate cuts, which is similar to zero, but does not mean that zero sum is greater than zero. Low interest rates are equivalent to making money by making money without paying interest, that is, not paying depositors interest, and using depositors' money to make money back.

This is a process of change in the relationship between the buyer's market and the seller's market.

When the economy is still developing, when the bank returns to attract money to the bank, interest must be used to attract depositors. When the social return has developed to the point where the bank returns to the bank, the bank returns to the bank is monopolized again. When no one can open a bank and return to the bank, it becomes a seller's market, and the bank returns to the bank can play whatever it wants.

The Fed is playing this trick, and the Asian Fed is also willing to play with it, and must also cut interest rates, otherwise the export industry will be hit.

As of now, an export-oriented economy is still relatively important for China to return to China.

China must maintain a large trade deficit when returning to China, and the exchange rate between the Asian dollar and gold can continue to play, and the same is true for the US dollar.

Therefore, the commercial competition between the two sides began to turn to the financial industry and the export industry.

China and the United States began to involve international credit loans and insurance business, as well as the original boss of the United Kingdom. The competition between the three in credit loans and insurance business is very fierce.

China's return to China extended its hands to various regions, countries, Germany, Italy, Greece and other European countries, as well as South American countries, and even the British Commonwealth to return home.

Among them, South America has become the most fierce competition in China, the United States and the United Kingdom.

I went home to other countries to provide loans and repayments, but I just provided a pile of paper to go out. Although there was a certain cost, everyone wanted to do such a business.

However, to do such a business, there must be a currency that can support it.

The currencies that have passed between China and the United States are now strongly supported, while the British currency has depreciated at this time, but the previous world leader still has some resilience.

When returning to China, we do not use credit loans everywhere, but in safer areas, we lend hard, and in less secure areas, we lend small amounts.

The so-called security is an area where once a war breaks out in the future, it may not be able to collect the loan.

South America is safer for China to return to China. South America is generally unlikely to go home to declare war on China. Although it is the back garden of the United States, these small countries will not make random choices when the two sides of the war do not reveal obvious results.

However, they are better at falling back to the well and returning to the stone.

Just like this war between the Allies and the Allies, after Germany showed a decline, a large number of countries in the world returned home to join the Allies.

As long as you show enough strength to return to China, you can intimidate these small countries.

Therefore, it is safer to lend to those effects and will not be said to suffer losses due to war.

For those big countries, they may suffer losses.

But if the other party is beaten down, the loan will still have to be paid back, but after all, it will delay for a while. As for whether it is cost-effective, it has two sides.

For example, now China returns to China to borrow money to the United States. This is a hypothesis. Once a war breaks out between China and the United States, China returns to China and defeats the United States, and the United States has no money to pay it back. Then China returns to China to let the United States cut its losses! If we look at the perspective of cutting its losses, it is indeed a profit, but in terms of the backlog of funds, it is not worth it.

It mainly depends on how much money you have.

Although Yayuan is a pile of paper, it is not unlimitedly reprinted and printed, so there is still a limit on money.

Especially when the Fed's current dollar is also fixed with gold exchange rate, whoever loosens the exchange rate first will lose.

Of course, both parties can also loosen the exchange rate together, but this requires coordination. When both parties may not be able to play, this is a possible result.

This rate cut is not only to stimulate the export industry, but also to increase the limit on seigniorage.

In this case where both sides fixed the exchange rates between the currency and gold, and they also needed to suppress the other party's export industry and increase their own export industry, the printing of seigniorship has been restricted to a certain extent, and seigniorship cannot be levied too much.

Reducing interest rates to increase the seigniorage amount is like a woman's breasts back into the groove. There will always be something that can be squeezed out. If it is not enough, you can squeeze it again. It is called "stimulating the economy".

This requires media and financial scholars to jump out and guide public opinion, which can be done with American capitalists' ability to control public opinion.

And returning to China can also do it.

However, when China returns to China, it does not need to deliberately squeeze out seignite tax. Before it has achieved world dominance, it is impossible to collect seignite tax from the world. Only when the United States is brought back, the Federal Reserve is back, and the Asian Federal Reserve can it be the only way to print the money and then strip the world.

When China returns to China, it is enough to follow the actions of the Federal Reserve. As the saying goes, respond to changes in the same way, what tricks the Federal Reserve takes? China returns to China will follow.

America, the nightmare of the earthlings.

This is the best portrayal of the people on earth in later generations. The darkness of America has penetrated into the bones.

The return of this country is controlled by capital. Capital can be without principles, and even push the people who return of their country to the abyss.

But when the capital still has enemies, he will package himself well and then unite some strength. However, when the enemy is destroyed, anyone can swallow it as long as he is hungry.

...

The issue of China and Britain in Siam has quickly become clear as the country retreats in Jiaozhi.

The Bangkok Dynasty saw the British bluff and became strong and hard with the support of China's return, because China's return would provide Siam with a strong military support.

This led the Hui people of the Bangkok Dynasty to embark on the road of relying on China to return to China and trying to expel British forces.

However, the result was not achieved. After diplomatic negotiations, China and Britain reached a compromise agreement.

Britain agreed to China's return to Siam and recognized the economic integration relationship between Siam and the Kokang Kingdom, but Britain also maintained its status as Siam.

It is equivalent to bringing China back to China into Siam and quelling the conflict.

The previous intentions of Britain and the United States were directly shattered, and the intention to drive China back to China out of Siam was not achieved, and the economic integration relationship between the Kokang Kingdom and Siam was formally determined.

And in the Kingdom of Kokang, resources have been declared nationalized.

The so-called economic integration, the little capital of Siam is in the Kokang Kingdom, and there is no way to do anything. If you want to buy any resources, the Kokang Kingdom will not sell it.

After the Kokang Kingdom nationalized its resources, it was equivalent to depriving the Burmese land rights.

When selling these resources to Chinese people, the price is very low, especially in terms of minerals, which is basically given to East China Jihui Group for free.

In theory, wealth belongs to the royal family, but King Kokang is the prince-level, which is equivalent to a governor who returned to China. The nationalization of these resources is not for King Kokang.

As the Kingdom of Kokang, Yang Lianxing had no ambitions first, and was more dedicated and safeguarding the interests of the Han people. Therefore, he was the real governor.

The prince of Jiaozhi was not like this. Ruan Phucang was the first to have no ability, and secondly, he was more greedy for enjoyment. After the resignation of the Chinese Emperor Hua, he immediately overturned Ruan Phucang's power and gave him some money to be a puppet.

The Ministry of Chinese Medicine of Jiaozhi has taken over the supreme power of Jiaozhi, so the first thing to be arrested is public security. From the country, 20,000 troops were transferred back to the police and entered Jiaozhi. The number of troops returning to the police in Jiaozhi reached 50,000.

Only when the public security is clear will the subsequent policy is issued to stabilize. Whoever dares to directly arrest people if you have any opinions?

The public security layout has been completed, and the ones that are being investigated are the Islam.

Jiaozhi Buddhism is very popular. Buddhism is the Islamic religion recognized by Huadi, the Chinese Buddhism, but Jiaozhi Buddhism is more serious in making money.

Therefore, in terms of Buddhism, the Ministry of Chinese Medicine of Jiaozhi adopted a domestic policy to manage the monks in the temples. The monks' food and clothing were provided by the government, and they could not make money at will.

This sect and Iranian policy was implemented in Jiaozhi. The Hui disciples of Jiaozhi Buddhism were somewhat resistant to this, but they were monks after all, and Jiaozhi's Buddhism was passed down by local Chinese Buddhism. It is not like the Buddhists of the Western Tibetan Buddhism. They are still willing to accept management when the government protects their food and clothing.

Jiaozhi Buddhism is also classified as the management of the China-Return Buddhist Association.

At the same time, the Ministry of Chinese Medicine of Jiaozhi began relief activities, transferring a large amount of grain from the country and distributing it to poor Jiaozhi hundreds of people. At the same time, it allowed Nguyen Phuc Chang to reduce taxes on the bottom of the society.

The measures of the Ministry of Chinese Medicine of Jiaozhi quickly achieved remarkable results. The poor and poor people all thanked Shangguo for their compassion and were grateful to Shangguo.

The same method quickly eliminated the contradictions. Amid the voice of gratitude, China's return to China to manage Jiaozhi also received support from many Jiaozhi people.

The Jiaozhi people quickly agreed to the existence of the Jiaozhi Chinese Ministry.

The Ministry of Chinese Medicine of Jiaozhi quickly introduced the education system of China back to China to Jiaozhi, but the educational content has changed. This kind of education is mainly used to further Chinese Jiaozhi.

In addition to allowing the next generation of Jiaozhi to speak Chinese and write Chinese characters, the Jiaozhi Chinese Language Department also opened a large number of popular Chinese classes.

At the beginning of the running-in stage, the Ministry of Chinese Medicine of Jiaozhi did not prohibit Jiaozhi's writing and writing.

The Ministry of Chinese Medicine of Jiaozhi adopted the method of boiling frogs in warm water to Chineseize Jiaozhi. At the same time, the Ministry of Chinese Medicine of Jiaozhi found that there must be enough movies in China to "bomb" the Hui people of Jiaozhi, so that the effect will be better.

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Chapter completed!
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