The Weapon Tycoon Who Traveled to Great Qin

Chapter 1785: Too short-sighted

"Today's market is really scary, it has risen so much all of a sudden." A trader in the Qin State Exchange said excitedly.

"Oh my God, 21%. Never before." The trader who was drinking tea shook his head and said.

"Yes. It's terrible." Another trader wearing a vest said incredulously. His face showed exhaustion after excitement.

"What caused the crazy rise today?" the trader drinking tea asked.

"I don't know." The vest trader shook his head and said.

"Hi. Have you heard?" At this moment, a trader quickly ran in and called out loudly.

"What's the matter. Dude." The vest trader quickly inquired about the news.

"The prime minister announced a RRR cut and interest rate cut. One percentage point. My goodness." The trader called out loudly.

"Oh." Everyone looked at the person who posted the news in surprise.

"Perhaps this can explain why the stock market is soaring today." The tea-drinking trader knocked out the tea in his hands in surprise.

"Yes. It must be for this reason. I am afraid that there is no reason why Qin's stock market can rise by one percent." Another trader explained.

"There is another news. Have you heard of it?" the trader who released the news said excitedly.

"What? Say it quickly." The vest trader asked quickly.

"Boy speculator, I lost 10 million gold in losses today. Oh my god." The trader who posted the news said incredulously.

"Really?" Everyone looked at the trader who released the news in surprise.

"Is it true? That news, there is a sense of speculation like a genius, every time you trade, it seems that someone has explained to him. This kid is too powerful." The vest trader said incredulously.

"Listen, I listened to what the banker said. I can assure you of this news. It's absolutely true, true and reliable." The trader who released the news looked at everyone and said.

"Really?" Everyone said in disbelief.

"Well, I know you don't believe it, but such a big volatility in the market will definitely appear in the newspapers. We can just read the news papers later." The trader who released the news looked at the crowd and said Ou. It seems, you don’t believe it, do you? Well, we just wait for the news in the newspaper to confirm.

And upstairs on the trading floor. Li Wen. The speculative kid was sitting on the sofa with a pale face. He looked at the trading board without saying a word.

"Damn it. Why did the prime minister cut interest rates so much?" Li Wen said incredulously.

"Sir." The assistant on the side looked at Li Wen embarrassedly.

"Don't worry. We are only temporarily losing. Isn't it that more than half of my funds are gone? I will make it back." Li Wen said with a distressed expression at this time.

"Yes, sir." The assistant nodded and said.

Shangwen's rate cut is unprecedented. Cut interest rates by one percentage point all at once. The interest rate of Qin State Bank suddenly dropped to a position of 1.25%. The previous rate cuts have never been so terrible. Coupled with the positive response from the market. Because many economists believe that Qin's economic growth will accelerate in the future. So the market reacted strongly.

but. Li Wen. But think that there will be a small-scale decline, and then the market can fall rapidly. Maybe it's because of too much work. Perhaps the self-confidence is too strong. He even went short at once when the market was clear. As a result, he suffered heavy losses. But this time his reaction was not strong. It is the bankers of Qin State who are really strong. Their behavior is very radical.

"Damn it, is the prime minister crazy?" the bankers gathered together to discuss.

"Suddenly reducing so much, we will be able to lend a lot of projects." Bankers complained one after another.

"Maybe the prime minister is dissatisfied with our behavior." a young banker guessed.

"Who knows, the prime minister will do this. In this way, the cost of loans will be greatly reduced, and we will have less and less capital deposits. The cost of absorbing deposits will be higher and higher. I really don't know what the prime minister will think. ?" The bankers gathered together to discuss. In their opinion, Shangwen's move was very crazy.

"No, we gather together and we can appeal to our wishes through the Federal Party. If the prime minister drops like this, I think we must take measures." Other bankers said.

"Oh. My goodness. What else are you talking about?" an old banker said while looking at each other.

"Let me say that if the prime minister continues to cut interest rates, how bad will our situation be," said the banker who spoke.

"It's impossible. If we go down again, we won't be able to make any money." At this point, other bankers shook their heads. Although some of them were worried about their careers, some were worried about interest rates. What kind of situation will the reduction of Borrowing costs will get lower and lower. There will be more and more borrowers, and funds will be tight. Many people will borrow money to do business. Who should they give the money to. How to recover funds. These are all issues they have to consider.

Inside the prime minister's house. Shang Wen looked at the report.

"You're crazy. You lowered so much all at once." Meng Yi said to Shang Wen over a cup of tea.

"It's not going to be crazy," Shang Wen said, shaking his head.

"Are you going to have a drink?" Meng Yi said to Shang Wen at this time.

"No. I don't want to drink tea." Shang Wen said to Meng Yi.

"For these bankers, we have to be cruel. In fact, I am good to them. If the real economy continues to slump, who will bear it. No one." Shang Wen said to Meng Yi.

"Therefore, all we need to do is to force them to do this, lend money, and speed up the investment process." Shang Wen said to Meng Yi.

"However, I am worried that the Federal Party will take measures." Meng Yi said to Shang Wen.

"Ting bell." At this moment the phone rang.

"What's the matter?" Meng Yi answered the phone and asked.

"Good. Good. I understand." Meng Yi nodded. Then hang up.

"What's the matter?" Shang Wen asked.

"My lord, let us go into the palace and explain the reason for the rate cut, because this rate cut is really too powerful." Meng Yi said.

"Okay." Shang Wen nodded. Then got up.

At the Federal Party meeting, the bankers asked the Federal Party to respond. However, the representatives of the military industry and the industrialists who provided them all expressed opposition, or they did not vote. In their opinion, these guys at the bank are too greedy. Lowering interest rates is good for them.

"The benefits of Qin State Bank's rate cut are manifold." Shang Wen said to King Qin.

"Qin's current accumulation of funds is really too much. And we currently need Qin's banks to stimulate the development of Qin's real economy." Shang Wen explained to King Qin.

"Qin's trading company needs capital, and city banks in various states also need capital to enter. However, the banks are holding the funds in their hands for sale. Recently, there have been many things especially in Korea. Trading companies, they need a lot of funds, they are willing to pledge their company shares to our bank, but our bank has not agreed. They have a lot of capital in their hands, but they don’t lend to them. Such behavior is for us, It's too hard to accept." Shang Wen said.

"For this reason, many companies are unable to move an inch. In Zhao country, this situation is also happening. For us, it is a serious fact. Qin country now needs capital in all aspects. Trading companies need a lot of capital, although at the beginning Their start-up funds can be partially resolved, but with the beginning of the war, we need to continue to carry out financial support. But the bank is holding the funds. Therefore, I did this and cut interest rates on a large scale. To the bank One step off the horse, and then further solve this problem." Shang Wen said.

"Widow believes that this bank is not long-term enough." After listening to Shangwen's explanation, King Qin suddenly understood Shangwen's meaning. Shangwen means that the current trend is not to rely on quality, that is, every order must make money, but to rely on quantity and a large amount of loans to form an effective supply. Because the demand market is extremely large. The supply is relatively small. Faced with such a situation, Qin's capital chain will soon have problems. Therefore Shangwen wants to expand the supply of funds. Supply a large amount of capital to the market. However, Qin Guo's bank practices were extremely conservative, and he was unwilling to provide such a large amount of funds. When there was no alternative, Shangwen had to lower the RRR first. And if it does so, Qin can continue to lend money through its quantitative advantages. Expand the influence of banks. Moreover, such loans from banks will stimulate expansion, and Qin can continue to expand Qin's influence through other enterprises. The most important thing is that Shangwen's kind of crisis triggered by overheated investment, and then through bank collections to achieve the purpose of affecting other industries, but the bankers' vision is not long enough. This is very disappointing to King Qin.

"I think these bankers are too short-sighted. If they make long-term loans to achieve active investment, they can recover the funds in their hands when the funds are broken, and they can achieve any purpose of their acquisition. But under these circumstances, They didn't even do anything. They didn't move forward. The widow was very disappointed." King Qin also said with some annoyance.

"My lord, the minister is worried that the Federal Party will take the initiative to attack the Democratic Party." Meng Yi said worriedly.

"Why?" King Qin asked at this time.

"Because there are a large number of bankers in the Federal Party." Meng Yi said.

"Humph." King Qin snorted angrily.

"I don't think there is any concern about this matter. Maybe the Federal Party is splitting up." Shang Wen said to Meng Yi with a smile.