CHAPTER 1612: CHAPTER 1083: A FATHER’S DEBT, A DAUGHTER’S REPAYMENT (HAPPY LABOR DAY)

Indeed.

Selling off U.S. debt is definitely a strong measure to stabilize the exchange rate.

And the Dongying holds a lot of U.S. debt, being the biggest "creditor" overseas for the Beautiful Country, which means it holds the most U.S. debt.

"If Dongying were a sovereign country, it could indeed do so, sell off U.S. debt and transfer the pressure to Meilijian, but Dongying isn’t. Facing a debt crisis and expecting your dad to repay your debt for you, isn’t that unfilial?"

Shi Qianxi laughed, "Are those little devils really planning to be selfless and dutiful children?"

"Actually, the current situation isn’t entirely bad for Dongying."

Shi Qianxi was momentarily stunned by her father’s surprising statement.

No matter how well she had done since taking over, she hadn’t gotten so full of herself to truly believe she surpassed the master.

In terms of foresight, business acumen, and overall judgment, she certainly wasn’t as strong as her father, at least not yet.

So she didn’t question, but instinctively sat up straight and asked for advice: "Dad, why?"

"To understand a country, the best way is to go there and see for yourself."

Shi Zhenhua said.

Traveling abroad for Miss Shi was as simple as a regular person leaving their neighborhood.

She’s been to many countries, at least forty or fifty, and even went "exploring" in Antarctica, but she had never been to nearby Dongying.

The reason was none other.

Pure personal prejudice.

But this time she really wanted to go, wasn’t it to invite Li Shuru to join, and the other party didn’t accept.

"Jiang Chen is now in Dongying, and mom always said, girls should be reserved, right?"

Shi Zhenhua was struck silent immediately.

Shi Qianxi sipped her juice, "Dad, have you been to Dongying?"

Shi Zhenhua’s eyes showed a look of reminiscence, "Twenty years ago, when you were very small, I went once, with your mom."

Shi Qianxi remained silent.

She had done all she could.

And now her thoughts had changed.

Neither dad nor mom were ordinary parents, they wouldn’t be "manipulated" by their children.

Their lives depended solely on their own wishes.

Shi Zhenhua’s eyes quickly cleared up and he got back on track, "Dongying isn’t in a hurry to sell off U.S. debt, part of the reason might be due to some unspoken difficulties, and there could be another reason."

"What reason?"

"Perhaps they want inflation."

"Want inflation?"

Shi Qianxi was caught off guard.

Shi Zhenhua said calmly, "In the past few decades, Dongying’s economic growth has nearly stagnated, even experiencing negative interest rates, yet it hasn’t changed its low-desire society. The Dongying people still refuse to spend, to use your young people’s terms, it’s all about saving money, doing nothing, being a hermit, and fantasizing about marrying two-dimensional characters."

"Dad, you’re pretty trendy."

Shi Qianxi couldn’t help but laugh.

"Can we old folks not surf the internet?"

This legendary self-made man joked, there’s no need to put on airs in front of his daughter.

"Did Dongying really experience negative interest rates?"

Shi Qianxi was curious.

What does negative interest rates mean?

It means that not only is there no interest for depositing money in the bank, but you actually have to pay.

"Mm, the Bank of Dongying adjusted to negative interest rates to encourage public spending, even to force it, but the Dongying people remained indifferent. If you were the Japan Government, what would you do?"

Shi Qianxi was silent.

She felt at a loss.

No consumption.

Society is lifeless.

How does the economy develop?

As an entrepreneur, she could deeply empathize.

"If negative interest rates don’t work, we have to take stronger measures. Creating imported inflation, maybe the Japan Government is playing a bigger game."

"Dad, if negative interest rates don’t work, can inflation?"

"Imagine a Dongying person saved 25 million yen for retirement, then the exchange rate dropped by 35%, purchasing power becomes 16 million, and after some time, it becomes 14 million, 12 million... alive, but the money is gone. It’s like in a gambling game losing Southern Yue, losing Myanmar, losing face altogether."

Shi Qianxi couldn’t suppress her laughter.

Shenzhou National Football Team.

The pain of all men.

"Dad, don’t you plan to set up a football club? I’d absolutely support it!"

"What? You want your dad to start a business in his old age, lose a lifetime of reputation and success, just so you can surpass me, right?"

"Dad, you know too much."

After the father and daughter joked around, Shi Zhenhua continued, "It’s okay not to consume, but it’s impossible to sit by and watch yourself starve when you get old. Luxury goods getting more expensive is one thing, but transportation, food, gas... the excess cost of imports will spread across all these daily necessities. So the laid-back Dongying people have to get back to work and strive again. In this way, won’t the Dongying economy have new labor force and growth points?"

Shi Qianxi widened her eyes a bit, "Dad, your angle... it’s quite novel."

"How else could I be your dad?"

Shi Qianxi chuckled, "Dad, you really are thick-skinned."

Of course, the old man was just joking.

Shi Qianxi understood.

No country would actually take such extreme measures to boost its economy.

It’s like the nonsense of fighting poison with poison; you might not cure the disease and instead make someone die first.

Shi Qianxi put down her juice, then undid the ponytail she had tied for convenience while wearing a hat, shaking her head slightly as her hair spread out like seaweed.

"I’m not going to chat with you anymore. I’m not going over to say hello, Dad, please let them know for me later."

"Where are you going? Aren’t you eating?"

"I’m not eating, I have an appointment."

"Who is so important?"

"Li Shuru."

Upon hearing this name, Shi Zhenhua paused, "The general manager of Tianci Capital?"

"Dad, you know it."

Shi Qianxi glanced at her pretending father and picked up her hat.

"Did you really recognize her as your sister?"

Shi Zhenhua asked.

"I would like to, but it depends on whether she’s willing."

Shi Qianxi said nonchalantly.

Shi Zhenhua smiled, moved his mouth, but seemed unsure of what to say.

"Dad, are you going back on your word?" Shi Qianxi immediately said, "Aren’t you supporting me?"

"Dad is supporting you, but I support you in defeating her, not in being her sister."

Shi Zhenhua said grumpily.

As a father, even if he admires someone that much, there are limits.

"The highest form of warfare is to attack strategies; next is to attack alliances; next is to attack armies; the worst is to attack cities. Dad, isn’t the least damaging way to turn enemies into friends, to win without fighting?"

Facing his daughter’s gaze, Shi Zhenhua found himself at a loss for words.

Soon after, Shi Qianxi sighed, holding a baseball cap in her hand, "Dad, you have no idea how much pressure I’m under right now."

"Which aspect are you talking about?" Shi Zhenhua confirmed.

Shi Qianxi, as if not hearing him, continued to speak to herself, "So I can only unite everyone I can unite. Anyway, she’s willing to call me sister."

This reason is pretty convincing.

Whether it can convince others is unknown, but at least it can convince herself.

Shi Zhenhua opened his mouth, and as a father, he couldn’t help but say, "Qian Qian, actually, there are many choices..."

Indeed.

Those elders playing golf over there, they all have sons and nephews.

Perhaps in the face of the Witch Shi of that time, they would deliberate over and over, but for today’s Queen of Jin Hai, they would definitely be eager to agree.

"Dad, are you being ungrateful?"

Shi Qianxi interrupted her father before he could finish.

Shi Zhenhua’s tone froze, feeling amused and helpless.

"Little Jiang did me a favor, but that doesn’t mean I have to use my daughter as a tool for repayment, right?"

"The debt of a father, a daughter should repay; it’s only right and natural. Dad, don’t say anymore, I, Shi Qianxi, will never let others say you’re ungrateful or unloyal."

"..."

With a strong aura, Shi Zhenhua was again left speechless.

"I’m off."

The formidable Miss Shi stroked her hair, rendering her father powerless to reply, stood up, and left.