Bringing System to Great Tang
Chapter 1384: Koala's hometown has been to
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The night of the new year passed, and the sun once again shone on the earth, a piece of crystal clear.
Rongyimeng, Zhengyimeng and Rongyimeng have launched special prices.
They rushed out a lot of clothes to be sold before the end of the year, mainly because Li Chengqi took care of Bi Gou.
Add some taxes to the finances, and by the way, let the people have a good year.
Everyone in Yimeng is happy to get the year-end bonus.
Lijiazhuangzi still provided loans, and the people paid it back slowly, with very low interest rates.
"Didn't the currency continue to depreciate? The profit from Zhuangzi's money is low. When it depreciates, Zhuangzi will lose money."
Princess Yongmu looked outside through the glass window while having breakfast. She and Li Yi were eating in the Wentianlanxiang Pavilion.
Wentianlan Xiangge is open today, and tomorrow, it will be only two days.
The two ate on the fourth floor. The newly built attic has a two-way zipline with the opposite building. Once you find that the situation is not good, run quickly.
Her people are busy below, and there are so many rich people in Jingzhao Mansion who come to buy things.
"There are many factors for currency depreciation, such as lack of goods, demand exceeds supply, and inflation.
In terms of finance, there is a world. There are banks, which have some of the same businesses as gold and silver shops. It’s like this..."
Li Yi explained the bank to Princess Yongmu, which has much more functions than the gold and silver shops of Datang.
After introducing the situation of banks and other credit institutions, Li Yi also mentioned operational details: "When the interest on deposits and the interest on loans are both high, it means that inflation is serious.
The bank’s reserve ratio needs to be increased, which is called monetary tightening, the country’s reverse repurchase should be stopped, interest on savings should be raised, and liquidity of funds should be reduced.
Conversely, when deflation occurs, it is necessary to lower the reserve ratio, lower the interest on loans and savings, and increase the number of reverse repurchases by the central bank.
There are also medium-term and standing borrowing facilities, and banks and other financial institutions have overnight lending..."
Why did Li Yi depreciate the control in the currency system?
"Let's lend out, and it depreciates?" Princess Yongmu listened very carefully, understand.
"Currency depreciation, there is also a factor of productivity. The increase of raw materials and the improvement of production technology will reduce the price of goods.
The price of commodities decreases, the purchasing power of money increases, and the increase in purchasing power exceeds interest. Instead of depreciating, the currency will increase in value.
Currency appreciation and depreciation depend on the prices of necessities for the people’s survival, such as food..."
Li Yi said in a simple way, that is, nothing.
The purchasing power of a country's currency is the most important thing. In the country, if the goods are found to be insufficient, then it will be passed on to foreign countries.
Take advantage of technology to form an absolute trade surplus, thereby stabilizing the value of domestic currency.
This is why the currency depreciation rate of that country in North America is lower than that of other countries. The more it lacks technological advantages, the more it depreciates.
When the currency of a country can be adjusted to the currency of another country at will, it means that the overall economic strength of this country is not much worse than that of the other country.
Generally speaking, if the gross national product reaches 60% of the other country's total, it can barely be achieved.
But if you have a full industrial system, you can do it without reluctance, but with ease.
The country where Li Yi was located at the time did it. Targeting the world's largest economic power at the time, the exchange rate increased whenever it increased or depreciated.
Devaluation during a trade war is conducive to exports.
When there is a large-scale disease, it will increase immediately and stop you from buying things from me. If you want to buy, spend more money.
Princess Yong Mu stopped eating and looked at Li Yi with wide eyes.
"This is only a small part of governing a country. It's very small. It's difficult to rule a country! If you get better, you can call it governing a big country, like cooking Xiaoxian.
But you also know how many kinds of dishes there are, and which aspect can't be taken care of, and the taste will be different.
If the dishes are poor, they can be thrown away. If the country’s development is wrong, many people will die. "
Li Yi concluded, and sighed, he knows too little, and when he's okay, he has to look for information from the system.
"Hmm!" Princess Yongmu laughed idiotically, and she was willing to see what Li Yi looked like when she pointed Jiangshan.
After Li Yi ate a burnt circle, Princess Yongmu recovered: "That means that the money we lent out will make a profit in the future?"
"Yes, but the money earned from lending needs to be subsidized, not to ordinary people, but to the industry, the clothing league..."
Li Yi took a sip of milk and talked about technical input.
Cooperate with Yimeng and Gongmeng, and provide additional funds for technical research at that time.
It is mainly distributed in the form of rewards, and whoever has figured out better management methods and techniques will be given the money.
Who else puts forward an idea, thinks it is feasible, and gives money for research.
Don't be afraid of failure. Success once will promote the development of Datang. Li Yi not only makes money, but also earns his life.
'Thump thump thump' "Lee Lang, Little Mother, to a business Yi, said there are good things to sell to us, asked us not to."
Xiao Lan ran up from downstairs. There was cake residue on the corner of her mouth. It was obvious that she had eaten breakfast and stole the cake for entertaining guests.
"Have you brought things up?" Li Yi said.
"He's outside the door, outside the door on the first floor, man, he said he would use ~www.wuxiaspot.com~ Xiaolan put out her tongue and licked the corner of her mouth, licking off the cake scraps.
"Tell him, don't." Princess Yongmu took a spoon of egg custard and put it in front of Xiaolan's mouth.
Xiao Lan opened her mouth to eat, turned around and ran down again.
Princess Yongmu waited for a few breaths and asked Li Yi, who bowed her head to eat there: "Li Lang, you don't want to know what it is?"
"I don't want to, I want to have everything, in case it is dangerous, it affects my mood. Just after a small year, I don't want to kill."
Li Yicai is not willing to take risks. If you say you have something good, I will go to see you?
After the New Year, I will go out to sea. I have a yacht and make a big circle. What can I not find? Also use your barbarians?
When I gather all the seeds, you can only find a way to get cheap food or something. I don't want jewelry.
Not long after, Xiao Lan came up again, with a tray in her hand. The tray was covered with satin. A porcelain plate was placed on the satin. There was a black dried abalone in the plate.
"Well, he said he has a few of them, black ones, they are black when they live, and he said they were bestowed on us by God."
Xiaolan had never seen dried abalone of this color, she was very curious.
"Where are the kangaroos and koalas? Where have he been? Pen and ink."
Li Yi put aside his mouth, deceived me, and gave it to me? What is not a gift from heaven?
Australia’s black gold abalone is nothing more than that, when I don’t know? So if I decorate the satin and porcelain of Tang Dynasty, it is valuable?
Why don't you use a gloomy wooden box with gold rims? It's best to get a few pieces of Lantian jade for decoration.
Xiaolan happily took the Four Treasures from the study room and watched Li Yi's paintings.
Li Yi uses brushes to draw koalas. The color of koalas is mainly gray and white.
When he finished painting, Xiaolan and Princess Yongmu's eyes lit up.
"Li Lang, why is it so fun?" the two said together.
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