Violators Club

Chapter 753 Currency Wars

Chapter 752 Currency War
It was already late at night, and in a bar in Frankfurt, Sebastian, who smelled of alcohol and was clearly agitated, forced Clemens to come in, even though this was already the fourth bar he entered tonight .

But Sabatisian still shouted bravely:
"Two beers, thank you."

Clemens next to him was also reeking of alcohol, but his eyes were a little clear. Watching the bartender skillfully bring two glasses of beer, he couldn't help but feel the alarm:

"Sebastian, it's almost done. We've had enough tonight, we have work tomorrow, and..."

Even if the degree of beer is not high, it is usually drunk as water.

But the amount they drank tonight was seriously exceeding the standard.

Clemens knew why his colleague was so excited. Before that, he bought a batch of euros at a low price. Now that the exchange rate of the euro is stable at 1.15, he can earn 10,000+ at least.

But Clemens is still a little worried. After all, today is only the first day for the euro to enter the financial market. The most important thing is that they will have to work tomorrow.

Just to dissuade Clemens, Sebastian next to him waved a big hand, and he breathed out drunkenly: "It's nothing bad, you just think too much on weekdays, and today's exchange rate you are not I didn’t see it, it’s completely stabilized.”

As he spoke, he pushed a large glass of beer over.

Looking at the bubbling beer in front of him, Clemens stared at it for a while, and finally picked it up helplessly:

"Okay, the last one, let's go home quickly after drinking."

Watching his old colleague pick up the wine glass, Sebastian grinned, and then shouted to the bartender not far away:
"That's right, two more beers~~"

Late at night in Frankfurt, I don’t know how many lucky people like Sebastian are reveling in the bar. The exchange rate during the day surprised many people, and the strength of the euro made countless smart people discover a new way to get rich.

But is this really the case?

On the morning of January [-]th, due to the outstanding performance of the euro yesterday, the euro ushered in a small increase as soon as the door opened.

Although the rate has slowed since then, a large amount of capital inflows has steadily increased the value of the euro.

The currency war between countries is actually a process of burning money with each other.

Assuming that the total wealth of a country is 100 billion, [-]% of the wealth is the value of the country itself, and [-]% of the wealth is invested in the financial market in the form of currency.

In theory, this 30% is worth [-] billion.

But if the 30 billion wealth is recognized by the market, and they are scrambled on a large scale, and finally sold at a high price of 60 billion, although there is no change in the country, the actual wealth is 130 billion, and the total value will soar to 200 billion.

Although the latter is suspected of water injection, the former is a real improvement.

In the same way, 30 billion can become 60 billion, and 60 billion can also become 30 billion, and even lower.

This is why an open currency exchange rate is a disaster for a small country, because in the face of a huge capital flow, a small country simply cannot withstand it and is destroyed in minutes. Only a big country can cope with this level of shock.

A financial institution in Frankfurt, Sebastian holds a cup of coffee with a happy expression.

The financial market has always chased the rise but not the fall. If the euro falls wildly, it will inevitably trigger a chain reaction, which will lead to a major currency crash.

But with yesterday's bottom line, coupled with this morning's brilliant performance?
Sebastian is very proud. He knows that some of the retail investors who are waiting and watching have already started to bet, but the real big force has just entered. Thinking of the euros he bought at a low price some time ago, he has now earned 10,000+ for himself.

The smile on Sebastian's face widened.

Judging from the current situation, I must have made money, the difference lies in the question of earning more and earning less.

Holding a cup of coffee in his hand, Sebastian hummed a little song leisurely while manipulating the amount on the interface.

He was very lucky. He thought it would be more difficult to buy euros now, after all, the market is tight, but he didn't expect to receive over one hundred thousand euros in just three to ten minutes.

And this is just my own private account.

In the company's account, he has already acquired 350 million euros.

Judging from the previous increase, the minimum bonus at the end of the month is five figures, and when Sebastian is working hard to live a prosperous life in the future?
Clemens next to him patted him on the shoulder solemnly:

"Stian, come and take a look."

Sebastian glanced casually, but didn't respond:
"what happened?"

Clemens shook his head, pointing to the constantly refreshed trading volume on the market, his expression became more and more dignified:
"Look carefully, is there anything wrong?"

This made Sebastian look even more puzzled:

"I don't understand, isn't this normal?"

Glancing at the colleague whose brain has been dulled by the joy of money.

Clemens took a deep breath, and his tone was serious and dignified: "Don't you think we bought too many euros this afternoon? After a rough estimate, at least 10 billion dollars worth of euros have been sold in the last 40 minutes .”

After the words fell, Sebastian's pupils shrank. As a trader who has been in this industry for many years, he knew exactly what this unusual signal meant, which made his expression a little frightened:

"Should...should be just normal market regulation?"

Clemens shook his head, his expression was a little indifferent, and at the same time, there was a bit of worry in his eyes:

"Is this normal market regulation? Don't lie to yourself. Eagle sauce has made a move. The first wave of tests for the euro is coming soon. I will go to the boss to report the situation. As for your side..."

Having worked together for many years, Clemens knows exactly what his colleague likes to do on a daily basis.

If I guessed correctly, the other party invested a considerable amount of assets in Euros, with a somewhat hesitant look on his face. When it comes to money, there are many things that are difficult to talk about, and it is easy to be blamed, but in the end he still opened his mouth and said:

"If you believe me, sell what you have while you are still in a high position. When you are locked up, you really can't leave."

After speaking, Clemens patted him on the shoulder, got up and walked towards the boss's office, leaving Clemens with a struggling expression sitting alone in front of the screen.

And in New York, which is separated by an ocean, inside a financial institution on Wall Street, looking at the computer screen in front of him, President William looked anxious like a fidgeting monkey:

"Karen, how are things going?"

Different from President William, even in stark contrast, is Karen next to him.

He was wearing a blue suit, holding a magazine in his hand, with a huge floor-to-ceiling window by his side, steaming black tea and an exquisite refreshment on the table in front of him, giving people the feeling of having an afternoon drink The prince of tea.

Following President William's question, Karen looked away from the magazine, and casually glanced at the screen in front of President William:
"The euro has collapsed."

This made William very dissatisfied. He curled his lips in a complaining tone: "Although I don't understand finance, I can understand what is written on it. The exchange rate of the euro will soon reach 1.18."

If other people were told that, they would be terrified. After all, the person who said this was one of the most powerful people on this planet, but Karen didn't care, and even got angry directly:

"My God, you don't think I, an intelligence officer, know more about finance than you do?"

William was so angry that he could only laugh dryly:
"Isn't this in a hurry?"

Concern leads to chaos. In order to solve this crisis, he spent a lot of money and pulled a trillion dollars from the finances.

If I can't achieve immediate results, I'm afraid I will die a miserable death.

But Karen next to him shook his head. He put down the magazine in his hand and looked at William seriously:

"Professional things are left to professional people. What you need to think about now is another thing. Don't forget why you came to New York."

William was silent, his expression changed for a while, and finally let out a long breath, and the anxiety in his eyes gradually dissipated: "Karen, thank you, you are right, I should think about this issue carefully."

(End of this chapter)