It’s hard for you, it’s hard for you! The difficulty of being a king is that it is too difficult to listen to the truth. From ancient times to the present, the truth is harsh and the truth is always very cruel and uncomfortable!
Why is this happening? It's because most people are unwilling to face the truth. Reality never conforms to people's desires, but it satisfies people's ambitions!
Do you all want to dream of unifying the Central Plains? Do you all want to compete for global hegemony? Do you all want to monopolize power? All this is not an ideal, this is ambition, this is just your unrealistic desire!
The difficulty of being a king is that he easily confuses desires and ideals, and the sycophants or careerists around him often make you have such unrealistic thoughts and ideas!
There is only one head of state in the world who can beat Emperor Tongzhi like this and show him the cruel truth of reality for him to understand!
A bucket of cold water is thrown on you and I wake you up directly... You can't do it, and neither can your country. The difference is too far. You don't even know where the money that adds value in the stock market comes from. You still think you can build a modern country. ?
You have to bow your head first, know your own shortcomings, and admit your gaps. Only with this understanding can you step into the new world!
If you refuse to admit the cruelty of this world and your own shortcomings, then please burn the secret messages at the back and continue walking on the old road alone!
How could Zai Chun burn his master's secret letters? The more his master scolded him, ridiculed him, and revealed his scars, the more he admired his master!
Because this is the only way for people to mature. Those who scold you are the ones who are kind to you. Buddhism pays attention to eliminating karma. How can you eliminate karma?
It depends on the hardships and hardships, and it depends on being scolded and beaten to wake you up! Rather than a bunch of sycophants accompanying you to be happy every day!
I don't know when, Master Qing had already quit Meiwu, and several eunuch supervisors had also left. Emperor Tongzhi was the only one in the small Meiwu.
The letter at the back was finally opened, and Xiao Letian answered the story question that seemed simple but had great truth!
"Why did the price of the Beijing-Tianjin Railway suddenly increase from 10 million to 80 million? Who gave the extra money? To tell you the truth, there must be a bubble here!"
"The extra money is composed of both virtual and real parts!"
"If selling the basic stock in your hand does not count, it will be calculated based on the 10 million circulating shares...Equitization is actually very simple. It means dividing a company or a business into equal parts!"
"When the Beijing-Tianjin Railway is completed and opened to traffic, a lot of investment will be required. You have to build the railway, buy rails, lay roadbeds, build bridges, buy locomotives and carriages...at least you have to buy coal to burn it!"
"When these numbers that cost money are recorded together, they form the initial fixed assets of a company! If you want to equitize it, you need to divide the fixed assets equally!"
"If the total assets of the Beijing-Tianjin Railway are 10 million silver dollars, and you issue one million shares, then it will naturally cost you 10 yuan per share!"
"If you issue 10 million shares, it will naturally cost you one yuan per share... The same shares must have the same price! Technical shares and management shares are special circumstances and can be discussed separately!"
"When stocks are listed and issued, investors buy them to make money, and what do they rely on to make money? There are two ways, one is to eat the annual dividends!"
"And the second way is to wait for the stock to rise and then eat the price difference!"
"Why do stocks rise? Let me tell you the truth first. It is because the company is making money and total assets are increasing, while the total number of shares remains unchanged. This causes the stock price to rise!"
"The Beijing-Tianjin Railway is in operation and makes money every day. What do you do with the money you make? Buy more coal to store, buy more carriages to haul goods, add two more locomotives... build more warehouses, even if you end up with a deposit in your book increased!"
"All this shows that your fixed assets have increased in value. Ten million fixed assets will become 20 million in half a year. This is called making money!"
"But if you make money, the total number of shares cannot be changed. It must be 10 million shares. So on average, should your stock price be two yuan?"
"This is real wealth growth. It is the safest and most appropriate, with no worries! But the Beijing-Tianjin Railway has risen so fiercely now that it has a market value of 80 million. Can you tell me how much the real assets of the Beijing-Tianjin Railway have increased in value? Is it 80 million?”
"Okay, this is another concept of virtual money, which means it involves the gambling nature of the stock market!"
"Life is about choices, and life is about betting on the future! Let alone the stock market, people may bet every day, and business people are betting on whether the price of sorghum will be low or high next year!"
"The official is betting on whether the boss he surrenders to will become famous or go to jail?"
"Before the Eight Banners entered the customs, weren't the many tribes who followed your ancestor Nurhaci gambling? They gambled with their lives, and if they won, they would be rich and prosperous for the generations to come!"
"Even those students in Chinese universities who choose a major and then go out to work are just gambling. Who knows that in twenty years, which major will be popular and which major will be in decline?"
"It's all gambling. Life is a big casino. Don't you allow investors in the stock market to take a gamble?"
“Business on the Beijing-Tianjin Railway is booming, and money is being made every day. This is something everyone can see, so investors will have a fantasy expectation about the future, and this fantasy expectation will give people the desire to make big money by holding it! "
"This desire will push the stock price forward, from two yuan to three yuan, four yuan or even eight yuan!"
"This is fictitious. It is completely supported by a psychological effect! For example, the Beijing-Tianjin Railway has increased from two yuan to three yuan. This is called 10 million silver dollars that have increased in value out of thin air!"
"But how much market transaction volume is required to achieve this kind of value-added? Maybe one day one hundred thousand silver dollars were sold, and the price jumped to three yuan!"
"One hundred thousand silver dollars is a real transaction, but the increased value of 10 million is the wealth on paper. In other words, the price of 9.9 million is empty!"
"It's the imagination of the stock investors! Do you understand? There is no transaction of 9.9 million silver coins, but the market value has gone up!"
"There will be two results later. One is that everyone's confidence remains unchanged and they all believe that this imaginary number is real. If the company can finally make a profit, then this fictitious price will not drop!"
"The other possibility is that everyone is a little skeptical and has a broken mentality. The selling investors will vote with their feet, and then the stock price will slowly fall back... It may also fall to a price lower than the real wealth!"
"This is a gold pit! If the actual total assets of the Beijing-Tianjin Railway are already 30 million silver dollars, then the stock price should be equivalent to 3 yuan!"
"Everything below three yuan is a gold pit. The deeper you go, the more money you will make!"
"Combining fiction and reality! The stock market is a battlefield of psychological warfare... So the question is, as a monarch and a ruler of a country, how should you face this game?"
Zai Chun looked at the secret letter and was speechless for a long time. He finally realized that he had missed too many classes and that he was not fully prepared for the pro-government at all!