Chapter 2378 a Book

ten years.

The monetary system of the Eurozone countries has not been left at all. In fact, countries are just sequestering and now just need to pull the equipment out.

overhaul.

Stock up.

Power on.

Printing money.

exchange currency.

As for the exchange rate?

Naturally, it is formulated in a direction that is beneficial to oneself.

certainly.

Arbitrary formulation is impossible, and comprehensive consideration should be given to commodity prices, welfare benefits, wage levels, and future foreign trade situations in various countries.

In short.

After some complicated calculations, a benchmark exchange rate can be obtained. What they have to do is to add about ten points on this basis.

Commonly known as: seigniorage.

Um!

this right.

They have lost more than a decade, and after the euro circulates, the countries of the euro zone can no longer print money. If you want money, you can only earn it or borrow it.

Now.

Re-mastering the currency.

That feeling.

pretty good!

only.

It is impossible to return to the era of borrowing money casually, and printing money has to bear the risk of currency fluctuations. On the whole, the euro model is better.

pity.

There is no going back, they ended it with their own hands.

. . .

Only a week.

May 18th.

France.

Francs re-entered the market, but due to early withdrawal from the group and adequate preparation, and the huge amount of francs recovered at the beginning, they were not completely destroyed.

Rather, it is stored in large quantities.

therefore.

After determining the exchange rate, the major French banks began to exchange currency. At the beginning, only French people could exchange euros at banks.

after all.

At present, there are not many banknotes, and they are still being printed.

"Familiar taste."

"came back."

"It still feels reliable in francs."

"Child, this thing will be money in the future, the one before, can't be spent."

"..."

Looking at the familiar banknotes in their hands, people felt relieved for a while. It has only been ten years since the franc left, and everyone has not forgotten it. Many people have collections in their homes.

At first.

There is a policy when exchanging euros, that is, within ten years, franc banknotes can be exchanged for euros at the French central bank, and the deadline has just passed.

less than three months.

In short.

franc.

There are always traces in their lives. Abandoning the euro now does not feel uncomfortable at all, on the contrary, it also feels very cordial.

Currency exchange.

relatively troublesome.

Funding in a bank account is much simpler. It is nothing more than converting deposits from euros to francs according to the exchange rate. Computer operation, one key to complete.

three days.

In just three days, the electronic currency exchange was all done.

. . .

Not to be outdone, other euro zone countries, after determining the exchange rate, directly restarted the original currency, started the money printing machine, and printed frantically.

Old coins that have not been destroyed are put back into the market.

everything.

proceeded in an orderly manner.

The recovered euros were transported back to the ECB. Watching the truckloads of euros being transported back, the people at the ECB all had a wry smile on their faces.

in the past.

It's all money, a stack can buy a car.

Now.

turned into paper.

Although it will not be destroyed, but sealed, but they want to see the sun again, they are very clear, it is difficult. Broken mirrors are not easy to restore.

. . .

The exchange of folks has a single character. The exchange of foreign exchange reserves in different countries is not the same, because the source of funds is complex and cannot be understood at all.

therefore.

Comprehensive exchange.

Proportionally.

One hundred euros, of which more than 18 yuan can be converted into German marks, and more than 15 yuan can be converted into francs. Except for the Greeks, none of them can run.

There are ten currencies in total.

truth.

trouble.

But there is no way. If you convert it into a single currency at will, it will involve the issue of interests. We share the burden, and no one can say anything.

A complex currency area.

Obviously.

Without the competitiveness of a single currency area, it is too troublesome to exchange, resulting in a sharp decline in the competitiveness of the currency of the entire euro area.

Dollar.

Asian dollars.

GBP.

Soak up the nutrients of the wreckage of the euro zone and get hot again.

. . .

China.

Beijing.

Looking at the situation of the euro, which has collapsed since the beginning of the year, Chai Ren has eaten melons again and again, which even domestic think tanks could not have imagined.

at last.

The euro will collapse.

real.

What he saw was all confusion. The United States promised to save the field, but it ended up in such a situation, which was really unexpected. He felt so weird.

recently.

A large number of experts and scholars jumped out.

analyze.

argument.

Attempt to wash the floor.

is that useful?

pull.

Purely based on economic principles, forcibly explaining the collapse of the euro can only bluff the layman. This international trend, if those theories are useful.

The world is at peace.

pity.

Even his relationship cannot be learned much, only that there is a tearing force within the euro zone countries, which is natural.

or consortium planning.

I don't know.

perhaps.

The real reason will be buried in history for a long time.

. . .

time.

Come early June.

U.S.

A report issued by an authoritative institution shows that the Asian dollar has completely become the world's second international trade currency, accounting for 19/5.

at this time.

The dollar is 46 percent, an all-time high.

Someone is curious.

The euro is gone, and the Asian dollar's share has not skyrocketed? The reason is very simple, the euro is gone, and the currency of the original euro area countries has come out to replace it.

True.

Confidence is unstable now.

But.

Those countries, still developed countries, have a 'basic confidence score' and a 'basic proportion', and if they do not surpass, they can eat everything.

The situation now.

already the best.

As for the third-placed pound, due to the impact of Brexit, the share of decline has also increased a little, but it is still only a little over 5%.

Only one third of the sub-dollar.

at this time.

Britain is a little depressed. At the beginning, he was overtaken by Ya Yuan, and felt that he could pull it back in the future, but unexpectedly, Ya Yuan ran away.

Now the pound can only stand on its feet to see the figure of the Asian dollar.

depressed!

The gap is too big, even without the euro, the pound can only be the third child. If there is no miracle, it is very likely that the ranking will be solidified, which is very speechless.

It used to be the third child.

Still in the future.

accurate!

. . .

June.

For Huaxia, it is quite special. The annual college entrance examination is about to start again. And Yantang University also joined the ranks this year.

to this.

How many people sigh, unfortunately, they can't get in. But if you think about it carefully, even if Yantang University has three books, if you want to be admitted, you have to have one.

There is no difference at all.

in addition.

It is naturally good news for the first batch of graduates from Yantang, because the diplomas they get are from one institution and have different meanings.

at this time.

Yantang senior year, the graduation thesis has been defended.

Have a holiday?

Do not.

travel.

As long as they are willing, Yantang University will pay to organize their travel. Even if they sign up for work, they will almost always report in July.

therefore.

They have a month to roam everywhere.