Chapter 620

Foreign exchange reserves, simply speaking, are holding foreign banknotes.

Because foreign currencies cannot be printed directly, there is only one way to obtain foreign exchange. Sell your own country's things to each other.

The other party can settle in their own currency, but in this case, it is also risky. What if the other party's currency depreciates?

Therefore, a common currency is needed.

Of course, the best is gold. Gold is a good general equivalent, but gold trading is inconvenient. Therefore, Eagle country plays a role at this time.

Eagle Kingdom tells you that the comparison between my Eagle yuan and gold is unchanged. Then, with my Eagle yuan, you can exchange gold with me at any time.

After World War II, the eagle country replaced the bull country's currency by directly linking it to gold and became the world's common currency.

Although they can't play for a while, the eagle people still have other ways. They are linked with oil and maintain the attribute of the equivalent of Eagle yuan in international circulation.

Therefore, foreign exchange reserves are mainly YingYuan. Of course, in addition to YingYuan, there are also deposits in foreign banks, as well as valuable assets such as creditor's rights and stocks.

Generally, the Central Bank of China is responsible for the reserve management of foreign exchange reserves. The form of reserves is mainly cash. Secondly, there are deposits in foreign banks and so on.

In other words, as long as there is foreign exchange in the Han State Administration of foreign exchange reserves, it can be used. However, if the amount is too large, it is still risky.

The eagle people are smart. They will certainly find that the foreign exchange used by the Han country is even more than the Han country's own reserves. At that time, there will be a big problem. How does the Han country use it? Is the state of Han printing money itself?

Although those Eagle yuan are all fake, the amount is not right after all. This will arouse the suspicion of the eagle people, and even forcibly attribute some fake Eagle yuan bills in the world to the head of the Han country.

Generally speaking, the manufacture of counterfeit banknotes is the practice of some organizations. It must not rise to the national level. A country makes counterfeit banknotes from other countries on a large scale, which is equivalent to declaring war.

In history, only beibangzi country was lawless and engaged in some fake Eagle yuan currency flowers all over the world. Big hooligans had no choice but to deal with small hooligans.

Qin Guan said so. The president opposite frowned. Yes, this is a big problem.

Qin Guan did not exchange dead money in large quantities. In the past, he only exchanged 10 million Eagle yuan as starting capital, which is why.

It's used a lot. It's easy to be suspicious.

If the timeline goes a little further, in future generations, it will often be trillions of foreign exchange reserves, which will be convenient at that time. However, at that time, there will be no need for dead money exchange. The country has developed into the largest economy in the world. Are you still worried about lack of money?

This is a problem.

Seeing the president frowning, major Yang said, "Qin Guan, how can we avoid this problem?"

The president's idea is how to explain the source of this unexpected Eagle yuan. For Qin Guan, he can stand at a higher level.

The currency cemetery system can exchange not only Eagle yuan, but also other currencies.

Of course, other currencies can not meet the demand. The best, of course, is the initial general equivalent, that is, gold!

Yes, it's time to exchange the golden cemetery.

Qin Guan smiled: "what if we trade with gold?"

Hearing Qin Guan's words, the two people present immediately changed their faces: "gold? Not very good."

Gold, as a currency, has a history of thousands of years. It is a real wealth. Paper money may depreciate, but gold will never. In the development of history, gold can only appreciate, not to mention its excellent metal characteristics. It is a necessary product for all kinds of industries. Take its financial attributes for example, it is definitely the first.

Any country will have gold reserves. It plays a special role in stabilizing the national economy, curbing inflation and improving international credit. This role is quite significant in both developed and developing countries.

The stock market can be manipulated, the property market can plummet, and the currency can depreciate, but the value of gold will never change.

It can be said that gold belongs to a kind of strategic reserve. The state will never throw out the gold reserve until it is absolutely necessary. It can even be said that once a country begins to throw out its gold reserves crazily, the country's regime is not far from collapse.

Now, Qin Guan said it was impossible to buy with gold.

Qin Guan smiled: "of course, what I said is not our country's original gold reserves."

In the early days of the founding of the people's Republic of China, the state of Han took over a mess. Later, it continued to absorb gold from the people and supplement the national treasury. At the same time, the state was also mining gold. Until now, the national gold reserve is only 300 tons.

The amount of gold is very small. Therefore, the country will never use gold to buy directly on the international market before the critical moment.

However, Qin Guan knew a lot. Apart from others, there were thousands of tons of gold in the temples of the White Elephant Kingdom.

Qin Guan didn't think about it before. After all, it's useless for Qin Guan to want gold, and even bring harm. Qin Guan knows the truth that people die for money and birds for food.

Every man is innocent and bears his sin.

Now, if the country needs it, of course I can help a little. YingYuan doesn't dare to use it in large quantities. It doesn't matter if I want to buy things with gold. Who can control it?

"Qin Guan, that is to say, you can..." hearing this, major Yang dared not go on.

Qin Guan's super power is too powerful! With such super power, the country can develop rapidly. If there is enough gold, it is no problem to buy things with gold.

Qin Guan nodded: "I don't know how much gold I can bring, but I'll try my best."

This is not Qin Guan's modesty, but Qin Guan knows his ability and the principle of equal quality exchange. He can exchange waste paper for money, because they are all paper, but what is used to exchange gold? Gold for gold, that must not work.

Qin Guan didn't worry about this before, but now Qin Guan knows that he must enter the system again to study how to exchange gold.

It's been a long time since Qin Guan entered the system. He just subconsciously avoided Lisa. He can't stand such a woman.

But now, I have to go in again.

Enter the system!

As long as Qin Guan's mind moves, he can enter the system.