I Have a Mansion in the Post-apocalyptic World Chapter 976: The dark battle without smoke
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"... Since then, the new country will stop using foreign currencies to settle space-related trade, and the SGD will be the only currency for space resource transactions."
When this sentence was spoken by Secretary of State Kerry in the conference room of the White House in the United States, the entire conference room was quiet.
Somewhat uncomfortable with countless eyes, Kerry removed the document and shrugged, "I'm done."
The atmosphere in the meeting room is relaxed, as if receiving a certain signal, the whispering sound gradually amplifies.
Kerry loosed his breath and sat back on the chair, throwing the document aside, reaching for his sour eyebrows and gazing in the direction of Hillary and the Speaker of Congress. It stands to reason that such a meeting of the White House nature will not invite people from the Congress to participate, especially the House Speaker Paul Ryan is also a Republican.
But now I do n’t care so much.
Hillary and the chief of staff frowned, the Minister of Commerce had picked up the tea cup for the tenth time and the Minister of the Interior looked at the ceiling thoughtfully. Experts and consultants on economic issues looked at each other and whispered their opinions, but it was clear that they did not have a clear idea. If they had an idea, they had already proposed it. After all, commenting is their only use in such meetings.
This situation lasted for ten minutes, and finally an official broke the silence.
"I do n’t understand the reason why they do this. The US dollar is an international currency. If the US dollar is used for settlement, it will make many inconvenient things more convenient!"
"Obviously they are to save the crumbling SGD." An economics expert from Harvard University said.
"No, maybe they have greater ambitions ..." Stanford University's international relations experts said, "Just a few days ago, we all thought they were crazy to buy back SGD in the foreign exchange market, but it was just They want to remedy their failures in decision-making. Unexpectedly, all these are set by them. "
A member of Congress of the Democratic Party leaned on the chair and sneered contemptuously.
"I think we are thinking too much. How big is the entire space resource development market? It will only cost hundreds of billions if it is suffocated."
"Yes. Our core interests are still on the planet. No matter how many resources they develop in space, they are ultimately going to be circulated in the international market. The US dollar still has undisputed influence, just relying on a space elevator To challenge the status of the US dollar is simply a dream. "
"It ’s just that an asteroid has been captured, and not to mention that the asteroid has not yet been fully developed, that is, it has been fully developed, which is only worth hundreds of billions of dollars. The number of dollars in the world is more than 90 trillion. , The value of the two is not on the same order of magnitude at all. "
"Unless, they can prove the profitability of the space elevator."
"..."
The argument lasted for a while, and as Hillary cleared her throat, she calmed down.
Hilary said when everyone in the room looked at herself.
"I have just exchanged views with the Speaker of the House of Representatives. We agreed that it is necessary to send the Secretary of State to pay a diplomatic visit to the new country. Expanding the application of the US dollar is one of our diplomatic strategic priorities. The US dollar is an international currency. It is also the philosophy that we have been committed to for decades. "
"At least, the US dollar and SGD dual-track settlement is used. After all, the US dollar also has a certain circulation in the new country. We must remind them of this."
Secretary of State Kerry turned the pen in his hand and spread his hands slightly on the table.
"What about Europe? Recently on the European side ..."
Hilary looked at him and said.
"I know that everything has a priority."
"The European Union is our ally, so you go to Europe first, and on your way back, go to the new country."
Hilary bites the keyword "Shun Lu" very hard.
Kerry Heart nodded.
It is important to persuade Xinghuan Trading to relax the restrictions on the US dollar during the settlement of space resources, but it cannot allow Xinghuan Trading to take itself too seriously.
......
After the establishment of SGD as the only settlement currency for space trade in Xinghuan Trading, the SGD exchange rate market experienced quite strange fluctuations, just like most stocks bottomed out, rebounding to the original exchange rate at an incredible speed .
Although there are many thoughts on this measure of Xinghuan Trading, the central banks of all countries have made the same move, which is to increase the holding of SGD.
If SGD is the only currency in outer space trade, then SGD has a rigid demand for this country in order to develop its own aerospace industry with the help of space elevators. Considering that other countries also have similar needs, the SGD has the expectation of appreciation, so the central banks of various countries will make basically the same decisions after discussion.
That is, buy SGD from the foreign exchange market with your own currency.
Under the influence of these external factors, it naturally promoted the appreciation of the Singapore dollar.
As early as the exchange rate of the Singapore dollar fell to the bottom, Jiang Chen purchased a total of S $ 943.1 billion from the New Federal Reserve in batches of foreign exchange assets with a total value of US $ 212.7 billion. Now, the exchange rate between the Singapore dollar and the US dollar is almost the same.
That is to say, in this turmoil of printing money, Jiang Chen more than quadrupled the funds of 212.7 billion US dollars held by Future Group and Xinghuan Trading by left-handed and right-handed. Equivalent to 943.4 billion US dollars of funds.
The reason why you can jump up and down like a seesaw is because the circulation of SGD is relatively small. If you change to other countries' currencies, such a large fluctuation is almost impossible unless it is hit by a financial tsunami.
"I have to say that financial instruments are simply artifacts of wealth."
When Xia Shiyu put a financial report on Jiang Chen's desk, Jiang Chen expressed such emotion.
Even for the Future Group, which has grown to the present level, $ 9431 billion is definitely an astronomical figure. Although the money is all in SGD, it is foreseeable that the exchange rate of SGD will be very strong for a long time in the future, so there will be no difference.
A large-scale banknote printing resolution, a long-awaited currency regulation rule for the settlement of outer space resources, and just these two paper documents have caused the Future Group to squeeze more than 700 billion dollars in the foreign exchange market. In just one month, an apple company changed out of thin air.
"The U.S. fiscal revenue is only 5 trillion dollars a year. Even for the national level, these more than 900 billion dollars are not a small number," Xia Shiyu sat on a chair from the side. Opposite Jiang Chen, with his chin on his hand, he looked at the expression on Jiang Chen's face and smiled, "How are you going to deal with it?"
The financial market is a zero-sum game.
It does not create any value itself, and if someone makes a profit, then it necessarily means that someone is making a loss. These more than 700 billion U.S. dollars did not come out of thin air, but the Future Group took advantage of the news surface and hit the Fed and Wall Street predators who manipulated the foreign exchange market by surprise.
It's hard to imagine that they will not find this place.
"Their method is nothing more than to snipe the SGD in the foreign exchange market, to suppress the SGD exchange rate by shorting the SGD, so that the banknotes we bought at a low price will rot in our hands and destroy the economy of the new country. Jiang Chen leaned back in his chair and said with a smile.
Xia Shiyu gave Jiang Chen a surprise look.
"Are you surprised?" Jiang Chen was keenly aware of the accident in her eyes, and smiled, "Anyway, I also charged myself a lot."
Although this financial battle has nothing to do with him, he is all directed by the professional financial team of Future Bank. These theories were also told by David Smith.
"Less stinky," Xia Shiyu glanced at Jiang Chen and got up from his chair. "Tomorrow the long-distance power transmission device of the moon colony will start. Are you sure that the laser beam will not poke the earth into a hole?"
Jiang Chen spread his hands, helplessly said.
"How many times have I told you, even if it is shot on Earth ’s face, it will not shoot through its ozone layer." (To be continued.)