Chapter 94: Want to Start a New Business

Except for the Elephant Kingdom, other countries do not dare to be the first to offend Bai Touqi.

After all, even when [Chaoqun Group] took great care of the weather forecast, Baitou only allowed [Elephant Weather] to provide services.

But regarding [Chaoqun Group's] ban on other Internet products, Baitouqiu has been gritting his teeth and refusing to let go.

Acting very tough.

And now, if they dare to ignore Baitouqi's ban and open the domestic market to [Chaoqun Group].

Then it is bound to suffer a strong blow from baldness.

Even at this time, due to Wu Siyuan's rise and disruption, Baitouli's strength is actually far inferior to that of another timeline.

But the weaker it is, the more brutal the attack of the white-headed bird on the early bird is.

These countries do not want to stand on their own corpses and show off their military power.

So they hesitated, and they tactfully expressed to [Chaoqun Group] that it would be much easier if [Chaoqun Group] could reach an agreement with Bai Touqi.

But the problem is, if Baitouqiu relents, what else will he talk to you about?

[Chaoqun Group] stated that they can understand the concerns of various countries on this matter. [Chaoqun Group] proposed that the US dollar has been weaponized and the SWIFT system has become a symbol of financial hegemony and a "financial nuclear blackmail" in the game of great powers. Looking for SWIFT An alternative to the system is imminent. Perhaps we can take this as an opportunity to establish a diversified currency settlement system. [Chaoqun Group] is willing to contribute [redimab] as a credit anchor, just like US dollar oil back then.

Is this something a company can say?

But the current [Super Group] really has this qualification.

Unknowingly, well, I shouldn’t say unknowingly, but with the world’s attention, [Super Group] has developed to such an extent that it has become an important interest group, and even the country has to pay attention to its suggestions. .

At least, the Big Bear Country takes it very seriously.

The Big Bear Country has long wanted to understand that in this international division of labor system dominated by Baek Tou Kao, it is destined to sink, and its strength will only decline with the squandering of its old heritage.

After the war with the Erxiong Kingdom, Baitouqi found an excuse to be abandoned outside the international division of labor system.

Therefore, there is no country in the world that is as eager to break this shackles as the Big Bear Country.

If [Chaoqun Group]'s proposal is successful, it will really have great hope of destroying the old currency hegemony and rebuilding a new trade division of labor system.

Based on this alone, Big Bear Country is very supportive.

[Chaoqun Group] has just verbally proposed a concept, but the Big Bear Country has already held a press conference to announce that it is studying how to use a new international monetary settlement system to support the development of the global economy.

But this matter is not a secret. [Chaoqun Group] has talked with representatives from countless countries.

The baldness has long been clear.

Especially when Wu Siyuan used the [Doomsday Volcano Incident] to mess things up, the stock market plummeted, and the interest rate hike cycle had to be stopped and entered into a rate cut cycle.

Simply cutting interest rates is useless and cannot boost the economy; money still needs to be issued.

The total amount of Baitouqi's debt was about to reach the upper limit, but now it has been increased to 20 trillion US dollars in one go. The gentlemen in those meetings stopped arguing. Well, to be precise, they didn't even act. Except for a few abstentions and a few objections to demonstrate different opinions and democracy, everyone else voted in favor.

Originally, there was no such thing as Wu Siyuan's. Bai Touo could still put on a show in terms of debt, and show their attitude of "really wanting to be responsible" to the whole world.

But if Wu Siyuan does this, the stock market will collapse. If water is not injected to save lives, fireworks will be set off.

What a show at this time!

And in one step, it directly increased the debt limit by US$20 trillion.

However, the debt amount has been increased, but to convert it into US dollars, US debt needs to be sold.

But in this situation, who dares to buy U.S. bonds whose quota has been increased by 20 trillion US dollars in one go?

The Whitehead Group is now promoting (forcing) U.S. debt all over the world. If [Chaoqun Group] talks to it about [Cancer Carefree], it will be forced to buy U.S. debt. Of course, it is impossible to buy [Chaoqun Group]. Although there is interest, people are still thinking about your principal!

What's more, if you lend money to the other party, the other party will threaten you at every turn not to repay the money.

Who cares about it?

Fuso had to buy part of it.

Colliers had to buy part of it.

The princes of the desert were forced to buy part of it.

Domestic financial institutions also purchased part of it.

But these are just a drop in the bucket.

Not useful.

At that time, it will be the Federal Reserve that will really be most effective.

The Federal Reserve expands its balance sheet to purchase U.S. debt, and as a result, a huge amount of circulating U.S. dollars will flow into the market.

If there are too many US dollars, they will naturally depreciate and inflation will become more serious.

But the U.S. dollar is now an international currency, and Baidu can use the U.S. dollar to transmit inflationary pressure to the world, allowing the world to help it bear the thunder.

To put it simply, a large amount of U.S. dollars flowed into the Baotouqi market. Originally, one hundred U.S. dollars could buy one thousand kilograms of rice, but now it can only buy five hundred kilograms, which has shrunk by half.

If the U.S. dollar is just a currency that wanes, then this kind of depreciation pressure will naturally be borne by a country that wanes.

But the dollar is now the global currency.

The local U.S. dollar can only buy 500 kilograms of rice, so the value of the U.S. dollar circulating around the world will also be directly affected.

Because the whole world came together to help bear the thunder, the U.S. dollar, with the support of various economies, has rebounded in value and can buy 700 kilograms of rice.

Although it is still inflation, at least it is much less powerful.

But other countries are not having it so easy.

The dollar reserves on hand have actually lost 30% of their value.

This is one of the benefits of US dollar hegemony. If I am not good, you should not be good either.

At this juncture when money printing is about to begin, there is no doubt about the importance of US dollar hegemony.

The international trade settlement system is very important in the hegemony of the US dollar.

Now [Chaoqun Group] proposes to start from scratch and develop another diversified liquidation system.

Although some important international powers have their own relatively independent liquidation systems, their impact is small and of little use.

But [Chaoqun Group] is now connecting with all countries in the world, using the world's only life-saving miracle drug [ledimumab] as a credit anchor. Although it is a little thin, [Chaoqun Group] Behind it is the world's largest industrial country, and one of the world's top resource countries is also constantly instigating it. The energy countries in the desert are also in a state of instability.

Under this situation, Bai Touo was really afraid that [Super Group] would do something wrong.

At that time...