Looking at her brother who was drinking porridge, the empress was somewhat speechless.
"You brought up futures, which is what people have said recently. Please tell me carefully. The feet are on your legs and I can't control them. But if you hit them randomly, I can definitely interrupt them!"
The Empress clenched her jade hands into fists and warned.
"Wait until I finish drinking!"
I ate a lot last night, and when I woke up I didn't have anything missing. I quickly drank the last mouthful of porridge, and then Fang Fang started talking about things bit by bit.
Women are all emotional, and he knew very well what his sister was worried about.
He is doing things now because he wants to protect her, so he naturally needs to gain his sister's understanding first.
He is not in the rebellious stage. Even if he is in the rebellious stage, as a veteran of society, he knows how to do things.
Old Man Xia, how could Fang Fang not be a little impatient in front of Huang An.
Guidance is guidance. If people are so impatient that they kick away the equations, they will never be able to play with futures, because the theory is not explained clearly at all. Even if it is explained clearly, they will not know where to operate.
Take selling cakes as an example!
For spot goods, you first need a real pie, and then you sell it and buy it. You pay with one hand and deliver the goods with the other hand. The process is over. There is nothing to say. This kind of thing is common.
Futures does not require a pie. It is a financial game. The operation is the pricing power of the pie. Through the game of pricing power, the contract value is affected.
It is not difficult to see from this that the value of the contract is fictitious and unreal. No one recognizes it. No matter how high the value of the contract is or how beautiful the article is, it is just an empty piece of paper and cannot be implemented.
To be effective, the contract must be implemented.
There are many prerequisites for a mature market, but if you want to establish a futures platform, you also need to rely on policies, support, channels, and open up the upstream and downstream to open up the upstream and downstream. Only then can you initially establish a futures platform. Then you need someone to play, and a platform without anyone is of any value. nothing.
At this point, with the platform, suppliers, channel parties, and participants, the contract can be implemented, thereby affecting the actual value through games.
And these things, let alone the Wu Dynasty, are not available in Kyushu, another world. If you want to play, you have to lay them out step by step.
It's simple to say, but it's hard to change your ideas. Except for equations, there is no one to play with in this time and space.
"Don't you think this is just a waste of money?"
The Empress frowned.
The equation is simple, but the more the empress listens, the more confused she becomes. Why can you affect the price of meat through contract speculation?
Is it because you have a big face or because you have so many people?
"Sister, don't tell me, this is really a white wolf with empty gloves!" Fang Fang nodded silently, "But futures are different from ordinary white wolves with empty gloves. Futures have a meaning of existence!"
"significance?"
The empress was puzzled, even confused. She couldn't see the meaning of this thing at all.
If it's just about gambling, wouldn't it be easier to open a casino than this?
“Prevent and control risks!”
"Everything has risks, and the most taboo in commercial transactions is risk, especially farm products, which are commodities that depend on the weather. The significance of futures is to transform risks and uncontrollable factors into people's hearts and play on the information gap. Then it is fixed in gold and silver to lock in the price for a certain period of time in the future!”
“If you have money, people, and information, make money by trading contracts!”
“Producers can use this to reduce risks, and receivers can use this to reduce costs!”
The empress was silent for a long time. She seemed to understand, but also seemed not to understand. She waved her hand and said, "You still have a concrete example!"
"There are signs of famine. People who are proficient in agriculture and farming season will know whether this year is a famine in March or April. There is no need to wait for the harvest. In small areas, the court will monitor and the local rice industry will begin. Adjust grain, but rice prices tend not to rise at this time, why?"
"The people have food, but they haven't finished it last year. At the same time, this year's harvest is not certain. After all, it may improve in the next few months. As far as businessmen are concerned, the current speculation on local food prices will affect the price of food imported from other places. In addition, You also have to worry about whether the court will pay attention to it. If anything goes wrong, the price will not go up, but all the money will be lost!"
"In this process, if the grain merchants want to gain huge profits, they need to deceive the superiors and conceal the news!"
"That's true!"
The empress has been in charge for four years, so she naturally knows when food prices will rise.
The most taboo thing in the world is to treat people as fools. The people are not stupid, the government is not stupid, and the grain merchants are not stupid. Coupled with the uncertainty of God, people will not take action at all if things are not implemented.
If you make a rash move and manipulate food prices, you won't make any money, and there is a risk of having your head picked off. It's rare to break up your face once, and you will definitely make a lot of money. Even if you don't come from the common people, you still have to extort a lot. Government.
"With futures trading, these will be directly reflected in the market. The Ministry of Revenue will use this to buy the bottom, lock in a lower price, and sign it in the form of a contract. If a grain shortage does occur later, it can directly buy the grain. When we come back, if the food shortage does not break out, the government will usually know in advance and just sell out the contract with the high-ranking officials. They can even do the opposite to reduce the value in the future!"
"You can also operate in a good year. Compared with the rigid ordinary system, futures are more flexible. One thing costs two cents!"
"However, under the current conditions, it is impossible to manipulate grain prices. The main reason is that there are no channels. At the same time, the platform's information collection and information exchange are problems!"
The largest futures trading market in the previous life also took advantage of the east wind of the information age to grow bigger step by step and spread all over the world.
Once the mutton market is established, the subsequent futures market will only be at the state and county level at most. It would be a dream to spread it across the country.
"I probably understand what you mean!" The empress understood somewhat. "Since you want to try, then try it first. But when you go out of the city, you must stay in the city peacefully for me, and I will send someone to follow you!"
"Sister, you don't know what kind of character I am. I care about my life very much!" Fang Fang patted his chest and promised, "When I get to Guangchang, I will definitely stay in the city. I will stay in the inner city. If there is any trouble, I will come back immediately!"
The empress smiled and poked Fang Fang's forehead fiercely with her jade finger, "There is no need to come back. Stay in the inner city. The war is really going to reach Guangchang. There is no safer place in Guangchang County than the inner city!"
The empress doesn't care about making money or appeasing her.
As long as the work-for-relief program is done well, it is enough for her. After three or four years, when the country becomes stronger, will the Wu Dynasty still need external appeasement?
No need, anyone who dares to jump will have their legs discounted directly!
Slaughter your army, exterminate your entire clan, and kill the aliens is the best alien. The Wu Dynasty will not play appeasement policy with you at all.
But futures have hidden functions in preventing and controlling risks. Whether it is theoretical or real and effective, as an emperor, you must try it.
Who knows the risk?
The most important thing for a country is to sacrifice its troops. What is the purpose of these sacrifices? Isn't it just to pray for peace in the coming year?
We have been offering sacrifices for so many years, and everyone knows it is useless, so why are we still offering sacrifices? They are sacrifices for the people at the bottom and for outsiders to see.
If given a choice, the emperor and the court would choose to control the risks themselves, even if the altar was torn down.
