Chapter 478 Energy
Li Qingye discussed with Lake and Baisha for more than twenty minutes.
The development strategy of the Nimanya branch has been determined, which is to raise the living standards of the entire Nimanya branch to a super-developed level by comprehensively developing nuclear power while using full recycling technology, biosynthesis technology, and indoor lightless agricultural technology.
And after Lake and the other two left.
Wang Xinya, who is in charge of the company's financial work, appeared in front of Li Qingye through holographic projection.
"Good afternoon, Mr. Chairman."
Li Qingye ate a piece of marzipan, replenished his sugar intake, and took a sip of tea: "Xinya, have you finished the currency reform plan?"
"Yes, I have sent the details to the chairman's exclusive email address."
Li Qingye opened his mailbox and retrieved the document.
Wang Xinya began to introduce: "This currency reform is an adjustment made to adapt to the company's current development needs."
After reading the overview, Li Qingye looked up and asked, "Energy Coins?"
"Yes, it's energy coins! Or electricity coins."
He raised his eyebrows and then asked, "How much foreign trade gold is currently circulating in the global market?"
Wang Xinya is familiar with the data in this regard: "It is about 714.3 billion, but 267 billion of it is debt, so after deducting it, there is still about 447.3 billion."
"Of these, West Asia holds around $200 billion, Africa holds $120 billion, and the rest is held in Russia, Northeast Asia, Central Asia and Latin America."
Li Qingye tapped the table lightly, analyzing possible problems in his mind.
Essentially, the gold value of Sapiens is not actually gold, but everything that Sapiens produces.
That is, the product base currency.
Gold is just one of the anchors.
He also checked the company's recent gold production, and after combining the data from various subsidiaries and branches , he concluded that 120 to 130 tons of gold were produced each month.
The industrial gold usage is also 120 to 130 tons per month.
Basically, you use as much gold as you produce.
Various power generation equipment are being updated, especially the death ray satellites in outer space. Each death ray satellite consumes 240 kilograms of gold.
The 420 dead light satellites currently in low-Earth orbit have consumed 103 tons of gold.
"Your plan is to proceed in two steps. First, launch the concept of energy gold, and then gradually adjust it to pure energy coins..."
Wang Xinya nodded: "Yes, after all, abolishing the gold standard all at once is likely to cause bank runs and financial turmoil."
"Have you discussed the value of energy coins with the Ministry of Industry?"
"I have discussed this with Minister Zhifan. Based on our electricity prices and generation costs, we believe that 1 gold dollar can be equivalent to 500 kilowatt-hours of electricity."
Li Qingye thought again: "1 gold yuan for 500 kWh?"
This currency value is relatively reasonable.
Because at this time, the indirect exchange rates between the gold yuan and the US dollar, the Chinese yuan, and the euro are:
1 gold dollar: 3 US dollars: 21 Chinese yuan: 4 euros.
The nuclear power cost of Sapiens is the lowest in the world, with an average thermal efficiency of 97%. The comprehensive power generation cost is about 20% to 30% of that of other forces.
Therefore, it is relatively reasonable to exchange 1 gold yuan for 500 kilowatt-hours of electricity.
Of course, this relative rationality is only for the Sapiens company itself.
That would be an extremely unfriendly situation for the currencies of other forces.
The indirect exchange rate between the Jinyuan and the three major mainstream currencies has been mentioned earlier.
Once gold is bundled with electricity, it means that 1 gold is equivalent to 500 kilowatt-hours of electricity.
So how much does it cost to produce 500 kilowatt-hours of electricity in America? If it is coal-fired power, the marginal cost is about US$18, cycle gas-fired power is about US$12, and nuclear power is about US$18.
This is equivalent to a 4 to 6 times appreciation of the yuan against the US dollar.
Even in Northeast Asia, where electricity generation costs are relatively low, electricity production costs are about 20% to 40% lower than in America.
The gold yuan will still appreciate by more than 2 to 3 times compared to its mainstream currency.
Perhaps many people would think that if the gold and yuan appreciate, wouldn't that be beneficial for major forces to sell products to Zhiren Company? Or would it be detrimental to Zhiren Company's product exports?
This is good news!
If you really think so, your market will definitely be destroyed by money.
The reason is very simple. Energy gold has a characteristic, which is to squeeze out the financial moisture of other products and currencies.
In other words, the financial water content of credit currencies such as the US dollar will shrink rapidly after being priced by energy gold.
After all, how much energy is used to produce a product, as well as how much raw materials, labor, and additional processes are used, can all be quantified.
However, the added value generated by financial products is not recognized within the Homo sapiens company.
For example, if you deposit money in Aoba Bank, you will not get any interest at all, but instead a service fee will be deducted.
As for why other forces do not open gold and dollar savings business and use interest to absorb deposits from employees of the Zhiren Company.
Of course, it is because it is not profitable to do so, and the Homo Sapiens company pursues balanced trade.
After banks of other forces absorb gold and yuan deposits, the money cannot be used at all, because this money is called "non-trade gold and yuan" and cannot be used for foreign trade purchases.
There was once a very smart company called HSBC, which secretly offered an annual interest rate of 4.2%, absorbing more than 50 billion yuan, and then it exploded.
This kind of employee funds could not be used for foreign trade, and the interest had to be paid in funds, so HSBC had no choice but to sell everything it had to raise the interest of 2.1 billion yuan.
Therefore, the employees of Homo Sapiens Company are called invalid customers in the Western financial world.
Although the Sapiens company does not use financial tricks, it has very strict financial monitoring of the world, especially the money in circulation, every transaction of which is recorded and coded.
Once the energy currency is launched, any force that wants to trade with the Homo Sapiens Company must recognize the value of the energy currency.
At that time, the previous trade gold will be adjusted to energy gold at the same time.
Energy coins will be more intuitive than gold coins. They can determine how much a product is worth, and the production cost of the product will become very critical.
Because the energy gold is definitely based on the products of Sapiens Company, and the production costs of Sapiens Company's products are often very low.
This will lead to a situation where it is very cost-effective to buy products from Sapiens, while the production cost of one's own products may be several times higher.
In essence, the Homo Sapiens company is using energy dollars and its own ultra-low power generation costs to launch a trade war against other forces.
As long as the cost of power generation is higher than that of Sapiens, then in the free market, Sapiens' products will only end in failure.
Unless they completely close down and stop doing any business with Homo Sapiens.
The problem is that not doing business with the Homo Sapiens company would make it difficult for those masters.
Many of Sapiens' technologies are world-leading, and some of their products have no alternatives at all, such as earthquake prediction services, cancer treatments with low side effects, canal services, and Mesenchymal preventive drugs for Alzheimer's disease.
Many masters often secretly send people to "buy on their behalf", and it is very difficult to ask them to completely stop trading with the Homo Sapiens company.
Therefore, the trade war brought about by the energy and gold will definitely affect all parties, and they have no way to completely cut off trade with the Homo sapiens company.