Blackstone Code

Some viewers watching the program in front of the TV exclaimed, and some even jumped up and stood on the sofa, shaking their buttocks rhythmically to express their surprise!

Many people actually don't have a very direct view on income and wealth. They always subconsciously think that their income is lower than the ordinary standard, or that their income cannot meet their daily needs!

It is precisely because of their views and opinions that every once in a while, the lower class will launch demonstrations to demand capitalists to increase their wages.

But today, just now, when they learned from the experts that there were some people who earned less than them, those people who thought their wages were already at the bottom of the federal government were shocked!

An income of dozens of dollars a year, or even an income of only a few dollars...

They couldn't imagine how someone could survive with such a small amount of money!

"Maybe... they have their own land and they can grow crops so they can feed themselves even if there is no income!"

These viewers guessed that they could only think up to this point, and their brains could not move at all!

In fact, the per capita income of the federal government is among the top in the world, while the rest are far behind.

The people of the Federation themselves don't feel how happy they are, but the experts know it very well.

At least there are more than 2.2 billion people whose income is less than the per capita income of the federal government. The expert's problem is that simple.

How can these relatively low-income groups develop into a federal market?

Some people are very concerned about this question, but some people already know the answer.

Lynch smiled reservedly, "We discussed this issue a few years ago, I think we were before the United Development Corporation was established."

"A lot of people are not optimistic about the market in Nagaril. Most people, the vast majority of people, they are not optimistic about it."

"Ninety-five percent of the population in Nagaril are ultra-low-income people, and more than 60 percent of them have never been exposed to currency of above medium denominations from the time they were born to the time of our survey."

"About 15% of people have never received their own currency in their lives. They are still in the stage of barter society."

"But a place that was so poor that we couldn't find the words to describe it is now the most important market in the commonwealth."

People around him nodded, especially the capitalists.

Nagaril's market consumption power began to increase. Someone interrupted at this time, "I remember reading a piece of material at the beginning of this year."

"The total value of our exports of various commodities to Nagaril exceeded 20 billion last year. When we first obtained this market, the total exports were less than 1.5 billion."

Lynch nodded to the man to express his gratitude, and at the same time turned back to look at the people in the audience, "In a few years, the market size of Nagaril has expanded more than ten times."

"Most of them are consumed by ordinary people. Maybe some people don't know how we do it. It's actually very simple!"

He held up a finger, "We just need to give them a job, that's enough!"

"With the full recovery of the Federation's economy, production has recovered, and finance has come out of the trough, Federation's products are now sold all over the world."

"If you have paid attention, you should have discovered that during this special period, as long as anyone wants to work, they will definitely be able to find a job!"

“There are far more jobs than there are people looking for jobs, and there is already a hiring gap across the Commonwealth.”

“We hire them to work for us, pay them a salary, and then let them become our customers and pay for our products!”

"Najalil has proved very well that this theory is feasible and extremely effective!"

People began to talk about it, and the expert's expression became serious. He did not immediately refute Lynch, but talked to the people around him.

In fact, a lot of data cannot be hidden at all. As long as these people want to investigate the information, they will definitely be able to find it.

The market in Nagaril is actually far from saturated. As people’s income increases, their desire to consume will become stronger!

But they themselves were completely unable to produce the goods they loved, and in the end most of the consumption returned to the Federation.

In fact, the federal government is doing the same thing in Marillo. The Marillo Resource Development Company has given many jobs to Marillo people. Some people in the country say that this is giving job opportunities to others.

But in fact, this is cultivating the market.

When the Mariroans were paid for the work they were given by the Federation, and then used those rewards to purchase Federation goods, a complete cycle was formed.

The situations in Marillo and Nagaril have something in common, that is, they both lack a complete industrial environment, even for light industry.

This means that they can only rely on imports from the federation for consumption, and the stickiness of users will be very strong!

It can even be said that to a certain extent, products can be underwritten!

Everything invested in the early stage will be recovered bit by bit in subsequent operations.

Everyone had a lively and heated discussion on this issue, and some people thought that by doing so, they were actually lying to themselves!

Because those people did not have money originally, their money was given to them by the federal people, and they did return the money to the federal merchants, but they also got the goods!

Those experts refuted this statement that Lynch was not involved.

Although they did get the goods in the end, they actually paid for their wealth - labor force!

In fact, from a certain perspective, this completely demonstrates the exploitation and oppression of the working class by capitalists!

It is very likely that the goods these people finally obtained came from their labor!

It's possible that they produced ten goods, bought one of them with their wages, and sold the other nine to other people, or to people in other countries...

In this regard, some people are academic experts and some are practical experts. Everyone has inspired their conversation and talked about everything related to economics and finance.

Lynch also began to listen carefully to other people's problems, looking for some experiences that he could gain, or something else.

The people here have a lot of experience and experience, and they can’t stop talking about what they are good at.

From foreign countries to domestic discussions, from economics and finance itself to related peripheral components, there is nothing that cannot be discussed, and everyone has gained a lot.

This event is very exciting and important for some people, but for others, and most people, it seems a bit boring.

The ratings are also constantly declining, and they are eventually attracted by those shitty TV series, talk shows, variety shows and other programs.

But the atmosphere at the scene was still warm.

As the event was coming to an end, an audience member suddenly asked a question.

"Professors and gentlemen, I have been listening to your discussion all evening, and I have a small question."

"We are always talking about costs and profits. Since labor costs abroad are low, resource costs and transportation costs are also lower, why don't we move more factories abroad?"

"I just heard Mr. Lynch and several other gentlemen talk about some job vacancies. We can definitely delegate some of the work to people in lower-cost areas."

"Maybe more?"

After the question was raised, the stage fell into a brief silence. The first time this guy asked the question, the word "deindustrialization" appeared in Lynch's mind.

But as far as the current situation is concerned, it is too early for the federation to talk about deindustrialization, and this is not a good phenomenon.

Deindustrialization is a very complex process and a relatively dangerous process, just like the previous Great Depression.

In fact, the previous Great Depression can be seen as a preview of the failure of deindustrialization. Once industry is transferred, the domestic business structure begins to shift to agriculture and service industries. At the same time, what supports the federation will no longer be physical trade, but finance.

Finance has the worst ability to resist risks among all industries. It makes money very quickly. A piece of gossip can allow a group of people to double their wealth in a short period of time.

But it also has no ability to resist risks. The same piece of gossip can turn some billionaires into paupers in an instant!

Moreover, recovery from the financial recession will be very slow without the support of the real industry!

This is actually not difficult to understand. When people speculated on an ordinary stone for a hundred yuan, someone exposed the lie or for some other reasons. In short, the stone returned to its original price.

Everyone who holds the stones has gone bankrupt, and it is almost impossible for them to raise the price of the stones.

Unless the whole thing is repackaged and the stone is turned into something unfamiliar to people, there is only a small chance that this can be done.

But the real industry does not. A ton of steel is a ton of steel. As long as society has demand, it will definitely have value!

In the factory where Nell worked before, the workers stole the raw materials from the factory to produce goods and sell them. They could use those goods in exchange for money or other things.

But those who hold the stones will never be able to exchange them for anything again!

This is where the risk-resistance capabilities of entities and finance differ. Even if the entity industry is in recession, the impact will not be so severe that it cannot be increased.

But finance will!

Deindustrialization and moving all real industries abroad may seem like a good thing, but once risks arise that are unpredictable or impossible to combat.

For example, in wars and the like, once the federal finances are out of control, there will be a complete collapse, and society will go back for decades!

But it is just a financial recession, but it will not cause the real industry to also decline. It will still be very strong!