They are all reborn, and the grandson is still a spare tire

In the blink of an eye, it was already around ten o'clock in the morning.

People's Hall, in a meeting room on the second floor.

A meeting is underway on launching large-scale infrastructure investment in the mainland to stimulate domestic demand and resist the risks of the international financial crisis.

In fact, this important meeting started at nine o'clock and lasted for an hour.

The person who was speaking at this moment was Yao Yuan.

"Once this stimulus package of large-scale infrastructure investment is announced and implemented, it will definitely have a huge stimulating effect on the development of the national economy, expand domestic demand, and enable our country's economy to get rid of the impact of the global financial crisis as soon as possible."

"But we must also be vigilant to prevent the drawbacks and negative effects of such large-scale infrastructure investment. These drawbacks may not be obvious in the short term, but after a few years of fermentation, they will affect the economic health of our country..."

Upon hearing this, all the participants were secretly shocked.

This kid's style is still the same as before, always saying shocking things.

This large-scale infrastructure investment stimulus plan, which was just proposed after rigorous discussion by senior leaders, was discussed on a large scale for the first time today.

But you were the first one to jump out and remind the top management to pay attention to the negative impact.

Although this is not a counter-argument, it still sounds unpleasant.

In front of the meeting room.

President Wen and Vice President Wang looked at each other and smiled at the same time.

The next moment, President Wen smiled and said:

"Comrade Yao Yuan, what are these drawbacks and negative effects you mentioned? Please tell us in detail. I would like to hear your details."

"Many comrades attending the meeting may not know that this plan of using large-scale infrastructure investment to stimulate the economy and help the national economy get rid of the impact of the financial crisis as soon as possible is related to Comrade Yao Yuan to a certain extent. It was he and Professor Ouyang who first proposed this idea."

"Now this young comrade is the first to stand up and remind us of the drawbacks of implementing this large-scale stimulus plan. This is very interesting. You are playing both the good cop and the bad cop role!"

"Hahaha"

Everyone couldn't help laughing.

While laughing, everyone was also secretly shocked.

This little guy has an amazing vision. He can actually propose such a grand stimulus plan from a national and even global perspective. It is no exaggeration to say that he has a high-level vision!

What is even more shocking is the huge influence of this little guy, which has apparently already affected major policies...

Thinking of this, everyone looked at Yao Yuan with eyes filled not only with admiration, but also with even more passion and envy.

Look at how other people's children are brought up, and then look at those pieces of waste at home, there is no comparison!

Under the gaze of everyone, Yao Yuan's face slightly blushed, and then he smiled and said loudly:

"Since the leaders have given me this opportunity, I will boldly share some of my thoughts. If there is anything inappropriate, I hope the leaders and experts and professors will criticize and correct me."

"First of all, in the process of implementing this super-large stimulus plan, it is likely to lead to a certain degree of inflation and debt risk. We must respond as soon as possible and effectively control inflation and debt risks."

"The implementation of this stimulus plan will inevitably require an increase in money supply to stimulate the economy, which is likely to lead to inflation and rising prices. We must find a way to keep inflation within a reasonable range."

"In addition, this investment plan will also increase the government's debt burden, which may lead to greater fiscal pressure in the future. If we have continuous international investment surpluses and foreign trade surpluses to supplement it, this problem will not be difficult to solve."

Having said that, he quickly glanced at Premier Wen, Uncle Qiu, and the fellow leader from his hometown who was attending the meeting.

A smile flashed in the eyes of the three of them at the same time, and they nodded slightly.

They all knew the subtext of Yao Yuan's words.

The international investment surplus he mentioned mainly includes two parts.

That is the money earned by Jiuye Investment Group and the secret operations team in the international financial market.

It’s just that the Jiuye Investment Group is in the open, and the secret action team is in the dark, and they cooperate with each other seamlessly.

With the massive international investment surpluses continuously provided by the Jiuye Investment Group and the secret action team, the financial pressure brought about by this large-scale infrastructure investment stimulus plan is actually easy to solve.

In other words, this problem is not really a problem and is not difficult to solve.

But this matter must be made public so that European and American countries and international financial markets can see the existence of this difficulty.

It's just a show, but few people know the truth.

Seeing the smiles in Uncle Qiu's eyes, Yao Yuan also smiled softly and continued:

"The second possible drawback is to avoid overcapacity and waste of resources. We must pay attention to the problem of overinvestment and large-scale expansion of production capacity in certain industries, and avoid waste of resources and imbalance in the economic structure."

"The third possible drawback is the hidden debt problem of local governments. Monetary easing policies will inevitably lead to corporate leverage. In order to implement stimulus plans, local governments will also increase their debt burden and face the risk of deleveraging in the future."

"This issue is similar to the first point about increasing the government debt burden. We must plan ahead and make overall plans to control the debt burden of the central and local governments within a relatively reasonable range to avoid a situation where the debt burden becomes too large to be eliminated."

"The fourth issue is to avoid the excessive growth of real estate investment as much as possible, to resolutely prevent the entire domestic economy from being hijacked by real estate, and not to allow the wildly growing real estate market to devour social wealth unscrupulously."

"In the past 30 years of reform and opening up, our country has achieved great achievements that have attracted worldwide attention and accumulated massive social wealth, which must not be swallowed up by the real estate market. In this regard, the bursting of the Japanese real estate bubble and the subsequent decades of stagnation are a bloody lesson for us."

"The fifth question is that we need to consider the decline in investment efficiency and asset bubbles that may result from the implementation of this large-scale stimulus plan. The decline in investment efficiency will definitely affect the sustainable growth of the economy..."

As Yao Yuan continued to talk, everyone's expressions kept changing and the shock in their eyes grew stronger.

Even the big bosses sitting at the front of the conference room were filled with shock.

Although the possible disadvantages of large-scale stimulus plans were mentioned in the reports submitted by Yao Yuan before, they were not so comprehensive.

Such a comprehensive and profound analysis was the first time that several senior leaders heard of it and they were all shocked.

It took Yao Yuan about ten minutes to finish his speech.

As soon as he finished speaking, Premier Wen took the lead in applauding and said with a smile:

"Very exciting, Comrade Yao Yuan. Your in-depth analysis is extremely valuable for reference. It is truly amazing!"

With him taking the lead, the other leaders and experts and scholars would not be stingy with their applause.

In a flash, the entire conference room was completely filled with thunderous applause.

"Well done, your performance is unparalleled. It's just that you have a bad habit of hiding your secrets, which always makes me angry!"

Professor Ouyang patted Yao Yuan's arm gently, his eyes full of satisfaction and a bit of unconcealable pride.

How can I not be proud!

Didn’t you see the expressions of Professor Lin and Dean Zhang next to them? Their eyes were red with envy and jealousy!

After the applause dies down, the meeting continues!

During the subsequent meeting, everyone not only discussed this massive stimulus plan of over 4 trillion yuan.

We also began to discuss the possible drawbacks and negative impacts of this large-scale stimulus plan raised by Yao Yuan, so as to take early measures to prevent them from happening!