Chapter 2043 Money Lending with Negative Interest Rates
Monday, March 31st, morning, good mood in the middle of the daylight building, conference room.
Mimiko Miyamoto and the others greeted each other across the big screen with Belinda and the others, and the meeting began.
Mimiko Miyamoto stopped Jihime, who was about to speak, and asked Belinda to speak first, to be simpler.
Olivia smiled curiously and asked, "What are you doing? ”
Mimiko Miyamoto spread her hands and smiled: "Don't you know in a while?"
"I'll come first. Enoch smiled, "The financial crisis didn't have any effect on me, the net profit of Michael Entertainment Group was about nearly a billion dollars in theory, and then I invested it, but in fact I didn't leave much." ”
"The Suer Computer Communications Group, which I manage, has all the proceeds to expand research and development, and if you don't count the secondary investment, the net profit is about $4.5 billion. ”
"That's it. ”
"Well, I'll do it first. "The financial crisis has not had much impact on my side, and the net profit of Huo Xiu is about $10 billion, excluding R&D funds." ”
"If you count it, the deficit is 20 billion dollars, and this includes the space sector. ”
"However, Olivia helped me invest it with financial means, and I filled it all in. ”
"So be it. ”
Olivia said, "I'll just move on. ”
"Not counting the financial aspect, Guangmei World Airlines Group was deeply affected by the financial crisis, with a deficit of more than $30 billion, but it moved back from the financial sector and had a surplus of more than $10 billion, rolling into the next period. ”
"That's it. ”
"It's my turn. "The Decoo Group was deeply affected by the financial crisis, and its retail sales shrank, but fortunately, it made up some of it from the energy side, not counting the financial profits, and had a deficit of three billion US dollars." ”
"In terms of finance, we made a profit of more than $50 billion, expanded the scale, and finally left more than $3 billion, rolling into the next phase. ”
"That's it. ”
"Ahem," said Oda Nobumi, "Well, with the help of Miss Misa, the net profit of the funds in my hands is equivalent to nearly 150 billion US dollars, and the pre-tax income is more than 300 billion US dollars. ”
"Having said that, I can't believe that I can have such a huge income. ”
Miyamoto Miko smiled: "I obviously know what cards the dealer will open, so boldly bet on it." ”
Olivia nodded: "Indeed, I have to admit that the investment team on my side is just not bold enough. ”
Anne chimed in: "This is still the result of not using financial leverage to amplify the principal, otherwise it could rise to trillions of dollars,"
Enoch asked, "Why not?"
Belinda laughed: "This guy has a psychological disorder. ”
Miyako Miyamoto smiled: "That's right, it feels a bit of a downfall, the global financial market has shrunk by more than a trillion dollars, and we just took a few percent of the money that evaporated from the financial market, in fact, seriously speaking, this is a good deed, saving part of the funds, and not letting those funds disappear out of thin air." ”
Olivia smiled: "Pull it down, what you said, any guy who loses money in the financial market listens to it, and probably wants to beat you." ”
Mimiko Miyamoto didn't hear it, "Shinmi, you continue." ”
"At the moment, the food problem persists in Africa and spreads to South Asia and Latin America. ”
"Due to idle land, as in the United States, it is said that 36.8 million acres of land are idle. ”
"Due to climate change, for example, the wheat production in Australia has been reduced from 25 million tonnes to 9.8 million tonnes. ”
"As a result of biofuel subsidies, the acreage of corn and sugarcane used to refine ethanol fuel has risen, and it is said that 80 million tons of corn in the United States will be turned into fuel. ”
"Due to the increase in fuel, the increase in the raw materials of fertilizers has led to a food price. ”
"Agricultural subsidies in developed countries, coupled with mechanized large-scale production, have resulted in a relatively low level of food. ”
"Because of free trade, many countries used to import cheaper food from abroad, while some exporting countries have tightened their food exports. ”
"A series of other problems have led to food shortages, but we happen to use food to exchange resources for many countries, in addition to obtaining resources, but also to help people in need. ”
Half of the proceeds will continue to be used for Zayir's infrastructure, including energy facilities, transportation facilities, agricultural facilities, refugee camps, etc. ”
"The other half transitions to the next period, as a principal, betting on the next more serious financial crisis. ”
"That's it. ”
"Okay, you come on. At Miriko Miyamoto's suggestion, Jionghime said about the situation on the side of the Good Mood Foundation.
"Four hundred trillion yen," Enoch smacked, "the current exchange rate is ......"
"That's about four trillion dollars," Anne said. ”
Belinda teased: "The old Ben has been taken out, what do you want to do?"
Miyamoto Miko smiled, "I'm going to lend money to you." ”
Olivia teased: "Ha, I feel like you are a clearance sale, and you directly dumped your pot to us, do you want us to buy your business?"
"Do you all know?" Miyako Miyamoto said with a smile in response, "In my opinion, all of you didn't make a penny at all in the last fiscal year, and all of them were big deficits. ”
"I don't understand that. Olivia said angrily, "Don't sell off. ”
"It's the exchange rate," Miyamoto Miko said with a smile, "The yen has risen from 120 to 100 against the dollar, and you can calculate for yourself how much your assets have depreciated relative to those of you who hold dollars." ”
"Damn," Olivia exclaimed, "and when you say that, I suddenly find myself losing hundreds of billions of dollars. ”
Miyamoto Miko smiled: "Not so much, only the fixed assets in the United States, aircraft and ships are not counted, those in other countries, or those who can go to other countries, can not be counted." ”
"In terms of this, Anne has lost the most, because she is in retail, and in terms of fixed assets in the United States alone, she has more than you. ”
"That's true," Belinda asked, "but what do you want to do, Miko?"
"Didn't you just say that? Mimiko Miyamoto smiled.
Anne realized, "Are you asking us to exchange the funds for yen by buying the bonds issued by the Good Mood Foundation and storing their value?"
Misa Horiuchi couldn't help but say, "Not only does it maintain its value, but it also has to be earned." ”
Belinda asked, "Oh, how high is that interest rate for us?"
"Not this, Miss Belinda. Misa Horiuchi smiled excitedly, "When the financial crisis reaches its peak, there will definitely be a fluctuation in interest rates, and we will be able to make a lot of money at that time, because we have a large base of invested funds." ”
Enoch asked, "Isn't the financial crisis already happening now?"
Anne shook her head and said: "It won't really break out until the U.S. fiscal year, that is, in September and October, when the financial companies will release the data." ”
Enoch asked, "Can't you make a fortune from the financial crisis like we did?"
"Whether they dare to take out a big bet is another question, and the first thing they face is the default of various financial contracts, because the financial crisis has made their customers unable to fulfill them.
"For example, early withdrawal of deposits, early termination of investment, termination of insurance payable, termination of housing loans, etc., these problems will cause bad debts of financial institutions, reduce the available amount, and trigger a series of shrinkage of investment amounts. ”
Belinda laughed: "I don't understand that, I want to know right now, how high the interest rate can be offered on your bonds." ”
"Ten percent. Miyamoto Miko laughed.
Belinda smiled: "So much, thank you so much." ”
"Don't rush to thank you," Miyakoto said with a smile, "I'm talking about minus ten percent." ”
"Huh?" the crowd was surprised.
Belinda felt inexplicable, "What does this mean? Does it mean that if I buy your bonds, I will still bear 10% of your interests?" ”
"That's right. Miyako Miyamoto smiled, "I'll bet that the exchange rate will fluctuate more than 10 percent, and some of you will make money." ”
Enoch said, "It shouldn't be possible, then the yen will break through 90." ”
Anne said seriously: "It's a bilateral fluctuation, as long as it breaks through 95, there should be no problem, if you use financial leverage, less volatility will be fine." Then he couldn't help but admire, "Madam, this trick of yours is so wonderful that Anne admires it." ”
Olivia sighed: "Well, that is, we are busy maintaining our value, and we have to help you make money by the way." ”
"I didn't want to work day jobs. Miyamoto Miyako smiled, "The most important thing is that there will be no psychological burden, and there is no need to worry about doing a bad hand in deepening the financial crisis." ”
"I'm speechless, just like that. Belinda said angrily, "It's a pity that the president of your central bank doesn't choose you if the financial means play like you, the country's loss." ”
Enoch laughed: "I think I can go to the Fed to be the chairman." ”
"Okay, I'm not going to joke with you. Miyako Miyamoto said, "I am going to issue bonds of 360 trillion yen. ”
"Enoch, you don't need the Michael Group, the Sur Group in your hand subscribes one-seventh, Belinda and Shinmi each subscribes one-seventh, and Olivia and Anne each subscribe two-seventh. ”
"You took mortgages from banks controlled by Olivia and Anne and kept borrowing money to get enough money. ”
Olivia said: "I said, you can't get a financial leverage, anyway, it's a negative interest rate, and there's no problem with overissuing ten times the bond." ”
Miyamoto Miko said with a smile: "Then you use financial leverage to buy, and then wait for the exchange rate to fluctuate and make a lot of money." ”
"That's right, that's how it should be. Olivia said, "What's wrong with that?"
"I'm worried that you won't be able to collect enough debts and return in time, and you will definitely be heartbroken if you miss the best time. Miyamoto Miko smiled, "If you hedge with the bonds you issued yourself, it will be equivalent to me making your money, is it interesting? ”
Anne said, "That's true. ”
Miyamoto Miko said: "By the way, I forgot to say that I tried to borrow euros, that is, when I took out a mortgage, I would lend euro assets to the European branches of your financial institutions." ”
"While pushing up the euro, step on the dollar by the way, and the yen is closely linked to the dollar, and will lower at the same time, a relative low. ”
"Then you used euro assets to buy my bonds, which are now about 170 yen for 1 euro, an extra 2 trillion euros in assets, and maybe 180 by then. ”
"In addition, we have to sign a confidentiality agreement, and our employees on both sides are absolutely silent about this matter. ”
"Unless the official buys bonds through you, finds a problem and initiates a formal inquiry process. ”
"That's it, if there are no other problems, that's all for today's meeting. ”
"Madame, there is one more question," asked Anne, "is the investment in the financial markets still being made?"
"Of course continue," Miyako Miyamoto thought for a moment, "you and Olivia, you do your job, Belinda, Nobumi, and Enoch don't need them, and they don't need to be counted, and they have three fewer opponents." ”
After that, no one else asked questions and the meeting was adjourned. ……