Chapter 533 ATM

Tang Mingfang thought of his old friend Yue Haoming, who was sent back to the room and sat at the window with a dejected appearance, and he had more and more questions. Pen ~ fun ~ pavilion www.biquge.info

The current Fu Zhengyi will only go to the junior year in the second half of the year, but just now he can talk to Yue Haoming, who specializes in economics, to talk about-for-tat and not fall behind, if Yue Haoming is not intentionally giving in, it means that his views on the economy are not only unique, but also have irrefutable correctness that can make Yue Haoming bow down!

Who is Yue Haoming?

Nominally, he is only the dean of the School of Economics and Management of Jiaotong University, a scholar and professor who studies economic development and financial trends at home and abroad, but in fact he has the right to publish papers in some special journals!

What does it mean to publish a paper in a special journal?

That means that Yue Haoming's opinion can be seen by the senior leaders in China, and then because of his opinion, some policies in the economic field can be changed!

China is a country of free speech, and the implementation of certain policies may affect the interests of some people and affect the lives of some people.

In this regard, ordinary people can scold the street and complain, and leading cadres can express their opinions and put forward their own views and suggestions, but scholars like their old friend Yue Haoming, who study economics, are likely to reverse the possibility of policy implementation because of the publication of a paper!

Thinking of this, Tang Mingfang poured himself a cup of tea, and after taking two sips, he asked calmly. "Xiaofu, what you said just now, will it become true?"

Fu Zhengyi raised his wrist to look at the time, and found that it was close to four o'clock in the afternoon.

In the exchange with Yue Haoming, the other party's solid theoretical foundation in the economy is incomparable to him, and Fu Zhengyi doesn't understand what many professional terms mean, he just relies on the trend of the Southeast Asian economic crisis in his previous life to be very clear, and has also read a few detailed analyses of this financial war without gunpowder, so he didn't let himself say anything wrong in front of Yue Haoming.

But Tang Mingfang and President Tang, who were sitting opposite, were the deans of the College of Foreign Chinese, although it was rumored in the school that this person was fluent in five foreign languages and almost became an ambassador abroad, but how much he knew about international finance, Fu Zhengyi really didn't know the bottom, so he thought about it and asked. "Principal Tang, do you know what commodity futures and swaps mean?"

Tang Mingfang was waiting to hear the reason for the previous debate, and he was stunned when he heard Fu Zhengyi say this.

Commodity futures, he still knows what it means, but what the hell is 'swap'?

Seeing Tang Mingfang's strange expression, Fu Zhengyi also understood the other party's level in finance, and continued to ask seriously. "President Tang, do you know what OTC transactions are? credit default swap transactions, total return swap transactions, and credit-linked notes? Also, do you understand what interest rate or exchange rate swap buy or sell options are used for under default conditions......

Most of what the other party said was in Chinese, and it was clear that he could understand every word and every word, but after getting together, Tang Mingfang felt that he was like an idiot, he really couldn't understand it, he couldn't understand it!

Seeing that Fu Zhengyi was about to continue asking, Tang Mingfang felt that his face was already hot, and quickly raised his hand to signal him not to say anything yet.

picked up the teapot and refilled Tang Mingfang's cup with water first, Fu Zhengyi picked up the teacup and drank it, and when he saw that the waiter had brought a refreshment, he pinched one and stuffed it into his mouth.

Tang Mingfang, who is the president of the School of Foreign Chinese, although he really didn't understand the meaning of the financial terms that the other party just said, but when he carefully recalled the previous debate between Fu Zhengyi and Yue Haoming, it was in vain. "Xiaofu, you didn't seem to mention these financial terms when you discussed them with Dean Yue before?"

"I haven't mentioned the more complex financial terms, but the problem is that if you can't understand what these financial terms represent, then you definitely won't know the patterns and methods of these transactions, let alone know how these transactions operate, so even if I explain to you the content discussed with Dean Yue before, do you think you can understand?"

The other party's attitude was sincere, his tone was sincere, and there was only regret and no ridicule in his expression, but Tang Mingfang's face still swollen red.

Shame on you!

I was flattened by a college student in my school!

Tang Mingfang really wanted to get angry.

But after thinking about it carefully, he found that he really needed to admit that what the other party said was correct, and the other party was indeed thinking about himself, and he took care of his own face, and his starting point was not to see his own jokes, but just to let himself give up and continue to ask!

It's just that who is Tang Mingfang?

O Principal of the Outer Chinese Academy!

With a high academic status and thorough theoretical research, at most he can serve as a vice president or hang the title of an academic expert, and to become the president of the School of Foreign Chinese is not only a theoretical foundation, but also a keen political mind and flexible skills.

So Tang Mingfang also thought in his heart, you little guy with no hair on your mouth dare to despise me, it's just self-inflicted and can't live!

Tang Mingfang smiled, took a sip of the teacup and asked. "Okay, you don't need to mention those financial terms, I really don't understand the meaning. However, just now you mentioned Thailand, the Philippines, Singapore, Malaysia, and Indonesia in Southeast Asia, and said that the next step for international travel funds is to attack South Korea, Japan, and Xiangjiang, so you can briefly talk about the consequences!"

I wanted Tang Mingfang to retreat from the difficulty, but the other party actually rose to the challenge, which made Fu Zhengyi scratch his head a little, thinking about it Anyway, he and Yue Haoming are also friends, and after Yue Haoming understands it, if Tang Mingfang asks, Yue Haoming will definitely tell him about various possibilities, so he sorted out his thoughts and said. "To put it simply, that is, once international tourism capital is allowed to attack Xiangjiang, then in the absence of appropriate responses, Xiangjiang's economic development achievements over the years will be taken away by international tourism capital, and eventually there will be an ordinary city that will be left with withering industries, economic recession, and continuous support from China to continue to exist, which will seriously slow down the internationalization process of our country......

Even if it's a simple introduction, it's not something that can be finished in one or two sentences.

However, after getting rid of those complicated financial terms that are not easy for laymen to understand and understand, Tang Mingfang quickly understood what the previous debate was about, and also understood the views of both sides and the focus of the dispute.

Tang Mingfang was shocked when he heard the end. "Xiaofu, it won't be so dangerous, right?"

"As I said before, either the total amount of funds exceeds the international travel capital, or the only way to change the rules and expel the international travel capital from the market, otherwise there is no solution......

Speaking of this, Fu Zhengyi saw Tang Mingfang's eyebrows tightened, and after thinking about it, he deliberately laughed and said. "Principal Tang, if you were to be in charge, if the first sniper of Xiangjiang was successful without any trouble, would you come back in a few months?

was already shocked by the catastrophic consequences described by Fu Zhengyi, Tang Mingfang couldn't say no with a clear conscience, so he had to answer depressedly. "Will definitely keep coming......"

"So, if there is no suitable and effective coping strategy, then Xiangjiang will not become an ATM for the country's travel funds? If you have no money, you will come and get a handful, and if you have no money, you will come and make a profit, let alone the economy of Xiangjiang, and even the domestic economic situation will become grim when the time comes......

"Impossible, right? Although our country has developed its finances decades later than foreign countries, and the foreign exchange reserves it currently has are not too much, there will always be people who can think of ways to repel these international funds, right?"

"The Thai government has borrowed a total of $45 billion, but it was only a little more than two months before it surrendered, and our country's current foreign exchange reserves seem to be more than $100 billion, so do you think it can last for a few months, four months, half a year, or a year?"

Fu Zhengyi's words were like a hammer slammed into Tang Mingfang's heart, although Tang Mingfang did not have a heart attack, he still turned pale and covered his heart to signal Fu Zhengyi not to say any more.

Picked up the teacup and drank two sips of water, seeing that Tang Mingfang had been thinking with his head down, Fu Zhengyi felt that he had said enough today, so he wanted to stand up and prepare to leave.

But a hand pressed on his shoulder in vain.

Yue Haoming, who didn't know when he returned to the restaurant, sat next to him and pressed his shoulder seriously. "Xiaofu, what you said is true?"

"Dean Yue, international travel capital can use trillions of dollars with the help of leverage, but Xiangjiang plus domestic foreign exchange reserves are 200 billion US dollars in the sky, if according to the conventional to cut off the channels for international travel capital to enter the Xiangjiang financial market, then the most conventional approach is to prohibit bank lending, raise the overnight lending rate, increase the deposit and loan interest rates to ensure the liquidity and safety of funds. But this will inevitably lead to a passive decline in the stock market and an outflow of funds, so this will definitely form an unsolvable financial closed loop!"

Yue Haoming was stunned. "As long as the interest rate is raised, the stock market will fall, and the stock market will fall and international travel funds will make a lot of money. Therefore, as long as the international travel capital wants to make money, Xiangjiang will become an ATM for the international travel capital, and if this continues, no matter how much foreign exchange reserves are not enough......"

Knowing that Yue Haoming had completely figured out the whole process, Fu Zhengyi was very relieved, seeing Tang Mingfang waiting for what he said with an expectant face, he hesitated before lowering his voice. "If you don't want to turn Hong Kong into an ATM for international travel, then there is only one way......" (To be continued.) )