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Chapter 1008 No one believes the truth

"Brother-in-law, just tell us something to open our eyes." Over there, Han Jing and several other young people also came over, wanting to hear what Ye Kai had to say and whether he could follow suit.

Are these old men talking together?

The crowd immediately started to stir up excitement, and two groups of people formed one group.

If it were free time, people like Han Jing and others would have no say at all.

It was because Ye Kai was here tonight and was talking to these elders that Han Jing and the others came over with a shy face and interjected a few words. Otherwise, there would have been no room for them to talk.

.

Ye Kai looked at them, smiled and shook his head, but decided to say a few words to save them from thinking about it.

In fact, at Ye Kai's current level, although it is not that his words are easy to follow or his words are a prophecy, but with his identity, his level, his influence, and his influence on the overall economic trend,

Just a few words of judgment can make many people feel very weighty after listening to it.

"Since everyone wants to hear it, I'll just say a few words." Ye Kai pondered for a moment before saying, "Although I usually pay attention to the international futures market, I also have a lot of knowledge about the currency situation and financial industry of major countries.

Trends are also accompanied by some research."

After Han Jing heard this, he couldn't help but was shocked. He thought that the eldest brother-in-law was awesome. He was the mayor and had time to study these issues at the same time. It was really not something that ordinary people could do, let alone Second Young Master Ye.

In the yamen circles of the capital, there is also the reputation of a jade-faced little tiger, which means that he has a better reputation with women.

It is indeed rare for such a versatile person to be so young.

Regarding Ye Kai's advice to Chu Jingxuan, the one-billion-dollar war in the overseas market. The disciples in Beijing knew quite a lot about it, so they also admired and envied this Second Young Master Ye. Han Jing and others also

He had heard of it before, so he was so convinced. After all, no one had ever done such a thing.

For ordinary people, even if you are given a capital of one or two billion US dollars to play in overseas futures markets, you still have to have the courage.

That's the dragon's den and the tiger's den. If you don't do it right, you may lose in one day and even lose your pants.

"Financial liberalization improves the efficiency of financial markets in some aspects, but also reduces the efficiency of financial markets in other aspects." Ye Kai said, "The integration of financial markets, countless financial innovations, and the expansion of a large number of financial institutions

The emergence of financial markets has reduced the transparency of financial markets. Bank customers are faced with extremely complex derivatives and can only follow the bank's advice, thus reducing banks' enthusiasm for improving efficiency. In addition, the expansion of financial market capacity has brought opportunities to banks.

At the same time, it also reduces the pressure on banks to reduce costs and increase efficiency.”

In Ye Kai's view, financial liberalization has led to a significant decline in banks' motivation to commit to financial innovation.

Under the conditions of strict financial controls, financial institutions, especially commercial banks, are forced to continuously launch new financial products in order to circumvent financial controls and enhance their competitiveness.

Most obviously, financial liberalization has increased risks for customers and the financial industry itself.

The lifting of interest rate and exchange rate controls led to a sharp increase in market volatility. After the separation management system was lifted and commercial banks became omnipotent, commercial banks became involved in a large number of high-risk business areas and risk assets increased significantly.

“The reduction of barriers to capital flows and the increasing opening up of financial markets in various countries have accelerated the international flow of capital. Although theoretically speaking, smoother capital flows contribute to the optimal allocation of resources, under semi-perfect market conditions

, The impact of hot money can sometimes cause huge harm." When Ye Kai said this, he thought of the Southeast Asian financial crisis a few years later.

If it were not for the impact of financial liberalization, it is estimated that Southeast Asian countries would not have become cash machines for Soros and other hot money. After being swept away by these financial giants, they would not be able to recover from the dilapidated scene for several years.

.

Moreover, because bank customers are at a loss when faced with extremely complex derivatives, they can only follow the bank's advice, resulting in frequent bank employee fraud cases.

At the same time, under the conditions of intensified competition, in order to pursue efficiency, banks generally tend to ignore risks and pursue profits, relax customer review, customer default rates continue to rise, and bank fraud incidents are also common.

A few years later, the bankruptcy of several major financial institutions in the United States had a lot to do with the promotion of financial liberalization.

"It's still early days, so it seems that there are mostly positive effects, but after a few years, disadvantages will appear one after another, and you will have to pay for the current impulse." Ye Kai looked at the crowd and said slowly, "But this

It all depends on the matter. From a personal perspective, it is indeed easy to achieve political achievements now. As for who will pay the bill in a few years, it is the concept of dead Taoist friends rather than poor Taoists."

Although what Ye Kai said sounded uncomfortable, that's actually what happened.

It can be said that domestic officials have tried their best to achieve political achievements and get promoted. There is nothing they can't do. As for pursuing short-term benefits and not hesitate to borrow money for development, leaving a big hole for their successors to fill.

That's more, it can only be said to be very common.

It's just that if you want to do this in the financial field, the harm is indeed very great. Therefore, after hearing this, several people present had some sly expressions on their faces. They are all people who have been developing in the financial industry for a long time.

Naturally, it is impossible to pursue short-term effects in such a short-sighted manner.

If, as Ye Kai said, the promotion of financial liberalization is followed by such serious consequences, then what should be done domestically is worthy of careful consideration.

"What you said is a huge blow. At least a few of us will not be so short-sighted and pursue one-sided short-term benefits." After a while, Chu Yunsong shook his head and expressed.

"Yeah, we won't do that." Several other people also expressed their opinions.

Ye Kai nodded, knowing that they were telling the truth.

After all, these few of them have already achieved the ultimate in the domestic financial circle. If they want to take risks and promote financial liberalization, regardless of the future impact, and only focus on winning temporary fame, then they will not be able to reach their current position.

superior.

Some people need to climb up, so they need the support of short-term political achievements, but people like Chu Yunsong and others, who have taken root in this circle and will never be able to break out of this circle to develop, will not be so short-sighted.

"Brother-in-law, why don't you tell me how you taught my sister how to make a billion dollars?" Han Jing encouraged from the side.

As soon as he mentioned this topic, everyone immediately joined in, obviously very interested.

"This matter..." Ye Kai didn't have too many thoughts on this topic, so he said lightly, "Actually, this matter is a matter of luck. If you are lucky, you can make so much money.

of."

After everyone heard this, they all made a fuss and refused to comply.

Everyone knows very well that this is not a matter of luck at all. If you are not sure and have no strict plan, how can you make such accurate calculations and make so much money in a short period of time?

"Do you really want to say it?" Ye Kai looked a little reluctant.

"Brother-in-law, there are no outsiders here, what are you afraid of? Anyway, you have already made money." Han Jing said.

Although the elders didn't say anything, judging from the expressions in their eyes, they were obviously very concerned about this matter.

Ye Kai thought about it for a moment, and then replied seriously, "Actually, I can predict the future."

"Tch, elder brother-in-law, if you don't want to say it, just say it. Why would you make up such an unreliable reason to deal with us?" After hearing this, everyone suddenly became dissatisfied.

"Really, if you don't believe me when I tell the truth, then there is nothing I can do." Ye Kai spread his hands and said with a bitter smile.

Sometimes, telling the truth is really not easy to be accepted by others. Just like now, Ye Kai told the truth, but no one believes that he can really predict the future.

In everyone's opinion, this is simply nonsense.

"Forget it, this kind of thing sounds interesting, but in fact, it's just a technical topic, so don't talk about it." However, Ye Kai's father-in-law, Chu Yunsong, was more considerate of his son-in-law and took the initiative to talk about it.

The matter was stopped.

In fact, Chu Jingxuan also had specific records about what happened last time. Chu Yunsong also checked it later. However, in these papers, he did not see how Ye Kai made the decision, or even how he made the decision.

I saw the technical files where he found someone to collect intelligence on the other party.

Chu Yunsong had a very strange feeling at that time, thinking that Ye Kai had other intelligence analysis agencies to help him. Otherwise, he would not have the time and energy to complete such a huge project by himself.

But since Ye Kai didn't want to say anything, Chu Yunsong would naturally not force him to do anything. If Ye Kai was made unhappy, it would be his daughter who would suffer.

After the master Chu Yunsong said this, the others naturally stopped asking any more questions. Young people like Han Jing and others did not dare to ask any more questions, so Ye Kai's ears became clear.

After a while, the nanny at home came over and asked when dinner would be served.

"Wait a moment, get ready in the kitchen first, I guess the old man should have finished talking about things." Chu Yunsong looked at the place upstairs and said after guessing.

While they were talking, they saw Chu Jingxuan and Nangong Yun walking down the stairs together, but they didn't see Mr. Chu coming downstairs.

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