Liu nglong and President Li were racking their brains for profit, and Sister Hong was actually a little puzzled. How much equipnt did Feng Jun plan to acquire?
Currently, Luohua has a lot of Jade and Gold, but not much cash. The care center is a cash cow, but the monthly profits surrendered are just a few billion, and the revenue from Sansheng Wine is not as good as the care center.
Of course, there were more foreigners seeking dical treatnt a couple of months ago, but the surrendered cash was only over twenty billion.
The biggest source of Luohua’s cash is actually graphene and crude oil. However, the graphene output is limited and cannot be sold arbitrarily; it even stopped for a while earlier, so crude oil is the main source. The current cash reserve is only a little over 140 billion.
The words "only" here are a bit irritating, but in fact, Sister Hong genuinely feels it’s not much. The budgeted equipnt purchase is over 60 billion, but in reality, it might exceed the budget. Seventy billion seems more reliable.
She didn’t expect Liu nglong to strictly keep it at 30 billion; 40 billion is relatively safer—it can’t lose out on Elder Feng’s brothers.
In total, the two parties together easily exceed 100 billion, so... is that about enough?
If they keep spending, the family wealth might run dry.
However, the final decision still rests with Feng Jun, so she’s just agreeing casually.
Then, she found her sister and Feng Jing. She believed that, besides Feng Jun, these are the three people who have a say in the Mobile Phone dinsion.
After listening to her, Zhang Caixin straightforwardly said, "Big sis, you handle it. I’m just a salted fish, only know cultivation; I don’t understand worldly matters."
However, Feng Jing cautiously expressed a different opinion, "300 billion... isn’t that a bit too little? I think it should be at least 60 billion."
"60 billion?" Sister Hong’s eyes widened, "If that’s the case, won’t the family wealth run dry?"
"It can still earn money even if it’s drained," Feng Jing nonchalantly smiled, "In this matter, I feel Elder Feng may not necessarily be in it for the money; he has ntioned several tis about eliminating backward production capacity... so I think spending 200 billion is no problem."
"Are you kidding ," Sister Hong sneered, "Funiu’s backward production capacity is about a thousand billion, and the scary part is, they can manufacture backward production any ti... do you understand? Anyti!"
She was right; backward production capacity can indeed be manufactured.
Teacher i was good-natured as expected; she shook her head with a smile and said, "Of course, I know backward production capacity can be made, but what Feng Jun wants to eliminate is ’useless backward production.’ Streamlining the structure—he certainly doesn’t consider useful production capacity."
Sister Hong understood her words—in truth, whether the production capacity is backward or not doesn’t matter, as long as it’s useful, it’s good.
However, she still felt sothing off about this, "Spending 200 billion—am I crazy? Why should Feng Jun handle this? This is sothing the governnt should consider... he’s not even a deputy section chief!"
"He has great ability," Feng Jing replied blandly, "Feng Jun has a family and national sentint, and I’m very sure about that... except he didn’t have money before and wasn’t qualified."
Sister Hong was about to say sothing when she heard soone nearby chuckling softly, "Haha, as expected of Teacher i, you understand the most. See you in the grove tonight... the coach wants to discuss ideals with you."
At that mont, Zhang Caixin, who was pretending to doze off, suddenly opened her eyes, "Annoying, eavesdropping on girls talking... look at how little ambition you have!"
"You could actually be a mom now," Feng Jun walked over and sat down, then looked at Sister Hong, "What are you discussing? Even talking about family wealth... who can empty our family’s wealth? I still have Gold!"
When he ca back, he happened to hear them talking; he knew the related details and logic. By saying this now, he was just lightening the mood.
But still, anyone who thinks he only has a little over a hundred billion Huaxia currency would be gravely mistaken. Not ntioning his strong cash flow support, just the Gold he holds is money.
Previously, Elder Yu couldn’t cash it for him—unavoidable, if the Gold entered the national reserve, the news couldn’t be kept secret—Mai Nation would definitely know they were no longer number one in Gold reserves.
The consequences of this are rather significant, so an appropriate release ti must be chosen to maximize Huaxia’s interests.
Besides, flooding over a trillion Huaxia currency into circulation, the market probably wouldn’t bear it.
In comparison, his acquisition of backward equipnt this ti also involved throwing out quite a bit of money, but that’s revitalizing assets, and the social impact is minor, absolutely different from dropping currency from the air—the assets needed to be revitalized are wealth in themselves, just sedinted.
But now, he must express that he’s really not short on money. The nearly ten thousand tons of Gold aren’t suitable to take out completely, but taking out one or two thousand tons, could that solve the problem?
Seriously, I even find Gold occupying space annoying, for real!
Poor Sister Hong, she used to be Feng Jun’s boss, but now facing his imposing question, she hesitated a mont before answering, "We’re just discussing how much you plan to spend on acquiring this equipnt."
"There’s no upper limit," Feng Jun answered straightforwardly. "We’ll take as much as they have. If cash isn’t enough, we’ll use gold. As long as it’s genuine and functional second-hand equipnt, we’ll acquire it... I’d like to see who can empty my coffers."
Feng Jing, whose family has been Funiu People for three generations, pointed out a problem directly, "There might be counterfeits."
"That’s perfect," Feng Jun replied casually. "Isn’t it just fine to confiscate their assets? I love it when people try these things on . If they were being upright... I’d actually feel embarrassed to make a move."
Sister Hong couldn’t hold back anymore, "We’ve collected so many rags... Can you sell them? Or are you really planning to stash them away?"
"Stashing them away... not really," Feng Jun smiled, "We’ll sell them slowly. If they don’t sell, so be it."
"But that’s sothing the governnt should manage," Sister Hong beca agitated, "What are you aiming for with this?"
"Sentint," Feng Jun unexpectedly said these three words, which were baffling to so.
But he quickly gave an explanation, "Actually, Huaxia’s currency is just money, just a unit of asure... Others are shy about easing policies in this regard, but we did. It’s that simple; don’t take it too seriously."
He truly believed this. The Bretton Woods system has collapsed, and gold’s value has detached. How much currency one wants to issue purely depends on their own integrity. Comparatively, since currencies and gold are no longer linked, it’s more about being tied to energy rather than oil."
However, oil as an energy source is a fossil fuel, not only a stock energy but also consumable. How could it be sustainable?
Feng Jun believed that even Bitcoin is more reliable than oil energy. It’s just that this type of currency, asured by energy and algorithms, would unpredictably depreciate as technology advances.
Therefore, although he was spending Huaxia’s currency, deep down he believed he was only consuming a concept of rules.
With his support, rules were rules. But if everyone stopped supporting them... why would a piece of paper exchange for twenty kilograms of eggs?
So Feng Jing wasn’t wrong; he truly didn’t place much weight on currency.
What he genuinely took seriously was bringing out the real gold; that was the depth of his love for this country.
Sister Hong couldn’t fully comprehend this feeling but understood his intent to so extent, "Unlimited acquisition?"
"Yes, unlimited," Feng Jun nodded, answering offhandedly, "Actually, in my view, it won’t cost too much. An industry or sector has a gap effect. Normally, it’s around ten percent, with a maximum of twenty percent."
With a secondary degree in Business Administration, he was well-versed in certain economic phenona. "Which ans acquiring more second-hand equipnt will lead to a structural shortage in the market, and acquisition prices will rise by then."
Sister Hong and Feng Jing sowhat understood his point, but Zhang Caixin was entirely lost, "Are you saying that equipnt prices will rise before surplus capacity is completely removed?"
"Exactly," Feng Jun chuckled and nodded, "I didn’t expect you’d understand. Completely eliminating excess capacity is unrealistic. Even if you act as a fool and spend large sums to remove capacity, new capacity will erge, leading to a dynamic balance."
Upon hearing this, Zhang Caixin nodded, "Does that an prices will rise quickly?"
"Yes," Feng Jun nodded, "You can’t ignore human greed."
Then he turned to Sister Hong, smiling as he spoke, "Tell Liu nglong that acquisitions must be at reasonable prices. If anyone tries to inflate prices, we can temporarily halt acquisitions."
Sister Hong nodded, speaking thoughtfully, "Then this way, it better ensures the removal of redundant capacity, right?"
"Yes," Feng Jun nodded, smiling as he answered, "I just want to remove rigid redundancies and help activate so assets. As for those elastic redundancies, whoever cares, can worry about them; they aren’t my concern."
Feng Jun only wanted to do sothing within his ability to give back to society. If anyone tried to use this as an opportunity to inflate prices and squeeze more money out of him, he wouldn’t tolerate such audacity.
One must admit, Feng Jun’s warning was tily. Upon receiving Sister Hong’s call, Liu nglong hurried to notify President Li.
Upon hearing the news, President Li slapped his thigh, "Damn, no wonder all those people have been dead set on the price lately. I thought soone really fancied their equipnt, turns out they think we’re dependent on these devices."
Recently, there had been many people promoting equipnt, but they all had relatively high quotes. President Li didn’t buy into it and continued to haggle, but the others claid that if they didn’t buy, they’d contact soone else.
In fact, President Li always believed that the support for other countries couldn’t be handled solely by Luohua; there had to be other entities also acquiring such equipnt.
Upon learning this information now, he couldn’t help but curse, "Damn, so we’re the ones starting the market?"
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