Chapter 840: The Financial Revolution (1)

After Mr. Hull and the Wise Rat sat down in front of Yao Yi, Yao Yi asked, "Mr. Hull, the U.S. government has launched an attack on our financial system, what do you think?"

Mr Hull said: " The actions of the United States have always been under our control, in just one month, the financiers of Wall Street in the United States, wantonly selling the currencies of other countries, frantically pouring into our country, the total amount of which has been as high as 1 trillion US dollars, this huge amount of money has basically consumed one-third of our foreign exchange assets, our currency relative to the US dollar, has appreciated by 50 percent, if this situation continues, this will be a fatal blow to our national economy, and now the United States wants to learn the old way, want to force our currency to completely defeat our economyBack then, they used the Plaza Accord to make Japan's economy not recover, but this time, they used financial speculation to achieve the same goal, but, fortunately, we have taken measures, and the mode of only entering and not leaving has made the financial tycoons of Wall Street panic, but if we don't control it well, this huge amount of money in our territory will cause indigestion and impact our financial order!"

Yao Yi said: "You are right, what we have to do now is to snipe these funds one by one through the market, and use the method of division and encirclement to swallow them one by one, so that they do not have the ability to make 'waves' at all!"

"We have carried out a sweep of the financial market, about more than 200 billion dollars of funds have been frozen by us, once it is proved that these accounts are short accounts, we can go through the legal process to let these leather bag companies go out of business in a short time!"

Mr. Hull said: "As far as I know, these leather bag companies are undertaken by our financial company, and these financial companies are insured by our own insurance companies, and if we deal with these companies by administrative means, I am afraid that a large number of insurance companies in our territory will go bankrupt, especially to the City of Canada, it will be a fatal blow!"

The wise mouse said: "Yes, these financial tycoons are very 'fine' and accurate, so now we are just freezing, and have not taken actual action, what we are afraid of is that within our 'private' territory, it will cause financial turmoil!"

Yao Yi smiled and said: "Is it because we can let these funds be blatantly unscrupulous in our country, this matter must not be done like this, even if they go bankrupt, we must snipe this fund, we can't let them loot from us and leave freely!"

Mr. Hull said: "My lord, I actually have a way of dealing with this matter, but I am also a little worried that the United States and other countries are putting pressure on us, so that if we can't resist these pressures, everything will be in vain!"

Yao Yi said: "You talk about your method first, let's speculate how much pressure will be!"

"In fact, it has become an open secret in our country to open empty accounts, and we turned a blind eye to this situation in order to get more foreign money and develop us," Mr Hull said. The economy of the private territory, therefore, the use of empty accounts, basically accounts for about 30 percent of the financial market, not only foreign investment, but also many companies in our territory, and more importantly, the financial companies and insurance companies in our territory are also involved, in this way, in fact, an industrial chain has been formed, once we deal with foreign funds, then we must crack down on the industry in the territory, if we have a difference between inside and outside, the pressure brought by foreign politics can be imagined, if we temporarily freeze all funds, for example, for more than a year, in this wayThe key issue is that foreign governments will put strong pressure on us, and when the time comes, if we can't resist the pressure, we will fall short!"

Yao Yi thought for a while and said: "If it's just the United States, I'm really not afraid, but the United States will definitely not just come out alone, and will definitely pull in the European Union, Japan and other countries, and when the time comes, these countries will put pressure on us, we really can't stand it!"

Mr. Hull said: "If this is the case, then we can only freeze it for about a week now, and once the time is up, we need to unfreeze, and before it is unfrozen, we must be prepared to deal with this huge amount of money, otherwise, these funds will hit our banks, bond market, futures market, etc."

Yao Yi 'touched' his forehead and said, "In this way, it is really not an easy thing for us to solve this problem!"

"The best way to solve these problems is to open the floodgates and let the money out of our country, so that we can survive this crisis," said Mr. Hull.

Yao Yi said: "Once this fund leaves, it will not only loot a large amount of our funds, but also mean that we have admitted defeat in this battle, and we will be passive everywhere in the economic struggle with the United States in the future!"

Mr. Hull said: "But the current financial hot money is like a torrent, rolling in from the upstream, if we don't release the flood downstream, we have the possibility of dam failure, once the dam bursts, it means that the economic gains we have accumulated over the years will be ruined!"

Yao Yi said: "If we double the value of our currency and print banknotes on a large scale, our reservoir will be doubled, and we can easily accommodate these funds, and we don't have to worry about them making waves!"

Mr. Hull hurriedly said: "Lord Führer, by all means, if we do this, it means that we have given up our financial foundation, which is undoubtedly self-destructing the embankment, and our financial policy will completely collapse!"

"I think there's another way to solve this problem!"

Mr. Hull said, "How to solve it!"

"Actually, we don't need to worry about the funds at all, the funds follow the principles of the market, and we can guide the funds and guide them into our predetermined investment projects," the wise mouse said. ”