Masayoshi Kishimoto put down his phone on the dinner table, and continued to eat his breakfast as if nothing had happened.

Rie Sakai, who was sitting across from him, had disbelief written all over her face. Once again, her husband single-handedly plundered the land.

"Are you really not afraid that the South Korean government and central bank will take any measures to actively intervene in the stock market?" said Rie Sakai, who was not without fear.

"Under normal circumstances, the central bank only needs to raise or lower the deposit rate to actively intervene in the rise and fall of the domestic stock market. When the central bank raises the deposit rate, the stock market falls.

Some of the money in the stock market goes back to the bank. There are more people who sell stocks than people who buy stocks, and selling at a lower price than each other will naturally cause the stock market to fall.

If it lowers the deposit rate, the stock market will rise. Some of the deposits in the banks will flow to the stock market, and there will be more people buying stocks than selling stocks, and the competition for them will drive the stock market up.

Money has a natural profit-seeking nature, and when the profit rate is high, it tends to take the initiative to go there. The problem now is that the Bank of Korea will lose this function if it has lowered the deposit rate to above zero long ago.

Because it is no longer possible to reduce the interest rate on negative deposits. Even if the deposit interest rate is lowered to a negative interest rate by the Bank of Korea, in the actual operation of commercial banks, it will not really be reduced to the level of negative interest rate, and at most it will be zero interest rate.

In the face of competition among peers or leaving a certain amount of room for small banks to survive, large banks will even raise deposit interest rates symbolically. Kishimoto said as he ate.

He paused, took a big sip from the milk cup, and then said, "Actually, the reason is very simple.

The money deposited in the bank, there is no interest, but a little principal is discounted, do you think ordinary people will do it?

They would rather keep their personal cash at home than in the bank. Even if there is money in the bank, it will be taken out and put in the house.

Not only did the Bank of Korea's remaining tricks not many, but they also did not have much effect. In addition, the South Korean government's aggressive economic stimulus policies since the Asian financial crisis in 1997 have made the Korean banking industry more eager for quick success.

On the one hand, in order to stimulate national consumption and boost the economy, it is inevitable that the interest on deposits will be reduced to the greatest extent.

On the other hand, the purpose of issuing credit cards on a large scale is to make it easier for ordinary people who do not have a high income and no large spending power to make various purchases. That is, if you don't have the money to buy it, I can lend you money to buy it.

This is completely the debt consumption of the grain in Yin, which has completely hollowed out the foundation for dealing with external risks. This is happening not only to ordinary South Koreans, but also to the Korean banking industry.

Although the series of actions by the South Korean government and the central bank have played a role in short-term economic recovery and improvement to a certain extent, they ignore the uncertain risks in the future.

Ordinary citizens are bound to be blindly optimistic because of the illusion of economic recovery. They may mistakenly believe that their future income will increase dramatically, which they can easily use to pay off some of their current debts.

As a result, it has become more and more bold in early consumption. At the moment, the cruel reality given to them is such an unbearable situation. ”

Rie Sakai understood what he was saying. According to the meaning of his man, in a word, South Korea is in a catastrophe this time.

South Korea's national wealth and people's fat and ointment accumulated over the years of development will once again be looted by outsiders.

There is also the assumption that even if the South Korean government completely abandons its national dignity and face and asks the IMF for help again, it will suffer an unpaid debt and avoid the embarrassment of opening its mouth.

Therefore, the biggest possibility for the South Korean government is to turn to Europe, the United States, and Japan's big banks for a rescue. As for the benefits, of course, there will be no political clauses attached.

The downside of this is that the interest rate is much higher than the interest rate on the loans offered by the IMF. Kishimoto made a addition.

Rie Sakai fell silent. She also did not know that many Koreans will experience unemployment for a long time to come, unable to find a job, and have no money...... In reality, it is not as beautiful as it is in Korean dramas.

"Could it be that you still have compassion?" Kishimoto Masayoshi couldn't help but laugh as he looked at the look on his wife's face.

"I know, you're going to say that you're not a bad guy in the first place, you just can't help it. You just followed the established rules of the game.

If you don't, we won't be able to live in such a big house, and we won't be able to afford so many servants to live such a good life. Rie Sakai said with a smile.

"If it's my wife, I'll answer it. Kishimoto's smile did not change his course.

"I'm too lazy to pay attention to you. Rie Sakai blurted out.

"If you ignore me, then I'll eat my breakfast properly. Kishimoto said calmly.

Because he didn't need to go to the company today, he ate quite slowly. It was another half an hour before he finished his breakfast. He grabbed his phone, stood up and walked towards the koi pond at home.

Masayoshi Kishimoto stood next to the koi pond, and Haosheng observed that there was no one around, so he found Natsui Makoto's mobile phone number and dialed it, "At noon today, I won't come to dinner."

I may not be able to come to you for lunch at noon in the near future. I'll talk about it when I'm done for a while!"

Natsui Makoto read the morning news report on the hard gold group, and was really worried about him, and said nervously: "You're going to be fine, right?"

I've read the news reports about the hard gold group, and you've made another big incident. The President of the Republic of Korea also urgently summoned the Japanese ambassador to the Republic of Korea. ”

"What can I do? The people who really have something to do are Koreans. The Asian financial crisis of 1997 was a looting of some of South Korea's economic development over the past few decades by foreign investment in Europe and the United States.

This time, I'm going to loot some of South Korea's economic gains for decades to come. In order not to lose its international credibility, the South Korean government will inevitably abide by the established rules of the game.

Because once the South Korean government loses its international credit, it will be a devastating blow to it, after all, South Korea is a country with an export-oriented economic development model, and naturally there is little foreign investment. ”

Kishimoto had an evil smile on his face that even he didn't notice, and his eyes were looking into the distance, without any cover-up.