Manufacturing Empire in the Valley

Chapter 1197 Fist is the last word

Chapter 1197 Fist is the last word

"According to the relevant regulations of the China Securities Regulatory Commission, we can operate in the futures market according to the leverage effect of 1000:[-]. How much profit you can get depends on the skills of the trader."

Niu Xiaoqiang was taken aback: "One to twenty?! So high!! Are you not afraid of losing money?"

Barbara explained: "If it loses, Citibank will lose this batch of gold. This leverage ratio may seem scary, but no matter who wins or loses, it can ensure that the gold stays in the United States, so it has to be said. There is no loss, the real loss is the bank and the individual.”

Niu Xiaoqiang asked: "For example, if the batch of gold I mortgaged to Citibank is used by you to speculate in futures and lose money, how should you explain to me?"

Barbara smiled slightly: "Every large-scale bank will set a safety line. If it exceeds this line, it will not take this kind of risk. Only when the safety of gold reserves is ensured, will it In this kind of operation, if we lose money, we can call other customers' gold to repay the customer whose contract expires. The reason why we signed a 50-year agreement with the customer is out of this consideration. No matter when, we will consider We will not let the risk get out of control.”

Niu Xiaoqiang snorted, and then asked, "What's the second way to make money?"

Barbara smiled and explained: "The second profit method I said before is that Citibank can mortgage the customer's gold to the Federal Reserve to obtain a flow of funds ten times higher than the value of gold, and the money will be through loans. Lending to customers and earning a profit."

Niu Xiaoqiang was completely speechless. He originally thought that his five times the mortgage loan amount was already very powerful, and he only earned the big money after working with the bank for a long time.

Of course, the Fed's approach actually has the risk of increasing currency issuance to increase prices.The reason why they dare to do this is mainly because the U.S. dollar is a hard currency in every country, and the risks brought by the Fed’s additional currency issuance have been passed on to all countries in the world.

At the beginning, the issuance of U.S. dollars was directly linked to gold. As much as the gold reserves in the hands of the Federal Reserve, the equivalent amount of U.S. dollars will be issued, so the U.S. dollar is also called the U.S. dollar.

Later, with the rapid development of the economy, this set of methods has changed.Because the growth of gold reserves is very slow, far below the speed of economic development.If the U.S. dollar continues to be pegged to gold, it will greatly restrict economic development.

In order to pass on the risk of additional currency issuance, the Americans have adopted two methods: first, to enhance military power and guarantee the dollar with strong military power;
The second is to control the energy and determine the US dollar as the benchmark currency for transactions in the energy field, thereby consolidating the US dollar's status as an international hard currency.

In the final analysis, these two methods still rely on military strength to maintain, that is, the fist is hard enough.As long as your fist is hard enough, you can ignore other people's rules and force others to accept your rules.

In other words, it's like this: you have to follow my rules, if you don't listen to me, I'll beat you until you obey.

Niu Xiaoqiang didn't ask any more questions, and after chatting with Barbara for a while, he got up to leave.Barbara personally sent him to the gate of the bank, and she didn't go upstairs until Niu Xiaoqiang left.

Niu Xiaoqiang drove to the school and found Bourne who was doing research in the laboratory.

Byrne, wearing a white coat and goggles, is conducting experiments related to laser welding technology.There are two people standing beside him. These two people are about the same age as Bourne. If there is no accident, they should be Bourne's classmates.

"Bourne, how is the progress on your side?"

Bourne was recording the experimental data. When he heard this, he turned his head and saw that the person was Niu Xiaoqiang. He quickly stood up and replied: "The progress on my side is going well, and I am testing the stability of the laser welding device. It will take a few days to get the complete test data."

Niu Xiaoqiang patted Bourne's shoulder happily when he heard the words: "Not bad, you really did not live up to my expectations. When you successfully develop the laser welding equipment, I will give you a one-time reward as agreed at the beginning. Here's $50."

Bourne also showed a happy smile when he heard this. After a few smiles, he looked at the two companions standing aside as if thinking of something, and introduced to Niu Xiaoqiang: "Niu Xiaoqiang, these two are my friends. My classmates, they are here to be my assistants, without their help, the R&D progress would not be so fast, I have a request, I hope you can recruit them, allow them to join my R&D team, and give them matching Salary treatment."

Byrne is a junior this year and will soon go out for an internship.Like him, his classmates are also facing the problem of finding a job.

MIT graduates don't have to worry about not being able to find a job, and major companies are rushing to get them.But as the saying goes: people go to high places, water flows to low places, if you can find a job with better pay, it will be even better.

Niu Xiaoqiang offered Byrne an annual salary of 50 US dollars, which is an absolute high salary in the United States, and it is not easy for MIT graduates to get it.

The reason why Niu Xiaoqiang treats Bourne so kindly is mainly because of his strength. With a little training, he will be able to undertake the task of maintaining and maintaining the automated car assembly line in the future.

Hearing Bourne's request, Niu Xiaoqiang smiled and extended his right hand to greet Bourne's two classmates.

After saying hello, Niu Xiaoqiang said with a smile: "Hi, I don't know if you have any requirements for future salary? If so, please tell me in person. I will evaluate you on the spot, and then according to the results of the evaluation Determine whether to recruit you."

MIT students all have a sense of arrogance, but that is when they are facing other people. In front of Niu Xiaoqiang, no matter which MIT student they are, they have to bow their proud heads.

The story of Niu Xiaoqiang's deeds in the School of Physical and Mechanical Engineering last time had spread long ago. When others heard that Niu Xiaoqiang actually put down all the students in the class by himself, they never dared to have any dissatisfaction with his special treatment.

There is no way, his strength is there, his special treatment is obtained by virtue of his strength, why are you talking about not having his strength?
Bourne's two classmates were very respectful in attitude, but they were not stage-frightened. They showed their normal strength in front of Niu Xiaoqiang, and put forward their own requirements for salary.

(End of this chapter)

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