Chapter 84 The Power of New Currency

This model was just after he thought about it for a while and then figured out the logic. It felt like the most brain-burning thing about money.

His arbitrage model is simple.

For example, the current international exchange rate between the euro and the US dollar is 1:1.3668. After the internal exchange rate of the system is rounded up, the exchange rate of RMB to the US dollar is eight to one, and the exchange rate to the euro is eleven to one.

You can first open an account in the international free foreign exchange market, or open several more accounts.

Just share the regulatory risk.

Then if you have 11 million RMB, you can exchange one million euros through the system.

Then you can use this million euros to exchange with others for 1.3668 million US dollars, and finally exchange it back to the system?

Simple.

Just multiply it by eight, and it comes down to 10.93 million. . . . . . .

A full loss of nearly 70,000 yuan.

Ha ha.

Of course, no one would do this kind of business, and Tang Qing was not stupid.

But what if it was the other way around?

Eleven million yuan.

In the system, 1.375 million U.S. dollars can be exchanged according to 8:1, and then 1.3668 can be exchanged back to euros internationally to get 1 million euros and the remaining U.S. dollars.

The net profit was $8,200.

It is calculated that the profit of a transaction is nearly 0.6%.

Even minus the transaction fees that may exist, it is at least calculated at a minimum profit of $7,000.

In this case.

With a limit of ten times a day in and out of the system, that's nearly $70,000 in profit.

That doesn't seem like much.

And what if it was a transaction of 10 million euros at a time?

One day is at least $700,000 in revenue, which is equivalent to a profit of 5.6 million yuan.

And what if it was a month?

Come on! !

After this, Tang Qing suddenly sat up, his eyes full of shock.

As long as there is 110 million yuan.

Earn in a month. . .

One hundred and sixty-eight million.

Depend on!

Depend on!

Depend on!

Crazy to!

Tang Qing's heart was beating rapidly, and it was about to explode.

This is more than profiteering, it is simply picking up money.

Besides, this is still calculated based on simple interest. If all the money earned is invested in accordance with compound interest, then the profit is likely to reach 200 million.

Mamma Mia.

200% profit.

too crazy!

And it's still quite conservative.

The first point is that the exchange rate of the two currencies against the RMB will not change in a short period of time.

Tang Qing checked, and now the international exchange rates of the two currencies are more than 0.2, which will not change significantly for at least a month, and there should be no changes within the system for at least half a year.

Why?

Because even if the renminbi falls below 8 against the US dollar, as long as it is above 7.5, the exchange ratio within the system is one to eight.

So is the euro.

More than 10.5 is based on a one-to-one ratio. Such a big slump will take at least several months or even longer.

And he knows one thing, the dollar has not been high against the euro, 1:3.6668 is already very high.

Even in 2007, it was at 1.37 at most.

Then the profit that represents one transaction may be lower than this in the future, but at least there will be money to be made in a year or two.

And this is just the exchange of euros for dollars, what if you are level 4?

What currency will be opened?

At that time, the arbitrage profit of the US dollar against the euro will decrease, and it will be a big deal to move on to the next one.

Even if one of the newly opened currencies is above the whole number and the other is below the whole number, then the profit is likely to double again.

In any case, he can still succeed in arbitrage, and no one can stop him from making money.

Depend on!

Tang Qing couldn't help but another word popped out of his mind.

Can this system be any better?

Banking System!

It really lives up to its reputation!

It seems that he is not far from becoming a billionaire. At this speed, it should not be too difficult to make hundreds of millions before the college entrance examination.

However, he plans to make this money later in the year, and he will make a fortune in the stock market first.

At that time, he can find a way to open or buy a bearer account with a foreign bank. Anyway, he is not going to have any relationship with him.

A few days ago, he accidentally asked about the account bound to the system, and the system told him that the account bound to the system could be monitored and frozen by the outside world.

but.

Without Tang Qing's consent and system operation, it is impossible for others to transfer a dime.

And even if it's frozen.

Tang Qing can also spend 1 million yuan, and the system is forced to thaw for ten seconds, which makes Tang Qing feel great and safe.

ten seconds.

Your money has already run away.

certainly.

The system only provides unfreezing service for Tang Qing's account. Others do not provide it. Tang Qing does not feel that there is anything. He is not interested in unfreezing other people's accounts.

Although the business of unfreezing someone else's account can be awesome.

Many banks have frozen accounts, ranging from tens of millions to billions of dollars. That's not a profit, but Tang Qing has no interest in it.

This is clearly following governments and the world's major banks against each other.

This made him, who aspired to become a banker, have no interest at all. After making too many enemies, he would play a fart.

It's not that I don't have a way to get money, I have to do this unless my brain is pumped.

At the end of the year, let’s put together 110 million yuan. When the money is not enough, you can take a mortgage loan from the bank or borrow it, and you can pay it off in a month at most.

This kind of risk-free business is not afraid at all, and after paying it back, all that is left is my own money.

Gee.

The more Tang Qing thought about it, the more excited he became.

The more he thought about it, the more excited he became. Countless banknotes were waving to him. Anyway, he had earned the money.

certainly.

He is not ready to let go of Liu Gan's business there.

Since you stepped in, how could it be easy to get out.

He also knows why Liu Gan is so enthusiastic about himself. If he cuts off this business, to be honest, he is really a little afraid of Liu Gan and the interest alliance behind him now that he has no deep strength.

In addition, his own clothing business still needs the full support of Liu Qian. In any case, the transaction with Liu Qian cannot be stopped.

However, he also strictly adhered to a bottom line and resolutely did not exchange foreign dollars for Liu Qian.

This hole was opened, and he might really get burned at that time. He didn't want to go to prison, and he didn't want to go to hell.

Then Tang Qing called out his mission:

1. Complete the loan task recommended by the system this month. For details, please refer to the task introduction. The reward content: experience value +20, completion degree 0/1.

2. Complete one non-system-recommended customer loan business this month, with an amount of not less than 400,000. Reward content: experience +20, completion degree 0/1.

3. Complete all external loan quotas this month. Reward content: experience value +20, completion degree 0/200.

4. Complete all personal loan amount this month. Reward content: experience value +20, completion degree 0/40.

5. Achievement task 1: The total amount of external loans of the system reaches 3 million, and the reward content: source value +10, experience value +30. Completion degree 2 million/5 million.

6. Achievement task 2: The total amount of the system's external loan principal recovery reaches 3 million, reward content: source value + 10, experience value + 30. Completion degree 1 million/5 million

7. Achievement task 3: The total amount of personal loans in the system reaches 500,000, and the reward content: source force value +5, experience value +20. Completion degree is 30/500,000.

8. Achievement task 4: The host's own assets reach 5 million (the system's personal loans and rewards are not included). Reward content: source force value +10, experience value +50.

The mission remains the same, nothing has changed.

As long as the loan and collection tasks are completed step by step, the upgrade is far away in a short period of time, no matter what.

Achievement task three can be completed immediately. But think about it, forget it, don't worry, it's useless anyway, you can still accumulate, what's the hurry.

What he cares about now is what the auxiliary functions of the system's third-level opening are.

"System, what is the function that you have opened at level 3?" Tang Qing asked inwardly, but he didn't pay attention to any changes in the interface, anyway, the system would say.

"The third-level open mall system, the host can purchase mall items in the mall." The system replied.

"Mall?" Tang Qing said in surprise, then with a look of surprise, something normal finally came.

This is a mall!

system as standard.

Will there be any peerless magic?

Will there be any panacea?

No matter how bad it is, it's better to give some high-tech equipment.

Skills or whatever.

I will not have less money in the future, and I have to find a place to spend it.

In any case, the system mall in the novel is an incomparable existence, and everything can be bought.

Tang Qing immediately found the mall icon in the interface.

There is an icon inside, which is very conspicuous.

Well, the icon is a bit ugly, it's a group of pictures that don't feel sharp.

Tang Qing opened the mall while complaining.

Looking at the things in the mall, Tang Qing's face, who was quite happy, slowly turned cold. After turning a few pages, her face turned white, and even cold sweat broke out.

Tang Qing, who didn't believe in evil, refreshed the page of the mall again and again. The entire page was only more than 30 pages, and he turned it over in a few seconds.

Tang Qing searched carefully again to see if there were any other categories. It was impossible for this category of products.

But reality gave him a resounding slap in the face.

No.

There are no other categories, just these things.

Tang Qing took a deep breath and suppressed what was in his heart. . . restless.

"System, let me out." Tang Qing said coldly.

"Host, what's the matter?" the system replied.

"What's the matter? Hehe, it's a big thing, come and tell me what's going on with these products, ah, are you kidding me?" Although it was silently reciting in my heart, the anger can indeed be expressed .

"Please describe the problem correctly," the system replied.

"Uh, you... ok, then tell me, what kind of things are sold in the mall now? Is there a mistake?" Tang Qing was anxious.

"Host, the system has not found any errors, this type of product is indeed a third-level open mall product catalog." The system replied.

"Then you tell me why it's full of weapons and equipment, do you want me to go to war?" If Tang Qing spoke, this sentence would definitely be roared out.

PS: Please recommend, readers.