"Do you know why I agreed to your terms so readily?"
Hearing Secretary Yang's words, both Wang Yu and Lin Chunfeng were taken aback.
"What? Are there some hidden schemes? Why didn't you stop me earlier, Old Yang?"
Lin Chunfeng immediately became displeased. Why didn't he voice his concerns earlier and only offer hindsight advice now? He mentioned there would be big trouble?
If he had spoken up then, there would have been no trouble.
He didn't expect it, to see that Old Yang was also this kind of person!
"What is the issue? Please, Secretary Yang, enlighten me."
Wang Yu was polite, calm, and humble, showing no signs of arrogance despite his achievements and the results he had obtained.
"Hmm, young man, not arrogant or impetuous, very good! Jiangyang County is truly fortunate to have you."
Secretary Yang nodded with great satisfaction and then looked at Lin Chunfeng… still lacking in experience. He could be an excellent administrator with outstanding achievements, but that was all. Further advancement would be difficult!
"Little Wang, actually, all the conditions you proposed are very good and will greatly help and improve our county. Especially your last request, settling only in our Federal currency, is truly exhilarating! These guys from Sam Country are really annoying!"
After taking a sip of tea, Secretary Yang spoke calmly,
"But the problem also lies here."
"Oh? Please, Secretary, show me the way!"
Wang Yu quickly and proactively refilled Secretary Yang's teacup.
The old are wise, and the experienced eat well.
Secretary Yang's rich experience was something ordinary people could not possess, so Wang Yu humbly waited for his guidance.
"The problem lies precisely in settling with our Federal currency," Secretary Yang gently tapped his teacup and shook his head slightly.
"Little Wang, you might not know, but Sam Country and our Federation are different. Their big companies and financial groups can manipulate the country from behind the scenes."
"Oh? I have heard a little about that."
Listening to Secretary Yang, Wang Yu nodded.
How could he not know what kind of people they were? In his past life, these big conglomerates could even directly interfere with the election of Sam Country's leader.
However, since Secretary Yang was offering guidance here, he naturally had to listen attentively.
"What does their manipulation of the country have to do with us? We pay cash for goods, it's a direct transaction, and we're not engaging in diplomacy with Sam Country. Besides, what can our small Jiangyang County count for? Could it be that we have to worry about being targeted by them?"
"Old Yang, aren't you being overly worried?"
Lin Chunfeng said directly, without any apprehension.
"No, I'm not worried about being targeted at the national level. We have our country behind us, how could we fear their despicable tactics?"
Secretary Yang shook his head. "On the surface, we naturally aren't afraid, but we fear them playing dirty tricks."
"Playing dirty tricks?"
"Exactly. Since they can manipulate the country, controlling the exchange rate is not a problem for them.
They can completely pull up the exchange rate from behind the scenes, raising the exchange rate between our Federal currency and Sam currency.
Currently, the exchange rate between our Federal currency and Sam currency is five to one. They can completely raise this rate to eight to one, ten to one, or even higher!
In this way, let alone a 50% price increase, even an 80% increase wouldn't faze them.
They only need to use a small amount of funds to obtain everything they need."
Listening to Secretary Yang's words, both Wang Yu and Lin Chunfeng were stunned.
There was such a move?
"It can't be that serious, right? For us, they would actually raise the exchange rate, that's too absurd!
Old Yang, aren't you exaggerating? I admit they might have the ability, but how important is a country's foreign exchange rate? How could it be changed so easily and casually? This concerns countless economic and livelihood issues!"
Lin Chunfeng interjected from the side.
His face was full of disbelief, clearly thinking that Secretary Yang was making a mountain out of a molehill.
"Why would people in Sam Country go to such lengths to specifically change the exchange rate just to deal with us? Aren't you overthinking this?"
Listening to both Lin Chunfeng and Secretary Yang, Wang Yu nodded slightly. Both of their points had merit.
Secretary Yang was right, Sam Country could indeed do such a despicable thing, but Lin Chunfeng was also right, they wouldn't completely change the exchange rate to affect it for just one small fish like them.
Why use a butcher's knife to kill a chicken? This is already a dragon-slaying saber!
"Hmph, they can't permanently change the exchange rate, but what about for a moment?"
Secretary Yang took a sip of tea and said indifferently.
"The moment they transact and deliver funds with Wang Yu, or simply prepare our Federal currency in advance.
They can pull up the exchange rate at the moment of conversion. After it's finished, they can restore the exchange rate to normal. This way, they can complete all of Wang Yu's orders with just a small amount of money!
The worst part is, even if you know about it, you'll be powerless. Because this is an open plot. They are settling with Federal currency according to your request, and in the end, you'll be the one begging them!"
As Secretary Yang revealed the crux of the matter, Wang Yu and Lin Chunfeng nodded repeatedly.
In that case, it wasn't impossible. Pulling up the exchange rate for one second and then restoring it. Even if there was a loss, these financial groups could bear it. This way, Wang Yu would be lifting a rock only to drop it on his own foot!
Such a insidious, vulgar, and shameless tactic… Sam Country really might use it!
"Wait, Old Yang, you're confusing me a bit."
Lin Chunfeng suddenly spoke, scratching his head vigorously.
"According to what you're saying, the people from Sam Country would pull up the exchange rate at the moment of transaction, then settle with Federal currency, and then pull the exchange rate back.
Calculating it this way, there's no loss for us, is there? The Federal currency we were supposed to receive hasn't decreased, and the value of Federal currency has recovered afterward. We haven't lost anything!"
It really is like that! Lin Chunfeng's words seem to be correct?
"We haven't lost, and Sam Country hasn't lost either. They paid a small amount of Sam currency to get what they wanted,"
Wang Yu said with a smile. "So Sam Country hasn't lost either."
"Brother Wang, you've got me all confused. If that's the case, wouldn't it mean no one has lost?"
Lin Chunfeng's expression was conflicted. He felt something was not quite right, but he couldn't pinpoint it. And what was the big trouble that Old Yang mentioned?
"Yes, on the surface, no one has lost."
Wang Yu picked up the conversation. "But the fundamental issue is that we now have a large amount of Federal currency, which was exchanged for a very small amount of Sam currency originally. In other words…"
"In other words, the ultimate loss is borne by our country's foreign exchange reserves!"
Secretary Yang said sternly. "And you, Wang Yu… the label of colluding with foreign enemies to embezzle state assets is likely unavoidable!"