Chapter 252 Currency without Financial Attributes



Blizzard says it will come down.

Standing on the Goldman Sachs Building and looking at the heavy snow falling from the sky, Nagano Nao suddenly became alert.

There were many things I couldn’t understand before.

The Japanese stock market is controlled by financial groups. The first time the American financial groups came here, they were beaten badly and suffered huge losses of billions of dollars.

Why did the stock market crash the second time? The trading volume of Japanese stock index futures is only 10 billion yen, which is completely fake. It seems that Wall Street's shorting of the Japanese stock market by putting options is meaningless.

Later I realized that no matter how strong a fortress is, it can only be breached from the inside, and the only one who can kill yourself is yourself.

Use your own spear to attack your own shield.

Put options can make money when the stock market falls.

On one hand, there is tremendous pressure from the Cold War balance. Choosing to resist means competing head-on with the United States, and more companies will face the same sanctions as Toshiba.

On the other hand, buying put options and giving up the stock market will not cause any loss to the consortium itself, and it may even make a fortune.

Coercion and inducement.

Even a fool knows how to choose.

But because of this, a new question arises that I can’t figure out.

This method is of no benefit to Wall Street itself!

make money?

You can’t make a penny from the financial markets on Wall Street!

Even if a large number of put warrants were purchased from Japan, it would still be useless. The entire Japanese securities market is a closed-loop market, with all the chips in the hands of the consortium. The consortium has the final say on how low the stock price will fall.

For the put options to fall, the consortium needs to sell their chips. In order for the consortium to sell their chips, they need to sell these put options to the life insurance companies and banks under the consortium to make a profit.

Wall Street? It's pure white work, and the most you earn is a commission.

So Nao Nagano has never understood why Wall Street would take the risk to do such a thing that would benefit others.

He took all the bad reputation himself, shorting the Japanese stock market, and was called a scumbag, while all the benefits went to the Japanese financial groups, allowing these guys to make a fortune in the stock market with justification.

But Wall Street is known as a gathering place for scumbags. How can it be possible to do business without capital? Now think about it again.

How ridiculous my previous thoughts were.

Too small a pattern! Apparently.

The top leaders of major financial groups know the purpose of Wall Street, which is why they sell put warrants to them. Wall Street also knows this, which is why put options came into being.

This is a deal! It is also an art of compromise and attack.

Japan is currently at a disadvantage and can only compromise and give in, but Wall Street gave the Japanese financial groups a reason to give in, which led to this deal.

Although everyone knows that Wall Street's real purpose is not financial markets.

Everyone from top to bottom is acting, only the bottom are spinning in circles!

Politics is fucking disgusting! It’s ridiculous that I used to think about making a lot of money in the financial market!

In a closed-loop market, no one can make money by short selling except the consortium itself.

Novels are so damn harmful!

You think everyone is a fool! Nagano shook his head secretly, not knowing whether to laugh or cry.

"President, are you thinking of something happy?!" Seto Shinnosuke was a very good bootlicker. When he saw the boss suddenly laugh, he asked with a curious look on his face.

"It's nothing! It's just funny to think that we sold $1 billion worth of put warrants to Goldman Sachs and then came to the United States to buy them back!"

"Haha! It's really funny! In this way, Tsuchiya and his gang will be very miserable! These idiots would never dream that your ingenious plan is so terrifying!"

Seto Shinnosuke was very cooperative, with obvious admiration on his face.

Nagano Nao chuckled and shook his head.

To this day, he really doesn't take the conflict with Tsuchiya seriously. They are not on the same level as each other. This is a difference caused by the information gap and status.

I don't even understand why the company sold the put warrants. It's just a discarded pawn.

This guy who is not even qualified to be an opponent is not worth laughing at.

If you want to talk about funniness, nothing is funnier than Buffett's surprise when he heard the number of one billion dollars.

It's really interesting that a stock god would be shocked by ten billion dollars.

And the look in the eyes of the big foreign horse was probably because he was amazed at how ruthless this first-day rapist was! The group went down the stairs.

A guy ran over with snot and tears in his eyes and knelt down in the snow.

It is Rwanda that is facing dismissal.

In this era of widespread unemployment across the United States, where hundreds or even thousands of people are competing for a security job, being fired is an unimaginable cost.

You don't have to think about it to know it.

Once he loses this job, he will be evicted from his rental property and become a lowly homeless person on the street.

They are bullied by others, live on meager relief funds, and have to compete with others for territory.

And the captain has made it very clear that if he wants to keep his job, he has to beg for forgiveness from those damn guys like Nagano Nao.

"I'm sorry, sir! I'm really sorry! I thought you were Chinese and that would offend me, but I didn't mean to offend the Japanese. Please forgive me! Please! Please!"

Kneeling miserably on the ground, Rwanda quickly crawled to the stairs, wiping his nose and tears, looking extremely miserable and pitiful.

But this guy obviously has never been to Japan.

I don't know how hateful my words sound.

Damn it! Haven't you black people always resisted racial discrimination?

Offended because of being Chinese? What kind of reason is this? Seto Shinnosuke is a good lackey. When he saw Nagano frowning, he kicked Rwanda away.

"You dirty nigger, get away from me and don't dirty my master's expensive suit. You can't even afford to pay for it if I sell it!"

"Press! Press! Please forgive me! I beg you. I have an 80-year-old mother to support. I really can't lose this job! Please, give me a chance!"

"Get out of the way! Don't block our way!"

"Pres!"

“.”

When a man kneels on the ground and cries bitterly, his regretful and humble appearance is enough to arouse pity.

But none of the guys present were good people. Not only did they not sympathize with him, but they were filled with deep disgust.

A woman happened to pass by and saw this scene. She stopped to ask about the situation. When Rwanda said with tears and snot that he would be fired if he didn't get forgiveness from Nagano Naoko and his gang, humanitarian sympathy immediately broke out.

"Hey! You guys are going too far! He's already apologized to you, why can't you forgive him?"

"What's it got to do with you! If you're so kind-hearted, why don't you pay for him yourself?!" Seto Shinnosuke cursed, and when he saw Nagano Nao get in the car, he followed him happily.

When Rwanda saw that the group was leaving, he burst into tears and said, "Please! I really know I was wrong! Please give me another chance! I really can't lose this job, please give me another chance."

“.”

Boom! The wheels spun in a circle, splashing a large cloud of snow that instantly disappeared into the distance.

Looking at this guy who had no humanity at all, the compassionate woman angrily cursed in the direction of the car.

Rwanda knelt in the snow.

The desperate look, without any hope, makes people feel pity involuntarily.

After the woman finished scolding, she took out her wallet reluctantly. However, a dramatic scene happened. The desperate guy kneeling on the ground suddenly snatched the wallet and ran away.

It’s so sudden!

No one reacted suddenly.

Wait till you understand what's going on.

"Robbery! Can anyone help me? Robbery!"

“.”

The north wind is howling.

Snowflakes fell from the sky.

It concealed all traces of people and all cries.

Naoio Nagano and his group braved the wind and snow and settled down at the Empire State Building.

Took a hot bath.

The fatigue all over the body was immediately driven away.

Take another sip of red wine and stand at the window to admire the surrounding scenery, it is really refreshing.

So beautiful.

The heavy snow covered the entire Manhattan with a layer of silver. Standing on the top floor and looking over, all you can see is a white world.

The pine trees in Central Park were also covered with snow. Many people were playing there. Looking down from the top floor, they felt a sense of exhilaration as if they were stepping on all the living beings under their feet.

The Statue of Liberty stood proudly in the distance, holding a torch, but was also covered by the towering white snow.

There are no buildings this tall in Japan, so it is impossible to experience the pleasure of overlooking the world from a high altitude.

As a member of the lower class of the Yakuza, Okamoto Kozhi had little chance to go abroad and visit the Empire State Building. At this moment, he was shocked by the beautiful scenery and the expression on his face was quite exaggerated.

"It's so spectacular! Is that the Statue of Liberty?"

"It's really spectacular! The Statue of Liberty is so sexy! It is said that Nakahara Yoshiko is negotiating with the Empire State Building about the acquisition. Maybe next time we come here, this will be our Japanese place! If we buy the Statue of Liberty and put on a kimono, it will definitely look even better!"

"This is a symbol of the United States, it must cost a lot of money!"

"Is money a problem? The inferior Americans once defeated us with weapons, and today we must buy them off and make them our colonies in Japan."

"I'm really looking forward to that day! I wonder which big shot will buy the Statue of Liberty!"

“But the scenery here is really beautiful!”

“.”

A bunch of idiots seriously discussed the sale of the Statue of Liberty.

certainly.

There is also demand for housing investment.

During the entire bubble era, everyone experienced the appreciation of real estate and became particularly interested in investing in real estate.

What about Manhattan?

As the financial center of the United States, housing prices here are now only over one thousand dollars per square meter.

In total, it is less than one-fifth of the price of real estate in Tokyo.

nature.

This group of people started to pay attention again.

Nagano Nao was enjoying the rare beautiful scenery, but his mood was completely ruined when he heard these idiots.

Buy, buy, buy! All you do is buy, buy, buy. Don't you know that you are hated? "Mr. President! What do you think of investing in real estate in Manhattan at this time? It's really cheap! All the major financial groups are buying assets here!"

Seto Shinnosuke asked for advice with a sly look in his eyes.

I have to say, this guy has a good vision to become the director of the Securities Investment Department.

It does not consider economic issues, income issues, or even analyze any fundamentals. It only talks about the strategies of major financial groups and follows behind.

In this respect, I am much smarter than many people.

History has long proven that before the times change dramatically, large conglomerates have a much longer-term vision than ordinary people.

"It's a good time to buy Manhattan real estate at the bottom right now. If you want to do it, you can go and have a look."

"So shall we go now?"

"You guys go ahead, I have someone else to meet later."

“.”

A group of devils from Seto and the company went out to raid the place in the snow and wind, while Okamoto Kozhi and a few others stayed in the Empire State Building as temporary bodyguards.

Bang!

There was a sudden knock on the door.

Okamoto Xiaozhi took out his gun, loaded it, and stood outside the door and asked, "Who is it?"

"It's me! Bei Dao!"

Open the door.

A man in a windbreaker stood at the door.

Okamoto Xiaozhi said excitedly: "Kitajima-kun! Why are you here!!"

This is obviously nonsense.

He was ordered by Naoyoshi Nagano to go to Su Mao, and suddenly appeared in the United States. Of course, it was because he received the order from Naoyoshi Nagano.

Not wanting to bother with Okamoto Kozhi, this idiot, Kitajima Masao came over and bowed deeply: "Sir! Kitajima is late!"

"It's okay!" Nagano said, motioning for Kitajima to sit down: "What's the situation over there?"

"Those Russians are greedy guys. They asked us to get an American citizenship for his whole family, plus a manor and three million dollars."

"These are all minor issues. What about the money?"

"I agree to approve the 1 billion ruble investment loan, but please forgive me for being blunt, sir, the ruble is a currency that cannot be circulated in the market and can only be invested in the Soviet Union. To us, it is no different from waste paper."

“.”

Once upon a time, it was the Internet era.

There is a widely circulated story.

The Americans used an evil conspiracy to short the ruble and plundered the Soviet Union of tens of trillions of assets and wealth.

And the name of this story is - Wanta Project.

However, in fact, such a thing is impossible to happen, just like Wall Street could not make money by shorting the Japanese stock market. In the Soviet Union, Wall Street could not make a penny.

Because the monetary unit in the usual sense has financial attributes.

This kind of financial attribute can be circulated and exchanged throughout the world without any restrictions and is only related to market supply and demand.

But today, during the Cold War, the ruble does not have financial attributes. It is not even money in the usual sense. Therefore, the ruble has always been called the accounting ruble rather than a monetary unit.

The so-called "bookkeeping ruble" can be legally exchanged for gold at an equivalent value, but in reality it cannot be freely exchanged for gold, nor can the ruble be withdrawn. Even if the law stipulates that it is allowed, no one dares to do so.

Its only function is to reconcile accounts at the Warsaw Pact Economic and Trade Council, but it does not have any financial or monetary attributes.

For example, if an East German company produced 10,000 color televisions, and the price given by CMEA for each color television was 200 rubles, then the East German company would have 2 million rubles on its CMEA bill.

At this time, a Soviet company produced one hundred cars, and the price of each car was set at two thousand rubles.

Then on the CMEA bill, the Soviet company would have 200,000 rubles, so the Soviet company could import 1,000 televisions, and the East German company could import 100 cars, so the Soviet company's money on the CMEA bill would be zero rubles.

The East German company still had 1.8 million rubles on its bills, without any financial activity involved.

Simply put, the "bookkeeping ruble" is essentially a token of value for barter trade.

Exchange for dollars, gold? Short?

It's simply impossible.

The Soviet State Bank was extremely perverted in its foreign exchange controls. There was some circulation in the black market, but only a small amount of funds could be exchanged, and there was no large-scale circulation at all.

There is no such thing as making money by borrowing rubles and paying them back when they depreciate in the future.

“You think I want to short the ruble?”

"Ah! Isn't that what your Excellency wants to do?"

"Of course! You're not so stupid that you don't even know what the most valuable thing in Maozi is!"

"They don't seem to have anything?!"

Kitajima Masao said with a bewildered look on his face.

industry?

Talent?

Technology? In today's Japan, except for the military industry, the heavy industry that the Russians are proud of is all garbage, and other industries are even more worthless.

Mitsubishi's technology is top- notch in the world.

car?

Toyota and Honda also dominate the world.

Apart from military industry, the Russians really have nothing good for Japan, and military industry is meaningless to Nagano Nao.

So Kitajima Masao really doesn't understand what Nagano Naoto likes about the Russian family, and why he goes to so much effort to bribe and invest in them.

"Bei Dao! Think bigger, understand? Money is essentially just a symbol of resource allocation. Although we cannot move the ruble offshore, we can invest in cooperation with those bigwigs and help them realize their wealth. Isn't this an opportunity?"

"But these are not worth much!"

"Idiot! Market prices are never determined by demand. Just keep doing what I say."

“.”

(End of this chapter)


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