Chapter 199 Exchange Rate Devaluation
"So, Kadenikov, what exactly are we going to do? Or how many Volga cars and spare parts can you provide our company?"
Fang Chen put emphasis on the words "our company".
Kadanikov smiled and extended his hand, "Five thousand Zhiguli cars and two hundred containers of spare parts."
Fang Chen narrowed his eyes slightly, Kadanikov's appetite was greater than he thought, "What's the price?"
"The ex-factory price of a Zhiguli car is one thousand rubles, and one container contains spare parts for ten cars, worth ten thousand rubles."
"I also want to achieve a price of more than 400 rubles per car, but as you know, sometimes I need to compromise." Kadanikov said apologetically.
"Don't blame yourself, this price is already very profitable." Fang Chen said disapprovingly.
Naturally, he would not think that Kadenikov could really get him a car that only cost more than 400 rubles. This more than 400 rubles was the allocated price and the planned price.
Of course, the price of one thousand rubles is also a planned price, but as Kadenikov said, this is an ex-factory price after compromise on all aspects.
As for these 200 boxes of spare parts, although the prices are the same, they are actually more profitable than the 5,000 Zhiguli cars. After all, everyone knows that there is something called the parts-to-whole ratio in car repair.
With the current shortage of supplies, Fang Chen is confident that he can sell these parts at 1:5, or even 1:67.
"Are all the cars obtained by cooperatives at this price?" Fang Chen asked.
Cooperatives are a unique business form in the Soviet Union. Since Goto came to power in 1985, this model has been vigorously promoted to allow private individuals and large enterprises to combine. While helping large enterprises, private individuals can also obtain certain benefits.
But in fact, it is synonymous with poaching, and the resources of countless large companies continue to flow into private pockets through cooperatives.
The price of a car is one thousand rubles, which may not even cover the cost.
It’s just that the Volga Automobile Factory can also obtain various materials at planned prices, such as 100 rubles per ton of steel, 200 rubles per ton of rubber, etc.
When such a planned economy is self-sufficient, there is no problem. Everyone can obtain low-cost goods through their own efforts and contributions.
But once there is a shortage, the true price of the item will be reflected, or even higher.
Kadenikov shook his head, "That's not the case. Depending on the individual's position, the ex-factory price that each person can be approved for is not necessarily certain. One thousand rubles is the lowest price!"
After saying that, Kadenikov looked at Fang Chen proudly.
Fang Chen smiled playfully, okay, it's not based on economic benefits, but on the level of position. This is very socialist.
But in fact, it doesn't matter whether the cost is high or low. Just like he is now a businessman, what limits his speed of making money is that there are not so many goods, not the cost of the goods.
Even if a car costs 2,000 rubles, it doesn't matter. Once sold, you can earn at least more than 2,000 rubles, which is a huge profit no matter how you calculate it.
"If you calculate it this way, it would cost seven million rubles to take all of this away, right?" Fang Chen said with a headache.
He really has a happy worry now. There are too many goods, but he can't eat them. He now has less than four million yuan in his hand, and it's still Chinese currency.
All the two million rubles earned from the previous one train of leather were sent back to the country, which was considered to be the final payment for the ten trains of leather.
He would have to wait until the ten railroad cars arrived in Moscow in five days before he would have money in his hands again.
In other words, the current Fang Chen is actually the surface of a donkey dung egg.
Kadanikov smiled and waved his finger, "Fang, you only need to provide half of the money for these goods now, and you can take them all away."
Fang Chen's eyes lit up, "When will the balance be paid?"
"After half a year? After a year? Even after two years! Pay whenever you want." Kadanikov said with a smile.
"That's great!" Fang Chen was smiling from ear to ear.
Fang Chen suddenly remembered something. The ruble was about to experience a large-scale depreciation. In November 1991, the exchange rate of the ruble to the US dollar dropped from 0.6 rubles to 1 US dollar to 1.8 rubles to 1 US dollar.
Then, under the influence of Yeltsin's shock therapy and the malicious manipulation of European and American countries, the ruble's exchange rate dropped almost at an avalanche speed.
By the end of that year, the exchange rate of the ruble to the U.S. dollar was 170:1.
Three years later, it dropped to an exaggerated 3,000 rubles: 1 US dollar.
This downward trend did not change until the year before Fang Chen was reborn.
Someone has calculated that in the twenty years since the disintegration of the Soviet Union, the ruble has depreciated fifty thousand times.
"Why is it so good?" Kadenikov asked.
"I think the ruble will depreciate on a large scale in the future, and the depreciation ratio will not be less than one to ten, which means that something worth one thousand rubles now will cost ten thousand rubles to buy in the future," Fang Chen said.
Kadenikov was a little stunned, but Berezovsky on the side nodded.
Berezovsky said sadly: "This is also my speculation."
As a mathematician who has long paid attention to the economic field, Berezovsky has long discovered that the value of the ruble is seriously inflated and does not match the actual purchasing power.
This situation actually occurs in every planned economic system, and it is the same in China.
Before the reform and opening up, the exchange rate of the Chinese currency against the US dollar was stable for a long time at around 1.5 Chinese currency per US dollar. However, after the reform and opening up, the exchange rate continued to fall. It was not until 1993 that the exchange rate depreciated directly from 5.7 to 8.6. The downward trend of the exchange rate was considered
Slow down.
The exchange rate of around 8:1 was maintained for nearly fifteen years, and it was not until 2008, during the economic crisis, that the exchange rate was considered to have risen.
In other words, from the reform and opening up to 2008, during the entire period, the Chinese people paid a huge price in terms of exchange rate in order to promote economic development.
It's just better than the Russians whose exchange rate fell 50,000 times before and after.
"What does this mean?" Kadanikov's head was a little confused.
He was one of the few economic management talents in the Soviet Union, but when it came to exchange rates, his brain was somewhat insufficient.
"In other words, if we owe Volga Automobile Factory one million rubles now, then when the exchange rate depreciates, we will actually only have to pay back one hundred thousand rubles." Fang Chen explained.
Chapter completed!