Extraordinary Genius

Chapter 895 Floating Exchange Rates (Request Tickets)

Please enter the body “This is your company? That's not good either. So many people are crowded in such a big place, it's still a mess.” Feng Xingtai commented after seeing the wind and rain consultation.

“Dad, don't you know how expensive it is to rent an office in Xiangjiang? ”

“How much more expensive can it be than the capital city? ”

“Eight times the size of the capital!” Feng Yu said, hand by hand.

“What, this place, this fucking building, eight times more? Isn't that robbing money? You loser, how can you get such an expensive office!” Feng Xingtai almost jumped. How could it be so expensive?

“So, I bought this building two years ago, and the other floors were rented out. Where they saved up, they're making us money. ”

Feng Xingtai immediately smiled: “Ah, this floor is ours. It's understandable that Xiangjiang is an inch of earth gold! ”

Seeing Dad's attitude change rapidly, Feng Yu shook his head with a smile.

“Dad, I may be busy these days, so I'll see you at night. ”

THAILAND GOVERNMENT ~ THE GOVERNMENT OF THAILAND WILL BE SOON TO TAKE THAT “Seems Right” MEASURE TOTALLY BREAKED AND THE THB WILL BE HEART BREAKED.

Now that the Thai baht has reached 28: 1 against the US dollar, there will certainly be another drop tonight. The Thai government ~ all the money borrowed by the government has been thrown in, but it still can't fight the Soros army.

Feng Yu will also be watching here. Before that Thai policy is put in place, he will be watching dead.

“Come on, for the sake of the country, Dad understands you.” Feng Xingtai clung to Feng Yu's ear and said in a mysterious whisper.

Feng Yu is a fog. Why the country? I'm making money for myself. He saw his eyes shining brightly, smartly and without asking.

The company just like that, nothing to look at, Feng Xingtai was just being pulled away. Everyone else was waiting. They came in the name of the tour group this time, how about a visa?

Leena's parents are here, but they didn't come to the office. They're waiting in the car with Leena.

This time, Feng Yu's performance satisfied Lena's father. There were not enough seats. Feng Yu and Li Shiqiang stood aside. They were seated.

Since then, Li Na's father has also looked away. Feng Yu seems to be doing nothing wrong. This kind of good thing, thinking about them, is kind of heartfelt. Some son-in-law doesn't even care about father-in-law mother-in-law, she knows to abduct other people's daughters.

Feng Yu also said that he should stop working and take the couple directly to the capital, but he definitely didn't agree. It's not that I can't afford this job, it's not that I don't want to go to the capital, but my father-in-law went to live with my daughter's son-in-law. It's like he's greedy and cheap with the Feng family. What should the family think of their family, especially if the two children are not married yet? He can't abandon that person!

If when he retired, the two of them had children, could they have said in the past that they were helping to watch them?

“Boss, you're happier than me. My parents were gone when I started mixing up.” He Mgi exclaimed.

“Then you will have to fight hard for your wife and children. This time, you will get enough money to retire directly to old age!” Feng Yu patted Ho Zhaoji on his shoulder.

“I'm not ready to retire so early, so long as the boss doesn't kick me out, I'll work a few more years.” He Zhiji said with a smile.

“No problem, you guys do it right, I won't hurt any of you. Those baht we have in hand are ready, once the Thai government ~ government adopts floating exchange rate system, cooperate with Soros, sell quickly, hit people's confidence in Thai government ~ government, hit people's confidence in Thai baht! ”

“Already ready ready, waiting for the news to show up. ”

Yesterday, they were watching Xiangjiang return, and they didn't sleep very well. At this time, they still have some red eyes.

Unlike other companies, other companies refresh themselves with coffee or tea, and their companies use blue cans, not to mention that drinking this beverage can really make people less tired.

……

“Admiral, this is the only way we can afford it. If we can't borrow the money, the baht will keep falling. We fix the exchange rate and it's long gone.” Ba Song suggested.

Fixed exchange rates had failed, and all the money borrowed had gone into them, which would not help. If the money they borrowed was in place, maybe they could struggle. Unfortunately, the money came in slowly and was once again consumed by Soros's little encroachment.

Only by breaking the fixed exchange rate system, using a floating exchange rate system, introducing more external funds and purchasing THB will it be possible to make THB more resistant.

The trick is simply to dig up the flesh for sores, which looks good on the surface, but is of no use at all.

But this is the last resort of the Thai government ~, they believe that, based on the supply and demand relationship, they bought so many baht, then the baht should be in short supply and demand, while the dollar is in a situation where the supply is greater than the demand.

In this way, Soros is not only facing the Thai government, but the Thai government has also been relieved of the fixed-exchange-rate system of economic policy autonomy.

Most importantly, under their multi-country agreement with Southeast Asia, those countries also retain a lot of baht, and if they don't want to lose, they have to buy baht enough to raise the exchange rate of baht.

In Ba Song's view, this is a move to force other countries into Thai tanks, and although it may not necessarily pull the Thai Baht's exchange rate back up, it will at least not fall again.

If you fall 30: 1, then Thai inflation will inevitably happen!

“Are you sure this will prevent the THB from falling further?” Chwari is a little confused.

“This is the last option, the floating exchange rate system, which could have spontaneously reconciled the balance-of-payments function and helped curb a massive wave of financial speculation, which fits our current situation. ”

These are all theoretical advantages. But his half-hung level, he had no idea of the shortcomings of the floating exchange rate system, which would pose greater foreign exchange risk to trade and financial activities, inflationary tendencies in monetary policy would increase, and would be more exposed, the original value of the baht would be false!

But the good news is that he doesn't understand it, and the new financier understands it, but he can't think of any better way, so shut up and don't talk, he doesn't want to become a backstabber himself.

If he succeeds in this policy, he will also get some credit. And if this policy fails, then he must be responsible for it, so he supports it with his hands up!

“Well, if the baht continues to fall tomorrow, we will announce that we have a floating exchange rate system and that the government is no longer in charge!” Bavaria made a tough decision. Although he did not understand finance, he also felt that it would be less regulated and more dangerous.

But in Thailand at the moment… he had no choice!

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