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Chapter 1128 Make a Good Money

Bennett's helpless mood was as if the ballpoint pen he was turning to relieve his nervousness fell on the table.

Now in such an urgent situation, Baker actually wants to please Sparkman.

As the chief financial officer, he must not watch them drag Country Y into the quagmire at this time.

Sparkman was clearly inclined to believe Baker's words.

"What he said is what I think. We have strong foreign exchange reserves. In this big market of the world, we can buy everything. If shipping is slow, we can use air transport.

I don’t believe that Lin Chuan alone can compete with our entire country!”

Bennett immediately said: "Mr. Sparkman, I ask you to consider carefully. Once we import a large amount of materials, the prices of all imported materials will definitely skyrocket.

Affected by the plummeting stock index, the current unemployment rate has reached an astonishing 35%. Unless you will distribute these supplies for free, but in this case, how long can our foreign exchange reserves last?

Isn’t this giving away our hard-earned foreign exchange reserves to others? Isn’t this a compromise?”

Everyone sitting there nodded.

After all, there are still many people who are awake.

But Baker sneered.

"Mr. Bennett, you think too much of Lin Chuan, which makes you lose the courage you should have. You are the chief financial officer, and all the money in the country is in your hands.

What are you afraid of? Do you really think that people in country Y will go hungry? Don’t forget, we also have agricultural development, and the food we grow ourselves is even exported.

Could it be that you, like Lin Chuan, think that everything we eat is bought with money, which is simply ridiculous!"

Bennett said with anger welling up and his face turning red.

He even said coldly: "Mr. Baker, we do have agricultural development, and we can also grow food, but at this time, do you think those crops will be harvested early because of your needs?

Let the president of the food management department tell you this!"

Trevien, the food president who had been silent all this time, slowly raised his wrinkled eyelids and said slowly: "Bennett is right, the food we grew ourselves has not been harvested yet.

This is a very simple question. If we grow enough to eat, we don’t need to import it. Fortunately, our animal husbandry can still be used, and the livestock we raise can also be practical.

But this won’t last long!”

Trevion opposes everyone, supports everyone, and doesn't provoke anyone.

The final decision-making power still rests with Sparkman.

He always had one thought, that is, he would never compromise with Lin Chuan.

So he said coldly: "You don't need to say anything. I have decided to adopt Bell's proposal and purchase supplies from all over the world. At the same time, we must also get support from the animal husbandry industry!"

Bell looked at Bennett very proudly. No matter what he said, he still didn't adopt his suggestion in the end.

But Bennett shook his head helplessly.

They really overestimate their abilities.

Sparkman then said: "Also, I appointed Bell as the president of the pirate plan Xiang Island. You will go to Xiang Island tomorrow and force Lin Chuan to compromise no matter what means you use!"

Bell stood up very happily and said: "I will never let down the public's expectations and Mr. Sparkman's promotion!"

Everyone else also burst into applause.

Only Bennett feels particularly tired now.

But Lin Chuan was particularly relaxed.

He knew very well that it was impossible to compete with a country based on his own strength.

Especially country y with such a rich heritage.

His goal and idea is to make money, not to destroy country y, which he cannot do.

At least not yet.

Moreover, Lin Chuan had already considered the process of this acquisition in advance.

Even without others telling him, he knew that Sparkman would definitely use their strong foreign exchange reserves to purchase supplies.

But this is even better.

The more they purchase, the more they will have a devastating impact on country y's local industry.

It will be directly reflected in their stock index.

In Shen Rongjian's company, Lin Chuan looked at the current data and smiled calmly: "No matter how powerful outsiders are, it is impossible to destroy them.

But if they do it on their own, no one can stop it. Sparkman seems to be still immersed in their strong foreign exchange reserves, but he never imagined that their money also has an exchange rate!"

Shen Rongjian nodded vigorously and said with a smile: "Mr. Lin really has a far-sighted vision, which I admire very much. A large amount of his own funds have entered the futures market.

Coupled with the withdrawal of funds from Rido Bank in country F, their banks had to raise interest rates to maintain a normal and acceptable exchange rate per dollar.

Externally, they have to spend money to purchase a large amount of materials. Coupled with the plummeting stock index, the prices of purchased materials will definitely rise sharply. As a result, the currency will continue to depreciate.

Now the exchange rate of their currency per dollar has fallen by more than 5 percentage points. However, soon, it will continue to depreciate unstoppably. By then, even Bennett, the financial genius, may not be able to cope with it!"

Lin Chuan admired Shen Rongjian's analysis very much.

Although this person is a bit greedy for money, his professional thinking is very good and he can see many aspects that others cannot.

So Lin Chuan said with a smile: "Now we have purchased more than 40% of the grain, and we have continued to purchase 50%!"

"Okay, Mr. Lin, just based on this acquisition, we still need at least 20 billion yuan in capital!"

"Forward to you later!"

Lin Chuan returned to his office and kept watching the changes in country y's currency data.

It's not the time to explode yet, so we still need to wait patiently.

As long as it falls below a certain level, he can buy.

This is how he makes money.

At this moment, Nerman called Lin Chuan.

"Mr. Lin Chuan, Sparkman appointed Bell as the president of the Pirate Project Xiang Island. He will come to Xiang Island tomorrow to start the Pirate Project. Do you have any ideas?"

However, Lin Chuan laughed and said: "He can't come to Xiangdao, someone will stop him!"

"You mean Colston?"

"I won't talk about this anymore. Let them think about it themselves. If they really come to Xiang Island, you should give them a good welcome!"

Nellman laughed too.

He understood what Lin Chuan meant very well.

Xiangdao belongs to Lin Chuan, this is not Lundu, and there is Colston's support behind it, so it won't be easy for anyone to come.

In order to make more effective use of Nellman, Lin Chuan immediately smiled and said: "When country y's currency falls below 12 yuan, buy more and you will make a lot of money!"

This chapter has been completed!
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