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"Yes. Let the cost of financing be reduced. In addition, the RRR is lowered. We will respond to the funding gap between Zhao Guo and South Korea in this way." Shang Wen thought for a while and said.
"You mean to further reduce the cost of loans." Meng Yi said.
"Yes. By doing so, a large amount of liquidity can be released." Shangwen said.
"Well, you can do this." Meng Yi nodded in approval of Shang Wen.
"In addition, it is necessary to take some measures for those bankers to encourage them to lend abroad, cooperate, and if they can invest, or participate in the construction of various countries in other ways, we should give them certain taxes, policies, and other aspects That's all we can do." Shangwen said.
"Yes." Meng Yi nodded.Approved Shangwen's idea.
"However. I think these are not enough." Shang Wen said to Meng Yi.
"Not enough?" Meng Yi looked at Shang Wen and said.
"Yes, blind encouragement will only make those bankers more ambitious." Shangwen said.
"We should punish some bankers," Shang Wen said.
"It's not that I'm worried, and it's not that I'm out of selfish considerations." Shang Wen continued.
Meng Yi frowned, he didn't understand why Shang Wen said that.
"Why do you say that?" Meng Yi asked Shang Wen.
"Because we are the Democratic Party." Shang Wen replied.
"What happened to the Democratic Party?" Meng Yi asked.
"Banks. Most members of the Federalist Party are bankers. If we attack them, they will naturally think of political parties to attack. This is the consequence. It is very troublesome." Shangwen said.
"God. You planted the root of disaster for yourself." Meng Yi shook his head and said to Shang Wen.
"There is no way." Shang Wen said to Meng Yi.
"Politics is what it is. We should be punishing banks that are malicious and that don't lend. That's what I'm going to do, but if it does, I think the Federalist Party will soon and naturally attack us. I really don’t know what to do with such a policy guarantee.” Shang Wen said.
"No matter what? These problems must be resolved." Shang Wen said.
"I really don't know what will happen when this problem is solved." Meng Yi said worriedly.
"Why are you worried about a spat?" Shang Wen asked.
"Yes, after all, this is politics, and the opinions of the two parties differ greatly. We ask banks to actively lend money, but as banks with vested interests, what will they think?" Meng Yi looked at Shang Wen and asked.Shang Wen did not answer, the answer is obvious.But these will continue to be done. m
1785 Too Shortsighted
"Today's market is really scary. It has risen so much all of a sudden." A trader in the Qin State Exchange said excitedly.
"My God, 20.00% one. It's unprecedented." Another trader who was drinking tea shook his head.
"Yeah. Terrible." Another trader in a vest said in disbelief.His face showed a kind of exhaustion after excitement.
"What caused such a crazy rise today." asked the trader, drinking tea.
"I don't know." The vest trader shook his head and said.
"Hi. Have you heard?" At this moment, a trader who quickly ran in shouted loudly.
"What's the matter. Dude." The vest trader quickly inquired about the news.
"The prime minister announced a cut in RRR and interest rates. One percentage point. Oh my God." The trader shouted loudly.
"Oh." Everyone looked at the person who announced the news in surprise.
"Maybe this can explain why the stock market has soared today." The trader drinking tea knocked out the tea in his hand in surprise.
"Yes. It must be the reason. I'm afraid there will be no reason for Qin's stock market to rise by one percent." Another trader explained.
"There is another news. Have you heard it?" The trader who released the news said excitedly.
"What? Tell me quickly." The vest trader asked quickly.
"You little speculator, you lost 1000 million gold in one fell swoop today. Oh my God." The trader who released the news said in disbelief.
"Really?" Everyone looked at the trader who posted the news in surprise.
"Is it true? That news, he has a genius-like sense of speculation. Every time he trades, it's as if someone explained it to him. This kid is too powerful." The vest trader said unbelievably.
"Listen, I heard what the banker said. I can guarantee this news. It is absolutely true, true and reliable." The trader who released the news looked at everyone and said.
"Really?" Everyone said in disbelief.
"Well, I know you don't believe it, but such a big fluctuation in the market will definitely be published in the newspapers. Let's just read the newspapers later." The trader who released the news looked at the crowd and said Oh.It's like, you don't believe it, do you?Well, we'll just have to wait for the newspapers to find out.
And upstairs in the trading floor.Li Wen.The speculator was sitting on the sofa with a pale face.He looked at the trading board without saying a word.
"Damn it. Why did the prime minister suddenly cut interest rates so much?" Li Wen said in disbelief.
"Sir." The assistant on the side looked at Li Wen in embarrassment.
"Don't worry. We are only suffering a temporary loss. Isn't it that more than half of my funds are gone? I will earn back." Li Wen said with a miserable face at this time.
"Yes, sir." The assistant nodded.
Shangwen's interest rate cut is unprecedented.Cut interest rates by one percentage point all at once.Qin Guo Bank's interest rate dropped to the position of [-]%.And never before have rate cuts been this dire.Plus the market reacted positively.Because many economists believe that Qin's economic growth rate will accelerate in the future.So the market reacted strongly.
but.Li Wen.But think that there will be a small-scale decline, and then the market will fall rapidly.Maybe it's because of doing too much.Maybe it's too much confidence.He actually went short all of a sudden when the market was clear.As a result, he suffered heavy losses.But this time his reaction was not strong.The really strong ones are the bankers of Qin State.Their behavior is very extreme.
"Damn it, is the prime minister crazy?" The bankers gathered together to discuss.
"With such a sudden reduction, there will be a lot of projects in our hands that can be loaned." Bankers complained one after another.
"Perhaps the prime minister is dissatisfied with our behavior." A young banker guessed.
"Who knows, the prime minister will do this. In this way, the cost of loans will be greatly reduced, and the deposits in our hands will become less and less. The cost of absorbing deposits will become higher and higher. I really don't know what the prime minister will think ?” The bankers gathered together to discuss.In their view, Shangwen's move is very crazy.
"No, we gathered together, and we can ask for our wishes through the Federal Party. If the prime minister still lowers like this, I think we must take measures." Other bankers said.
"Oh. My God. What are you talking about?" said an old banker, looking at him.
"Let me tell you again, how bad our situation will be if the prime minister continues to cut interest rates," said the banker who spoke.
"It's impossible. If we lower it further, we won't be able to make any money." Having said that, other bankers shook their heads. Although some of them were worried about their careers, others were worried. What will happen to the reduction.Borrowing costs will get lower and lower.And the number of borrowers will increase, and funds will be tight.Many people will borrow money to do business.Who should they give their money to.How funds are recovered.These are the questions they have to consider.
In the prime minister's mansion.Shang Wen looked at the report.
"You're crazy. You've dropped so much all of a sudden." Meng Yi said to Shang Wen while drinking tea.
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