"Nikita, you should remember that four years ago, when the Far East was first founded, we issued a batch of five-year treasury bonds in order to raise construction funds, which are divided into two categories: blue bonds and green bonds, with an annual interest rate of up to 6% for green bonds issued by institutions and 5% for blue bonds issued by private individuals." Roland's tone was slightly heavy.

"Of course I remember this, looking back, it seems that the debt interest rate is indeed very high, but there was no way at that time, after all, the country has just been established, the political power is not stable, there are a lot of internal and external troubles, and no one buys the debt interest if the interest rate is not high." Nikita said sympathetically.

"Compared with the low-interest treasury bonds issued later, the first phase of treasury bonds is obviously more favored by creditors, the Ministry of Finance tried to repurchase bonds several times, either rejected by creditors, or the discount price was too high, always unable to negotiate, this batch of treasury bonds will mature in a year and a half, after the maturity of the unified settlement, even the principal with interest to pay creditors a large amount of money, although our finances are still very rich, not bad for this money, but considering that the annual interest rate of the treasury bonds issued this year is only 4%, compared with the first batch of treasury bonds of up to 6%, Zahar and the fellows at the Treasury inevitably felt pain and felt that they were being calculated by creditors. ”

"You can't say that!" Nikita's role immediately shifted to the side of the creditors of the Far East government of Lighthouse Bank, "This 6% of the green bond bond, but Zahar's dead fat man personally hammered it down, he was still proud of it at the beginning, and repeatedly claimed that the interest rate on this debt was already very low, as if he had made a great contribution, how could he change his face now!" ”

"At this time and at that time, the environment will change and people's hearts will change, and the early recovery of the first batch of national bonds can indeed help us save a lot of debt interest expenses."

"But creditors are not stupid, how can you persuade people to give up part of the interest income and sell bonds in advance?" Nikita asked.

"That's your radio." Roland smiled a little evilly, "I just checked the list of radio subscriptions, and found that the subscribers are highly overlapping with our creditors, these big guys want radios and have to queue for a long time, and we want to buy back the bonds they hold but can't get them, since both sides have their own needs, why not ...... Uh-huh, you get the idea. ”

"Ahhh You treacherous creature has revealed your true face to be greedy! Nikita pointed at Roland and giggled, "I guessed!" You want me to write to the creditors who want to buy the radio, suggesting that they order the radio at a discount instead of cash, and if they agree to this condition, I promise to give priority to the delivery, so that they can sell the radio and buy back the bonds, which is the best of both worlds, right? ”

"Dear Nikita, you're so smart!" Roland gave her a thumbs up.

"I understand the reason, but I still can't figure it out, it's just a very simple question, why are you making it so complicated!" Nikita frowned slightly, "Since our magic guide radio is in short supply, it is completely possible to use the auction method to determine the priority of the order, and whoever bids higher will ship it to whoever is the first, isn't this simpler and more profitable than your treasury bond swap plan?" ”

Roland shook his head with a smile: "Although our purpose is to make money, the methods we use are different, and the results we receive are different." For example, one day when the sky was originally clear, it suddenly rained in the evening, and the rain became heavier and heavier, and I don't know when it would be, and most of the pedestrians on the street did not have rain gear, so if they wanted to go home in time, there were only two options: either spend 1 silver thaler to ride in a covered taxi wagon, or spend 5 copper thalers to go to the store and buy an umbrella. ”

"I think most people would choose to buy an umbrella." Nikita interjected.

"That's right, there are a lot of people who come to buy umbrellas, and the shop owner thinks it's a good opportunity, and after some thought, he decided to temporarily raise the price, and the umbrella that usually costs 5 copper thalers will sell 1 silver thaler today, which is very reasonable, right?" Roland asked deliberately.

"Reasonable hell! This kind of profiteer who sits on the ground and starts the price is the most shameless! Nikita naturally took on the role of a pedestrian in the rain, and couldn't help but be indignant.

"But if you think about it, pedestrians can only choose to rent a carriage to go home without buying an umbrella, and they still have to pay a silver coin for the fare, and in the streets where the rain is pouring, rental carriages are also very rare, and you have to wait a long time to take the car, so it is better to pay double the price to buy an umbrella."

"That being said...... Nikita's face was cloudy, "after calm thinking, I finally have to admit that buying an umbrella is the most reasonable choice, but it is one thing to be forced to sell an umbrella, and it will definitely leave a very bad impression on the profiteer who takes advantage of the danger of others to sell umbrellas at a higher price, if the other party is unlucky one day in the future, and asks me, not only will I not help, maybe I will gloat." ”

Roland smiled, "You see, this is the key, many times we will indeed be forced to reason to make the most beneficial choice for ourselves, such as being forced to buy a high-priced umbrella on a rainy day, such as forcibly holding back anger to pay a ransom to the kidnapper, but this does not mean that our emotions are completely subject to the domination of reason, outside the boundaries of reason, when we are forced to accept a deal that makes us feel humiliated, we will always plant the seeds of hatred in our hearts, and when the time comes, we will not hesitate to retaliate against each other!" But think about it from another angle, is the shop owner who sells umbrellas at a high price wrong? If so, where is he's wrong? ”

Nikita was intrigued by Roland's question, bit her lip and thought for a moment, and said slowly: "The special environment of rainy days forces people to increase the demand for umbrellas, and the store owner increases the price of umbrellas in full line with the laws of the market, from the perspective of a rational person, this practice is beyond reproach, but human nature is not only rational, as you just said, emotions also play a subtle role in the transaction process, and the store owner's mistake is to ignore the customer's emotions, for which he will suffer the infamy of being mercenary, And this cost is far more than what he has gained through the increase in the price of his umbrellas...... It is strange to say that a person who starts from reason will eventually make irrational decisions. ”

Sighing, she continued: "Now I know I was wrong, auctioning off the right of first refusal is not a good idea, someone may be willing to pay for the right of first refusal, but it will also have a bad feeling for me and ruin my reputation; In contrast, although the practice of exchanging treasury bonds for magic guide radio is also for profit, it is not so **, it looks better, and creditors have to bear the risk of holding bonds, after all, there is still a year and a half to mature, in case of the imperial crusade during this period, the bond price will inevitably plummet, and now it is not a good choice to buy magic guide radio. ”