Chapter 614： Excess capital
It is easy to solve the stock scam, and Xu Fu will be done as soon as he is caught.
However, how to solve the capital surplus can be difficult.
Silver is banknotes. Banknotes are not as much as possible. It is better to be slightly more than the total value of the goods in the society, not too much.
In the current Dahua, the situation of silver passing has vaguely appeared.
In the past hundreds of years, the continuous influx of overseas silver resulted in most of it being hidden in the cellar by the landlords and gentry.
If it is not in circulation on the market, the problem is not big, and there will even be a shortage of money in the world.
However, Wu Changqing relied on the standard currency and the current land reforms to force those people to dig out the money and flood the market all at once.
Then, Dahua had a capital surplus. The excess of capital means that, just like inflation, there is too much money in the world.
However, there is still a difference between the two. In the case of inflation, everyone has too much money, which causes the price of goods to rise.
However, the excess of capital means that only a certain group of people have a large amount of money that cannot be spent, and the prices of commodities on the market have not risen too much.
The money is concentrated in the hands of a few people, so it is completely impossible to rely on consumption to digest it. It can only rely on investment or bury it in the cellar.
Buried in the cellar will only slowly depreciate, and most of the merchants who invested in it made money. In this contrast, those who are rich will naturally choose easily.
But the problem is that the current training speed of Dahua talents cannot keep up with the speed of social development.
Those people have no money, but when investing in various industries, they can't find the corresponding talents.
And some infrastructure projects that are in urgent need of money but have not good prospects for development are unwilling to invest in those who have the money.
For example, the construction of official roads, how to get rewards for investment in this stuff, you can't set up toll stations on the road.
Not being able to spend the money is a big problem.
The most direct impact is naturally the dissatisfaction with Dahua in the hearts of these people.
Dahua robbed them of their land and deprived them of their livelihoods, but did not arrange a new way for them to make a fortune. They will definitely be anxious and angry.
There is only one way to completely solve this problem, and that is to wait for more talents to be cultivated through time.
And while waiting, I still have to think of a way to solve the urgent needs of those people.
The establishment of a stock market is one way to solve this problem, and it will be used by all countries in later generations.
With the stock market, these people can throw their spare money into the stock market and create the illusion that they are rich.
This money is money only when it is in the stock market.
For example, the entire stock market has a total value of 10 billion, but this 10 billion is a kind of illusory wealth. Once all stockholders suddenly collectively want to cash out, turn this 10 billion into cash to buy things.
They will find that, hey, pork per jin has turned into two jin per jin, and then count it with their fingers, as if the little money they cashed out did not help at all in improving their lives.
I thought I was richer, but in fact nothing changed.
The true wealth depends on the quantity of goods, there are so many goods, and printing more money is meaningless.
The beauty of the stock market is that, under normal circumstances, all investors will not cash out their money at the same time.
The money staying in the stock market will not cause too much fluctuation in social prices, and it will give investors the illusion that they are rich.
Moreover, it is not particularly fake. As long as everyone does not realize it at the same time, individuals can indeed turn the wealth in the stock market into real money for consumption and improve the quality of life.
As long as everyone does not sell it collectively, the money in it will remain money.
Fear that everyone suddenly sells, and then this imaginary bubble will be punctured, and then a financial crisis will be caused, and how much money has evaporated at every turn.
This evaporating money is actually a number, and there are not so many commodities corresponding to it in society.
Speaking of it, there are many similarities with the previous landlords who hid the money in the cellar.
As long as not all landlords dig out money to spend at the same time, then the money they save is real wealth.
But as long as everyone digs out the silver to consume, they will find that most of the value of the silver will be evaporated.
This illusory wealth in the cellar, or the money in the stock market, can solve the anxiety of those landlords.
Just make them feel that they are rich. Anyway, these people's money was buried in the cellar before and would not be spent at all.
They don't need so much money in their lives. All they need is the feeling that they are rich and the feeling of watching their wealth grow.
The same is true in the stock market. As long as they don't cash in all their money and make it a number in the stock market, it will not cause too much impact on society.
And they themselves can be silent in the illusion of ever-increasing wealth.
The stock market is a solution to excess capital, but whether it should be used or not, Wu Changqing still needs to consider.
After all, the stock market has functions and risks.
Once there is a stock market crash or a financial crisis, it is also a big problem, which will cause great damage to the economy.
At this time, it depends on the government's ability, or Wu Changqing's ability.
If he can do a good job of macro-control and keep the stock market from crashing, then the stock market can continue to play.
If the macro-control is not well done and the financial crisis is caused, then it will have to find ways to launch wars, plunder wealth, and transfer national hatred.
Stop the financial crisis from happening?
Even if it is in later generations, no one dares to speak such big words.
This is a law that will inevitably arise from the development of the capital market, and it is also cyclical and cannot be prevented.
However, Wu Changqing felt that his situation was special, and he might be able to avoid it for the rest of his life.
Because he has all kinds of high technology brought by the system, which can make the society develop rapidly.
In short, it is that he can make the speed of the production of goods in society keep up with the growth rate of money.
This is something that no country can do in the original time and space, because none of them has a traverser, and none of them has a system plug-in.
Their social development is slow, and an increase in productivity often takes several years, decades, or even hundreds of years.
But Wu Changqing is now able to make the society develop rapidly, and can make the products show explosive growth.
Just like steel production, it doubles every year.
Therefore, he doesn't need to worry that the little wealth in the stock market is not matched by commodities.
Now that there is no such concern, it seems that there is no problem in establishing the stock market.
Wu Changqing thought a lot, and finally decided to start the stock market. The address of the latest chapter of the aircraft carrier I built in Daming: https://www.novelhall.com/book/149212.htmlI built the full text of the aircraft carrier in Daming to read the address: https://www.novelhall.com/read/149212/I built the aircraft carrier txt download address in Daming: https://www.novelhall.com/down/149212.htmlI read it on the mobile phone built by Daming: https://m.novelhall.com/read/149212/In order to facilitate the next reading, you can click \"Favorites\" below to record this (Chapter 614 Capital Excess) reading record, and open it next time You can see it on the bookshelf! If you like "I Build an Aircraft Carrier in Daming", please recommend this book to your friends (QQ, blog, WeChat, etc.) ,Thank you for your support! ! (www.novelhall.com)
However, how to solve the capital surplus can be difficult.
Silver is banknotes. Banknotes are not as much as possible. It is better to be slightly more than the total value of the goods in the society, not too much.
In the current Dahua, the situation of silver passing has vaguely appeared.
In the past hundreds of years, the continuous influx of overseas silver resulted in most of it being hidden in the cellar by the landlords and gentry.
If it is not in circulation on the market, the problem is not big, and there will even be a shortage of money in the world.
However, Wu Changqing relied on the standard currency and the current land reforms to force those people to dig out the money and flood the market all at once.
Then, Dahua had a capital surplus. The excess of capital means that, just like inflation, there is too much money in the world.
However, there is still a difference between the two. In the case of inflation, everyone has too much money, which causes the price of goods to rise.
However, the excess of capital means that only a certain group of people have a large amount of money that cannot be spent, and the prices of commodities on the market have not risen too much.
The money is concentrated in the hands of a few people, so it is completely impossible to rely on consumption to digest it. It can only rely on investment or bury it in the cellar.
Buried in the cellar will only slowly depreciate, and most of the merchants who invested in it made money. In this contrast, those who are rich will naturally choose easily.
But the problem is that the current training speed of Dahua talents cannot keep up with the speed of social development.
Those people have no money, but when investing in various industries, they can't find the corresponding talents.
And some infrastructure projects that are in urgent need of money but have not good prospects for development are unwilling to invest in those who have the money.
For example, the construction of official roads, how to get rewards for investment in this stuff, you can't set up toll stations on the road.
Not being able to spend the money is a big problem.
The most direct impact is naturally the dissatisfaction with Dahua in the hearts of these people.
Dahua robbed them of their land and deprived them of their livelihoods, but did not arrange a new way for them to make a fortune. They will definitely be anxious and angry.
There is only one way to completely solve this problem, and that is to wait for more talents to be cultivated through time.
And while waiting, I still have to think of a way to solve the urgent needs of those people.
The establishment of a stock market is one way to solve this problem, and it will be used by all countries in later generations.
With the stock market, these people can throw their spare money into the stock market and create the illusion that they are rich.
This money is money only when it is in the stock market.
For example, the entire stock market has a total value of 10 billion, but this 10 billion is a kind of illusory wealth. Once all stockholders suddenly collectively want to cash out, turn this 10 billion into cash to buy things.
They will find that, hey, pork per jin has turned into two jin per jin, and then count it with their fingers, as if the little money they cashed out did not help at all in improving their lives.
I thought I was richer, but in fact nothing changed.
The true wealth depends on the quantity of goods, there are so many goods, and printing more money is meaningless.
The beauty of the stock market is that, under normal circumstances, all investors will not cash out their money at the same time.
The money staying in the stock market will not cause too much fluctuation in social prices, and it will give investors the illusion that they are rich.
Moreover, it is not particularly fake. As long as everyone does not realize it at the same time, individuals can indeed turn the wealth in the stock market into real money for consumption and improve the quality of life.
As long as everyone does not sell it collectively, the money in it will remain money.
Fear that everyone suddenly sells, and then this imaginary bubble will be punctured, and then a financial crisis will be caused, and how much money has evaporated at every turn.
This evaporating money is actually a number, and there are not so many commodities corresponding to it in society.
Speaking of it, there are many similarities with the previous landlords who hid the money in the cellar.
As long as not all landlords dig out money to spend at the same time, then the money they save is real wealth.
But as long as everyone digs out the silver to consume, they will find that most of the value of the silver will be evaporated.
This illusory wealth in the cellar, or the money in the stock market, can solve the anxiety of those landlords.
Just make them feel that they are rich. Anyway, these people's money was buried in the cellar before and would not be spent at all.
They don't need so much money in their lives. All they need is the feeling that they are rich and the feeling of watching their wealth grow.
The same is true in the stock market. As long as they don't cash in all their money and make it a number in the stock market, it will not cause too much impact on society.
And they themselves can be silent in the illusion of ever-increasing wealth.
The stock market is a solution to excess capital, but whether it should be used or not, Wu Changqing still needs to consider.
After all, the stock market has functions and risks.
Once there is a stock market crash or a financial crisis, it is also a big problem, which will cause great damage to the economy.
At this time, it depends on the government's ability, or Wu Changqing's ability.
If he can do a good job of macro-control and keep the stock market from crashing, then the stock market can continue to play.
If the macro-control is not well done and the financial crisis is caused, then it will have to find ways to launch wars, plunder wealth, and transfer national hatred.
Stop the financial crisis from happening?
Even if it is in later generations, no one dares to speak such big words.
This is a law that will inevitably arise from the development of the capital market, and it is also cyclical and cannot be prevented.
However, Wu Changqing felt that his situation was special, and he might be able to avoid it for the rest of his life.
Because he has all kinds of high technology brought by the system, which can make the society develop rapidly.
In short, it is that he can make the speed of the production of goods in society keep up with the growth rate of money.
This is something that no country can do in the original time and space, because none of them has a traverser, and none of them has a system plug-in.
Their social development is slow, and an increase in productivity often takes several years, decades, or even hundreds of years.
But Wu Changqing is now able to make the society develop rapidly, and can make the products show explosive growth.
Just like steel production, it doubles every year.
Therefore, he doesn't need to worry that the little wealth in the stock market is not matched by commodities.
Now that there is no such concern, it seems that there is no problem in establishing the stock market.
Wu Changqing thought a lot, and finally decided to start the stock market. The address of the latest chapter of the aircraft carrier I built in Daming: https://www.novelhall.com/book/149212.htmlI built the full text of the aircraft carrier in Daming to read the address: https://www.novelhall.com/read/149212/I built the aircraft carrier txt download address in Daming: https://www.novelhall.com/down/149212.htmlI read it on the mobile phone built by Daming: https://m.novelhall.com/read/149212/In order to facilitate the next reading, you can click \"Favorites\" below to record this (Chapter 614 Capital Excess) reading record, and open it next time You can see it on the bookshelf! If you like "I Build an Aircraft Carrier in Daming", please recommend this book to your friends (QQ, blog, WeChat, etc.) ,Thank you for your support! ! (www.novelhall.com)
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