flstandardbreds Chapter 338 New Monetary Policy
Chapter 338 New Monetary Policy
The moment Tang Xiaoyu appeared in the conference room,
The whole venue fell silent instantly,
Everyone looked towards Tang Xiaoyu.
"On the issue of currency reform, I would like to make two suggestions.
First, establish two sets of monetary policies, one set is in line with the universe and directly uses Cosmic Coin as the currency unit.
The other set is the currency in circulation within our planet - the Federation Coin.
First of all, we cannot avoid the importance of Cosmic Coin in the future era of interstellar navigation. Therefore, the first set of monetary policies should directly adopt Cosmic Coin as the currency unit. As humans enter the age of interstellar navigation, Cosmic Coin will become our main currency for transactions in space. In order to ensure that we remain competitive in the future cosmic economic system, we need to start using Cosmic Coin as soon as possible.
Secondly, the second set of monetary policies should adopt a digital currency model and be directly tied to citizen information. Digital currency has the advantages of convenience, security, and transparency. It can effectively improve the efficiency of currency circulation and reduce currency circulation costs. It can also better protect citizens' privacy rights. Binding digital currency to citizen information can effectively prevent currency abuse and money laundering and other illegal activities.
To sum up, I believe that these two sets of monetary policies can effectively solve the problems existing in the current monetary system, and at the same time, they can also fully prepare for the future era of interstellar navigation. "
As soon as Tang Xiaoyu finished speaking, the crowd immediately started talking.
Everyone has no opinion on the two sets of monetary policies themselves.
The opinions mainly focus on two points. First, directly bypass physical currency and enter the era of national digital currency. Wouldn't it be too fast to do this?
After all, in some underdeveloped areas, there is not even one mobile phone per person, and there are many areas where there are many illiterates. It is unrealistic to allow these people to use digital currencies.
Second, there is the issue of the amount of new currency.
How much new currency should be given to each country and region, and even to each individual citizen?
What is the exchange rate between the new currency and each country's original currency?
How to solve the original debt problem?
How should those fixed assets be priced?
How to price those intangible assets?
Tang Xiaoyu listened to the various questions raised by the representatives in the audience and answered them directly on the spot.
"First of all, regarding the debt issue. Aren't you going to establish eight regions?
I suggest directly canceling the original debts of African countries, South American gangs, and Chinese gangs.
Now that all the members are here, let's just vote on the spot with a show of hands. "
After hearing what Tang Xiaoyu said, people from the three major states would definitely raise their hands in agreement.
The combined number of their representatives has already exceeded two-thirds. Even if the remaining people are all opposed, it will be useless.
As a Chinese, Tang Xiaoyu must blatantly support China.
Originally, only the debts of Africa and South America were to be forgiven, but Tang Xiaoyu casually added China, directly making China the biggest beneficiary of this resolution.
There is no need to hide this. We have many people and our guns are strong. You can do whatever you want.
Although Western representatives also had complaints, no one dared to question Tang Xiaoyu publicly.
Soon, the voting results came out.
"Four hundred and forty votes were in favor and one hundred and twenty-six were against. More than two-thirds of the delegates voted in favor and the resolution passed."
As the results of the artificial intelligence vote came out, the representatives from Asia, Africa and Latin America happily clapped and celebrated, while the Western representatives were all silent.
Tang Xiaoyu pursed his lips and smiled, then continued:
“After canceling the debts of these big countries, the remaining debts are basically the internal debt problems of each big country.
The federal government recognizes these debts, and you can just settle them slowly in the future. "
"As for the number of new currencies issued, my suggestion is to set no upper limit and issue as much as is needed."
As soon as Tang Xiaoyu said these words, the scene exploded.
No cap? Print as much as you want?
This is too childish!
Now, even the Chinese representatives could not sit still.
Tang Xiaoyu shouted loudly, like thunder, which shook the whole audience down.
"Listen to what I have to say.
The ownership of fixed assets and intangible assets will not change, so there is no need to calculate their value in new currencies separately.
In this way, the amount of currency issuance is greatly reduced.
If these fixed assets need to be sold, it is naturally up to the buyer and seller to define its value.
If there is a shortage of currency at that time, the total amount of currency can be increased at any time.
After the implementation of digital currency, the original banking system has lost its function.
In theory, only one artificial intelligence brain can monitor all financial movements in the world.
Whether it is a transfer between units or a transfer between individuals, it can be operated directly without going through a third party.
By then, criminal activities such as corruption, tax evasion, money laundering, and telecommunications fraud will be fundamentally eradicated.
In addition, the local circulation of currencies of various countries will not be banned for the time being. Citizens and individuals can use bank deposits and cash to exchange for new federal coins.
The exchange ratio refers to the original exchange rate of each country. For the time being, the RMB and the US dollar are used as the main reference objects.
The exchange ratio is: 1 federal currency = 2 RMB = 1 US dollar.
There is also the issue of citizen identity information. I will set up citizen information collection points in densely populated areas of the eight major states and issue electronic citizen documents.
In principle, it is mainly voluntary and citizens will not be forced to collect.
Everyone has the right to choose their own way of life.
They can reject high-tech digital life, but accordingly, they have to bear the inconveniences brought by primitive life.
In the future, all large federal public facilities can only be used by people who have collected personal information from citizens. "
After Tang Xiaoyu finished speaking, he announced that everyone would be given half an hour to discuss. After half an hour, the currency resolution would be voted on.
The people present were all elites in human society, so they naturally understood the meaning of Tang Xiaoyu's words.
After intense discussions, everyone discovered that the new monetary policy seemed simple and crude, but it solved almost all problems.
New possibilities have emerged for a difficult problem that was originally impossible to reach a settlement.
It is obviously impossible to satisfy everyone with this kind of global monetary policy reform.
But as long as a majority of people find it acceptable, it's a policy worth passing.
Half an hour later, representatives from all parties picked up the voting machines again.
After the final vote count by the artificial intelligence computer, the new monetary policy was approved with 420 votes in favor, 100 votes against, and 26 abstentions.
The biggest problem in establishing the human federation has been solved, and the remaining problems can no longer constitute obstacles.
The nearly 5,000-year history of division between mankind and the emergence of the concept of nation has finally come to an end.
A new chapter for Earth's civilization is slowly unfolding.