Rebirth of the Super Banking System

Subsequently.

At the order of Tang Qing.

The various gold and silver mines controlled by the soldiers immediately became busy.

Accelerated mining in mining areas that have already been mined, and reserves of gold. The silver mine has also launched a crazy mining mode, not to mention that the soldiers have a lot of inventory during this period.

Among them, there are 49 large and small silver mines, with high reserves and low reserves. The difference between the highest and the lowest is more than ten times. Many of them are poor mines, but the purpose of this kind of mining is not to make money, but to obtain real gold. silver.

Therefore, as long as it does not lose money, even if it loses a little bit, then this business has to be done.

The number of gold mines is much smaller, with only 17 gold mines. The output of the gold mine in Algeria can exceed the total output of the other 16 gold mines, or even a little more.

no way.

That gold mine in Algeria is too rich.

It has completely exceeded the industry's definition of rich ore and super rich ore.

Such gold mines were only available when the African continent was colonized before. Of course, it is not excluded that someone like Tang Qing found out but did not disclose it to the public, but made a fortune secretly.

The gold mine in Algeria goes down, and the gold content becomes higher. Tang Qing pointed to this thing and issued a large amount, and provided a steady stream of collateral for the future issuance of the Asian dollar.

Now people in the Myanmar Special Economic Zone will basically no longer hold the kyat because its depreciation is really a bit fierce, and it is falling every day. Although the magnitude is not large, it is a fact that the depreciation is expected.

In this economic stimulus policy, the depreciation of the kyat will last at least one year or even longer.

According to the current rate of depreciation.

one year later.

I don’t know if the kyat has half of it now.

After all, that has increased the liquidity of trillions of yuan in the market. The domestic commodity market of Myanmar is not big, and the total base of the kyat’s currency is also low. .

therefore.

Many people in Myanmar have the need to exchange kyats for Asian dollars, and deposit the bank to determine the loss. However, the Asian dollars have not been allowed to conduct banking business in other places in Myanmar, and they do not have enough channels to exchange for U.S. dollars and U.S. dollars. Other foreign currencies.

Therefore, the Asian Yuan has become the first choice, and many people's assets in Burma have avoided suspicion.

This has led to a huge increase in the demand for Asian dollar banknotes.

In fact, Long Cai also discovered this situation.

But there is no way.

Because the depreciation of the kyat is true and irreversible, it is understandable for others to choose the Asian dollar. Anyway, the kyat is still the country’s first legal tender, and the Asian dollar cannot be circulated out of the Myanmar Special Economic Zone.

You can change it if you change it.

Everyone is busy with this gluttonous feast.

There is no interest in managing this behavior at all.

that's it.

The Asian dollar banknotes turned out to be the currency of Burmese, and slowly flowed into the Burmese people. Although they were only personal reserves and did not flow into the commodity exchange market, when the number was large enough, the kyat would be discovered.

Yayuan is like a bone-eating ant, it can't be thrown away until. . . Swallowed by ants.

of course.

It is impossible for the Asian yuan to eat kyats just by this way of ants stealing rice.

That's a joke.

This is just a strategy to make Yayuan's reliability and stability deeply rooted in the hearts of the people.

This time the loan.

The depreciation of the kyat in the next six months will be between 25% and 30%. Then the market will begin to stabilize because the investment has already landed and the Bank of Myanmar has no reason to print money.

At that time, Burma will definitely find a way to stabilize the value of the Kyat currency.

However, in this six months.

The value of the Asian dollar is strong.

The kyat depreciated sharply.

What will make ordinary people think of the kyat. The most important thing about currency is confidence. Once they lose their confidence, the currency is paper. In other words, the kyat has depreciated itself in the past six months.

If there is no Asian dollar.

The kyat depreciates at will. No matter what, your people have no other choice. You can use it, and you can use it if you don’t use it.

Just like the renminbi.

People do not have other currencies to use, and it is difficult to exchange dollars to maintain value. They can only invest in fixed assets and other channels of value preservation.

And once there is an alternative currency with a stable currency value, then, compared to large fixed assets, it seems that it is a better choice to exchange that little deposit that cannot be bought for a house into Asian dollars.

Lang Cai and others have also seen this situation.

The Asian Yuan is greedy for the domestic territory of the Burmese Kyat.

But they did not issue a policy to prevent it.

Ha ha.

Lang Tsai was even happy to comment on such a situation, why, because in their view, the more Asian dollars the people exchanged in this situation, the greater the loss of the Bank of Myanmar.

for example.

if.

In the past, 10,000 kyats could be exchanged for 100 Asian dollars.

Now, only 12,000 kyats can be exchanged for 100 Asian dollars.

Two thousand kyats are the loss of the Bank of Myanmar.

You know, when someone exchanges for the Asian dollar, they will give you 10,000 kyats, but next time someone else has 100 Asian dollars, they will ask you to pay 12,000 kyats. This is not a loss for the bank. .

Unless the Bank of Myanmar has a way to offset this part of inflation.

For example, at the moment of exchange, the Bank of Myanmar will be exchanged for another country’s currency. Unfortunately, this is impossible. The Bank of Myanmar will never give the Bank of Myanmar its foreign exchange reserves. These two thousand kyats will be earned back.

to be honest.

The Bank of Myanmar must pay ‘preservation interest’ for every depreciated kyat. What is the spirit? This is a complete dedication. How could Lang Tsai and the others strongly oppose it, not to mention strongly support, but it will not stop it.

Anyway, after the time when the value of the kyat has stabilized.

Myanmar can completely introduce a monetary tightening policy, stabilize the value of the currency, reduce the expected depreciation of the kyat, and regain the confidence of the people. Then, when the people find the Bank of Myanmar and ask for the Asian dollar in their hands to be converted into kyats, it will be Myanmar. When the bank loses money.

With this calculation, the Bank of Myanmar is definitely a loss.

In other words.

The Asian dollar held in the hands of the people, the Bank of Myanmar could not see a loss until the Bank of Myanmar was exchanged for kyats, but once it was converted, it would inevitably be a loss. Lang Tsai even discovered that this was also a blow. Yayuan’s approach.

Aren’t you very profitable?

With this sum alone, Lang Tsai feels that he can eat all the profits made by the Asian dollar in Myanmar during this period of time. The more exchanged now, the more losses will be made in the future. Others are willing to trade at a loss. Why stop.

In fact, Lang Tsai was right.

This exchange.

It was a loss-making business for the Bank of Myanmar.

The loss began at the moment of the exchange, and it continued, but Tang Qing could afford it, because the profits of the Burma Bank Group's industry were sufficient to make up for this loss, and Tang Qing was very pleased to see such a loss.

For any country.

Want to maintain the exchange rate of the local currency.

You have to throw money in to fill the pit, this is the iron law.

Just as Soros attacked the currency systems of Asian countries in the past, countries want to maintain the exchange rate of their currencies, almost exhausting their own US dollar foreign exchange reserves, and finally they were blown up by Soros and other international capital.

Tang Qing also uses this method of operation.

In order to maintain the value of my currency.

What if I have suffered a huge loss.

As long as I can afford it.

In the end, I can achieve my goal, and I have to do whatever it takes, as long as I can replace the kyat and lose all the profits of the Burma Bank Group, I can double the profits in the future, and much more.

The fruits of victory.

It will belong to the Asian Yuan.

The currency struggle has just begun ~www.wuxiaspot.com~Command room.

Tang Qing thought beautifully in his heart.

If all the gold and silver mines start destructive mining, how much the monthly output can reach? Tang Qing is very excited about the results, because the gold and silver mines together will be able to provide nearly 5 billion yuan a month in a stable manner. The circulation of Asian dollars.

This yield is not surprising.

You must know that the previous calculation of output is not only about the ore that is dug out, but also a certain scale of beneficiation to the final gold. A series of processing capabilities of finished silver products will ultimately yield output.

The transport node is now used.

Destructive mining was started again.

It is equivalent to getting rid of the limitations of local smelting limits. It is not uncommon for the output to double several times. If the number of subsequent mineral deposits increases, this number will continue to expand.

Tang Qing is still dissatisfied with this growth rate.

"Tang Yi, start the treasure hunt and try not to kill people." Tang Qing ordered.

A long time ago, Tang Qing asked the soldiers to start collecting information about the big treasures of various countries, and the specific implementation by "Tongtian" has already given a lot of clues to the distribution of many treasures in the world.

They are just clues, and the location cannot be completely determined.

right now.

The command room has many clues.

It just didn't dig deep.

For example, the soldier knew that someone might know the key clues, but they did not tie them up at the time, and then pressed for questions, just constantly collecting relevant information and perfecting the clue chain.

Not only on land, shipwrecks in the sea are also targets.

Once needed.

Just like now.

The fighters will adopt various methods to dig infinitely for all ‘clues’, not just investigations.

to be honest.

The soldiers are about to do ‘bad’ things again.