The old man led the leader slightly and said, "Yes, we must keep a clear mind. Some of our comrades are blindly admiring foreign countries. The moon is round and unreasonable." Then he frowned and pondered for a moment before saying, "As for the technology you mentioned, we will develop ourselves. I think this is feasible. If you have anything to know, you can talk to Xiaoyu. In terms of economy, he can be said to be an expert among experts. I believe he will give you some good advice."

Hearing this, the Chairman and the General Manager both laughed. They were waiting for the old man's words. Lin Yu's understanding of the economy is definitely world-class, otherwise how could he have such a force now?

Seeing the smiles of the Chairman and the General Manager, the old man was stunned at first, and then laughed: "You guys, even my old man is planning to do anything."

"What the old man said is that Xiaoyu is definitely an expert among experts in terms of economy. We still need to ask Xiaoyu for some things.

"The General Manager said with a smile.

"1 Xiaoyu is absolutely convincing in terms of economy. Xiaoyu, how do you think our economic development is now?" said one of the people with a smile.

Lin Yu turned around and saw that Lin Yu was not unfamiliar with this person. He is now the deputy general manager. If possible, he is likely to become the general manager after the change of term, but I don’t know how many terms he can do.

"Uncle Zhu has given up the award. I just have some research in some aspects. Moreover, I have not graduated from university yet, so I am better not participating in national affairs." Lin Yu said with a smile.

"You are too modest, saying that your judgment and experience of Jingji are definitely ahead of the curve. You are still abroad for a long time and know some economic models abroad. So, you just say it casually, and I believe it will give us some inspiration regardless of right or wrong. However, I think you should not mention the matter of graduation from college you are talking about. If you continue like this, you will not be able to graduate for another ten years." The chairman said with a smile.

Lin Yu smiled, not caring. He had basically never been to school as the chairman said.

"Our country's economic development can be said to be generally good. Grandpa Gan's vision is definitely ahead of schedule. All the rest are some details. As long as the general direction is good, even if some mistakes occur, they can correct them in time. In addition, we are a smaller step and accumulate experience. After all, we are a socialist country, and the economic model of the Soviet Union is not suitable for us, so we can only follow our special socialism in China."

"Opening the historical map of the world economy, you will find that modern industries of economic powers all originated from the coast, but successful major power economies quickly turned to industrial resource-intensive areas in the mainland, at least the economic process of the United States was like this. The American economy developed along this path, while France, Spain, the Netherlands, and the Hanseatic League weakened on the opposite path. Before the Civil War, the United States' productivity and market were mainly concentrated in the northeast, but the Americans did not immerse themselves in the development policies of the outward-oriented economy for a long time, but turned around and embarked on the development path of the "introvert" economy.

Especially in the early years of the trough, new technologies in the transportation and communications industries drove the U.S. economic growth. The United States imported capital from the UK through its eastern coastal cities, New York and Boston, and used this capital to establish emerging industries such as steelmaking and coal mining in states such as New York, Pennsylvania and Ohio. These products were shipped inland to supply emerging cities such as Chicago and cities on the West Coast.

These new cities have developed new agricultural production areas in the hinterland of the United States to supply the world market. Neighboring countries such as Canada, Mexico and the Caribbean Sea provide the United States with raw materials and certain specific manufactured products to meet the needs of American industrial production. At the same time, the emergence of financial instruments from corporate bonds to stock financing marked the maturity of the Wall Street capital securities market at the end of the 19th century, which provided a financial platform for industrial restructuring and corporate mergers and acquisitions in the 20th century. The large and multinational corporations in the 20th century grew up on this basis. As a result, half a century later, the entire western region was filled with the national productivity of the United States and laid the material foundation for the United States to quickly enter a world power. At the beginning of the 20th century, when the United States' national productivity was enough to dominate the world, it was only when the banner of "cosmopolitanism" and "open doors" were put forward."

"In addition, from the current economic aspects, I found that there are some problems in our country's economy. It should be said that there are too many currency issuances and a large fiscal deficit. In this regard, I think the country should pay more attention. Most of the economic crises in the United States and Japan are due to fiscal deficits. This is not a system problem, but a question of whether the government's income and government expenditure can be equal to each other. For example, if we are as tall as weight, we are short and tall as we are big, then we will be obese, and if we are too tall and too low, we will be thin. Only when we can balance our height and weight, we can make a person healthy."

Hearing this, everyone here frowned. Those present had a more or less understanding of the economy and had discovered some of what Lin Yu said. Now the Central Committee also attaches great importance to this area, but unexpectedly, Lin Yu could see this directly. Sure enough, Xiao Yu is considered an expert among experts in the economic development.

From 1982 to 1986, the country has experienced continuous overdistribution of national income, especially in 1984~

The growth in 1986 was very strong and the quantity was large. The reason was the expansion of accumulation and consumption, the excessive issuance of currency, and the fiscal deficit increased. Now some comrades disagree with this return. They believe that the reason for the distribution of the economy is now beginning to doubt that this situation is a problem in the economy, a problem in progress or a concentrated outbreak of years of mistakes? If it is a concentrated violence of years of mistakes, then you have to change your course and cannot continue to move forward.

This attitude of the central government head hindered the in-depth analysis and serious solution to the over-distribution of national income.

"Then Xiaoyu, what do you think this situation will happen?" asked Lin Yu and the general manager.

"The main problems in our country's current economy are concentrated on the problem of over-distribution of national income and how to solve the over-distribution of national income. Many countries have thought about these two problems, but some have succeeded and some have failed." Lin Yu said with a smile.

Indeed, domestic debates since 1986 have been concentrated in whether to recognize the over-distribution of national income and how to resolve the over-distribution of national income.

In December 1986, the Office of the Central Financial Leading Group drafted a request report to be submitted to the Central Committee's Statement and the Central Standing Committee. The report pointed out that for three consecutive years, there has been a contradiction of total social demand exceeding total supply, and the problem of over-distribution of national income has not been fundamentally resolved. We must make up our minds to resolutely suppress the excessive expenditure, especially the excessive inflation of non-production expenditure. If we do not do this, the fiscal deficit will further increase by the second half of next year.

When the issuance of Yamato currency cannot be controlled, more serious price increases may occur, so it may be forced to make greater adjustments, which is very unfavorable to the development of the national economy. We must strive to avoid such a situation. When the Central Financial Leading Group discussed this report, the responsible person who presided over the work of the Central Financial Leading Group at that time did not agree to the over-distribution for three consecutive years, saying that if that is the case, there would be a major adjustment. Therefore, there is little determination to control demand.

However, Lin Yu was very disdainful of what the people in the financial team said. This was just a fool. The problem of over-distribution of national income is that the total demand for national income exceeds the total demand, the total demand is greater than the total supply, and the money supply is greater than the money demand. It is just another statement of excessive demand or inflation.

"Actually, this imagination has another saying abroad called inflation. When the total demand for national income exceeds the total supply and the money supply is greater than the demand for money, the currency will depreciate, just like the "Platform Agreement" agreement, the yen depreciates in large quantities. When this situation occurs, it will occur through inflation. To solve this situation, you must eat the stability of prices. Appropriate rise is necessary, but it cannot rise too much. In addition, it is to solve the problem of food and food, use prices to stabilize the economy, and in addition, it is necessary to tighten the finances and tighten credit to stabilize the economy. But if you continue, some problems may arise in the process. Therefore, we must take into account the basic national conditions of our country, and prevent the one-sided pursuit of excessive development speed. We must consider rural areas and small and medium-sized areas.

Only in this way can we do this well.”

Indeed, in my previous life, the Central Committee solved this problem when this happened. However, in the process of solving the problem, the Central Committee changed its adjustment plan, which made more and more problems. Moreover, the government's estimate of the rural situation was too optimistic, which was not conducive to the blind development and correction of the construction industry. In the process of reforming too much and over-controlling economic system, it ignored comprehensive balance and strengthening macro-control. It can be said that this rectification is separated from the national conditions of the country, surpassing national strength, and is too eager to achieve success. It can be said that the most important lesson in the past 40 years.

Mr. Lin heard the serious answer: "It seems that in a socialist country like ours, it is indeed difficult to learn the Western market economy methods. You are inevitably facing some difficulties in the process of searching. This is normal. You can continue to search and summarize experience at any time. In economic activities, the central government should concentrate the power that must be concentrated, and based on the basic national conditions of our country, firmly establish the idea of ​​continuous, stable and coordinated development. We must always put the continuous improvement of economic benefits at the top of economic work. We must resolutely prevent one-sided pursuit of excessive development speed, which will not be able to eat a fat man in one bite."!
Chapter completed!