Chapter 174: Venture Capital

The ultra-luxury resort, if built, must be a seven-star hotel standard.

Mo Fan has the resources to attract tourists in his hands, the giant octopus monster specimen, as long as it is properly promoted, tourists with curiosity will definitely flock to it. In addition, the scenery of Lunjira Atoll is not worse than that of Tikhao Atoll, or even better.

"I've handed over all the business of Tahiti to Kane, you can negotiate with Kane on this issue, in fact, I don't have any plans to build a seven-star resort here. Mo Fan spread his hands.

"Is it a matter of funding?"

"Nope. I'm ready to enjoy life. Mo Fan said with a smile.

Kyle tugged at his own hair, "Oh god, you're not thinking about retiring, are you?" You're still so young......"

Zhao Jiyang walked over: "Hello, Mr. Kyle." ”

"Hello, Ms. Geeyang. ”

Mo Fan smiled and took Zhao Jiyang's hand, showing the same wedding ring worn by the two: "We are married." ”

Kyle was a little surprised, and then congratulated: "I didn't expect you to get married soon, congratulations, I wish you a happy marriage." ”

"Thank you. Mo Fan and Zhao Jiyang said at the same time, and then introduced Chen Zhong, Chen Chen and Liang Yue.

Mo Fan pointed to the thatched hut pavilion by the lagoon, sat down and asked the waiter to bring a cold drink, and looked here: "How long have you lived here? ”

Kyle had a headache: "It's been more than half a month, it should be 23 days." ”

"You have nothing to do, how about helping me manage my finances? I returned to China this time and found that the renminbi had depreciated again, 7.25 yuan to 1 dollar, and I wanted to buy a large amount of renminbi. What do you think of this investment?"

Kyle looked at Chen Zhong and Chen Chen, Mo Fan waved his hand, and Kyle said: "This is a big layout, involving hundreds of billions of dollars, the current situation is still unclear, some people estimate that the exchange rate can reach 8 yuan 1 dollar." ”

"So serious?"

Kyle nodded slightly embarrassedly: "The best thing for the U.S. financial market is to lie on the economy of other countries and suck blood." ”

The American method of sheep shearing is hated by countries all over the world, Japan, Turkey, Canada, Middle Eastern countries, and so on. U.S. sheep shearing is divided into 'armed shearing' and 'cultural shearing', which are the two major fists of the United States, military and currency. Kyle has said before that an unprecedented financial crisis may break out in the United States in the near future, and the way to deflect the financial crisis is to shear the sheep...... In fact, the global financial crisis has already erupted.

"Is it serious?" Zhao Jiyang looked puzzled.

Chen Zhong next to him had a grim face, but his eyes revealed excitement, and there was a trace of doubt: "Can the RMB really fall to 8 yuan in exchange for US dollars?"

Kyle looked at Chen Zhong, "Likely." However, the Chinese government has strong financial regulatory measures, and China's short-selling mechanism is relatively small...... U.S. financial markets are shorting the renminbi, and the Chinese government is selling U.S. Treasury bonds to buy back the yuan. "There are very few short-selling mechanisms in China, and the common way for the United States to short China's currency is to raise interest rates by the Federal Reserve and investors to exchange RMB for US dollars...... When the renminbi depreciates, buy back the renminbi.

"With hundreds of billions of dollars involved, this layout ...... I'm afraid it's going to take years, right?" Mo Fan said.

"Hmm. Kyle spread his hands. In fact, Kyle still has a lot to say, China is not Japan, Turkey, and it is very difficult to short the yuan. Kyle had spoken to his father before, and Philip said, 'The depreciation of the renminbi feels like the Chinese government is intentional.'

Chen Zhong took a deep breath: "Depreciated to 8 yuan...... I also do financial investment, but what I'm hearing here is...... Bottom line 7.3 block. ”

Kyle smiled and looked at Mo Fan, "How much cash do you have on hand?"

"$903 million. "During this time, several incomes were received, such as dividends from the Great Northwest Gold Mining Company and profits from MF Gold Mining Company.

"Now the situation is that even the banks are short of money, and you still have so much cash. Kyle was speechless: "Are you going to buy RMB?"

"If you can buy more than 7 pieces of 7. Mo Fan said with a smile.

"There should be no problem. Kyle scratched his hair: "How about handing over the money to the Phipps Bank? This time the short of the renminbi is not just for shorting, a large part of the rich American also want to transfer their property." ”

Chen Zhong tapped his fingers on the table rhythmically: "Depreciated to 8 yuan...... The RMB exchange rate is usually decided by the government, so I don't think it's reliable. ”

The renminbi depreciated to 7.3 yuan, and now many countries are against it. China is a major exporter, and the impact of the depreciation of the renminbi is a decrease in imports and an increase in exports. After the depreciation of the renminbi, the competitiveness of the domestic sales market will be reduced due to the decrease in imports, and the sales of domestically produced goods will increase, and the number of jobs will increase...... In addition, this will lead to a large flight of international capital and a reduction in foreign exchange reserves. When the depreciation of the renminbi becomes a continuous trend, domestic and foreign investors will strive to hold foreign currency assets such as the US dollar as a hedge, which will convert a large amount of renminbi into foreign currency, and even trigger a serious financial crisis...... The depreciation to 8 yuan has serious consequences.

"The financial crisis is world-wide, and when it comes, no country can avoid it. Including China...... It seems that China has not yet had a particularly large financial crisis. Kyle looked at Chen Zhong with some amusement.

Chen Zhong frowned: "The 98 financial crisis, the 08 financial crisis and the stock market bubble in previous years...... China's macroeconomic regulation and control capabilities are very strong, which is a ...... that other countries do not have."

"There is a saying in China that there are no eggs under the nest. China has foreign exchange reserves of nearly $4 trillion. There is a certain amount of money, and China's foreign exchange is only exported, and the foreign exchange received by enterprises is purchased by the Chinese government and the central bank, and in fact, foreign exchange is also circulated in the Chinese market. Foreign exchange reserves are one of the foundations of the Chinese currency. The more foreign exchange reserves, the greater the financial influence. Kyle smiled: "The dollar is based on domestic employment, inflation, personal income, etc. ”

"Depreciated to 8 dollars...... Could it be ......" Mo Fan touched his chin: "The central bank is ready to shear sheep." ”

The banks have run out of money, and some people may believe this sentence abroad, but in China, few people believe it...... But if you know the monetary system in depth, you know that money really can't be sent out randomly.

The United States is a master of sheep shearing, and the first sheep shearing was carried out in the United States, targeting American farmers and small local conservative banks.

Kyle was slightly surprised, "How did you come up with that?"

Mo Fan became interested: "The RMB is also ready to challenge the dollar. ”

"The dollar's position as a world currency is difficult to shake, but it is not without opportunities. What the Chinese government needs to do is to stabilize the purchasing power of the renminbi. Foreign exchange reserves are really not as much as possible. ”

China is the world's factory, but there are so many things that we can't use up? It's not because the vast number of people are too poor to afford it.

Foreign exchange reserves lead to an increase in the renminbi. In the balance of payments, the ideal state is the balance of payments.

Due to the continuous expansion of the scale of the trade surplus and the continuous growth of the country's foreign exchange reserves, the new foreign exchange must be exchanged for the corresponding RMB, and under the condition of a large influx of foreign exchange, the actual supply of the RMB must be greatly increased, which will lead to inflationary pressure on the RMB, and the purchasing power of the RMB in China will ......

"The global financial crisis has begun, and the United States will not be better, and the same is true for China. This time, some international financial institutions are shorting the renminbi, and I think it is in line with some of the wishes of the Chinese government, to depreciate the renminbi by the way, and by the way, to sell US Treasury bonds, and the sold U.S. Treasury bonds are used to buy back the renminbi, and the depreciation of the renminbi means that more renminbi can be bought. At the same time...... Kyle really smiled bitterly at this time: "*** has caused a lot of disputes over the years since he came to power, and the United States is already a very unsafe country. The dollar is so dominant that the United States does not have much foreign exchange reserves. The sell-off in China's large holdings of US Treasuries is sure to have a ripple effect that is likely to polarize the world in the future. One is the United States (the area of control), and the other is countries outside the United States. ”

Countries other than the United States, indeed, if they have the best understanding of American culture, especially the American supremacy culture that has been promoted since the first came to power...... There are only two countries in the world, one is the United States, and the other is a country outside the United States.

"It is very likely that the renminbi will depreciate to 8 yuan, but whether this is a good thing or a bad thing is not known for the time being. Buying the renminbi is very risky, and the U.S. dollar is relatively safer...... The U.S. has patented products to manipulate pricing, and the U.S. dollar is a hegemonic currency, backed by a huge stock market. In short, it now seems that this is a risky investment. ”

Kyle told him what he knew, and he had to ask Mo Fan to make his own idea, $900 million, which was a huge amount of money.

In the game between the big countries and the big world, both Mo Fan and Kyle are just fart people, and all they can do is to seek benefits from them as much as possible. The question is whether the renminbi can withstand the ripple effects of continued depreciation......