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Chapter 816: Explaining the Cause

~7 min read 1,239 words

"Yang Lao, since the consequences are so serious, why are you still giving out money, then?"

………

……………

Another series of questions.

Yang Qing smiled and spoke his thoughts.

"First of all, the money I give out belongs to wealth redistribution; I take the excess money in my hands that does not participate in the economic cycle and give it to everyone."

"It increases the utilization rate of wealth."

"It is not printed, so it does not increase the money supply."

"What actually increases is the utility of money."

"It is reintegrated into the economic cycle."

"Although it may cause slight inflation, the impact will not be great, and ordinary people may not even notice it."

"Furthermore, the money I give out is very limited, making it hard to affect the whole economy."

"I will give an example for everyone; then you should understand."

"For example, you have 100 yuan in hand, and your need is to purchase 300 catties of grain as food for the coming year."

"I am a grain merchant; knowing you have 100, I would set the price at 100."

"At this point, if you printed another 100 yourself, you would have 200. To me, 100 or 200 are the same; with 300 catties of grain now, I would sell you 200, and you couldn't do anything about it."

"At this point, the fertilizer seller, seeing the grain merchant has 200, also raises the price of fertilizer."

"Then follows a rise in prices of various things."

"But your money-making ability remains 100 per year, which is equivalent to you selling yourself cheaply."

"This is the depreciation caused by printing money."

"Now, you have 100; as a grain merchant, I can sell you at most 100 worth of 300 catties of grain."

"But you don't buy all 100 at once; you first spend 50 on grain, then use the remaining money to buy a set of film‑applying equipment, and in your spare time you develop another money‑making business, so you earn more while your living costs do not increase."

"The amount of money circulating in the economy is still 100, but it can do more things."

"Living costs have not increased much; instead, society has more goods or services."

"This is what I am doing now: putting idle funds back into the economic cycle."

"Printing money and my giving out money are completely different concepts."

"Moreover, don't forget that many people now cannot work, and some cannot even receive wages."

"This is a problem in the economic cycle; I am merely opening up part of the circulation for the economy."

"Now it not only will not harm the economy, but will actually benefit it."

Yang Qing finished speaking, yet many people still did not understand.

After all, economic issues are very complex.

Yang Qing also lacks a talent for lecturing.

However, the general idea was understood: the economy has a gap due to the blockade, and what he said is opening up part of the circulation.

Well, they are giving out money; what they say is correct, and that is what most people think.

At the same time, sharp‑eyed people have noticed something: this time Yang Lao did not close the gift channel.

Now the gifts in the live broadcast room are exploding at a crazy speed.

Someone reminded.

"Yang Lao, you forgot to close the gifts."

Yang Qing's eyes are sharp; he noticed it right away.

This subtitle is exactly to Yang Qing's liking.

"This friend asked a very good question."

"Today I indeed did not close the gift channel."

"I have already said that today we are conducting wealth redistribution, and what is happening now is also significant."

"I will turn the received gifts into red envelopes and redistribute them."

"After all, I am alone, my strength is short, but many people's strength is long."

"In times of national crisis, we welcome more people to lend a helping hand."

"Alright, the number of people in the live broadcast room has now exceeded one hundred million."

"First, please welcome Yinglong Aerospace Company to present a blessing red envelope to everyone."

"May we overcome the difficulty together; the future will be better."

"In half an hour, we will start grabbing red envelopes; the total amount is one billion."

"Now please invite the people from Yinglong Aerospace Company to meet everyone; Yinglong Aerospace Company will have many models to give away."

As Yang Qing's words fell, the people from Yinglong Aerospace connected to Yang Qing's live broadcast room.

"Thank you, Yang Lao, and welcome everyone to the Yinglong Aerospace live broadcast room."

"We, Yinglong Aerospace Company, have a long history; we are the inheritors and developers of the Yun‑10."

"Over these years, we have developed………………"

After the people from Yinglong Aerospace arrived, Yang Qing fell silent and then let them give full play.

Sometimes Yang Qing cheers them on.

Yinglong these years has been developing silently; even the large aircraft has not received much publicity, nor obtained an airworthiness certificate, which has always been a setback for them.

Now they have finally gotten what they wished for and are beginning to hold their heads high.

When they talk, they speak fluently, laying out the full development of Yinglong over these years.

At this moment, the Daxia people finally realized they actually had a wide-body airliner.

Now worldwide, those selling medical supplies are actually Yinglong's wide-body airliners.

Besides the large aircraft, they also sell private airplanes.

There are also various modified cargo planes.

From small to large, Yinglong has actually achieved the popularization of its entire aircraft lineup.

Especially for feeder aircraft and below, they have already achieved full domestic production, and the prices are very attractive.

"Brothers, sorry, I damn well want to buy one."

"I've taken a liking to that small airplane, brothers, two million, brothers, who can lend me 1.99 million?"

"I'm crying, turns out we also have such a great private airplane."

"I want that big guy, how much, is a billion enough?"

"I damn well, all big shots, when big shots get on a plane, don't forget your family's monkey."

"By the way, is it convenient to use private airplanes domestically?"

"Upstairs, it's not just convenient but also safe, just the cost is a bit high."

………

…………

Anyway, under Yinglong Aerospace's livestream bombardment, in just half an hour, it attracted a large number of prospective customers.

Domestic demand for private airplanes is actually not small, but because of the airspace approval system, the conditions are very strict.

Internationally, domestic rules don't let you fly randomly; domestically, Yinglong, you can fly as you please, but you can't fly out.

Now it's good, Yinglong has obtained its airworthiness certificate, can fly freely, and instantly liberated a lot of demand.

Yang Qing's livestream attracted not just ordinary people, but also many businessmen seeking to find a path to wealth from his fragmentary remarks.

The previous livestream, who knows how many people it made.

Moreover, countless ordinary people have achieved financial freedom through Douyin.

For such people, red envelopes are far less valuable than Yang Qing's words, which are all the more precious.

With Yinglong's emergence, many people realized whether the private airplane market had been completely opened up.

Otherwise, Yinglong Aerospace wouldn't be so openly showing off its aircraft.

Normally, Daxia does not wish to display an overly extravagant lifestyle in front of ordinary people.

That would only exacerbate conflicts and even bring negative effects.

◈

End of Chapter

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