Break out of the courtyard

This group of domestic economics experts and professors came here not only to solve the problem of foreign exchange, but also with a mission to improve the domestic securities regulatory system.

The Shenzhen stock market turmoil in August not only exposed loopholes in the issuance of new shares, but also caused the Shenzhen and Shanghai stock markets to continue to fall for three weeks. The impact was not small.

As a graduate of the Economics Department of Capital University, Sanya Zhang Nian, who also had former university teachers and classmates among the group, became the guide for this group of economics experts and professors.

Rather than saying that she is a guide, it is better to say that she is the hub and the mouthpiece connecting Zhang Heping.

Zhang Heping did not even have time to attend the opening ceremony of Shenzhen Peace College. He led a group of professors and graduate students to the Dapeng Peninsula to work on the intelligent system of the space-based computing center.

In fact, the intelligent system framework and learning model there have already been built by Zhang Heping, and all that is missing is a large amount of data training.

Considering that after the space-based computing network was rolled out, he would also have to find time to develop artificial intelligence professional course textbooks for domestic universities, so he simply put this matter first.

Ask major universities to send people to participate in the construction of the space-based computing network in advance, and use them as tools to feed data to the intelligent system.

In order to get out of the space-based computing center as soon as possible, Zhang Heping has spent most of his time in Dapeng Peninsula recently, and only occasionally visits the animal experiments on the regeneration and repair fluid.

However, on September 9, the Finnish Mark announced its decoupling from the European Currency Unit (ECU) due to massive capital outflow. The economics experts and professors finally couldn't wait any longer and stayed in the college villa area and by the artificial lake until Zhang Heping returned in the evening.

Although Zhang Heping has been very busy recently, before going to bed at night, he still listens to the news from various countries summarized by his concubine Chen Shuting.

Therefore, he is still concerned about Europe's monetary issues.

There was no other choice, so Zhang Heping took the milk and bread brought by his youngest daughter Zhang Nuo from home, and went to the large tiered classroom on the other side of the teaching building with this group of economics experts and professors.

"Mr. Dai, have you eaten?" Zhang Heping casually asked the old professor next to him, and then started to eat bread in big mouthfuls.

Professor Dai smiled and said, "It's okay to eat after the meeting."

Zhang Heping turned around and saw that the college's logistics director was also there, so he waved him over and asked him to notify the cafeteria and the Peace Hotel to get some steamed buns, steamed buns, milk, bread and the like for the participants.

Because Zhang Heping was eating bread and drinking milk, no one was in a hurry to discuss Europe's currency issues with him. He took the opportunity to check today's European news on his mobile phone.

When Zhang Heping arrived at the large classroom, the computers and projectors had already been turned on.

While all the participants were sitting down, Zhang Heping opened the Heping document on the computer in the corner of the stage, created a new mind map, and then edited the key points of tonight's meeting.

Zhou Xiaochun bowed and ran up to the stage, squatted next to Zhang Heping, and asked quietly, "Third cousin, can we record this meeting?"

"Sure!" Zhang Heping replied casually.

As an accompanying member of the CCTV interview team, Zhou Xiaochun actually came here with a mission, which was to find news materials for the "Economic Information Network" which was just launched at the end of August.

The logistics department was quick to act and delivered food such as milk, bread, and biscuits before the meeting.

Zhang Heping walked to the front of the stage and tested the microphone. "You guys eat first. We'll try to finish discussing most of the issues tonight. Then we'll see if the future development of the European Monetary System confirms our various speculations tonight."

A professor named Huang stood up and said, "Advisor Zhang, it's okay for us to skip a meal!"

"The meeting is more important. If anyone is too hungry, they can just hide under the table and have a bite secretly." Professor Dai waved the bread.

As the others echoed, Zhang Heping nodded and said, "Okay, you guys can eat slowly during the break later."

"The last time I discussed foreign exchange, I mentioned that the European Monetary System has been pegging the currencies of its member states to the European Currency Unit (ECU) through a fixed exchange rate mechanism since 1979."

"At that time, we had a dispute over the German mark accounting for one-third of the ECU currency basket. I'm sure everyone still remembers it, so I won't repeat it today."

"The decoupling of the Finnish Mark from the ECU today is due to issues related to the European Exchange Rate Mechanism (ERM) and Germany's high interest rate policy, as well as the covert manipulation of various speculative funds led by Magnesium capital."

As Zhang Heping spoke, he pointed the laser pen at the projection screen behind him and began to talk about the main points of the meeting he had just drafted.

After a while, a young man in the audience raised his hand and asked, "Advisor Zhang, based on what you just said, can I assume that the real purpose of Magnesium Capital is to significantly devalue the British Pound?"

"Yes and no!" Zhang Heping said slowly. "As early as January of this year, bankers in the De country hinted that some countries were using foreign exchange reserves rather than economic reforms to support their exchange rates. These countries mainly refer to the Eagle countries."

"The Eagle Country tried to use its political credibility to defy market principles, forcing the Eagle Pound to be tied to the German Mark. However, it was unable to convince the German Country to lower interest rates, and thus it lost its autonomy in monetary policy!"

Another young man raised his hand and asked, "Advisor Zhang, we all know you've made tens of billions of dollars in the Japanese foreign exchange market."

"Have you intervened in the European financial crisis this time? Can you tell me what methods you will use to plunder their wealth?"

Zhang Heping shook his head and said, "The Heping Group made money on Japan Island because the Japanese refused to admit their mistakes or pay us compensation. Therefore, I invested most of the money I earned from Japan back in China."

"European countries, on the other hand, have severe inflation, high unemployment rates, and rapidly increasing mortgage default rates. They are not as wealthy as Japanese people were a few years ago."

"If I take action against them, they'll probably be devastated and fall completely to the side of the Magnesium Nation. The gain won't make up for the loss!"

"As for the means to target them, there are many ways. Shorting the British pound with increased leverage is currently the most convenient market method."

"After the meeting, you can check the cumulative total short positions in the British pound on the Peace Financial app. This figure is now 4 times higher than in April."

Before Zhang Heping finished speaking, someone couldn't wait to take out their cell phone and buried their head under the table to confirm what Zhang Heping had just said.

Obviously, these people who were busy doing tricks had never thought that they could check the short positions of the British pound through the Peace Financial Software.

After talking about the Eagle Pound, someone immediately asked about the currencies of other European countries, wanting to see whether Zhang Heping's prediction was so accurate.

Zhang Heping briefly expressed his views and then directed the issue to the domestic foreign exchange exchange mechanism.

Because the foreign exchange exchange mechanism will be decided at a meeting next month, Zhang Heping wants to know if they have made any recent changes.

The exchange rate of the Finnish Mark fell by more than 13 percent today, clearly becoming the first victim of capital.

For the next two days, the European financial markets remained calm, as if to say that Zhang Heping's predictions that night were all wrong. However, on the third day, the 11th, the Italian central bank openly accused Germany of having too high interest rates, which it claimed were drawing away foreign capital!

Within two days, the Italian lira was forced to devalue by 2 points.

For unknown reasons, the German central bank stated in the media that "the European monetary system needs to resolve instability through devaluation."

As soon as this statement was uttered, all kinds of capital seemed to be a group of sharks smelling blood, and they immediately pushed the British pound, which was no longer backed by the Reichsmark, to the lower limit of the European Exchange Rate Mechanism (ERM) exchange rate fluctuation range of -2.25%.

On the next day, September 9, the Magnesium Quantum Fund suddenly increased its efforts, borrowing and selling more than 15 billion British pounds, and then exchanging them for German marks and magnesium dollars.

At this point, the financial war of Magnesium capital against the British pound has been completely exposed to the vision of central banks of various countries.

Just as Magnesium capital led various hot money to openly attack the British pound, the British country did not sit idly by. It not only announced that it would use more than 30 billion Magnesium dollars in foreign exchange to stabilize the British pound exchange rate, but also obtained support from tens of billions of British pounds in foreign exchange funds injected by central banks of other European countries.

That afternoon, Shen Bi and the chairman of Standard Chartered Bank went to the Peace Group to find Chen Shuting and asked for help from the Peace Group on behalf of Eagle Country because the Peace Group had a lot of magnesium cash in its account.

As long as the Peace Group is willing to publicly announce that it will increase leverage to go long on the British pound, the current short positions in the British pound will be completely insufficient.

Just as Shen Bi analyzed, if the British pound exchange rate only rises by 3 points tomorrow, 5% of the short sellers will be eliminated, and points will completely defeat all the short sellers.

The Eagle State claims that it will spend more than 30 billion Eagle pounds in foreign exchange tomorrow to stabilize the exchange rate, and will also raise interest rates to attract savings. The Peace Group only needs to follow up with 20 to 30 billion magnesium dollars.

However, when Chen Shuting used satellite signals to call the Space-Based Computing Center and contacted Zhang Heping, Zhang Heping did not agree.

Although he can get the Peace Group to come up with 500 billion magnesium dollars to help the Eagles secure an absolute victory, how can he make Europe and Magnesium alienated?

If they want to let them fight each other, the Peace Group cannot intervene as an external force, otherwise they will join forces to sanction the Peace Group.

"Old Shen!" Although Zhang Heping refused, he still tried to put it in a nice way. "Please tell me that if the Eagle Country withdraws from the ERM, allows the Eagle Pound to float freely, and lowers interest rates, it will solve the Eagle Country's inflation problem."

After hanging up the phone, Zhang Heping continued teaching his artificial intelligence course.

He also hoped that the British pound would depreciate to confirm the predictions he made to those economic experts and professors. How could he possibly help those European bandits maintain the stability of their monetary system?

The key point is that only when their exchange rate mechanism exposes serious loopholes in the market, those hesitant people in the country will give up the idea of ​​foreign exchange exchange that is only tied to the magnesium dollar.

At the same time, it can also prove that Hong Kong Island’s linked exchange rate also has loopholes!

That night, after Zhang Heping returned to the college, he was blocked by the group of economic experts and professors again. The main reason was that the offensive of Magnesium Capital against the British Pound was too fierce today, which confirmed Zhang Heping's previous prediction.

In addition, when Zhang Heping told these experts and professors about the funding and strategies that the Eagle Countryman had mentioned when he asked the Heping Group for help in the afternoon, the discussion at the meeting became even more heated, as if they were also participating in the battle in person.

The next day, September 9th, was Black Wednesday.

No one in the world, including Zhang Heping, expected that the Eagle Country would just announce an interest rate hike, and before they could even say how much foreign exchange they had prepared to maintain stability, the various short positions on the Eagle Pound consumed the tens of billions of Eagle Pounds of foreign exchange that the Eagle Country had prepared in advance.

Less than an hour after the market opened, the Eagle Country was forced to surrender, withdraw from the European Exchange Rate Mechanism (ERM), and allow the Eagle Pound to float freely.

Afterwards, some people in the Eagle Country blamed the Internet for being too convenient for foreign exchange trading, the 4G communication network for being too fast in closing orders, and even blamed the Peace Group for not being on the same page with them, the Eagle Country.

Capital is greedy. After the British pound was forced to depreciate sharply, a number of foreign investors shifted their targets and targeted the currencies of countries such as Italy, Spain, and Switzerland.

That evening, Zhang Heping read some relevant news in the car on his way home. He thought that his door would be blocked again when he got home, but he didn't expect that those experts and professors were in the college computer room, studying the trading data of the foreign exchange derivatives markets in London, New York, Tokyo and Hong Kong Island.

At the Zhang family dinner table, Zhang Nian explained to her father why the experts and professors didn't come to block the door. "They're divided into two camps. One plays the role of European central banks, and the other plays the role of Magnesium capital and hot money. They're still reviewing today's sniping battle against the British pound."

"Hubby!" Concubine Chen Shuting asked doubtfully, "You said yesterday that letting the British pound float freely and lowering interest rates would solve the British Empire's inflation problem. Was that based on their trade deficit?"

"Yeah!" Zhang Heping nodded and casually explained while eating, "The devaluation of the British pound will benefit their export growth, and the recovery of the manufacturing industry will absorb more jobs."

"At the same time, the value of housing in the Eagle Country will also depreciate, which will give it some room to rise, making it easier for Huifeng Bank's London branch to handle overdue mortgages."

Chen Shuting thought for a moment and asked again, "Should we take this opportunity to invest in Eagle Country's foreign trade industry and real estate?"

"Have a meeting with the investment department to discuss this. After the three countries of North America sign a free trade agreement, European countries will not sit idly by. The financial and trade wars between countries have just begun."

The second daughter, Zhang Nan, laughed and said, "After hearing what Dad said, I want my foreign trade company to open a branch in Eagle Country!"

After the Zhang family finished their meal, they followed Zhang Heping to the biological genetics laboratory building to see the animal experiments on regeneration and repair fluid.

In fact, during the more than half a month that Zhang Heping was busy in the Dapeng Peninsula, Zhang Bing, Zhao Jianguo and a group of disabled veterans often came here to observe the regeneration and repair fluid experiments.

Because according to what Zhang Heping told them, after this batch of animal experiments are completed, they can apply to conduct clinical trials.

Why is it called “application”?

Any new drug developed by Zhang Heping can be directly used in clinical practice as long as Zhang Heping says it can be used.

However, with the signing of trade agreements between the mainland and other countries and the upcoming establishment of the World Trade Organization, countries have reached a preliminary consensus on drug control and basically adopted the existing drug control system of the United States.

For this, Zhang Heping also stopped the sales of Shouyuan 120 medicine at Hong Kong Island Peace Hospital!
Because those foreigners asked Heping Hospital to disclose the ingredients, pharmacology, toxicology, raw material/preparation process, quality standards, stability study report, safety evaluation report, clinical trial data, etc. of Shouyuan 120.

Finally, they also want to conduct a technical review and on-site verification of production conditions and data authenticity.

To put it bluntly, they just want to steal the technology related to the 120-year lifespan potion!
When Hua Lao mentioned this matter to Zhang Heping that day, Zhang Heping responded with a cold laugh.

"I don't need that little money. At worst, I can save the medicine for my family and friends in the future!"

"Also, could you please ask them for me? I don't even have a medical license right now. Are they still planning to sue me for practicing medicine illegally and then remove my medical teaching videos?"

...(End of chapter)