Chapter 311: The Feast Begins

"Huh?" Yan Haobai looked at Qin Yu in surprise, and the other party took the initiative to reduce the commission to 1/10,000, which meant that they could pay a lot less. Yan Haobai couldn't help but ask.

"Brother Qin, isn't this a good thing?"

"Stock exchanges have always played by the rules, and now this only explains one reason." Qin Yu said slowly, "There are real predators who have already watched us, and besides, the other party's power is big enough to affect the entire New York City Stock Exchange!" ”

"You mean...... Yan Haobai is not a stupid person, as soon as Qin Yu mentions it, he understands.

"That's right." Qin Yu nodded, "To be able to do this, there will not be more than ten people in the entire New City!" And the people related to us, I can only think of one! ”

Speaking of this, Qin Yu took a deep breath and slowly spit out five words.

"Warren Buffett!"

With the spit out of these five words, Yan Haobai's expression couldn't help but stiffen, Buffett! If you are to list the top 10 most famous business giants in the world, the latter will definitely occupy a place!

"Brother Qin, will he have an impact on our plans?" Yan Haobai couldn't help but say.

"Brother Yan, you don't have to worry." Qin Yu said with a smile, "We have invested two billion dollars at one time now, and it is certain that he will be watched." ”

Speaking of this, a trace of confidence flashed on Qin Yu's face, and that confidence was even stunned in Yan Haobai's eyes.

"And, even if he really wants to make a move, I believe that the Tianzhu rupee will plummet!"

……

After coming out of the New York Stock Exchange, Qin Yu and his entourage found a hotel to stay in.

This is Qin Yu's first time in the United States, whether it is in his previous life or in this life. To be honest, I was still a little excited before I came. But after a day of shopping......

New City ...... That's it.

Whether it is the famous Times Square, the statue of the goddess symbolizing freedom, or other attractions, in Qin Yu's opinion, it is far inferior to Xia Hua's domestic attractions.

But thinking about it, Qin Yu was relieved. The entire rice country has a history of more than 200 years, and compared to the Xia Hua Kingdom, which is the only one of the four ancient civilizations, it is naturally a big gap!

March 15, 2016.

The exchange rate of the rupee has been very stable, and Qin Yu is not in a hurry at all. But on the other side, Warren Buffett began to be curious, it was really this young man who was a little too calm!

That's not a small amount! If the rupee does not fall, then the number of Qin Yu's losses is definitely not a decimal number! Because of the leverage, let alone rising, even if the rupee exchange rate remains the same, Qin Yu will definitely lose at least two billion US dollars!

That's real cash! With Qin Yu's worth, such a small loss is enough to kill someone!

However, because of the concern, Buffett is also faintly aware that there are some bad rumors coming from Tianzhu at present.

Although Tianzhu's economy is developing rapidly, corruption and "black money" are the biggest obstacles to eradicating poverty in the magical country. Coupled with the new leader Rudy's coming to power, it seems that he intends to change this status quo!

Coupled with the rampant counterfeit rupees currently on the market, it seems that reform is imminent!

In fact, for a country's foreign exchange reserves, personal funds seem somewhat insignificant. Don't look at Qin Yu's sky-high price of 20 billion US dollars, plus leveraged operations, it can only reach about one-tenth of Tianzhu's foreign exchange reserves.

Before, the financial crisis in Asia was not caused by Soros, but more with the help of international travel funds!

And Soros, only because of his personality, he reports in front of the media and is in the limelight, will he become a well-known figure among them! In one fell swoop, he became the man who claimed to have broken down the banks of various countries.

And what Qin Yu has to do now is to act as a leading figure in it, initiated by him! Heavy selling of rupees. When the time comes, these international tour funds will inevitably come like sharks smelling blood! At that time, the funds involved will be at least tens of trillions of funds!

Because of the extremely rapid development of some countries in the subregion, it has even taken decades of hard work to gradually catch up with the accumulation of some European countries for hundreds of years. In the process of rapid development, some drawbacks will inevitably appear.

That's the improper foreign exchange policy!

In order to attract foreign capital and absorb a large amount of capital, they need to maintain a fixed exchange rate on the one hand, and expand liberalization on the other. This provides an opportunity for international travel funds.

Far away, let's talk about the famous Asian financial turmoil. It was because Siam canceled the control of the capital market before the country's financial system was straightened out, which made the short-term capital flow unimpeded, and also laid the groundwork for shorting Siam at that time!

In order to maintain the fixed exchange rate mechanism and not cause panic among the people, Siam at that time had to use foreign exchange reserves to cover the deficit, which led to an increase in external debt.

As for the increase in foreign debt, once the outflow of foreign capital exceeds the inflow of foreign capital, and the country's foreign exchange reserves are not enough to fill this hole, then the depreciation of the Siamese currency will be inevitable!

Once it is devalued, the financial system of the whole country will be hit hard! Decades of hard labor are in vain! It is equivalent to the wealth of the whole country is contributing to the international travel capital!

Of course, not only Siam, but also the port city once had the same ordeal. It's just that at that time, the port city had just returned, and with the strong support of Xia Huaguo and this rock-solid backing, it was also a great way for international travel funds to return!

Although Warren Buffett noticed the appointment of the new leader and seemed to want to implement drastic reforms, she did not pay much attention to it.

After all, the new official took office three times,...... These people are also in great need of some credit to prove themselves. This is not only in Tianzhu, but even in the entire sub-domain, in the European region, and even in the non-domain is a normal thing.

However, on March 18, a piece of news caused a sensation in the world.

The head of Tianzhu suddenly announced that the 500 and 1000 denomination currencies would be abolished! At the same time, the fixed exchange rate system was abandoned and a floating exchange rate system was introduced.

As soon as the news came out, the world was in an uproar! In an instant, the international tour capital frantically raised funds and began to operate, and unimaginable funds entered the Tianzhu market!

It's really a group of heroes competing for the deer, winning Tianzhu!

Rudy's heart is good, but it's too hasty! This phalanx has a really good intention, on the one hand, it can strongly suppress domestic black money, anti-corruption, and tax evasion! On the other hand, it can also vigorously promote a cashless society, accelerate the pace of entering a cashless society, and increase mobile payments.

At the same time, because it is the large denomination of the rupee that has been abolished, the impact on the general population is minimal. On the surface, it's almost harmless!

However, a wise man must make a mistake if he thinks a thousand times!

Rudi is less concerned about one point, that is, in order to achieve a real anti-corruption goal, Tianzhu's demonetization policy was implemented quite secretly, and only a very small number of heads of government and key officials of the central bank and security departments knew about it.

But this high level of secrecy also has serious negative consequences: banks and citizens have no time to cushion the impact of the sudden "demonetization", causing social panic and short-term financial shocks, which has caused many Rudy's supporters to "turn black" overnight.

At the same time, the losses of some foreign-funded enterprises are also too great, and they instantly lost trust in the team led by Rudy! For a time, the rupee plummeted!