Chapter 1340: The New Monetary System of the Iraqi-Syrian Federation

After staying in the wasteland for a few days, Cai Ruichen returned to the present world. It's not that he didn't want to stay in the wasteland, but that there was work to be done in the present world.

As the supreme leader of the Iraqi-Syrian Federation, he has been out of the public eye for several days, and it is time to appear.

Of course, Cai Ruichen doesn't need the media to publicize his achievements, and he doesn't need someone to deliberately publicize how busy he is, as long as it's normal

When he returned to the present world, he checked out some plans that needed to be implemented in the first place, and then ended his extremely relaxed work.

The current Cai Ruichen doesn't look like a leader at all, and he can almost be said to be doing nothing all day long.

A lot of heavy work was handed over to the people below to complete, and the documents that could be left for him to read were just one or two occasionally.

But this is also normal. Cai Ruichen is the commander of the Red Police Base, not a politician, nor a pure head of state. If he is required to come for everything, even if he has ten heads and ten bodies, it is not enough at all.

Of course, it doesn't mean that Cai Ruichen really let go of all the work, and he needs to look over many things before he can carry them out.

Otherwise he wouldn't know anything.

Just like now, after the war, the Iraqi-Syrian Federation is undergoing a new currency reform, and the currency reform is the economic highlight.

Previously, the Iraqi-Syrian Federation only temporarily used Iraqi dinars as currency circulation, but in Syria, the original Iraqi dinars can also be used.

In addition, the infrastructure construction in Syria is still going on, and the Red Police Corps is preparing for war again. Cai Ruichen has always put this matter on hold.

Moreover, the new Iraqi dinar was temporarily used as the federal dinar, and it was also temporarily launched. The currency system between Iraq and Syria has many problems.

One of the problems is the currency purchase and exchange system. If it is not for the strict management of the future technology bank, the loopholes in it will inevitably bring about extremely serious consequences once they are exploited.

This is also because the new Iraqi dinar has never been used as a currency open to the outside world, and the currency in circulation in the Iraqi-Syrian Federation is all US dollars.

Because in the Iraqi-Syrian Federation, the U.S. dollar is actually the hard currency, and those who have obtained the Iraqi dinar cannot exchange this currency into U.S. dollars, or directly circulate it in the market.

So,

There is also an inevitable currency reform in the Iraqi-Syrian Federation. A brand new currency will be formulated to replace other currencies currently circulating in the Iraqi-Syrian Federation, while protecting the assets of citizens and enterprises without any loss.

This may seem simple, but it is actually a very complicated matter, because it also involves foreign exchange, and the purchasing power of currency also needs to take into account the economic benefits of national production capacity.

Viewing currency is the easiest, but formulating monetary policy is the most difficult.

In the days after the war, the Iraqi-Syrian Federation also immediately began discussions on the policy of the new currency.

Currency itself has no value. It is the country that uses its own credit and the constitution to give value to the currency, and therefore the currency has purchasing power.

When a country's currency has good credit, not only domestic people can safely hold their own currency, but also foreign countries can safely hold the country's foreign exchange reserves.

In the international market, if you want to buy oil, those oil-importing countries must hold foreign exchange in dollars, and if you want to get dollars, you need to export things in exchange for dollars.

This is how the status of the U.S. dollar came about.

Cai Ruichen has no ambition to challenge the U.S. dollar hegemony, not because he doesn't want to, but because he knows that his current strength is not enough to challenge the U.S. bottom line.

Of course, formulating a reasonable monetary policy can bring stable wealth to the country and maintain domestic economic stability.

What's more, it is still a federal country. If there is no reassuring currency that can circulate in each member country, then the existence of the federation is basically meaningless.

If you want to centralize power, you must control the economy and the military, both of which are indispensable.

This is also Cai Ruichen's minimum requirement. The military is relatively simple. With the Red Police Corps in hand, he is not worried at all.

The economy is the core of all interests, and it is also the most difficult to control.

In the process of formulating a new currency, the Future Technology Bank will act as the central bank of the Iraqi-Syrian Federation, manage the adjustment of currency interest rates and print and issue currency.

Similarly, the Iraqi-Syrian Federation will not prohibit the emergence of private capital banks. Of course, there are also regional banks and banks established by each member state.

According to the results of the discussion, the final result of this system is that all local banks and banks of member states must transfer all money to the central bank's account every day.

In other words, other banks actually have no money. Of course, the central bank will give these local banks a fixed and reasonable interest rate, which is lower than the loan interest rate, but higher than the ordinary deposit interest rate.

The interest given by the central bank is the so-called benchmark interest rate, and the central bank only needs to control the benchmark interest rate to control the currency and the economic market.

This is a bit similar to the United States, and it is the same as most countries in the world.

And in order to prevent someone from making false accounts and trying to arbitrate interest one by one in and one out, Future Technology Bank will also conduct the most stringent network monitoring in history.

Because the operation between the entire bank will also be carried out by the network, and it will be connected to all regions in the entire federal territory.

This network also includes all regional ATMs. This is completely monopolized by the Future Technology Bank. All bank cards of the Iraq-Syria Federal Regional Bank can be withdrawn at the ATMs of the Future Technology Bank, and only the minimum handling fee will be charged. .

Controlling the actual currency and controlling the benchmark interest rate are also Cai Ruichen's requirements for the new monetary policy.

In terms of loans, it has become another profitable project for the bank. In return for recovering all ATM business, the future technology bank will not issue loans to ordinary enterprises and individuals, but to the federal government or the governments of various member states. .

When discussing the new monetary policy, a large number of ATMs are being installed in every community and town in the Iraqi-Syrian Federation.

Almost every average population of 3,000 people has an ATM.

Moreover, this kind of cash machine also uses the most advanced means, not only capable of face recognition, cash deposit and withdrawal without card, but also equipped with the most advanced intelligent service system, which can automatically identify various fraudulent accounts that are already suspicious.

While new cash machines are being installed in various places, new currencies are also being printed intensely.

In order to conform to the habits of the people in the Middle East, the new currency printed is also called Dinar. On the currency, the portraits of the characters have been canceled and all of them have been replaced with scenic spots and historical sites.

There are brand new dinars in complete sets ranging from one cent to one hundred, and there are also a large number of coins in sets ranging from one cent to ten yuan.

While preparing for the formulation of the new monetary policy, publicity in this regard is also being carried out in the Iraqi-Syrian Federation, and the statistics department has also begun to calculate the actual price of the existing currency.

The statistics of the Iraqi New Dinar are the simplest, and at the same time, the current prices of various commodities have also begun to be formulated.

A new currency will be released soon, all Iraqi New Dinars and Syrian Dinars can be converted to the new currency, and there is no upper limit for conversion.

Ten new Iraqi dinars can be exchanged for one dollar of the new currency, while one hundred thousand Syrian dinars can be exchanged for one dollar.

It's not partiality, but the Syrian dinar, which is so devalued that you have to pay with half a basket of banknotes to drink a bowl of soy milk.

The value of the exchange is naturally very low, and the exchange time lasts for one person. After one month, all the old currencies will be unusable.

At the same time, the Future Technology Group also stipulates that the exchange rate between the Iraqi-Syrian Federal dinar and the United States is currently one to one, but it is not tied to the US dollar. The value of the currency will fluctuate with the market.

Regarding the brand-new currency issued by the Iraqi-Syrian Federation, all the capitalists in the world have opened their eyes brightly to see if there is any advantage that can be taken.

What disappointed them was that there was no advantage to take advantage of, and the currency exchanged was only for the country. Anyway, no country has a penny of foreign exchange for the Iraqi-Syrian Federation dinar.

However, some people feel uncomfortable with the new actions of the Iraqi-Syrian Federation, and this is naturally the United States.

Although it is normal for the Iraqi-Syrian Federation to formulate a reasonable currency, it is extremely normal, but seeing the new monetary policy announced by the Iraqi-Syrian Federation, I am a little worried.

Because this system has many similarities with the existing system in the United States. Although there are some differences, overall, it is almost the same.

This makes the United States naturally vigilant. In addition, the Middle East where the Iraqi-Syrian Federation is now entrenched is directly related to the oil interests of the United States in the Middle East.

Once the Iraqi-Syrian Federation announces that oil exports will not be settled in US dollars, the United States will jump its feet.

Of course, this is what the United States is most worried about at present. After all, the current Future Technology Group is holding the lives of 8 million people in Washington. If this is used as a threat, it is really quite passive for the United States.

When the new dinar of the Iraqi-Syrian Federation began to be issued, the US government also took action.

Air Force One of US Presidents Obama and Obama landed in Saudi Arabia. Obama and Obama will pay a three-day friendly visit to Saudi Arabia.

This is the first visit to Saudi Arabia by Obama and Obama since the new Saudi king took office. It is also the friendly visit of the US president to Saudi Arabia after the relationship between the US and Saudi Arabia has deteriorated over the past two years.

As for the results of the visit, the outside world is not very clear, but the purpose of Obama and Obama is Sima Zhao's heart.

As the third largest oil-producing country in the world, Saudi Arabia also has the most abundant oil reserves. Its annual oil exports account for more than 20% of the world's total. The Persian Gulf is all respected by Saudi Arabia's strength.

Nearly 40% of the world's oil comes from the Persian Gulf, and once Saudi Arabia shakes its head, that's not enough, just a small part of it.

The United States cannot give up Saudi Arabia, its oil ally, and it cannot give up its oil control over Middle East oil.

Israel's current results are irreversible, and the United States can only put all its thoughts on Saudi Arabia.

With a humble gesture, Obama and Obama also brought America's apology. At this time, the United States cannot continue to maintain that superior attitude.

The United States has disappointed Saudi Arabia by not attacking Syria. On the issue of Yemen and Saudi Arabia, it once again disappointed Saudi Arabia, and the issue of Israel really disappointed Saudi Arabia.

The prestige of the United States among the Saudi people has also dropped to the lowest point in history.

When the new king of Saudi Arabia was a leader, he often scolded the Americans for being cowardly, and almost pointed at the nose of the United States together with the leaders of other kingdoms in the Middle East.

It can almost be said that the current Saudi Arabia has the worst relationship with the United States in history.

Obama and Obama made a lot of determination during this trip, and they really hope to improve the relationship between the United States and Saudi Arabia through their own efforts. Get worse.

It was just beyond Obama's expectations that the result of this trip did not disappoint him. Although the Saudi side's attitude was not very good, it did not intend to break relations with the United States.

Of course, this is also when the United States has paid a lot of price. What finally reassures Obama and Obama is that Saudi Arabia will still choose to stand on the side of the United States.

This made the hearts of Obama and Obama completely put in their stomachs.

What makes Obama and Obama helpless is that the Saudi side requires the United States not to relax sanctions on Iran, nor to let Iran's nuclear negotiations really come to fruition.

From the perspective of Obama and Obama, Saudi Arabia is still going to fight Iran, which makes the United States also have mixed feelings.

The good news is that Saudi Arabia is still the same and has not changed.

The worry is that things in Iran are a little troublesome.

Because the United States is now focusing on the Middle East issue and the Iraqi-Syrian Federation and Baghdadi.

The United States is stepping up the redeployment of military forces in the Middle East and strengthening its military force structure in Saudi Arabia.

The purpose of doing this is to kill Baghdadi, the murderer who caused this disaster for the United States.

This is also the best excuse for the United States to re-increase its troops in the Middle East, but the United States has not sent troops on a large scale, but only strengthened its military intelligence capabilities.

At present, the United States still takes the strategic eastward shift as its main strategy, and there is no intention to change this point.

However, it is also possible that the U.S. may have secretly crossed the Chen Cang on the Mingxiu plank road, and with the help of Baghdadi, re-deployed military forces in the Middle East and began to target the Iraqi-Syrian Federation.

In this regard, Cai Ruichen is also on guard, and Obama and Obama's trip to the Middle East is not over yet. After leaving Saudi Arabia, they have visited almost all the kingdoms in the Middle East.

The wishful thinking of the United States is played clearly and resoundingly. (To be continued.) To find this site, please search for "" or enter the URL: