Chapter 805 – Financial Sovereignty
Topic.
Now, if you just stay still, it will be created on its own.
“Recently, the U.S. Federal Reserve has been rapidly raising interest rates, causing the exchange rate to skyrocket. The technical term for this is a strong dollar… There are people who are opposed to this.”
I achieved a certain level of recognition.
Appearing on public broadcasts is also simple.
More than that is needed.
It makes the entire nation look only at me.
“That’s what happened.”
“Advertisements are popping up everywhere, whether on YouTube, SNS, or the green window. I guess we can assume this was intentional, right?”
“Of course.”
A worthy situation.
It provides sufficient support.
It’s like a single rope.
‘Becoming a savior.’
The entire nation is hoping.
I hope this damn exchange rate becomes more stable.
It shows what you want.
With advertisements posted on various platforms.
〈 Dollar load, we will block it.〉
It is transmitted with magnificent BGM.
This is CW Securities’ new advertisement.
“The CEO filmed the advertisement himself.”
“Yes.”
“No, wow… It seems like you are conveying a meaningful message? Is it okay to take it that way?”
Very well-chosen.
It is natural that it becomes a national topic.
My intention.
Even first-time listeners will be able to understand it perfectly.
“The people are engulfed in anxiety, and we, CW Securities, representing the Republic of Korea, cannot remain silent.”
Lee Chan-wook catches the dollar.
They say they will calm down the exchange rate.
That alone is not enough.
If it means simply pouring money in.
“While I am glad that CEO Lee Chan-wook is stepping forward… There are also opinions that this is ultimately peeing on frozen feet. What do you think?”
“That’s why I came here to explain.”
“”Oh!!””
It is not effective.
Director Seung-Hyeon Yoon’s point.
It may just go on as is.
‘You have to create a flow.’
I make the public follow me.
It makes us believe that the won won’t change.
“The interest rates between Korea and the United States have reversed. The interest rates in the United States are high, but there is talk that we cannot raise them due to various circumstances at home and abroad. The people are concerned about this.”
It is not easy.
Anxiety.
It is spreading like a fire in a reed field in the fall.
Catch it?
It may be a difficult task for someone with decent digestion power.
“Then let me ask you the opposite question.”
“Oh, yes!”
“If the interest rate in one country is 5% and the interest rate in another country is 3%, will the exchange rate of the country with 3% skyrocket infinitely?”
“!!”
It is possible.
My influence.
It’s about winning the public’s trust.
Add a brief explanation.
So much so that even Bom could barely understand it.
“That can’t be possible… It has to stop at an appropriate line. The current exchange rate is far outside that appropriate line.”
Such an explanation.
It doesn’t have much meaning.
In the end, people believe what they want to believe.
‘When you listen to someone who tells you a story you want to believe.’
The human brain is in full operation.
Just like the boneless fish enthusiasts who listened to the Thorn Removal Research Institute.
“Is 1,400 won too high?”
“Let’s say about 1,300 won.”
“OK. Thank you!”
I hope the exchange rate goes down.
It is to make a statement that satisfies that.
Host.
The oatmeal fits well.
The reaction is also quite satisfactory.
“If it goes down like that, I really don’t think there’s anything to hope for. But… There are some people who are concerned that our economy is not strong. How do you view such claims?”
Nevertheless, there are people who view the world from a conspiracy perspective.
Actually.
‘Especially in the community.’
Negative thoughts.
If you only want to see the bad side, it is possible.
“Put your hand on your heart and think about it. You don’t usually read a single economics book, right? You’ve never even looked up economic indicators, right? Furthermore, you don’t even follow economic news, right? So why are you making such a fuss as if you suddenly realized something?”
“”…””
This is especially true the larger the scale.
It is difficult to understand the overall situation.
I am drawn to provocative news.
That’s why we need to think more rationally.
“When we get stabbed with a knife, it hurts. It seems like a big problem, but in reality, think of it as a giant over 100 meters tall. It’s not a knife, it’s a needle. The close-up shows only the stabbed area bleeding profusely, making it feel like the situation is serious. It is.”
Economy.
From the perspective of the public, this is the part where mistakes occur the most.
‘How big of a country is Korea?’
It has one of the largest export volumes in the world.
This means that a lot of dollars are coming in.
Foreign exchange reserves are also solid.
This is because the Bank of Korea also has PTSD.
“It’s mostly like this. They don’t consider the size of our country’s economy at all and only look at the bad parts in close-up. Korea’s weight class is different from 20 years ago.”
“Ah… So that’s what the experts think?”
Is Korea not a developing country?
This is an idea that only Koreans in the world have.
I don’t know the changes of the times.
They try to look at their own country too critically.
‘Thanks to such stupid people.’
Foreigners can easily make money.
Shaking off the ants at the funeral.
“It is true that the economies of countries around the world are faltering because the Federal Reserve is rapidly raising interest rates. However, a country as strong as Korea is only scratching the surface. There is no reason to be afraid.”
Such a reality.
In order to change, having money is not the only thing.
Trust must be the foundation.
The fact that I presented a positive view.
“Wasn’t our country ruined?”
“I thought the IMF was coming.”
“If Lee Chan-wook says so…”
Market participants.
No, it reassures the people.
It is the most important part of the economy.
‘Even if it’s not actually a crisis.’
I think it’s a crisis?
Negative psychology can lead to a real crisis.
This is why economic indicators reflect expectations.
In other words, controlling psychology.
“Then, are you buying Korean won?”
“That’s why I filmed the commercial.”
“Ah~~!”
It is the power that can control the country’s economy.
A decent location.
‘Because I have it.’
There is no reason not to use it.
Leading the exchange rate war to victory.
* * *
Psychology.
It is the most important factor in the financial market.
Stocks plummet.
Interest rates soar.
Foreigners are leaving Korea.
〈 Dollar load, we will block it.〉
It shakes things up like that.
This is why they can dominate the Korean stock market.
“This advertisement is being shown on several TV programs. Probably for the purpose of stabilizing the exchange rate…”
It is blocking it.
Billy Preston, strategic head of Jongpil Morgan’s East Asia branch, bites his lower lip.
‘Lee Chan-wook…’
I knew I wouldn’t stay still.
This is because the stock price of your company is at stake.
It doesn’t matter.
It has no meaning.
It is an operation to wipe out the entire Republic of Korea.
“As the exchange rate is stuck in the 1,360 won range, it is also affecting the stock market.”
“That must be the purpose.”
“Write…, How do you choose the pinpoint?”
The intention.
It was being read.
It is relieving anxiety in the foreign exchange market.
‘Since he has a lot of dollar assets, it can’t just be seen as a bluff.’
It is true that it has a certain amount of power.
CW Securities’ holdings are clearly significant.
The influence within Korea cannot be ignored.
It is quite possible that the exchange rate will stabilize.
“As the won has soared in a short period of time, global short sellers are coming in. It will only be a matter of time before the balance of power is restored.”
Such a situation.
I wasn’t excluding it.
If you short sell a country’s currency.
‘If you take such a drastic step, thank you.’
There is an intervening force.
Some companies, banks, or the government are taking action.
Even calculate that.
A backup plan in case something unexpected happens.
“If there is this much liquidity, we can reorganize our positions.”
“It will be easy to secure supplies.”
“Let’s push it again!”
“But this time.”
“”?””
The same applies to companies, banks, and governments.
The movements are extremely clumsy.
What if you fight technically?
Although we cannot beat foreign organizations.
‘That guy will definitely move too.’
Lee Chan-wook.
His status in the industry is comparable to that of Wall Street professionals.
Some say it is even more than that.
Apart from being jealous and jealous of him.
“Let’s take Jisu down first. No matter how influential Lee Chan-wook is, he can’t stop everything on his own.”
The fact that there is ability cannot be denied.
He is a man who knows how to do unexpected things.
‘At least.’
It’s not something I ate for a day or two.
I know better when it comes to the movements of the Korean market.
Why?
Data is accumulated.
How to effectively instill fear.
─Short sell order has been filled!
Exchange rates aren’t everything.
Large-scale spot selling in the stock market.
‘It’s like the chicken and the egg.’
It amplifies market participants’ preference for safe assets.
It promotes fear.
We are in a position to do that.
Financial powers classified as ‘foreigners’.
“It’s easy. Institutions are already getting out of the way.”
“They are like that.”
Korean institutions are not groveling for no reason.
If you collide, you will suffer loss.
‘It is the difference between those who know and those who do not know.’
CW Securities.
It is true that it has considerable power.
It has an influence that cannot be ignored.
It stands above him.
The world’s largest investment banks are standing behind it.
─Short sell order has been filled!
There is an all-out attack by foreign organizations.
