MTL - Reborn Russia As An Oligarch-Chapter 849 Big infrastructure plan
Chapter 849 Major Infrastructure Project
In the country of Damao, there are many talents in science and engineering, literature, art, medicine, including basic disciplines.
But only in economics, there is really not much research...
Otherwise, with the assets it has inherited, and the top has been working hard to promote economic development, it is reasonable to say that the country's economy should develop very well.
Why has it never really become rich? Even in the more than ten years of rapid economic development, it only accounted for the soaring international energy prices.
The real economy has not been doing well, and apart from oil and natural gas, there is not a single pillar industry that can be sold.
In the final analysis, the entire country cannot find a master of economics.
In other words, among the top political circles, there are no people who really understand economics!
All the committee members here obviously know that Director Mikhail is a real business tycoon, and his understanding of the economy is beyond their comparability.
When I asked this question, I probably didn't even think about asking them to answer it, it was just to draw out the following words.
So no one dared to come out to "show ugliness" and show off a few words. Everyone kept silent, waiting for Wang Ye to continue talking.
Wang Ye looked around for a week, but no one spoke, so he continued:
“Economics is complex, but it can also be simple.
According to my understanding, if you want to promote the prosperity and development of all walks of life in the whole society, the most important thing is to let money start to circulate!
There is such a story.
There is a small city, which is relatively remote and backward, and the economy is not good. Everyone's life is not very easy.
On this day, a businessman from other places passed by the city and planned to stay for one night, so he found a hotel.
He took out 10,000 rubles and booked the best suite in this hotel.
After the hotel owner got the money, he immediately paid the wages owed to the hotel employees.
After the hotel staff got their wages, they had so much money at once, so they went to the street mobile phone store below the hotel to buy a new mobile phone.
After the owner of the mobile phone shop sold the mobile phone, he quickly paid the rent, water and electricity bills owed to the hotel.
The money went around and returned to the owner of the hotel.
At this moment, the businessman from out of town took a look at the room and felt that the accommodation conditions here were too poor and dissatisfied, so he asked the hotel owner for the accommodation fee back, and left...
Think about it, everyone, the hotel owner didn’t make any money, but everyone paid back their debts, and some people made consumption, which promoted the circulation of goods.
What does this story illustrate? "
Speaking of this, Wang Ye stopped and looked at everyone.
The dozen or so committee members present had different expressions.
Some are frowning and thinking hard, some are bowing their heads not knowing what to think, and some are blank.
Yeah, the story Wang Ye told is really... "weird".
Obviously no one made money, but why did everyone pay off their debts, and the hotel staff bought a new mobile phone!
Wang Ye didn't expect them to give any answers, so he solved the mystery himself.
"This story tells us that the economy is not money, or more than money, but the flow of money!
Only when money can flow can various economic problems and even social problems be solved.
So in the real society, who will take on the role of foreign businessman?
In my opinion, foreign investment is the best, which is one of the reasons why countries all over the world are trying their best to attract foreign investment.
If there is no foreign investment, or if the amount of foreign investment is not enough, how to solve this problem.
I think banks can take on this task! "
Speaking of this, Wang Ye paused again, leaving time for everyone to think.
Some committee members already understood what Wang Ye meant when they heard this, and their faces showed a sudden understanding expression.
"Director Mikhail, what do you mean... want the central bank to issue more money? Wouldn't this cause a large-scale devaluation of the currency?" One of the members should know a little bit better. After thinking about it, he couldn't help asking worriedly road.
You know, super-issuing currency is very simple, just need the money printing machine to work overtime, and there is no cost.
If this can make the country rich, wouldn't it be too simple, every country does it well.
So, printing money is very simple, the key is that this will cause currency devaluation, which will lead to inflation!
Then it will be unacceptable. I don’t know how many negative examples are there.
Like the "Zimbabwe currency" that everyone laughs at...
Wang Ye nodded, "It is indeed possible to cause such consequences, but it is not inevitable. Have you noticed that there are actually other countries that are also over-issuing currency, but their economy has not been affected, and the currency has not depreciated. On the contrary, it has developed quite well.”
Which countries have achieved good results in this way, Wang Ye did not explain in detail.
If these committee members still don’t understand by now, it can only show that their economic knowledge is too lacking...
Wang Ye didn't intend to have an "academic discussion" with them, he just needed them to agree with his economic promotion plan. The real executors are the central bank, financial department, business department and other government agencies!
The people in those departments are truly professional, presumably those professionals should be able to understand their intentions.
Then he said:
"So, we need to learn from the good experience of other countries, learn from the lessons of failure, and come up with a set of economic promotion plans suitable for the actual situation of our country.
Time does not wait for me. Maybe many people don’t feel it, but I think that the next ten years will be the decade when our country’s economy begins to take off, and it will also be the decade when the international environment is the most relaxed and friendly!
If we can seize this opportunity, our country will still be a world-class power and power, and will benefit future generations.
If you can’t catch it, needless to say, everyone here, including me, will be the country’s sinners! "
He said this a bit harshly, and everyone in the conference room was a little bit awe-inspiring, and they all sat upright subconsciously.
Picked up the water glass and drank saliva to moisten his throat. Wang Ye continued to preach:
"My plan is this.
The government issues treasury bonds, and the central bank issues currency for purchases, which is tantamount to the country borrowing money for development.
The current debt of our country is not enough in my opinion. There is no need to rush to pay off the debt at all, but to continue to expand the debt!
As long as the growth rate of our total GDP exceeds the annual growth of debt interest, it will not lead to risks.
Therefore, at this stage, the total amount of national debt that we can issue has a very high upper limit.
Then the first link, where the money comes from, is solved.
The second link, where the money is used, is even more critical!
If you have money and cannot carry out effective circulation, it will not only fail to promote economic development, but it is just a number, a debt burden, which can only generate interest burdens!
Therefore, how to use money and where to use it are very important!
I have heard a saying that if you want to get rich, you must first build roads.
Very simple words, but contains profound knowledge of economics.
Why road construction?
In fact, this is just a synonym, because the road connects various regions, which is convenient for people to travel and is also conducive to the efficiency of commodity circulation.
In the final analysis, the true meaning of this sentence is still circulation.
Following this line of thought, it is obvious where we want to use the money.
So, my proposal is that, led by the Duma and the Kremlin, led by the government, we will start our era of large-scale infrastructure construction! "
After finishing speaking, he waved his hand, and the little assistant Nova behind him hurriedly got up and distributed the "Large Infrastructure Plan" that had been prepared to all the committee members present.
This information is the highlight of Wang Ye's work after he became the director of the new economic committee!
It is also what he will push to the end in the next few years.
This "big infrastructure plan" mainly includes the following points:
1: Strengthen the construction of network-based infrastructure such as transportation, energy, and water conservancy
This is the top priority and will include projects related to the national economy and people's livelihood such as high-speed, railways, power grids, and oil and gas pipelines.
It is also the main artery of rapid economic development in the future!
2: Strengthen the construction of infrastructure for information, technology, logistics and other industrial upgrading.
This one is to make full use of a large number of high-quality talents in China and create good business and job opportunities for them.
3: Strengthen urban infrastructure construction.
It can be said that this article is proposed for major cities. Wang Ye's goal is to make these major cities in Damao the most ideal cities in Eastern Europe for living and working.
In this way, a large number of talents and labor forces from neighboring countries can be attracted to work and live, creating a siphon effect.
By the way, it can also solve the problem of too small population in Damao...
To be honest, there are so many surrounding countries, so many people, and most of them speak Russian, it would be a waste of money not to use them!
In the past, Da Mao could not provide enough job opportunities, and its own economic development was average, so it could not attract too many people from neighboring countries.
But that's it, Moscow was still the center of Eastern Europe at that time!
People from many small neighboring countries are proud to come to Moscow to study, work and live...
...
The idea of building a large infrastructure is not Wang Ye's whim, but he has been brewing for a long time.
Ever since he joined the Economic Committee and before he became the director, Wang Ye has been thinking about a problem.
He has experienced the era of rapid economic growth for 30 consecutive years in his "previous life", so he has always had a question.
Why is it clear that Russia has better conditions, richer resources, higher knowledge quality of the population as a whole, and more advanced technology.
But after twenty years, the development is far worse than that of neighboring countries...
Where is the problem?
Still say which way is wrong!
Through a lot of study, looking up information, and communicating with some economists, Wang Ye gradually formed his own ideas.
This is the "Big Infrastructure Plan" that he officially presented today!
Perhaps this plan is not perfect in some details, but generally speaking, for the current Da Mao, the advantages outweigh the disadvantages.
As long as it can be implemented, the effect will be immediate.
Of course, Wang Ye is just a "half-handed guy", and professional things still need professionals to do them.
But in his current position, he doesn’t need to do too detailed work. He only needs to formulate a strategic direction, make a plan, and then let the corresponding departments improve and implement it!
The plan he came up with today is a strategic policy, pointing out the direction for Da Mao's development in the next few years or even longer.
If all goes well, it is no exaggeration to say that Damao will become a "beautiful country" in Eastern Europe, attracting a large number of talents and labor from surrounding countries.
Relying on a good economic environment and policies and regulations, complete a leap in national strength!
Join forces with some friendly countries, then in the future when the international situation is turbulent, we will be invincible...
...
After reading Wang Ye's "Great Infrastructure Plan", all the committee members sighed and sighed.
Some of them had only heard of Mikhail, the man of the Duma, and also heard about his "legend".
But not everyone admires Mikhail’s achievements. Some even think that it’s just because Mikhail came from a good background, was lucky, seized the opportunity, etc…
This is no wonder. After all, Mikhail is only a young man in his early twenties. No matter how brilliant his achievements are, it is impossible to convince everyone.
But now, after Wang Ye's long talk and this "big infrastructure plan", at least all the committee members present are really convinced.
There is no doubt that as long as this major infrastructure plan can be implemented seriously, not only will the economy soar, but the overall national strength will also rise to a higher level!
To be honest, many committee members don't quite understand this big infrastructure plan...
But this does not prevent them from being convinced of Wangye now.
Because looking at this plan combined with Wang Ye’s explanation just now, a magnificent scene appeared in their minds. It was Russia five or ten years later, and it became far richer and stronger than it is now. In addition to vitality, the people are busy and full of passion, and immigrants or labor force from neighboring countries are also full of hope...
There are many new buildings in major cities in China, the population is growing rapidly, high-tech enterprises are emerging, the roads are brand new and wide, expressways connect the country, and railways extend in all directions...
Anyway, just thinking about it is beautiful!
"Director Mikhail, we all support you!"
"Yeah, we really need to make some changes. Since we are in this position, we need to make some achievements."
"This plan is too huge! I think that the heads of relevant government departments should be brought over, and we should discuss it together. Of course, I absolutely agree with this plan."
…
No one objected, or it could be said that everyone was shocked by Wang Ye's ambition and the bright future he described!
As a matter of course, it was unanimously approved.
Next, Wang Ye's "Big Infrastructure Plan" will start to go through the process.
Report to the Duma Assembly, and after all votes are passed, it will be submitted to the House of Lords and the Kremlin.
After being approved, the relevant government departments will be recruited, and the research plan will be implemented...
(end of this chapter)
