289 Commodity Futures

As soon as Ren Huan withdrew, Shang Wen immediately scolded Yingyu.

"You're interfering in state affairs." Shang Wen said with some annoyance.

"I call it meddling in government affairs, don't forget. I'm a princess. Besides, my father will certainly agree to it. Yingyu said.

"What's the big deal, you forgot what happened last time. Flying itself is a dangerous thing. I haven't agreed yet, you agreed. What happens, can you take responsibility? Shang Wen shouted angrily.

"I'll take responsibility, that's all right. You're so annoying. Saying that you are a nerd, I think it is all light, and if you knew it, you wouldn't have treated your ears. Yingyu said dissatisfied.

"Also, I warn you, I am only allowed to yell at you, you are not qualified to yell at me, otherwise, I will beat you." Yingyu stretched out her finger and pointed at Shang Wen and said.

"Threaten me." Shang Wen said.

"Yes. That's right. With that, Yingyu stepped forward with an arrow, grabbed Shang Wen's arm and twisted it behind his back.

"I'm a person, just one merit, and I do what I say." Yingyu twisted Shang Wen's arm and said.

"Loosen." Shang Wen said.

"If you say let go, let go." Yingyu said.

"I have a broken arm." Shang Wen exclaimed.

"If it's broken, it won't let go." Yingyu shouted.

Shang Wen thought that this matter could not be forced. It's going to have to be a different way.

"My arm is broken. I can't make perfume, ice cream, or cake for you. Shang Wen exclaimed.

Yingyu thought to herself, yes, how did I forget. There's so much left undone.

Yingyu let Shang Wen go. He said, "That's right." Last time I was in the north, you didn't make me a cake yet. Do it for me now. Yingyu pinched her waist and said.

"It hurts." Shang Wen shook his arm.

"Hey, I'll talk to you." Yingyu shouted loudly.

"No flour." Shang Wen replied angrily.

"There's no flour, you go find it." Yingyu said.

"Flour you think it's minerals. If you say you can find it, it is an agricultural product, and there are few of them, and if you grind it into flour, it will be less starch. You think you say there is. Those stocks that you print, and the bonds that are now in circulation, require a lot of starch. If it's all cake, don't issue those shares. Shang Wen said angrily.

"What does my food have to do with the issuance of shares?" Yingyu asked puzzled.

"Starch is in print・・・・・・・ forget it, forget it. Explain to you that you don't know either. Shang Wen said impatiently.

"I don't care about that, and I can't care about it. You'll have to make it for me anyway. Yingyu said.

"At this time, you can't take care of it. Aren't you even able to manage the affairs of the Heavenly Army? Shang Wen said.

"What did you say?" Yingyu said threateningly.

"Nothing? I said, I can't help it. Shang Wen said.

"Use your little brains and think quickly. I know you're the smartest. Nerds. Yingyu said with a new smile.

Acid died. Shang Wen felt that the meat was numb and fell to the ground. This Yingyu changed her face too quickly. It's faster than a money counter. Flip books are indescribable. Shang Wen thought. "Think about it. Nerds. Yingyu shouted loudly. This guy is really a money counter. With just one sentence, his face changed all of a sudden.

"Don't rush, I think, think." Shang Wen waved his hand. And then I started thinking about it. If wheat is needed, it is necessary to increase wheat yields. But how to improve it has become a big problem. This is because if you promote wheat and force them to grow wheat on a large scale, it will arouse a strong resentment, and if the technology is not mature, or if there is no experience in planting, then the grain production will affect the grain production of the next year. When the time comes, there will be a food crisis, and it will not be good.

The wheat that is now purchased can only be used as a raw material for some industries, such as printing, especially for winemaking. The demand is particularly high. Edible, it's not up to grade. There is also the popularity of grinding. Now this equipment is only used in the processing of industrial raw materials, and in other places. It didn't get to that point at all.

I want to eat cake. Difficult. Shang Wen thought with a frown.

"How? Nerds. Did you come up with it? Yingyu asked.

Shang Wen didn't answer, and shook his head. Yingyu sat on the sofa angrily. At this time, Yueyang, the more modernly dressed woman next to Yingyu came in.

"Princess, someone from Zhang Yushi's side came to discuss the issue of shares, you see?" Yueyang whispered.

"Gee, you've got it all in your hands. You can do it boldly, I can rest assured of you. Go ahead. Yingyu said loudly.

"But it doesn't matter. Go ahead. Go ahead. Yingyu said.

It's hard for Shang Wen's ears to hear it. Yingyu's voice was too loud. And there were only three people in the room. No matter how whispered it is, the sound can still be heard. Shang Wen suddenly shifted to finance. Since it is very difficult to forcibly promote, it is better to leave it to the market to do this. What I have been advocating is free market trade. So. This matter should be handed over to the market.

"Bang." Shang Wen snapped his fingers.

"I thought about it. Open commodity futures. Shang Wen said loudly.

"Commodity futures?" Yingyu and Yueyang shouted.

"Yes. It's the same as stocks, but it's more exciting than stocks. Shang Wen said. Yingyu looked dazed. Yueyang listened but was very interested, because she was in charge of the first securities company in the Qin State, the stock exchange. All the financial things, she is learning and managing. It can be said that this is the first person in the financial aspect of the Qin State.

"What are commodity futures?" Yueyang said boldly.

"A futures contract for a physical commodity is a standardized contract formulated by a futures exchange that stipulates the delivery of a certain quantity and quality of physical commodities or financial commodities at a specific time and place in the future. Moreover, a leverage mechanism is used to make a big deal from a small one. To invest in commodity futures, you only need to pay a performance bond of 5%~20%, and you can control 100% of the virtual funds. In this way, the profit margins are large. A lot of people will participate. ”

"Futures contracts designate a standardized and unified delivery warehouse for the physical delivery of physical commodities in futures trading to ensure the normal delivery of physical goods. For example, take wheat as an example, set the price per stone, and then let this price fluctuate at will, short or long, you can do it. In this way, as long as there is a large price fluctuation. Wheat will be promoted, and the planting area will be expanded, gradually replacing corn. Shang Wen walked back and forth and said excitedly.

"You." Shang Wen pointed at Yingyu and said.

"You'll be able to eat cake." Shang Wen said.