Chapter 186: Enlightenment
Among the people here, everyone who understands understands it, and it is completely thorough. Kentaro Miyamoto also understands that Masao Ishihara is by no means joking.
One of the ideas of Musk's American SpaceX, or at the beginning of its establishment, was to significantly reduce the cost of rocket launches.
Otherwise, there would not be a variety of recycling tests again and again. Even if there are failures, they still continue.
One of the biggest benefits of complete success is that in addition to being able to repeatedly use the rocket multiple reflections, it has achieved a significant reduction of more than 90% in the launch cost.
It also means that SpaceX will truly become a unicorn company in this field in the world.
It definitely has a strong price competitive advantage, and it is not a dream to achieve a monopoly on commercial rocket launches. This is the reason why international investors are flocking to the market and are optimistic about the future.
The huge impact of this will not only destroy the commercial rocket launches of one country, but also the commercial rocket launches of many other countries.
Musk's character of daring to think and dare to do is not undone, and Tesla Motors is the best example today.
In the area of electric vehicles, Tesla has not only made a lot of money, but also has to significantly reduce prices to compete for a broader market.
Musk's philosophy is that in the future, selling cars is not for the purpose of making money, but for making money from other services. This includes in-vehicle software services.
In fact, this profit model is not new. Just like Japan's Sony and Nintendo, what they sell is not game consoles, but games.
Whether it is a PS series of game consoles or NS series game consoles, this is the case, and even sometimes, they are selling game consoles at a loss.
The company that can do the ultimate and eat at both ends is Apple. Not only does it sell phones at a high price, but it also sells more through the Apple Store.
Even if it's not your own product, you can make money through the sales or profit sharing that other companies have listed on the Apple Store. Apple is not only a big bully in this area, but it is also able to do it.
Hideki Ishihara noticed that Kentaro Miyamoto was thinking about something, so he asked pointedly, "Kentaro, what are you thinking?" ”
Kentaro Miyamoto didn't tell the truth, but just said thoughtfully: "I'm wondering if the Bank of Japan can make more efforts on the matter of releasing water."
Currency depreciation is not a bad thing for us. At the very least, it pushes up the price of the asset. We have a lot of assets in our hands, and there is no shortage of very high-quality assets. ”
Hideki Ishihara laughed and said, "Miyamoto Construction is the largest construction company in Japan, so I should have a lot of land in my hands!" It is not an exaggeration to say that your Miyamoto family is the largest landowner in Japan.
In addition to hoarding land, Miyamoto Construction should also have a lot of real estate development project plans in his hands. Nowadays, the price of real estate in Tokyo, especially in the prime areas, has risen considerably.
Not only that, but housing prices in central cities such as Yokohama, Osaka, and Nagoya are also rising. A good place to hedge assets is to invest in real estate. When the time comes, you Miyamoto Construction will inevitably make a lot of money. ”
Kentaro Miyamoto responded eloquently: "My statement is not just for our Miyamoto family, but to be able to achieve the interests of everyone.
Whether it is the Mitsui Group, the Mitsubishi Group, the Sumitomo Group, the Yasuda Group, etc., there are companies related to real estate. In addition, there are banks in each of them.
The depreciation of the currency caused by the massive over-issuance of money can trigger a herd effect and cause ordinary citizens to panic buy assets, that would be the best thing.
Naturally, they can't come up with the full amount of the house at once. At that time, they will definitely buy the house in the form of a mortgage through the bank.
Whether it's 35 years, or how many years, your bank will be able to release the excess deposits. Of course, we can't go back to the old path of the economic bubble of the 80s.
As long as it is properly controlled, then there are no problems. In the name of curbing inflation, the cash flowing from the private sector can be channeled back to the banks through continuous interest rate hikes, and on the other hand, the mortgage interest rate can be raised in this way.
Your bank will be able to make another profit from the mortgage slaves. If one of them can't afford to repay the loan, they will not wait for your bank to auction it, but will sell it to pay it off.
The house, as long as it is self-occupied, will not be sold if it does not go to the end of the mountain.
Even if the house slaves still have unpaid arrears, they are bad debts that the bank can fully accept and control. In short, I will make one, and each of you can make long. ”
Hideki Ishihara said straightly: "If you really make such a game, then ordinary Japanese people will suffer greatly."
Your trick not only makes decent money, but also is very ruthless, as if those people will be enslaved for generations, and even never come out and turn over.
Yasuda: What the three of them said earlier is more merciful than you. Right now, isn't the Fed playing something similar to what you're talking about? You're inspired by the Federal Reserve!
During the epidemic, it first released a large amount of water, or flooded it. As a result, in order to make a defense, central banks either followed the printing of money and released water, or raised interest rates sharply.
Or maybe it's a compromise and a combination of both. Especially since last year, the Federal Reserve has continued to raise interest rates in the name of curbing domestic inflation. Eventually, Sri Lanka was the first country to go bankrupt.
Subsequently, Lebanon's economy also collapsed. At this stage, the Fed has begun to raise interest rates again and again. If you borrow dollars, you will naturally have to repay them.
Loan interest is generally positioned as a floating interest rate. Once the interest rate is raised, then the amount of money repaid will also increase. , Argentina, Brazil and other countries are in a foreign exchange emergency, and a rescue is needed at any time.
This is how the United States exploits and plunders the wealth of the whole world, and you are sharpening your knife and trying to exploit and plunder the wealth of ordinary people in Japan. ”
Kentaro Miyamoto grinned and said, "I'm just talking." It's so easy to do this one.
I am alone, and it is impossible. Even if I did, I would be an accomplice at best. As for the main culprits, it's not you big chaebols. ”
(End of chapter)