Please make money.

"We set the value of a cup of milk tea at ten yuan." Jiang Wei pointed at the milk tea in his hand: "But if you want to exchange it for benefits, you need to cash it out, right?"

"Ah."

"If you monopolize all the milk tea on the market, for example, there are 10,000 cups, and you raise the price from 10 yuan per cup to 100 yuan per cup, does that mean your wealth has increased tenfold?"

"correct."

"But if you don't cash out, then these floating profits are meaningless and are false numbers. At this time, you need to sell them out, but who would buy a cup of milk tea for 100 yuan?"

“Yeah, who’s going to buy it?”

"The answer is that you need to control the market at this time. When there is insufficient buying, your forced selling is likely to cause a sharp drop in prices. When no one wants to buy your shares for one dollar, your assets will shrink tenfold. This is not acceptable, so you need to achieve zero-risk profits."

"Zero risk? Can it be done?"

“Yes, although a single spot market is not possible, you can achieve it through hedging.”

"So what should I do?"

"When the milk tea you supply to the market is scarce, you can create the illusion of panic buying and push up the price. Under the natural market rules, the price of milk tea will drop. When it reaches a certain price, you can buy it back. In this way, you can cash out at a high price while increasing your holdings at a low price."

Sister Jing thought about it, looked at the milk tea in her hand, and then thought of a loophole: "Someone bought a lot of my milk tea, so he also sells it? Is he also controlling the market?"

"This is the meaning of hedging. Controlling the market is just a means, and cashing out at high levels is the goal. All financial institutions, including hedge funds, want to lock in profits as much as possible without losing the ability to control the market. In other words, they want to have the initiative and make more money."

"Can this be done?"

"Futures were born for this reason. If there is a milk tea futures market, then you can choose to go long or short, and you can make money if the price goes up or down."

Sister Jing was shocked: "That's right - futures!"

"Futures were originally created to avoid risks." Prime Minister Lei finished processing the documents in his hand and interrupted, "But now it has become the market with the highest risk. The existence of forward trading contracts is reasonable, but it is really a luxury to expect humans to remain rational forever."

When something has a loophole, or can be used as a tool to exploit the loophole, intelligent humans begin to enjoy it.

"It is confirmed. Siam's current foreign exchange reserves total only 120 billion, which is even less than we thought."

Jiang Wei stopped entertaining Sister Jing and took the list from the boss and glanced at it: "How could it be...didn't they say there were still nearly 200 billion?"

"That's just saying. They previously borrowed a large amount of short- and medium-term foreign debt, of which nearly 60 billion has matured."

"What about the remaining 10 billion?"

"The King of Siam upgraded all his private jets, spending nearly 8.3 billion. The money has already been deposited into his account."

Jiang Wei was stunned: "Eighty-three hundred million?!"

"Yeah, dollars."

"According to the current fixed exchange rate, this war cannot be fought. The 120 billion foreign exchange reserves cannot absorb the depreciation of the Thai baht in the market."

"How many are coming from the other side?"

"Not counting Sorokin and his group, the conservative estimate is 150 billion, and now they have begun to promote the devaluation of the Thai baht."

"Brother Fan - Brother Wei - the latest news!"

A subordinate came over in a hurry and handed over two documents: "Nine financial companies involved in Siam's domestic asset management and two companies related to housing loans have all experienced insufficient liquidity. The National Bank of Siam will announce their investigation results tomorrow. It is certain that the asset quality is not high."

After reading it, Lei Fan opened another document and frowned immediately: "When did this happen?"

"According to the time difference, just now, the international rating agency lowered the long-term credit rating of the three major banks in Siam by one level."

"Oh my god..." Jiang Wei took a deep breath. "When the news starts tomorrow and the stock market opens, won't it collapse at the speed of light? There will be so much bad news!"

"A large amount of short-term debt in Siam has flowed into real estate. When our people went to do field research, they found that they couldn't even pay the interest, but the banks were still helping those real estate developers borrow US dollars. Once those hot money goes out, they will all die."

"Brother Fan, why don't we talk to the young lady and ask her not to get involved in this matter? Siam is courting death!"

"No, I'll make a phone call." Prime Minister Lei shook his head, took out his cell phone and went to the balcony.

Sister Jing was confused: "Um - can anyone tell me how we can win?"

"International hot money is shorting the Thai baht. If you want to win against them now, it's very simple. Just add $100 billion to Siam's foreign exchange reserves and it will be stable. They can't even take in so much money. Not only do they have to pay back what they borrowed from banks, they also have to pay interest. More importantly, sufficient foreign exchange reserves can ensure that those Siamese traitors don't follow the international hot money to cause trouble."

"There's another traitor?"

"There are so many. Guess who the biggest one is?"

"Who?"

"The Grand Palace - the King of Siam, if they don't care about the lives of the people, the US dollars they can get will be no less than what international hot money earns."

"Then why should we help Siam?"

"Because of the young lady." Jiang Wei folded the information in his hand and said, "Let alone Siam, the entire Southeast Asia has a similar industrial structure. If international hot money gets a taste of the sweetness in Siam, they will definitely go to other places around to organize team building. We can either be bad guys together, or stop them here, increase their costs, and make them afraid."

"How is it possible to do that? Our Ai Group only has tens of billions of dollars after it was emptied."

"Yes, I think so too—"

"We can do it." Prime Minister Lei came back and closed the door behind him. "The Rothschild Foundation has reached a loan agreement with the Siamese government for 800 billion US dollars."

"Is this true? They were the ones who led the charge before, and now they're the ones taking the blame? They're trying to have the best of both worlds, right?"

"In addition, the Siamese royal family is counting all its overseas assets and preparing to invest them in foreign exchange reserves, which are estimated to be close to 3 billion."

"So noble? Is the King of Siam crazy?"

"died."

"……what?"

"The King of Siam fell and became a vegetable. He is not far from death. The one in power now is Princess Sirindhorn. She has entrusted the Rothschild Foundation to handle the assets. Rothschild will make a lot of money as the middleman this time..."

"What about us?"

"We have a partnership agreement with a special foundation, so much."

Prime Minister Lei raised his hand and pointed three fingers, which confused Jiang Wei. "Three billion US dollars? Who would ask us to manage so much money?"

"30 billion - plus our 10 billion, the Rothschilds made the lion's share this time, but the piece of meat in the middle is ours."

"3, 30 billion?!"

Jiang Wei's first reaction was not happiness, but to come over and grab Lei Fan to prevent him from jumping off the building: "Brother Fan! Brother Fan, I know you are under a lot of pressure! Don't do that!"

What a joke, giving 30 billion in cash assets to someone else for custody and disposal, and in US dollars...

This is equivalent to Alia packing up all her assets and then stuffing it into the hands of a stranger, saying, "I see that you have extraordinary talents and must be a financial genius picked from thousands. Let's do business with my money. If we make a profit, we'll split it 50-50, and if we lose, it's mine."

Lei Fan shook his head: "I'm not kidding, the money is already on the way, and now those speculators are still borrowing it?"

"Of course, we all know so much bad news that a panic buildup of the Thai baht in Siam tomorrow is almost certain."

"Let them continue. Nearly 150 billion in funds are on the way. Let them have one last crazy night."

Borrowing money requires interest. The interest rates for borrowing from banks or private individuals are very high, and some are even at the lower limit of usury.

As long as you can short the Thai baht, it doesn’t matter. The more you borrow, the more you earn. But what if you can’t short?

What’s more important is that the short-selling groups have a large number of short orders, and they have established short positions in Thai baht several months in advance.

If they can be forced to close their positions this time, the profit could even reach tens of billions - equivalent to earning one-third of the Ai Group in one go.

"Wait, the most important thing is not us, but the attitude of the Siamese royal family. If they don't act like traitors, then we will definitely win."

"What if they are traitors?"

"That proves that they want to keep their own money, not the country, and we can't help them..."

……

……

"That's our money! My money!!"

In the Grand Palace, the angry Thousand-Year-Old Queen Mother waved her cane, wishing she could beat her daughter to death.

Princess Sirindhorn, who was already very old, sat in a wheelchair, facing her mother with her head down, and did not make any excuses.

"How much did you take out? How much did you take out—"

"……all."

"Impossible! Absolutely impossible!" The Thousand-Year-Old Queen Mother's hands were shaking: "Impossible! It won't be that fast!"

"All the money in the account, the assets entrusted to the Roche Foundation, and the money I want to recover from Brother Wang's consumption, should be more than 30 billion, close to 40 billion, but it's still not enough."

"not enough?!"

"It's not enough. I'm going to borrow money from the IMF and use the royal family's real estate as collateral."

"You're crazy!" The Thousand-Year-Old Queen Mother covered her chest in anger, "Are you going to squander all the family fortune you've accumulated over two hundred years?"

"If Siam's industrial development collapses, it will be meaningless no matter how much money the royal family has! Since we are the king recognized by this country, we must be responsible to the people!"

“But that’s our money!!”

"That's Siamese money—"

The confrontation between mother and daughter has escalated to the point of being on the verge of a showdown. Princess Sirindhorn has simply gone to the other extreme. Not only did she not join the international hot money in plundering Siam, she also planned to break up the entire royal family's assets and use them to fill the hole and save the market. You have to know that this was the wealth that the royal family had accumulated for two hundred years.

The King of Siam owned more than 20,000 acres of land in Bangkok alone, and the land in the downtown areas of other cities also belonged to him. The rent alone amounted to hundreds of millions of dollars each year.

"Brother Wang has more than 600 cars, what's the use? We only need one car for travel. Brother Wang has dozens of palaces. How much does it cost to rent the hotels every year? Are these all necessary? We can do more things!"

"I knew it...I knew it—I knew it!"

The Thousand-Year-Old Queen Mother pointed at her daughter and said, "I knew it! You killed him, right? Right! I know you have always been dissatisfied with him!"

"...No, mother, listen to me, Siam must survive this time. If we lose our country, our accumulated real estate wealth will also shrink significantly. We cannot only focus on the immediate benefits, and -"

"No and! I'm not dead yet! Do you want to have the final say on everything? I don't agree!"

"I have already signed an agreement with Ms. Qin."

"Let Dipangkorn take the throne... let him take the throne - you come down! You are not allowed to manage these things! Let him come!"

"Tibanggong's IQ is only equivalent to that of a child of a few years old."

"And me! And his sister!"

"…What if I say no?"

"You have no right to speak! No!"

At this time, a voice came from outside the window——

"What if I say no?"

The Thousand-Year-Old Queen Mother was startled and turned back suddenly to look.

There were two people standing on the balcony outside the window.

A man dressed in black still liked to walk on the balcony instead of going through the main door, with an exaggerated heavy sword on his back.

The other one was dressed in white, like a ghost...

"Well... although I am not very interested in disturbing other people's family affairs, Princess Sirindhorn and I are friends, so--"

Princess Sirindhorn breathed a sigh of relief: "An--when did you arrive?"

"I just got off the plane. After all, I'm not like some people who can borrow a fighter jet. I took the Concorde."

"…Didn't the Concorde stop operating?"

"If you need it sometimes, you can always use it again, right? But it seems I came at a bad time."

"No, you came at the right time." Princess Sirindhorn stood up with the help of the handrail: "Mother, you are tired, take a rest."

"you--"

"I will let Dipangkorn take the throne, but before that, I have to complete the reform of the economic order in Siam, cut public spending, implement a floating exchange rate system, restructure bankrupt financial sectors, liberalize foreign investment in the financial sector... There are many things to do, don't stop me."

"...Qin, you said you would not get involved in the affairs of the royal family!"

"Yes, I didn't participate." Qin Liuli crossed his arms and said, "Which eye of yours saw me participate? I didn't say that just now."

"Then what happened to her?"

"How should I know? I'm not familiar with her. Really, there's no big relationship between us."

Aunt An just smiled, held up a whisk and placed it beside her: "Donor, I bow to you..."

"who are you?"

"I'm just a tourist passing by. If you must say something - Huanxi Temple, would you like to know more about it?"