Then I Convinced Myself
Faced with a question that he himself had pondered for several days, Mr. He Bosi offered his opinion. "I believe that Mr. Lin Qi has already established a position in the foreign exchange market, though I am not sure of the exact amount, which aligns with his motivation."
"He doesn't make money by the Exchange Rate fluctuations of this banknote; he makes money by his foreign exchange account. If he manages it properly, he can make just as much money, and it's a more stable way to do so."
"He has a lot of cash on hand, and he can do whatever he wants, including manipulating Exchange Rate."
At this point, whether people agreed or disagreed with this view, their focus shifted, and someone asked, "Mr. He Bosi, you still haven't told us how much money Lin Qi wants to borrow?"
Mr. He Bosi smiled slightly, "One hundred billion Galil!"
Everyone in the room slowly straightened their spines, and each of them gasped, like fresh bamboo shoots that had grown taller overnight in a bamboo forest after the rain, visibly much taller.
People immediately found reasonable explanations for Lin Qi's unusual behavior, such as that he didn't have that much money!
Ten billion Galil would require approximately seventy to eighty million Federal Sol. Even world-class conglomerates couldn't come up with that much cash in a short period of time! It's not that they don't have that much, but rather that they can't allocate it in a short time, otherwise it would affect their normal operations.
If large conglomerates can't do it, then Lin Qi certainly can't either, so he can only borrow, not redeem!
With the problem solved, people's expressions returned to normal, and they began to focus on what collateral Lin Qi had used and how much interest it would be.
"Lin Qi has a batch of bonds in his possession, I don't know if you are aware of this..." Mr. He Bosi briefly explained the origin of these bonds and why they were in Lin Qi's hands.
Listening to his explanation, everyone couldn't help but admire Lin Qi's keen insight; he successfully bought at the bottom when these bonds were at their least valuable.
Even if he doesn't demand the face value and the promised interest now, and only cashes out 60% of the face value, he would still have an income of about 50 to 60 million. Of course, this income would take a long time.
It will be painful for Gefra's Royal Bank to spend so much money at once, especially since they have recently reportedly initiated several military projects.
The Ruler's Hall of Gefra and the Congress Hall of the Federal are known as the cleanest and most transparent places in the world, where not a single secret can be kept. A meeting is held in the morning, and by the afternoon, the whole world knows about it.
Even if they only exchange a small amount for Lin Qi each year, it would still be a considerable income.
"If Mr. Lin Qi uses these bonds as collateral, I think it's appropriate!" someone quickly agreed. As for the specific amount, that was something to discuss in detail after they made their decision.
"And what about the interest, Mr. He Bosi?"
At this moment, a glint of greed and cunning flashed in He Bosi' eyes. He licked his lips and said, "When Mr. Lin Qi and I were discussing the valuation of this bond, we had some disagreements about its value, which led to a betting agreement. I must let you know about it."
"I believe the value of these bonds cannot be calculated at their face value, but Mr. Lin Qi thinks I am wrong, and we have expressed our opinions on this matter."
"In the end, I agreed to Mr. Lin Qi's idea and would lend him the money in full..." He saw someone about to speak, so he raised his hand to stop the guy and continued, "And we signed a betting agreement."
"If the Gefra announce their willingness to unconditionally honor these bonds, or at least the bonds held by Mr. Lin Qi, before the loan agreement is fully executed, then this loan will not accrue any interest!"
Some people gasped in surprise, clearly not expecting Mr. He Bosi to make such a foolish decision, but then their gasps grew louder.
"But similarly, if Gefra does not have a new policy regarding these bonds after the loan agreement is fulfilled, then these bonds will be transferred to me, or to us, as interest!"
The people's breathing quickened instantly. A group of vampires wasting their time sitting together was definitely not to discuss art and beauty; all they were talking about was profit! "All...?" the person who had been about to speak asked, "Tens of millions of Federal Sol in bonds, all of them?"
Mr. He Bosi nodded, confirming this again. "Yes, all the bonds pledged to us will be paid to us as interest!"
Everyone's expressions changed. If they had previously thought that the loan between Mr. He Bosi and Lin Qi was a bit too frivolous and that something was clearly off, at this moment they understood why Mr. He Bosi insisted on inviting them here to discuss the project.
At this moment, everything else became unimportant. What mattered was the final betting agreement. If successful, their returns would be at least 50%! In an era where even a return of less than 20% could be considered king, the opportunity to gamble for a return of over 50% in just a few months was worthwhile, even with some risk! If they lost, they would only lose interest. Frankly, this money was just sitting in their own bank accounts, not generating any profit out of thin air. But if they took a gamble, they could become rich instantly!
"I have about seven or eight hundred million Galil in cash here..." After a brief moment of calm, someone immediately started doing the math. "I think this is a good job. Count me in!"
At this point, no one was considering whether those irrational actions had any real significance, because this was a gamble that they couldn't afford to lose! If they won, they would have no financial pressure for at least two or three years.
If you lose, you're simply giving your money to someone else for a while, and when you get it back, you can even make a profit from the Exchange Rate appreciation. It's a zero-risk, sure-win deal, so why can't you do it?
As for why there are fools in this world, actually no one is a fool. If Lin Qi wanted to raise so much money, he had to make some sacrifices, otherwise who would lend him so much cash? Everything that seemed illogical suddenly became logical, and everyone became excited. Even the guy who kept saying that this place stank had a genuine smile on his face.
Good news reached Lin Qi a little later: the Cement Factory was under construction, and he also received a message from Mr. Truman that Preton had been captured.
This news was indeed very encouraging. What surprised him even more was that Preton not only did not resist, but also cooperated very well with the National Security Committee, which greatly increased the success rate of his subsequent plans.
Actually, it wouldn't matter if Preton hadn't been caught, because there are countless "Preton" in the National Security Committee, and the Federal has arrested quite a few people associated with Preton.
And judging from the importance that some people attach to Preton in private, it wouldn't be difficult for them to reconnect.
Moreover, even if they couldn't reach him, there were other ways to get Gefra Emperor to compromise; politics never has only one path.
Of course, it would be even better if Preton himself cooperated.
The arrival of two pieces of good news at the same time made Lin Qi very happy. This is probably what it means to be in high spirits when good things happen. Even Mr. He Bosi' old face became more pleasing to the eye.
"I can raise about eight to nine billion Galil cash, and it would be difficult to raise more than that," Mr. He Bosi said very frankly and directly, there was no need to hide such figures. "You have invested so much here that some neighboring countries are watching."
The Federal's development of Nagaril appears to some as plunder, but others are envious of the fact that Nagaril can be plundered.
Sometimes the facts, or the truth, can be shocking, yet so real.
Previously, the Galil was worthless and nobody wanted it. Unless it was used for trade with the Nagaril, very few people would hold this worthless currency.
But now it has stabilized and has room to rise. The banks that were once willing to lend money have said that they do not have enough. Mr. He Bosi originally thought he could raise 10 billion Galil, but now it seems that he cannot raise that much.
Although it's not quite 10 billion, it's close enough. Lin Qi nodded. "The transaction will take place in the Federal, is that alright?"
It was precisely because the major banks did not have enough Galil reserves that when Lin Qi needed cash, he could not complete the process through interbank transfers and could not simply add a string of numbers to the account designated by Lin Qi; a cash transaction was required.
Lin Qi's demands increased the risk, but for these International Banker, it wasn't a big problem.
They have their own armed forces, but they only send money to the Federal —something they do all the time! "Of course, let's talk about the next few things..."
This negotiation only laid out a rough outline for the contract; they will discuss more specific details at their next meeting.
This period was when He Bosi and his associates went to raise funds.
This money isn't just stored in one place; it could be in several places, or in the hands of some people. They need to take it out, consolidate it, and then compile a detailed figure, as well as how they internally divide the rights and interests.
If Lin Qi loses the betting agreement, how his bonds will be divided, who will get more and who will get less, these things need to be discussed.
Before these issues were settled, Mr. He Bosi was unable to discuss the matter further with Lin Qi; he was merely briefed on the progress and general outline of the matter, nothing more.