"Such news. It will definitely surprise the people of Qin." The financial reporter said to himself at this time. In his opinion, such news was too shocking. But this kind of news still needs to be confirmed, because it is very important, so it is necessary to confirm this kind of news. If such news is reported without any evidence, then when such news is reported, it will be subject to a lot of public doubts. Only with real evidence can such news be released quickly.

"Our stock market prospects are very bad. Prime Minister." Xiao He said with a telegram. Xiao He thinks he should return to Qin State immediately, because Qin State's bank stocks there have fallen a lot. Their urgent need caused the Qin State market to quickly turn over.

Therefore, the domestic bank executives immediately sent a telegram requesting Xiao He to return to Qin State quickly to solve the problem of stock price decline.

"Oh, my God, what's going on?" Meng Yi looked at the telegram in surprise, which said that the Qin State stock market had fallen sharply. The decline exceeded an unprecedented 10%, which was unprecedented. Such a sharp drop in the stock market occurred during his tenure, and this was a real blow to Meng Yi.

"Bank stocks drove all the declines." Xiao He explained.

"What?" Meng Yi asked, opening his hands to look at each other. It seems to be saying, what, don’t know what it means, can you explain it?

"The comments in the market say this. They heard the news here. They think that Qin's help in issuing bonds will quickly impact Qin's capital market. In this way, it will be pumped like a water pump. Qian Qin's capital funds. This is very unfavorable for Qin." Xiao He said at this time.

"En." Meng Yi nodded at this time.

"This is indeed the case. When a large amount of bonds enter the State of Qin at once, a large amount of funds will be exchanged for bonds, so that the funds will flow into the six countries, and this story will remain in the State of Qin." Meng Yi said at this time.

"Very correct, Prime Minister." Xiao He said.

"En. Do you have any way to solve this problem?" Meng Yi asked next.

"En. This question." Xiao He said embarrassedly at this time.

"I think. The only way is to start from the bank." Xiao He said at this time.

"On the bank?" Meng Yi asked.

"Yes." Xiao He said at this time.

"Qin must start from the bank. Let Qin Bank free up more funds and let these funds flow into the market. It is like saying that it is now a pool. This pool has been released more than half of the water. Issuing. The bond is to pump out more than half of the water in the pool. If we do not inject water, the water will gradually disappear, and finally there will be no water in the pool. Now, the bank is a pump for injecting water. We must turn on the pump. Put the water in and refill the pool." Xiao He explained.

"En. I understand. You mean, let us release more water from the bank into the market, right?" Meng Yi asked.

"Yes. That's what it means." Xiao He nodded.

"How to do it?" Meng Yi asked.

"Lower interest rates, lower RRR," Xiao He said at this time.

"Interest rate cut? RRR cut?" Meng Yi asked at this time.

"Yes." Xiao He nodded.

"Only in this way, only in this way, can this matter be resolved quickly." Xiao He said at this time.

"Well, I understand." Meng Yi nodded.

In fact, Xiao He had already had such a plan before receiving such a telegram, especially when Meng Yi accepted his opinion and issued more bonds for financing. Xiao He already felt it. I am afraid that the funds on the Qin State Capital Market are already difficult to guarantee. It can be said that in the past, Qin had sufficient funds to ensure its own development, and these sufficient funds could be circulated abroad, but now, if so many bonds are rushed into the country, Qin’s bond market will be destroyed. It’s overwhelming, that is to say, the long-term supply exceeds the demand, and it turns upside down one by one. And suddenly it entered a state of imbalance, such an imbalanced state, will make Qin State's capital market form a violent turbulence. For example, this is the case pointed out in the telegram.

"Huh." Meng Yi paused, thinking about this problem.

"Can this problem be solved by doing this?" Meng Yi asked at this time.

"Yes." Xiao He replied very simply.

"En. How much do you think is more appropriate for the situation in the Qin State market?" Meng Yi then asked.

"Well, I personally think that it should be reduced by one percentage point. This one percentage point is enough for the market to recover." Xiao He said.

"En. Then we will reduce it by one percentage point." Meng Yi decided after thinking about it. Meng Yi thought so.

Qin's upcoming bond is too big. Meng Yi thought about it seriously. State of Zhao, State of Yan. In addition, the number of bonds of South Korea and Qi must exceed the number of bonds issued by Qin, and the markets of various countries have not yet been opened at this time. In this situation. Qin must stabilize the situation in his own capital market. Obviously, this is the best way to release more funds from the bank.

"No. Prime Minister. We can't do this." Xiao He waved his hand at this time.

"What?" Meng Yi looked at Xiao He strangely.

"Didn't you say that you want to lower the interest rate? Why is it not allowed now. How can this be done. I don't understand what you mean now." Meng Yi shook his head and said.

"No, no. I didn't mean that." Xiao He explained immediately.

"What I mean is that we can't reduce one percentage point all at once. In this case, it will cause very strong market fluctuations, and such fluctuations will create a very strong speculative environment. If this continues, Qin's market fluctuations will still exist. And it will cause great ups and downs in the capital market of Qin State. At present, the capital market of Qin State needs stability and stability. It is more important than ever." Xiao He explained at this time.

"En." Meng Yi nodded at this time.

"What do you think?" Meng Yi asked at this time.

"First reduce by 0.5%, and then after a period of time, then reduce by 0.5%. Then if necessary, it can be reduced by 0.5%. If it is reduced by 1% all at once, the market will be violent. The volatility. Such volatility is not good for the stability of the market." Xiao He said.

Xiao He clearly realized. What Qin needs is stability, not violent fluctuations. If it drops by one percentage point all at once, it will cause the market to rise sharply after a sharp decline. Such violent fluctuations are obviously not very good for stabilizing the capital market. This approach is to increase speculation and reduce the stability of investment. In that case, market volatility will bring harm, and huge volatility will greatly help speculation but not investment. The issuance of bonds requires a stable investment capital market. The violent fluctuations will cause great harm to investment, because the safety of capital has been seriously damaged under such circumstances. What Qin needs is a stable market for capital, not a speculative market environment with ups and downs.

After serious consideration, Xiao He put forward his own view, that is, to quickly change the strategy. If the interest rate cut can be put into the market in two ways, it will effectively alleviate the violent fluctuations.

"Why do you want to do this? Couldn't we lower it all at once?" Meng Yi asked puzzledly.

"If this is done, the capital market will become a highly volatile market. The greater the volatility, the more speculative. Such a market is not conducive to investment. At present, the prime minister wants to issue large bonds. If these bonds are violently speculated, it will be of no benefit to anyone. On the one hand, Qin State cannot sell these bonds, and on the other hand, countries cannot get money quickly. Because of the violent fluctuations, great fluctuations will be formed. Speculative, our bonds may fall into our own hands. At that time, we have to sell at a very low price. This is too bad for us. If the volatility stabilizes at this time and we stabilize the market, then investment , Stable investment will enter this bond, and speculation will decrease." Xiao He said.

"En. I understand." Meng Yi nodded at this time.

"Your financial achievements are more sober than all the financial professionals I like. You are more flexible in your way of thinking. You are really good." Meng Yi praised the other party.

"Thank you, the prime minister. This is what I should do, I don't think there is much. I am just familiar with this business." Xiao He said modestly at this time.

"No, no, no. You are very good in this business. Really, don't be humble, you should accept such a title. Really." Meng Yi clapped his hands and said.

"I will do what you said, order, and I will issue it as soon as possible. This is good for us." Meng Yi continued.

"Then thank the Prime Minister very much." Xiao He said thankfully at this time.

"Boom." At this moment, there was a knock on the door.

"Then, Prime Minister, I will return to Qin first. If you need my help, you can send me a telegram." Xiao He said at this time.

"Okay, I will have a lot of questions to ask you." Meng Yi said at this time.

"En. Very good. I will." Meng Yi said at this time.

"Farewell." Xiao He nodded and left at this time.

"Come in." Meng Yi said.

After the assistant came in, he nodded to Xiao He. Then walked to Meng Yi.

"Wang's long-distance call. You are required to talk directly with Wang. It seems to be a very urgent matter." The assistant said.