Chapter 532: Financial Speculation (I)

Later, the countries of the Western Continent, which also found that the situation was wrong, also introduced policies one after another, began to cool down their own economies, and the government stepped forward to stabilize prices, and even the Boston Empire, which had a premonition that something was not good, also began the same financial austerity policy to prevent the collapse of the economy, but at this critical time, Fang Ruijun began to take action.

Since the last time the Chinese empire relied on the collapse of the Lanfang currency to manipulate the stock market on a large scale, resulting in the collapse of the economies of various countries, all countries have strengthened the monitoring of their own futures and stock markets, as long as there is a stir, governments will take action to maintain stability.

Therefore, in these two places, it is already difficult to hide from the governments of various countries and make too big moves, after all, if the funds of the Chinese Empire want to enter secretly, it is impossible to concentrate too much funds, because the flow of large funds is monitored by state organs, and once investigated, it is easy to be exposed. If the funds used are too small, and they cannot be compared with the funds used by the state, as long as the state makes a move, the stock market and futures will naturally be stable, and the Chinese empire will not be able to set off any big storms at all.

In this case, Fang Ruijun applied for the business investment department of the China Foundation, which is the strongest in the world. The commercial investment department of the China Consortium was created by Xia Tingyun that year, and over the years they have absorbed a large number of elite people, and have been secretly earning funds for the China Consortium through investments in the stock market and futures in various parts of the world, and its leader has always been Xia Tingyun's deputy at that time, Dong Fei, who is well-known in the financial community.

When Dong Fei took power for the first time, she experienced the Lan Fang coin selling plan designed by Fang Xiaoyu, and as a result, this successful asset operation made her famous in one fell swoop, and after enduring it for more than ten years, she finally made another move, this time her strength was even stronger.

In the secret white orphanage established by Fang Xiaoyu, although most of them have joined the intelligence agency, there are also some children with high business talent who have joined the China Foundation, and many of them are secretly distributed to various parts of the world, selling products for the China Foundation, or carrying out financial investment and industrial manipulation, many of them have taken root abroad for many years and have rich foreign experience, and others cannot find out their relationship with the China Foundation at all.

It was with such a white face, but completely loyal to the China Foundation, that this operation was carried out smoothly, and Guthri was such a person. Guthry was born in an orphanage under the Chinese Consortium, and when he was a teenager, he came to the Boston Empire as a Sahr, and with the secret support of the Chinese Consortium, he quickly made a fortune, and he was also a big banker in Gotham City, and the Gotham Foreign Exchange was where he often came.

There are many others like Guthrie, who are scattered within the Boston Empire and the great powers of the Western Continent, and they are fully prepared. At the height of QE, they were tasked with the top of the Ministry of Business and Investment, and these people were tasked with a business in the national banks of various countries, which was financial mortgage lending.

Financial collateral borrowing is a very high-end loan model, which is only available to those who are reputable and wealthy. The main content is that the borrower can pay a certain margin and obtain ten times the right to transfer funds in this bank, but these funds cannot be withdrawn, only in the financial market, and before these loans are returned, the lender not only cannot withdraw the deposit, but even cannot go abroad.

It is precisely because of such a business that the traders of the hidden business investment department of the Chinese consortium such as Gris have an opportunity. After going through various means, these people all made such loans in the banks of their own country, and in the Boston Empire alone, they raised a total of three billion Chinese dollars, and thus obtained the right to mobilize three hundred thousand Chinese dollars.

Countries keep a close eye on the stock and futures markets, but ignore another place where they can manipulate their finances: the foreign exchange market. Forex trading is actually the exchange of one country's currency with another's currency, that is, buying one currency pair and selling the other at the same time.

At first glance, such a transaction may not seem important, but in today's increasingly close economy, countries are interconnected, international trade is very frequent, and the national economy is therefore more sensitive to currency exchange prices. If a country's currency depreciates, it will make its own goods cheaper, thereby stimulating exports, on the contrary, appreciation will stimulate imports because of the relatively low prices of foreign goods.

In March 919, as countries began deflationary policies to slow down the pace of domestic inflation, the stock market and futures markets began to weaken, and many stocks began to stagnate, and the broader market began to fall into a period of correction after rising steadily. In order not to let the country's economy decline too fast and avoid the panic caused by a hard landing, governments around the world began to invest money to maintain stability in the stock and futures markets, but the crisis began in the foreign exchange market, which they never paid attention to.

On March 19th, Gris and his companions, who had been ordered to begin their mission, arrived at the Boston Imperial Forex Exchange. As the clock rang at nine o'clock, Gris began to make a move, and under the quantitative easing policy of various countries, the currencies of various countries showed signs of depreciation, and this was the best time to suppress the currency.

Gris first invested 100,000 waves to buy the falling waves, and the foreign exchange exchange is not taken seriously, so there is not much capital flow here, but 100,000 waves is not much, and someone will buy it in ten minutes. Gris hasn't made a move yet, and there is a big order of one million thrown down, apparently there are companions who have also begun to exert their strength, although one million is not much, but it is already a lot in the foreign exchange market, and this time it was a full half an hour before someone took the order.

Seeing that the flow of funds in the foreign exchange market was not large, Gris began to throw out a large number of orders to buy falling waves, and many of his companions also began to exert their strength, and these young men from the business investment department used a large amount of funds that could be mobilized in their hands to play virtual foreign exchange futures in the foreign exchange market.

They continue to buy falling waves, causing the actual decline of the waves, and then continue to put the profitable money into the market, and continue to buy foreign exchange options for falling waves, so snowballing, quickly amassing huge wealth. Originally, due to inflation, the exchange of the Polish yuan to the Chinese dollar had reached the level of seven to one, but after the Polish yuan was bought sharply, the price quickly fell to twelve to one.

Since the Chinese dollar is the only currency in the world that adheres to the gold standard, foreign exchange speculation is ineffective against it, but the Polish yuan and the currencies of other countries have long been detached from the peg to gold and changed to a floating exchange rate, and this floating exchange rate has brought disaster to the Polish yuan.

At a time when the government was focusing on the stock market and the futures market, in the foreign exchange market, which they did not pay attention to, Gris and his companions went on a short spree, and the wave dollar fell again and again, and the fluctuations in the exchange rate were directly reflected in the futures and stock markets. When the Boston Imperial Government found that after investing a lot of money in the futures and stock markets, the two financial markets were still very unstable, and the indices were still falling rapidly, their traders in the state sector finally realized that something was wrong.

After using the strength of the Ministry of National Intelligence, they soon found out that there was a problem in the foreign exchange market, but by this time the exchange rate of the Polish yuan against the Chinese dollar had fallen to 25 to 1. The Boston Imperial Government, which had discovered the problem, hurriedly mobilized funds to enter the foreign exchange market and bought back a large number of Boyuan yuan to raise the price, and by this time the momentum of Gris and others had become strong, and their funds were already very large.

After the state used a large amount of money to enter the foreign exchange market, it once raised the exchange rate of the Polish yuan to the Chinese dollar to the extent of eight to one, but the new round of large-scale buying and falling by Gerris and others directly knocked the ratio back to 29 to one. The two sides continued to invest money to fight an offensive and defensive war, but Gris and others were more skilled, and they kept making money, and the Boston government did lose money to protect the market, and by the time the deal was over, although the foreign exchange ratio was pulled back to ten to one, the government had already suffered heavy losses.

Due to the time difference, when there was a fierce battle in the foreign exchange exchange of the Boston Empire, the foreign exchange markets of the countries of the Western Continent had already been closed, and the government of the Boston Empire was already in a hurry, and the relationship with the countries of the Western Continent was average, so they did not inform their country of the situation.

The experts of the Boston Empire, who had little experience in foreign exchange speculation, did not realize how serious the situation was if they did not inform the countries of the Western Continent, and they did not realize that a day of fierce financial warfare was only the beginning. In order to maintain its own economic stability, the Chinese Empire did not make any moves in the domestic foreign exchange market, but the countries of the Western Continent were different.

When the Boston Empire was still in the early hours of the morning, the foreign exchange exchanges of the countries of the Western Continent opened one after another. The traders of the Ministry of Commerce and Investment, who had been prepared for a long time, immediately threw heavy punches and rushed to smash the market in various financial markets, and the governments of the western continent, which were not well funded, were defeated one after another, and the currencies and stock markets of many countries were already on the verge of collapse.

A few hours later, the unsuspecting Boston Imperial foreign exchange market appeared like an avalanche as soon as it opened, and the exchange rate of the Polish dollar fell all the way to the extent of 37 to 1, along with the exchange rates of other currencies, which frightened the Boston Imperial Government to announce an emergency closure of the foreign exchange market for a week, and before them, the countries of the Western Continent had successively announced the indefinite closure of all financial markets.

The Imperial Government of Boston urgently summoned financiers and large business owners from all over the country and demanded that they pay for the protection of the foreign exchange market, and the major giants also knew that if the foreign exchange market collapsed, their own industries would also depreciate rapidly, and in the common interest, they agreed to the state's demand.