Bringing A System To Great Tang
Chapter 932
“When the domestic production technology cannot form an absolute advantage over other countries, the amount of consumption in advance will depreciate the domestic currency.”
After dawn, Li Longji came to Li Family Farmstead.
He wants to discuss Japanese trade and currency issues with Li Yi.
As a result, Li Yi talked about monetary theory, which is not purely financial, but includes production technology and productivity.
And what he said is the reason why countries on the other side of the earth tried their best to suppress his countrys Electronic Product and tertiary industry.
Electronic Product belongs to the field of science and technology. Once it operates and the cost is lower than the actual value of the purchase of materials, it will have an impact on its own country.
The tertiary industry is the service, and the Electron service is the APP. Once the scale is large, there will be capital outflows.
So what is the most direct consequence? The domestic currency has depreciated.
Thats why the country on the other side of the earth, the crazy president, is desperately trying to clean up these industries in Li Yi country.
If you don’t clean up, the currency stability of hundreds of years will be broken, and then the currency will depreciate, thus losing its international status.
For international currencies, the consequences of currency depreciation will have serious problems of currency return.
For example, M yuan is an international currency, issued one trillion yuan.
Buy a lot of products from other countries, and these products are consumed in the country.
Then the tariff is 5%. After 20 cycles, this trillion is not over-issued. There is no need to depreciate and the money is made back.
The products that other countries used to sell to him were all physical objects, such as ore, metal, leather, and small commodities…
The physical object itself has value, even if it will break .
But one day, the APP of a country was thrown away, and the APP was not a real thing, and then crazy money.
The money earned can be used to buy the actual things in the country. If you buy it at one meal, domestic materials will flow out.
If you want to buy grain, that much money, and domestic grain prices will increase, the result is M yuan inflation.
More similar things appear, M yuan will continue to depreciate, and in terms of high technology, it will lose the dominant power. What will happen?
The depreciation is too great, the credit is reduced, and then more countries holding M yuan will frantically use the M yuan to buy things in their country.
M yuan itself is not a standard currency, it is a credit currency. Over-issued needs to be balanced.
Once everyone uses the money to buy things in this country, the prices of things in this country will increase.
Inflation appears, and people need to bear this loss.
The peoples hard-earned money is worthless, purchasing power declines, and the economic crisis broke out.
This is the result of losing its technological leadership and the tertiary industry of other countries grabbing the value of its own currency.
So people have to sanction and force you to sell the app.
Otherwise, their monetary system will collapse, the currency will flow back, resource expenditure, and inflation.
That is to say, how many super-issued credit currencies have been released by their country with technological advantages. When technology cannot rule, those credit currencies will cause much harm to itself.
Li Yi didn’t talk about what happened at that time, but just told Li Longji about the concept in an easy-to-understand way.
Li Longji understands, he now wants to confess all the people who died in Li Family Farmstead.
You are so great, you have died a lot of people, and finally brought Li Yi over to accept Farmstead.
I got to know Younger Brother Yi because of this. Oh, and the big brother. It was the big brother who went to the Imperial Farm first and discovered the situation. He really is his own brother.
“Younger Brother Yi, that is to say, our technical advantage lies in the over-issuance of foreign currency, can we use technology to make up for it?”
Li Longji can’t immediately set up a special Technical Research & Development organization.
“Yes, including the technical price difference and tariffs. The things the other party sells to us have no technical content. We charge their tariffs and they have to stand up.
We have the technology When things are sold, they dare not charge us tariffs.
Even if we dont sell them high-tech things, they cant pay much.
For example, lathes, The lathe in Farmstead has been improving, and the things made with the lathe also contain high technology.
The lathe is definitely not sold. The tools produced by the lathe are subject to restrictions if others want to buy. “
Li Yi admits, that’s it.
His country at that time was subject to various technical restrictions, not to mention mother bed technology, and derivative products were not acceptable.
However, his countrymen at that time were very powerful. I will fight in which way you restrict me.
If you don’t let me enter the space station to cooperate, I will launch the space station myself.
If you dont give me a hundred thousand ton hydraulic press, I will build it myself and sell a 200,000 tons hydraulic press.
Thank you for the adversity you gave us. We are kites and rise in the air in adversity.
You dont sell the five-axis linkage to us. Now we also have 3D printing technology.
Technology has a development limit. Ten years of development is a leap, and after ten years, each step will be difficult.
Our country will chase after these ten years, and then stand with you at each step.
Even overtaking in corners, faster than you, because our foundation was stronger in those ten years.
You can stop it for a while, can you stop it for a lifetime?
Li Yi thought, showing a proud expression.
My Great Tang technology is restricted, and you will not be able to catch up for a hundred years, and neither will the Japanese country.
Waguo is good at learning. It depends on who the opponent is. I am more good at learning.
The Japanese nation can endure hardships and stand hard work, and boasting with other countries. In the face of the Chinese nation, you still cannot fight.
Li Longji didn’t know his Younger Brother Yi’s mind, but suddenly realized that Younger Brother Yi was in a different state.
On the surface, it looks more peaceful, but the expression in the eyes gives people a feeling of flying.
“Younger Brother Yi?” Li Longji said carefully.
“What are you doing?” Li Yi also lowered the movement.
“Does your mother bed need to strengthen defense?” Li Longji worried.
“I made three sets, two sets are underground, and then once they can be improved and upgraded, I put them underground first.
In fact, this is not necessary, I am just cautious.
Others cant come in, even if a few come in desperately, just take a look, its no use, that thing is not just looking at it.”
Li Yi never worried about his machine tool mother Problem with bed.
Now the mother bed in Farmstead is always being updated, and the degree of precision will be stronger from generation to generation.
In addition, he has enough theoretical support, and in a while, he can produce Semiconductor.
“Wait for up to two years, maybe a year, no information transmission of 10 li is needed. Logistics must be maintained. I will bring something out and we will send a telegram.”
Li Yi revealed something in advance. Telegram has enough technology now, hardware.
He doesn’t need to make detours, he has the technical information, and he is in place.
“What is a telegraph?” The lathe Li Longji has seen is not as good as the equipment in Li Yi’s hospital, but it is a good thing that you can build yourself.
“Thousands of miles away, I am writing to you here. Yes, even if you are writing a letter, after a few breaths, you receive a letter on your side. This is a telegram.”
Li Yi considers his vocabulary and tries to speak it plainly to Li Longji.
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