My courtyard shelter

Chapter 290 International Currency

Since talking to his father, Xu Bin has calmed down again. He doesn't talk about his daughter's work or his father's company, and he is completely focused on Panjiayuan. Reading

As expected, it is a former holy land for collections. There are so many good things here that he has broadened his horizons and gained a lot.

However, in just a few days, Xu Bin has found a lot of things. He also knows that his level is limited, so most of them are gold and silver jewelry.

In this way, not only did he spend hundreds of thousands of yuan in his bank card, but he also borrowed a full 200,000 yuan from Xu Dong.

When Tan Aifang found out, it was too late, and he could only drag the whole family to a "public trial meeting".

"Big brother, why did you buy so many jewelry?" Xu's mother asked.

"What else can I do? Of course, I collect them. Money is not valuable now, and gold is valuable." Xu Bin said confidently.

Tan Aifang choked up: "You don't have to buy so much. My daughter will graduate next year. It's time to spend money. You are not a child. How can you be so willful?"

"Mom, I won't take the postgraduate entrance examination after graduation. How much money can I spend?"

Xu Jingyi immediately expressed her opinion. Her major is liberal arts, and the difficulty of the postgraduate entrance examination is very high. She herself has no confidence and plans to join the work as soon as she graduates.

And the workplace can only be Yanjing. In order to achieve this goal, she didn't even find a boyfriend in school, for fear that she would be overwhelmed by love.

"Yes, sister-in-law, you should be open-minded. Brother is still very sensible. He bought gold, which is convenient to cash out." Yang Lina helped persuade.

"Believe me, the price of gold will definitely rise next year." Xu Bin said confidently.

Dad Xu said impatiently: "Where did you hear it from?"

"Isn't this obvious? The US dollar is weak internationally now, and there is a lack of a recognized international currency. Is there any currency more reliable than gold?"

"Why not?" Xu Dong said.

Xu Bin looked at his younger brother, his eyes full of disbelief: "Okay, you said there is, then tell me which country's currency it is?"

Xu Dong took out his wallet directly from his trouser pocket, and then pulled out a hundred-yuan bill from his wallet:

"Here, this is it."

"What? You mean... How is this possible?" Xu Bin was shocked.

Xu Dong put the hundred-yuan bill back into his wallet, and then explained: "Last year, although there was no statistical data on the GDP of countries around the world, it can still be roughly deduced based on the total power generation of each country."

"Third brother, tell me in detail." Xu's father became interested.

Xu Dong nodded.

"In our company, there is a statistical data on the total power generation of countries around the world. Although it is not 100% accurate, it is almost accurate.

According to that data, the total global power generation last year was about 2 trillion kWh, which is only equivalent to a quarter of a normal year. Guess what proportion of domestic power generation it is?"

"How much?" Xu Bin asked subconsciously.

"It's about 58%. Do you know what this means?"

Xu Jingyi is a college student after all, so she reacts quickly: "Uncle, is our country's GDP also this proportion?"

"Although it's not in the middle, it's not far off. Given the current international situation, our country's GDP is expected to account for about 50% of the world economy, which is higher than the United States before."

"So what?"

Xu Bin, a rough man, graduated from high school, and it has been decades. He doesn't understand any economic principles at all. The so-called gold price theory before was also heard from people in the gold shop.

"What? Such a high GDP share means that more than half of the world's goods are produced by us, especially since we are a traditional manufacturing power, the share is estimated to be even higher."

Xu Jingyi helped to add: "What my uncle means is that our country has the pricing power of most goods, so the so-called international currency is naturally out of the question.

Think about it, if the goods sold by our country are only settled in Daxia currency, what will happen?

This is much more awesome than oil settlement. There is no way around it. Unless we are self-sufficient, we can only accept our country's currency as the new international currency."

"Papapapa... Jingyi said it well!"

Although Xu's father didn't understand it very well, he was shocked. His granddaughter's college life was not in vain.

"Papapapapa..." The children followed suit.

Xu Bin was also confused. He looked at his daughter eagerly: "Jingyi, Dad doesn't understand what you said. Just tell Dad, will the price of gold soar next?"

"Anyway, I don't think it will."

Xu Jingyi shook her head. After all, she was not a professional, and she knew limited things. She could only make a rough analysis.

But Xu Dong is a reborn person. He knows the general trend of gold prices, not to mention the back of his hand. At least he knows the general trend.

"Big brother, just give up on this idea. The gold price is basically at this level. It may fall slightly in the next few years. If you expect to get rich from this, you might as well buy a lottery ticket."

Xu Dong teased.

Hearing this, Xu Bin was hit hard, and his eyes were confused.

Mother Xu took the opportunity to interrupt: "Lottery tickets are even more unreliable. Big brother, don't listen to the nonsense of the third brother."

"Brother-in-law, should we sell all the gold jewelry in our family?" Tan Aifang asked.

"If you are not short of money, you can collect it for ten or eight years. Big brother is right. Gold is indeed more valuable than depositing it in the bank."

But it is only relatively speaking.

Xu Bin seemed to have grasped a life-saving straw at this time: "Lao San, as you said, if you save for ten years, how much profit will you get?"

"I can't say how much profit there is."

Xu Dong shook his head, "Let me give you an example. If it is 10,000 yuan, even if it is deposited in the bank, it will depreciate by almost 50% to 60% in ten years.

If you switch to gold, you still have at least 70% to 80% of your purchasing power, which is pretty good. If you don’t have suitable investment channels, switching to gold is also a good choice. "

"Isn't it still a loss? It's just a loss but a loss." Tan Aifang was disappointed.

Yang Lina asked curiously: "Husband, is there any way to preserve the value?"

"Investment, only investment can preserve value, but investment risks are very high, and the stock market has been closed for several years now, and there are restrictions on buying a house. Overall, there is a very lack of investment channels."

Father Xu waved his hand: "Our family has a company, so we don't have to worry about currency depreciation. You all can relax!"

"Dad is right. As long as we run the company well, our family's wealth will only increase and will not shrink."

"Why not shrink?" Xu Ma stood up and picked up Dabao, "It's enough if you have food and drink. Why do you need so much money?"

Xu's mother has inspected the bakery several times recently, and has seen the hardships of workers, which is why she felt so emotional.

"Mom is so right, mountains of gold and silver are not as good as a warehouse full of grain." Xu Dong gave a thumbs up.

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