Chapter 867 Double Pressure of Yen Appreciation
Chapter 867 The dual pressure of the appreciation of the yen
Author: Khurav
Chapter 867 The dual pressure of the appreciation of the yen
Soft little hands rested on her hands, waist, feet and head.
Carter clearly felt himself being lifted into a bathtub filled with hot water by countless hands.
I even felt a dishonest little hand touching my abdominal muscles and chest muscles, and there was a burst of incomprehensible laughter in my ears.
Well, you don’t have to understand it!
Feeling a certain pillar under his body, Carter could guess with his butt that the Japanese girls around him were driving his own car.
But as a "drunk" person, what can Carter do?
Speaking of which, how many times has this happened? You can obviously do it, but you can't do it at all?!
With random thoughts in his head, Carter couldn't remember how long he had been soaking in the hot water. But after hearing a sound of pushing the door and footsteps, Carter felt someone patting his face.
"What are you doing?!"
Slowly opening his eyes a crack, Carter lay in the bathtub and turned over, leaving only Toyoda Akio's naked back.
"Are you feeling okay now? I brought you some water, Carter, come here and drink some! Drinking too much wine will dehydrate you, and taking a hot bath will also make your body lose water. Come on, replenish it quickly!"
Patting Carter on the shoulder, Toyoda showed the patience and attitude of coaxing his nephew at home.
"No, don't drink! You can't drink anymore."
"This is water, not wine! Come on, turn around."
After a lot of trouble, Carter, who drank three glasses of water in a row, finally looked better.
"Carter, do you remember what you just said?"
"What did I say?"
His eyes were staring blankly at the water surface of the bathtub. Carter looked like he was drunk.
"You just said that you want to take advantage of the appreciation of the yen and the over-issuance of the yen to increase the market value of Twilight Chain to 30 billion yen!"
"Did I say that?"
Carter turned his head and looked around the bathroom. As if to make sure there was no third party present, Carter said:
"Oh, I seem to have said that. You just need to know. In fact, hehe, my number is too small!"
"Is this still young?"
"Of course Xiao, Twilight. I have invested 10 million U.S. dollars. Counting Yasuda Michio and his friends, there are 20 million U.S. dollars. There should be more in the future. Before a round of financing, there should be a real 30 million U.S. dollars.
Go in."
"30 billion yen, it's just a little over 100 million U.S. dollars! This manor is priced at 3 million yen per night! Ordinary rooms start at 20,000 yen per day."
Leaning on the edge of the bathtub, Carter raised his head and twitched his nose. In a bathroom full of alcohol, fresh air was basically non-existent.
"Now we have more than 1,600 units, based on an average daily occupancy rate of 75%. We can open 1,200 units every day, which is at least 24 million yen. A gross profit of more than 700 million yen a month. After excluding costs,
No matter what, we can still have 300 million left. Moreover, we are still competing for the market now. The price we offer for housing is on the high side and the management costs are relatively high. But these can be reduced in the future."
"Not counting the expansion of the compound interest model, Twilight Chain's annual net profit should be around 3.6 billion yen. Normally based on a price-to-earnings ratio of 7-8, a valuation of 30 billion yen is easy."
"So I said, the number I just said is actually less! Under normal circumstances, it will definitely be more than this! Akio, the Japanese yen will be valuable in the future! If this thing is launched in Japan, it will definitely be more cost-effective than the United States! Now convert it to US dollars,
It will cost more than 100 million, but look at it in a few years, it will be equivalent to at least 200 million US dollars!"
"You mean, in two years, the exchange rate between the yen and the U.S. dollar will be 150 to 1?!"
Hearing Carter himself mention this topic, Toyoda Akio immediately became alert. Following Carter's words, he asked further.
"Specifically, I don't know if this number will be reached in a few years. But I have a hunch. Do you understand? It's the same as before. I feel that it will be reached! The US-Japan exchange rate will definitely reach 150 to 1!"
"The same premonition you had in Georgia."
"Yes, that's what it feels like!"
"This is really bad news."
Akio Toyoda's face looked a little ugly. If the exchange rate between the United States and Japan reached 150 to 1, it would be a disaster.
But in other words, Carter even dared to say such "unpalatable" words. He even stated his fundamental intention of listing Twilight Chain in Japan and making use of the appreciation of the yen to earn excess returns.
Akio Toyoda dare not believe these words.
"It may be bad for you, but it's good news for me. Moreover, the U.S. dollar is overvalued! Akira, I haven't told Yasuda about this because they are not in the United States and don't feel it.
.But you are different.”
"You should know that since the US dollar was decoupled from gold, the US dollar currency has been in a state of over-issuance. Logically speaking, the US dollar should have been worthless long ago! But even when inflation was at its most severe, the number of US dollars circulating in the consumer market increased.
It’s only 25%, which is far lower than the amount of money the Federal Reserve issued in those years!”
"You understand what I'm saying, right? In the past few years, these excess US dollars were circulating around the world. If it weren't for South America, Central America, Thailand, and Malaysia, and Japan's financial market was not open, today's Japan
The economic index can definitely rise ten points!"
"I seem to understand, you are saying that the dollar will depreciate?!"
When the topic reached this point, as someone who had worked in an American investment bank for several years, Toyoda instantly understood what Carter was talking about.
U.S. bond interest rates have soared in the past two years! U.S. dollars invested abroad are returning.
Those dollars that were originally used to invest in foreign markets ran back to the United States to buy Treasury bonds when interest rates on U.S. Treasury bonds rose. The money went into the pockets of the U.S. government!
And what will the U.S. government do with this money? What can it do?!
Do you even need to think about this?!
Let’s take a look at the current social and economic development in the United States.
Inflation has been suppressed to a normal range, at the expense of sluggish economic activity.
It just so happens that at this time, the U.S. government has money! The U.S. government must find a way to revive the economy! Whether it is out of public motives or President Reagan's selfish desire to be re-elected, he must do this!
If you have money, you can use it to buy things, and buying things creates demand.
The economic development of a large economy always depends on demand!
And once the U.S. government starts pouring money into the U.S. market,
The over-issued currency in the past will really flow into a depression like the United States. Akio Toyoda doesn't care whether inflation rises or not.
He just understands that once the United States does this, the dollar will definitely depreciate!
And the exchange rate is like a seesaw!
Even if the value of the yen remains unchanged, a depreciation of the dollar means that the yen will appreciate.
This dual pressure of the appreciation of the yen, combined with the steaming heat wave and the smell of alcohol in the bathroom, made it difficult for Toyoda to breathe for a while.
"Isn't this what the United States has been doing to maintain the status of the U.S. dollar?"
"President Reagan, just two days ago he was still saying, 'Strong dollar, strong America, let us maintain confidence'! Will he slap himself in the face and let the dollar depreciate?!"
Chapter completed!