"When our country's production technology is unable to form an absolute advantage over other countries, our country's currency will depreciate if we spend too much in advance."
After dawn, Li Longji went to the Li Family Zhuangzi.
He wanted to discuss the Japanese Empire's trade and currency issues with Li Yi.
But Li Yi started talking about currency theory. It was not purely financial. It included production technology and productivity.
What he said was the reason why the countries on Earth tried to suppress his country's electronic products and tertiary industry.
Electronic products belong to the field of technology. Once they are in operation, the cost will be lower than the actual value. It will have an impact on the country.
The tertiary industry is services. Electronic services are apps. Once the scale is large, there will be an outflow of capital.
So what is the most direct consequence? The country's currency will depreciate.
That's why the crazy president of the country on Earth wants to clean up Li Yi's industry.
If he doesn't clean up, the stability of the currency will be broken. Then, the currency will depreciate and lose its international status.
The consequences of currency devaluation would lead to a serious problem of currency backflow for international currencies.
For example, M dollars is an international currency. It is worth 1 trillion yuan.
It buys a lot of products from other countries, and these products are consumed in the country.
After 20 cycles, this 1 trillion yuan is not overpaid. There is no need to depreciate, and the money is earned back.
The products that other countries sold to him in the past were all physical objects. Ores, metals, leather, small commodities …
The physical objects have value, even if they will be damaged.
But one day, a country's app is sold. The app is not a physical object, and it will make money crazily.
The money earned can be used to buy things in other countries. If it is bought in one go, the domestic goods will be exported.
If they want to buy food, so much money will be spent. The domestic food prices will increase, and M dollars will be inflated.
More similar things will happen. M dollars will continue to depreciate. In terms of high-tech, it will lose its dominance. What will happen?
The depreciation will be too great, and the credibility will be reduced. Then, more countries will hold M dollars and use them to buy things in other countries.
M dollars is not a standard currency. It is a credit currency. The overpayment needs to be balanced.
Once everyone uses the money to buy things in that country, the prices of things in that country will increase.
Inflation will occur, and the people will have to bear this loss.
The citizens' hard-earned money was worthless. Their purchasing power fell, and the economic crisis broke out.
This was the result of losing the technological lead, and at the same time, the tertiary industry of other countries stealing the value of their currency.
Therefore, they had to punish you and force you to sell the app.
Otherwise, their currency system would collapse. Money would flow back, resources would be spent, and inflation would occur.
That is to say, a country had once used its technological advantage to release an excessive amount of credit currency. When technology was unable to govern, the credit currency would cause great harm to the country itself.
Li Yi didn't talk about his past. He just explained the concept to Li Longji in an easy to understand way.
Li Longji understood. He now wanted to enshrine all the people from the Li Family Zhuangzi who had died.
You guys are too great. So many of you died, but in the end, you brought Li Yi over to take over Zhuangzi.
That was how we got to know Brother Yi. Oh, and Big Brother as well. It was Big Brother who went to the Imperial Plantation first and found out about the situation.
"Brother Yi, are you saying that with our technological advantage, we can use technology to make up for the excessive amount of currency?"
Li Longji couldn't wait to set up a specialized technology research and development organization.
"Yes, including the difference in technology, price, and tariffs. If the other party sells us things that don't have any technological content, we will charge them tariffs.
If we sell them things with technology, they won't dare to charge us tariffs.
If we don't sell them things with high technological content, they won't accept it no matter how much they pay.
For example, lathes. The lathes in Zhuangzi are constantly improving. Then, the things made with the lathes are also very high-tech.
The lathes are definitely not to be sold. The tools made with the lathes are restricted even if others want to buy them. "
Li Yi admitted that this was the case.
His country back then was restricted by all kinds of technology. Not to mention lathes, even derivative products were not allowed.
However, his country back then was awesome. If you restrict me, I will fight in that aspect.
If you don't let me enter the space station to cooperate, I will launch the space station myself.
If you don't give me a 100,000-ton hydraulic press, I will build it myself and then sell a 200,000-ton hydraulic press.
Thank you, thank you for the adversity you have given us. We are like kites that soar into the sky in the face of adversity.
You don't sell the five-axis linkage to us. Now, we also have 3D printing technology.
There is a limit to the development of technology. Ten years of development is leaps and bounds. After ten years, every step will be difficult.
Our country will chase after these ten years and then stand with you at every step.
We will even overtake you at the corners, faster than you, because our foundation was more solid in those ten years.
You can stop us for a while, but can you stop us for a lifetime?
As Li Yi thought about it, he revealed a proud expression.
The Tang dynasty's technology is limited. You can't catch up in a hundred years, and the Japanese Empire can't either.
The Japanese Empire is good at learning, but it depends on who the opponent is. Our country is better at learning.
The Japanese Empire can bear hardships and brag to other countries, but in front of our country, you are still not good enough.
Li Longji didn't know what Brother Yi was thinking, but he suddenly noticed that Brother Yi's state was different.
On the surface, he looked more peaceful, but the look in his eyes gave people a feeling that he was about to soar.
"Brother Yi?" Li Longji said carefully.
"What?" Li Yi also lowered his voice.
"Do you need to strengthen the defense of your mother-bed?" Li Longji was worried.
"I built three sets, two of which are underground. Once they can be improved and upgraded, I will put them underground.
Actually, there is no need to do this. I am just being cautious.
Others can't break in. Even if a few of them fight to the death to get in, it will be useless. That thing can't be fixed just by looking. "
Li Yi was never worried about problems with his mother-bed.
Now, the mother-bed in Zhuangzi was constantly being updated, and the degree of precision would be better with each generation.
In addition, he has enough theoretical support. After a while, he can produce semiconductors.
"At most two years, maybe one year. We don't need to send messages ten miles away. We have to maintain the logistics. I will take something out, and we can send a telegram."
Li Yi revealed something in advance. He had enough technology to send a telegram, and it was hardware.
He doesn't need to take detours. He has the technology, and he can send it directly.
"What is a telegram?" Li Longji had seen good lathes. They were not as good as the equipment in Li Yi's hospital, but they were good things that he could build himself.
"I am writing to you from thousands of miles away. Yes, even if I am writing a letter, you will receive the letter after a few breaths. This is a telegram."
Li Yi thought about his words and tried to explain it to Li Longji in a simple way.
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