Reborn with Consumption System

Time passes with the busy days and nights, and again we reach the weekend.

Suddenly, Lu Yisi calls: "President Han, your custom jewelry is all ready!"

Oh, I need to go quickly.

But a new problem arises—who to bring?

Can’t bring Pan Ge; if she sees any piece of jewelry she really likes, what if she refuses to part with it?

Xi Luting is not an option either; she’ll surely tell Pan Ge and stir up trouble.

Sister Ting and Sister Bai are inconvenient, and Tang Xintian is currently so busy that whenever she has a bit of free time, she only does one thing—urge the collection of public grain.

Therefore, after thinking it over, Han Lie decided to bring Yu Yun.

As a tool person, she is perfect.

Not just her ability to sweet-talk, but the mere fact of leading her out the door is eye-catching, few can compare.

Besides, she loves those blingbling jewels, almost as if she wants to embed her eyeballs with them, so, Doggy Lie brought out a pile for her to admire, then turned to give it to someone else...

Her expression must be extremely amusing.

Alright, she’ll be the one!

Han Lie made plans with Yu Yun to go shopping tomorrow, then headed to Tang Xintian’s place.

From 7:30 to 10 o’clock is study time—serious, formal studying!

Sister Da Tang especially likes to discuss work with Han Lie; sometimes she also has financial and economic questions she doesn’t understand and asks Han Lie for help.

She can get immense satisfaction from this exchange and is as enthusiastic as if she’s taken medicine, so it’s only natural for Han Lie to willingly cooperate.

Today she started the conversation with some new off-balance-sheet transactions, then asked a very complex question—is the bubble in real estate and finance in the current time frame truly the fundamental issue for Huaxia’s economy?

If not, then why is the nation strictly controlling real estate investment during this period?

If it is, then why is the nation still implementing procyclical operations, continuing to release funds and turning a blind eye to the massive capital outflows?

Honestly, this combo of questions would leave economics graduates from Qingbei dumbfounded.

To explain this set of questions from the root, at the current time frame, is roughly Nobel Prize-level economics.

The West may not want to give Huaxia economists awards, but it doesn’t matter; the national top-level think tank (the one often out by the sea) surely has a spot for you.

Capable people do more work, how about you also take on a role as the dean of Guanghua School of Management?

No need for you to teach undergrads, just supervise a couple of PhDs!

The difficulty is about this level.

When Tang Xintian asked, she never expected Han Lie to fully answer; she only wanted a perspective, an angle, a discussion atmosphere.

However, she didn’t expect Han Lie to really be able to clearly explain.

Unexpectedly, Han Lie is certainly the only person on Earth who can explain this at the current time frame.

The foundation is what he saw and heard before rebirth.

But back then, the lowly Lie didn’t have the correct methodology for thinking, nor did he have an IQ that could understand the deeper reasons behind phenomena.

But now, with 89 intelligence points plus level five economics and level five finance, he can finally fully unravel the memory treasury of his past life.

Han Lie usually can’t be bothered to do this since he’s not in a position of power, he’d rather not meddle in politics; however, if he becomes a representative one day, he might be interested in proposing a few sensational proposals.

Today, his clingy sister unexpectedly piqued his interest in discussion.

"To understand this issue, you first need to understand the cause of bubble formation. What do you think it is?"

Hearing the counter-question, Tang Xintian focuses her mind to think.

She’s not one of those common socialite "celebrities" who knows nothing beyond coaxing men; she’s a true scholar, also a high-level daughter.

Therefore, her answer is not immediately what most people would think of—the domestic flood of money caused by the subprime mortgage crisis.

"I believe the fundamental reason should be our basic national policy—the developmental demand to ensure GDP growth through investment and export."

"Precisely."

She only answered one sentence, but in Han Lie’s ears, it equaled throwing a heap of papers, essentially using facts as the basis for the argument.

So this topic she can talk about, but bread crumbs can’t be written.

Risk is a secondary concern; the main issue is not being able to pad several thousand words to explain a slightly higher-level common knowledge.

There are so many commonalities behind this topic...

Thus in the end, it was actually Han Lie who established a new economic model for Tang Xintian.

The model is built on the essence of Huaxia as the world’s factory.

Huaxia produces over 50% of the world’s goods, sustaining 1.4 billion people with the lowest cost profit curve. This is both our success and the cage of Western countries’ blockade against us.

Turn left, Western tech companies wield the patent stick, constantly plundering the bulk of profits.

Look right, under Mi Yuan’s hegemonic rule, international financial capital strictly blocks the RMB’s outbound path and continuously conducts another level of harvesting through liquidity.

Yet these two issues still aren’t the root; the root is the pressure from ZZ isolation and JS threats.

So it results in Huaxia temporarily being firmly welded to the production-country status.

The problem is, once another global economic crisis occurs, and domestic massive production capacity can’t be released, it will inevitably lead to overproduction.

The effect of investment-driven growth is diminishing, and weak exports combined with liquidity traps will almost certainly lead to major malignant inflation.

In fact, domestically, until 23 years have stubbornly held on, upper inflation lower deflation overall stagnation, partly due to recent years of procyclical operations.