Unlike the numb and ignorant people of this era, Hong Yanwu is super sensitive to news about foreign exchange and real estate.
After the news was released, he has been paying attention to the relevant progress, and found relevant articles in all newspapers and read them over and over again. He even went to the Song family to talk to Director Song and borrowed his "Reference News".
What's interesting is that through this incident, he even got an astonishing additional gain. That is, he discovered that his father had been hiding his clumsiness for a long time, but actually had an unusually sharp vision and far-sightedness that was beyond anyone's reach.
To be honest, even though he knows the development and true direction of history, he feels a little ashamed when compared with Hong Lucheng. Because he only knows the appearance but not the truth, but Hong Lucheng has a thorough understanding.
The ability to see the essence through phenomena.
The specific situation is this. One afternoon, when Hong Lucheng got up from his nap, he saw Hong Yanwu in the main room looking through the piles of newspapers piled high at home.
At that time, the old man didn't say anything and went out to buy things for his family. He didn't expect to wait until he came back after buying things. An hour had passed and Hong Yanwu was still rummaging around. Moreover, there were already several different titles lined up on the Eight Immortals table in the main room.
newspaper.
Hong Lucheng went over to take a look curiously, hey, it was either news about foreign exchange certificates or explanations of real estate policies. He was even more surprised and had to ask, "Why are you looking at this?"
Hong Yanwu didn't take it seriously and replied jokingly. "Dad, I said I was looking for change. Do you believe it? Just leave me alone..."
Unexpectedly, Hong Lucheng immediately closed the door, and then gave Hong Yanwu a very serious warning.
"Third brother, let me tell you. You are not allowed to do this!"
When the light in front of him dimmed, Hong Yanwu couldn't help but raise his head. When he saw his father's reaction, he was shocked again.
"Dad, what did you say? What do I want to do?"
"Don't be careless about me. After Xiao Tang's incident happened, I was afraid that you would feel uncomfortable so I didn't ask you. Today is just the right time. Why don't you tell me the truth? Does reselling electrical appliances have anything to do with you? You
Are you now eyeing foreign exchange coupons again?”
With that said, Hong Lucheng picked up the newspaper on the table, slapped it hard, and then rushed the conspicuous news item towards Hong Yanwu.
"You said it's all about your generosity in spending money and your plan to get those two books of stamps. Can I believe it if you continue to say that you didn't have such thoughts?"
Hey! The old man’s eyes are so poisonous! The secret has been exposed long ago!
Hong Yanwu was stunned for a moment, and quickly rolled his eyes to say something. But he hadn't thought of an excuse yet. His father spoke first again.
"You have to think about it before you talk. I'm your father, and I've been familiar with you making up lies since you were a child."
Okay, what are you talking about? This is already settled!
Seeing this scene, Hong Yanwu could only sigh helplessly. "If you say yes, that's it."
But as soon as his mind changed, he pretended to be respectful and invited Hong Lucheng to the chair, and then asked with a smile on his face.
"Dad, tell me. Why can't I do it? This is a good thing..."
Hong Lucheng was not happy at the time. "What's the matter? You're going to test me when you've defeated me in the army? Don't I know what this is?"
Hong Yanwu quickly put a hat on his father's head. "Look, that's not what you said. I just want you to explain it to me. I think there may be a gap in our understanding. Besides, I also want to learn from you."
After hearing what he said, Hong Lucheng did not refuse. He only raised his hand and picked up the teacup to signal.
Hong Yanwu understood immediately and quickly went to make tea and water for his father.
Not to mention, what Hong Lucheng said next really made Hong Yanwu busy and made him gain knowledge and experience.
Although Hong Lucheng did not know the direction of history like Hong Yanwu did, the Hong family was once the major shareholder of "Salt Bank" and "China South Bank", and was also a major customer of foreign banks such as Citigroup, Chase, and HSBC.
When Hong Lucheng was young, he received a lot of lessons from two national bankers, Yue Qianzhai and Huang Yizhu. And later, he relied on his true skills to escape the "devaluation of legal currency" and the "robbery of gold yuan coupons". How could he not see this? Do you understand what foreign exchange coupons are?
The old man first pointed out the general trend of the upper class pointedly.
During the reform and opening up, the country must do business with the outside world, but currently the country’s foreign exchange reserves are less than one billion U.S. dollars. How to do business with the outside world? Therefore, encouraging enterprises to earn foreign exchange and controlling foreign exchange have become a top priority for the country. This foreign exchange coupon is based on the overseas remittance coupon. Experience in managing private foreign exchange means.
Then Hong Lucheng pointed out the advantages and essence of foreign exchange coupons.
According to him, foreign exchange vouchers have advantages over overseas remittance vouchers. First, there is no limit on the period of use. Second, they have currency properties and can be exchanged for foreign currency at the official price. To put it bluntly, this thing is equivalent to the gold and silver dollars during the Republic of China. .As a standard with international covalency, it serves as a peacemaker-like bridge between foreign currencies and domestic currencies.
He then pointed out the profits and future prospects contained in the foreign exchange certificates.
Like in the past, there were so many "silver dollar exchange" stalls on the streets and hawkers wandering alleys doing this business. Although in people's eyes, they were only doing sporadic businesses that banks didn't like to do, and they made a small profit. But I had never heard of it. Some of them lost money. This shows how much profit there is.
As for the initial liberalization, because our country is in urgent need of materials and technology, there is a lot of external demand, and other people's economies are developed, and they have less places to ask for us. This means that they are not equal to each other, and this will not change for a long time. As the saying goes, rushing is not buying and selling, so the current exchange rate will be difficult to maintain, and the RMB of the Republic will inevitably be "mao".
Why did people in the past always exchange their local currencies for silver dollars and gold? Some people say that "gold in troubled times" is easy to carry and escape. In fact, it is not simply the case. Those things are quite heavy and not as convenient as banknotes. If there are US dollars and pounds, the same is true. , and it can also be exchanged in different places. The key is that because the country is weak internally and strong externally, people are willing to save some to prevent the depreciation of the local currency.
Finally, this comes to the dangers behind the benefits of foreign exchange bonds. Not only is it similar to what Hong Yanwu thought, but the definition given by Hong Lucheng is also particularly accurate.
He said that although major changes in society often mean major opportunities to make money, some money cannot be earned. Current policies are too strict on private control. For example, foreign exchange is related to the country's financial order and the country's future development, and is more important than planning. Materials are still important. To put it bluntly, anyone who dares to exchange money back and forth privately to make a profit is committing the most serious form of speculation. Isn’t that just asking for death?
After hearing this, Hong Yanwu, who knew what would happen next, could no longer restrain his admiration. He started to admire him from the bottom of his heart.
"Dad, you are really amazing, you know this stuff so well! Many of my vague questions suddenly became clear to me after you said this. You are really an extraordinary businessman of this generation!"
I just admire him, but he still has something to say later.
"But I still have a question. Only by exchanging and exchanging can I make a profit, right? What about speculation? First is speculation, but then you have to speculate as well? But what if I only exchange but not exchange? For example, I myself
Would it be considered a crime for me to exchange some foreign exchange vouchers for buying things at the 'Friendship Store'?"
Hong Lucheng couldn't help but falter after thinking about it. "Then...it probably doesn't count...what...what do you mean?"
Hong Yan was armed as if nothing was wrong, and repeatedly patted his chest to assure himself. "Dad, don't worry, I promise not to do anything speculative. In fact, I just want to exchange some foreign exchange certificates for myself and buy some fashionable products. Isn't this enough?
?”
Just like that, Hong Yanwu was able to fool his father about the foreign exchange certificates. Hong Lucheng really didn't know what kind of ambush his son was preparing for him.
Hong Yan is a very good martial artist. In fact, since he planned to do this, he has been thinking about how to hide and seek with the laws and regulations.
That's still changing the soup without changing the medicine. It's the same as the "outbound index". He won't do the business of buying and selling foreign exchange bonds. It's too eye-catching and too dangerous.
His idea was to "save the country through curves". He planned to exchange the foreign exchange certificates and hold them in his hands, and then wait for someone who needed the goods in short supply to show up. Finally, he negotiated a good price, and then bought the goods and resold them.
In this way, he turned a corner and passed goods, so the risk was greatly reduced. Even if he was caught by the police while exchanging foreign exchange certificates, he could not be said to be speculating. Because he did not sell out, he only used it for himself.
But, going down to the basics, isn’t the reason why foreign exchange certificates are valuable because they can buy things that many people can’t buy? In essence, everyone needs things. In this way, not only is the money you can earn not worth a penny.
Less and more.
As for his discussion with his father, he was indeed pleasantly surprised. Hong Lucheng's explanation not only gave him a complete understanding of what a foreign exchange certificate is and what its role is. It also reminded him of the trend of foreign currencies. He immediately
I remembered that the devaluation of the RMB started this year.
That is, he is not a second-rate dealer, and trying to exchange foreign currency is also a sweet business to make money while lying down.
Do it! Why not do it! As long as the people are employed properly and the plan is thorough, he doesn't believe that anyone can catch his sore foot.
From this moment on, Hong Yanwu made up his mind to completely withdraw funds and manpower from the "Dongfeng TV Factory", and then let the "little wife" and his wife focus on foreign exchange bonds.
To be honest, the price of TV tickets over there has been ridiculously high, and it takes up funds and warehouses. In comparison, this is a really convenient and profitable big business.
Poaching the corner of socialism? No, he doesn't see it that way. The emergence of this "privileged currency" itself is unfair and unreasonable. Only by realizing a market economy as soon as possible and accelerating the pace of market opening is the key to solving the problem.
Otherwise, why were the foreign exchange certificates automatically abolished soon after the bills were withdrawn from circulation? Wouldn’t the crime of speculation be abolished in the future? Even the country believes that this crime is not justified. This is called error correction.