The Strongest Life Reborn
Chapter 1498: Severe exchange rate
[Title: Life strongest rebirth of Chapter 1498 of the danger of exchange rate: only handsome]
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Highly recommended: Immortal Realm Respects the Ancient God King Wu Lian Peak Five Elements Heavenly Profound Realm Gate Choosing the Heavens Yongye King Reverse Scale Lord Dominate the Holy Market Snow Hawk Lord Lord Eternal Youde is very surprised and emotional at this move of Yin Jun.
There are some moving.
He knows that Yin Jun is devoted to the mainland of China, but on weekdays, Yin Jun has a decent way of doing things. He also appreciates this young man.
Therefore, Youde did not specifically target Yin Jun.
Now he found that he had good news for this.
Not only did Yin Jun help him stabilize the chaotic situation in Xiangjiang, he also stood up at this most dangerous time and told everyone to believe in the government and the Hong Kong dollar.
Yin Jun not only said that he also invested a lot of money to come in and substantively support the Hong Kong dollar.
Nothing could reflect Yin Jun ’s support!
This proves that Yin Jun is really desperately supporting Xiangjiang and not letting Xiangjiang's economy collapse.
Youde certainly does the same.
As the governor of Xiangjiang, what he wants to do is to develop Xiangjiang well. If Xiangjiang is destroyed in his hands, that is his shame.
This is not about how China and Britain negotiate, but his responsibility as a local official.
This sense of responsibility absolutely does not allow Youde to live together and live with her.
So in addition to thanking Yin Jun for his shot, he also told Yin Jun that the Chief Secretary is ordering the Financial Secretary to formulate a new currency plan. There will be a good turnaround, and he will not be exhausted.
Yin Jun naturally answered very politely.
No one knows more than him, what policy will Xiangjiang adopt to deal with this time the Hong Kong dollar has plummeted.
That is to lock the exchange rate of the Hong Kong dollar.
Fix the exchange rate of Hong Kong dollar and US dollar at 7.8: 1!
Whenever people take the Hong Kong dollar to exchange for US dollars, it is 7.8 Hong Kong dollars to exchange for one US dollar, without any surprises.
The government uses financial revenue and credit guarantees, and unless Hong Kong collapses, the exchange rate remains valid.
As soon as this trick came out, it turned out to be an immediate effect. Within two or three days, the Hong Kong dollar surged and the normal 7.8 price was restored in a week.
Since then, the exchange rate has not changed for more than thirty years. Even in the financial crisis of 1997 and the financial crisis of 2008, the value of the Hong Kong dollar has been very strong.
This has also ensured that Xiangjiang's economy has continued to develop at a high speed during these years.
Therefore, Yin Jun is now shooting, apparently to stand up for Xiang Jiang, but in fact is taking advantage.
The reputation has been gained, and after half a month or a month, the benefits will be available.
Now the Hong Kong dollar is almost 10: 1 plummeted. If it is restored to a fixed exchange rate of 7.8, how rich is the gain of about 28%?
The key is that the time is only about a month, and you can have a profit of nearly 30%, which is already a huge profit.
Therefore, the more others exchange US dollars, the more Yin Jun can earn. If all the two billion US dollars have been exchanged, then Yin Jun can earn a net 600 million US dollars!
Calculated according to the exchange rate of 7.8, 600 million US dollars can be more than 4 billion Hong Kong dollars!
Although the wealth of Xiangjiang has increased a lot in the past two years, it has experienced a series of stock market crashes, and the fifth richest person in Xiangjiang does not have so much net worth!
It seems that making money is too simple, right?
It's not that simple at all.
The exchange rate is a very dangerous thing that ordinary people dare not touch.
Not to mention ordinary people, it is a country that can be played by it if you do n’t pay attention.
As far as the US dollar is concerned, the Fed used it to lay out a bureau, and it did not let the US warships and administrative means make a move.
As we all know, in fact from the 1970s to the 1980s, many second-tier countries in the world had experienced a period of economic recovery and flourished.
Among these countries are not only Philippine in Asia, Japan, South Korea and Thailand, but also Argentina, Chile, Brazil and so on in Latin America. It's all been a period of great economic development.
But the good days did not last long.
At first glance, the United States will not work. After your economy develops, what will you do to threaten the status of the United States? What about our merchandise sales? Is the Americas our back garden?
So the Fed has a plan.
Since 71, the dollar has been slowly depreciating.
By the year 79, the dollar had fallen by more than 27%.
But since this year, the exchange rate of the US dollar has reversed and entered a period of rapid appreciation.
In the six years from 79 to 85 years, the dollar has risen by 54%!
In this way, the overall rise and fall of the US dollar exceeded 80%!
Think about how much such a currency's rise and fall will hit some countries with foreign trade demand, especially economies that use US dollars as transaction settlement.
Therefore, all countries in Latin America were directly hit by this round of ups and downs and entered a financial recession that has lasted for more than two decades.
Do you think this is the end?
wrong!
Entering the 21st century, the days in Latin America are only slightly better. The larger financial tsunami of 2008 directly destroyed their economies again, once again the export trade of these countries was devastated and the financial order Severe damage was again beaten back more than ten years ago.
If Yin Jun keeps holding US dollars in his hands, he can earn about 20% after two years.
Although it is not as profitable as 28% this month, it is also a long-term income. Excluding loan interest, you can still earn a lot.
Right now Latin America has entered a predicament, but the Fed has not stopped there.
Because soon they are about to start the day. Ben's wool.
After the 85-year plaza agreement, the sharp appreciation of the yen directly destroyed Japan ’s 30 years of hard work.
Waiting for the collapse of Japan, the Fed seemed to close, but its dog, Wall Street, quietly dispatched again.
First, around 90 years ago, Wall Street attacked Britain, the world's second largest economy.
Soros and others caused the pound to withdraw directly from the trading system, and since then handed over the world's trading currency rights to the United States.
Since then, the US dollar has become the dominant country.
In 1997, just like the collapse of Latin America more than a decade ago, all four Asian tigers and four tigers were directly beaten on the ground, and they could no longer crawl.
So you see, just a change in the exchange rate, the US and Chinese can make such a big battle, and it is more powerful than the aircraft cannon. I don't know how many companies have been killed and how many families have been hurt.
Yin Jun is certainly not as smart as the Fed and Wall Street.
Although he generally knew these things, he had no plans to participate.
Those books say that those who can follow the Wall Street crocodiles to drink soup behind, and take high leverage to gamble, really do not understand the market.
The group of people on Wall Street worked so hard for so long, will you eat your profits?
With a slight movement, there was an ups and downs, and the so-called twenty-thirty-fold leverage was exploded. Where is it possible to get the final stability?
Even if he does not let his company go public, most of the reasons are here.
Not to mention the listing, even if it is not listed, the pressure he faces will not be too small.
Therefore, based on the real economy and using the mainland market as the largest base, Yin Jun is the best way to let the Kirin Group bear the pressure.
This time the currency exchange rate crisis is not controlled by Wall Street, but because of special setbacks under special circumstances, and most importantly, this time the Xiangjiang government is on the side of Yin Jun, so Yin Jun dare to go Get started.
It was like the one in 1997 when the mainland stood firmly on Xiangjiang. Although it ended up losing both sides with Wall Street financial predators, it did not hurt its strength, and most of Xiangjiang ’s financial achievements were preserved.
In fact, the current exchange rate crisis in Xiangjiang is not just about Hong Kong dollars.
Gold, the real gold, was also fired high in panic.
Since July, the gold price, which has been rising steadily, has skyrocketed following the collapse of the Hong Kong dollar.
By the end of September, the price of gold had soared by 23%, and the appreciation was very obvious.
People who buy gold are much less than those who exchange US dollars!
It stands to reason that in addition to holding dollars in his hand, Yin Jun can also buy gold and buy low and sell high.
This is to another extent, to diversify the risks of investment.
Even the fixed exchange rate of 7.8 in Hong Kong dollar is inevitable. Www.wuxiaspot.com ~ but in theory, it is still possible to diversify investment in more stable gold, adding a back path for yourself at any time.
But Yin Jun didn't do it, never thought about it.
It is not because the profit of speculation gold is lower than the exchange rate.
It was because Yin Jun had no reason.
Juveniles now hold 2 billion US dollars, because the majority of Kirin Group ’s income comes from overseas, and most of its expenditure is also in US dollar trade, so it should have been held in US dollars.
Under such circumstances, Yin Jun was able to provide 2 billion US dollars to support the Hong Kong dollar, which is very reasonable.
No one would doubt that Yin Jun did this deliberately. In exchange for the Hong Kong dollar when the price of the US dollar was the highest, he made a big profit.
But gold is different.
Unless you are prepared in advance, who can take out hundreds of millions or even billions of dollars of gold in one go?
As long as Yin Jun can take it out, then others will definitely say, look, Yin Jun knew that there would be such a day, so he did n’t tell us that he was thinking about earning money.
Yin Jun can't afford this charge.
So I would rather not make the money of gold, and Yin Jun would not touch this investment.
Although making money is important, fame is as important as it is more important.
Mere exchange of US dollars alone, even if everyone finally saw that the Hong Kong dollar was stabilized and became a fixed exchange rate of 7.8, Yin Jun would n’t feel prepared.
As for Yin Jun making money, that should be it!
The so-called kindness is good, right?
There is a kind of you who dare to take out US dollars at this time and let the panicked people exchange it, then you can also get rich!
It is the best investment that can make a lot of money, earn fame, and gain the admiration and worship of the people! ! 2k fiction reading network
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