Chapter 1384 I Have Been to the Koala Country

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The night of the Little New Year has passed, and the sun shines on the earth again, and it is crystal clear.

The Clothing Alliance, the Zhengyi Alliance, and the Rongyi Alliance have all put up special clothing.

They rushed to make a lot of clothes and had to sell them before the end of the year, mainly because Li Chengqi wanted to take care of Bi Gou.

Add some taxes to the treasury, and by the way, let the people have a good new year.

The people of the Clothing Alliance can get the year-end bonus, and everyone is happy.

The Li family manor still provides loans, and the people slowly repay them with very low interest.

"Isn't the currency depreciating continuously? The money from the manor has a low interest rate. When it depreciates, the manor will lose money."

Princess Yongmu looked outside through the glass window while having breakfast. She and Li Yi were eating in Wentian Lanxiang Pavilion.

Wentian Lanxiang Pavilion is open today, and there are only two days tomorrow.

The two of them ate on the fourth floor. The newly built attic has a two-way zipline with the building opposite. If you find that the situation is not good, run quickly.

Her people were busy downstairs. There were so many rich people in Jingzhao Prefecture, all of them came to buy things.

"There are many factors that cause currency depreciation, such as lack of goods, demand exceeding supply, and inflation.

In terms of finance, there is a world, there are banks, and there are some similar businesses with gold and silver shops, it's like this..."

Li Yi explained the bank to Princess Yongmu, which has many more functions than the gold and silver shops in the Tang Dynasty.

After introducing the situation of banks and other credit institutions, Li Yi mentioned the details of the operation: "When the interest rates of deposits and loans are high, it means that inflation is serious.

The bank's reserve ratio must be increased, which is called tightening the money supply. The state's reverse repurchase will be stopped, the savings interest rate will be raised, and the liquidity of funds will be reduced.

On the contrary, if deflation occurs, the reserve ratio must be lowered, the loan and savings interest rates must be lowered, and the central bank will increase the number of reverse repurchases.

There are also medium-term and standing lending facilities, and banks and other financial institutions have overnight borrowing..."

Li Yi explained the control in the monetary system, why does depreciation occur?

"If we lend money out, it will depreciate?" Princess Yongmu listened very carefully and understood.

"Currency depreciation is also caused by productivity. The increase in raw materials and the improvement of production technology will reduce commodity prices.

When commodity prices fall, the purchasing power of currency increases. If the increase in purchasing power exceeds the interest rate, the currency will not depreciate, but will appreciate.

Currency appreciation and depreciation depend on the prices of necessities for people's survival, such as food..."

Li Yi explained in a simple way, that is, not that.

The purchasing power of a country's currency is the most important. If it is found that there is a shortage of goods in China, then it will be transferred to foreign countries.

Use technological advantages to form an absolute trade surplus, thereby stabilizing the value of domestic currency.

This is why the currency of the North American country depreciates less than that of other countries. The less technological advantages it lacks, the more it depreciates.

When a country's currency can be adjusted at will with the currency of another country, it means that the overall economic strength of this country is not much worse than that of the other country.

Generally, it can barely be done if the total GDP reaches 60% of the other country.

But if you have a full industrial system, you will not be reluctant when doing it, but you will be able to do it with ease.

The country where Li Yi was at that time did it. For the world's first economic power at that time, the exchange rate increased and depreciated at will.

Depreciation during the trade war is conducive to exports.

When a large-scale disease occurs, it will increase immediately to curb your purchase of things from me. If you want to buy, spend more money.

Princess Yongmu didn't eat, staring at Li Yi with wide eyes.

"This is just a small part of governing a country, it's very small. The affairs of a country are difficult! In the best way, it is called governing a big country like cooking a small fresh.

But you also know how many kinds of dishes there are. If any aspect is not taken care of, the taste will be different.

If the dish is cooked poorly, it can be thrown away. If the country develops incorrectly, many people will die."

Li Yi concluded and sighed again. He knew too little, and he had to find information from the system when he had nothing to do.

"Hehehe!" Princess Yongmu laughed foolishly. She was willing to see the way Li Yi pointed out the country.

Princess Yongmu came back to her senses after Li Yi ate a doughnut: "Does it mean that the money we lend out will make money in the future?"

"Yes, but the money earned from lending should be subsidized, not to ordinary people, but to the industry, the Clothing Alliance..."

Li Yi drank some milk and talked about technology investment.

Cooperate with the Clothing Alliance and the Workers Alliance, and then provide additional funds for technology research.

It is mainly distributed in the form of rewards. Whoever figures out better management methods and technologies will be given money.

Whoever comes up with an idea and thinks it is feasible will be given money for research.

Don't be afraid of failure. Success once will promote the development of Datang. Li Yi not only makes money, but also earns life.

'Damn, damn' "Li Lang, Xiao Niang, here comes a foreign merchant, saying that he has good things to sell to us and asks if we want them."

Xiao Lan ran up from downstairs. There were still cake crumbs at the corners of her mouth. Obviously, she had finished breakfast and secretly ate the cake used to entertain guests.

"Have you brought the things up?" Li Yi said.

"He's outside the door, outside the door on the first floor, a man, he said he would take it only after seeing the owner. UU Reading www.uukanshu.net "

Xiaolan stuck out her tongue and licked the corner of her mouth, licking off the cake crumbs.

"Tell him not to." Princess Yongmu scooped a spoonful of egg custard and put it in front of Xiaolan's mouth.

Xiaolan opened her mouth and ate it, then turned around and ran down again.

Princess Yongmu waited for a few breaths and asked Li Yi, who was eating there with his head down: "Li Lang, don't you want to know what it is?"

"No, I want to have everything I want. If I go down, I might be in danger and it will affect my mood. It's just after the Little New Year, and I don't want to kill anyone."

Li Yi didn't want to take risks. You said you have good things, so I went to see you?

After the New Year, I went out to sea. I have a yacht. I can go around a lot. What can't I find? Do I still need you Yi merchants?

Wait until I get all the seeds together, and you can only find cheap food or something. I don't want jewelry.

Not long after, Xiaolan ran up again, holding a tray in her hand. There was satin on the tray, and a porcelain plate on the satin. There was a black dried abalone in the plate.

"He said he had a few of them, black, black when they were alive, and said this was given to us by God."

Xiaolan had never seen dried abalone of this color, and she was quite curious.

"Where are kangaroos and koalas? Has he been there? Writing and ink."

Li Yi curled his lips, and he tricked me, and it was given by God? What is not a gift from heaven?

It's just abalone from Australia, do you think I don't know? Then it's valuable if it's decorated with satin and porcelain from the Tang Dynasty?

Why don't you use a box made of dark wood with gold edges? It's better to decorate it with a few pieces of Lantian jade.

Xiaolan happily took out the four treasures of the study and watched Li Yi paint.

Li Yi used a brush to paint koalas. The color of koalas is mainly gray and white. It's easy to paint. Just add ink.

When he finished, Xiaolan and Princess Yongmu's eyes lit up.

"Li Lang, why is it so fun?" The two said together.