The foggy capital of cattle country.
In the conference room, Finance Minister Norman asked everyone present.
"What do you think?"
"The lira is finished, now we can only try our best to buy the pounds flowing out of the market, or raise interest rates!"
"Don't even think about it. If you raise interest rates, do you want to trigger a stock market crash?"
"As long as Hans wants to maintain the European monetary system, they will definitely cut interest rates again!"
Norman listened to the discussion among a group of people. Although he looked solemn on the surface, he actually had no worries in his heart.
Unlike Niu Kingdom and Italy, the empire that once ruled most of the world still had many trump cards.
The foreign exchange reserves of more than 20 billion are Norman's greatest confidence, and he can also borrow money from the IMF at any time, as well as the US dollar reserves of the Hong Kong Island Monetary Authority.
As one of the three major financial centers in the world, Hong Kong Island has more capital reserves than many countries, and the issuance of Hong Kong dollars must pay the equivalent of US dollars. These funds are kept by the Hong Kong Monetary Authority.
When the situation gets serious, Bull Country can completely withdraw enough U.S. dollars from Hong Kong Island to buy British pounds for emergencies.
When it comes to running out of ammunition and food, Hans may continue to cut interest rates to save the situation.
The Federal Bank of Hans is not only the central bank of Hans, but also bears the responsibility of the European Central Bank, so the collapse of the lira causing Italy to withdraw from the ERM is good news for the bull country.
Not only does it reduce the burden on Hans's shoulders, but it also forces Hans to continue to cut interest rates. As long as Hans wants to maintain the ERM system, he must cut interest rates. Otherwise, the currencies of other member countries will collapse one by one, and he can't be a one-man show, right?
If it doesn't work, you can still raise the interest rate yourself.
Anyway, even if the pound sterling is going to die, he will definitely be the last one to die. When the time comes, he will just survive. What does it matter to others?
With so many trump cards, Norman wanted to ask how to lose?
. . .
"Mr. Norman, the lira has just depreciated by 10% at the close. It has fallen sharply out of the coordination range of the ERM and there seems to be no sign of rebound. Some experts believe that this may cause a chain reaction, and the pound may be next. What do you think for this?"
"Nonsense! The Bank of England is the most powerful bank in the world. We also have nearly 30 billion in foreign exchange reserves and can borrow tens of billions of dollars from the IMF at any time. I can't find any reason for the devaluation of the pound? "
Chen Yi watched Norman talking to various reporters on TV and showed a funny smile.
In what era are you still dreaming about the central bank deciding everything?
This is no longer an era when the central bank can control the market. What do you want to do with tens of billions of dollars in front of the short sellers around the world?
Chen Yi turned off the TV and was no longer interested in Norman's next speech. They were just dead bones in a grave. Are they still addicted to the era of the empire where the sun never sets?
He came to the lobby of the villa, where Lin Jiayao and a dozen traders from Universal Securities were already waiting.
"Boss, what will you do tomorrow?"
"For the time being, we will place one order per second and let others take the lead in consuming the foreign exchange reserves of Ingolan Bank. Then we will slowly accelerate and attract hot money from all over the world who are still waiting for the opportunity to form a herd effect. I want to do it in one day. Dead pound.”
"It must be resolved quickly, otherwise they will definitely let the Hong Kong Monetary Authority use its US dollar reserves to buy pounds. This is really cutting off Hong Kong Island's flesh to stop losses!"
Since the Hong Kong dollar was decoupled from the pound in 1983 and changed to a linked exchange rate system pegged to the U.S. dollar, it has become an exchange rate for the U.S. dollar.
When the pound depreciates, if the Hong Kong Island government loses money after buying the pound, the people of Hong Kong will have to foot the bill.
The Hong Kong Monetary Authority now has about 42.6 billion U.S. dollar reserves. Well, the total reserves in Chen Yi's previous life in 1992 were 35.174 billion. Because of the new world, there are more than 7 billion more due to the butterfly effect.
What Chen Yi has to do now is to slowly accelerate the depreciation of the pound, cooperate with the hot money that has already begun to take action, and strive to use up England's more than 20 billion foreign exchange reserves and the 10 billion borrowed from the IMF in half a day, and then start Place massive orders directly.
This will give those gaming assets who are still waiting for the opportunity to have the illusion that the trend has become a success, and mistakenly believe that other players have officially begun to enter the market in large quantities. Everyone will swarm in together, leaving the Bank of England with no time to react or operate. Pushing the pound to the bottom gave it no chance to touch the Hong Kong Monetary Authority's US dollar reserves.
In the previous life, the exchange rate between the pound and the mark took a day and a half to fall from 2.90 to 2.64, but this time Chen intends to make the pound fall below 2.5 within a day!
"Okay boss!"
Lin Jiayao's group of people were all excited and excited.
This time their target is Ingoland Bank!
What is Ingoland Bank?
It is the central bank of the Ox Country. It has existed since the days of the Empire on which the Sun Never Sets and is recognized as the largest central bank in the world.
Things that they couldn't even think about before can now be done with their own hands, and the other party seems to have no power to fight back.
Basically, most of the people here are native Hong Kong Islanders. Since Hong Kong Island became a colony of the Niu Kingdom, some of the various oppressions of the Niu Kingdom on the Hong Kong Islanders have been experienced personally, while others have heard from their elders since they were young. The story grew up.
Although the words "New World" and "West Kowloon" are subtly improving the situation as the events of 1997 are settled, the pain and humiliation still remain in the hearts of most people.
After all, who would want to be a dog if they could be a human?
And their operation this time will not only give a severe blow to the Niu Kingdom, but also defend the interests of all Hong Kong Islanders. How can they not get their blood boiling?
"Boss, don't worry, we will definitely kill those gangsters from Ingoland Bank tomorrow!"
"Okay, I'll leave the Asian market to you. You don't have to worry about the European market, but you must ensure that no one in Asia dares to buy pounds. Anyone who dares to buy pounds will be bankrupted!"
"must!"
. . .
At three o'clock in the morning on September 14th, coachman, De Wallen red light district in Amsterdam.
This city is called "Sex City" by the Chinese, "Sexcity" by the Niu people, and "SexeVille" by the Gauls. No matter what language it is called, it has only one meaning. This city is known for its "sex city". known for its openness.
Carriage has always been famous for its windmills, casinos, drugs and red light districts. The red light district has made the world full of curiosity, because Carriage's color industry is legal as long as it obtains a license.
On De Wallen Street, you can see all kinds of scantily clad girls posing behind glass windows on the street, attracting the attention of men outside.
According to the official statistics of Coachman, Amsterdam's color industry can bring in at least 100 million US dollars in net profits every year, and this is only a rough official statistics.
No one knows how much the real profits are, including the bosses behind the scenes.
Because Mrs. M earns 30 million US dollars every year in Amsterdam alone, and if the scope is extended to the entire coachman, it will be almost 80 million, and she is only a relatively large one among all the bookmakers. How many deep-water predators are there? No one knows about lurking.
Of course, Mrs. M is taking a high-end route. After all, her girls are carefully selected, so there is no need to worry about their appearance. Their temperaments have been trained to be first-class.
And there are always some girls in each batch of girls who really can't adapt to the training of killers, so they are arranged by her to work in other industries, and there are also many who come to coach drivers.
Late at night, De Wallen's "Degenerate Avenue" begins to have a different scene than during the day. Street bars, hotels, theaters, and the famous red light district museum all begin to turn on the lights on their signboards, attracting all kinds of consumers. .
At any time at night, there is singing, dancing, and feasting here, and the thirty-six-story Fallen Angel Hotel, like the other big hotels in this neighborhood, looks out of place on this fallen avenue and the other rental apartments with only four or five floors.
But they do serve the purpose of diverting consumer groups. The various services in the hotel are very popular among the rich and wealthy. After all, those high-quality customers definitely want to enjoy a higher level of services.
And a few months ago I heard that this hotel seems to have entered into a deeper cooperation with a big bookmaker in the local color industry of Coachman. The hotel has now begun to provide one-stop services. Unlike before, it only helped customers with pimping. Just food and accommodation.
This hotel belongs to the Doctor's property. When Chen Yi learned that the Doctor actually opened a hotel here in the Coachman Red Light District, he felt that the Doctor was also very eye-catching. The business of the hotel must be very good all year round.
In addition, we are now cooperating with Mrs. M. It is estimated that the business will reach a higher level in the future.
In a presidential suite in Fallen Angel, a dozen white employees of the Vest Corporation were holding a video conference with the Titanium executives of the Vest Corporation.
"Start selling pounds tonight? OK, no problem!"
The calm words with suppressed excitement echoed in the room.
