The Light of Domestic Products: The whole world begs me to sell

Chapter 511 It's time for us to cut the leeks in the world

Yan State Administration of Foreign Exchange.

Sporadic keyboard sounds and discussions echoed in the office area of ​​the fifth team, and a string of red and green numbers on the computer screen was still beating as usual, but compared with the tense crisis half a year ago, the place has already returned to calm at this time .

The leader of the fifth group, Lao Gao, opened the door and walked into the office of Director Lin Qiang.

"Old Gao, you are here."

Seeing Lao Gao walking in, Director Lin greeted him with a smile on his face.

"Bureau Lin, are you looking for me?"

Lao Gao is still the same, no matter where he goes, he still holds a mobile phone in his hand and looks at him from time to time.

Director Lin didn't care at all, stood up and poured a cup of tea himself, said with a smile:

"How is it, Lao Gao? Is today's exchange rate okay?"

"No problem, the U.S. dollar has depreciated severely. Now our exchange rate against the U.S. dollar has reached 6.3..."

After saying this, Lao Gao put away his phone, shook his head and said with emotion:

"Who would have thought that our exchange rate would fall below the historic threshold of 8 half a year ago... and in just half a year, instead of breaking through 8, it fell back below 6.5, and even now it has broken through 20, the highest exchange rate in more than 6.3 years. "

"Life is full of ups and downs."

Bureau Lin laughed, nodded, and said with emotion:

"Yeah, half a year ago we were worried about the impact of the sharp depreciation of the RMB on the economy, but now that Feng Shui has changed, we have to start worrying about the impact of the sharp appreciation of the RMB!"

Speaking of this, Bureau Lin lowered his voice a little, and said in a mysterious way:
"Old Gao, it is said that the central bank has begun to consider a more aggressive monetary policy to deal with the sharp appreciation of the RMB."

Lao Gao gave a rare smile.

Of course he could hear the "smugness" that couldn't be hidden in Bureau Lin's tone.

As a top financial professional, he is too familiar with these things.

What is the impact of the substantial reduction in the RMB exchange rate?
It is the reduction of national purchasing power.

To put it bluntly, money is becoming less and less valuable, prices are rising, and inflation is beginning to emerge.

At this time, the best way is to reduce liquidity, reduce the money put in the market, and increase foreign exchange at the same time.

However, anyone with a little bit of financial knowledge knows that once the money supply is reduced, the economic growth rate will almost certainly slow down. In the end, it may be that the inflation has not been resolved, but the economy will not be good.

So... to a certain extent, reducing inflation and reducing liquidity is another kind of harm to economic development, which makes any country's financial institutions very concerned about reducing inflation.

but.

It is much easier for Yan Guo to deal with the appreciation of the exchange rate.

The depreciation of the exchange rate needs to tighten the monetary policy and reduce the supply of money, but to deal with the appreciation of the exchange rate, it is only necessary to open the money printing machine and print money crazily and put it on the market.

"Bureau Lin, isn't this simple?"

"The banknote printing factory keeps printing banknotes 24 hours a day, and then frantically wave the printed RMB to buy and buy all over the world?"

"Should we cut all the leeks in the world?"

Hahaha.

Forest Bureau also laughed.

Now that the exchange rate appreciates, it means that the RMB's purchasing power is getting stronger and stronger, and its circulation in international currencies is getting harder and harder.

At this time, it is enough to buy wildly all over the world. What is Yan Kingdom paying for?
It is no longer foreign exchange, but a piece of paper printed by myself!

What is exchanged for such a piece of "paper"?It is a resource and product of foreign seriousness.

This is the benefit of a strong currency.

This is also one of the so-called monetary hegemony.

However, the Bureau of Forestry did not continue to discuss this issue. After a short pause, his face suddenly became serious, and he asked in a low voice: "Old Gao, when our exchange rate was the most difficult, the capital behind the move to help stabilize the market has been confirmed. ?"

"Is it the Phoenix Group?!"

Hearing this, even though half a year had passed, there was still a wave of fluctuation in Lao Gao's eyes.

Half a year ago, when the RMB exchange rate was on the verge of collapse due to the conflict, a mysterious force suddenly appeared and helped the Administration Bureau completely stabilize the exchange rate at the most critical moment.

Whether it's Wall Street or other capitals in the world, they all think that this is Yanguo officials taking the lead in a tough resistance, but only Lao Gao and his insiders know that their side has already run out of ammunition and food, and someone else made a move at that critical moment !
It was also because of this mysterious capital that the RMB exchange rate was completely stabilized!

The raging waves are falling, and the building will collapse!
It is no exaggeration to say that this behind-the-scenes capital that no one knows is silently protecting Yan Kingdom like a white knight in the night!

After the conflict ended quickly, Lao Gao always wanted to know who saved the exchange rate at the most critical moment, but this share of capital seemed to have never appeared, and it disappeared quietly.

It wasn't until a few days ago that an accidental news came out that the financial department of the Phoenix Group might have finally made a move on the exchange rate. Only then did Lao Gao realize that the capital behind the scenes was most likely the Phoenix Group.

but……

Thinking of this, he looked at Bureau Lin, shook his head and said in disappointment:
"Not sure."

"The Phoenix Group did not respond positively. For them, this may not be something worthy of publicity."

Forest Bureau also sighed, if you want to talk about the pattern, the pattern of the Phoenix Group is really the pattern.

At this moment, Lao Gao suddenly paused, and said with emotion:
"But there will always be a day when things will be known."

"The good result is that the foreign capital that participated in shorting the RMB this time was basically wiped out. Judging from the amount revealed in the latest news, these large capital consortiums lost more than tens of billions of dollars this time!"

"Goldman Sachs, JPMorgan and other big consortiums have suffered heavy losses in almost all foreign exchange businesses... This time they are really hurt."

"Moreover, the worst thing is not our exchange rate, but crude oil futures. This time they were treated as the biggest leeks and were cut off from the root."

After hearing this, Bureau Lin walked back to his desk, skillfully opened the crude oil futures trend chart in the computer software, and asked:
"Don't tell me I haven't paid attention to it for a long time... By the way, Lao Gao, do you still remember the highest price of crude oil half a year ago?"

"115 dollars."

A moment later, the current price of crude oil futures appeared on the computer screen of the Forestry Bureau.

$16.

"It's 16 US dollars, and the current price is only 16 US dollars... This price has fallen so hard!"

Lao Gao suddenly smiled slightly.

16 U.S. dollars is not low.

Half a year ago, after the Phoenix Group suddenly announced the realization of "controllable nuclear fusion" technology, it was the end at that time.

The price of crude oil dropped directly from more than 90 US dollars to 40 US dollars, and then fell directly to only 9 US dollars the next day, and finally on the third day, the crude oil price fell to a negative 21 US dollars!

All the overseas capital consortiums that were long crude oil were liquidated one after another, and all the bulls were blown up!

And all of this, just because of the emergence of "controllable nuclear fusion" technology, will completely change the dependence of human beings on crude oil!

In other words, crude oil is not as important as it used to be!

Thinking of this, Lao Gao suddenly thought that today is the meeting of the famous oil organization - "OPEC".

According to news reports, officials from Yan Kingdom will also participate in the "OPEC" meeting.

……

PS: Thanks to Xiyang 1437 for the 1500 coins.

PS: I know that the sudden stop in the middle and jumping directly to half a year later is very uncomfortable, but many things are beyond the author's control. Anyone who has been reading knows that the last dozen chapters are already very sensitive.

The Light of Domestic Products will end on the 28th of this month, that is, there are three days left. I will flashback the last two chapters to make the ending happy, but it is impossible to write too straightforwardly.

Thank you for your understanding.

(End of this chapter)