Red Alert 1895

"First of all, we can use our advantages to formulate a special gold standard system. We can't copy the foreign gold standard, we can use our own method to carry out the gold standard. We can first formulate some rules, such as the foreign gold standard system It is the gold standard with unlimited legal compensation. Anyone who holds banknotes can exchange it for gold. And that banknote is actually a gold coin, which we can call the gold standard. Of course, we cannot adopt this method of unlimited legal compensation. We have to adjust appropriately."

"We can stipulate that if you want to convert banknotes into gold, you must accumulate enough to a certain extent. For example, we must let the people accumulate enough banknotes worth 50 kilograms of gold, and then they can come to Taiwan's central bank to exchange them. Gold. Moreover, if the amount of gold to be exchanged is huge, then we have to check the identity, and the process of checking the identity is very complicated. It must be cleared by eighteen generations of their ancestors, so that they may really cry. Even, We can also stipulate that gold cannot be taken out of Taiwan Island, and we can let the customs check the gold out of the country, and our gold in Taiwan can only enter the country, not leave the country. In this way, we can prevent the possibility of gold outflow as much as possible.”

And listening to Wang Guorui setting up rules and regulations one by one, everyone felt speechless for a while. Wang Guorui is obviously artificially setting up barriers for people to exchange gold. If you want to use banknotes to exchange gold, then this process is not so easy to go through. If you have to go through such a complicated process to exchange for gold. I'm afraid it really makes people not want to exchange, after all, it is too difficult to exchange gold. And even if it is exchanged for gold, it cannot be taken out of Taiwan. In this way, the gold will not be able to flow out. And with such a gameplay, how could the gold still flow out? At that time, Taiwan's gold will come in but not out. Isn't it easy to ensure that gold will not fall into the hands of foreigners?

"This method has several advantages. The first biggest advantage is that it can prevent the outflow of our gold and resist those financial risks. Of course, the second is that we can also save gold. After all, our gold is limited. Our gold is just a drop in the bucket compared to foreign devils. Naturally, we cannot learn from the gold coin standard system of foreign devils. We can set up a gold standard system with our own characteristics. And our restriction of gold exchange, we can avoid the circulation of gold coins, and foreigners It is also impossible to collect our currency to get our gold. Even because the vast majority of our people cannot exchange gold. In fact, we can use a very small part of gold to maintain the relationship between gold and currency , and we can also save most of the other gold. Therefore, my gold standard system can actually save a large part of gold, and then issue most of the currency with a small part of gold.”

"Of course, we can't issue unlimited currency. Because our currency is the gold standard in name, but it is actually issued by the credibility of our government. If we issue too much, it will also damage our credibility. In fact, we all adopt the reputation standard, not the pure gold standard.”

When Wang Guorui's variant of the gold standard came up. It immediately shocked many people. I thought you and the others didn't expect that Wang Guorui would be able to say such a set of things so quickly, and it seems that it is really very feasible. Wang Guorui proposed to implement the gold standard with Chinese characteristics, which also makes everyone feel satisfied. If so implement the gold standard. In fact, it is still indirectly the same as the ancient government in the past, which implemented the method of handing over banknotes, with the country's reputation as the object of issuance. However, this situation is covered with a layer of gold standard skin, at most it is to take out a small part of gold to deal with those large-scale exchanges.

And the restrictions on gold prevent the government from issuing currency indiscriminately, so everyone agrees. In the past, the ancient government issued banknotes. It is a completely costless business, so those idiot officials in ancient times would hand over money indiscriminately for some petty profits. In this way, handing over banknotes is even inferior to wipe paper. This has something to do with the ancient officials' ignorance of national reputation and currency principles. The current officials in Taiwan understand some economic theories to some extent, and they have a gold standard, which also limits the government's excessive currency issuance. After all, if currency is issued indiscriminately, once someone gathers to run on gold in the end, they will all face a crisis. Therefore, the gold standard system uniquely designed by Wang Guorui also limits the possibility of those governments issuing currency indiscriminately.

"But Mr. Wang, is this still the gold standard?" Li Minxian asked.

"Why not? This is the gold bullion standard, and the gold standard of the British and other gringos can be called the gold coin standard. After all, the system is set by human beings. Why do we have to learn from the Western system? We can't do it ourselves. What about a certain system? Since ancient times, we Chinese have never had to rely on foreigners. It’s just that we have been overtaken by Westerners in the past two hundred years. However, if this does not take us along, we will be absolutely backward, and we can still catch up. As long as we formulate our own system, this is also possible. Why do we have to follow behind the Westerners? We can actually go our own way instead of following others. If we keep following others, In the end, it can only lag behind others forever, and cannot catch up. Therefore, only innovation is the necessary condition for truly surpassing foreign countries." Wang Guorui said.

Of course, Wang Guorui is very clear that innovation is the foundation of a strong country. If there is no innovation, it will always be followed by others, and it will never become a real leader. Just like the Made in China and Created in China of later generations, the latter is much more valuable than the former. So without innovation, you can only follow others to pick up some leftovers to eat. However, foreign countries implement the gold standard system, which is a system implemented by foreign countries, and it is a system suitable for foreign countries. As for China, there is no need to copy it 100%. After all, ancient China also has allusions about the southern orange and the northern trifoliate, so some of them must be suitable for themselves, and only by creating a system that suits them can they have better vitality. If you copy it mechanically, it will definitely fail at all.

Wang Guorui's "gold-nugget standard" is actually what he learned from the Westerners after World War I. The Western countries in the original world, because of the First World War, all countries restricted the export of gold, and in order to save gold, they also proposed the gold bullion standard system, so that the currency system has moved towards a non-gold standard . You must know that according to the original history, the gold standard system will collapse sooner or later, so Wang Guorui used this gold standard system in advance. And this gold bullion standard system can use a small part of gold to issue a large number of currencies, and then it is actually a credit standard system in essence. And this is the most suitable for Taiwan's current system. It can use the least amount of gold to implement the gold standard system, and it can also prevent foreigners from manipulating Taiwan's currency economy as much as possible.

Everyone is also very satisfied with this gold standard system. This method not only allows them to issue gold standard system banknotes, but also prevents foreigners from coming to use their economic strength to influence themselves. And this is actually using the government's coercive ability to formulate rules on its own territory, and then prevent foreigners from interfering in its own economy. Therefore, there is no best system, only the most suitable system, and this is the most suitable system. With this gold bullion standard system, even the British can't use their huge economic strength to interfere in Taiwan. If they should interfere in Taiwan, then they will be skinned layer by layer by the Taiwan government using public power, and in the end the British will not be able to achieve the effect they want. This is the gold standard system with Taiwanese characteristics, and it can make many people feel helpless.

"Okay, let Taiwan's central bank start printing banknotes immediately, and then pay attention to anti-counterfeiting work~www.readwn.com~ And, to do a good job of publicity, we will gradually convert them into banknotes in Taiwan in the future, and currencies such as silver and copper coins will be They are gradually excluded from our Taiwan market, so that we have to focus on banknotes. And we have to do a good job of explaining, so that people understand the reason why we implement the gold bullion standard system. But I believe they can still understand, after all, most Most ordinary people do not have much capital, and it is impossible for them to come and exchange those gold in large quantities. Gold is something that cannot be eaten or drunk, and we are not gold coins, but gold nuggets! So I don’t think ordinary people will come Those who exchanged, I am afraid that the vast majority of those who exchanged gold were tricked! At that time, those who want to exchange gold in large quantities must be strictly investigated to prevent them from being spies sent by foreigners." Wang Guorui Said.

And Li Minxian immediately said: "Okay, I will prepare right away, and then prepare to process this banknote. Try to print a large number of them within two days."

Li Minxian can easily print banknotes. After all, printing banknotes is not difficult, the main thing is to cut gold reserves. Therefore, a lot of banknotes can be produced within two days.

Soon, all talk of the gold standard could be over, too. And this time the gold standard system, in fact, has been specially processed in Taiwan, and it is not the gold coin standard system of the Westerners at all. And this so-called "gold bullion standard" will have a huge impact on future monetary policy, even affecting the whole world. (to be continued)