God of stocks chapter 432
Chapter 432 How to solve the situation (4)
Director Hong raised the glass he was holding and suggested a toast. Min Yoon-seo accepted Hong’s toast by bumping into the wine glass he was holding. Director Hong smiled and looked at Lee Sang-hoon with an expression of satisfaction. It was from the confidence that Lee Sang-hoon would never reject his proposal.
And, as Director Hong expected, Lee Sang-hoon did not reject the current offer. Director Hong gave a proposal that was too big to refuse.
“It seems that everything I will be talking about is over, so I will stop dropping out of the place where you two are intimate. Yoon Seo. Sorry. You both interfered.”
“No. Rather, thank you for making a reservation for us.”
Looking at Director Hong about to get up faster than expected, Yunseo Min smiled and gently greeted Director Hong. She didn’t know exactly what Hong’s proposal meant, but Lee Sang-hoon’s expression made her notice that it wasn’t a bad proposal.
However, with greetings, the restaurant door opened once again before Director Hong got up. The three sitting at the same time looked at the door of the restaurant.
The staff urgently tried to stop the person who tried to enter, but the black suit people who followed him did not even approach him and gave way.
While the employee was talking to people who seemed to be bodyguards or attendants, he stepped up to the seat of Lee Sang-hoon.
Lee Sang-hoon and Hong, who confirmed his appearance, faced each other. Isaiah Hong Yes, but it was because the person who came now was not the person who could come to such a place.
The two faced each other and got up from their seats. He lowered his head and looked up and raised his head toward him, who had approached him, smiling and greeting him as if when he did.
“What is the Minister doing here?”
Director Hong spoke first, but Minister Kang XX pushed him away from his seat as if he wasn’t interested in him, and then sat down naturally as if the chair was his own.
“sit down.”
He didn’t know who was the owner of this seat.
Min Yoon-seo talked to Lee Sang-hoon with a straight expression with a face asking what this was. However, like Min Yoon-seo, Lee Sang-hoon, who does not know English, was the same. I couldn’t get a sense of why he appeared here.
It was only after Lee Sang-hoon, Min Yoon-seo, and Director Hong sat down on the new chairs brought by the staff, and then Minister Kang said, looking around the foods on the table.
“You were eating. Hey. Here I come with the same thing.”
The embarrassing seemed to have been the same with restaurants. The bodyguards blocking the door of the restaurant from inside and outside and the view of the river sitting at the table seemed embarrassed.
“What is wine? Hey. Bring out some good things. Bring the most expensive one here.”
It made me feel embarrassed to see them screaming as if they were at home.
In a hurry, people who looked like chefs in the kitchen and staff came to the place where Minister Kang was and said hello.
“Thank the Minister for visiting our restaurant. The lamb that came in today is fresh… … .”
“I know. I’ll get it out quickly. I like toasted. I can’t eat anything dripping with blood, so cook it well and serve it.”
“Yeah. Then I will prepare with sincerity.”
“Oh. Hey. chef. Even these friends have cooled down because of me, so warm them up again.”
I even frowned a little to see if I didn’t like the expression of the chef, but as soon as I loosened my face and smiled, grabbed the plates of Lee Sang-hoon and Min Yoon-seo, and quickly escaped, the rest of the staff also left Lee Sang-hoon’s seat. Now there are only four left.
Minister Kang took a cigarette out of his pocket, bit it in his mouth, and lit it. Whether he didn’t know he couldn’t smoke in the restaurant or wanted to let him know he was special, he pulled a bottom-up salad plate towards him and smoked.
“I met Deputy Minister Kim Jeong-soo this morning. But the friend told me an interesting story. You asked for a rate cut? I wanted to hear the story, so I came to your place.”
Lee Sang-hoon closed his eyes at the words of Minister Kang. He said he was telling a story, but not that he would send Minister Kang. When I learned that it was because of my story that I was facing a person I didn’t want to face, I thought that I was saying something useless.
It was decided to sell off anyway. There was no reason to make such an offer, but at the time, I was handed over to the idea that if I did so, it might seem as if I had given the favor to the Ministry of Finance. But I didn’t know it would result in this. Lee Sang-hoon regretted that he had done something useless in his heart because it was something he would never have done.
Still, he said, facing Minister Kang, after taking control of his heart as much as possible.
“Yeah. This is the best way to get around this situation right now.”
“The best number? Aren’t you trying to tell me to destroy my country?”
“I was suggesting that the country go well. I don’t think there is anyone in Korea who wants the country to fall.”
“okay? Why does that mean that the country will be good? Don’t you think about prices? If you cut the interest rate here and the price rises, who is telling me to take the blame?”
I heard that it is not favorable to the rate cut through various channels. However, when I heard the story from myself, I felt dark as to how to persuade him.
But at the moment,’No. It’s okay if I don’t cut the interest rate.’ Since he was already on the back of a tiger, Lee Sang-hoon decided to go as far as he could go.
“Rest rate cuts are a global trend. Korea is also forced to cut interest rates. All countries, including the United States… … .”
“Hey. Who are you?”
“I met you and said hello last time, but you can’t remember. I am of Infinity Equity… … .”
“Oh~. Know. I remember. I remember, so shut up. I’m not here to talk to you.”
Director Hong came out to help Lee Sang-hoon, but Minister Kang cut his back. Director Hong closed his mouth with a face regretting that he could not leave his seat quickly.
Lee Sang-hoon smiled on his face.
‘It’s a typical twist.’
It looked like a sample of a person who unconditionally thought his thoughts were right. And he seemed to be a person who didn’t bend his opinion more to repulsion if he had opinions against his thoughts or if he showed an appearance trying to persuade him.
“Why are you laughing?”
He was trying to condemn his smile. However, Lee Sang-hoon did not intend to bend over such an appearance. It was because the reason I came this far anyway was obvious.
“I think you have come because you are thinking of lowering the interest rate.”
It was clear that it would not have come at all if I had not thought of it. It seemed that if he had come, he would have settled his thoughts, and now he thought that he only had to create an atmosphere that he made his own judgment.
Lee Sang-hoon decided to gently confuse him. It was because I felt I had to give him only a few reasons why a rate cut would help.
“Why do you think so?”
“If you hadn’t thought about lowering the interest rate, you wouldn’t have taken the heavy steps of the minister in the first place.”
“Are you saying you’re fat with me now?”
“The heaviness I’m talking about is not the minister’s weight. I was saying that there is nothing heavier than that if a big person in our country that everyone in the world knows takes steps.”
“okay?”
Min Yoon-seo almost burst into exclamation at the appearance of taunting the opponent without even applying saliva on his mouth. It was because Min Yoon-seo knew who Minister Kang would be even when watching a few words from the side.
Minister Kang looked at Min Yoon-seo and turned his head to Lee Sang-hoon and smoked. Lee Sang-hoon did not avoid the gaze of Minister Kang. Because there was no reason to be afraid of him.
“I cut interest rates. Ha~. boring. There are a lot of people saying that interest rates should be cut here and there. But you should be able to do it.”
“Why are you not doing it?”
“I don’t know, however? Did you talk about your thoughts on the government’s interest rate policy on radio and TV? But you’re cutting interest rates here? So how much would you laugh at? You’re not going to see me as an idiot.”
In the end, what he was afraid of was worrying about making fun of himself. Lee Sang-hoon smiled again at the words.
“Then, isn’t it all right if I don’t let others look at the minister laughably?”
Minister Kang rubbed cigarettes on the plate and turned it off. Now the plate seemed to be left out to the customer.
“What should I do if I don’t let me look down on me? How do you do that?”
It was Minister Kang showing interest soon. Lee Sang-hoon felt that he was almost over. So I spoke more confidently.
“Would it be okay to ask first how far you are thinking about the rate cut?”
“Hmm… … .”
Minister Kang again took a cigarette out of his pocket. And the way he keeps hitting the floor and stuffing tobacco leaves seemed to show in action that he didn’t like the extent of the interest rate cut.
“I cut it by 25bp a while ago. So I was just going to skip this decision. However, I’m not alone in my worries as the bankers of the Bank of Korea and those who are doing economic advisory or something are constantly whining about the need to cut interest rates. And what did I say when deciding the interest rate in October? He said there was no rate cut within this year. But it is crazy to cut it again.”
Unlike the first time I spoke, it was a spectacular view of the river, revealing the insides little by little. Lee Sang-hoon beat him up and cheered him up.
“I understand. From the standpoint of running the country, taking a different stance from the standpoint of running a country is worth getting on top of people’s cutting boards. But isn’t the situation special now? In special situations, you have to move accordingly. And it’s all you have to do to get people out of their minds before getting on the cutting board.”
“So how is that?”
Lee Sang-hoon smiled and picked up a glass of wine. Then he squeezed his throat with a sip of wine, then leaned slightly toward Minister Kang and said.
“From the Minister’s words, it seems that you are considering a 25bp cut in the interest rate decision this November, right?”
Instead of answering, Minister Kang nodded, smoking a cigarette. Lee Sang-hoon continued the story with confidence as his expression changed from the first time he was in the seat.
“Then, people will blame you as you worry. It’s too late.”
“so?”
“But if you do something that people don’t think of, you can reverse the mood, not blame.”
“Something you couldn’t think of?”
“How have the US and other countries cut interest rates? We decided to cut it by 50bp as an emergency meeting, not during regular meetings. There is no law that we should not do that either. Didn’t we cut the 50bps by holding an emergency meeting right away in 9/11?”
“Don’t talk about the past regime. Why do you keep talking about other camps.”
The story of the pre-war regime standing on the same line as the former regime came out and I was offended. Lee Sang-hoon smiled again at the appearance and said.
“At that time, we cut 50bp. This time, let’s go one more step there and cut the 75bp.”
Director Hong also looked surprised at Lee Sang-hoon’s words. It has been less than a month since the 25bp cut. However, if you cut 75bp, the ripple was not easily calculated in your mind.
Minister Kang was also surprised.
“Let’s cut 75bp? Are you sane? Are you not sure about your interest rates?”
“How is it? Isn’t it amazing? The minister is also surprised, but what about the others? Other people will be surprised too. You can’t afford to blame for changing your stance. It doesn’t change the stance, it will overturn the aspect of the game.”
“Hey. Are you sane? It’s been less than a month since I cut 25bp. By the way, 75bp cut. If that happens, we cut 100bps within a month. How are you going to explain the 100bp cut?”
“A 100bp cut. no. The last 25bp cut is reversed from the previous 25bp increase, so it should not be calculated together. And the US cut 50bps. The same goes for Europe. If so, Korea has only cut 25bps more than other places. And in a few days, the US interest rate decision. At that time, the cut is almost certain.”
“Even though… … .”
Minister Kang was also excited about Lee Sang-hoon’s calculations. Lee Sang-hoon said a good word to Minister Kang.
“Aren’t there any good stories? Preemptive response. We don’t look at the current situation as usual, and we cut 75bps in order to proactively respond to the market. How is it? Wouldn’t it be plausible?”
“Hmm… … .”
Minister Kang seemed to think while bowing his head without answering Lee Sang-hoon’s words. On behalf of him, Director Hong asked Lee Sang-hoon a question.
“If the US doesn’t cut interest rates, this would be nothing more than taking a rush and jumping into the flames?”
Minister Kang looked up at Lee Sang-hoon to see if he thought the same thing.
Watching Minister Kang smoking a cigarette, Lee Sang-hoon also thought that he wanted to smoke. However, he answered Hong’s question by pressing his heart.
“Now the US cannot help but cut interest rates. As you may know, FF futures for bonds are expecting a 50bp cut rather than a 25bp cut. You don’t cut it in such a situation? It won’t happen unless America is deciding to fall. And even if we don’t cut it, we still have a regular meeting to decide the interest rate in November. If the US doesn’t cut interest rates then it can be put back into place. Isn’t that the best part of having an emergency meeting?”
At Lee Sang-hoon’s words, both Minister Kang and Director Hong lost their words.
korean novel God of stocks chapter 432
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