Two-Pronged Approach
On the way back, Mr. Truman saw a roll of Little Yellow Sheet carried by Lin Qi. He asked with some surprise, "Are you interested in any project?"
He knew what Little Yellow Sheet was, and naturally knew that Lin Qi was unlikely to suffer a loss in this regard. The only thing that might have prompted him to buy these Little Yellow Sheet was that he discovered a potential project, so he decided to invest.
To a certain extent, Little Yellow Sheet is a carnival of scammers, but it is not illegal in itself, and there are many legitimate legal procedures.
For example, when an inventor or promoter entrusts a stock brokerage company to issue these Little Yellow Sheet, he or she will sign a partial rights transfer agreement to ensure that the person who purchases Little Yellow Sheet indeed owns part of the inventor or promoter's rights to a certain thing.
Lin Qi nodded, "There is an inventor working on Wireless Radio Positioning System. I think this system has great potential."
Mr. Truman nodded, "This is really a good project!"
Lin Qi glanced at him, "Your tone is not as reassuring as what you said!"
The two looked at each other and smiled, but neither of them continued talking on this topic.
In fact, Department of Defense has long ago commissioned some Military Industrial Group to conduct research on Wireless Radio Positioning System, but the current research results are not satisfactory to everyone. As long as the target remains radio silent, Wireless Radio Positioning System will become blind.
There are even similar studies in other countries, and they all face roughly the same problems. Some people have even made reflection systems, but there are big problems with their accuracy. In short, these things are still under continuous research and have no practical value.
Mr. Truman believes that Lin Qi will not get any return on this project he invested in. As far as Lin Qi himself is concerned, at 12,000 yuan, it may be in vain, but there may be some unexpected gains.
After returning to the city, the two of them left separately. Mr. Truman still had a long list of work waiting for him, while Lin Qi was invited to attend a small party, a gathering of capitalists on how to further expand profits.
The organizer is Herbert, those crazy speculators who absorbed a large number of bonds at the lowest price. Regardless of whether they and Lin Qi's attitudes or political stances were aligned before, at least they made a heavy bet in this area after being persuaded by Lin Qi. Now everyone's interests are the same.
For businessmen and capitalists, political stance is just a means for them to better obtain profits, and profits are the fundamental concern for them.
Now that the relationship between Federal and Gefra is heating up, some matters that were not originally included in the plans of the two countries have gradually begun to be negotiated, including the exchange of War Bonds.
Gefra recognized the legality of Federal's current bonds and was willing to cash in these bonds to a limited extent. For example, after several negotiations, they raised the repurchase price to 60% of the face value.
Although their attitudes have changed very positively, this positivity still makes people feel sick.
People bought their bonds for a hundred dollars, expecting to get at least a 130% return when the bonds matured. They themselves promised the same, or even more.
But now, they are only willing to spend 60 yuan to collect these bonds, which means everyone loses at least 40 yuan.
Including the interest and derived profits that the money should have generated during the long war, people actually lost much more than forty yuan.
This is obviously unsatisfactory, but what is even more stupid is that some people actually started to ship large quantities of bonds. They were afraid that if Gefra changed the policy again, these bonds would rot in their hands.
The shipments of these people actually gave Gefra the feeling that the price they offered was high, so no matter what progress is made in diplomacy in the short term, they are unlikely to continue to increase the price of bond recycling.
And tonight's party is just for this matter.
Lin Qi came a little late because he attended the exhibition. When he entered Side Hall of the Herbert Manor, everyone who was supposed to come was almost due.
"Sorry, I was delayed on the way." was a very insincere explanation, but everyone accepted it.
In Federal, a society that values economic strength, the thing that measures a person's status and value is wealth. If Lin Qi has wealth, lots and lots of money, then he will definitely be respected by people.
"I'm waiting for you!" Mr. Herbert personally sent Lin Qi a glass of strong wine. Lin Qi thanked him and found a place to sit down.
Mr. Herbert saw that everyone was almost here, and started to talk about something related to the theme of tonight's meeting, "The things I want to talk about tonight are actually related to Mr. Lin Qi..."
He looked at Lin Qi and nodded slightly in greeting, then continued, "Preton Merchant House, or Preton Pirate Group, I have a piece of news here, and I hope everyone will not spread it."
After everyone nodded, Mr. Herbert continued, "Our bilateral relations with Nagaril have made great progress, and it is likely that we will be able to establish bilateral diplomatic relations after the end of the next negotiation."
"The navy has also begun to dispatch, preparing to wipe out the Preton Pirate Group entrenched on Sea Surface."
This information is not a secret. There is a very special saying in Federal, which is called "Congress has no secrets."
Whatever happens in Congress, as long as there is demand, it will soon spread throughout Federal, and everyone will know it. As for the confidentiality system, it is a joke.
Some people even use the vulgar phrase "the belts of female cousins are tighter than the mouths of congressmen" to ridicule those congressmen. Sometimes congressmen are not noble moral people in the eyes of the people.
As a local, Mr. Herbert is also a speculator and capitalist. He has the means to get some inside information.
In fact, other people can also get it, so when he said this, except for a few people, most people were very calm. They already knew it.
But what Mr. Herbert said next moved some people. He said with a slightly confident smile, "But you may not know it well. Behind Preton Pirate Group is Gefra Royal Navy. There are rumors that this time the Federal navy is not going to attack a group of pirates, but the elite of Gefra Royal Navy."
"This is no longer a simple small battle to exterminate pirates, it is related to the strength of the relationship between the two countries, and..." He picked up the cup and took a sip, the hot liquor making his body burn, "... as well as the interests of all of us here, bonds, and maybe some other investments."
The expressions on people's faces became serious. No one was a fool, and fools would not be able to spend tens of millions to speculate on Gefra's War Bonds.
But now, they do encounter some problems. Once the Federal navy loses to Gefra's Royal Navy in a naval battle, Federal's military power loses its deterrent effect, and the country's status will immediately decline.
Now Gefra is still willing to use 60% of the face value to recover those bonds, but what happens after the failure of this naval battle?
How much will they use to recycle? Fifty percent? Forty percent? Or thirty percent? Maybe they won't spend a penny, and they can find any excuse to decide that the bonds are illegal, or refuse to redeem them like they did before, which is enough to cause everyone here to lose a lot of money.
Mr. Herbert's expression also became solemn, "Now we are facing a difficult decision, whether to exchange the bonds or take a gamble."
If they exchange those bonds at the current official price of Gefra, they will definitely not lose money, and can even earn about 20 to 30 percent. This is their total investment income.
But these gains are not equivalent to their previous risky behaviors. They took huge risks for greater gains, but now the problem has become more troublesome and the gambling aspect has become greater.
Bayer Federation has never shown its war strength on the international battlefield. Some Federal local capitalists, including Mr. Herbert, do not believe that the Federal navy, which has not experienced real war, can defeat the Gefra Royal Navy that traverses the sea.
Many people are pessimistic and believe that this war will be a turning point in history. This is why Councilor Welsh opposed this war and some people supported him.
"We have a large number of bonds in our hands. It is not that I have done nothing during this period. I have contacted the Second Minister of Finance of Gefra through some connections..."
Although Gefra is a monarchy, the political system is actually not much different from democratic countries such as Federal, except that their king (president) is hereditary and has high power.
The Second Minister of Finance, equivalent to Ministry of Finance Vice Minister of Federal, is also a very important position and has a lot of power in his hands.
Mr. Herbert must have paid a high price to be able to contact such a person with real power. You must know that in Gefra, power is easier to use than money. Having power can bring wealth, but wealth cannot be exchanged for power!
His eyes roamed over the faces of every woman and gentleman in the room, and his slow speech and clear enunciation ensured that no one could mishear what he was about to say.
"He said that he could find a way to promote a proposal to allow the bonds in our hands to be discounted in the form of 'collateralization', or in exchange for some convenience!"
"To be honest, this method is not the same as our original plan, but it is the safest way I can find under the current circumstances. It ensures that we have enough profits without taking on more risks!"
I have to say that this is an excellent idea, and it attracted many people at once.
After a brief moment of reflection, someone asked, "What do we have to give?"