I opened the way of earth practice

Chapter 328 The highest-level financial meeting
As Zhang Xiaojun said, the top management is indeed holding an economic conference on this matter. The elders, Long Zhan, the head of the central bank, and dozens of top financial experts are present at the conference.

"Today's meeting has only one theme, how to solve the currency problem in the Xuanhuang world and establish a stable and safe financial system. All of you here are experts in this field, and everyone can speak freely." theme.

"General Long, let me tell you about the problems we are currently facing." The Great Elder looked at Long Zhan and said.

Long Zhan nodded to the Great Elder, opened his file, and said seriously:

"Let me say four o'clock first."

"First: The villages at the lowest level, and even some remote towns are still carrying out the most primitive transaction method of bartering, because they don't have much reserves of mysterious coins, and in addition, the pricing power was in the hands of the Yaozu before. I was squeezed very hard, so I was very resistant to using Xuan coins."

There are no mysterious coins, that's because the Yaozu's exploitation is too severe, basically all the mysterious coins are in their hands.

The pricing power is in the hands of the Yaozu. They set a very high price for all kinds of materials, and they use Xuan coins for settlement. Naturally, the humans below cannot be suffocated to death. They directly bypass the pricing of the Yaozu. Secretly conduct transactions of various materials.

According to one's own needs, according to the importance and scarcity of these materials, not according to the price set by the monster clan, over time, it will degenerate into a barter model.

"Second: Commoners use mysterious coins, while most of our citizens use soft sister coins, which need to be exchanged, but the exchange rate has always fluctuated greatly, which has caused some speculators to earn money through this fluctuation. The price difference, making a fortune, although some have been caught, but repeated prohibitions."

Citizens who have just come to Xuanhuang Realm will basically exchange Xuan coins at the Bank of China, but the old fritters who have been there for a long time have found another way, which is more affordable.

Although most civilians are using Xuan coins, some people who have more contact with citizens have begun to understand that they like soft sister coins, and often exchange some soft sister coins with citizens they know, or take the initiative to find them. Coin use, even collection.

But they don't understand what the exchange rate is, and they don't understand these financial common sense.

Some speculators discovered this loophole.

Assuming that the exchange rate of Ruanmei Coin to Xuan Coin is 10:1, when the exchange rate of Ruanmei Coin to Xuan Coin depreciates, assuming it becomes 12:1, then it takes 12 yuan of Ruanmei Coin to exchange for a Xuan Coin.

And those civilians don't understand, or they don't have any sources of information in this regard.

After all, the Chinese on the earth have a Xianyuan watch or mobile phone, which can keep abreast of the country's dynamics, but those civilians do not have it, and they still exchange it with citizens at the previous price of 10 yuan.

Those speculators took the opportunity to absorb a large amount of mysterious coins, and then conducted private transactions with other citizens in need. The official 12 yuan can be exchanged for one mysterious coin, but they only need 11 yuan to exchange it.

Other citizens in need said that every time they exchanged a mysterious coin, they could save one yuan and made a profit. However, those speculators exchanged the mysterious coin for 10 yuan and sold it for 11 yuan. If you can earn a price difference of one yuan, you can also earn it.

It can be seen that in this whole process, the middlemen and the citizens who exchanged Xuan coins are the beneficiaries, but the civilians who don't understand the market are the victims, and they were cheated, and the Bank of China also lost in disguise, and was robbed. Wave wool.

This is not a big deal, this loss is nothing to the officials, but what the higher-ups are most afraid of is that this kind of thing will intensify, and more and more people will join it, then there will be more and more civilians Be pitted.

When the civilians react in the future, what will they think, aren't they their own people?Such a pit on us.

I'm afraid that most of them will have more disgust towards citizens, which will lead to class antagonism. This is what the high-level people are most worried about. After all, their foundation here has not yet been fully stabilized.

It is very difficult to build a building, but it is very easy to destroy a momentary thing.

"Third, citizens and civilians are very confused. They don't know whether it is better to hold Xuanbi or Ruanmeibi."

Everyone nodded after listening. There are two currencies in one country, and they are still fluctuating. Everyone must be worried about the depreciation of their money and want to hold a currency that is more valuable and even has the potential to appreciate.

It's just not sure, which makes people tangled.

"Fourth: Regardless of whether it is an official store or a private store, there is a lot of controversy about which currency to charge."

"I've finished the four points I want to say." Long Zhan put down the document and glanced at the elder.

The Great Elder nodded, and then said to everyone: "Everyone knows the basic situation that the Xuanhuang Realm is facing now, so let's all share our thoughts."

After everyone listened, there was silence for a while, and one of the financial experts got up and said:
"The first point that General Long said is actually the best solution. Now that we have driven away the Yaozu, these places have gained a certain foundation of trust from them through our grassroots cadres. No matter what kind of currency is issued, as long as it is issued In the past, re-determining reasonable prices could solve the problem.”

Those common people don't really want to barter. This is a helpless choice. If it can be solved and they are not cheated, they are naturally willing to accept this currency.

"Second, third, and fourth, these three points are actually a problem, that is, there are certain fluctuations between Ruanmeibi and Xuanbi, and there are three solutions."

"First, the official exchange ratio is fixed, and it is not allowed to fluctuate. If there is no fluctuation, those people will naturally be unprofitable. This is relatively easy, and only needs an official document."

"Second, through the grassroots cadres, publicize the exchange rate issue to the common people, let them know what it is, and they don't need to know much esoteric financial knowledge, they just need to know what the exchange rate fluctuations between the two represent."

"Third, simply abolish one currency and issue one currency uniformly. We are a whole. It is unreasonable to issue two currencies."

What this expert said was quite reasonable, but as soon as his words fell, someone rose up to object.

"I partially agree with Professor Zhang's point of view. The first point is that the fixed exchange ratio is feasible in a sense, but Professor Zhang missed one point."

When Professor Zhang heard this, he frowned slightly, and looked seriously at the professor who stood up to oppose him, only puzzled, but not angry because the other party opposed him.

There is still some energy.

They are all truly talented and learned people, and they can hold a boat in their hearts. As long as they say something reasonable and can convince themselves, they will agree.

(End of this chapter)