Chapter 706

Then.

At the command of Tang Qing.

The gold and silver mines controlled by the soldiers immediately became busy.

In the mining area that has been mined, the mining is accelerated and the gold reserves are increased. The silver mine also started the mode of crazy mining. Not to mention, the soldiers had a lot of stocks during this period.

Among them, there are 49 large and small silver mines with high and low reserves. The difference between the highest and the lowest is more than ten times. Many of them are still poor. But the purpose of this mining is not to make money, but to obtain real gold and silver.

Therefore, as long as we don't lose money, even if we lose a little, we can do business.

The number of gold mines is much less, there are only 17. The output of the Algerian gold mine can match the total of the other 16, or even more.

No way.

That gold mine in Algeria is too rich.

It has completely exceeded the industry's definition of rich ore and super rich ore.

This kind of gold deposit can only be found when the African continent was colonized before. Of course, it can not be ruled out that someone, like Tang Qing, discovered it but did not make it public. Instead, he made a lot of money secretly.

The lower the Algerian gold mine is, the higher the gold content is. Tang Qing made a large amount of money by pointing to it, and provided a steady stream of collateral for the future issuance of Yayuan.

At present, the people in the special economic zone of Myanmar and Asia basically will not hold the kyat in their hands any more, because its devaluation is really a bit fierce. It is falling every day. Although the range is not large, the expectation of devaluation is a fact.

This economic stimulus policy will allow the devaluation of the kyat to last at least one year or more.

At the current rate of depreciation.

A year later.

I don't know if kyat is half of what it is now.

After all, it has increased the liquidity of trillions of RMB in the market. The domestic commodity market of Myanmar is not big, and the total monetary base of Myanmar dollar is also low. This will have a great impact.

So.

Many people in Myanmar have the demand to exchange the kyat for the Asian dollar, and the deposit bank will definitely lose money. However, the Asian dollar has not been allowed to carry out banking business in other places in Myanmar, and they do not have enough channels to exchange for us dollars and other foreign currencies.

Therefore, Yayuan became the first choice for many people in Myanmar to avoid suspicion.

This has led to a huge increase in demand for Asian dollar notes.

In fact, Lang Cai also found this situation.

But there's no way.

Because the devaluation of the Myanmar dollar is a fact, and it is irreversible, so it is not unreasonable for others to choose the Asian dollar. Anyway, the Myanmar dollar is still the country's first legal tender, and the Asian dollar can not be circulated out of the Myanmar Asian special economic zone at present.

If you change it, change it.

Everyone is busy with the feast.

I'm not interested in this kind of behavior.

That's it.

Yayuan paper money has become Myanmar's value preserving currency, and gradually flows into Myanmar's people. Although it is only personal reserve, it does not flow into the commodity trading market, but when the quantity is enough, Myanmar dollar will find it.

Ya Yuan is like a bone etching ant. He can't shake it off until... It's eaten by ants.

Of course.

Yayuan is greedy for Myanmar dollar. It's impossible for the ants to steal rice in this way.

That's a joke.

This is just a strategy to make the reliability and stability of Asia dollar popular.

This time, it's a loan.

The devaluation of the kyat will be between 25% and 30% in the next six months. By that time, the market will begin to stabilize, because the investment has already landed, and the Central Bank of Myanmar has no reason to print money.

At that time, Myanmar would certainly try to stabilize the value of the Myanmar dollar.

However, in this half year.

The Asian dollar is strong.

The kyat has fallen sharply.

The most important thing for ordinary people to think about the kyat is their confidence. Once they lose confidence, money is paper. In other words, this half year is a time when the kyat self depreciates and the people's demand for the kyat to maintain its value is soaring.

If there is no Asian dollar.

The kyat devalues at will. Anyway, the people have no choice but to use it or not.

Just like RMB.

People have no other currency to use, and it is difficult to exchange for us dollars to keep their value. They can only invest in fixed assets and other ways to keep their value.

Once there is an alternative currency with stable value, then, compared with the large fixed assets, it seems that it is a better choice to replace the deposit that can't afford a house with Asian dollar.

Lang CAI and others also saw this situation.

Yayuan is eating the territory of Myanmar.

But they didn't come up with a policy to stop it.

Ha ha.

Lang Tsai is even happy to see why, because in their view, the more Asian dollars the people exchange, the greater the loss of the Bank of Myanmar.for instance.

If.

In the past, ten thousand Kyats could be exchanged for one hundred Asian dollars.

Now, only 12000 Kyats can be exchanged for 100 Asian dollars.

Two thousand kyat is the loss of the Bank of Myanmar.

You know, when people exchange Asian dollars, they will give you 10000 Kyats, but next time, when people take 100 Kyats, they will ask you to pay 12000 Kyats, which is not a loss for the bank.

Unless the Bank of Myanmar has a way to offset this part of inflation.

For example, at the moment of exchange, you can find the Central Bank of Myanmar to exchange for other countries' currencies. Unfortunately, this is impossible. The Central Bank of Myanmar will never give its foreign exchange reserves to the Bank of Myanmar, so the Bank of Myanmar is bound to need to invest in order to earn back the two thousand Kyats.

To put it bluntly.

What is the spirit that the Bank of Myanmar must pay "preservation interest" for every devalued kyat? It's a complete dedication. How can they oppose it, not support it, but stop it.

Anyway, when the value of the kyat is stable.

Myanmar can introduce monetary tightening policies to stabilize the value of the currency, reduce the expectation of the devaluation of the Myanmar dollar, and let the people regain their confidence. Then, when the people find the Bank of Myanmar and ask for the exchange of the Asian dollar into the Myanmar dollar, it is the time for the bank of Myanmar to lose money.

At this rate, the Bank of Myanmar is definitely at a loss.

That is to say.

For the Asian dollar held by the people, the Bank of Myanmar can't see a loss until it is converted into kyat by the Bank of Myanmar. However, once it is converted, it is bound to be a loss. Lang Tsai even found that this is also a way to crack down on the Asian dollar.

Don't you make a lot of money?

With this sum alone, Lang Tsai felt that he could eat up all the profits made by Yayuan in Myanmar during this period. The more he exchanges now, the more he will lose in the future. Why should Lang Tsai stop other people from doing business at a loss.

In fact, Lang Tsai is right.

This kind of exchange.

It's a loss making business for the Bank of Myanmar.

At the moment of exchange, he began to lose money and continued to lose money. However, Tang Qing could afford to lose money because the profits of the Bank of Myanmar group were enough to make up for this part of the loss, and Tang Qing was very happy to see this kind of loss.

For any country.

Want to maintain the exchange rate of the local currency.

You have to throw money in to fill the hole. This is the iron law.

Just as Soros attacked the monetary system of Asian countries in those years, countries tried to maintain the exchange rate of their own currencies, almost consumed their own US dollar foreign exchange reserves, and finally were blown out by international capital such as Soros.

Tang Qing also used this method.

To maintain my currency.

What if I lose a lot.

As long as I can afford it.

If we can finally achieve our goal, we have to do whatever it takes. As long as we can replace the kyat, how about losing all the profits of the Bank of Myanmar group? In the future, I will be able to double my profits, much more.

The fruit of victory.

It must belong to Asia.

The struggle for money has just begun.

。。。

Command room.

Tang Qing's mind is beautiful.

If all the gold and silver mines start destructive mining, how much output can be achieved each month? The result makes Tang Qing very excited, because the gold and silver mines together can provide nearly 5 billion Asian yuan of circulation each month in the future.

This is not surprising.

You know, the previous output calculation is not only the ore dug out, but also a certain scale of mineral processing to finally get gold. A series of processing capacity of silver products, the final result is the output.

Now the transport node is used.

Destructive mining has been started again.

It's no wonder that the output has been increased several times without the limitation of local smelting limit. If the quantity of follow-up mineral deposits increases again, this number will continue to expand.

However, Tang Qing is still dissatisfied with this growth rate.

"Tang Yi, start the treasure hunt and try not to kill people." Tang Qing ordered.

A long time ago, Tang Qing asked his soldiers to collect information about the great treasures of various countries, and "Tongtian" carried it out in detail. He already had a lot of clues about the distribution of many treasures in the world.

It's just clues. It's not exactly where it is.

Now.

The command room has a lot of clues.

It's just that there's no deep digging.

For example, soldiers know that someone may know the key clues, but they didn't tie them up at that time, and then forced them to ask. They just kept collecting relevant information and perfecting the chain of clues.

It's not just the land, it's the wreck in the sea.

Once needed.

Like now.

Soldiers will take various means to dig all the "clues" infinitely, not just to investigate.To put it bluntly.

The soldiers are going to do bad things again.