Chapter 975 (2/2)
”Just start voting directly,” he said lightly. Jiang Chen glanced at all the shareholders of the new Federal Reserve. ”Let me see your courage and your ambition.”
Shareholders of the new fed looked at each other and whispered their views.
Jiang Chen sat back to his seat and watched all this quietly.
About ten minutes later, the statistics came out.
Looking at the numbers on the big screen, Jiang Chen's face showed a smile.
With the exception of five abstention votes and two negative votes, almost all of them voted for it.
The successive miracles created by futureman group make shareholders of the new Federal Reserve almost subconsciously make their own choices.
There's no need to doubt it, is it?
……
The large-scale issue of banknotes does have a certain impact on the exchange rate of the Singapore dollar, but the impact is quite limited because the newly issued currency has not been put into the market immediately. After all, the money printed out does not mean that it can be used immediately, but mainly through the form of lending into the market.But for all that, the money has been printed and the news has been made public.
In everyone's opinion, the passive depreciation of the Singapore dollar seems to be imperative?
The International Monetary Fund has lowered the credit rating of Singapore dollar, and central banks of various countries have also made certain adjustments to the exchange rate between the Singapore dollar and their own currencies, which makes the exchange rate of Singapore dollar drop a lot in a short period of time.
After the devaluation of the Singapore dollar for a period of time, Jiang Chen began to gradually replace all foreign exchange held by futures group and star ring trading into Singapore dollar through the channel of future people bank. This includes the profits of the major subsidiaries in various industries around the world, including contracts signed on the outer space resources development forum.
Even the foreign exchange that did not arrive at the account was sold to the new Federal Reserve in the form of loans by Jiang Chen.
Of course, this move can not hide the eyes of other shareholders of the new fed, but no one disputes it. After all, the decline of the Singapore dollar has been determined. It is undoubtedly a high-risk thing to change the foreign exchange into the Singapore dollar in the short term.
Moreover, at a time when the exchange rate of the Singapore dollar falls rapidly, the new Federal Reserve also needs a large amount of foreign exchange reserves to stabilize the value of the domestic currency.
When the exchange rate falls, it means that Jiang Chen can use a small amount of foreign exchange from the hands of the new Federal Reserve to exchange a large number of pieces of paper called Singapore dollar.
At this moment, central banks all over the world are watching a play to see how the new federal reserve can kill itself, print a pile of useless pieces of paper and ruin their domestic economy. At the same time, it is estimated that when the new country's enterprises will go bankrupt because they can't afford to buy the raw materials of the port, and then go to copy these endangered enterprises.
Just when everyone thought he was crazy.
Star ring trade suddenly published a resolution on its official website.
[according to the regulations on space resources development promulgated by the new country, in order to facilitate market management and taxation, star ring trade held an internal meeting and decided that the signed contracts would not be affected. From today on, such businesses as space elevator freight, cargo import and export settlement, etc., will terminate the use of foreign currency for settlement, and Singapore dollar will be the only currency for space resources transactions 】
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