Chapter 673： Tinkering (2/2)

Just like the newspaper said: ”Judge whether the other party has money, and see if he has a phone call at home.”

The richest people are VIP customers of the telephone company. As long as the phones are installed, they are all middle class.

The Internet access fee of up to 500 Aegis and the phone fee of a minimum of 30 Aegis each month directly eliminated all ordinary people.

Don't be too expensive. In fact, because of the establishment of outlets throughout the country, the telephone company is still losing money.

If it is not for the purpose of capturing the market, it is estimated that like many European countries, the phone is only for large cities.

The high cost is actually paying for new technology research and development and promotion. Monopoly management is both a praise for developers and a helpless reality.

Without the core technology, it is necessary to pay patent fees, the infrastructure investment cost is too high, and the profit prospects are not optimistic. So many unfavorable factors combined are simply not affordable for ordinary enterprises.

Against the background of continued loss of money and long-term profits, anti-monopoly talk is actually nonsense.

It is easy to stand up to moral dominance. The problem is to solve the problem? It is easy to break the monopoly, and then what?

Enterprises do not see profit prospects, they have no incentive to develop and promote new technologies, and the consequences can be more serious than monopolies.

Each era has its own characteristics, and the most suitable is the best. The so-called monopoly impedes scientific and technological progress. In fact, it is relatively speaking. Before that, monopoly also promoted scientific and technological progress.

Of course, this is limited to technology. The premise is that based on scientific and technological innovation, relying on more advanced technology to occupy the market and obtain a monopoly position.

Even in later generations, monopoly groups are still not in the minority, relying on technological advantages. There is no way, peers do not help, and failed in market competition.

You can't just for the sake of antitrust, you shouldn't stop others from making technological progress, and wait for competitors to catch up.

The issue of side effects is temporarily out of Franz's consideration. You can't stop eating because you may be choked to eat.

These problems are left to future generations to solve. Now I still strive to climb the technology tree and stand out in this most cruel era.

...

Chancellor of the Exchequer Carl: ”Your Majesty, is now in a period of rapid economic development. Sudden contraction of money can easily cause market turmoil.”

Carr should not be worried, the government in the free economy era rarely intervened in the market, and did not know how to intervene in the market.

Doing something that has never been done before and involving a lot of things will cause doubts in normal people.

Franz shook his head: ”It is not a direct contraction of money. We only need to regulate the approval of loans to ensure the safety of depositors' funds.”

The same thing, in other words, produces different results.

Direct and rude government intervention, or forcing banks to shrink their money, will definitely suffer a strong rebound. The situation will be different if you intervene in the name of regulated loan origination.

The latter itself is one of the functions of the government, protecting the safety of depositors' funds, and it is a tall use, and no one can oppose it.

While regulating loan disbursement, there will naturally be some loans with incomplete procedures and false information that cannot be approved.

Usually these loans are also high-risk loans. Preventing these loans from disbursing not only substantially reduces the amount of money, but also protects the safety of depositors' funds.

It is not obvious now, after the crisis erupts, every additional SHIELD cash may be the life-saving straw of the bank.

Franz didn't want to see the massive bankruptcy of domestic banks, and then the government was forced to pick up the mess and make the finances in debt.

Alex, Minister of Banking Supervision: ”Your Majesty, we still lack the legal basis for this, and the government has not clearly stipulated the scope of supervision over commercial loans.

If you step in blindly, without detailed standards, it is easy to abuse your authority and cause bad consequences. ”

Since the suppression of the March Revolution, the Austrian government has opened the way to legal reform. The Communist Party has been busy for thirty years, but it has not been able to fully refine it.

Many problems are patched only after they are discovered. Franz is accustomed to tinkering. The legal system itself is perfected through constant exploration, and it is simply unrealistic in one step.

”I will say hello to the Legislative Council on this issue. You are responsible for cooperating, collecting more cases, and coming up with an implementation rule as soon as possible.

The imperfections will be filled later. It ’s a long-term job to plug some loopholes and less. ”

...

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