Chapter 622 The depreciating ruble!

Thinking of this, Lin Yu smiled gloatingly and asked, "What about the companies we focus on?"

Danze flipped the documents and said, "The resources, energy and some of the major heavy industrial enterprises we are concerned about are in our hands. As for those military enterprises, only a small number are in our hands. The more famous design bureaus such as Sukhoi and Migoyan, Antonov are not in the ranks of privatization this time. "

"Oh?" Lin Yu looked at Danze in surprise. He thought that all the state-owned enterprises in the entire Soviet Union belonged to the privatization team. Unexpectedly, these military industries were still captured by the government. However, he also understood that military industries are too special. It is indeed a terrible thing to be controlled by such enterprises by private enterprises. But this is also good, so that no one will snatch them from others. As long as he masters the government, privatization will be in the future. Anyway, it is not the first time he has done this. "Then let it be, there will be a chance in the future."

"Yes, as long as Yeltsin leaves politics, we will have to decide what Russia will do in the future," Danze smiled and said, and then he seemed to think of something and said, "By the way, boss, in the energy company this time, the so-called elites' shares in our hands are all in our hands. These guys are scared now. I'm afraid that they will think of taking back these shares for a while. So what do we need to do next? Kill those guys now?"

Lin Yu pondered for a moment and shook his head, "It's not the time yet. The Soviet Union's political situation and the army have not yet reached absolute control. We still need to continue to infiltrate. They are indispensable for this. Let's wait. Anyway, the Soviet Union has to wait for a while."

"Yes," Danzawa replied.

"Ding Ding Ding" At this moment, the phone in the room rang, and Lin Yu took the phone and said, "Hey, I'm ssss"

After a long time, Lin Yu hung up the phone and looked at Danze's puzzled eyes and smiled, "The phone calls from those three families."

"Is it them?" Danze frowned when he heard this. Obviously he didn't like those guys.

"Yes, they hope we can continue to be tough," Lin Yu replied. "They have gained a lot from this action, but they are worried that the Russian government's regulatory authorities will firmly tighten, so they hope that we can cooperate with the fooling Yeltsin, at least to ensure that what they get will not be given away."

Lin Yu said lightly, and Danze on the side also nodded suddenly. He naturally knew what those guys were worried about. If the regulatory authorities tightened the money of rubles at this time, or significantly increased the interest rate of rubles, or resolutely canceled the semi-public rubles and the free exchange of the US dollar, severely cracked down on the black market, dollar-traded bonds and gray financial markets, resolutely eliminated the remittance of funds from illegal financial institutions, or allowed the rubles issued by the Soviet Union or the Russian Central Bank to appreciate significantly.

Then any of the above is enough to pose a great threat to them. Although they will not lose anything, they will definitely not achieve the ideal profit.

They were worried that they were not superfluous and they knew very well that they were almost completely dependent on Lin Yu in politics. Lin Yu might be able to escape, but if Lin Yu wanted to deal with them, they would inevitably suffer heavy losses. Therefore, when they called Lin Yu to get his guarantee, there could be no mistakes at this critical moment.

They knew very well that they could acquire these astronomical rubles bonds from the Soviets, state-owned banks and central banks, and gathered these funds from the Soviets and enterprises to acquire deposits at high interest rates, and borrowed from Soviet financial institutions through interest far beyond imagination. They, including Lin Yu, were actually far from being able to revolve on such huge amounts of interest, and they always had to pay back these capitals. They were already in great difficulties, and if they encountered a little more trouble, it would be fatal.

And next they need to solve the repayment problem.

In a suburban villa in Moscow, Lin Yu was discussing with a group of people about repayment.

One of them was wearing a big bear-skin hat and a tall man holding a cigar, gestured and said, "A loan of such a large amount is not something we can digest even if it is interest. If we cannot continue to plan another plan now, then there is no doubt that we will either go bankrupt or return the interest and principal."

Another person continued, "If we go bankrupt, not only will we give the Soviets ten trillion rubles in vain, but all our stores may also have to be handed over. The bonds we acquire will miraculously return to the Soviets. If we return principal and interest, then return 30,000 to 4 trillion rubles every year, then ssssss"

"More than that simple!" Before the man finished speaking, a man interrupted him, "The Soviet Union or the Russian government can accommodate such large funds

Thinking of this, Lin Yu smiled gloatingly and asked, "What about the companies we focus on?"

Danze flipped the documents and said, "The resources, energy and some of the major heavy industrial enterprises we are concerned about are in our hands. As for those military enterprises, only a small number are in our hands. The more famous design bureaus such as Sukhoi and Migoyan, Antonov are not in the ranks of privatization this time."

"Oh?" Lin Yu looked at Danze in surprise. He thought that all the state-owned enterprises in the entire Soviet Union belonged to the privatization team. Unexpectedly, these military industries were still captured by the government. However, he also understood that military industries are too special. It is indeed a terrible thing to be controlled by such enterprises by private enterprises. But this is also good, so that no one will snatch them from others. As long as he masters the government, privatization will be in the future. Anyway, it is not the first time he has done this. "Then let it be, there will be a chance in the future."

"Yes, as long as Yeltsin leaves politics, we will have to decide what Russia will do in the future," Danze smiled and said, and then he seemed to think of something and said, "By the way, boss, in the energy company this time, the so-called elites' shares in our hands are all in our hands. These guys are scared now. I'm afraid that they will think of taking back these shares for a while. So what do we need to do next? Kill those guys now?"

Lin Yu pondered for a moment and shook his head, "It's not the time yet. The Soviet Union's political situation and the army have not yet reached absolute control. We still need to continue to infiltrate. They are indispensable for this. Let's wait. Anyway, the Soviet Union has to wait for a while."

"Yes," Danzawa replied.

"Ding Ding Ding" At this moment, the phone in the room rang, and Lin Yu took the phone and said, "Hey, I'm ssss"

After a long time, Lin Yu hung up the phone and looked at Danze's puzzled eyes and smiled, "The phone calls from those three families."

"Is it them?" Danze frowned when he heard this. Obviously he didn't like those guys.

"Yes, they hope we can continue to be tough," Lin Yu replied. "They have gained a lot from this action, but they are worried that the Russian government's regulatory authorities will firmly tighten, so they hope that we can cooperate with the fooling Yeltsin, at least to ensure that what they get will not be given away."

Lin Yu said lightly, and Danze on the side also nodded suddenly. He naturally knew what those guys were worried about. If the regulatory authorities tightened the money of rubles at this time, or significantly increased the interest rate of rubles, or resolutely canceled the semi-public rubles and the free exchange of the US dollar, severely cracked down on the black market, dollar-traded bonds and gray financial markets, resolutely eliminated the remittance of funds from illegal financial institutions, or allowed the rubles issued by the Soviet Union or the Russian Central Bank to appreciate significantly.

Then any of the above is enough to pose a great threat to them. Although they will not lose anything, they will definitely not achieve the ideal profit.

They were worried that they were not superfluous and they knew very well that they were almost completely dependent on Lin Yu in politics. Lin Yu might be able to escape, but if Lin Yu wanted to deal with them, they would inevitably suffer heavy losses. Therefore, when they called Lin Yu to get his guarantee, there could be no mistakes at this critical moment.

They knew very well that they could acquire these astronomical rubles bonds from the Soviets, state-owned banks and central banks, and gathered these funds from the Soviets and enterprises to acquire deposits at high interest rates. They borrowed from Soviet financial institutions through interest far beyond their imagination. They, including Lin Yu, were actually far from being able to revolve on such huge amounts of interest, and they always had to pay back these capitals. They were already in great difficulties, and if they encountered a little more trouble, it would be fatal.

And next they need to solve the repayment problem.

In a suburban villa in Moscow, Lin Yu was discussing with a group of people about repayment.

One of them was wearing a big bear-skin hat and a tall man holding a cigar, gestured and said, "A loan of such a large amount is not something we can digest even if it is interest. If we cannot continue to plan another plan now, then there is no doubt that we will either go bankrupt or return the interest and principal."

Another person continued, "If we go bankrupt, not only will we give the Soviets ten trillion rubles in vain, but all our stores may also have to be handed over. The bonds we acquire will miraculously return to the Soviets. If we return principal and interest, then return 30,000 to 4 trillion rubles every year, then ssssss"

"It's more than that simple!" Before the man finished speaking, a man interrupted him, "Can the Soviet Union or the Russian government accommodate such large funds? Once we return these interest, in order to ensure the stability of the market, adopt a standardized financial regulatory plan. The Soviet Union or the Russian financial market ruble must be tightened, and at that time we need to pay astronomical dollars, that is, we pay interest to the people and governments of the current Soviet region at least 10 trillion US dollars a year. God, do you know how much it is? Ten trillion US dollars! Pay interest!"

"According to this level, America will go bankrupt," his words made the others laugh. Although there are so many in theory, could they do this? If they do it, they are not bankers, but fools.

"I'm wondering if the sum of money from people here now exceeds 100 billion US dollars. If you can only think about it, the sum of the three major families is probably not enough."

"We have been exposed now, and everyone knows what we are doing, including the central bank. We are now in the game between us who speculate according to the rules of the financial game and the Soviet Union or the Russian Central Bank that formulate the rules of the game. But in fact, because of Mr. Lin Yu, the game has long been doomed to the end. Therefore, we can sit here and discuss this unprecedented ten trillion interest rate with a smile. It is all based on Mr. Lin Yu. Please let us respect Mr. Lin Yu," at this time, the man in the bear-skin hat raised his glass and said to Lin Yu.

Lin Yu, who had been silent, also raised his glass to return, "Cheers!"

After a full drink, the man asked, "I wonder what Mr. Lin Yu's next plan is?"

Lin Yu looked at him, smiled, and made a gesture to Danze behind him. Danze got up and took out several documents from his briefcase, distributed them to everyone present, saying, "This is a detailed plan."

As everyone flipped the documents, Lin Yu also said, "I will urge the Russian Central Bank to crack down on the black market transactions of the US dollar and the ruble, but I will adopt a more 'free, 'open,' such as allowing the central bank to further relax the free exchange of the ruble and the dollar."

"Now our financial experts and the privatized public media collectively bombard administrative financial regulatory methods. Even the normal central bank's power and practices over financial regulatory have been stereotyped into a "centralized monopoly behavior. Even if someone knows that we may have bad intentions, no one dares to make public proposals."

"So, once the financial exchange is opened, it will be a completely unsuspecting massacre. As long as Russia sticks to the market, we can use our unseen hands to kill the ruble, devalue the ruble, and depreciate to the extent that our money can pay this huge sum of money."

Lin Yu's words made the people present nodded repeatedly. They were all financial elites from Britain, the United States and Europe, so they would not be unfamiliar with these things. These were also what they thought of. After all, if you want to repay such a huge amount of money, you either have to pay or make them affordable. It is impossible to pay back the debt. Integrity is something that bankers rely on. Therefore, devaluation of the ruble and exchange less dollars for more rubles became the only choice.

Now Lin Yu's words undoubtedly gave them a calming agent, at least they don't have to worry about the loss of their wealth. So the man in the bearskin hat asked softly, "Why don't you know what is the bottom line for Mr. Lin Yu to depreciate the ruble?"

"Bottom line?" Lin Yu said lightly, thought for a while, his eyes flashed with a flash, and he smiled, "200---300 times!"

When the other people heard this, although their brows frowned, they finally nodded.

Due to "shock therapy", the people lost more than 100 million rubles in 1992 alone. The reform threw most Russians to the poverty line, and even extreme poverty. In 1992, Russia's annual inflation rate was as high as 1 USD = 09 rubles per year. Or, million old rubles are million dollar rich people, million dollar rich people

On November 25, 1994, the official exchange rate of the ruble was 1 USD to ruble′, which means that the million-dollar old ruble rich man had been depreciated to only 300 USD.

In the year, the new ruble is issued and the old ruble is replaced is 1:1ooo', that is, 1 dollar = old ruble. Or if you are a million-dollar old ruble richer, by the year, you become a pauper with only 35 dollars, which makes the bank deposits and currency held by the Soviet people "overnight" worthless.

In January 1961, the gold content of the former Soviet Union rubles was set at 0987,412 grams, and the exchange rate against the US dollar was set at 1 US dollar to 09 rubles.

This exchange rate has not changed significantly in the past 30 years since then.

This is the situation of the ruble after the 1990s, but now with Lin Yu's existence, no one can figure out the direction of the matter.
Chapter completed!