Chapter 19 Foreign Exchange Coupons
Unlike the numb and ignorant people of this era, Hong Yanwu has a super sensitivity to the news about foreign exchange and real estate.
After the news was released, he kept an eye on the relevant developments, and found all the relevant articles in the newspapers to read over and over again. even went to Song's house to talk to Director Song and borrowed all the "Reference News" from others.
And interestingly, he even had amazing extras through this incident. That is, he discovered that his father had been hiding for a long time, but in fact he had an extraordinary keen eye and a far-sighted vision that was beyond people's reach.
To be honest, Rao is that he knows the development and true trend of history, but when he wants to compare with Hong Lucheng, he is also a little ashamed. Because he only knows the appearance but does not know the truth, but Hong Lucheng has the ability to see the essence through the phenomenon.
The specific situation is like this, one afternoon, Hong Lucheng woke up at noon, and saw Hong Yanwu rummaging through the stacks of newspapers stacked high in the hall.
At that time, the old man didn't say anything and went out to buy something for the family, but he didn't want to wait until he came back from shopping, an hour had passed, and Hong Yanwu was still rummaging and searching. Moreover, there were already several newspapers of different titles lined up on the table of the Eight Immortals in the hall.
Hong Lucheng looked over curiously, hey, it's not the news related to foreign exchange coupons, or the explanation of real estate policies. He was even more surprised, and he had to ask. "Why are you kid looking at this?"
Hong Yanwu didn't take it seriously, and replied teasingly. "Dad, I said I was looking for money, do you believe me......?
Unexpectedly, Hong Lucheng immediately closed the door, and then warned Hong Yanwu very seriously.
"Third child, I can tell you. You are not allowed to do this!"
The light in front of him dimmed, so Hong Yanwu couldn't help but raise his head, and when he saw his father's reaction, he was shocked again.
"Dad, what are you talking about? What am I going to do, me?"
"You're sloppy with me. After Xiao Tang's incident happened, I was afraid that you would be uncomfortable, so I didn't ask you. It's just right today, you and I should also tell the truth, so is it your business to resell electrical appliances? Are you eyeing foreign exchange coupons again?"
As he spoke, Hong Lucheng picked up the newspaper on the table and slapped it hard, and rushed the conspicuous news items to Hong Yanwu.
"You said, I will rush you to spend money generously, and I will rush you to get those two stamps. If you want to say that you don't have this mind, can I believe it?"
Yo hey! The old man's eyes are poisonous enough! Dare to show his stuff early!
Hong Yanwu was stunned for a moment, and quickly turned his eyes and wanted to say something. But I haven't figured out the excuse yet. His dad was the first to exit again.
"You'll talk about it later. I'm your father, and I'm familiar with the way you make up nonsense. ”
Well, what else are you talking about! This is already qualitative!
Seeing this scene, Hong Yanwu could only sigh helplessly. "You say yes, yes. ”
But after a turn of his mind, he invited Hong Lucheng to the chair with a respectful gesture, and then asked with a smile on his face.
"Dad, tell me about it. Why can't I do it? It's a good thing......"
Hong Lu was not happy when he arrived. "What's the matter? You still test me if you put me in the army? Don't I know what this thing is?"
Hong Yanwu hurriedly put on a high hat for his father. "Look, that's not what you said. I just want you to tell me, I think there may be a gap between our two understandings. Besides, I want to learn from you. ”
Hearing him say this, Hong Lucheng didn't refuse again, but only raised his hand to pick up the teacup and signaled.
Hong Yanwu immediately understood, and hurried Malier to make tea and pour water for his father.
Not to mention, Hong Lucheng's next words really didn't lose Hong Yanwu's favor. It really made him learn and insight.
Because although Hong Lucheng is not like Hong Yanwu, he already knows the trend of history. After all, the Hong family used to be the major shareholder of "Yanye Bank" and "Zhongnan Bank", and they were also major customers of foreign banks such as Citigroup, Chase, and HSBC.
When Hong Lucheng was young, he was taught a lot by Yue Qianzhai and Huang Yizhu, two national bankers. And later, relying on his real skills, he escaped the "depreciation of fiat currency" and the "looting of gold yuan coupons". How could he not understand what was going on with the foreign exchange coupons?
The old man first pointed out the general trend of the upper echelons.
In the case of reform and opening up, the state will inevitably do business with the outside world, but at present, the foreign exchange reserves of the entire country are less than $1 billion, so how can we do business with the outside world? Therefore, encouraging enterprises to earn foreign exchange and control foreign exchange has become a top priority for the state. This foreign exchange coupon is a means of managing non-governmental foreign exchange by drawing on the experience of overseas Chinese remittance bonds.
Followed by Hong Lucheng, he pointed out the advantages and essence of foreign exchange coupons.
According to him, foreign exchange bills have advantages over overseas Chinese remittance bills, first, there is no limit on the validity period, and second, they have currency attributes themselves, and they can also be exchanged for foreign currency at the official rate. To put it bluntly, this thing is equivalent to gold and silver dollars during the Republic of China. As a standard with international covalent, it acts as a kind of bridge between foreign currency and domestic currency.
He then pointed out the profits and future prospects of foreign exchange vouchers.
In the past, there were many "silver dollar exchange" stalls on the streets and hawkers in the alleys, although in the eyes of the people, they were only doing odd businesses that money banks did not like to do, and they made small profits. But I've never heard of any compensation. This shows how profitable it is.
As for this initial liberalization, because our country is in urgent need of material and technology, there is a lot of external demand, and people have developed economies, so there are few places to ask us. That is, they are not equal to each other and will not change for a long time. As the saying goes, rushing is not buying and selling, so the current exchange rate will be difficult to maintain, and the renminbi of the Republic will inevitably be "gross".
Why did people in the past always like to exchange their local currency for silver dollars and gold? Some people say that "gold in troubled times" is easy to carry and escape. It's not just that. Those things are quite heavy, and they are not as convenient as banknotes, and if there are US dollars and pounds, they can be exchanged in other places. The key is that the people are willing to save some money to prevent the depreciation of the currency.
Finally, this is the danger behind the benefits of foreign exchange coupons. is not only similar to what Hong Yanwu thought. Moreover, Hong Lucheng's definition is particularly accurate.
He said that while major changes in society often mean significant opportunities to make money. But there is also money that cannot be earned. The current policy is too strict on the control of the people, such as foreign exchange, which is related to the country's financial order and the country's future development, and is more important than planned materials. To put it bluntly, whoever dares to exchange profits back and forth in private is the most serious speculation, isn't that looking for death?
Hearing this, Hong Yanwu, who knew what would become of him in the future, couldn't hold back his admiration. I was amazed from the bottom of my heart.
"Dad, you are really amazing, you have eaten this thing so thoroughly! Many of my vague questions have suddenly become clear when you say this. You are an old trader!"
It's just admiration that although he admires, he still has something to say later.
"But I still have a question. Speculation, speculation, and then you have to turn it upside down? But what if I only exchange it and don't exchange it? For example, if I exchange some foreign exchange coupons and go to the 'friendship store' to buy something, can this be regarded as a violation of the law?"
Hong Lucheng thought about it and couldn't help but hesitate. "That'...... Probably not...... You...... What the hell does that mean?"
Hong Yan was armed as if he was nothing, and patted his chest again and again to reassure. "Dad, don't worry, I promise not to do speculative things. Actually, I just want to exchange some foreign exchange coupons for myself and buy some fashionable goods, isn't this not enough?"
That's it, Hong Yanwu can be regarded as fooling his father about foreign exchange coupons. Hong Lucheng really didn't know what kind of ambush his son was fighting with him.
Hong Yanwu is very ghostly, in fact, from the time he planned to do this, he was thinking about how to hide from laws and regulations.
That's still a change of soup and not a change of medicine, the same as the "index of going abroad". He won't go into the business of buying and selling foreign exchange bills, which is too dazzling and too dangerous.
And his idea is to "save the country by curves". I was going to change the foreign exchange coupon in my hand first, and then wait for someone who needed the goods in demand to appear, and finally negotiate the price, and then buy the goods and resell them.
In this way, when the turn is turned, it is the commodity that passes away, and the danger is greatly reduced. Even if he was caught by the police when he was exchanging foreign exchange coupons, it cannot be said that he was opportunistic. Because he didn't take it out, he used it for his own use.
However, at the root of the matter, isn't the reason why foreign exchange coupons are valuable because of the things that many people can't buy? In this way, the money you can earn is not only a lot, but also more.
As for his discussion with his father, he was indeed pleasantly surprised. Hong Lucheng's explanation not only gave him a comprehensive understanding of what foreign exchange bills are and what they do. And he also gave him a wake-up call on the trend of foreign currencies. He immediately remembered that the depreciation of the yuan began this year.
That is, he is not a second-hand dealer, and he wants to exchange foreign currency, which is also a sweet deal to make money by lying down.
Why don't you do it! As long as you employ people properly and plan carefully. And he did not believe that anyone could catch his sore feet.
From this time on, Hong Yanwu made up his mind to completely withdraw the funds and manpower from the "Dongfeng Television Factory", and let the "little daughter-in-law" and his family turn to the stall of foreign exchange coupons.
Seriously, TV tickets over there have risen so much that they have to occupy funds and occupy the treasury. In comparison, this is a really convenient and lucrative business.
No, he doesn't see it that way, because the emergence of this kind of "privileged currency" is itself unfair and unreasonable. Only by realizing a market economy as soon as possible can we quicken the pace of opening up the market. is the key to solving the problem.
Otherwise, why did the foreign exchange bills be abolished not long after the tickets were withdrawn from circulation? Wouldn't the crime of speculation be abolished in the future? Even the state held that this crime was not established. This is called error correction.
The second group has been opened, group number: 608640021
(End of chapter)