Chapter 2602 Currency Clearing

"Okay, now everyone knows that you are the one who intervened." Niu Ruzheng was holding the newspaper, reading it with a smile, "Many people are saying that the richest man really has too much control, but this is good of!"

"Actually, I let them spread the word about the suppression." Xiao Qi laughed.

"Oh, is it to make others stop thinking about it?" Niu Ruzheng asked.

"Yes." Xiao Qi nodded, "Maybe there are still many people who don't believe it, but if I hit it a few more times, they will obediently do business normally."

"It's true, hype like this is different from ordinary hype, and it should be cracked down!" Niu Ruzheng laughed.

At this time Xiao Qi was at Niu Ruzheng's home.

It wasn't because of such things as cracking down on garlic hype, but because Niu Ru had more important things to discuss with him, and then he mentioned this matter by the way.

During this period of time, garlic has become a very interesting topic in people's conversations, especially the story of Xiao Qi making a move and spending money at a loss, forcing hundreds of hoarding speculators to go bankrupt, which is even more talked about.

Xiao Qi certainly lost a lot of money, but those merchants who wanted to make black-hearted money, some made very little money, and some made direct losses. Those who stocked up on the market in August this year basically lost more than 50%.

Ordinary people don't have a good opinion of this group of guys, so they applauded endlessly for this.

As for those guys who are hoarding in other aspects of daily life, they are even more frightened because of this, for fear that Xiao Qi will punish them next.

Even with the rising price of Chinese herbal medicines during this period, it has also dropped a little. It must be said that Xiao Qi's shot is really effective.

This matter is only rumored among the people. In official news reports, Fairy Company will not appear. After all, it is difficult for the government to say anything about it.

Because all kinds of hype is actually a way of doing business, which violates morality. But it does not violate the principles of doing business.

This is also the reason why the government didn't take action when something like this happened in the previous life.

Now there is Xiao Qi to make a move. The government is also very happy, but it is not suitable to bring it to the table.

So Niu Ruzheng could only praise Xiao Qi in private.

After the gossip is over, it's time to get down to business.

"Recently, there is a saying in the court that the euro is already weakening, and the dollar is also weakening, so do we hope to promote the RMB as a settlement currency to the world?" Niu Ruzheng said to Xiao Qi. "You are a genius in finance, what do you think about that?"

Xiao Qi nodded.

What Niu Ruzheng said was a common thought in Huaguo after the financial crisis in the previous life.

Simply put, it means the internationalization of the renminbi. To put it more deeply, the renminbi wants to become the settlement currency for transactions between countries, just like the United States.

So far, in human history, apart from hard currencies other than gold and silver, there are only two currencies that are used around the world.

The first is the pound sterling. From the 16th to the 19th century, it was the most creditable and smoothest currency in the world, and basically all countries recognized the British currency. It can replace gold and silver as national trading.

The second is the dollar.

The use of the US dollar is larger than that of the British pound, and it is a universal currency recognized all over the world. Completely replaced the value of gold and silver.

In a word, the U.S. dollar is the gold and silver of world currencies.

That would be great.

It means that once the US dollar is printed by the Federal Reserve, it can be used as gold and silver, and it can be used all over the world without hindrance.

This is also the most important reason why the American people are not afraid to spend money and owe money!

Anyway, if it is not enough, just print money. Anyway, most of the gold is stored in the New York vault.

As for why other countries are so stupid to agree that the U.S. dollar, which is not linked to gold, becomes the settlement currency, that is not what we are discussing. This started many decades ago.

Now in the 21st century, more and more people are dissatisfied with the behavior of the United States that has made money like this. They all want to reach out and make a fortune in international trade.

So the euro was issued in this situation.

Most of those who do business with Europeans start to use the euro slowly, and the euro has almost replaced the dollar as the settlement currency between EU countries.

Not to mention within Europe, even neighboring Africa and some countries in Asia have gradually accepted the euro settlement method.

When the United States saw it, it didn’t work. How could I let you guys screw up my unique profitable business in the United States?

So after several years of planning, the European debt crisis just broke out.

Although reminded by Hua Guo, Europe has made a lot of preparations, but the Americans are too dark-hearted, and they come one after another. After Greece fell, Portugal fell, and the rest of Italy, Spain and other countries , and is now in a precarious state.

With such a big crisis in Europe, the euro has also been greatly fluctuated.

If this continues, naturally no one except the European people will dare to use the euro, and the goal of the United States will be achieved.

Now that Huaguo suddenly wants to step in and become a liquidation currency, I am afraid that it will face the suppression of the United States.

It was like this in the previous life.

It is precisely because Huaguo had such an idea that the United States began to restrict Huaguo in many aspects, causing Huaguo's economy to not do well in the next few years.

But Huaguo was not afraid of the United States, but instead gritted its teeth and persisted, and joined forces with Russia, South Africa, India, and Brazil to carry out the first step of clearing currency interoperability, and then began to implement RMB clearing business in Southeast Asia.

Although before Xiao Qi's reincarnation, the achievements of these items were not great, but it also showed Hua Guo's determination in this regard.

Of course Xiao Qi would not persuade Niu Ruzheng to retreat when he knew the difficulties. In fact, this kind of thing is inevitable as Hua Guo grows stronger.

Hua Guo and the United States want to compete for world resources, and they will always compete in the financial field.

After pondering for a long time, Xiao Qi asked: "What plans does the government have now?"

"The first one is the currency swap of the BRICS countries. A bank can be set up to manage the clearing issue." Niu Ruzheng said, "The second one is the RMB clearing service that focuses on the trade of Southeast Asian countries."

"The currency settlement of the BRIC countries should not be very effective, because they are not the world's major currencies." Xiao Qi shook his head, "What's more, the economies of these countries are not closely related to Huaguo. Therefore, here If more effort is spent on the above, it is just a waste of resources.”

"India doesn't count?" Niu Ruzheng said.

Xiaoyao Mall in India has passed the audits of the governments of the two countries and will start operating soon.

Many of these small daily-use commodities are not available in India, so they all need to be imported from China. In Niu Ruzheng's view, this is an opportunity to intervene in Indian currency settlement.

Xiao Qi nodded and said, "Of course India is counted, but it should be counted in the RMB settlement of the second Southeast Asia, and it cannot be counted as the BRICS countries. Now the United States' basic base is Western Europe and East Asia, and Southeast Asia's economy is underdeveloped. Neglected places. And we have very frequent business dealings with Southeast Asia, which is also a place we can take advantage of.”

"Do you think the RMB currency settlement in Southeast Asia is better than the first one?" Niu Ruzheng asked.

"Of course!" Xiao Qi said, "First, Southeast Asia is the closest to us and far away from the United States, so it has a great advantage in control; second, Southeast Asia has the closest economic relationship with us, and our small commodities and machinery products Wait, many of these countries are sold to these countries, and many of their agricultural products, raw materials, etc. are also sold to China; the third and most important, there are countless Chinese in Southeast Asia, with a rich Confucian culture. It is the advantage of the same origin. In addition, Chinese people occupy the main economic position in the country where they live, so we can use this to promote RMB settlement.”

"Well, we've also considered these, but those people are... a little alienated from us now, right?" Niu Ruzheng said flatly.

"No matter how big the estrangement is, it can't obliterate our relationship of the same origin." Xiao Qi said, "Besides, it's an economic society now. As long as they can make money, why don't they want to do business with us? Much better than doing business with Americans, right?"

"make money?"

"Yeah, make money! Isn't it good for us to give them more benefits in the RMB clearing business and let them use RMB for clearing spontaneously?" Xiao Qi said, "On the bright side, we will earn a lot less. You may lose money at the beginning, but as long as you can promote RMB settlement in Southeast Asia, it will be a victory!"

"It's not bad for you to say that." Niu Ruzheng nodded.

There were many people discussing the previous two viewpoints, and he himself didn't think too much about it. After hearing Xiao Qi's words, he also tended to focus on the second method.

"There are still some things we can do." Xiao Qi said, "For example, when Europe is very difficult, we can exchange currency with the European Union! This will not only allow them to maintain their currency exchange with us, but also Give them some impression points. Anyway, with the three countries of Britain, France and Germany, the euro will not fluctuate too much."

"Huh?" Niu Ruzheng's eyes lit up, "This is a good way!"

"It doesn't need to be too much, just tens of billions of euros." Xiao Qi said in a harmonious voice, "But this time, you can't be stupid and don't want anything. For example, just ask for some cooperation projects! Let them know, we will give It is not easy for them to exchange money!"

"What are you talking about?" Niu Ruzheng nodded at Xiao Qi, "You brat, don't be so mean, okay?"

That's what he said, but Niu Ruzheng also laughed.

This kid Xiao Qi is indeed the brain of the country, he really knows a lot!

(Brothers please subscribe more!) (to be continued ~^~)