I Became Park Jeong-ui’s Nephew - Chapter 227



Only Krnovel

He became Park Jeong-ui’s nephew. – (227)

[The reason Mongolia fell was because they failed to distribute wealth properly.]

This is Japan,

A sensitive topic has emerged as a social issue.

The Mongol Empire, which occupied the largest territory in the world before the emergence of the British Empire, what is the background behind its rise and fall?

In fact, Mongolia is a country that grew through redistribution.

Mongolia has long maintained its economy through plunder and barter, and this tendency became even more pronounced after Genghis Khan unified Mongolia.

If the Mongols, with a population of just over 1 million, plundered the Jin Dynasty with a population of 40 million, how much material would have flowed into the grasslands?

In addition, Genghis Khan distributed this equally among the members, and the formula of ‘fighting = wealth’ was established in Mongolian society.

Who would avoid war if they want to become rich through fighting?

It is true that Mongolia quickly conquered neighboring countries and became even wealthier as war and wealth redistribution took place simultaneously, but the problem comes after the war is over.

As the Mongols conquered China, Central Asia, and the Middle East, they realized the need for currency rather than barter. So did the Mongols produce currency and redistribute it properly?

Of course not.

It is easy to redistribute to Mongolia, which has only 1 million people.

But redistributing it to a population of 100 million is a separate issue.

The Mongol Empire issued currency (approximately 73,000 jeong) in proportion to its silver reserves (3.65 million gwan), and the right to issue this currency was given to the Yuan imperial family and vassal princes – nobles (Mongols).

The structure in which money is monopolized by a certain class,

Fortunately, after conquering the Southern Song Dynasty, a large amount of silver was circulated in the Yuan Dynasty, and the imperial family was able to print more currency using this as a basis.

But as I explained before, the right to print this money was monopolized by a certain class, and the imbalance of wealth led to social discontent.

In addition, because they had printed too much currency to push ahead with the Japanese expedition, the currency value plummeted to one-third of its original value. The Yuan Dynasty printed even more currency to maintain its empire, and all of that money was invested in maintaining the empire.

The result is inflation and chronic fiscal deficits,

Eventually, the Yuan Dynasty stopped issuing currency and three years later, they were driven out of China and returned to the grasslands.

This is the rise and fall of the Mongol Empire. How ridiculous it is that a country that was founded through redistribution ended up falling apart because of redistribution.

This problem also applies to modern society.

[Do you want to get rich? Then come to America]

[Fight for America and you will get rich.]

The reason people come to America is simple: they believe that anyone can become rich if they work hard here.

In fact, the US settled at 19.1k (10K = 10,000 dollars) in annual income in 1960, and passed 30K in 1975.

Recently, with South Korea’s leader leading the wage increase, this upward trend has become even steeper. Why has the US been steadily rising despite the difficulties?

Because I have maintained the belief that I can make money by working in the United States,

Nothing is more important to national development.

Just as the warriors of the Mongol Empire risked their lives in war to gain wealth, countless workers in America are gritting their teeth and working to become rich—over 30 million of them.

What country has such a large number of industrial warriors?

This is the real reason why America has become the world’s most powerful country, and as long as America maintains high wages, this prestige will never be diminished.

However, if you think that the US is only a country with high wages, you are mistaken. The US has a miraculous territory where society is maintained even if money is thrown at the people.

A treasure trove of vast resources, boasting crude oil reserves that easily surpass those of Saudi Arabia, the world’s number one grain producer, the world’s second largest coal producer, the world’s third largest gold producer, and the world’s fourth largest fishery producer.

Surprisingly, this is a measure to minimize production in order to prevent a price crash.

“If we really wanted to produce, world grain prices would go to shit.”

“Even if we dig coal little by little, the environment will be destroyed.”

“Since we’re already doing it, should we also restrict fishing?”

The United States is a country that can just dig up its own land and eat it up without any problems. It has minimized its national capabilities and is still at that level. What more needs to be said?

There is no need to wage wars of plunder like the Mongols, and if the country redistributes well, there will be no problem.

However, the United States lifted its ban on foreign investment, saying it did not want foreigners to dig up its land, and just opened the market, but $18 billion poured in.

Thanks to this, the economy is at its peak, and people are living well while the economy is prospering with other people’s money.

What about Japan then?

In Japan, the trickle-down effect has recently emerged as a central economic policy.

As the United States lifts its ban on foreign investment, industrial capacity will shift to the United States. How will Japan respond?

If companies are flocking to the United States, Japan has no choice but to implement policies to win over companies, such as lowering income and corporate taxes and making the wealthy even richer.

“We’ll make you richer, so why don’t you share the profits with the Japanese workers who work for you?”

The so-called trickle-down effect,

If the rich get richer, will they be more generous to those below them? The reality is a cesspool, the rich only care about their own wallets and don’t even think about raising their wages.

That’s why there’s so much talk in Japan, isn’t there no guarantee that giving tax benefits to foreign companies will help the Japanese?

If a company cannot redistribute, there is no need to grow the company.

The problem is that if companies leave, the country will collapse, and companies that are in a complete upper hand look down on the government.

If Japan wants to grow in the future, should it invest more in its corporations and make them rich? Or, on the contrary, should it regulate them?

Japan, caught in a debt crisis, was unable to do anything.

If the people do not become rich, the economy will stagnate. This was true in the past and is no different in modern society.

Who will save Japan from this crisis?

Surprisingly, the main character was not Japanese.

***

“Japan should also raise wages by 5%.”

“All right.”

This is the Daedeok County official residence.

Today, I sat in my office and shouted at the world.

Recently, the Philippines has been liberated from dictatorship and $300 million in development funds have been injected into the country, and the Philippine economy is gradually becoming more active.

The next target is Japan, I have invested a lot in Japan so far.

Not only did they pour in money, but they also hired 900,000 workers. If they had invested more, Japan’s economy would have been better than it is now.

But when the US lifted its ban on foreign investment, I poured all my spare money, $5 billion, into the US.

As a result, Japan’s upward trend has been broken, the U.S. economy is running wild, and if things continue this way, Japan will fall deeper and deeper into the swamp.

This is why there is talk of cutting taxes for the rich to achieve a trickle-down effect.

But I am a person who thinks negatively about the trickle-down effect.

“The carriers will lower their rates someday. Someday….”

Even thinking about it now, it’s a legendary story. They say it will come down someday, but it never will.

That trickle-down effect is a logic that relies on the ‘morality’ of the rich. If a rich person’s wealth increases from 20 billion to 50 billion, do you think they will give back to society?

Now that I’ve earned 50 billion, I’ll have to earn 100 billion next.

Even ordinary people tremble when just ten thousand won is taken out of their pockets, so do you think the rich would be willing to spend hundreds of billions of won to give back to society?

It’s impossible.

This is why I can’t play the card of tax cuts for the rich in the future. 99% of the world’s population has lost income, and only the top 1%’s wealth has doubled, so what trickle-down effect are you talking about?

So in this day and age, I’m running my own business.

“Trickle-down effect? ​​Okay, I’ll do it. Because in this day and age, I have the upper hand.”

In this era, I am the richest person in the world.

I only had assets worth 20 billion dollars, but if I had been greedy, I would have surpassed 40 billion dollars long ago.

But if money is concentrated in a small number of people, capitalism will be ruined. The lifespan of capitalism is determined by how redistribution is done.

Is the US stupid that the federal government and central bank are implementing quantitative easing policies?

If we fail to properly distribute wealth, America will perish, and in the face of the poverty gap, there is no such thing as patriotism or self-pity.

What made America what it is today was steady wage increases.

I’m not crazy enough to be driving wage increases.

The United States has a foundation that can raise wages, and if the United States is doing well, it can stabilize world prices.

Korea and Japan are also enjoying the rebound effect, but Japan is not feeling it directly.

They say that if the US economy improves, Japan’s economy will improve too, so why is Japan stagnant?

That’s because companies don’t reflect their profits in wage increases.

It is true that I had been so focused on the United States that I had been indifferent to Japan, but this time I raised the wages of Japanese workers at Daehan Transportation by 5%.

Japan in chaos,

The Japanese government is talking about tax cuts for the rich, but I went the opposite way, so you can imagine how surprised I was.

Japanese local companies also played with the media, saying that this was nonsense.

“It is not yet time for Japan to discuss wage increases!!”

“If wages rise by 5%, corporate productivity….”

“Cut the nonsense out, I know you guys are eating well and living well.”

Businessmen who make jokes whenever they get the chance,

If you earn 5 billion yen and then 5.02 billion yen, is it difficult?

The fate of the world depends on how redistribution is carried out, but those who only pursue their own greed, I have stated my intention to reflect the increase in corporate profits in wages going forward.

“I know very well that the trickle-down effect is an illusion based on the morality of the rich. If I had only been greedy, I would have become richer by now, but don’t we all know that that’s not the right answer?

I can’t make all Japanese rich, but I can at least provide them with a foundation to live on. And that’s the role of a world leader.

Some people will think I’m a fool, for giving up the benefits that could have made me richer. But I have a bigger goal. To be a world leader and have the support and respect of millions of people.

“For that purpose, I can tolerate some loss.”

This incident completely turned public opinion in Japan toward me.

Public opinion has been formed that the Korean leader is a much more trustworthy figure than the Japanese political world that talks about tax cuts for the rich.

With this incident, the conquest of Japan was virtually completed.

If I did what even the government couldn’t do, who would the Japanese follow?

In the past, it was often said that the Korean enemy was a villain plotting to take over Japan, but this incident has put such talk to rest.

[Korea’s enemy is Asia’s Genghis Khan]

[Asia was conquered in his hands.]

A Japanese reporter even wrote an article like this,

Genghis Khan was not only good at war, but also a capable politician who implemented redistribution to maintain the country’s driving force for development.

I am the man who swayed the Japanese people’s hearts with that redistribution policy, and I could have easily taken over Japan without using guns or cannons.

I conquered Japan, which even the Yuan Dynasty could not do anything about, so what do I have to fear?

The foundation established in the United States must have been solid, and they expanded their influence without hesitation.