Chapter Eighty-Six: The Power of the New Currency
This model was the one he had just thought about for a while before he figured out the logic, and he felt that money was the most brain-burning.
His arbitrage model is simple.
For example, the current international exchange rate of the euro against the US dollar is 1 to 1.3668, and the internal exchange rate of the system is rounded up to eight to one for the US dollar and eleven to one for the euro
You can open an account in the international free foreign exchange market first, or open a few more accounts, and you should share the regulatory risk.
So if you have 11 million yuan, you can exchange 1 million euros through the system, and then you can exchange this million euros with others for 1,366,800 US dollars, and finally exchange them back into the system。。。。。。。
lost nearly 70,000 yuan.
Hehe.
Of course, no one will do this kind of business, and Tang Qing is not stupid.
But what if it's the other way around?
11 million yuan, in the system according to 8 to 1 can be exchanged for 1.375 million US dollars, and then to the international according to 1.3668 to exchange back to euros, to get 1 million euros and the remaining US dollars, of which the net profit of 8,200 US dollars, calculated a transaction profit of nearly 0.6 percent, even if subtracting the possible transaction costs, at least at least then at least according to the profit of 7,000 US dollars.
That's the case.
Ten times a day in and out of the system, that's nearly $70,000 in profit.
That doesn't seem like much.
And what if it's a trading volume of 10 million euros at a time?
One day is at least 700,000 US dollars, which is equivalent to a profit of 5.6 million yuan.
And what if it's a month?
Damn!!
At this point, Tang Qing suddenly sat up, his eyes full of shock.
As long as there are 110 million yuan.
You can earn it in a month...
168 million.
Depend on!
Depend on!
Depend on!
Crazy to be!
Tang Qing's heart was beating rapidly, and he was about to burst the table.
This is not only a huge profit, but simply picking up money.
Besides, this is still calculated according to simple interest, if all the money earned is invested in it according to compound interest, then it is likely to be 200 million.
Mamma Mia.
More than 200 percent profit.
It's crazy!
And this is still a relatively conservative situation, the first point is that the exchange rate of the two currencies against the RMB will not change in a short period of time, Tang Qing checked, now the international exchange rate of the two currencies is more than 0.2, at least a month will not change significantly, and within the system at least half a year should not change, why? Because even if the renminbi falls below eight against the dollar, as long as it is above 7.5, the exchange ratio within the system is 1 to 8, and the euro is also above 10.5, and it will be 1 to 11 above 10.5, and such a big plunge will take at least several months or even longer.
And he knows one thing, the dollar has not been high against the euro, 1:3.6668 is already very high, even if it is at most 1.37 in 07 years, then it means that the profit of his own transaction may be a little lower than this in the future, but at least there will be money to be made in a year or two.
And that's just the euro for the dollar, what if you are level four?
What currencies will be opened?
At that time, the arbitrage profit of the dollar against the euro will decrease, and you will move to the next one, what a big deal.
Even if one of the newly opened currencies is above the whole number and one is below the whole number, then the profit is likely to multiply several times.
In any case, he can still succeed in arbitrage, and no one can stop him from making money.
Depend on!
Tang Qing couldn't help but pop up another word in his heart.
Can this system be more awesome?
Banking system!
What a name it deserves!
It seems that he is not far off to become a billionaire, and at this rate, it should not be too difficult to mix a net worth of hundreds of millions before the college entrance examination.
However, he plans to make this money after the year, and now he will make a fortune in the stock market, and when the time comes, he can find a way to open or buy a bearer account in a foreign bank, anyway, he is not prepared to have anything to do with this kind of account.
And a few days ago, he inadvertently asked about the account bound to the system, and the system told him that the account bound to the system could be monitored and frozen by the outside world, but without Tang Qing's consent and system operation, it was impossible for others to transfer a dime, and even if it was frozen, Tang Qing could spend one million yuan, and the system forced to unfreeze it for ten seconds, which made Tang Qing feel very safe and secure, and in ten seconds, his money would have run away long ago.
Of course, the system only provides unfreezing services for Tang Qing's account, others do not provide it, Tang Qing doesn't feel anything, he is not interested in unfreezing other people's accounts, although the business of helping others unfreeze accounts may be very, after all, many banks have frozen accounts, as little as tens of millions, more than billions of dollars, that's not a lot of money, but Tang Qing is not interested, let's forget it about pulling hatred everywhere, this is obviously following the governments of various countries and major banks in the world, which makes him aspire to become a banker completely uninterested, and he will play a fart after making too many enemies。
It's not that I don't have a way to get money, so I have to do this, unless my brain is pumped.
After the year, let's make up 110 million first, and then say, when the money is not enough, you can mortgage or borrow from the bank, and you can pay it off in a month at most, this kind of risk-free business is not afraid at all, and the rest after paying it back is all your own money, tsk, the more Tang Qing thinks about it, the more excited he becomes, the more he thinks about it, countless banknotes are beckoning to him, anyway, he has earned this money.
Of course, he is not ready to let go of Liu Gan's business.
Since he stepped into it, how could he get out easily, Liu Gan was so enthusiastic about himself, and he knew the reason, if he broke off this business, to be honest, he was really a little afraid of Liu Gan and the interest alliance behind him if he didn't have any deep strength now.
In addition, his clothing business still needs Liu Gan's full support, and the transaction with Liu Qian cannot be stopped no matter what.
However, he also strictly adhered to a bottom line, and resolutely did not exchange foreign dollars for Liu Gan, this opening was opened, and he might really get burned at that time, he didn't want to be imprisoned, and he didn't want to die in the world.
Then Tang Qing called up his own task:
1. Complete the loan task recommended by the system this month, you can check the task introduction for the specific situation, and the reward content: experience points +20, completion degree 0/1.
2. Complete one non-system recommended customer loan business this month, with an amount of not less than 400,000 yuan. Rewards: +20 XP, 0/1 completion.
3. Complete all external loan lines for the month. Rewards: XP +20, completion 0/200.
4. Complete all personal loan lines for the month. Rewards: XP +20, completion 0/40.
5. Achievement task 1: The total amount of external loans of the system has reached 3 million, and the reward content: source power value +10, experience value +30, and completion degree of 200/5 million.
6. Achievement task 2: The cumulative recovery of the principal of the system's external loans reaches 3 million, and the reward content: source power value +10, experience value +30, and completion degree of 100/5 million
7. Achievement task 3: The total amount of personal loans in the system reaches 500,000, and the reward content is: source power value +5, experience value +20, and completion degree 30/500,000.
8. Achievement task 4: The host's own assets reach 5 million (the system's personal loans and rewards are not counted). Rewards: +10 Source, +50 XP.
The task is still the same, nothing has changed, as long as the loan and collection tasks are completed step by step, anyway, it is far from the upgrade in a short time, no matter what.
Achievement task three can be completed immediately, but think about it, forget it, don't worry, it's useless anyway, you can still accumulate, what's in a hurry.
Now what he cares about is what the auxiliary function of the system is open to three-level.
"System, what is your third-level open function?" Tang Qing asked in his heart, he didn't pay attention to any changes in the interface, anyway, the system would say.
"Three-level open mall system, the host can purchase mall items in the mall. The system replied.
"Mall?" Tang Qing said in surprise, and then looked surprised, finally a normal thing came.
This is a mall!
Standard on the system.
Will there be any peerless exercises?
Will there be any silver bullet?
It would be nice to give some high-tech equipment.
Skills or something are fine.
I won't have less money in the future, and I have to find a place to spend it.
Anyway, the system mall in the novel is an incomparable existence, and anything can be bought.
Tang Qing immediately found the mall icon in the interface.
There is this one icon inside, which is very conspicuous.
Well, the icon is ugly, a mess of unclear pictures.
Tang Qing opened the mall while complaining.
Looking at the things in the mall, Tang Qing's face, who was originally quite happy, slowly turned cold, and after turning a few pages, his face directly turned white, and even cold sweat broke out.
Tang Qing, who did not believe in evil, refreshed the pages of the mall again and again, and the entire page was only more than thirty pages, and he turned his head in a few clicks.
Tang Qing carefully looked for any other categories, it was impossible to just this type of product.
But reality gave him another resounding slap in the face.
No.
There's no other category, just these things.
Tang Qing took a deep breath and suppressed the heart ... Restlessness.
"System, come out to Lao Tzu. Tang Qing said coldly.
"Host, what's the matter?" the system replied.
"What's the matter? Hehe, it's a big deal, you come and tell me, what's going on with these goods, ah, are you kidding me?" Although it was a silent thought in his heart, the anger could indeed be expressed.
"Ask the host to describe the problem correctly. The system replied.
"Uh, you... Okay, so tell me, what's on sale in the mall right now? Tang Qing was angry.
"Host, the system has not found any errors, this kind of product is indeed a third-level open mall product catalog. The system replied.
"Then tell me, why is it full of weapons and equipment, do you want me to go to war?" If Tang Qing spoke, this sentence would definitely be roared out.
PS: Please recommend, readers.