The First Warlord of the Republic of China

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spn belated second update!

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Yanhuang coins adopt the world's most advanced anti-counterfeiting technology, which can be described as the world's most cutting-edge anti-counterfeiting technology banknotes, and the appearance is simple and beautiful.

The official exchange rate is set at 1 yuan equal to 2 silver dollars, equivalent to the value of the US dollar.

The reason why 1 yuan is not equal to 1 silver dollar is to increase the room for future depreciation. If Yan Huanggang is devalued to the level of the Japanese yen in the 21st century, it will not be in line with the face of a big country. [

Although the value of the currency does not mean anything, but the amount is too exaggerated, it is really ugly.

The maximum denomination of Yanhuang coins is 100 yuan, and the minimum denomination is 1%, which is equivalent to 2 copper plates. The central government stipulates that the main currency of 1 yuan and above is issued by the Central Bank of Huaxia, and the auxiliary currency of 5 cents and below is issued by the Central Ministry of Finance.

The amount of auxiliary coins issued by the Ministry of Finance is actually very large, of course, the initial number will be more. After all, the main currency is very valuable now, and people need auxiliary coins to make change.

However, as time goes by, the issuance of tokens will decrease.

Huaxia Central Bank is a private bank 100% controlled by Jiang Yu, which means that the additional banknotes issued by Jiang Yu can be used at will.

What is the most profitable?

Of course it's opening a bank!

What is the most profitable bank?

Of course it is a bank that can print notes!

On the same day Congress passed

"Prices will definitely rise, but you have to consider that the current price in China is much lower than the international level due to the long-term monetary tightening. The increase in prices will only bring prices back to normal levels." Chen Guangfu continued to analyze Jiang Yu: "And this normal level is not the same as the international price. If our 30 billion additional issuance continues, the price will still be lower than the international level."

"Can the food supply keep up?" Jiang Yu continued to ask, if the food supply could not keep up, the common people would rush to buy food, and the price of food would soar, Wu Yedao said.

"China's grain production has grown rapidly again this year, and we imported a lot of grain before the outbreak of the European War, so food supply is not a problem."

"Then... let's issue another 30 billion!" Jiang Yu finally agreed to Chen Guangfu's proposal after thinking for a while.

30 billion, that is, 60 billion silver dollars.

This is not a joke, so Jiang Yu has to ask the situation clearly before making a decision.After all, the Huaxia Central Bank seized the right to print money not for the purpose of land acquisition directly by printing money.But for better economic development.

Of course, this is also closely related to the annexation of land, but the problem is that it is too unskilled to directly print money to buy it, and the consequences of doing so will only harm the country and the people.

"Now that the central government has begun to rectify the financial system, foreign-funded banks will no longer exist. Banks will also be banned. The next task for the banks is to spread the banks across the country and start to establish a credit card system." Jiang Yu said to Chen Guangfu: " At present, the European War can make our country's economy develop rapidly, so the credit card system is just a foreshadowing for the time being. When the European War is over, the world will fall into economic depression. At that time, we will have to make a lot of external credit, stimulate domestic demand, and use the way of overdraft consumption develop as quickly as possible.”

"This also requires the cooperation of the relevant tax system." Chen Guangfu said: "The people in our country have a tradition of saving, and many people save their money and deposit it in the bank."

"I will communicate with the central government in this regard." Jiang Yu nodded.

In countries with storage habits, it is difficult to carry out overdraft consumption, because for ordinary people, it feels uneasy if they do not save some money at home.

So to let the common people consume, the tax system must be reformed first.

Since China is taking the consortium route, it has to learn from the American tax system. If workers spend all their wages, they don’t have to pay taxes.

The groups who have to pay taxes are those middle class and upper class who have savings.

The advantage of this is that, first of all, the common people can consume after receiving the money, so as to expand domestic demand.At the same time, it can also allow those who are not willing to spend their money to invest their money. As long as they invest their money, they do not need to pay taxes.

The advantage of this is that under such a system, those capitalists will not squander the money earned by the company, but will continue to expand assets, or use the money to research technology.

Of course, this kind of system also needs to be guaranteed by the national welfare system in the four fields of 'education, medical care, unemployment, and retirement', so that ordinary people can spend money happily.

There is also a tax police, which already exists. The tax police can enter anyone's home at any time to search, and can punish citizens who evade taxes, and the punishment will be severe.

In addition, government spending will be increased, and the traditional sheep-herding administration in China will not continue, and the government must manage every corner.All transactions must be invoiced, and every citizen must report to the tax department every month or three months.

At the same time, it is necessary to publicize the atmosphere of "shameful tax evasion" in the whole society, and at the same time use the help of the rise of the nation to call on the whole society to pay taxes according to law. [

These will be sea-shaking changes.

These changes must be completed within three to five years, so as to boost the Chinese economy in the context of the global economic depression after World War I.

As for export-oriented economic development, it can be developed, but those with high added value must be exported, and those raw materials cannot be exported.

In fact, the kingly way of economic development is still domestic demand.

The development of the internal economy, such as relying on real estate to stimulate the economy, is a model that has no good relationship. Can houses fight wars?Therefore, it is necessary to curb housing prices, and we must curb Chinese people's enthusiasm for investment in real estate.

A very bad habit of Chinese people is to invest in real estate, and buy more than a dozen houses when they have money.

To invest, ordinary people must be allowed to invest in those industries that can expand the potential of war, and ordinary people have to get in touch with the law through the stock market.

If stocks in the stock market want to have investment value, they must pay dividends to shareholders on a regular basis. You can’t collect money for the sake of collecting money like the Chinese stocks in later generations. Every listed company is like an iron rooster. Want to pay dividends?No!

The export of products with high added value can also increase the country's war potential. Therefore, the purpose of vigorously exporting those high-end products is to expand the scale of the industry and use the foreign exchange earned from outside to purchase those precious raw materials.

Once China embarks on this development track, the speed of development will absolutely surpass that of the United States. First of all, China has a population of [-] million, and the population will continue to increase.At the same time, Jiangyu's plug-in can quickly increase the height of science and technology, and its productivity will be higher than that of the United States.

At this time, the population of the United States was only 9000 million, and it was only 3000 million during World War II.

……

Entering December, winter has come.

But at this time, China was very hot. Due to the issuance of banknotes, and in order to obtain more circulating funds, the silver dollar has not been recycled for the time being.

The consortium, which has obtained a large amount of development funds, first began to invest in a large number of industries.

Orders for Europe have already arrived.

These orders are all controlled by Jiang Yu's consortium, and those that can be produced by themselves are produced by themselves, and those that cannot be produced or produced in time are outsourced to private factories.

With the injection of a large amount of capital, the Chinese economy directly broke the ice.

Construction sites are once again in full swing, and construction projects are everywhere in every province across the country.

The first to invest heavily is still agriculture.

The unified China has been completed, and the agricultural resources of all parts of the country have been able to be developed, especially the Northeast region, which is suitable for the development of mechanized agriculture.

A number of commodity grain production bases have been directly identified across the country. The North China Plain, the Northeast Plain, the Guanzhong Plain, the Hanzhong Basin, the Sichuan Basin, the Hanjiang Plain, and the Hexi Corridor have all established commodity grain production bases.

The southern provinces began to build local mechanized grain production areas.

A large number of agricultural population went to the construction site of agricultural reform.

At the same time, in order to expand steel production, iron ore resources along the railway line and large-scale iron mines in various provinces have entered into construction, and iron ore production will soon experience rapid growth.

But time is still needed, thus causing the price of steel to skyrocket.

Because steel is needed everywhere, the number of railway construction sites has also increased, and a lot of steel is needed for shipbuilding, and a lot of steel is also needed for agricultural machinery and automobiles.

For a while, investors aimed their investment in mines and steel plants. Soon after, dozens of mining companies and steel companies were added to the listed companies.

These companies have extremely high profits and pay dividends every month, and the stocks quickly arouse the panic buying of ordinary people.

At the same time, the shipbuilding industry also obtained a lot of funds in the stock market. At this time, the profit of the shipbuilding industry was as high as 200%, because the UK began to place shipbuilding orders from countries around the world.

The British shipbuilding speed is far behind the sinking speed of German submarines.

For China, a good era of development has come. In this golden age, almost as long as you invest money in it, you can make money.