Rebirth: Starting from Cross-Border Trade
89 What about inflation? Buying assets! 2/n

Wild Age

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Chu Yue said,"Uncle, it's fine as long as you have this idea. In my opinion, in addition to the banks, the railway, and the communications, the key to the country's security. Most of the state-owned factories, such as canning factories and textile factories, had to go through the joint stock system or private ownership.”

"Even the factory guards know that it would be more exciting to work for themselves.”

"This is the trend. It can't be stopped."

"Furthermore, the policy allows it. It's better to follow the trend and the policy sooner than later.”

"Yes, yes, yes! I think so too!" Chu Jianjun nodded repeatedly.

Chu Jianjun also noticed this.

Chu Yue nodded.

He said," I've made some money from cross-border trade in the past six months. It's not very useful to just keep the money. According to international laws, the money will definitely become more and more worthless in the future. It's better to invest it to buy assets.”

"My dad has other ideas, but Uncle, you want to be a private entrepreneur. I support you and I'm willing to invest.”

"I believe in your ability, Uncle, and I also think that you can make a career out of it.”

" Chu Yue…You are really…" Chu Jianjun was touched when he heard this.

Chu Yue smiled.

What he said was the truth.

Moreover, Chu Yue had considered this matter before.

In 1990, the price level was not much different from 1989.

However, it would be a different story next year.

In 1991, due to the accumulation of various factors, the amount of money in China increased by 77.6%, which was unprecedented.

On the one hand, this stimulated the domestic economy to accelerate its prosperity, but on the other hand, it also brought about an inevitable rate of inflation.

The performance was the soaring prices.

Nominally, the domestic price level had risen by less than 3%.

But in reality, the common people felt that the actual price of goods was not the case at all. In the vegetable market, the aunties found that everything had risen. Pork was expensive, eggs were expensive, and even the cabbage that was not worth much in the past was expensive. Everything was expensive.

In order to balance the contradictions, the country had a general wage increase in 1991.

The salary increase in one year had exceeded the accumulated salary increase in the past ten years.

Nowadays, not many people really understood the term 'inflation', but the common people also had their own wisdom and way of saying it. Everyone knew that' money became hair'.

Fortunately, his salary had also increased, so there were not too many domestic conflicts.

Chu Yue knew about this.

Not only did he know about inflation, but he also knew how to fight it and benefit from it.

That was to buy assets!

In layman's terms, money was worthless. Things that could be bought for one yuan in the past were now worth 1.5 to 2 yuan.

The only thing that could resist the effects of inflation was assets.

Factories, land, bulk goods, and houses were all assets.

The prices of goods soared, but so did the prices of assets.

If they kept the money, it would depreciate. However, if they had assets, not only would they not depreciate, but they would even appreciate!

As long as he had assets in his hands, he would not be afraid of losing money!

Chu Yue now had close to 100 million yuan in the company's accounts, all in cash.

Moreover, there was also the cash flow from the Big Brother trade.

Although cash was good, it was the fastest to go bankrupt when there was an increase in currency.

The amount of money that they held would be the amount of losses they would lose.

There was a joke about someone who lived frugally in 1987. He ate salted vegetables and porridge every day and saved 30,000 yuan. He became a so-called 'ten thousand yuan household'. He felt that he was stable. According to the later words, he was' financially freedom'. He finally became rich.

Therefore, he deposited the money in the bank. He felt that the annual interest was enough to live on, so he saved it for twenty years.

In the end, twenty years later, he was still eating salted vegetables and gruel.

In the past, she would laugh while eating, but now, she would cry while eating.

The joke sounded funny, but if it became reality, it would be too tragic.

Therefore, Chu Yue had to spend all the RMB cash in his hands before 1991. He had to spend as much as he could and buy as many assets as he could. It would be best if he did not leave any money on the account except for the purchase of goods.

Invest in Chu Jianjun was a good place to spend money.

Chu Jianjun was very excited at this time, but he was also a little worried. He said,"Chu Yue, I'm really touched that you can say this!”

"But, if you want to invest in my light textile mill, you will definitely spend a lot of money. Our old man is here, so he definitely won't take advantage of the country. However, according to my estimation of the value of the light textile mill, if you want to privatize it, it will cost at least six to seven million yuan.”

"It's a lot of money, but it's worth it." Chu Yue smiled.”

"In the future, when Rong City develops, the land will definitely become more and more valuable. Actually, let's not talk about how the factory is doing. Just the land alone is worth this money.”

What Chu Yue said was the truth.

He didn't expect the textile factory to make much money.

It was mainly land.

The light textile factory was very big, and the land was much bigger than the canning factory.

The geographical location was not bad either. It belonged to the same level as the canning factory in the future.

As long as he could invest in the privatization of the joint stock system, even if he did not do anything from now on, he would be able to earn hundreds of millions or even billions of yuan when the land was developed.

What Chu Yue was talking about was the future trend. Chu Jianjun might not really understand.

However, Chu Jianjun would know in the future how prophetic his words were.

Chu Jianjun thought for a while.

He looked at Chu Ziqiang and asked,"Dad, do you think this can be done?"”

"As long as you don't take advantage of the country and don't break the law, I don't care what you do.”Chu Ziqiang said.

Chu Yue smiled when he heard that.

Grandpa was not an old-fashioned person. He would not object to such a policy.

The old man was not averse to the idea of privatizing the company.

In fact, people who came later always had misunderstandings about the very old.

He felt that the stock system, the privatization, and the market economy were all new things. The old man didn't quite understand.

However, this was a little ridiculous.

Is the share system something new? Was the market economy something new?

It wasn't at all!

Before the founding of the People's Republic of China, China had implemented private ownership. It was a market economy!

Moreover, even after the founding of the People's Republic of China, from 1949 to 1955, China's main economic model was still a market economy, privatization, and a joint stock system. It was just an attempt at nationalization and a planned economic reform.

In 1955, the government announced that the nationalization of the private economy had been completed. However, for more than a decade, they still carried out an economic model called 'public-private partnership'.

Chu Ziqiang was from that era.

The share system and the privatization were the contents of his earliest memories, so he did not find them unfamiliar at all.

At most, he felt that he had returned after one round.

When Chu Jianguo and Chu Jianjun were young, they had also seen privatization and the stock system, so they were not unfamiliar with it.

Therefore, it was not difficult for him to accept it.

According to the old master, if you don't break the law or take advantage of the country, you can do whatever you want.

Seeing that the old man had made the decision, Chu Jianjun was also relieved.

He said to Chu Yue,"Since the old man has spoken, I'll let go and open my mind!"”

"Xiao Yue, tell me, I really want to do it!”

"But I know that I'm not the key to this. It's mainly your investment.”

"Although I'm a little embarrassed, I think we should talk about how to ensure that your investment will yield returns and how to do this specifically. I don't want you to suffer losses because you trust me!”

Chu Yue nodded.

What Chu Jianjun said involved the distribution of benefits.

There had to be a method that satisfied everyone before this matter could continue!

This book comes from:m.funovel.com。

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