My Siheyuan Shelter

Chapter 290 International Currency
After talking with his father, Xu Bin regained his composure. He didn't talk about his daughter's work, nor about Xu's father's company, and devoted himself to Panjiayuan.

Sure enough, it was worthy of being a sacred place for collections. There are not too many good things here, which opened his eyes and gained a lot.

However, in just a few days, Xu Bin found a lot of things. He also knew that his skills were limited, so most of them were gold and silver jewelry.

After going through all this trouble, he not only spent a few 100,000 yuan from his bank card, but also borrowed a full 200,000 yuan from Xu Dong.

By the time Tan Aifang found out, it was already too late, so she could only hold a "public trial meeting" with a large family.

"Boss, why do you buy so many jewelry?" Madam Xu asked.

"What else can I do? Of course I'm collecting it. Money is worthless now, and gold keeps its value." Xu Bin spoke eloquently.

Tan Aifang choked with sobs: "Then you don't need to buy so much. My daughter will graduate next year, and it's time to spend money. You are not a child, how can you be so willful?"

"Mom, how much can I spend if I don't take the postgraduate entrance examination after graduation?"

Xu Jingyi immediately stated that her major was liberal arts, and the postgraduate entrance examination was very difficult. She didn't have much confidence in herself and planned to work as soon as she graduated.

And the place of work can only be Yanjing. In order to achieve this goal, she didn't even find a boyfriend in school, for fear that she would be dazzled by love.

In fact, her parents had long wanted to come to Yanjing, she couldn't be so selfish.

"That's right, sister-in-law, please be more careful. Eldest brother is still very measured. All he buys is gold, which is easy to cash out." Yang Lina helped persuade.

"Believe me, the price of gold will definitely skyrocket next year." Xu Bin said confidently.

Father Xu said impatiently, "Where did you hear that?"

"Isn't this obvious? Now that the international dollar is weak and there is a lack of a recognized international currency, is there any currency that is more reliable than gold?"

"Why not?" Xu Dong asked.

Xu Bin looked at his brother with disbelief in his eyes: "Okay, you said yes, then tell me which country's currency is it?"

Xu Dong directly took out his wallet from his trouser pocket, and then pulled out a hundred-yuan bill from the wallet:
"Hey, that's it."

"What? You mean...how is this possible?" Xu Bin was shocked.

Xu Dong put the hundred-yuan bill back into his wallet, and then explained: "Last year, although there was no statistical data on the GDP of countries in the world, it can be generally deduced based on the total power generation of each country."

"Third, tell me carefully." Father Xu became interested.

Xu Dong nodded.

"In our company, there is a statistical data on the total power generation of countries in the world. Although it is not 100% accurate, it is also close to ten.

According to that data, the total global power generation last year was about 6.2 trillion kilowatt-hours, which is only equivalent to a quarter of a normal year. Guess how much domestic electricity accounted for? "

"How much?" Xu Bin asked subconsciously.

"It's almost 50.00% eight, do you know what this concept is?"

After all, Xu Jingyi is a college student, and her brain reacted quickly: "Uncle, is this the same percentage of our country's GDP?"

"Although it is neither middle nor far away, given the current international situation, our domestic GDP is expected to account for about 50.00% of the world economy, which is higher than the previous beautiful country."

"so what?"

Xu Bin, a rough old man, graduated from high school, and has been there for decades. He doesn't understand any economic principles at all. The so-called gold price theory was also bragged by people in gold shops.

"What? Such a high proportion of GDP, that is to say, more than half of the world's goods are produced by us, especially since we are still a traditional manufacturing country, the proportion is estimated to be even higher."

Xu Jingyi helped to add: "Uncle, what I mean is that we control the pricing power of most commodities in our country, so the so-called international currency is naturally out of the question.

Think about it, what would happen if the goods sold in our country were only settled in Daxia coins?
This is much more bullish than any oil settlement, and there is no way around it. Unless we are self-sufficient, we can only accept our country's currency as the new international currency. "

"Papapa... Jingyi is right!"

Although Xu's father didn't understand much, he was greatly shocked, and his granddaughter didn't get into college in vain.

"Papa..." the children followed suit.

Xu Bin was also at a loss. He looked at his daughter eagerly: "Jingyi, Dad doesn't understand what you said. Just tell Dad, will the gold price skyrocket next?"

"Anyway, I don't like it."

Xu Jingyi shook her head. After all, she was not a professional, and her knowledge was limited, so she could only make a rough analysis.

But Xu Dong is a reborn person. He knows the general trend of gold prices well, but he knows a general idea.

"Boss, you should give up on this idea. The price of gold is basically at this level. It may drop slightly in the next few years. If you want to get rich, it's better to buy a lottery ticket."

Xu Dong teased.

Hearing this, Xu Bin was greatly shocked, with confusion in his eyes.

Xu's mother took the opportunity to interject: "The lottery is even more unreliable, boss, don't listen to the nonsense of the third child."

"Uncle, should we sell all our gold jewelry?" Tan Aifang asked.

"If you are not short of money, you can store it for ten or eight years. My brother is right. Gold is indeed more valuable than depositing in a bank."

But only in relative terms.

At this moment, Xu Bin seemed to have grasped a life-saving straw: "Third brother, as you said, if you save for ten years, how much profit will you get?"

"Can't say how much profit."

Xu Dong shook his head, "Let me give you an example, if it is 10,000 yuan, even if it is deposited in the bank, it will depreciate by about [-]% to [-]% after ten years.

And switching to gold, at least [-]% to [-]% of the purchasing power is still quite good. If there is no suitable investment channel, switching to gold is also a good choice. "

"Isn't that still a loss? It's just that the more you lose, the less you lose?" Tan Aifang was disappointed.

Yang Lina asked curiously, "Husband, is there any way to preserve value?"

"Investment, only investment can preserve value, but investment is very risky, and now the stock market has been closed for several years, and there are restrictions on buying houses. Overall, investment channels are very lacking."

Dad Xu waved his hand: "Our family has a company, so don't worry about currency depreciation, you all can relax!"

"Dad is right. As long as we manage the company well, our family's wealth will only increase, and will not shrink."

"Is it shrinking or not?" Xu Ma got up and hugged Dabao, "It's enough to have food and drink, why do you need so much money?"

Mama Xu has inspected the bakery several times recently, and she is so moved after seeing the hardships of the workers.

"Mom is right. Mountains of gold and silver are not as good as a warehouse full of food." Xu Dong gave a thumbs up.

ps: Ask for recommended tickets and monthly tickets!

(End of this chapter)