Chapter 817

"The sky over the Soviet Union is now under black clouds, and the financial markets are full of rumors. International financial speculators aggressively shorted gold, making the Soviet economy, which relied on gold exports for a short-term basis, even worse. The collapse of gold prices on the international market finally sawed off the last pillar of the Soviet financial edifice, and the Soviet financial edifice soon collapsed with a bang to put the Soviet ruble in the grave. Fang Menan winked at him and smiled. It's beautiful in the heart! ”

"Hey...... Beauty! It's beautiful! "Ye Laosi is also smiling, in fact, they are sparing no effort to move bricks and tiles!" It's harvest time! ”

"Humph! Nannan, do you know that this guy is more ruthless than me! Cheng Shigui looked so admirable.

"Humph! Each other, each other! Ye Laosi shook the rocking chair and said lightly, "I originally aimed at making profits, and I said ruthlessly!" I'm not ruthless enough! Compared to what polar bears do to us, I'm a drop in the bucket.

Compared with me, an outsider, their own people are not merciful to their own people. I and several other giants of the Soviet Union have withdrawn large sums of ruble funds from the international foreign exchange speculation market, and this amount of funds has been pooled together with the funds provided by the other five commercial banks, and the capital of about three trillion rubles has been condensed. This abundant capital will completely sink the price of the ruble three months after a certain point in time in the future! ”

Does anyone know what a starting pistol is?

"Tsk...... Fourth brother! I haven't seen you for a few years and become a rich man! Fang Menan quipped.

"Hehe...... Ye Laosi scratched his head and smiled, "In the Soviet Union for the past few years." After entering 1990, the economic and financial foreign exchange market of the Soviet Union was already in turmoil, and I sold it on the black market several times higher than the black market price through my connections, and the 140 billion rubles I borrowed were as high as 28 rubles to 1 dollar. ”

"It's a staggeringly profitable trade, how dare you bet it!" Fang Monan's eyes widened, "You are poisonous enough!" ”

She clearly knows where the future is going, so she said he dared to bet! It's big enough.

"Yes! The fourth child is equivalent to an empty glove, and the white wolf changes hands, which is equivalent to earning hundreds of millions of dollars in profits. How did the 140 billion rubles depreciate in the end? I do not know. But one thing is for sure. It definitely depreciates. Maximization is that it is worthless, then this transaction will be a profit of 5 billion US dollars, which can not but be said to be a legend in the history of international financial transactions. Cheng Shigui took a sip of tea and said with a smile.

Ye Laosi hooked his lips and smiled. "I used another $5 billion that I made out of thin air. Coupled with the high interest rate leverage in the black market, the multiple of high leverage is about 100~500 times. That is to say, 5 billion US dollars was magnified to 500 billion ~ 2.5 trillion US dollars, and began to unscrupulously short gold in the London gold trading market and the New York trading futures market in the United States. ”

"Huh...... We little shrimps, no matter how ruthless we are. It's not as ruthless as the United States! People are only short in gold, and under the pressure of huge capital selling, gold bulls have completely collapsed, and the accumulation of short sales is as high as 2,000 tons! Ye Laosi pouted and said. If you don't admire, you can't! When people eat meat, we just follow behind and drink soup. ”

"This year, as you said, the financial markets of the USSR are clouded!" Ye Laosi said. "Collapse is a matter of time!"

As soon as the words changed, Ye Lao Si said, "Still talking about me!" You're not bad! Matthew! ”

"Each other! Each other! The two looked at each other and smiled.

"If the black market expresses the real exchange rate, then inflation will be very strong in the future! The ruble will depreciate sharply. Shouyun smacked his tongue.

"It's so powerful, it's just jaw-dropping!" Fang Monan took a sip of tea and said with a smile.

"Jaw-dropping, can it compare to our 1945 war?" Ye Laosi played with the celadon teacup in his hand.

"Uh-huh! That's a big deal! That kind of devaluation is rare in the entire history of international finance! Fang Monan rubbed the tip of his nose and said playfully.

"No, it won't! High inflation in wartime, this is normal! As a sovereign state, how could those far-sighted people of the Soviet Union sit back and watch their own currency fluctuate in such a way. Won't they take action! Stupid and waiting for someone to slaughter! Ye Laosi sat up straight and said.

Anyone with a little bit of macroeconomic knowledge knows that in the face of economic difficulties, the best policy for the state is to improve social welfare to expand the growth of domestic demand, and at the same time, to promote the depreciation of the national currency to a limited extent, within a controllable range! It is also conducive to promoting the growth of exports.

The problems of the Soviet Union at this stage were the shrinking of domestic industry, the surge in unemployment, and the lack of export channels and the staggering trade deficit. In this case, if the country continues to stabilize the ruble exchange rate, or even contribute to the appreciation of the ruble, then the country's exports, which are already nearly shrinking, will inevitably suffer a further blow and eventually disappear completely.

Then depreciation is imperative!

"People of insight must also have the right to speak!" Fang Monan said idly.

"Also, you have no right but to howl!" Ye Laosi nodded. "Those who have power are all corrupted and bought, and if they make a wrong monetary policy, they will not die or be crippled."

"Uh-huh!" Everyone nodded.

Fang Menan studied finance, and these are classic cases written in textbooks.

After the collapse of the Soviet Union, the foreign exchange market of the ruble was completely crushed, and cunning arbitrageurs bought the state-owned assets of the former Soviet Union at low prices and escaped huge ruble debts.

In the end, the ruble actually depreciated by a factor of 112,000 at the highest exchange rate at the time, which is an astronomical figure that shows how the international financial looters took advantage of it.

The ultimate result of the rapid financial liberalization and the opening of the foreign exchange market is to hand over the national wealth that the people of the former Soviet Union have worked so hard to accumulate for 70 years, and sit back and watch their international financial sovereignty be lost.

I have to sigh! From 1961 to 1991, the former Soviet Union was the boss of the camp. At the same time, it is also the boss of the Warsaw Pact, mainly engaged in heavy industry and aerospace and military industry.

In their media, these projects are basically ahead of the United States, and the exchange rate at this stage is also very good, worthy of being a superpower.

The exchange rate of 1 US dollar to 0.9 rubles was about 0.9 rubles and remained unchanged, according to the exchange rate at that time, a millionaire of 1 million US dollars was only willing to be a millionaire of 100 million rubles of 0.9, although at that time the exchange control was not freely convertible. The Soviet people should still feel happy!

By the end of 1991. Due to the collapse of the former Soviet Union for special reasons, the exchange rate, which lasted for 30 years, began to gradually hold on.

By 1994, it had fallen to 3,235 rubles per dollar, which means that millionaires (old rubles) had fallen to only $300.

In 2000, Russia issued a new ruble, replacing the old ruble with 1:1000, that is, 1 US dollar = 28000 old rubles. Or say if you are a millionaire (old ruble) . By the year 2000 you were a pauper with only $35, which made the bank deposits and currency held by the Soviet people worthless "overnight".

After the collapse of the ruble exchange rate market. The looters of international capital paid off the huge ruble debt with only a pitiful dollar. And bought the state-owned assets of the former Soviet Union at a low price. For them. It's not just earned, it's big gains, it's crazy plunder.

"It's a no-brainer. Bloodless, wage a financial war, comparable to an atomic bomb! And it's even more hidden! It's not the work of a bright knife and a bright gun! Ye Laosi sighed.

"In the seemingly glamorous and vague financial world, there have been some facts that have not been known to the public for a long time, and in these forgotten corners of history, there are extremely powerful forces hidden, and the game behind the financial shady scenes really determines the operation of finance in our real world." Fang Monan said at a long time.

"Do you want to keep your country stable! Then don't give too much freedom to the financial capitalists, in all their forms, all kinds of financial capitalists are the biggest moths in the world today. Cheng Shigui, as a relatively outstanding capitalist engaged in finance, has a deep understanding of this sentence!

"There are a lot of such examples, a little farther away, remember the Qing government's rubber stock boom?" Fang continued, "At that time, the Shanghai stock market was on the verge of destruction due to the collapse of rubber stocks. The storm quickly spread to the rich Jiangsu and Zhejiang regions and the Yangtze River basin, and the large cities along the southeast coast, causing heavy damage to industry and commerce, and destroying the achievements of the New Deal in the late Qing Dynasty. Later, according to rough statistics, the Chinese merchants lost between 40 million and 45 million taels of silver in the Shanghai and London stock markets, while the disposable fiscal revenue of the Qing government at that time was only about 100 million taels. The outflow of such huge sums of money made the Qing government's financial situation even worse.

The rubber stock boom is a tragedy caused by the influence of the international financial situation and malicious manipulation by some foreign adventurers. Profiteering and greed have led investors in Shanghai to lose their minds and fall into the trap, while foreign banks and speculators have profited.

The rubber stock boom laid the groundwork for the collapse of the Qing government, and the rubber stock market crash hollowed out the vitality of the Qing Dynasty. The Qing government, which had survived, quickly went bankrupt because the Xinhai Revolution broke out. ”

"Recently, the Japanese dwarf, needless to say, the financial colonization process, Agui has personally participated in it." Fang Monan said with a smile.

"There have been three oil crises in the history of world economic development, and each time Japan has paid a huge price, which has directly increased Japan's production costs and squeezed Japan's profit margins, and in addition to the transfer of oil demand in the United States, its monetary policy has also contributed to the rise in oil prices." Cheng Shigui said as he scraped the rim of the cup with his index finger.

"Because commodity prices are generally denominated in dollars, interest rate cuts have led to a depreciation of the dollar, which has led to a surge in the prices of commodities such as oil." Ye Laosi rubbed his chin and said.

"Hmmm! In the process of capital seeking appreciation and value preservation, oil is undoubtedly the most ideal variety. The hype of a large number of hedge funds is the main driver of oil's upward trajectory. As the lifeblood of the global economy, the price fluctuations of oil directly affect the rise and fall of the economy.

In fact, all the world oil crises have been driven by two major driving forces -- the shift in demand in the United States and the excessively loose monetary policy in the United States, and the key to solving the problem may also lie in the direction of these two driving forces. Shouyun echoed. (To be continued......)

PS: Ask for pink, ask for recommendation!!