Chapter 758 Short Selling the French Currency
Zhuge Wan'er came out of the Senator's Pavilion with one trillion dollars in satisfaction.
"Including grandpa's 500 billion, I have 150 billion! Hehe, Chen Mo, I will definitely pin you down this time! Just wait and see!" Zhuge Waner said with a confident smile.
This time, she wants to imitate Ross's Atomic Fund and short the currency of the Lanxi Empire.
There are three prerequisites for shorting a country's currency.
1. Short sellers have enough hard currency in their hands.
2. The country has a market economy and a completely free financial market.
3. The country’s own foreign exchange reserves are not rich enough, at least not as much as the quasi-hard currencies of short sellers.
It would be better if the country's economy develops rapidly and the bubble is relatively large.
The specific operation is also very simple. It is actually an exchange rate loophole in capital operation. Of course, this loophole must be an operation that can only be realized if you are extremely wealthy.
Zhuge Wan'er will first attract investment through the Lanxi Empire, and quietly infiltrate and sneak into the Lanxi Empire's finance, securities, banking, industrial and other industries from all aspects, and use means such as alliances, joint ventures, financing, and refinancing to get a large number of Yilan's Western currency is used as the formal capital, and the above-mentioned repayment method is signed (using Baguo currency and other currencies as the repayment currency, calculated according to the current exchange rate for repayment).
Then, they attacked the French currency from all aspects of finance, securities, banking, and industry, such as selling a large amount of the French currency, bonds, and stocks.
The continuous depreciation of the Lanxi currency will produce a domino effect under this strong impact - the Lanxi Empire and its surrounding countries, major groups, and the people of the Lanxi Empire and its surrounding countries. He also invested in selling French coins, French bonds, and all other securities that used French coins as the final means of payment.
Therefore, due to the insufficient reserves of the people's livelihood in the Lanxi Empire, the Lanxi currency continued to depreciate, making the Lanxi Empire's external procurement (mainly people's livelihood necessities such as rice, food, and clothes) passive. Who dares to sell things to you?
Today, 100 lanxi coins can be exchanged for 1 hegemonic currency. Tomorrow, it will cost 200 lanxi coins.
People's lives are in trouble, and under the huge pressure on people's livelihood, the Lanxi Empire will be forced to announce: devaluation of the Lanxi currency! ! !
In exchange for necessary livelihood supplies.
In this way, all the chess pieces that Zhuge Wan'er arranged began to repay the previous borrowings and loans with hegemonic currency.
What happens in this case?
For example, when borrowing money, Zhuge Wan'er needed 100 million Hegemon coins to repay the loan. Now that your Lanxi currency has depreciated 20 times, I only need 5 million Hegemon coins to pay off the debt!
The interest rate difference in the middle is the money Zhuge Wan'er earned from short selling!
The top players in the financial circle will eventually embark on the road of playing currency.
After Zhuge Wan'er sorted out her thoughts, she immediately began to contact the big bosses in the financial industry of the Lanxi Empire, preparing to start her own layout as an investor.
Of course, because it involves so many areas, it will naturally require help from members of the Zhuge family.
"How many days will it take to complete the layout of these industry chess pieces I want?" Zhuge Wan'er asked her subordinates.
"Returning to the eldest lady should be completed within three days. Our Zhuge family's connections and resources are all ready." Reported by the subordinates.
"Okay! In three days, the short selling operation will begin! This time, I will smash the head of the Lanxi Empire!!!" Zhuge Waner said with a confident smile.
at the same time.
It was less than two hours after Zhuge Wan'er started the layout.
The top brass of the Vincent family received information from the "children" of Daxia.
"Huh? The Zhuge family, with a huge capital of 150 billion, wants to short the currency of our Lanxi Empire?"
Horsis, the great elder of the Vincent family, couldn't help but grinned when he saw this piece of information.
Without the intelligence of the "children", under the impact of such a huge amount of money, perhaps the currency of the Lanxi Empire might really be shorted.
It's a pity that the Lanxi Empire has the Vincent family and "children" who have been active in the financial industry since ancient times!
Holsis tapped the chair handle lightly, thinking silently.
What short sellers fear most is that the currency of the target country insists on not depreciating.
Because the interest on borrowing is very, very high, once the other country's people's livelihood reserves are sufficient, the currency will be strong. In the end, short sellers will lose all their money!
"Great Elder, what should we do?" a senior member of the Vincent family asked.
The Vincent family is rooted in the Lanxi Empire, and 80% of its wealth comes from the Lanxi Empire.
Once the Lanxi currency is shorted, the Vansante family will also see its assets shrink significantly. Therefore, this is something that the Vansante family will never allow to happen!
Horsis smiled playfully and said: "Immediately contact all surrounding countries, unite all people's livelihood reserve companies, and ask them to prepare sufficient reserves to withstand the financial crisis."
"At the same time, tell the imperial royal family that once they encounter currency short selling, no matter how many people die, they must insist on not depreciating for one month!"
"Zhuge family? 1500 billion? I will make it impossible for you to come back! I will make all 1500 billion sink in the Lanxi Empire!!!"
When you stare into the abyss, the abyss stares into you.
When Zhuge Wan'er wanted to short the Lanxi currency with 1.5 trillion, little did she know that the Vansante family of the Lanxi Empire was already thinking about her 1.5 trillion.
Once she really starts spending money and taking action in three days, she will be completely trapped in the whirlpool and unable to extricate herself!
The other side.
Chen Mo also started his own actions.
He didn't dare to buy grain in large quantities in the country, as that would alarm the enemy.
At this time, Chen Mo set his sights on the surrounding grain-producing countries in the Eastern Continent—the Monkey Kingdom and the Wooly Bear Kingdom.
In 2001, the grain output of the two countries, the Wooly Bear Country and the Divine Monkey Country, was twice as high as that of Daxia!
The Bear Country is vast and sparsely populated and does not consume much food, so most of the food will be sold.
The Monkey Kingdom is different. Because of its large population, the demand for food is terrible, so the amount of food stored is also very large.
The price war between the four major grain merchants cannot last forever.
Because once it lasts too long, the food supplies of various countries will mature, and their basic bases will also fall.
Therefore, Chen Mo believes that as long as he can get one month's food support from these two countries, or even more countries, he can be invincible in this food price war!
"But my 1300 billion doesn't seem to be enough..."
Chen Mo frowned.
Even just to purchase grain, this money is not enough!
Even if he barely resists the attack of the four major grains, Chen Mo will face astronomical debts after the grain war, and may even go to jail for this!
After thinking about it, Chen Mo picked up his phone and dialed a number.
"Hey, who is it?"
"It's me, Chen Mo."
At this time, Zhuge Wan'er had completed the basic investment layout in the Lanxi Empire and was preparing to start swindling out large amounts of Lanxi coins with huge sums of money.
At this time, Chen Mo suddenly called.
This made Zhuge Wan'er very puzzled.
"Chen Mo? Are you looking for me...for something?" Zhuge Wan'er asked doubtfully.
"Well, I do have something to ask you."
"Hey, the majestic White Dragon King actually used the word 'begging'! For the sake of your being so humble, tell me, what do you want from me?"
"I want to borrow the 150 billion you have!"
