Chapter 11 Treasury Bills
It was only after four o'clock in the afternoon, but it was already dark. Fortunately, there was a car, so Feng Yu was able to arrive at Teacher Sun's house before dinner. Teacher Sun was also very happy that Feng Yu could come to see him.
Although this child is usually a little weaker, he still studies very hard. Even though his Russian language and mathematics are a bit poor, he is not sure about the high school in the city, but he is still very hopeful to be admitted to the high school in the county.
Declined Mr. Sun's invitation to let him finish his meal, Feng Yu followed Li Shiqiang back to Li's house. After dinner, Li Shiqiang went out to work. Tomorrow afternoon, Feng Yu will take the bus back to the farm. There is still time in the morning. Maybe he can exchange some foreign currency at the International Hotel.
By the time Li Shiqiang came back, it was past ten o'clock, and the foreign currency he brought out was also exchanged for more than 50,000 RMB. Seeing his son's return, Li's father and Li's mother fell asleep in peace, while Feng Yu took Li Shiqiang and continued to brainwash him.
"Brother Li, isn't this good money?"
Li Shiqiang nodded vigorously: "You still have brains. I don't read much and know little. If I keep doing this, I can earn as much as I can work for a year."
"There are more profitable ones, do you want to do it?"
"More profitable?" Li Shiqiang's breathing became more rapid.
"Treasury bills!"
"Xiaoyu, you always tell me treasury bills, treasury bills. But I know better than you, treasury bills, they really don't make money, and they can't be used as money. You can't exchange them at the bank until they expire. How can you make money?" Li Shiqiang heard it. It was treasury bills, and it was immediately deflated.
Not only him, his unit, his parents' unit, everyone was forced to buy treasury bills, but didn't they all put it in their hands, didn't they earn a penny? It is said that interest will be paid in the future, but who knows what will happen in the future?
"Brother Li, don't you read the newspapers? The newspapers said that treasury bills will be allowed to be traded, just like commodities. Ten yuan treasury bills may become 11 yuan. Do you think they will make money?"
Li Shiqiang shook his head: "I still haven't exchanged foreign currency to make money!"
Feng Yu was annoyed: "It's really easy to change foreign currency? Don't say whether it's legal or not, even if no one cares, how long can you do it? And do you know foreign language? I'm back on the farm, what do you do? Let's talk about it. The people at the International Hotel have been staring at us today, and if I go back tomorrow, they should kick people out."
Li Shiqiang was stunned. Can't do such a money-making thing?
Seeing that Li Shiqiang didn't speak, Feng Yu continued: "Just think about it, is the interest rate of treasury bills higher than that of banks?"
"Yes, it is higher than the regular period, but the turnover is not convenient."
"I told you that it will be publicly traded soon. Do you think if the ten yuan treasury bills were sold for nine yuan now, would you sell them?"
"Sell! This Treasury bill is too long. I can't wait."
"Yes, many people have the same idea as you, when the price of treasury bills will drop, and ten dollars will become nine dollars. And some people have more money, they are not in a hurry, and they want to buy treasury bills that cannot be bought. , it will start to buy at a high price, and the price of ten yuan treasury bills will become eleven yuan.”
"Impossible, buying 11 yuan for 10 yuan, isn't that a fool, and the interest rate of treasury bills may not be so high." Li Shiqiang absolutely did not believe it. How could anyone buy treasury bills at such a high price?
"I'm just making an analogy, but for ten yuan a cent, someone will always buy it, right?"
"That's about the same, but does anyone really buy it? And treasury bills, are they really allowed to trade?"
"Mr. Sun said that he has classmates in the capital, and he has inside information. We will make the difference at that time. Every time we come and go, ten yuan can become eleven yuan. One hundred thousand yuan can become eleven yuan. Wan!" Teacher Sun was pulled out by Feng Yu as a shield.
Li Shiqiang's eyes are getting bigger and bigger, and 100,000 yuan has become 110,000 yuan. It's so profitable! His salary is less than 100 yuan a month, where can he make money.
"Xiaoyu, what should I do then?"
"Buy treasury bills! Collect treasury bills from colleagues and friends.
If you give ten yuan to nine yuan and five yuan, many of them are forced to buy it. If it can be exchanged for cash, they will definitely be willing. Remember, you can charge as much as you can. After two months, transactions are allowed. If you want to charge again, they will not sell! "
"What do you mean, we all receive treasury bills for our money? Hundreds of thousands of dollars, what if the news is wrong, why don't we take ten thousand dollars first?" Li Shiqiang dared not gamble, in case it was wrong, the treasury bills It hasn't been used for several years, and the money of his family and Feng's family has been thrown into it.
"If you don't believe me, you should also believe my teacher. What he said is absolutely true. He told me about the foreign currency exchange. Just say this, how much money do we all make? If you can Borrowing money, borrowing money to buy treasury bills guarantees that you can make a lot of money!"
Feng Yu brought out Teacher Sun's name again, not to mention, this name is really useful, Li Shiqiang gritted his teeth and nodded in agreement.
Early the next morning, Li Shiqiang took Feng Yu to the gate of the International Hotel, and then drove away by himself, trying to exchange some foreign currency in the morning.
Not to mention, through word of mouth, many people now know that Li Shiqiang has the ability, can get foreign currency, and even took the initiative to find him.
Feng Yu continued to exchange foreign currency at the entrance of the International Hotel. With his three-inch tongue, he quickly exchanged 50,000 yuan for more than 40,000 yuan. At the same time, he also contained some rubles and dollars in his bag.
Because he was alone this time, Feng Yu never dared to leave the door of the International Hotel for fear of an accident. And always lingering at the door of the International Hotel, naturally the people inside noticed it.
There are a lot of foreign guests here, so there must be no accident. The doorman reported to the manager, and Yu Chunyuan came out just to see Feng Yu exchanging foreign currency with foreign guests.
He was very angry. Foreigners often asked him to exchange foreign currency at the International Hotel, and he exchanged it with some leaders in private, and now he actually let a child pry it!
Yu Chunyuan grabbed Feng Yu's sleeve: "Who asked you to exchange foreign currency with foreign guests here? I'm going to ask the guard to arrest you!"
Alas, sure enough, this matter still touches the interests of others.
Feng Yu smiled embarrassedly: "Manager Yu, I also helped my cousin exchange, and their leaders will go abroad for inspection next month. Isn't this because they want to get some foreign currency and buy some souvenirs back. I have already exchanged them. Let’s go now, I promise not to come again.”
Yu Chunyuan looked suspiciously at Feng Yu's satchel, as if he had a lot of money. But he didn't want to have a bad reputation for bullying children, so he could only warn again: "Forget it this time, you can apply to the bank if you need it. Let me see you here pestering foreign guests, and I'll send you to the police. Go!"
Feng Yu nodded and left, and an hour later, Li Shiqiang drove to pick him up. He was also very sorry to learn that the International Hotel would not let them harass foreign guests any more. How fast it makes money.
"Brother Li, don't be discouraged, treasury bills can be made for one or two years. Now, after all these foreign currencies are converted into RMB, you can start collecting treasury bills. When the transaction is allowed, we are guaranteed to make a lot of money! You will not let Are my sister and my dad disappointed?"
Li Shiqiang showed a firm look: "Well, I will never let them down! Starting tomorrow, I will go to collect treasury bills!"
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