Rebirth: Japanese investor
Chapter 76: monetary easing
Chapter 76 Monetary Easing
Masayoshi Kishimoto had foresighted for a long time. Once the Korean government and the central bank issued a monetary easing policy, when the ordinary people of South Korea had a personal intuitive feeling, it meant that the amount of money had already been issued. I don’t know how much.
The government and the central bank naturally have the power to issue legal tender. They just need to let the printing machine run at full capacity, and print it according to different actual needs.
The upper classes will have various channels to receive news in advance. Before the government and the central bank officially announce it through the media, there will be countermeasures. Or, the two parties have conducted a negotiation and customized it.
After all, Korea is a country controlled by chaebols. Samsung Group alone accounts for nearly 20% of the country's GDP.
The top four chaebols account for 58% of South Korea’s GDP. The top ten chaebols account for more than 80% of the country's GDP.
Although the middle class accepts it passively, there is absolutely no problem in living it. First, they all have long-term formal jobs.
These main groups are either civil servants or regular members of large enterprises. Even if the South Korean government and central bank introduce monetary easing policies, they may not necessarily be harmful, and they will benefit more or less from it. The real estate in the personal name has risen sharply.
When the amount of money in the market increases, the currency will inevitably depreciate, and it is inevitable that prices will rise. At the same time, it will also lead to substantial increases in real estate, especially rents.
Since it is middle class, it means that there must be a house. No matter how bad it is, there should be gold, stocks, and various negotiable securities in hand, not just cash.
is accompanied by rising tides, which can offset the negative impact of inflation on them. Otherwise, the government or large companies will directly give them a salary increase, increase temporary subsidies for living, and so on.
The lower class is miserable, really miserable. The group with the largest number of people will suffer inexplicably less money in the bank.
Of course, the less money here refers to the purchasing power. For example, in the past, 10,000 won can buy a watermelon, but now it takes 20,000 won to buy a watermelon of the same size in the past.
The reason why is the lower class, houses are generally not available. Gold, stocks, various securities, etc. are often not available. If there is, it will be very little.
Their main habit or storage method for emergencies is to deposit cash in the bank or in a secret place in the home that only they know. As a result, when people sit at home, the money becomes less.
In real life, they obviously feel that prices are getting higher and higher, and survival is getting harder and harder. The salary is not going up. Even if the wages were raised with great difficulty, there was no inflation.
Wages rose by 5%, real prices or in other words, the CPI consumer price index rose by 10%. Save money, try to reduce expenses, squeeze out money to live, and the pain index will increase accordingly.
Three meals in the past became two meals, and two meals in the past became one meal. Otherwise, just let three meals a day become one meal. After all, water, electricity and gas also cost money.
Kishimoto Masayoshi thought of this, and he felt a lot of emotion in his heart. Why did he understand that people always want to move up by unscrupulous means? It is from this.
is still a good saying in Chinese, that water flows to low places, and people go to high places. Don't think that when you retire, you can enjoy your old age with a pension. In the evil capitalist society, that does not exist.
Kishimoto Masayoshi knows that the retirement system is a beautiful scam. It first started in the feudal society stage of developed capitalist countries in Europe and America, and it is suitable for people who are the backbone of society such as public officials.
According to different social status and pre-retirement positions, after retirement, they can receive monthly pensions ranging from 1 to 2. However, money in the past, whether it was pounds or francs, was a metal currency.
also means either gold or silver. These things are things that the government and the central bank cannot easily issue. Gold and silver must be obtained through mining and other methods, and then cast into currency circulating on the market. It is completely different from today's government and the central bank, which have unlimited currency printing rights. .
Therefore, the biggest advantage of metal currency is that it is not easy to depreciate. Moreover, it is not easy to rot like paper when stored.
The amount of pension received starts from the current fixed number. Under normal economic conditions, personal life is not a problem.
However, normal economic conditions are not permanent. The cycle of financial crises is generally once every ten years.
Here comes the problem. Retirees will definitely not be happy if the government directly reduces the amount of pensions, which will inevitably lead to dissatisfaction and protests. Therefore, the government will not be foolish enough to do this, and often simply issue more currency to depreciate.
Retirees say that prices are too high and pensions are not enough. The government began to act deaf and dumb, unable to understand what was being said.
Otherwise, it’s just bullshitting, taking the data from many years ago, deliberately ignoring the price level at that time to compare the amount with the current amount, and saying that it’s obviously more money for you.
is not enough, is it a mess? Or spent on other things? For example, traveling abroad or something. It is because of the fault of you people that you have moved the wealth of your own country to foreign countries.
I can’t even afford to eat, and I still have money to travel abroad? Just don't be too bullshit. Otherwise, it's all the fault of you poor people.
One by one not paying taxes, but also taking state benefits, all of which are eaten up by your gang of **** and ticket maggots. You guys have the nerve to make trouble...
The best way to deal with the people at the bottom is to go up and down. On the surface, it is to give you a salary increase, but in fact it is to issue more money, and even the principal and interest are taken back from you.
There are many methods, which can also be harvested from the stock market, funds, etc. That is, the retirement payment to you is the money I harvested from your investment in the stock market and so on.
Weekly and again, your negative emotions are gone. You will only blame yourself for not being right, making mistakes in investment, bad luck, and bad luck, rather than stepping into the trap that has been set a long time ago.
Kishimoto Masayoshi has an indescribable feeling every time he sees this kind of operation behavior of ordinary people. Even if he tried to persuade him directly, he would not be able to persuade him. They will also blame you for delaying his fortune.
The mental state of this kind of person is all observed from the time when he ran the Pachinko shop. Therefore, in his opinion, it is obviously a well-made trap, and some people will take the initiative to stretch their necks in one after another. In the end, I don't know how to die when I die.
(end of this chapter)
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