Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in hlnovel.com -> Romance -> Brilliant Life of Rebirth 98

Impact (2)

Previous page        Return to Catalog        Next page

    ??

    Everyone gave Ma Jun a roll of their eyes before Yi Xiaohai continued.

    "The appreciation of the footbath currency and the enhanced purchasing power of the footbath currency can stimulate the import of footbaths, because the cost of imports has become lower, but correspondingly, the cost of exports has increased"

    Ma Jun looked at Yi Xiaohai helplessly. Yi Xiaohai knew that he must be asking for an explanation, so he gave an example again.

    "American businessmen have a 1-meter knife, which is converted into 8 yuan in soft sister currency, and can buy 4 kilograms of rice. Now that the soft sister currency has appreciated, the 1-meter knife has become 6 yuan, and can only buy 3 kilograms of rice, and exports are less.  "

    "If American businessmen feel that they are too disadvantaged and demand the same price as before, 4 pounds of rice per meter, will your costs increase?"

    Ma Jun nodded: "I understand."

    "If enterprises in China cannot reduce the cost of export industries, exports will be affected, and domestic demand will also be affected, because countries rely on import and export trade. To put it simply, less exports will lead to less national income and less demand for imports.  There¡¯s less demand.¡±

    "In 1994 and 1995, the currency continued to appreciate, and both imports and exports declined,"

    "Several exchange rate appreciations in the history of the currency have triggered serious domestic overproduction, and then the currency was forced to appreciate, thus inducing a large-scale economic crisis."

    Everyone listened with great interest. Seeing that they wanted to listen, Yi Xiaohai continued to tell them about other dangers.

    In fact, in summary, the appreciation of the foot basin currency not only affects import and export, but also affects foreign investment, employment, and prices.

    The appreciation of footbath coins will accelerate the transfer of domestic production of footbaths overseas.

    Because of the appreciation of the currency, companies will move their production bases from domestic to foreign countries to cope with the decline in export profits caused by the appreciation of the currency.

    at the same time,

    The transfer of domestic enterprise production bases abroad will also lead to the hollowing out of domestic industries, leading to sluggish domestic investment in footbaths.

    Since the currency appreciation in 1995, a large number of companies have moved their production bases to other Asian countries, foreign investment has also been increasing, and their reliance on the Chinese market has become more and more serious.

    Let¡¯s talk about the impact of the appreciation of the currency on the unemployment rate.

    The economy grew rapidly in the 1960s and 1970s. The employment rate was very high, and there was even a special phenomenon of full employment.

    With the continuous appreciation of the currency after the 1970s, the import and export trade was affected, and its employment rate continued to decline.

    During the appreciation process in the 1990s, hidden unemployment in the economy exceeded 6% of the total number of employed people, which was much higher than the previous unemployment rate of 2.5%.

    In summary, the appreciation of the currency has a huge economic impact on the currency.

    Because the economy is still in a state of economic depression and deflation, the appreciation of the currency will do more good than harm.

    Of course, from a long-term development perspective, currency appreciation will help Japan advance towards new goals such as technology, finance, and economic internationalization.

    "So, at this stage, the appreciation of the currency is not good for them. But having said that, excessive appreciation or depreciation of the currency will have a negative impact on the domestic economy. Therefore, maintaining the stability of the currency value and foreign exchange rate will affect the stability of economic development.  sex¡­¡­"

    Yi Xiaohai¡¯s words gave everyone a rough understanding of the impact of currency on the economy, and the current long position can cause huge harm to the feet in the short term.

    ¡°Boss, so you¡¯ve been staring at the footbath for a long time?¡±

    "I don't have that spare time, but having said that, there are quite a few good industries in Foot Basin. It would be a good choice to kill them and acquire them this time."

    While several people were talking, the opening ceremony had already begun, and they did not talk anymore.

    Yi Xiaohai was not impressed by the theme song of the 2002 World Cup, but he was deeply impressed by the first game because it was so cold right after it started.

    "I asked everyone, do you want to buy a ball?"

    Ma Jun watched the opening ceremony and suddenly thought that watching football without buying it would not be exciting at all, and asked everyone if they were interested.

    He liked buying football before he met Yi Xiaohai, but later he was busy with his career, and Yi Xiaohai didn't like it very much, so he basically stopped playing.

    Now that I¡¯m watching football live, it would be unreasonable not to buy it.

    Gao Fei¡¯s trip abroad this time is probably one of his few opportunities to go abroad, and he is ready to indulge himself.

    "Okay, let's make an agreement. Whoever loses will charter a flight to Ginza and treat everyone to a big dinner"

    "I agree too."

    Everyone responded one after another, and Ma Jun was the first to occupy a good position:

    "I'll go first, I'll buy France to win"

     "Damn it, if I don't take you like this, then I still want to buy France to win."

    "Any fool will buy France."

    Today¡¯s opening match is between France and Senegal. Senegal has entered the World Cup for the first time, and France was the last champion. Everyone is betting that France will win.

    Although they don¡¯t care about treating them to a big dinner, everyone who buys football knows that losing is very unpleasant, so everyone wants to buy France.

    "Yi, if you don't say anything, you don't want to buy Senegal, right?"

    Miranda beside her suddenly asked Yi Xiaohai.

    China agreed to negotiate with Venezuela, and Venezuela sent a team to check the eyes. Miranda also took some time off and came to watch the game with Yi Xiaohai and the others.

    At this time, everyone was looking at Yi Xiaohai, because Yi Xiaohai was better than them in betting and eyesight.

    "If you all buy France, I will sell it to Senegal."

    "Boss, are you kidding me? The championship team"

    Ma Jun reminded.

    "World Cup winning teams generally don't go far. This year's Qi Guangtou is not here. Senegal's starters all played in the French league. I know France very well. I think they can win."

    Ma Jun, who had been clamoring just now, immediately hesitated.

    He has never seen Yi Xiaohai lose a bet, but now that he is buying Senegal, he might actually win.

    "Brother Fei, Brother Ming, what do you say?"

    "I don't believe that Xiao Hai is so amazing, so I'll just buy Francesco."

    Jiang Ming decisively abandoned Gao Fei and chose to side with Senegal along with Yi Xiaohai. Wei Baobao also did not believe in evil and supported Gao Fei.

    Everyone made a decision, called the service staff of the on-site bookmaker, and then placed their bets.

    "I'll buy France, let half a goal win, 50 million dollars."

    Ma Jun was the first to place a bet, and Gao Fei and Wei Baobao also placed bets.

    Miranda and Jiang Ming believed in Yi Xiaohai and followed Yi Xiaohai to buy a 1-0 score.

    The psychological quality of the waiters at the gaming company is relatively good, otherwise they would be frightened by their betting methods. Each of them is worth 50 million yuan, and the capital of several hundred million is not a small amount.

    After he went out, he came back quickly and brought the person in charge of the gaming company with him.

    The person in charge is quite experienced. He checked that the private room was booked by Hantang Group, checked the surveillance photos and found that Yi Xiaohai himself was there, so he came over in person.

    Because the amount of bets is large, Yi Xiaohai can understand when the person in charge comes, but it is a bit interesting that the person in charge recommends an external stomach with a larger amount.  (Remember the website address: www.hlnovel.com
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report