Chapter 894 - 360: Are They Exactly the Same? (2)

Chapter 894: Chapter 360: Are They Exactly the Same? (2)

They can’t harvest quality assets at all; the outside US Dollar will be the first to complete a bottom-fishing.

So they will urgently raise interest rates next March.

Although in March they only raised rates by 25 basis points, that was just a test.

The result is... it’s useless! The US Dollar hasn’t flowed back much.

So, to prevent global quality assets from being bottom-fished by others, they directly raised rates by 50 basis points in May and then turned around and increased by 75 basis points in June.

In July, likewise, they raised by 75 basis points, in September and December, they again increased by 50 basis points each.

Over the year, the total interest rate hike was 325 basis points.

The US Bonds’ coupon rate was directly lifted from 1.25% to 4.5%, the difference in interest rates here is terrifying.

The same US Bonds, whether bought in 2021 or now, even if calculated over nine years, a face value of one hundred US Dollars made a difference of thirty Dollars.

This is a profit of thirty points.

In fact, you may not necessarily sell at that position, after all, there are a series of factors like exchange rate differences.

But earning ten-plus points is a breeze.

Not to mention that rates will continue to increase next year, and Jiang Banxia has leveraged.

The essence of this round of interest rate hikes is to drain global liquidity, preventing foreign funds from bottom-fishing global quality assets; otherwise, they wouldn’t raise rates so recklessly.

Looking at the final result, such violent interest hikes were indeed effective; global liquidity vanished, and those quality assets in value depressions were forsaken, even dropping another wave.

They took advantage of the interest hike cycle, bottom-fished quite a few good things, and regained some ground.

However, the underlying wounds weren’t completely healed, and the aftereffects of violent rate hikes became unbearable, forcing them to start a rate-cutting cycle.

If it weren’t for Da Mao and Ermao’s black swan events, they definitely wouldn’t have been so hasty, and could have dragged it out longer.

Essentially, people plan, but heaven decrees.

The two were chatting well at first, but the atmosphere changed quickly.

"By the way, I came to cook for you today, so it shouldn’t count in the tally..."

...

After a few days of holiday in May, because one day Jiang Banxia was pretty tired, and coupled with Li Yang cooking, so...

The tally accumulated to 481.5 times.

Li Yang was relentless in this regard, even taking action before approval.

The meal was cooked, whether eaten or not, it counts!

But soon, Li Yang lost the opportunity because Dou Ying brought Li Yi over.

The keys in Li Yang’s hand were taken by Jiang Banxia and handed over to Dou Ying.

Li Yang went from being upright to sneaky, and after half a month without seeing each other, he waited in the garage for Jiang Banxia to come back, seizing chances to steal kisses.

Time swiftly approached the end of May, Li Yang attended an interview.

The interview organizer was Kuai Pai, inviting a host from the financial industry to have Li Yang come over to share some financial management knowledge.

Li Yang felt it was necessary, so he agreed.

At the venue in Capital City, besides the host, it was just a bunch of photographers, not allowing audience entry.

Li Yang, upon arrival, greeted the host and then began answering some of the host’s questions.

He had seen the questions before... but during the latter half of the interview, they would select some questions from the internet.

"President Li, now you are the wealthiest person in the world, do you have any insights on making money?"

"In this regard, my insights don’t apply to the vast majority because everyone knows how I got this wealthy title. But I think earning money isn’t the main thing; being able to save money truly represents real capability. Now, consumerism surrounds us, and not falling into the consumerism trap is the greatest wealth."

The host said, "You must be kidding, even though Wanliu Capital shares were from asset division, your substantial capital increase must have come from your pocket, along with Extreme Shadow Group and Green Water Group, your status as the wealthiest is genuine."

"?"

This question wasn’t here!

Li Yang looked at the host, wondering why the host emphasized this point.

He liked to be called someone living off a woman’s support, so everyone would overlook his presence.

Of course, now whether overlooked or not is no longer important; those with real intent must have started keeping tabs on him.

But he didn’t intend to boast about these.

This host has issues!

Jiang Banxia, watching the live broadcast, sharply sensed the problem too.

She knows Li Yang well; this guy definitely won’t flaunt wealth, he absolutely doesn’t want to cement the world’s wealthiest title.

Who arranged the host?

Besides Xiangnu, who else?

Jiang Banxia couldn’t bear to watch any longer and took out her yoga mat to start exercising.

Isn’t it just about having a good figure? Who doesn’t have a figure?

Isn’t it just about peach hips? I can train that too!

Facing Xiangnu’s provocation, Jiang Banxia won’t back down.

...

After answering some simple questions, they chose several questions from the internet.

"President Li, a netizen would like to ask you, how much do you spend on children each month? Her family also has two children; they spend at least six thousand a month, the biggest household expense."

Li Yang thought for a while and said, "I’m not particularly clear on specific expenses, but our two children combined certainly cost less than a thousand per month."

"Ah?"

The host was stunned.

Li Yang’s children, from the previous wealthiest to the current wealthiest children, combined costing less than a thousand a month? Is this data not too absurd?

Li Yang explained, "I’m not aware of the specific numbers, just the general idea. My children’s milk powder isn’t expensive, just the cheapest one from Green Water Heaven and Earth, which has a subsidy, costs 88 per can; sometimes a bit more, one child can consume four cans a month, and sometimes less, around two to three cans. Then there’s diapers and clothes, not expensive items either, each month used to be two to three hundred. Of course, now no longer needed, for our two kids at home, only one remains on milk powder, not much either, two cans a month..."