Chapter 709

Subsequently.

At Tang Qing's command.

The gold and silver mines controlled by the soldiers immediately began to be busy.

The gold that has been mined and stored in the mining area. Silver deposits have also started the mode of crazy mining. It's true that soldiers have a lot of inventory 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 kind of 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 bit, the business will have to be done.

And the number of gold mines is much smaller, only 17, of which Algeria's gold production can top the sum 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.

In this way, gold deposits can only be found when the African continent was colonized before. Of course, it does not rule out that some people, like Tang Qing, found them but did not disclose them to the public. Instead, they secretly groped for them to make a fortune.

The lower the gold mine in Algeria, the higher the gold content. Tang Qing pointed to this thing and issued a large amount of collateral for the future issuance of the Asian dollar.

At present, people in the special economic zone of Myanmar and Asia will not hold kyat in their hands, because its depreciation is a bit fierce. It is declining every day. Although the range is not large, the depreciation expectation is true.

The devaluation of kyat will last for at least one year or more in this economic stimulus policy.

At the current rate of depreciation.

A year later.

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

After all, it has increased the liquidity of more than one trillion RMB in the market. The domestic commodity market of Myanmar is not big, and the base of total money supply of Myanmar dollar is also low, which has a great impact.

So.

Many people in Myanmar have the need to change kyat into Asian dollar. The bank will definitely lose money, but 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 US dollars and other foreign currencies.

Therefore, Yayuan has become the first choice, and many people in Myanmar have taken refuge in their assets.

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

Langcai actually found out about this.

But there's no way.

Because the devaluation of the kyat is a fact and irreversible, it is no doubt that other people choose the Asian dollar. Anyway, the kyat is still the first legal currency of Myanmar. At present, the Asian dollar cannot be circulated in the special economic zone of Myanmar and Asia.

If you change it, change it.

Everyone is busy with the feast.

I'm not interested in this kind of behavior at all.

That's it.

It turns out that the Asian dollar banknotes have become the currency to keep the value of Myanmar currency, and gradually flow into the people of Myanmar. Although it is only personal reserves, not into the commodity trading market, but when there are enough, Myanmar dollar will be found.

Like the ants that etch bones, they can't be thrown away until... Swallowed by ants.

Of course.

It's impossible for Yayuan to eat Myanmar dollars in this way that ants steal rice.

That's a joke.

This is just a strategy to make the reliability and stability of the sub elements deeply rooted in people's minds.

The loan this time.

The devaluation of kyat will be between 25% and 30% in the next six months, and then the market will begin to stabilize, because the investment has been implemented and there is no reason for the bank to print money.

At that time, Myanmar will surely find a way to stabilize the value of kyat.

But in this half year.

The value of the Asian dollar is strong.

The kyat depreciated significantly.

What will ordinary people think of kyat? The most important thing is confidence. Once they lose confidence, money is paper. In other words, this half year is a period of self depreciation of kyat and a period of crazy demand for kyat preservation.

If there is no Asian dollar.

The kyat depreciates at will. Anyway, your people have no other choice. You have to use it, not use it.

It's like RMB.

People have no other currency to use, and it is very difficult to exchange US dollars to preserve their value. They can only invest in fixed assets and other hedging channels.

Once there is an alternative currency with stable value, then, compared with the large fixed assets, it seems to be a better choice to change the savings that a house can't afford into Asian dollars.

Lang CAI and others also saw this situation.

Yawon is craving territory in Myanmar.

But they don't have policies to stop it.

Ha ha.

Langcai is even happy to see why, because in their opinion, in this case, the more Asian dollars people exchange, the greater the loss of the bank.

For example.

If.

Once upon a time, ten thousand Kyats could be exchanged for one hundred Asian dollars.

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

Two thousand kyat is the bank's loss.

You should know that when others go to exchange Asian dollars, they will give you ten thousand Kyats, but next time they take one hundred Asian dollars, they will ask you to pay twelve thousand Kyats, which is not what losses are for the bank.

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

For example, at the moment of exchange, find the Central Bank of Myanmar to exchange into other countries' currencies. Unfortunately, this is impossible. The Central Bank of Myanmar will never give foreign exchange reserves to the Bank of Myanmar Asia. Then the Bank of Myanmar Asia will have to make investment to earn back the two thousand kyat.

To be honest.

What is the spirit of the bank's having to pay "interest on preservation" for every devalued kyat? It's a complete dedication. How could Lang Tsai and his colleagues strongly oppose it, not say they strongly support it, but they will not stop it.

Anyway, when the Myanmar dollar is stable.

Myanmar can fully introduce monetary tightening policies, stabilize the value of the currency, reduce the expectation of devaluation of kyat, and let the people regain confidence. Then, when the people find the Bank of Myanmar and ask to convert the won into kyat, it is the time when the Bank of Myanmar and Asia loses money.

In this way, the Bank of Maine is definitely in the red.

That is to say.

The people hold the Asian dollar. Before they find the Bank of Myanmar and Asia to convert it into kyat, the Bank of Myanmar and Asia can't see the loss. But once it is converted, it must be a loss. Langcai even found that this is also a way to attack the Asian dollar.

Don't you make a lot of money?

Just for this, langcai thought that he could eat all the profits he made in Myanmar during this period of time. The more he exchanges now, the more he will lose in the future. Other people are willing to do loss business. Why should langcai stop it.

In fact, langcai is right.

This exchange.

It's a loss making business for Bank of Maine.

At the moment of exchange, Tang Qing began to lose money and kept losing money. However, Tang Qing could afford to lose money because the industrial profits of Bank of Myanmar group were enough to make up for the loss, and Tang Qing was happy to see the loss.

For any country.

I want to maintain the exchange rate in my own currency.

It's the iron rule that money must be poured in to fill the hole.

Just as Soros attacked the monetary system of Asian countries in that year, countries wanted to maintain the exchange rate of their own currencies, almost consumed their own US dollar foreign exchange reserves, and finally were exposed by international capital such as Soros.

Tang Qing is also this way of operation.

In order to maintain the value of my currency.

What if I lost a lot.

As long as I can afford it.

In the end, if I can achieve my goal, I will have to do whatever it takes. As long as I can replace kyat and lose all the profits of Bank of Myanmar Asia Group, I will be able to double my earnings in the future, which is much more.

The fruit of victory.

It will belong to Yayuan.

The currency struggle is just beginning.

。。。

Command room.

Tang Qing's heart is beautiful.

If all the gold and silver mines start destructive mining, how much can they achieve each month? Tang Qing is very excited about the results. Because the gold and silver mines together can steadily provide nearly 5 billion yuan of circulation each month in the future.

This output is not surprising.

It should be known that the previous production calculation was not only the mined ore, but also a certain scale of beneficiation to the final gold. A series of processing capacity of silver products, the final result is the output.

The transport node is now used.

Destructive mining was started again.

That is to say, it's not uncommon for the production to be doubled several times after getting rid of the limit of local smelting. If the number of subsequent mineral deposits increases again, the number will continue to expand.

But Tang Qing is not satisfied with the growth rate.

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

A long time ago, Tang Qing asked the soldiers to start collecting information about the big treasures of various countries, which was carried out by Tongtian. There are many clues about the distribution of many treasures in the world.

It's just clues. It's not a complete location.

Now.

The command room has a lot of clues.

Just not digging deep.

For example, soldiers know that someone may know the key clues, but they didn't tie them up at that time, and then force them to ask, just to constantly collect relevant information and improve the chain of clues.

It's not just land, it's the sinking of ships in the sea.

Once needed.

Like now.

Soldiers will take all kinds of means to dig into all the "clues", not just the investigation.

To be honest.

The soldiers are going to do "bad" again.