Chapter 355 Establishment of a No-Fly Zone
What is currency, a banknote made of a piece of paper, is not wealth at all.
Now it is not like the gold standard in the past. Before the 1970s, one dollar could theoretically be exchanged for almost one gram of gold in the United States at any time.
But then the United States has canceled the peg between the US dollar and gold, and the value of the US dollar is actually an invoice issued by the government's reputation.
To give a simple example, a country is like a collective, where everyone lives and eats together.
Then these people's daily labor and various products obtained are all concentrated in the same warehouse of this collective on that day.
The person who manages the warehouse will issue an invoice of equal value based on the value of each product deposited.
This invoice is actually the banknotes of various countries. Therefore, paper currency itself is not wealth, but represents something that can be exchanged for an equivalent amount of value for the fruits of labor.
The purchasing power of banknotes is determined by the economic situation of the country.
Therefore, the guarantee of a national currency is actually in the hands of the national government.
These so-called invoices are issued by national financial institutions. Once these invoices flow out of the country, if the country wants to recover these funds, it must find a way to produce products of equivalent value.
But this is not the case with the U.S. dollar, because the U.S. dollar is equivalent to U.S. national debt, and holding U.S. dollars is equivalent to holding U.S. dollar national debt.
This is completely different from the financial systems of many emerging countries. The more US dollars you hold, the more US dollar treasury bonds you hold.
This has also led to the United States having its own method to recover the funds that have flowed out of the country.
That is to raise interest rates. In developing countries, if they want to increase the benchmark interest rate among banks, they must release more national debt, that is, currency.
But the U.S. dollar is not, but has used the currency recycling system, so that those who hold U.S. dollars around the world have to give up these U.S. dollars, so that they automatically flow into the United States.
This is the economic edge of the United States. A sharp knife that plucks wool from all third world countries around the world.
certainly. Once it really causes large-scale turmoil in the global economy, if this behavior of the United States fails to raise the benchmark interest rate of the US dollar to the planned standard, the catastrophic consequences will be devastating to the global economy.
By the time.
All countries in the world will be involved, who made the United States suffer from the economic crisis in 2008. Five trillion U.S. dollars was printed and put on the market at once, and the interest rate was reduced to the lowest level of zero interest.
And the United States does not allow the dollar to depreciate, and still maintains the extremely high purchasing power and world influence of the dollar.
Now. It is not that simple for the United States to recover the 2.6 trillion US dollars that flowed out.
But once the recovery is successful. The third world countries and developing countries that collectively hold more than seven trillion U.S. dollars in the United States will have a huge impact.
At present, the currencies of many countries have devalued by more than 30%.
continue. There will be more countries that cannot support the value of their national currencies.
Under such circumstances, the international financial sector. Can it not be turbulent?
After all, the dollars recovered by the United States are not for reuse, but are all burned directly. to stimulate economic growth in the United States.
The sharp drop in the stock market is only an inevitable result. As a future technology group, it is natural to pay attention to the international economy. After all, it is the initial stage of the development of the future technology group. If it is affected by this huge financial disaster, it will be very bad .
Hearing what Lin Zhong said first, Cai Ruichen asked: "Then what are you going to do, mobilize funds to make a fortune in the stock market?"
Lin Zhong heard the words first, and he was a little messy, and said: "It might be okay before the United States started to take action, but it's too late now. But it doesn't affect us very much. After all, the global market is still huge, even if it is melted down. Part of it is also a huge cake."
"That is to say, in your opinion, the world economy in the next stage will still have an impact on the development of the group?" Although Cai Ruichen didn't understand economics very well, he could understand and asked immediately.
"It's a pity to tell the boss that this is an inevitable result, but the impact is only a part, and it will not hinder our pace of seizing the global market." Lin Zhongxian said confidently.
"That's enough, you come to the development, I don't understand." Cai Ruichen said very simply, if he doesn't understand, he just doesn't understand.
"Boss is humble." Lin Zhong said something first, and then asked immediately: "Boss is out of customs, has the research project made any progress?"
Naturally, Lin Zhongxian didn't know where Cai Ruichen had gone, and the news he knew was the same as what the outside world knew.
Therefore, he really thought that Cai Ruichen was indeed going to overcome the technical difficulties. Now that he saw Cai Ruichen, he naturally thought that the difficulties had been overcome.
"That's right, we can start building a new power plant soon." Cai Ruichen nodded.
Originally, Cai Ruichen was planning to find an excuse. The energy field is not so easy to conquer. Originally, he also planned to announce to the outside world, but he only conquered one of the difficulties.
But I didn't expect that the technology power station was extracted in this way, and now it has become to overcome all the problems.
In fact, the construction work can be carried out at any time when the technology power station is extracted.
But because the operation mode of the technological power station is quite special, he still has one more thing to do before building the technological power station, and that is to choose the first place and set up a no-fly zone.
Because the technology power station, whether it is a kite or a high-altitude solar drone, needs to run around the technology power station, rain or shine, and there is a line connecting the two devices.
Therefore, in this area, aerial vehicles are not allowed to enter, otherwise it will cause a huge air disaster.
Of course, Cai Ruichen is not worried about his own technological power station, but just hopes that other countries' aircraft will not be involved in any accidents in Marin Town.
If the countries do not listen to the advice, if an aviation accident really happens, there is no way but to ensure as much as possible that the downed plane does not land in Marin Town and those factories.
Now, engineers have also begun to choose the address for the construction of the power station. Considering the flight trajectories of kites and drones in the sky, it will not affect the normal operation of the airport, nor will it affect the safety of Marin Town.
Choosing the address of a technological power station will be more strict than other construction units, and the issues that need to be considered are more comprehensive.
Cai Ruichen usually just finds a random place to build, but this is not enough. (To be continued.) Enable new URL