Chapter 1008: No One Believes the Truth

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"Brother-in-law, just talk about it and let us open our eyes. Pen %Fun %Pavilion www.biquge.infoβ•”β•— "A few young people such as Han Jing over there also came over, wanting to hear what Ye Kai has to say, can he talk to these half-old men together?"

Immediately the crowd stirred, and the two groups of people became one.

If you are free, people like Han Jing have no right to speak at all.

Tonight, it was because Ye Kai was here, and he was talking to these elders, so Han Jing and the others came over with a shy face and interjected two words, if it weren't for that, there would be no room for them to talk at all.

Ye Kai looked at them, smiled and shook his head, but still decided to say something to save them all from worrying.

In fact, at Ye Kai's current level, although it is not to say anything that is said to be a prophecy or something, but with his identity, his level, his influence, and his judgment of the overall economic trend, he can say two sentences casually, which can also make many people feel very weighty after listening to it.

"Since you want to hear it, I'll just say a few words. β•”β•—" Ye Kai pondered for a while before he said, "Although I usually focus on the international futures market, I also have some research on the currency situation and financial industry trends of major countries. ”

After Han Jing heard this, he couldn't help but be speechless, and said in his heart that the eldest brother-in-law is awesome, while being the mayor, he still has time to study these issues, which is indeed not something that ordinary people can do, not to mention that Ye Ershao is in the inner circle of the capital, and he also has the reputation of a jade-faced little tiger, which means that his woman popularity is better.

Such an all-powerful character, but so young, is indeed rare.

Regarding Ye Kai's pointing to Chu Jingxuan, a sentence of war in the overseas market is worth one billion dollars. The children of Jingzhong know not too little, so they also have some admiration and envy for this Ye Ershao, Han Jing and others have also heard of it, so they are so convinced of him, after all, no one has ever done such a thing.

If you put it on ordinary people, even if you are given a capital of one or two hundred million US dollars, let you go to the overseas futures market to play. You've got to have that guts, too.

That's the Longtan Tiger's Den. If Cāo doesn't do it, he may lose in a day and he won't even have pants to wear. β•”β•—

"In some aspects, while improving the efficiency of the financial market, it also has its effect on reducing the efficiency of the financial market in other aspects." Ye Kai said, "The integration of financial markets, countless financial innovations, and the emergence of a large number of financial institutions have reduced the transparency of the financial market. Bank clients are faced with extremely complex derivatives. The advice of the bank can only be followed, which makes the bank's enthusiasm for improving efficiency decrease. In addition, the expansion of financial market capacity presents opportunities for banks. At the same time, it also reduces the pressure on banks to reduce costs and increase efficiency. ”

In Ye Kai's view, the ziyou of finance has led to a significant decline in the motivation of banks to devote themselves to financial innovation.

Under the conditions of strict financial control, financial institutions, especially commercial banks, are forced to constantly introduce new financial products. In order to circumvent financial control and enhance its own competitiveness.

Most obviously, the ziyouization of finance increases the risk to customers and the financial industry itself.

The lifting of interest rate and exchange rate controls has led to a sharp increase in market volatility, and the abolition of the system of separate management has been followed by the implementation of the omnipotence of commercial banks. Commercial banks are heavily involved in high-risk business areas, and risk assets have increased significantly. β•”β•—

"The reduction of barriers to capital flows and the opening up of financial markets in various countries have accelerated the international flow of capital. While theoretically, smoother capital flows can contribute to the optimal allocation of resources, the shock of floating capital can sometimes be very harmful under semi-perfect market conditions. When Ye Kai said this, he thought of the Southeast Asian financial turmoil a few years later.

If it weren't for the impact of financial ziyou, it is estimated that Southeast Asian countries would not have become ATMs for Soros and other investors, and after being swept away by these financial predators, they would not be able to recover from that dilapidated scene for several years. (.

Moreover, because bank customers are overwhelmed by the extremely complex derivatives, they can only follow the advice of the bank, and the resulting cases of bank employee fraud are frequent.

At the same time, under the conditions of intensified competition, in order to pursue efficiency, banks generally have a tendency to ignore risks and pursue profits, relax customer scrutiny, customer default rates continue to rise, and bank fraud is not uncommon.

Many years later, the bankruptcy of several major financial institutions in the United States also has a lot to do with the promotion of financial ziyou.

"It's early days, so it looks like it's mostly positive, but after a few years, the drawbacks are coming and you're going to have to pay for the impulses you have now. β•”β•—" Ye Kai looked at everyone and said slowly, "But it depends on how to say this, from a personal point of view, it is indeed easy to make political achievements at the moment, as for who will pay for it in a few years, that is the concept of the dead friend not the dead poor road." ”

What Ye Kai said, although it sounded uncomfortable, was actually what it was.

Domestic officials, in order to make political achievements and be promoted, can be said to have tried their best, there is nothing they can't do, as for the pursuit of short-term benefits, do not hesitate to borrow for development, leaving a big hole for future successors to fill, that is more, can only be said to be very common.

It's just that if you want to do this in the financial field, the harm is indeed very great, so several people here listened to it, and there were some sneering expressions on their faces, they are all people who have been developing in the financial industry for a long time, and it is naturally impossible to pursue short-term effects so short-sightedly.

If it is really as Ye Kai said, the promotion of financial ziyou will be followed by such serious consequences, then what should be done in China is worth careful consideration. β•”β•—

"Your words are too hard, at least a few of us will not be so short-sighted and pursue one-sided short-term benefits." After a while, Chu Yunsong shook his head and said.

"yes, we're not going to do that." Several others also said.

Ye Kai nodded, but he knew that they were telling the truth.

After all, these few of them, in the domestic financial circle, have already achieved the extreme, if they want to take the risk of promoting financial ziyou, regardless of the future impact, just to win a temporary reputation, then they will not be able to get to their current position.

Some people need to climb up, so they need the support of short-term political achievements, but people like Chu Yunsong have already taken root in this circle, and it is impossible for them to jump out of this circle to develop, but they will not be so short-sighted.

"Brother-in-law, tell me how you taught my sister how she made a billion dollars, right?" Han Jing agitated on the side.

As soon as he mentioned this topic, everyone immediately echoed it, obviously very interested.

"This matter ......" Ye Kai didn't have too many thoughts on this topic, so he said lightly, "Actually, this matter is a matter of luck, if you are lucky, you can make so much money." ”

When everyone heard this, they clamored and did not listen.

Everyone knows very well in their hearts that this is not a matter of luck at all, if you are not sure and do not have a strict plan, how can you calculate so accurately and make so much money in a short period of time?

"Do you really want to say that?" Ye Kai looked a little reluctant.

"Brother-in-law, there are no outsiders here, tell me what are you afraid of? You've already made your money anyway. Han Jing said.

Although the elders didn't say anything, judging from the expressions in their eyes, they were obviously very concerned about this matter.

Ye Kai thought about it for a moment, and then replied very seriously, "Actually, I can predict the future. ”

"Cut, eldest brother-in-law, if you don't want to say it, don't say it, why make up such an unreliable reason to deal with us?" When everyone heard this, they were all dissatisfied.

"Really, if you don't believe me, then there's nothing I can do." Ye Kai spread his hands and said with a wry smile.

Sometimes, telling the truth is really not easy to be accepted, just like now Ye Kai has told the truth, but no one believes that he can really predict the future.

In everyone's opinion, this is nonsense.

"Forget it, this kind of thing sounds interesting, but in fact, it's purely a technical topic, so don't talk about it." However, Ye Kai's father-in-law, Chu Yunsong, was more sympathetic to his son-in-law and took the initiative to stop this matter.

In fact, for the last incident, Chu Jingxuan also had specific information records, and Chu Yunsong also checked them later, but on these paper things, he didn't see how Ye Kai made decisions, and he didn't even see the technical files that he was looking for someone to collect the other party's information.

Chu Yunsong had a very strange feeling at that time, thinking that Ye Kai had other intelligence analysis agencies to help, otherwise, he would not have the time and strength to complete such a huge project alone.

It's just that since Ye Kai doesn't want to say it, then Chu Yunsong naturally won't force him to do anything, in case he makes Ye Kai unhappy, it will be his daughter who will suffer at that time.

As soon as the master Chu Yunsong said this, the others naturally didn't want to ask anything, and Han Jing and the other young people didn't dare to ask anything more, so Ye Kai's ears were cleared.

After a while, the nanny in the house came over and asked when the meal would begin.

"Wait a minute, the kitchen is ready first, I guess the old man should finish talking about things." Chu Yunsong looked upstairs and said with a sigh.

While he was talking, he saw Chu Jingxuan and Nangong Yun walking down the stairs together, but they didn't see Old Man Chu coming downstairs. (To be continued.) If you like this work,. )