Chapter 429 Secretly assassinating Chen Cang(1/2)
Author: quiet thoughts
When mentioning the appreciation of the yen, Ichiro Watanabe and Takashi Yanagiya looked at each other, and then the former sighed with some ambiguity.
"After all, there is nothing we can do about it, business will continue.
Moreover, Neon’s international status now indeed needs a strong Japanese yen to support it.”
Ichiro Watanabe's attitude can be said to be the attitude of most Japanese people, or the attitude of most entrepreneurs and government agency personnel.
In the past two years, especially this year, with the holding of the World Expo, the people of Neon are very proud.
Not only ordinary people are proud of their country, but social elites and upper classes represented by Ichiro Watanabe also think the same way.
What's more, because they stand high enough, when they look at the United States, they have a vague sense of condescension.
I have to say that the entire Xiaoli life has really expanded.
But while they were expanding, they still had some fear in their hearts.
They are worried that neon will take away business from all over the world, and the trade deficit in the United States will become larger and larger. In the end, neon will be blamed.
In addition, these 8 billion US dollars will be dispersed into thousands of accounts around the world in batches. Some will only be spread to tens of thousands of dollars, and most will only be hundreds of thousands of dollars.
And after all, it’s just a small play, not a big gamble, so it shouldn’t be difficult for everyone to make the decision.
Therefore, in order not to annoy the Americans, the Neon people feel that it is necessary to let the yen appreciate a little to maintain mutual business.
From the time I opened my eyes to see the world in 1978 to now in 1985, it has been a total of 8 years.
As one of the few top financial institutions, they all have considerable foreign exchange reserves.
"Let's act together?" Ichiro Watanabe and Takashi Yanagiya looked at each other.
They know that the yen is going to appreciate, but that is the wish of the U.S. government and the neon government.
Under this extremely complex and contradictory mentality, most people in Neon have a subtle attitude towards the appreciation of the yen.
This is true for banks in most countries. At critical moments, these foreign exchanges will become strong foreign aid for the government.
In short, in the eyes of Neon people, the appreciation of the yen is Japan's need to enhance its international status, and by the way, it also takes care of the emotions and interests of the United States.
He knew that the United States, Neon, and Europe were discussing exchange rates, but market matters were never so absolute, so it was better to be cautious.
For example, if the U.S. dollar is to depreciate and the U.S. bonds in your hand are to be sold, and the Japanese yen exchange rate is to rise, should you go to the foreign exchange market to make a small fortune?
"Ahem~" Ichiro Watanabe loosened his tie, "There are indeed some preparations to be made. After all, the First Financial Bank also has some foreign exchange reserves."
"Hai, all the funds in all accounts have been deposited." Yu Arai, standing behind him, nodded with a very solemn expression.
So Bai Chuanfeng could only convince him by trusting the government.
In a sense, it can be regarded as a kind of "incredibly wealthy country".
At this point, Bai Chuanfeng is even darker than those black-hearted capitalists. Of course, the probability of this happening is very small.
However, whether it can appreciate in value depends on the game between the government and the foreign exchange market, that is, with speculators.
Brother, please have tea.
The wealth Shirakawa Kaede has accumulated in the past few years is approximately US$6.5 billion, which is also all the profits of Shirakawa Holdings.
After the turn of the millennium, the daily trading volume of the foreign exchange market reached seven to eight trillion US dollars.
And the foreign exchange market in 1985 was much smaller than in later generations.
"clear!"
He is proud of his own progress and rising international status, but at the same time he also looks down on the United States.
But this does not hinder Bai Chuanfeng's desire to make a fortune from this feast. It is even easier to do things without the attention of the government.
"Exchange rate, currency market." Bai Chuanfeng said these two words calmly.
"How prepared are Daiichi Bank and Nomura Securities for this appreciation of the yen?"
It is still divided into parts, otherwise it would be difficult for such a huge amount of money not to attract attention.
"Of course, the same is true for Beidu Bank." Bai Chuanfeng expressed his understanding of their rhetoric.
No matter how you leave yourself some foundation, even if something unexpected happens, US$2 billion can still make a big difference in this era.
No matter what happens, it should be okay to spend some money to play in the foreign exchange market.
"Are we ready here?"
This is a mutually reinforcing relationship, but the current Beidu Bank is not big enough and has not received special attention from the government.
Not all of Beidu Bank's US$3.5 billion is its own money. Most of it is depositors' funds, and a small part is money borrowed from other banks.
Bai Chuanfeng talks a lot about collective consciousness, and Xiaoli attaches great importance to this point.
But he is here to talk business today, not to gossip about the complicated relationship between Japan and the United States.
That attentive look made Ichiro Watanabe feel a little elated and Takashi Yanagiya a little disgusted.
Of the US$8 billion, Shirakawa Holdings provided US$4.5 billion, and the remaining US$3.5 billion was Hokuto Bank's money.
"That's right, we will all rely on Watanabe-san from now on." Bai Chuanfeng personally added some tea to the other party.
What should I do if I lose money? The worst case scenario is that I'll go bankrupt. I've bowed and apologized, what else do you want?
Our opponents are speculative institutions from all over the world, and people’s hearts are complicated and difficult to fathom.”
“That’s right, the greatest strength lies in maintaining consistency of actions and uniting together.
Therefore, Shirakawa Kaede thought about it again and again and finally gave up on such a plan.
Look, everyone in Neon was very conflicted at this time.
Therefore, the depreciation of the US dollar and the appreciation of the yen are not a sure thing. It depends on the final outcome of the game between the two parties.
Mentioning preparations for the appreciation of the yen, Watanabe Ichiro immediately pulled away from the complicated thoughts just now.
Moreover, the money in Beidu Bank will not be moved for the time being. Only until the beginning of that day will the funds flow into bank accounts around the world.
In the financial field, Bai Chuanfeng is a bit shorter than others.
What else do you mean? Don't tell me that as Neon's largest bank and financial institution, you are not at all prepared for the possible impact of the appreciation of the yen.
Therefore, foreign exchange investment risks are very high. Those speculators come from all over the world and they have no regard for the wishes of the United States and the neon government.
Therefore, there is not much that First Bank can use here, and it is considered a temporary speculation at best."
Of course, Shirakawa Kaede didn't favor one over the other. Nomura Securities also took good care of them and made both of them very happy.
Takashi Yanagiya from Nomura Securities did not object. It was normal to form a group for temporary speculation.
Most of Shirakawa Kaede's funds have been dispersed to major banks around the world.
"That's okay. After all, there is strength in numbers." Ichiro Watanabe said it was feasible. We are all acquaintances and should stand together.
Look, the head of the Shirakawa Zaibatsu personally serves tea and water, that's a lot of face.
"What does Shirakawa-san mean?"
It wasn't until they were sent away that Bai Chuanfeng rested his hands on his hips and breathed a sigh of relief.
Therefore, Shirakawa Kaede was not surprised by Ichiro Watanabe's answer.
The purpose is also to deceive others, making it easier to secretly visit Chen Cang, and then inquire about the information.
"In that case, then it will all be up to Watanabe-san's orders." Bai Chuanfeng said very straightforwardly and persuaded Yin to become the boss.
After all, it is the most widely circulated currency in the world, and all countries recognize the US dollar.
Thanks to last year's financial liberalization, Neon's foreign exchange controls are now very loose.
“After all, there is no absolute supervision in the foreign exchange market, and there are too many uncontrollable factors.
"Ahem~" Ichiro Watanabe nodded reservedly, "Thanks to the respect of both of you, I still have some experience in foreign exchange. I will not let you suffer any losses this time."
"The same goes for Nomura."
As for which foreign exchange currencies can be used as risk-averse currencies, of course it is the U.S. dollar.
Conversely, if a bank is in crisis, the government will try to help it to ensure its survival as much as possible.
Who wants someone to have a strong foundation? Besides, this is not the main battlefield, so it doesn’t hurt to give the other side a thumbs up.
Eight billion US dollars, what was this concept in 1985?
Across the sea, Shirakawa Kaede's hometown, the entire China's foreign exchange reserves at this time were US$8.2 billion.
To put it bluntly, the shareholders' money is not used very much, but other people's money is used.
Although he knew that the appreciation of the yen and the depreciation of the US dollar under the Plaza Accord were certain, he was also afraid of unexpected changes caused by the flapping of his butterfly wings.
After all, it is depositors' money, and Shirakawa Kaede wants to shorten the period of Beidu Bank's capital shortage as much as possible.
This is not at all like what an entrepreneur should do. However, he tried to persuade him, but Shirakawa Kaede made him believe in the power of the government.
On the one hand, it is to offset risks, and on the other hand, it is entrusted by the government.
Since the foreign exchange market is uncontrollable and everyone is more cautious, let's just do it together.
To be continued...