Kovsky acted quickly. On the third day, Feng Yu signed a loan contract. The loan was 100 million rubles. The principal and interest would be repaid in one lump sum after six years. The annual interest rate was 13%, calculated as simple interest. . Updates so fast.
Feng Yu only gave Kovsky a kickback of three million rubles, and also prepared a red envelope of one million rubles for Brother Ke. Although the repayment time is slightly shorter, Feng Yu can completely accept it, and the interest rate is lower than he imagined.
The money arrived in Feng Yu's account in Xiangjiang, and Feng Yu immediately transferred the promised amount to others.
"Brother Ji, I think I can accept a higher interest rate. There is no need to argue too much about the interest rate." Feng Yu wanted to give him less rebates and use high interest rates to 'tempt' those bankers to lend him illegal loans. .
Why wouldn't Kirilenko agree? Feng Yu is willing to pay high interest, which will make it easier for him to operate. Today they are going to meet with the president of the Belarus branch.
What Feng Yu is pursuing now is efficiency, and he must get all the loans in the shortest possible time. Because in a few months, under the stimulation of dual exchange rates, the official exchange rate of the ruble to the US dollar will quickly increase from 0.6:1 to 1.8:1, while the market exchange rate will depreciate even more!
In three consecutive Soviet state-owned banks, Feng Yu, with the help of Kirilenko, successfully obtained loans of 100 million rubles, totaling 300 million rubles, and the total rebate paid was only 11 million rubles. The rebate seems to be very high, but compared with the profit that Feng Yu is about to obtain, it is nothing!
"Feng, do you want to continue with the loan? Those branches in small allied countries may also be able to lend money, but the loan amount will definitely not be so high."
"Can I still continue to borrow money? Brother Ji, as long as I can get a loan, even if each bank only lends 10 million rubles, I will lend it!"
Such a good opportunity is rare in a century, so Feng Yu must strive for the maximum benefit.
Kirilenko didn't understand. Why did Feng Yu borrow so much? The interest rates were getting higher and higher, but Feng Yu didn't seem to care. How should he invest this money to achieve such high profits
When Kirilenko helped Feng Yu get the last loan from a state-owned bank. Kirilenko finally couldn't help but ask.
Feng Yu has actually been waiting for Kirilenko to ask him. This time he plans to bring Brother Ji with him. If everything goes well, he wants to invest in some minerals with Brother Ji.
Mining in the Soviet Union would be impossible without the support of local forces.
In January or February next year, when the Gulf side takes action, it will be a good opportunity for Feng Yu to acquire oil fields. At that time, oil prices will fall, and the prices of oil fields will naturally fall as well. In addition, the ruble has depreciated significantly. Even if a high-priced purchase agreement is signed now, as long as the ruble depreciates more than three times after a period of time, the purchase price will be too cheap!
"Brother, do you remember what I told you? This is a good opportunity to make money. If the Soviet Union is to disintegrate, what do you think will happen to the ruble?"
"Ruble? How can the ruble change? After its disintegration. At worst, even if each country issues its own national currency, the ruble will still be the main currency." Kirilenko was somewhat disapproving.
"Brother, look. In your country, you can also buy major daily necessities with tickets, right? And the same is true in our country. But after the opening of the market economy, people don't have tickets, but they have money and still want to buy things. This will happen It will lead to an increase in the prices of consumer goods, right?”
"It's just a price increase. This is normal. What's wrong?" Kirilenko still looked confused.
Feng Yu shook his head. Brother Ji seems to have no understanding of finance at all. When supply is less than demand. Prices will rise rapidly, inflation will occur, and the currency will depreciate.
Especially now that the Soviet Union has such low scrutiny of foreign banks, large foreign banks in Europe and the United States have begun to expand crazily across the Soviet Union. They used some gray means to obtain large amounts of rubles from state-owned banks and state-owned financial institutions in the Soviet Union, allowing the Soviet Union to print more rubles, which also caused inflation to increase rapidly.
"Brother, have you ever thought about why those foreign banks borrow large amounts of money from your state-owned banks? Do you still remember what President Kochev told us when we were negotiating loans at the Bank of Belarus? He said that several foreign banks had borrowed large sums of money from the Bank of Belarus in order to invest in some engineering projects. Do you think those projects can be realized?"
"Of course it's impossible. We actually want to build real estate in our Soviet Union. Everyone in our Soviet Union has a house to live in. Why do we need so many houses?" Kirilenko said disdainfully. He felt at the time that those foreign bankers were all Silly x, if you build a house and sell it, someone has to buy it to make money. Are we in the Soviet Union short of houses
Are those people stupid? The person in charge of the Soviet Bank is an idiot! Those projects are obviously fake, just to get loans. Perhaps the people in charge of those banks also understood that they were just taking high kickbacks in order to line their own pockets.
Why did Feng Yu say that Brother Ji could acquire minerals from the Soviet Union? Because the Soviet Union was also undergoing joint-stock reform at this time, that is, all employees of state-owned enterprises were issued company stocks. On average, each person could receive assets of 10,000 to 20,000 rubles. According to the current exchange rate It seems that it is definitely not a small amount.
The people of the Soviet Union have money, but their lives are still not good. There is no way, and there is a serious shortage of living materials. Save the money. Where to save it? Foreign banks offer higher interest rates on deposits and have better service attitude. You get free coffee and black tea when you enter the door, and they all provide service with a smile.
So the Soviet people deposited all their money in foreign-funded banks. The state-owned banks did not have enough money, and there were not enough coins in circulation. What to do, print it, do you think this can avoid inflation
"Brother, do you think those foreign banks are stupid? But have you ever thought that all your money is deposited in foreign banks. When the amount of money reaches a certain level, it will affect the prices of your Soviet Union . Especially since you are now engaged in a market economy, it is easier for them to 'manage' price increases and ruble depreciation."
"What did you say, the ruble devalued?" Kirilenko was unhappy. How could the ruble depreciate
"Yes, originally a piece of clothing cost ten rubles, but due to the market economy, the highest bidder gets it, so the price of this piece of clothing may become twenty rubles, but in fact, the same piece of clothing is purchased. This will reduce the value of the ruble by half in disguise! This will cause inflation! Do you understand inflation?"
Kirilenko shook his head blankly, what is inflation
Feng Yu was so angry that he couldn't explain it to such a person. He didn't even understand basic economic vocabulary.
"Anyway, you have to know that the ruble is going to depreciate. It will depreciate immediately and quickly. I will convert the ruble loan into US dollars, or RMB, or Japanese yen. After the ruble depreciates, I will exchange it back. I will make a profit. Do you understand?"
"That's why you want a loan? Why do you have to repay the principal and interest together? Then tell me, is the depreciation serious?" Kirilenko suddenly realized that this was Feng Yu's idea.
"If you believe me, find connections now, and get a loan yourself, I guarantee that within three months, the ruble will depreciate crazily! You will at least double the profit!" q
ps: This chapter is uploaded regularly. The fourth child should still be at the station to see his father off. The Chinese New Year is coming, and what the fourth child is most afraid of is meeting his relatives and elders at home, fearing that they will ask: Do you have a girlfriend? What to do now? I'm still writing a novel. How much money do I earn in a month? Is it enough for food? Is it enough to pay the rent? I never thought about going home and finding a stable job.
I hope everyone will support Lao Si more so that when Lao Si goes home, he can tell them firmly: The income is not bad! ! !