Reborn Russia As An Oligarch

In this country, science and engineering, literature, art, medicine, including basic disciplines, are full of talented people.

But only in economics, there is really no research...

Otherwise, with the assets it inherited and the efforts of the upper class to promote economic development, the country's economy should be developing very well.

Why has it never become truly rich? Even during the more than ten years of rapid economic development, it only accounted for the soaring international energy prices.

The real economy has never been good. Except for oil and natural gas, there is no pillar industry that can be used.

In the final analysis, even the entire country cannot find a single economic master.

In other words, among the top political leaders, there are no people who really understand economics!

All the members present here obviously know that Director Mikhail is a real business tycoon, and his understanding of economics is beyond their level.

When I asked this question, I probably didn't want them to answer it, just to elicit the next words.

Therefore, no one dared to show off a few words. Everyone remained silent, waiting for Wang Ye to continue.

Wang Ye looked around, but no one spoke, so he continued:

“Economics is complex, but it can also be simple.

From my understanding, if you want to promote the prosperity and development of all walks of life in society, the most important thing is to let money start circulating!

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 through the city and planned to stay for one night, so he found a hotel.

He spent 10,000 rubles and booked the best suite in the hotel.

After the hotel owner got the money, he immediately paid the wages owed to the hotel employees.

After the hotel employees received their wages, they suddenly had so much money in their hands that they went to the mobile phone store on the street below the hotel to buy a new mobile phone.

After the mobile phone store owner sold his mobile phone, he quickly paid the rent and water and electricity bills owed to the hotel.

The money went around and returned to the hotel owner.

At this moment, the businessman from out of town went to the room to look at the room and felt that the accommodation conditions here were too poor. He was not satisfied, so he asked the hotel owner to get his accommodation fee back, and left...

Think about it, everyone, the hotel owner didn't make a penny, but everyone paid off their debts, and some people made purchases, which promoted the circulation of goods.

What does this story illustrate? "

Having said this, Wang Ye stopped and looked at everyone.

The dozen or so committee members present had different expressions.

Some were frowning and thinking hard, some were looking down and wondering what they were thinking, and some had blank faces.

Yes, the story Wang Ye told is indeed quite... "weird".

Obviously no one made any money, but why was everyone's debts paid off, and the hotel employees even bought new mobile phones!

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 about 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 real society, who will assume the role of foreign businessmen?

I think it is best to have foreign investment, which is one of the reasons why countries around 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 should we solve this problem?

I think banks can take on this task! "

At this point, Wang Ye paused again, leaving time for everyone to think.

When some committee members heard this, they already somewhat understood what Wang Ye meant, with expressions of sudden realization on their faces.

"Director Mikhail, do you mean... to let the central bank issue more currency? Wouldn't this cause a large-scale devaluation of the currency?" One of the members should know a little more. After thinking about it, he couldn't help but worry. asked.

You know, over-issuance of currency is very simple. It only requires the money printing machine to work overtime, and there is no cost.

If this can make a country rich, wouldn't it be too simple? Every country should do this.

Therefore, printing money is very simple, but the key is that it will cause currency devaluation, which will lead to inflation!

That's a big deal. I don't know how many negative examples there are.

Like the “Zimbabwe currency” that everyone laughs about...

Wang Ye nodded, "It is indeed possible that such consequences will occur, but it is not inevitable. Have you noticed that there are actually other countries that are also issuing excessive amounts of currency, but their economies have not been affected and their currencies have not depreciated. On the contrary, it has developed quite well.”

Wang Ye did not explain in detail which countries have achieved good results in doing so.

If these committee members still don’t understand it by now, it only means that their economic knowledge is too lacking...

Wang Ye originally did not intend to have "academic discussions" with them, he just needed them to agree with his economic promotion plan. The real executors are the central bank, the financial department, the commerce department and other government agencies!

The people in those departments are the real professionals. Presumably those professionals should be able to understand their intentions.

So he said again:

“Therefore, we need to learn from the good experiences of other countries, learn from the lessons of failure, and come up with a set of economic promotion plans that are suitable for the actual situation of our country.

Time waits for no one. Maybe many people have not felt it, but I believe that within the next ten years from now, it will be the ten years when our country's economy begins to take off, and it will also be the ten years when the international environment is the most relaxed and friendly!

If we can seize this opportunity, then our country will still be a world-class country and a powerful country, benefiting future generations.

If we cannot catch him, needless to say, everyone here, including me, will be the sinners of the country! "

What he said was a bit harsh. Everyone in the conference room was a little awe-inspiring and subconsciously sat upright.

After picking up the water glass and taking a sip of water to moisten his throat, Wang Ye continued:

"Here's my plan.

The government issues treasury bonds, and the central bank issues currency to purchase them, which is equivalent to the country borrowing money for development.

In my opinion, our country's current debt is not large enough. There is no need to rush to pay off the debt at all, but to continue to expand the scale of the debt!

As long as our total GDP growth exceeds the annual growth in debt interest, there will be no risk.

Therefore, the upper limit of the total amount of government bonds we can issue at this stage is very high.

Then the first link, which is where the money comes from, is solved.

The second step, where the money is used, is even more critical!

Just having money without effective circulation will not only fail to promote economic development, but will become just a number and 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 this saying, if you want to get rich, build roads first.

Very simple words, but contains profound economic knowledge.

Why build roads?

In fact, this is just a code name, because roads connect various areas, facilitate people's travel, and are also conducive to the efficiency of commodity circulation.

After all, the real meaning of this sentence is still circulation.

Following this line of thinking, it is obvious where we should spend the money.

Therefore, my proposal is that the Duma and the Kremlin take the lead, and the government leads to start our era of large-scale infrastructure construction! "

After speaking, he waved his hand, and the assistant Nova behind him quickly stood up and distributed the "Big 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 new director of the Economic Committee!

This is 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 infrastructure such as transportation, energy, and water conservancy

This is a top priority and will include projects related to the national economy and people's livelihood, such as highways, railways, power grids, and oil and gas pipelines.

It is also the main artery for rapid economic development in the future!

Two: Strengthen infrastructure construction for industrial upgrading of information, technology, logistics and other industries.

This one is to make full use of the large number of high-quality talents in the country and create good entrepreneurial and job opportunities for them.

Three: Strengthen urban infrastructure construction.

It can be said that this article is proposed for major cities. Wang Ye's goal is to build these major cities in Damao into the most ideal cities for living and working in Eastern Europe.

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 domestic population in Da Mao...

To be honest, there are so many surrounding countries and so many people, and most of them speak Russian. It would be a huge waste not to use them!

In the past, DaMao 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 even so, Moscow was still the center of Eastern Europe at that time!

Many people from neighboring small countries are proud to come to Moscow to study, work and live...

…………

The idea of ​​​​engaging in large-scale infrastructure construction is not a sudden idea of ​​Wang Ye, but he has been brewing for a long time.

Wang Ye has been thinking about a problem since he entered the Economic Committee and before he became the director.

He has experienced the era of rapid economic growth for thirty consecutive years in his "previous life", so he has always had a question.

Why is it that Russia clearly has better conditions, richer resources, higher overall knowledge quality of the population, and more advanced science and technology?

But twenty years later, development was far inferior to that of neighboring countries...

What exactly is the problem?

Or are you going the wrong way?

Through a lot of studying, consulting information, and communicating with some economists, Wang Ye slowly formed his own ideas.

This is how he came up with the "Big Infrastructure Plan" that he officially presented today!

Perhaps this plan is not perfect in some details, but overall, for the current Da Mao, it definitely has more advantages than disadvantages.

As long as it can be implemented, the results will be immediate.

Of course, Wang Ye is just a "half-timer", and professional things need to be done by professionals.

But in his current position, he does not need to do too detailed work. He only needs to formulate strategic directions, make plans, and then let the corresponding departments improve and execute!

The plan he came up with today is a strategic policy that points out the direction for Mao's development in the next few years or even longer.

If everything goes well, it is no exaggeration to say that Damu will become a "beautiful country" in Eastern Europe, attracting a large number of talents and labor from surrounding countries.

Rely on a good economic environment and policies and regulations to complete a leap in national strength!

If we join forces with some friendly countries, we will be invincible when the international situation is turbulent in the future...

…………

After reading Wang Ye's "Big Infrastructure Plan", all the committee members were filled with sighs and sighs.

Some of them had only heard of Mikhail, a prominent figure in the Duma, and had heard of "legends" about him.

But not everyone admires Mikhail's achievements. Some even think that this is just because Mikhail comes from a good background, is lucky, seizes opportunities, etc...

It's no wonder, after all, Mikhail is just a young man in his early twenties. No matter how dazzling 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 here are really convinced.

There is no doubt that as long as this large-scale infrastructure plan can be implemented seriously, not only will the country's economy soar, but its comprehensive 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 Wang Ye now.

Because when they looked at this plan in conjunction with Wang Ye's explanation just now, they couldn't help but picture a magnificent scene in their minds. That was Russia five or ten years later, and it had become far richer and stronger than it is now, full of energy. The people are busy and passionate, and immigrants or laborers from surrounding countries are also full of hope...

There are many new buildings in major cities in the country, the population is growing rapidly, high-tech companies have emerged one after another, the roads are new and wide, highways connect the country, and railways extend in all directions...

Anyway, it’s beautiful just thinking about it!

"Director Mikhail, we all support you!"

"Yes, something needs to change. Since we are sitting in this position, we must make some achievements."

"This plan is too huge! I think we should bring the heads of relevant government departments over and discuss it together. Of course, I absolutely support this plan."

…

No one objected, or in other words, everyone was shocked by Wang Ye's ambition and the beautiful prospects he painted!

Naturally, the vote was unanimous.

Next, Wang Ye's "Big Infrastructure Plan" will begin to go through the process.

It is submitted to the Duma Assembly, and after unanimous vote, it is submitted to the Upper House and the Kremlin.

After getting approval, the relevant government departments are involved, and the research plan is implemented...