Hong Kong Comprehensive World Champion

Chapter 811 A game of poker, layout of financial turmoil

A country's foreign exchange.

It is the foundation of financial markets.

It is also a barrier to national wealth!

Foreign exchange generally adopts two systems: "fixed exchange rate system" and "floating exchange rate system".

The "fixed exchange rate system" is to bind the exchange rate of the national currency to gold, or the US dollar, etc., with stable value and strong purchasing power.

A "floating exchange rate system" fluctuates according to the supply and demand of the currency.

Since the "fixed exchange rate system" has value markers, and the markers are stable, the barriers to wealth are relatively strong.

National wealth can be adequately protected.

"Floating exchange rate system" is to open the door of national wealth to the capital market...

The ups and downs are the most intense!

And there are no security barriers!

Therefore, the "fixed exchange rate system" is much better than the "floating exchange rate system" in terms of stability and security.

The United States was the first country in the world to adopt a "fixed exchange rate system". The price of gold was set at US$35 an ounce, which completely established the global trade value of US dollars.

Therefore, the US dollar has the title of US dollar!

And gold is a non-renewable precious metal with industrial, financial, collection and other effects.

America's move is very powerful!

Looking at the world, since ancient times, gold has represented wealth... Therefore, when the United States began to penetrate financial trade into other countries in the world, it recommended "U.S. dollars" as the standard object, and launched the "Bretton Woods System" to make "U.S. dollars "Become the world currency!

It has become the currency mark of most countries influenced by Western capital.

In the eyes of those third world countries that trust Western capital, the U.S. dollar is equal to gold. What's wrong with using the U.S. dollar as a symbol of "fixed exchange rate"?

This is no different from using gold as a marker.

There can also be economic aid from the United States, trade preferences, tariff relief...

It's bloody money!

Therefore, each country under the "Bretton Woods System" must reserve some US dollars every time it prints some currency.

This ensures currency stability.

Guarantee the exchange rate and purchasing power of currency in the world.

In this way, trade and develop the country.

You know, a country can't grow on its own self-sufficiency...at best it can barely make ends meet.

Only open exchanges, trade exchanges, and joining can accelerate development.

At this time, the currency exchange rate is the bargaining chip of national trade.

It's a pity that many countries don't know when to open up, and when they open up, they will be cut off.

And when the "Bretton Woods System" was established, the United States immediately canceled the legal price of "dollars" for gold, and completed a wave of operations for harvesting leeks.

In the end, those countries can only hold their noses and admit their debts, using the "dollar" as a foreign exchange token, and completely tying national wealth to the train of the United States.

And this train will ostensibly bring them rapid development.

In fact, it has completely exposed its own wealth and financial system to the fangs of the other party.

"A 3!"

box.

poker table.

Zhuang Shikai threw down a "3 of Spades", and was the first to add a hole card to the empty card table.

Sima Xiang sat on the left side of the poker table.

"A 6."

He took out a card and said with a shake of his hand.

"A K."

Wei Hang sat on the right side of the card table, dropped a "King of Diamonds" and followed.

Zhuang Shikai was holding a handful of cards, a glass of wine and a cigar beside him.

At this moment the cigar rests against the ashtray.

A curl of white smoke rises.

Chen Zhan, Huang Shitong and the others stood by the card table with wine glasses in their hands, divided into two groups and looked at the cards of "Wei Hang" and "Sima Xiang", but no one dared to look at the cards of the big boss.

In the middle of the night, at the Peninsula Hotel, the "Landlord Club" box began to play "Fighting the Landlord", which the boss loves most.

And among the 100 games played by the Landlords Club, it is rare for a big boss to participate... Since it is a game with a big boss, everyone is naturally playing a big game, and the default ante for each hand is a set of " Thousand-square-foot mansion", the landlord mainly has two sets!

Bombs, sky cards, and land grabs all double!

So there are no chips or cash on the table at all.

This is a hundred times more heroic than Huang Shitong, Chen Zhan and others who put cash on the table and lost hundreds of thousands, hundreds of thousands!

Of course, not everyone is qualified to play cards with the big boss.

Tonight, the big boss is playing cards while talking about business. Only Sima Xiang and Wei Hang can accompany him, and the others can only watch "spiritual participation" from the sidelines. Can't sit in a poker game all night.

Because Sima Xiang is the leader of the Landlord Association, and Wei Hang is a newcomer who is valued by the "big boss". He just came back from actual trading and earned 3 billion for the big boss...

As for Luo Minsheng, what else do I need to say? Usually, he can't even get in the poker game of Huang Shitong and others, so he can only obediently be a waiter by the side!

It was also a blessing for him to be an observer.

"Crush to death."

Zhuang Shikai dropped a "2" sermon.

Sure enough, Sima Xiang and Wei Hang both said it.

"Three belts and one."

Zhuang Shikai threw down four cards: "After World War II, the vast majority of Asian countries imitated the financial systems of Western countries. Except for the mainland of the motherland, the countries and regions with better economies in Asia were all under the 'Bretton Woods System'."

"If we say that the decoupling of the U.S. dollar from gold is the first time the United States has cut leeks."

"Then the repeated release of the US dollar and the printing of money is the harvest of the "Bretton Woods System" countries in Asia."

"And the impending Asian financial turmoil!"

"It is another plunder of Asian wealth by Western capital!"

At this time Sima Xiang also dropped four cards and said aloud: "There is no way to do this. Who made the Asian continent after the Industrial Revolution always lag behind the Western continent?"

"Looking at the whole of Southeast Asia, apart from the mainland of the motherland, who is not the younger brother of the West?"

"For the rapid development of domestic bubbles, they took the initiative to bind with the US dollar, and it seems that they have achieved the short-term effect of rapid development."

"In fact, the root of disaster has already been planted."

Things on the financial, economic, and capital levels.

After all, it's all about force.

Today's world structure is the distribution pattern of World War II!

Everything is based on the victory or defeat of the war and the strength of the country!

Cannot be changed!

If the mainland of the motherland hadn't competed with the United States, won, and won a "battle of national destiny", how could the current situation be established?

You know, the foundation of a strong country has already been laid.

The motherland adopts an independent "foreign exchange control system", which not only allows foreign exchange and the free market to fluctuate, but also restricts the conversion of domestic currency to foreign exchange, building a strong barrier to national wealth!

Like a wall of iron and steel.

Make it impossible for greedy and cunning international capital to talk!

It can be said that this is the foundation of a strong country and the confidence of a big country. This is what makes the motherland different from all other countries. Even old capitalist countries such as "Britain" and "France" cannot compare.

Therefore, in the 1970s and 1980s, the visionary bigwigs saw the future prosperity of the motherland! That's why they want to contain, suppress, and block the country's rise crazily!

Block the road to the rise of great powers!

"Why is the financial turmoil called a financial turmoil?"

"Because once it starts it doesn't stop... it just gets bigger and bigger and harder."

"And once it blows, it will definitely hit Hong Kong Island."

"Still in the fiercest posture, coming menacingly, sweeping!" Wei Hang said while playing his cards.

"right."

Zhuang Shikai dropped a bomb and said lightly: "Those small countries want to develop, but our motherland also needs to develop. They tied their currency to the United States in exchange for the opportunity to join the WTO, and did business with the whole world, but they gave up security. "

"The motherland controls the exchange rate, temporarily slows down development, and takes security."

"But now that the country wants to develop, the country must develop. Hong Kong Island, as the window of the motherland, temporarily assumes the important task of the motherland's development!"

"If the development of the motherland is not on the right track, the door of the World Trade Center will not be opened. The historical mission of Hong Kong Island is here! Then I must guard the window of Hong Kong Island for the people of the motherland! We must break through this crisis!"

"Snapped!"

Zhuang Shikai threw off "One Dragon": "No one can stop it! If you stop it, you will die!"

He has regarded the 97 financial turmoil as a conspiracy and suppression by the Western world against the rise of the motherland.

Is it pure wealth plundering by Western capital?

Whether it is or not, the 97 storm will actually have the "effect" of suppressing the motherland, because once the financial market on Hong Kong Island falls, the development of the motherland will be slowed down, interrupted,

Even missed the opportunity of the times.

Weaken the national fortune!

Therefore, the financial turmoil is a stumbling block on the road to the rise of the motherland, and the stone must be kicked away!

Zhuang Shikai wants to smash it!

"Zhuang Sheng, but we don't have enough chips." Sima Xiang pushed his glasses and picked cards one by one. At this moment, he didn't know which card to play.

The main strategy of Western capital is generally to buy a large amount of the currency of the target country, and then place a huge short order.

Wait until the currency chips in hand are sufficient, and then quickly lower the currency exchange rate of the target country through concentrated selling.

Since currency transactions in the international market rely on "US dollar" purchases, if a country wants to support its own "currency value", it must provide enough US dollar reserves.

The financial systems of most Asian countries are not sound.

These unsound financial systems are like pieces of tempting fresh meat, attracting Wall Street capitalists...

These capitalists are a pack of wolves who smell blood!

When the foreign exchange reserves of the target country cannot support the value of the currency, it will trigger international panic selling, which will eventually lead to the currency's decline.

For every percentage point drop, how many percentage points will the short order profit...

This makes the capitalists make a lot of money on short orders!

And often an international completely abandons the currency pair starting from abandoning the "fixed exchange rate system" and changing to a "floating exchange rate system"!

In other words, it is difficult for Western capital to make money in foreign exchange transactions, and even has to post money. Their point of making money is to be short!

If Hong Kong Island wants to support the market value of the Hong Kong dollar, it has to go in two directions. The first is to acquire Hong Kong dollar chips, and the second is to collect foreign exchange preparations.

These two things are extremely complex operations.

And since other countries in Southeast Asia are unbearable and doomed to go bankrupt, Zhuang Shikai, in order to accumulate the chips in his hands, that is, "money", followed Western capital to do "international hot money" to make money in Southeast Asian countries!

The three billion Hong Kong dollars earned by "Wei Hang" in the Thai market is based on the orders of "Master Zhuang". Previously, the Thai market ate carrion and grilled bone marrow, and returned three billion!

He can dedicate his life to the nation, and he can also turn into a demon, cramp and skin people! Because from the perspective of the country and the nation, everyone except the Chinese is an enemy!

"Then earn more bargaining chips." Zhuang Shikai squinted his eyes and said aloud.

I feel that the writing of this chapter is not particularly satisfactory, Rong Junzai is looking for it.