Chapter 268: Financial Predators (Asking for Subscriptions, Asking for Monthly Passes)

Suddenly there is a startling explosion message from Wall Street!

Someone opened a position with a fund of 10 billion dollars, sniping at the yen and the West German mark!

As soon as this news spread, it immediately caused an uproar on Wall Street and even in the global financial community!

Now that Germany has not yet been merged, after hearing such rumors, the West German side immediately stood up to refute the rumors, saying that there was no such thing at all, and it was all nonsense from the outside world.

After all, the investment of 10 billion US dollars in the foreign exchange market has a great impact, and if the West German side does not stand up to refute the rumors, once the West German mark plummets, the impact on the domestic economy will be great, and if a domino effect is formed at that time, it will be possible for West Germany to trigger a financial crisis.

When the West German bank came out to refute the rumors, everyone was suspicious, thinking that this was a smoke bomb released by Wall Street to confuse the foreign exchange market.

But at this moment, there was a shocking news from the side of Riben!

First of all, when a reporter asked whether someone on the Japanese side had a large amount of money to short the yen, the Japanese side did not answer positively, but it did not refute the rumors!

If you don't refute the rumors, you are acquiescing!

This is one of them.

Second, at this time, the Japanese side announced that it would raise interest rates and adopt a tight monetary policy!

Suddenly, the foreign exchange market was detonated by this news!

As long as people who know a little bit of finance know what it means to raise interest rates in Japan, it means that they want to force the yen to depreciate against the dollar, then, it was reported on Wall Street that someone had established a $10 billion fund position to short the yen and the West German mark!

Suddenly, the foreign exchange market was turbulent.

At the beginning of the morning when the foreign exchange market opened, the yen plummeted from 131 to 135 against the dollar, and the West German mark was also affected by it, falling from 1848 to 185.

After seeing this pattern, the wolf-like capitalists on Wall Street resolutely united with a group of foreign exchange bookmakers to sell a large number of yen and West German marks in the foreign exchange market, hoping to take advantage of this troubled water to make a fortune.

Indeed, just one day later, stimulated by a large number of foreign exchange bookmakers on Wall Street, the yen and the West German mark ushered in another plunge, and the yen and the West German mark fell again against the US dollar from 135 and 1.85 at the beginning of the morning to 137 and 1.852.

The capitalists watched the yen and the West German mark plummet loudly, and many people made millions of dollars in one day from the yen and the West German mark on the foreign exchange market.

"Haha, Rogers, today I made more than three million dollars in the foreign exchange market."

"Dear Leonard, I don't make less than you, and the champagne starts tonight?"

"No problem, this time the yen and the West German mark fell badly, we should still have profits to be profitable, and then I am going to short a lot of the yen and the West German mark, what do you think?"

"How can you miss such a great opportunity to make money? I will definitely also open a short position on the Japanese yen and the West German mark. ”

"We have to thank the predator who built a position of 10 billion dollars, otherwise how could we make so much money."

"yes, I'm curious, who the hell is this predator?"

Here's a phone call from two Wall Street financial company bosses, and they really want to know who is the one who gave them the opportunity to make a fortune by shorting the yen and the West German mark.

It's just a microcosm of Wall Street.

After hearing that someone had set up a position of 10 billion US dollars to short the yen and the West German mark, many people followed suit.

A lot of people are inquiring!

Many people riveted to know who it was, to see if they could get more money-making information from the mouth of this mysterious financial predator.

Capital, that is, profiteering, is like a shark in the sea, once the smell of blood is discovered, this group of capitalists will immediately rush up and bite in groups!

……

In the evening, in the villa.

Ji Sheng is having dinner with Agnan.

Butler Michael. Baker stood respectfully aside, commanding the servants at any time.

Aignam held up the red wine glass and touched it with Ji Sheng, and laughed: "Ji, I didn't expect that you just signed a gambling agreement with us, and it has only been a day since the establishment of our capital position, and you have already made a lot of money." ”

Ji Sheng smiled and shook his red wine glass, "It's just luck." As he spoke, he winked at Agnam, "Agnam, I signed a gambling agreement with your State Street Bank, I make money, and State Street loses money, and now this situation is so excited if it reaches the ears of Mrs. Elsenhans, it seems that it will not affect you, right?" ”

"She's probably happier than I am now." Agnam smiled and groaned: "The yen and the West German mark have plummeted, and we have lost money on you, but in the foreign exchange market against which we hedge, we have made a lot of money, why are we not happy?" ”

Ji Sheng had long known that State Street Bank would use himself as a hedge, and he was not surprised at all, but he still pretended to be suddenly enlightened on the surface, "No wonder State Street is willing to establish such a huge capital position for me, it turns out to be profitable." ”

"No big financial institution would put all its eggs in the same basket." Aignan said with a little meaning, and then said with a smile: "Ji, I have known you for so long, and I know your skills very well, so don't pretend to be confused with me in this regard, I'm a little curious about one thing now." ”

Ji Sheng asked while holding the chef's "American Chinese Zuo Zongtang Chicken" and asked, "What?" ”

Egnan put down his glass, looked at it with a serious face, and said, "How did you determine that the dollar would rise against the yen and the West German mark?" You must know that at the beginning of this year, many foreign exchange analysts believed that the dollar would fall further during the year, and even speculated that it might fall to a new low of 110 yuan against the dollar. ”

Michael. Baker took advantage of the gap between the two of them to ask the maid to carefully put the dishes that had just been pushed out of the kitchen with a small cart on the table, and at the same time pricked up his ears to listen, wanting to hear Ji Sheng's insight.

Dude, you can't talk about the information collected from modern society, right?

Of course, Ji Sheng is not without words, and when he collected these materials, he saw many economists and financial analysts "afterthought" the analysis of the decline of the yen and the West German mark against the dollar.

Ji Sheng used those things to deal with Agnan, "It's simple, because of the Plaza Agreement. ”

"The Plaza Accord?" Agnan was stunned.

Michael. Baker couldn't help but be stunned for a moment.

The two certainly understood what the Plaza Accord was.

Around the beginning of the eighties, the country's fiscal deficit increased dramatically, and its foreign trade deficit increased dramatically. The U.S. country wants to improve the balance of payments imbalance by increasing the export competitiveness of its products through the depreciation of the dollar, so it is the signing of this agreement.

In 1985, the finance ministers and central bank governors of the United States, Japan, Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York and reached an agreement on the joint intervention of the governments of the five countries in the foreign exchange market to induce the exchange rate of the US dollar to depreciate in an orderly manner against major currencies in order to solve the problem of the huge trade deficit of the beautiful country.

Because the agreement was signed at the Plaza Hotel, the agreement is also known as the Plaza Agreement.

After the signing of the "Plaza Accord," the above-mentioned five countries began to jointly intervene in the foreign exchange market and sold a large number of dollars in the international foreign exchange market, which then formed a selling frenzy among market investors, resulting in a sustained and substantial depreciation of the dollar.

As early as 1985, the U.S. dollar fluctuated around 250 yen per dollar, and in less than three months after the agreement was signed, the U.S. dollar fell rapidly to about 200 yen per dollar, a drop of 20 percent. Since then, financial experts, represented by various sectors of the economy in the country, have repeatedly verbally intervened in the dollar, and the lowest price has fallen to 120 yen per dollar. In less than three years, the dollar has depreciated by fifty percent against the yen.

The yen has doubled in value against the dollar.

Both of them knew about this agreement, but they didn't understand what connection Ji Sheng's shorting of the yen and the West German mark had with the Plaza Accord.

Ji Sheng could see from the confusion on Agnan's face that he was curious, he put down his chopsticks and explained lightly: "You also know that after the Plaza Agreement, the stock market and real estate industry are getting more and more crazy, let me give you an example, there is a president named Watanabe in Japan, who was first engaged in automobile trade, but due to the appreciation of the yen, the profits of automobile trade are getting lower and lower, and this person is forced to target the real estate business." ”

Egnan and Michael. Baker listened carefully.

Ji Sheng said slowly, "Watanabe just borrowed 10 billion yen from the bank and bought some houses in Tokyo, and when he finished drinking coffee and fell asleep, this 10 billion yen became 13 billion yen. ”

Michael. Baker somewhat understood, "Sir, you mean ......?"

"That's right." Ji Sheng bowed slightly, "At that time, as long as you buy land, mortgage, loan, buy land, mortgage, loan, and buy land in an infinite cycle, you will definitely be able to make money, and there are more than 10 million speculators like Watanabe, and the stock market situation is much the same, do you know what this means?" ”

Agnan reacted instantly, blurting out a noun, "Economic bubble!" ”

"Yes!" Ji Sheng snapped his fingers, "It's an economic bubble." He paused, "The real economy is the lifeblood of a country, the stock market and real estate bubble is very large, once the bubble bursts, there is no manufacturing industry, the economy of the whole country will collapse, the day is so big, do you think the day is so big manufacturing industry?" ”

Egnan inhaled, "No. ”

Ji Sheng said step by step: "Since the manufacturing industry of the day is not the bottom, then if you are the day of the government, what will you do?" ”

Agnan thought for a moment and said with a wry smile: "Let's find a way to cool down the stock market and property prices." ”

"Huh." Ji Sheng laughed, "What is the most direct way to cool down the stock market and property prices?" ”

Michael. Baker exclaimed: "Raise interest rates!" ”

"Bingo!" Ji Sheng glanced at Michael appreciatively. Baker, and then set his sights on Agnan, "Once the yen raises interest rates, it will inevitably depreciate against the dollar, so won't the opportunity to go short?" ”

Egnan and Michael. Baker finally understood why he was short, and couldn't help but secretly admire Ji Sheng's clever judgment of the global economic situation.

It's just that Agnam still has a question, "That being said, why are you sure you can't make a mistake at this time?" ”

"Quite simply, the dollar has fallen too low against the yen and the West German mark." Ji Sheng sighed and said, "The dollar as the support point of the world currency, once it falls, it is bound to strengthen, and the currencies of other countries will appear to be more and more valuable on the surface, but in fact, because of the low price of the dollar, there will be flight of domestic capital from other countries, as well as currency depreciation pressure, these factors add up, whether it is the yen or the West German mark, there is only one way to go, that is, to choose to raise interest rates." ”

He paused, "Actually, it doesn't matter when I make a move, the important thing is that as long as countries realize that the price of the dollar is too low, they will inevitably find an opportunity to reduce the exchange rate against the dollar, so as to prevent capital flight and currency depreciation pressure...... Because there is no choice! ”

Ji Sheng said the last paragraph in one breath, "Because the price of the dollar is too low, a large amount of money flows back to the beautiful country market from overseas, and the economic bubble has formed in Japan, and if you want to solve it, there are only two ways, one is to use the procrastination trick and wait for the bubble to burst by itself, so that the bubble may be bigger than now, and the impact of bursting will be greater, and the second is to burst by itself, which is nothing more than a problem of long-term communication and short-term pain, I believe that any government with a long-term vision will not choose the former, and the same is true for Japan." , they only take the initiative to burst the bubble one way to go, that is, to find an opportunity to raise interest rates, increase the rediscount rate and other monetary policies, you see, the Japanese economy will collapse in less than two years. ”

So that's it!

It turns out that there is so much knowledge in it!

The economic bubble has been formed, which is an irreversible state, according to Ji Sheng's analysis, the day Ben only chooses to take the initiative to burst, then, it really doesn't matter when Ji Sheng enters the market to harvest the yen, on the contrary, he asked State Street Bank to build a position of 10 billion US dollars to short the yen, which is equivalent to giving the day Ben an opportunity to raise interest rates with a good time.

The same is true of the West German mark.

It's just that the economic situation in West Germany is not as severe as that of Japan, so it is necessary to refute the rumors.

According to the data collected by Ji Sheng, after the reunification of Germany, there was a phenomenon of capital flight, and then after one or two decades of various policy interventions, it finally returned to the European average.

Naturally, as long as Ji Sheng dares to enter the market, or in other words, as long as someone dares to enter the market as boldly as he is, he will definitely make a lot of money from it, because this is the result that Ri Ben and the West German side want to see!

This forex battle is destined to be a success!

Egnan and Michael. Baker was impressed by Ji Sheng's powerful analysis of the international economic situation, and at this moment, they knew that Ji Sheng dared to gamble with a billion dollars because he had already seen the future, and he had long known that he would be able to make money, and he would definitely be able to make a lot of money!

……

Ji Sheng and the others were still having dinner, chatting about the international economic situation.

But the outside world once again came out with an astonishing news, that is, I don't know who released the rumors, saying that the tyrant who operated a large amount of money to short the yen and the West German mark this time was Ji Sheng, who had just emerged in the crude oil futures market and was called the Oriental Silver Lion, and in an instant, the entire Wall Street and the global financial community were in an uproar!