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Chapter 536 6.5: Origin

The epic trade war made Zhang Yi very interested. He was reading my past tweets.

Now, I'll copy that:

"The theoretical origins of today's international financial system come from Guanzi

Original author: shallow cup of low tea

Today, before I talk about "Guanzi", I have to understand the material capital system first.

So simply understand: changing materials into gold or silver is the metal currency system. Those who have learned money and banking can understand this without much explanation.

Back then, the banking background of the Soviet area, the Long March, and the border areas: one has no gold and silver, two has no foreign exchange, three has materials. This miraculously stood out from the encirclement of others.

In fact, this kind of further innovation in the permanent settlement system that has existed in history.

That was when the ancient government set up granaries in order to regulate grain prices in the past, which not only prevented "the low grain from hurting farmers" but also prevented "the high grain from hurting the people", just like large enterprises such as Chinese characters.

It originated from the Pingbao that Li Kui performed in Wei during the Warring States Period, and also had similar ideas to Fan Li and Guanzi.

This is a new reserve system for banknotes that has never been in the world.

Afterwards, the currency bank, on the basis of being poor and indifferent, also formed a completely independent monetary system according to the core concept of the former "material capital".

During the three-year disaster, there have been severe inflation, large fiscal deficits and currency.

Coupled with natural disasters and man-made disasters such as the old black of the polar bear torn up the contract, the production of heavy industries has severely shrunk, with more than 20 million new employed people in three years, but at least more than 100 million yuan of currency has been added, which has further exacerbated the sharp contradiction between currency surplus and commodity scarcity.

There is an extremely shortage of grain and industrial products, and state-owned stores (not expensive, no products) cannot be used, so there is a large-scale relaxation of the restrictions on the agricultural and trade black market (with products, extremely high prices).

Massive amounts of currency entered the black market, and due to panic, it pushed up grain prices by 10-20 times, which was a serious large-scale vicious inflation, which made the government focus on stabilizing prices.

There are two solutions:

One is to make decisions by the market, and to let capable people do it, but the geese pluck the feathers and eventually make ordinary people pay for it, which is obviously inconsistent with the original intention of the revolution; one is the classic idea that has been tried and done, namely the "material capital system".

This requires a significant increase in product supply and requires national skills, such as: the former Soviet Union and Germany.

Taizu personally took the lead in working with people across the country to overcome difficulties. Taizu had not eaten meat for many months, and had not eaten enough simple food and had a swollen body.

Each person in the city has two taels of pork per month, and the food rations are generally insufficient. Each farmer has three feet of cotton per year. Obviously, it cannot meet people's normal living needs and can only maintain a minimum living state.

This at least stabilizes the prices of key commodities.

The basic idea of ​​retrieving money - comes from "Guanzi".

The question said: "What is the transformation of the times?"

Nothing is good at extravagance (consumption can stimulate economic development - Adam Smith's simple economics, and you can find the theoretical basis here. The following words "Guanzi" are basically explained in an all-round way, far more profound than Adam Smith); being cheap is real, respecting is useless, and people can punish them. Therefore, being cheap is like respecting pearls and jade, and being good at courtesy and music is like being cheap in careers.

Originally, the pearl is the yang of yin, so it is better than fire.

Jade is the yin of yin, so it is better than water. Its transformation is like a god. Therefore, the emperor plucks pearls and jade, the princes plucks gold and stone, the officials plucks dogs and horses, and the people pluck cloth and silk.

Otherwise, the strong can guard it, and the wise can shepherd it, and the cheapest ones can be noble and the cheapest ones. Otherwise, the widowed, widowed, widowed, old and old will not get it, which is the beginning of equality.

At that time, the two prices of "high to high, low to low" were implemented, and the scale of industrial construction was reduced, and agricultural production was refocused, and luxury goods such as "high-priced snacks, restaurants" were provided. The price strategy of "high to sell, low to not sell out" was implemented, allowing the wealthy class in society to consume and recover the currency, without affecting the lives of the corresponding group, and temporarily leaving some sequelae of social injustice, and in the future, the unfair price system must be solved.

After that, the price of fertilizers, Western medicines, daily necessities in advanced regions, etc., which had high profit margins, showed a major price reduction: 1 The total price index of consumer goods fell by at least double digits.

It can be seen from this that it is completely conceivable how rampant human greed is. With the addition of two major powers of the Soviet level, we were engaging in nuclear blackmail on us at the same time, especially the polar bears at that time (but a foolish country, who would beat anyone who said they would beat him. If he was really desperate, it would naturally lead us to a great loss). Nuclear blackmail has caused people to suffer even more.

Taizu was in seclusion in the Drifting Cave for dozens of days, and finally came up with a great trick like the "Seven Injury Fist" and avoided the disaster.

That's because civil strife and bankruptcy are something that people like to see. For example, the later cents knocked down the powerful polar bear, which is enough to show the correctness of Taizu's great strategy.

Later on, because this was the core idea, it was impossible to educate and train the majority of senior cadres (Taizu made a review of the meeting of thousands of people and was rejected by others, and they did not mention the core idea. There were many leaders who were determined or unintentional in any dynasty), which made many senior cadres at that time misunderstood and made people feel deeply moved.

The material capital system has once again achieved great success in controlling inflation, which once again shows that economic prosperity has no necessary relationship with inflation, but is only related to economic theories of incompetent government and fallacies.

The once unethical countries were used to counter vicious inflation: using "balanced notes (the future citizens must repay, not the optimal tool, but a human-cannibal tool)" as the core tool to compress the asset scale of the banking system and reduce the money supply, which achieved the purpose of control.

However, in essence, this method reflects the fundamental differences between the two currency standard systems in the currency recovery tool.

Is it impossible to control inflation or tighten without such monetary regulation tools? Obviously, that is extremely wrong.

In fact, later, the cent countries were also flexibly using the material capital system to develop the international financial system it controlled.

It was just a cannibalism system - it had to be regularly blackmailed by war or real fights, forcing the US dollar to return to the slave-owning country (or else, it would be either severe deflation or severe inflation in its country).

The international gold standard went bankrupt, slave owners created oil crisis, printed a large amount of paper money, and expanded global exports, and solved it with strategic control materials.

Slave owners have to make strong security commitments to the largest oil exporting country in the world (but, a monarchy country. Obviously, they only care about interests and have no relationship with value exports). They have made strong security commitments and collected the interests of currency settlement, which makes it a bank that has become the throne of the world's central bank, implicitly exploits and enslaves people around the world.

From then on, slave owners printed a lot of money as long as they had no money to spend, exported inflation to the world, and lived a free life as slave owners.

Obviously, such domineering and unpredictable financial innovation was not the first to study, but to draw a lot from the practices of our ancestors (however, our economic textbooks are all garbage and Western economics is popular) - it is in line with our previous material standard.

This practice of "serving the people" and thinking about others everywhere is a world of difference and the practice of slave owners being slave owners all over the world. It is an essential difference.

This unpopular slave owner practice is destined to decline.

The process of serving the people's internationalization will inevitably be replaced - consideration exchange, labor pays are consideration.

Faced with the reality that the West has derived massive debt quotas using government bonds and reserves as base currency adjustment tools, the flexible use of the previous material capital system should be worthy of careful reference and reflection by carnivores.

These theories come from classic books such as Guanzi and Zhou Li. These classic theories really require carnivore to study, learn and learn from.

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