Nan Ming Sun Never Sets

Chapter 550 Wu Min’s new big plan
Since the Battle of Dhaka, when Ming defeated the Mughal Empire and occupied Bengal, the Mughal Empire has begun to decline in an all-round way.Ming Dynasty not only took away the most fertile region in South Asia, but also controlled Sri Lanka and gradually took over South India.

These forces have continued to wage war with the Mughals in the past 20 years, and have also communicated with European colonists and Ming. In the eyes of Ming, the war between them is too rudimentary.Daming did not provide them with weapons, but Britain, France, Portugal, the Netherlands and Italy all provided weapons to Indian states, and the war became more and more fierce, and many people died.However, the Mughal Empire had no way to eliminate these rising forces, and Maratha and other forces could not drive the Mughals back in one go.

Bai Mingxiu looked at Wu Min, put down the chopsticks in his hand, and asked: "I asked you about South Asia back then, and you told me not to rush to invade India because Daming didn't have such good teeth, why did it change now? ?”

Wu Min was a little more serious, and replied: "Because the whole of Bangladesh has developed to be stronger than the whole of India. Although I only have 10,000+ vassal troops here, Bangladesh has established a set of reserve military service system. If necessary, only Bangladesh The Department of Propaganda and Comfort mobilizes in one place, and I can pull out an army of 50 people within three months. It would be even better if the Ministry of War can send the army or marines to assist. The Mughals and other countries , It’s just a group of young people, who look big and round, but in fact, they are not enough for my Ming and Bangladesh Xuanwei Division. To control India is to control the population of more than 1 million in the South Asian subcontinent. Transform it, It can become the power of Ming Dynasty, and it can also make sure that there will never be a country on the subcontinent that threatens the strategic security of Ming Dynasty."

Bai Mingxiu sighed, and said, "Your ambitions are always so amazing. Back then, it was to annex Bangladesh and build a Southwest structure, but now it's all about South Asia."

Wu Min took it for granted: "As the world's most powerful power, as the central dynasty, Ming's expansion is the destiny. It's not just India, the things we do in America are the same, and many people are now going to When we arrive in Africa, I believe that in time, Black Africa will also become Da Ming's territory, and all of them will become Da Ming's territory."

Bai Mingxiu felt that he, the emperor, was doing more and more for nothing. He didn't bother to think about these things so much now. He believed that everything would happen naturally. On the contrary, it was the ministers of the Lizhengyuan and Wu Min, who were officials in frontiers like Wu Min. They are constantly pushing Daming forward.

Bai Mingxiu pinched his chin and said: "An army of 50 people. The military supply alone is a large sum of money. It can better alleviate the problem of overcapacity in the local manufacturing industry. After conquering India, it will also be a considerable investment opportunity. At least the railways, ports, etc. must be repaired, cities must be built, hospitals and schools must be built."

Although the local Ming Dynasty is clamoring for industrial upgrading, cutting excess production capacity, and improving the productivity of the labor force, the young people with better skills are the new generation of young people, while people in their 50s and [-]s still have to work, and they still have to work. Life.Cut out the ordinary jobs, and these people are hard to manage.Large-scale and irregular immigration waves are very harmful to the native land.Therefore, Bai Mingxiu considered that by maintaining production capacity, he would wait until this group of people reached retirement age and retire honorably.

According to the provisions in the early years of restoration, if you have worked continuously for 15 years and paid in pension insurance, you will be able to receive pensions after retiring at the age of 50.Moreover, the population of Daming is increasing, and the investment return of the pension insurance fund is also quite good, which is fixed at 8-11% every year. It is not a problem to provide pensions for these old people who have made contributions to Daming.Therefore, what Bai Mingxiu needs to consider is to let these laborers complete their 15-year working period and work until they are 50 or 40 years old and retire.

They have extra labor, they can go to the countryside to farm, their pensions are still paid, and they don’t want to move anymore. They can play chess in city parks, plant flowers, amuse birds and dance square dances.

In fact, Bai Mingxiu has always felt that the ministers of the Legislative Yuan are to blame for the problems encountered by the Ming Dynasty's economy, and their overall economic policies are conservative.If the officials of Bai Mingxiu's era were to do it, it would be guaranteed that all the money would be paid for, and various infrastructure investments and major projects would be paid for.In contrast, the officials of Ming Dynasty are really idiots. They don't know how to build development zones, don't know how to renovate shanty towns, and don't know how to do free trade.

In fact, the simplest routine is to expand government spending and borrow money for infrastructure construction.But Daming Banknotes is not strictly a credit currency. The government's monetary policy is not flexible, which also makes fiscal policy very restrictive, so it is easy to cause some problems.

But Bai Mingxiu doesn't intend to decouple gold and silver immediately to make credit currency. This society simply doesn't have the ability to accept it, so he really has to be limited by real gold and silver, and by the real economy.

Bai Mingxiu asked: "You used so much money to invest in construction?"

Wu Min is more of a later style. He squinted and smiled: "Attracting investment, it's not difficult to coax some local rich people. And the South Asian Joint Propaganda Leader can have its own fiscal policy. We borrow money. As long as the GDP growth rate outperforms Our rates, we're all safe."

Bai Mingxiu's heart trembled: "Don't play it off, if you cause a collapse of Ming's currency and credit or something, then the crime will be serious."

Wu Min smiled happily and said: "Just now I said that the richest man in Ming Dynasty who can pay taxes according to the regulations is His Majesty the Emperor himself, now I would like to add to you that the person who may have the least confidence in Daming is also His Majesty the Emperor himself—— An unprecedentedly large empire has been established, with the most outstanding talents, the most abundant resources, and countless wealth. Our army is strong, our financial resources are abundant, and our confidence in this country is almost unlimited! What is there to be afraid of? of it."

Bai Mingxiu curled his lips and said, "There are still basic rationalities."

Wu Min said: "Yes, Your Majesty is an extremely rational and intelligent person. Ministers can drive fast, but it is very important that you know when to step on the brakes."

(End of this chapter)