Siheyuan starts from a better life

Chapter 1165 Signing Fee

"Then why do you use the US dollar as an anchor?" Jiang Yan continued to ask his own question.

"Jiang, you know, after such a long period of depreciation, the value of the ruble is no longer important. Even if it depreciates two or three times, it doesn't matter. Anyway, the ruble has depreciated a thousand times. And the reason why I use US dollars when pricing is also because of this reason. If it is denominated in US dollars, when the bond is announced, I will multiply the exchange rate of the day by 12 billion US dollars. And if it is in rubles, I am afraid I will need to calculate the price again on the day of the announcement."

As the maker of Russia's national economic policies, he is actually forced to price Russia's total assets based on the US dollar. If others knew this, I really don't know how they would laugh at him.

"To put it bluntly, this private bond is a welfare issued by our government to the entire Russian people. It cannot be circulated, and cannot be used to purchase any items. It can only be used to invest in companies and factories. I want the Russian people to know that this is a gift to them, equivalent to money. And then I will tell them that one day, this bond can be exchanged for two Volga cars!"

Gaidar became more and more passionate as he spoke, and at the end he even roared loudly. Looking at this scene, Jiang Yan's eyes flashed with surprise. As Gaidar was a taciturn and frugal person, he rarely saw Gaidar so excited.

If they proceed according to their plan, it must be said that this is a good thing for the entire Mao people, but what is the result! This plan, like the Xuying Bank plan, failed miserably.

These two plans indirectly caused great harm to Russia and also made Russia's wealth more concentrated.

In fact, Jiang Yan could understand the core of their plan. Their core intention was to find truly qualified business owners through private bonds, so that these qualified business owners could obtain ownership of the company and produce more and better products. And let ordinary Mao people get capital returns while meeting their own living needs.

Just as Jiang Yan said before, if people’s hearts are bad, no matter how good the policies are, they will be useless and will even backfire.

They forget that human nature is greedy. After obtaining ownership of the company, the so-called managers they select will try every possible means to hollow out the company and sell it in order to obtain higher profits.

Over time, their actions disappointed many Mao people, and then they began to ignore and distrust the bonds.

That is how these bonds were targeted by some people with ulterior motives. They bought the bonds from the people, then used the bonds to buy Russia's assets, and then sold the factories, shops, and oil fields to make huge profits.

Thinking of this, Jiang Yan couldn't help but sigh in his heart that a good policy had been ruined. The bonds that they said could be exchanged for two Vodafone cars in the future were only worth a few dollars in the end, and they destroyed the last bit of Da Mao's wealth.

Thinking of this huge asset being taken away bit by bit by those people with ulterior motives, Jiang Yan felt an indescribable feeling and an indescribable sadness in his heart, and he couldn't help but let out a long sigh.

"Jiang, do you think there is any problem with the bond plan?" Gaidar and Chubais looked at Jiang Yan nervously after seeing Jiang Yan's reaction.

Jiang Yan pondered for a moment, then shook his head gently. Although he knew the failures of the franchise bank and bond plan because of his past life, he had no ability to change them.

After all, when it comes to the formulation of economic policies, Gaidar and Chubais are far better than him. If these two can't find a solution to the problem, how can he find one? Jiang Yan still has this self-awareness. In addition, the current economic problems of Mao are a dead end, and no one can solve them. The factory directors and managers who were in power before, who were left over from the Soviet era, are inactive and only want to hollow out the enterprises and dig into Mao's corners.

So Gaidar and Chubais tried to find a way to distribute the Russians' assets to everyone, but the problem was that no matter whether they auctioned off the companies or let the Russians buy the companies with bonds, it would not change the fact that after these people got ownership of the companies, they would not run the companies well, but would choose to sell them.

This is the naked reality, which cannot be changed by human power.

Unless they can find a large number of people who are loyal to the country and have business management capabilities, are there such people in the entire Russia now?
There is also Boris's attitude. In his eyes, it doesn't matter whether Russia's assets belong to the people or to foreign capitalists, but they cannot belong to the country. They worked so hard to overthrow the Soviet Union, wasn't it for freedom, democracy, and market economy, to rescue Russia from the clutches of the Soviet Union? If private ownership cannot replace state ownership, what was the point of them doing so before?

However, the country said that it wanted to preserve some vitality for Russia, so I had no choice but to go ahead.

"I have said before that our basic goal is to ensure that the entire Mao people have enough food, clothing, housing and transportation. My opinion is that these enterprises cannot be sold. To be more precise, shareholders can be introduced, and even the majority of shares can be held, but a portion of them must still be controlled by the government."

"Doing this will not cause dissatisfaction among the President. After all, joint ventures are also a form of capital." Jiang Yan spoke slowly.

"To be specific, we must retain some energy, food, and the automotive industry." Jiang Yan thought for a moment and spoke.

"Can you tell us more about the joint venture?" Chubais asked.

A joint venture is an enterprise established by a state, enterprise or individual in the name of a legal person investor. When establishing an enterprise, all assets invested by the owner are recorded as paid-in capital.

A joint venture is an enterprise jointly funded, jointly operated, and jointly borne by enterprise investors and foreign investors. Foreign investors can be enterprises, other economic organizations or individuals. Joint venturers are limited to enterprises and other economic organizations, and do not include individuals and self-employed enterprises. With the approval of the review authority, a joint venture is a domestic legal person and is subject to the jurisdiction and protection of national laws. Its organizational form is a limited liability company. Joint ventures cannot issue stocks, but adopt the form of equity, and share profits and losses according to the investment ratio of the joint venture parties.

Joint ventures are a product of global economic integration.

Jiang Yan gave a detailed introduction to the composition and responsible persons of the joint venture, and Chubais and the other person beside him nodded as they listened.

"A joint venture can also be said to be a private enterprise and belongs to the private economy." Jiang Yan finally spoke.

"The reason I do this is because we must keep a backup plan for the sake of the country and the people." Jiang Yan finally spoke.

(End of this chapter)