Dreaming back to 1949, the great powers were there to deceive us

Hu Zhenhua pulled Xu Youcai aside and asked,

"Isn't Chongming Development Bank out of money? Where are you going to get the money to buy the machines?"

Xu Youcai looked incredulous and asked,

"How could the bank be out of money? Our loans haven't been affected!"

Well, this guy is still in the dark and knows nothing!

Hu Zhenhua took out a few hundred yuan and handed it over.

"Uncle Xu, I have something else to do. Please treat the villagers to a meal of mutton noodles for me. If there is any money left, buy some gifts and share them with everyone!"

Xu Youcai rubbed his hands.

"How can this be so embarrassing? You always give me gifts every time we meet!"

"What are you talking about? A guest has come to my house, so how can I, as the host, not show some appreciation? When I return to your village, won't you treat me with good food and wine?"

"I will definitely kill pigs and sheep!"

"It's over now!"

After parting with him, Hu Zhenhua was about to leave when he was stopped by Andy Hui.

"Mr. Hu, listening to your words is worth ten years of reading. Your understanding of socialism and capitalism is refreshing. I wonder if we could discuss this aspect."

Hu Zhenhua laughed and said,

"Of course, but I have something to do today, so let's make another appointment!"

Although Xu Zhian came with Xu Youcai, who can guarantee that he is reliable?

To be on the safe side, you still have to be careful.

When Xu Zhian saw Hu Zhenhua was about to leave, he quickly said,

"Mr. Hu, I just want to ask one question: What is socialism with Chinese characteristics?"

This question hits the nail on the head!

Hu Zhenhua was very sure that this person was definitely an important figure in Jiangbei because he had a very strong ability to extract information.

"Mr. Xu, socialism is an imported product, and we have taken many detours. For example, during the period of the anti-encirclement and suppression campaign, we blindly followed the Communist International, which resulted in huge losses. I don't need to elaborate on what happened later. This is true in the political and military fields, and it is also true in the economic field. We must combine China's actual conditions and forge a path that suits the Chinese people. This is socialism with Chinese characteristics. If I were to summarize it in one sentence, it would be: public ownership is the main body, and multiple ownership systems coexist!"

Andy Hui took out his notebook and wrote down Hu Zhenhua's words.

He looks serious, like a student.

Xu Zhian saw something on the notebook and asked,

"If Xiaowangzhuang expands rapidly—for example, if its factories need to employ 1 workers, and there are only 300 households in Xiaowangzhuang—wouldn't all the villagers in Xiaowangzhuang become exploitative capitalists?"

Xu Zhian's worries have actually come true. Due to lack of manpower, Xiaowangzhuang began to hire people from other villages. This move caused concern among many people.

Hu Zhenhua took out a cigarette from his pocket, took out a cigarette and handed it to him, saying with a smile,

"Public ownership is the main body, and it's not just about ownership; it should also be reflected in the distribution of profits and taxation! The sugar factory's profits should be divided into three parts: 30% for taxes, 40% for all employees, and 30% for shareholders, meaning all the villagers of Xiaowangzhuang!"

After finishing recording, Andy Hui laughed and said,

"If we follow this distribution method, public ownership will indeed be the main body!"

Because of taxes and employee dividends, a total of 70%.

Hu Zhenhua decided to make a few suggestions.

"Your party must have the foresight to allow some people to get rich first. Otherwise, whether you do well or not, it won't matter. How can you motivate people? Don't be jealous. Xiaowangzhuang has become prosperous because of their hard work. They've expanded their business, providing jobs and ensuring tax revenue. Isn't that a great contribution to society?"

"Yes Yes Yes Yes!"

In fact, Hu Zhenhua also wanted to mention personal income tax, but then he thought better of it.

For some things, if you are half a step ahead, you are a genius, but if you are one step ahead, you are a madman.

Hu Zhenhua continued,

"The government shouldn't interfere with business operations. For example, when a sugar factory distributes dividends to its workers, whether it gives 40% or % must be determined based on the company's operating conditions."

Andy Hui immediately asked,

“What if someone doesn’t give a cent?”

Old Hu asked back,

"Would you be willing to work for such a boss?"

Andy Hui smiled.

“That’s how the market allocates resources, right?”

"That's right, human resources are the most valuable resource!"

Suddenly, Xu Youcai's shout came from a distance.

"Mr. Xu, we have to go somewhere else!"

"Coming!"

After Hu Zhenhua and Xu Zhian parted ways, they immediately went to Chongming Development Bank.

He had to find out where the money was coming from.

Money is not like leaves on a tree that will fall off when the wind blows.

Hu Zhenhua walked to the door of the bank and suddenly saw something unexpected: a banknote!

Chongming Development Bank banknotes.

Old Hu staggered and almost fell to the ground.

The reason why the banks in Shanghai were fleeced twice was because of banknotes.

It’s my own company, how could it be so?

Is it the cycle of karma?

If the banknotes cannot be redeemed, it will have a huge impact on the company's reputation in the future.

In other words, banks cannot be allowed to fail now!

If they don’t go bankrupt, how can they fleece the United States?

Hu Zhenhua found Zheng Xipo, slammed the banknotes on the table, and shouted angrily,

"Explain! Who authorized you to issue banknotes?"

Zheng Xipo was so busy that he kept signing the documents while saying,

"I'm the bank president, of course I approved it!"

He handed a document to his subordinate and instructed,

"Release this money immediately. Also, send someone to You County for an on-site inspection!"

"Yes!"

After everyone left, Zheng Xipo brought Lao Hu a cup of hot tea and said with a smile,

"Chairman, subsidiaries are responsible for their own profits and losses. This is the rule you set. I have the right to decide the company's business strategy and direction! Besides, I want to ask for your instructions, but you, the chairman, have gone to work as a soldier. I can't even see you!"

Hu Zhenhua was choked. He adjusted his mood and asked,

"Do you know how much of a burden this will put on the banks?"

I could have gotten more than 2 million for free, but now I can’t even die!

Zheng Xipo is a core member of TA company, how could he not know what Lao Hu is planning?

"Chairman, the company's business strategy isn't static. We should choose whatever is advantageous. Take the industrial zone, for example. We've discovered during transactions that the shortage of US dollars has become a significant factor restricting its development. Do you know how much our daily trading volume is? 20 million US dollars! If I weren't afraid of a backlash from the US, I would simply issue a new currency!"

Hu Zhenhua suddenly thought of something.

If the two countries become hostile in the future, the prospects of the US dollar will be worrying. If the RMB is used directly for settlement, the West will not accept it. It seems that an intermediate currency must be used as a buffer.

Banknotes are obviously a good choice.

Rice and banknotes are freely exchangeable, and banknotes are freely exchangeable with RMB.

Isn’t that how you play Hong Kong Dollar?

Finance may sometimes seem unnecessary, but in fact, it can solve many problems.

Zheng Xipo's smile was very cunning.

"Chairman, when we have the power to issue currency, can you imagine how huge the benefits will be?"

Hu Zhenhua is not as optimistic as them.

"If you do this, you're effectively setting up a US dollar standard. If there's a bank run, the bank will be wiped out!"

"The worst that can happen is bankruptcy. Pulling one sheep is the same as pulling a flock of sheep!"

Hu Zhenhua rubbed his eyebrows.

"Zheng Xipo, I just realized today that you're such a tough nut to crack!"

"Like a commander, like a soldier!"

The implication is: You are a scoundrel yourself, and you have the nerve to talk about me.

Hu Zhenhua glared at him and said helplessly,

"TA Group is preparing to expand into the European and American markets. I have only one request of you: don't affect the company's reputation!"

Zheng Xipo laughed immediately after hearing Hu Zhenhua's words.

"Chairman, don't worry. Even if I wanted to close down, Carter might not allow it. This is what you call too big to fail!"

"You have a really big heart. You actually put your life and death in the hands of others!"

"Chairman, the bank is Jiangbei's creditor. If it goes bankrupt, all our previous investments will be wasted. Just based on this, I can just throw in the towel and lie down!"

Hu Zhenhua waved his hand.

"Okay, remember one thing: don't affect the reputation of their company!"

"A company's credibility can only be revealed in times of crisis! When we were starving to death, we still insisted on repaying the debt, which will surely win the wide respect of all sectors of society!"

Hu Zhenhua slammed the table and shouted,

"Makes sense!"

He suddenly realized that Zheng Xipo had a lot of twisted logic, and he didn't know who he learned it from.

After the teasing, Hu Zhenhua looked at Zheng Xipo seriously.

"Tell me, how many banknotes have been issued?"

If the quantity is small, Hu Zhenhua will stop it immediately.

If the number is too large, you can only find other ways and take it step by step.

Foreign banks can over-issue banknotes, but TA Group cannot. There is only one reason for this, and that is strength!

Just imagine what would happen if TA Group owed Western traders hundreds of millions of dollars in funds?

They will use a series of lawsuits to eat up the TA Group until nothing is left.

Zheng Xipo took out a document and handed it to Hu Zhenhua.

"Chairman, please take a look at this report first!"

Hu Zhenhua opened it and just took a quick glance before he found something wrong.

In just one week, the amount of funds that flowed into Chongming Development Bank reached 2 million yuan, which is very abnormal.

Zheng Xipo took out another document and said calmly,

"This is the detailed list of loans applied for by TA Group's subsidiaries. Their reasons are very valid. Some want to introduce new technologies, some want to expand, and some want to open subsidiaries. Take a look at the total amount, it's over 2 million!"

Hu Zhenhua already understood what Zheng Xipo meant.

The loans were intended to drain the funds of Chongming Development Bank, while the deposits were purely bait.

Once the bank's funds are drained, depositors will come to withdraw their deposits.

If the bank cannot honor its obligations, it will fall into credit bankruptcy. Of course, there is another way out, which is to introduce new shareholders.

By that time, the bank's controlling shareholder will no longer be TA Group.

Losing control of the bank is secondary. The most serious thing is that TA Group's subsidiaries owe a huge loan of 2 million euros. Once the bank withdraws the loan, those subsidiaries can only be sold at a low price to repay the debt.

Hu Zhenhua lit a cigarette and remained silent.

Zheng Xipo took the ashtray and said calmly,

"I met with the heads of subsidiaries, especially those that were undergoing technological iterations, and they said it was advice from foreign engineers. One or two cases was a coincidence, but with so many happening at the same time, there's definitely a force behind the scenes! Unfortunately, by the time I discovered the anomaly, most of the loans had already been disbursed. Since they were internal companies of the group, credit controls were not as strict."

At this moment, Hu Zhenhua thought a lot.

There are not many people who are capable of organizing such a big game.

The first suspect was the US Steel Corporation. After all, in the previous conflict, they had lost not only face but also substance, losing a large amount of money and technology.

The second suspect was the foreign banks in Shanghai. There was no such thing as a completely impenetrable wall. During the first banknote crisis, Hu Zhenhua had fleeced them of a large sum, nearly draining the cash reserves of the major banks.

However, this matter was done in secret and was divided into many steps during the operation. The people who carried out the specific operations rarely knew who they were working for.

Zheng Xipo continued,

"To prevent a bank run, I've urgently issued banknotes. So far, a total of 3 million has been issued. Most of this money has been loaned to farmers in Jiangbei. The loan terms are very generous. No collateral or guarantees are required, just credit! The bank's current cash reserves do not exceed 1 million yuan. In other words, I'm on the verge of bankruptcy!"

Hu Zhenhua raised his head and stared into Zheng Xipo's eyes.

“When was the earliest deposit made?”

"Afternoon of May 5th!"

Hu Zhenhua nodded. At that time, he was fighting with Wang Yu, and then he went to deal with the matter of exchanging raw materials for Magic City Real Estate, so he had no time to take care of other things.

I have to say that the other party chose a very good time!

Hu Zhenhua smiled. If someone came to pick peaches at this time, a huge debt would be waiting for him!

If he has the courage, come on!

Finance is a double-edged sword. While it can make huge profits, it can also be digging your own grave.