It's December, the end of the year. Pen ~ fun ~ pavilion www.biquge.info

1978 was a very ordinary year for Hong Kong, but it was a earth-shaking year for the mainland.

This year, there have been too many things happening in the mainland that can affect the overall situation, and in the final analysis, there are actually a lot of things to do with Xiangjiang.

For example, the connection between Hong Kong and the mainland is getting closer at a rapid pace.

The opening of shipping in Guangdong and Xiangjiang in November is just the beginning.

Starting from next year, Hong Kong will realize what it means to enjoy the shade with its back against a big tree.

Tens of billions and hundreds of billions of materials are constantly imported into the mainland through Xiangjiang, an international trade port.

Xiangjiang relied on this to make a lot of money, and until the Asian financial crisis in 97, they enjoyed extremely powerful dividends.

Basically, Xiangjiang's urban construction, environmental construction and welfare construction were also established during this period.

Therefore, we will all see that Xiangjiang is very good in all aspects, and it is all because they do business with the mainland.

As for the boasts of some Xiangjiang people themselves at that time, their success was established in the international financial center...... Soros and they could only laugh when they heard it.

In addition to the transit of various materials into the mainland through Xiangjiang, Xiangjiang's own industry has also quickly entered the mainland market, which is extremely demanding, and has made a lot of money in the past ten years.

The real estate merchants in Xiangjiang are even more lucky, they just caught up with the comprehensive construction of commercial housing in Huaguo, until 2020, the land of Huaguo is full of their traces, and the money they have earned is countless.

Xiangjiang belongs to China, but due to historical reasons, the currency of Xiangjiang is not the same as that of the mainland.

But many people don't know that until 1935, the monetary system and exchange rate system of Xiangjiang were linked to the silver standard system in China.

However, in 1935, the United States began to buy silver in large quantities, which put the silver standard in a collapsing situation, and then the Hong Kong currency was pegged to the more stable pound sterling.

But in the early 70s, as the Americans played the scoundrels to the extreme, the Bretton Woods monetary system collapsed, and the Hong Kong dollar was forced to implement a floating exchange rate system, and even to today's independent floating exchange rate system, and then in 83, the Hong Kong dollar set a fixed exchange rate of 7.8:1 with the US dollar, which has not changed until 2020, when Yin Jun returned.

Money itself has no value.

In the words of some people who like to pretend, money is fucking paper.

This statement is still very true to a certain extent.

Money, or money, is valuable because it represents a country's credit.

Take the British pound sterling, which has been rampant in the world for more than 100 years, when Great Britain was an empire on which the sun never sets, the pound sterling represented gold and was used all over the world.

But the British were also stupid, or when they didn't have a good environment and a good time, they didn't print money like Uncle Sam did later, holding a money printing machine, so as to plunder the resources and wealth of various countries through pieces of paper.

After World War II, when the United States established the Bretton Woods monetary system, the dollar actually began to dominate. -- Gold is directly pegged to the U.S. dollar, which means that the whole world recognizes that the U.S. dollar is equivalent to gold.

In fact, if you don't admit it, there is no way, most of the gold has been deceived into the New York vault!

Here is also an explanation of what the Bretton Woods monetary system is.

To put it simply, this is the US Treasury Secretary who deceived the heads of Western countries into Bretton Woods, New Hampshire, USA, saying that everyone has worked weekdays, and I ask everyone to relax and be happy.

And then in the middle of the feast, he told them, "Now, there's war everywhere, and you see it's not safe for you to keep your gold at home, and we've built a big vault in New York, and how about you put your gold here? We don't charge a penny for management."

Also, we are going to make a monetary system pegged to the dollar and gold, 35 dollars for an ounce of gold, this promise is always valid, you can change it at any time. How good is this, you don't have to mention gold when you go out to trade, you can just take dollars, it's convenient and safe, right?"

Then the stupid everyone believed it and thought that the American brother was so caring.

Then, when the economy is shaken, the United States causes trouble everywhere, the credit of the dollar is greatly reduced, and countries have to get rid of the dollar one after another, according to the agreement of the Bretton Woods monetary system, in exchange for gold to go home and put it away, ready to use it when buying things in the future.

The United States looks, yo ho, what do you mean by this, dare not use our dollars?

Well, I won't admit it! You take the dollar, I won't exchange the gold with you!

If the United States does not admit its account like this, the whole world will be stupid.

But they have no way to take this number one scoundrel, you can't beat them, you can only suffer this big loss, and the United States has been deceived of so much gold in vain.

Of course, even if the United States plays such a trick, the dollar is still relatively secure compared to other currencies.

In addition, at that time, the U.S. economy continued to take off, and U.S. goods and U.S. companies appeared all over the world, so in this case, the U.S. dollar gradually became the world's settlement currency.

What is the settlement currency?

It is the currency in which the value of business between countries and between enterprises in other countries is the currency in which enterprises in other countries do business, and in simple terms, it is the money used to buy things.

Since the beginning of the Bretton Woods monetary system, the world has actually established a system with the US dollar as the settlement currency, and the currencies of other countries are not recognized, that is, they dare not believe in your value preservation.

In fact, this settlement currency, that is, the US dollar, is still equivalent to gold.

The United States relies on the advantage that the dollar is the only settlement currency in the world, and as long as it runs out of money or has an economic crisis, it desperately prints dollars and takes them out to exchange things, so as to avoid losses in its own country and pass on all losses to other countries.

This is the most important reason why the American people can live so well.

This is why, when the yen was ambitious to become the second settlement currency, it was beaten by American dads to the point that even their mothers could not recognize it, and the economy did not grow in 30 years from the 90s to 2020.

This is also why, after Japan, when the euro also wants to become the second settlement currency, the American brother will brazenly lay out the European debt crisis, knock Europe into the abyss in one go, and successfully let Britain leave the European Union.

This is also an important reason why when China wants to try to implement the RMB settlement system in the Asian region, especially in Southeast Asia, the United States will repeatedly target and suppress China!

If you can also become the world's settlement currency, then how can I play with the United States?

So no, let me die!

That's what the Americans really think.

Only when the interests are related can we see their hideous, merciless cruelty.

Okay, let's leave that out of the way.

Let's just talk about the current Hong Kong dollar in Hong Kong and the current renminbi in the mainland.

Over the years, the Hong Kong dollar has implemented a free exchange rate, that is, the government does not care about the fluctuation of the exchange rate, and allows it to rise and fall freely under the influence of the market.

But roughly speaking, the exchange rate of the Hong Kong dollar against the US dollar in the past two years has been 4.6:1, which has not changed much.

The renminbi is now 1.58:1 against the dollar, which is also a fixed exchange rate.

However, this exchange rate is not of much reference value.

This year, the interior has also begun to reform, reform, and open up, but at this time, the country's dollar reserves have not totaled tens of millions, and people can have millions or millions of dollars for a single machine tool, and the equipment of aviation and military science and technology is even more frighteningly expensive.

Therefore, the country has implemented a dual-track exchange rate system, and this dual-track exchange rate system has not changed until 2020.

What is the dual exchange rate system?

If you are doing business with a foreign company and generate income, the dollar is not allowed to be used directly when you take it back to China, and you need to go through the People's Bank of China of the country to convert it into RMB for you, and then give you the RMB for you to use in China.

This part of the exchange is called the internal settlement price of the foreign exchange of trade.

On the other hand, for example, labor exports, overseas Chinese remittances, donation remittances, etc., are another exchange rate, which is called the non-trade foreign exchange rate.

The combination of these two foreign exchange methods is called the two-track exchange rate system.

The current 1.58:1 refers to the foreign exchange rate of the trade fee, which is basically taken to people, in fact, this exchange rate is not used at all when the country settles with the enterprise.

If foreigners come to China, they must also exchange foreign exchange coupons, which is the 1.58:1 exchange rate that is implemented for external identification, but now there are not many foreigners coming to China, and there is usually not much that can be exchanged.

The dual-track exchange rate system implemented by China has actually seriously underestimated the exchange rate of the renminbi, and of course it has been artificially maintained at a low level.

As a direct consequence of this, the actual currency exchange situation is completely different from the official exchange rate.

For example, the exchange price between Hong Kong dollars and RMB, according to the middle price of the US dollar, should be 2.9:1, that is, 2.9 Hong Kong dollars, in order to exchange for 1 yuan.

But in fact, now in the black markets of Guangdong, Huhai and Huajing, 2 Hong Kong dollars can be exchanged for 1 yuan, and even if the amount of your Hong Kong dollars is very large, this price can still have a lot of discounts, and you can also give you more yuan.

Why is there such a difference in exchange rates?

It's easy!

Because Hong Kong dollars can buy things in Hong Kong, but RMB cannot!

Those brokers who exchanged renminbi for Hong Kong dollars bought gold jewelry, watches, televisions, refrigerators, clothes, and so on in Hong Kong with Hong Kong dollars, and then took them to the mainland to buy them, and many of the prices could be doubled by two or three times or even seven or eight times!

If you invest 10,000 yuan, you can get a profit of 350,000 yuan, and even if you deduct all the expenses, you can have more than 100% profit.

With such a big profit, how can you say they don't like to exchange yuan for Hong Kong dollars?

Why do these people make so much money?

There are many reasons for this because many of the commodities in Xiangjiang cannot be sold openly to the mainland, but it is precisely because of this restriction that these brokers and those who resell the products can make a fortune.

At present, there is no such large-scale trend of exchanging Hong Kong dollars, but as the economy of Xiangjiang becomes more and more developed, and the demand in the mainland becomes more and more vigorous, sooner or later, those speculators in the mainland will set their sights on this foreign exchange exchange.

This is different from the purchase of milk powder, diapers and other products after 2008, at that time, because the quality of products in the mainland has lost credibility, so everyone is willing to go to Xiangjiang to buy qualified products for the sake of children.

Nowadays, everyone is purely for the price, for the incomparably huge profits!

Not to mention now, in 2020, there are still a lot of people who specialize in sweeping goods from Xiangjiang to the mainland to sell, specifically earning this exchange rate difference?

The iPhone is a good example, how many scalpers in the mainland market feed Xiangjiang?

So Yin Jun can imagine that around this price difference and product scarcity, many people soon began to think about this business.

In fact, many people in Hong Kong have become millionaires and multimillionaires by reselling various products to the mainland, and they are still reminiscing about this golden age until 40 years later.

Between '79 and '97, there was a strong demand for all kinds of popular products in China, which was beyond anyone's imagination, and it felt like the mainlanders could buy all the goods from all over the world.

In Xiangjiang during this time period, people are only worried that there is no supply to sell, but they are not worried about not being able to sell.

Of course, it is impossible for Yin Jun to get involved in this kind of business.

To put it simply, these people are sailors, and to put it more complicatedly, they are speculators who take advantage of loopholes.

If you want to do business with the mainland, the more innocent the better, and the simpler the better.

Otherwise, if you want to do a business of millions or tens of millions, the mainland may not care much about your behavior of exploiting loopholes, but if you want to do big business, such as undertaking the construction of ports in the mainland, such as building CBD central business districts in the mainland, such as building highways in the mainland, etc., then in addition to being strong, you really have to have a good character.

In fact, this is true all over the world.

People like to do business with honest, conscientious, and trustworthy people.

Therefore, Yin Jun never had the idea of this from the beginning.

It's just that Yin Jun has considered using Hong Kong dollars to buy mainland talents.

Who doesn't want to have enough food and clothing to bring better living conditions to their families?

As long as they have that in mind, it's time for the Hong Kong dollar, which has a strong purchasing power, to do its job! )