The Rebirth of a Genius
Chapter 11 – Bonds Countries

Chapter 11 – Bonds Countries

It's only four in the afternoon, but it's getting dark. Fortunately, they were driving and Feng Yu was able to reach Master Sun's house before dinner time. Master Sun was very happy that Feng Yu could come and visit him.

To Master Sun, Feng Yu was usually a little quiet but he studied very hard. Only his grades for Russia and math are poor, and most likely won't be accepted into high school in the city. But he should still be able to enter another high school in the district.

After politely declining teacher Sun's dinner offer, Feng Yu returned to Li Shiqiang's house. After dinner, Li Shiqiang went looking for people who wanted foreign currency. Feng Yu would only return to the farm in the afternoon. Who knows, they might be able to get more RMB in exchange for foreign currency at the International Hotel tomorrow morning.

It was around ten p.m. when Li Shiqiang returned. He has issued several foreign currencies and returned with over 50,000 RMB.

"Brother Li, do you think it's easy to make money?" Ask Feng Yu.

Li Shiqiang nodded: "You're smart unlike me. I did not learn much and was not highly educated. If we keep doing this for a month, the amount we make in a month will be more than my annual salary. ”

“There are more profitable businesses. You interested? "Ask Feng Yu.

"More profitable?" Li Shiqiang's breathing became even faster.

"Countrybligation!"

“Xiaoyu, you keep telling me about Treasury bonds. But I understand more about state bonds than you do. You cannot make money from Treasury bonds and these bills cannot be used as cash. You will also have to wait until maturity to get your money back. "Li Shiqiang replied disappointedly. ”

Everyone who works for the government is forced to buy state bonds. They are promised there will be interest for this bill in the future. Who knows what will happen in the future.

“Sister Li, don't you read the newspaper? State bonds will soon be traded and will be like commodities. Ten-dollar state bonds can turn into 11 dollars. ”

Li Shiqiang shook his head, “I still think changing foreign currencies is more profitable. ”

Feng Yu said angrily, “Do you really think that earning from foreign currency trading is so easy? It's illegal. Although no one is catching us now, how much longer can we produce this? Also, you do not know any foreign language. What are you going to do when I get back to the farm? In addition, employees at International hotels have noticed us. They'll come after us tomorrow if we're there again. ”

Li Shiqiang froze. It's very profitable and we can't do it anymore?

Seeing Li Shiqiang stop talking, Feng Yu continued: "Is the interest rate on Treasury bills higher than banks?"

"Yes, this is higher than fixing the deposit, but you can't withdraw it. "Li Shiqiang replied.

"I told you that it will be traded soon. Think about this, if I were to offer 9 RMB for 10 of your RMB Treasury bonds right now, would you sell them? ”Ask Feng Yu.

“Of course, I will sell Treasury bills. I don't want to wait too long. "Li Shiqiang replied.

"Religion . There are many people who think the same way as you. That's when the price of the Treasury bill drops and 10 dollars will turn into nine dollars. But there will be people who have spare cash and want to have a treasure bill but no treasure bill on the market. So, they will offer a higher price for it and the price of the 10 RMB Treasury bill will be 11 RMB. '' Feng Yu explained.

"Cannot be. Who would be so foolish as to spend 11 RMB for 10 RMB? The interest rate on Treasury bills may not be too high. "Li Shiqiang never believed that anyone would offer such a high price for a state bond?"

“It's just an example. But if 10. 1 RMB? Do you think someone will buy it? "Ask Feng Yu.

“Teacher Sun told me. His disciple from the capital gave him this internal information. When that happens, we will profit from the price difference. 10 RMB will be 11 RMB and 100,000 RMB will be 110,000! ”The magic was once again used as a shield by Feng Yu.

Li Shiqiang's eyes shone. 100,000 RMB to 110,000 RMB, this is really profitable. His salary was less than 100 RMB a month.

"Xiaoyu, then what should I do?" Li Shiqiang asked excitedly.

"Xiaoyu, then what should I do?" Li Shiqiang asked excitedly.

“Buy Treasury bonds! Buy from colleagues and friends. 9 Offers. 5 RMB for 10 RMB Bonds. Most of them are forced to buy these bills and they will be willing to exchange these bills for cash. Remember, state bonds will be tradable within two months. In the meantime, buy as many Treasury bonds as possible! No one wants to sell this bill two months later. "Said Feng Yu.

“You mean we used all our money to buy state bonds? We have over 100,000 RMB in hand now. What if the news is fake? Why don't we just use 10,000 RMB first? ”Li Shiqiang asked.

He did not dare to take the risk. If the news is fake, all of their money will be kept in these bills and cannot be cashed out until a few years later.

“Even you don't believe me, you have to believe in my teacher. What he said is certainly true. This foreign currency exchange method was taught by him. So let's just say, how much money do we make? If you can borrow money, you have to borrow to buy more Treasury bonds! "

Feng Yu again named Master Sun to convince Li Shiqiang.

Early the next day, Li Shiqiang dropped Feng Yu off at the International Hotel and left. He wanted to exchange this foreign currency as soon as possible.

By word of mouth, many people now knew that Li Shiqiang had the ability to obtain foreign currency and they even took the initiative to find it.

Feng Yu continued to exchange foreign currency in front of the International Hotel. With his persuasive skills, he traded over 40,000 RMB for Rubles and USD.

Feng Yu continued to exchange foreign currency in front of the International Hotel. With his persuasive skills, he traded over 40,000 RMB for Rubles and USD.

Feng Yu was afraid that something bad would happen to him because he was alone and carrying so much money, he stayed in front of the main entrance of the International Hotel. The doorkeeper noticed him and reported it to the manager, Yu Chunyuan.

Just when Yu Chunyuan came out, he saw Feng Yu exchanging foreign currency with some foreign guests. He's very angry. Guests at the International Hotel often approach him to exchange foreign currency for RMB and then he will exchange this currency with some government officials personally.

Yu Chunyuan grabbed Feng Yu's arm: "Who allowed you to exchange foreign currency with foreign guests here? I'll get you arrested! "

Feng Yu smiled awkwardly: “Manager Yu, I helped the cousin change. The leader will be up next month and wants to get some foreign currency to buy some souvenirs back. I have had enough and will leave now. I promise you that I won't come back. ”

Yu Chunyuan looked at Feng Yu's bag. It seems to be full of cash. But Yu Chunyuan could only warn Feng Yu because he did not want to have a bad reputation for bullying children.

Yu Chunyuan warned Feng Yu: “I will let you go this time. If I ever see you bothering my guests again, I'll call the police! You have to go to the bank and make an application to exchange currencies. ”

Feng Yu nodded and left. An hour later, Li Shiqiang came and picked her up. Knowing that they were not allowed to disturb foreign guests at the International Hotel, he felt very disappointed. This is an easy and fast way to make money.

“Brother Li, don't demoralize. We can trade Treasury bonds for a year or two. Once you convert this foreign currency into RMB, you can start buying Treasury bonds. Once it is officially legalized to trade Treasury bonds, we will be rich! You wouldn't disappoint my sister and my father, would you? ”

Li Shiqiang replied firmly, “I will not disappoint them! Starting tomorrow, I will start collecting Treasury bonds! "