Manhattan Reborn 1978
Chapter 657 Trip to Hawaii (49)
On the Pacific Ocean, Hawaii.
398 Corudilla Avenue, Honolulu.
night~
In order to welcome Livlin and Leslie who had just arrived from California, and also to send off Alto and Ludi's eldest son Asty, David organized a semi-buffet dinner in the front yard of the vacation home.
on the lawn.
Old Malkin's wife Serna and eldest daughter Manqi sat at the side, watching the four children chasing and playing around Cui Yingying and Madonna, relaxing and enjoying the rare "moment of quiet"~
Professor John Nash and his wife, whom David specially invited tonight, were surrounded by David, Giles, Leslie, Bloomer, Livlin, Tilda, and Lilith, all talking. Asking the two people all kinds of strange questions.
The cause of all this is that David was "talking" for a while, and said all the "straight male routines" used by Professor Nash when he was chasing his wife Alicia: If you don't learn it, you will regret it for the rest of your life. A guide to chasing girls." .
And the little secretary Maggie, Toby Olga, Kihara Nobunari, Alto, lawyer George, Asti, Giovanni and his wife, Michelle Pfeiffer, Mirala and others who are also very curious about this aspect. , Zhang Jiaan and several others. .
They also gathered around with their ears pricked up, listening to Professor Nash, who was somewhat "socially afraid", hesitatingly telling the "interesting stories" between him and his wife~
Even Mr. Gardener, Brotney Mejia, John Nash, Zhang Maochang and the butler Acklade, who thought they were not that curious, could not help but stand a little further away and listened with interest. With. .
What kind of "magic" did John Nash, the most talented "nerd" at Princeton University more than 20 years ago, use to capture the heart of a beautiful woman like Alicia~
Professor Nash and his wife, who were sitting in the center and focus of the crowd, were secretly glad that they did not bring their children to play with them tonight. .
Alicia rolled her eyes at David who was grinning evilly with a hint of reproach, raised her finger and pointed at the stars in the clear night sky, and said with a smile.
"In the era when we first met, there was no Apollo program, and no one had ever seen the entire planet we live on from space."
"So, those scientists who love astronomy can only use astronomical telescopes and their own rich imagination to build their own star map, solar system and moon."
"For example: Look, that's Orion that we can see with the naked eye!"
"And over there... Capricorn, Aquarius, and Pisces are all one of the zodiac signs..."
"Especially Pisces. It is to the west of Aquarius and to the west of Aries. Its main star is Neptune~"
"It is said that Galileo accidentally observed the existence of Neptune more than 300 years ago."
"However, due to the relatively backward observation equipment at the time, Galileo mistakenly thought that Neptune was a star in the distant sky."
"So the discovery of Neptune is not attributed to him."
John Nash tilted his head and looked at his "beautiful" wife, held her hand in his, and continued with a smile.
"The story about the discovery of Neptune... caused a heated debate between many scholars in Britain and France more than 100 years ago~"
"French astronomers and mathematicians all believe that Urbain LeVerrier, an astronomy teacher at the Ecole Polytechnique, made the most accurate prediction of Neptune's trajectory."
"Because when Neptune was confirmed to be observed, it was less than 1° away from the position predicted by Le Verrier~"
"The British scholar community believes that Cambridge University professor John Couch Adams reported his discovery to the Royal Astronomical College three years before Le Verrier completed his calculations and gave a Predict location..."
"But~"
"The position predicted by John Couch Adams differed by 10° from the observed position of Neptune~"
"In other words, although Adams predicted it earlier than Le Verrier..., the accuracy of his prediction was far lower than Le Verrier."
"So, after years of debate between the two countries, the French astronomer Le Verrier finally accepted the identification of the British sweet scientist Adams as the co-discoverer of Neptune."
"Tsk tsk~"
David turned his head and looked around at the people with different expressions, grinned and shook his head.
"For a great discovery like this that will go down in history, if no one fights for it... that would be the most surprising thing, right?"
"An honor that is constantly praised by people..."
"There may be some people who look down upon it~"
"But most people will never give up the opportunity to chase it!"
"...Hmm~" Livlin G. Cherov, holding Lilith in one hand and holding Tilda in the other, teased David with a smile.
"Then you want to write a book...why?"
"I?"
David shrugged naturally, spread his hands to everyone around him and said, "If I tell you, you might not believe it~"
"I never thought at first that I would write a professional book on economics..."
"I just listened to a lot of news reports and some comments in newspapers when I was bored. I thought these were very interesting... and then I slowly came up with the idea of learning about it~"
"Because, I'm very curious~"
"Why was it that when the stock market soared a few years ago, a group of young people on Wall Street who were not much older than me were able to earn my year's income in a very short period of time?"
"Could it be that...if I missed going to college, I missed the opportunity to make money?"
"Hehe~"
David turned his head to a few college graduate friends, made a face, and continued before they could speak.
"ok! I know~"
"of course not!"
"They can learn almost everything in college, but there is no course that teaches students how to make money~"
"Because the various professional knowledge learned in various universities can itself enable them to earn an ideal income in different jobs."
"but!"
"When this group of college students who graduated from prestigious schools walked out of campus... what they had to face was not as simple and easy as they imagined~"
"In the current period when the domestic unemployment rate is rising, finding a job has become a major problem in life that they have to face immediately after graduation!"
"It's like...I am in my hometown town, and I have some other high school classmates~"
"Although some of them went to college, after graduation they submitted countless resumes and went through countless interviews, but still could not find a job with a stable income."
"My classmates who graduated from high school and went directly to technical schools to learn various practical professional skills found a very good and stable job after graduation~"
"Some people even marry their girlfriends directly after graduation and start their own families~"
"And my high school classmates who graduated from college not only have to bear high student loans, but they also have to grit their teeth and continue to look for opportunities that can change their current situation~"
When David said this, he picked up the juice cup in front of him and took a sip. He saw everyone's expressions and smiled.
"I have asked myself many times in my heart~"
"Money, what exactly is it?"
"Um.."
"Money can pay my rent!"
"Money can make me feel more confident..."
"It can give me a great sense of security!"
"Money can help me realize all kinds of ideals and wishes!"
"But... the problem is back to the original point."
"How should I make money?"
"When I was full of questions and looked for answers in various books..."
“I was surprised to find~”
"It turns out that countless people have had the same problem as me!"
"But when these people kept looking for answers, they all came up with conclusions that I couldn't understand."
"For example: money is the commodity currency in circulation that people recognize."
"It could be a gold coin, a silver coin, it could be a rice dollar or a pound, it could be anything that the majority of people would recognize."
"But the money I come into contact with is all colorful banknotes..."
"Why it is like this?"
"Do these full-page banknotes printed by banks have some kind of magic power?"
"Hehe~"
David crossed his legs, put his hand on the shoulder of Giles next to him, and asked.
"Have you ever been confused like...the harder you study, the more you feel ignorant?"
Giles scratched his head with his hand and smiled: "Yes..."
"Hahahaha~ You've got a fart!" Blumer and Leslie pointed at him "mercilessly" and laughed.
David waved his hands to the two of them: "You two are also top students who graduated from prestigious schools!"
"Then let me ask you - have you read "Money and Banking" written by J.H. Horswarts in 1914?"
"Uh..." Leslie thought for a moment with his mouth half-opened, then shook his head to express that he hadn't seen it.
Blumer shrugged with a weird expression, spread his hands and said, "Our professor once talked about some of the things in this book..."
"So, you haven't read through it?"
"..No~"
"Tsk!"
David praised his "witness" in his heart and smiled.
"The publication of "Money and Banking" represents the rise of the discipline of money and banking~"
"In the following decades, a series of changes of the times occurred in the economic field around the world~"
"For example: the introduction of Keynes' macroeconomic theory..."
"For example: in the 50s after World War II, central banks, commercial banks, and financial markets in various countries developed rapidly!"
“For example: after the collapse of the gold standard a few years ago, although various schools of macroeconomics continued to emerge, no one could systematically and clearly explain why inflation and stagnant economic growth occurred at the same time. ?”
David raised a finger to the three losers, and his expression turned serious and asked: "Capital, that is: wealth that can be used to create wealth."
“The important function of financial markets in economic society is to help funds flow from people who have no productive uses to people who have productive uses.”
“Therefore, financial markets contribute to the rational allocation of capital, thus contributing to increased production and efficiency.”
“Among several basic classifications of financial market characteristics, money markets are typically financial markets that trade short-term debt instruments with original maturities of less than one year.”
“Capital markets are financial markets that trade long-term debt instruments and equity instruments with original maturities of one year or more.”
"But comparing the two markets, the currency market's short-term securities and bond transactions have better liquidity and a wider range of transactions."
“The price volatility of short-term securities and bonds is less than that of long-term securities and bonds.”
"It's comparatively speaking... a safer way to invest."
"So, most companies, businesses and banks usually invest temporary surplus funds in the currency market to earn income."
"Capital market securities such as stocks and long-term bonds are usually held by financial intermediaries such as insurance companies and pension funds."
"Because these institutions have a greater degree of certainty about the amount of funds they can obtain in the future~"
"But in recent years, the Wall Street Journal has been reporting almost daily on the latest interest rate news in money markets."
"They also divided currency interest rates into four frequently discussed hot spots in their frequently published columns."
"Primerate: It is the benchmark interest rate for corporate bank loans and is also an indicator of the cost of corporate borrowing from banks."
"The federal funds rate, which is the interest rate on overnight loans in the federal funds market, reflects the cost of borrowing between banks and the stance of monetary authorities."
"Treasury bond interest rates, namely: U.S. Treasury bill interest rates, represent the overall changes in interest rate levels."
"London interbank offered rate, that is: the level of inter-bank rice dollar deposit interest rates in the London market announced by the British Bankers Association~"
"What impact will the sharp fluctuations in interest rates have on the financial market? Don't you need me to educate you?"
"So, here's my question!"
"If I want to build a unified framework for studying money, banks and financial markets to enhance my way of thinking in economics..."
"And with the help of some basic economic concepts in this analytical framework, it helps me think about the determination of asset prices, the structure of financial markets, and the role of bank management and monetary economy~"
"What are the most basic concepts it should include?"
"And how can I better apply the knowledge you learned from books to real life outside the classroom?"
David took a deep breath and continued to ask before the others could react.
"What if: I built some... that can help everyone understand and apply the knowledge derivation models learned in school..."
"And list every step of their derivation in detail, and then introduce a large number of real events and economic data into the model."
"Everyone who studies them can use these models to explain various phenomena encountered in work."
"This will correct many people's inherent prejudices..."
"That is: Economists are good at abstract assumptions, and the theories they establish often have little relevance to real life."
"Do you think I will succeed?"
"..." Several people looked at each other in silence, but no one answered immediately.
David seemed to have been prepared for this kind of scene. He looked at Livlin with a smile and asked, "What if I really established a unified analysis framework and multiple variable data derivation model..."
"It allows the knowledge you learned in college to not look outdated even more than ten years later~"
"Would you choose to learn it?"
Livlin raised her head and stared at the stars in space. She thought about it seriously and nodded.
"Let me learn it... let's forget it~"
"When my children go to college, if the book you write is really what you say...it will not be out of date~"
"I will definitely let him learn from you!"
"Um...child?"
David put his chin on his hand, looked at Leslie, and said with a bad smile: "You all have plans to have children?"
"...It's not me!!"
Leslie spread her hands with a bitter look on her face and said: "At this New Year's family gathering, Jay's fourth child is one year old..."
"so.."
"Jay?"
"Yes~"
Livlin seemed very happy to explain to David: "Jay is John Rockefeller IV."
"He is only 12 years older than Leslie, and he is already the father of four children!"
"Oh~"
David turned his head and glanced at his friend Blumer, threw him a wink with a smile, and said.
"What about you?"
"Don't you want to have more kids and catch up with Jay?"
"Hehe~"
Livlin, a "veteran driver", waved her hands indifferently when she heard David's "provocative" question.
"If it were you... I could give birth to half a dozen children in 12 years~"
"If it were Leslie...then it would be hard to say!"
"...Hahahaha~"
"Half a dozen?"
"You thought you were giving birth...did you drink beer?" Bloomer, who had already guessed that David would never take advantage of Livlin, laughed wildly and hugged his friend Giles, complaining.
"Hahahaha~" Giles, who was half a beat too slow to react, covered his eyes and burst into laughter when he heard his friend's comments~
The people sitting nearby couldn't help laughing when they saw that Livlin actually pushed out her chest towards David with a "provocative" expression on her face.
David instantly felt a headache, toothache, and body aches due to Livlin's "provocation" and Leslie's face-covering action. .
He covered his face with his hands and lowered his head. Amidst the hilarious "comfort" sounds from Lilith and others, he seemed to be covered with wheel marks all over his body. .
This "veteran driver" Livlin who "speaks unabashedly" is really brave. .Regardless of the occasion, the location, or the surrounding situation, just speed up the car to the point of flying~
Even the maid Chasida, who was standing far away, couldn't help but reveal a smile on her slightly cold face when she saw David's "embarrassed" appearance.
Senna's mother, who was sitting at the outermost edge of the crowd, was also laughing at David's "poorness". .
But out of the corner of her eye, she saw that her daughter Manqi's mind seemed to have wandered off to nowhere, and she was in a state of absent-mindedness. .
Sena sighed inwardly, reached out and patted Manqi, and whispered.
"Let's take the child back."
"They are also tired from playing and it's time to sleep."
"..Um!"
Manqi looked at her two children with dull eyes, said something in response, but still sat there motionless. .
Sena also followed her gaze and looked at the four children who were being held by Cui Yingying, laughing and joking, and finally made a decision in her heart!
It's time to make a break!
----
new York.
night~
JFK International Airport, Queens.
Zina Osevia and Elena Mesa, each pulling a light suitcase, followed David Romano into the airport lobby.
10 minute later.
Lu Di, who rushed over to see the three of them off, turned to look at Rosenlow behind him and smiled at his old friend.
"Elena and that intelligence dealer Feier are old acquaintances~"
"She can help you collect information that is useful to you faster and more comprehensively!"
"Zina is our partner sent to Italy."
"You need to help her establish several art trading branches in places such as Rome and Naples."
"After our transatlantic art trading channels are all opened~"
"Zina will serve as our main partner, person in charge, management and maintenance..."
"Okay~" David Romano waved his hands and smiled after hearing this "extra explanation" from his old friend Ludy.
"They are all my girlfriends~"
"I will definitely take good care of them!"
"...Hahaha~" Ludi glanced at the two women's reactions, laughed and hit Romano.
"I'm warning you! Don't let your mind wander!"
"careful.."
"Ok~ I will definitely be careful!"
"Right? David's girlfriends?" David Romano winked at his old friend Ludy, then turned to the two ladies and teased.
Elena Mesa smiled noncommittally and turned her head to look aside.
Xina Osevia, however, did not "coddle" Romano and Ludy, and directly "counterattacked".
"I heard that there is a spider called the black widow on the island of Sicily around the Mediterranean Sea?"
"Have you heard of its name?"
"Uh..." Romano and Ludy looked at each other and couldn't help laughing.
Lu Di raised his eyebrows at Zina, nodded and said, "At the weekend, 1000 million yuan will be transferred into the bank account I gave you."
"This money should be enough for you to establish a branch in Italy."
"As long as you can tell the authenticity of the artwork, you can buy it regardless of the price and prepare for our first public auction~"
"Okay!" Zina nodded with great satisfaction.
Ludy looked at Elena Mesa again and said: "I have already talked with Odis Parker and settled the money you owed in Madrid and London a few days ago~"
"David also called me and asked me to transfer 20 yuan into your account as pocket money."
"So, I asked Odis Parker for your bank account~"
"20 will be entered into your account on time when you get off the plane."
"Do you have any question?"
"...No!" Elena's eyes flashed at Ludy for a few times, and she shook her head slightly.
"Hmm~"
Ludy glanced at his friend Romano and asked, "What about you?"
"Do you have any other questions?"
"Um...yes!"
Romano took half a step forward, leaned into Ludy's ear, and asked in a low voice.
“Oil fields and natural gas were discovered in Sicily 20 years ago, and many refineries were built nearby~”
"You said, how about I try to hoard some...?"
"Um?!"
Ludy looked at Romano with some confusion and asked, "Is this your own idea? Or...?"
"Of course it's my own idea."
"...Can you determine the risk?"
"risk?"
"What do you mean?"
When Lu Di heard his friend actually asked the question back, he sighed and said, "If you just want to hoard gasoline, diesel and other refined oil products, take this opportunity to make a fortune..."
"The risk is not that big~"
"but!"
"Crude oil spot, you'd better not touch it!"
"We can't do that..."
"Haha~ I understand!"
Romano put his hand on Ludy's shoulder and smiled: "I'll do whatever you want!"
"Gasoline and diesel...right?"
"Do you want to join too?"
"Forget it~"
"I'm still too busy with the investment here in New York!" Lu Di waved his hand and rejected his kindness.
Romano shrugged regretfully, turned to look at Rosenlow, and smiled at him.
"I'm in Naples, waiting for you to come over!"
"I will."
"Wooden man" Rosenluo responded with a slight nod.
"Hahaha~ok!"
"Good bye my friend!"
"goodbye!"
398 Corudilla Avenue, Honolulu.
night~
In order to welcome Livlin and Leslie who had just arrived from California, and also to send off Alto and Ludi's eldest son Asty, David organized a semi-buffet dinner in the front yard of the vacation home.
on the lawn.
Old Malkin's wife Serna and eldest daughter Manqi sat at the side, watching the four children chasing and playing around Cui Yingying and Madonna, relaxing and enjoying the rare "moment of quiet"~
Professor John Nash and his wife, whom David specially invited tonight, were surrounded by David, Giles, Leslie, Bloomer, Livlin, Tilda, and Lilith, all talking. Asking the two people all kinds of strange questions.
The cause of all this is that David was "talking" for a while, and said all the "straight male routines" used by Professor Nash when he was chasing his wife Alicia: If you don't learn it, you will regret it for the rest of your life. A guide to chasing girls." .
And the little secretary Maggie, Toby Olga, Kihara Nobunari, Alto, lawyer George, Asti, Giovanni and his wife, Michelle Pfeiffer, Mirala and others who are also very curious about this aspect. , Zhang Jiaan and several others. .
They also gathered around with their ears pricked up, listening to Professor Nash, who was somewhat "socially afraid", hesitatingly telling the "interesting stories" between him and his wife~
Even Mr. Gardener, Brotney Mejia, John Nash, Zhang Maochang and the butler Acklade, who thought they were not that curious, could not help but stand a little further away and listened with interest. With. .
What kind of "magic" did John Nash, the most talented "nerd" at Princeton University more than 20 years ago, use to capture the heart of a beautiful woman like Alicia~
Professor Nash and his wife, who were sitting in the center and focus of the crowd, were secretly glad that they did not bring their children to play with them tonight. .
Alicia rolled her eyes at David who was grinning evilly with a hint of reproach, raised her finger and pointed at the stars in the clear night sky, and said with a smile.
"In the era when we first met, there was no Apollo program, and no one had ever seen the entire planet we live on from space."
"So, those scientists who love astronomy can only use astronomical telescopes and their own rich imagination to build their own star map, solar system and moon."
"For example: Look, that's Orion that we can see with the naked eye!"
"And over there... Capricorn, Aquarius, and Pisces are all one of the zodiac signs..."
"Especially Pisces. It is to the west of Aquarius and to the west of Aries. Its main star is Neptune~"
"It is said that Galileo accidentally observed the existence of Neptune more than 300 years ago."
"However, due to the relatively backward observation equipment at the time, Galileo mistakenly thought that Neptune was a star in the distant sky."
"So the discovery of Neptune is not attributed to him."
John Nash tilted his head and looked at his "beautiful" wife, held her hand in his, and continued with a smile.
"The story about the discovery of Neptune... caused a heated debate between many scholars in Britain and France more than 100 years ago~"
"French astronomers and mathematicians all believe that Urbain LeVerrier, an astronomy teacher at the Ecole Polytechnique, made the most accurate prediction of Neptune's trajectory."
"Because when Neptune was confirmed to be observed, it was less than 1° away from the position predicted by Le Verrier~"
"The British scholar community believes that Cambridge University professor John Couch Adams reported his discovery to the Royal Astronomical College three years before Le Verrier completed his calculations and gave a Predict location..."
"But~"
"The position predicted by John Couch Adams differed by 10° from the observed position of Neptune~"
"In other words, although Adams predicted it earlier than Le Verrier..., the accuracy of his prediction was far lower than Le Verrier."
"So, after years of debate between the two countries, the French astronomer Le Verrier finally accepted the identification of the British sweet scientist Adams as the co-discoverer of Neptune."
"Tsk tsk~"
David turned his head and looked around at the people with different expressions, grinned and shook his head.
"For a great discovery like this that will go down in history, if no one fights for it... that would be the most surprising thing, right?"
"An honor that is constantly praised by people..."
"There may be some people who look down upon it~"
"But most people will never give up the opportunity to chase it!"
"...Hmm~" Livlin G. Cherov, holding Lilith in one hand and holding Tilda in the other, teased David with a smile.
"Then you want to write a book...why?"
"I?"
David shrugged naturally, spread his hands to everyone around him and said, "If I tell you, you might not believe it~"
"I never thought at first that I would write a professional book on economics..."
"I just listened to a lot of news reports and some comments in newspapers when I was bored. I thought these were very interesting... and then I slowly came up with the idea of learning about it~"
"Because, I'm very curious~"
"Why was it that when the stock market soared a few years ago, a group of young people on Wall Street who were not much older than me were able to earn my year's income in a very short period of time?"
"Could it be that...if I missed going to college, I missed the opportunity to make money?"
"Hehe~"
David turned his head to a few college graduate friends, made a face, and continued before they could speak.
"ok! I know~"
"of course not!"
"They can learn almost everything in college, but there is no course that teaches students how to make money~"
"Because the various professional knowledge learned in various universities can itself enable them to earn an ideal income in different jobs."
"but!"
"When this group of college students who graduated from prestigious schools walked out of campus... what they had to face was not as simple and easy as they imagined~"
"In the current period when the domestic unemployment rate is rising, finding a job has become a major problem in life that they have to face immediately after graduation!"
"It's like...I am in my hometown town, and I have some other high school classmates~"
"Although some of them went to college, after graduation they submitted countless resumes and went through countless interviews, but still could not find a job with a stable income."
"My classmates who graduated from high school and went directly to technical schools to learn various practical professional skills found a very good and stable job after graduation~"
"Some people even marry their girlfriends directly after graduation and start their own families~"
"And my high school classmates who graduated from college not only have to bear high student loans, but they also have to grit their teeth and continue to look for opportunities that can change their current situation~"
When David said this, he picked up the juice cup in front of him and took a sip. He saw everyone's expressions and smiled.
"I have asked myself many times in my heart~"
"Money, what exactly is it?"
"Um.."
"Money can pay my rent!"
"Money can make me feel more confident..."
"It can give me a great sense of security!"
"Money can help me realize all kinds of ideals and wishes!"
"But... the problem is back to the original point."
"How should I make money?"
"When I was full of questions and looked for answers in various books..."
“I was surprised to find~”
"It turns out that countless people have had the same problem as me!"
"But when these people kept looking for answers, they all came up with conclusions that I couldn't understand."
"For example: money is the commodity currency in circulation that people recognize."
"It could be a gold coin, a silver coin, it could be a rice dollar or a pound, it could be anything that the majority of people would recognize."
"But the money I come into contact with is all colorful banknotes..."
"Why it is like this?"
"Do these full-page banknotes printed by banks have some kind of magic power?"
"Hehe~"
David crossed his legs, put his hand on the shoulder of Giles next to him, and asked.
"Have you ever been confused like...the harder you study, the more you feel ignorant?"
Giles scratched his head with his hand and smiled: "Yes..."
"Hahahaha~ You've got a fart!" Blumer and Leslie pointed at him "mercilessly" and laughed.
David waved his hands to the two of them: "You two are also top students who graduated from prestigious schools!"
"Then let me ask you - have you read "Money and Banking" written by J.H. Horswarts in 1914?"
"Uh..." Leslie thought for a moment with his mouth half-opened, then shook his head to express that he hadn't seen it.
Blumer shrugged with a weird expression, spread his hands and said, "Our professor once talked about some of the things in this book..."
"So, you haven't read through it?"
"..No~"
"Tsk!"
David praised his "witness" in his heart and smiled.
"The publication of "Money and Banking" represents the rise of the discipline of money and banking~"
"In the following decades, a series of changes of the times occurred in the economic field around the world~"
"For example: the introduction of Keynes' macroeconomic theory..."
"For example: in the 50s after World War II, central banks, commercial banks, and financial markets in various countries developed rapidly!"
“For example: after the collapse of the gold standard a few years ago, although various schools of macroeconomics continued to emerge, no one could systematically and clearly explain why inflation and stagnant economic growth occurred at the same time. ?”
David raised a finger to the three losers, and his expression turned serious and asked: "Capital, that is: wealth that can be used to create wealth."
“The important function of financial markets in economic society is to help funds flow from people who have no productive uses to people who have productive uses.”
“Therefore, financial markets contribute to the rational allocation of capital, thus contributing to increased production and efficiency.”
“Among several basic classifications of financial market characteristics, money markets are typically financial markets that trade short-term debt instruments with original maturities of less than one year.”
“Capital markets are financial markets that trade long-term debt instruments and equity instruments with original maturities of one year or more.”
"But comparing the two markets, the currency market's short-term securities and bond transactions have better liquidity and a wider range of transactions."
“The price volatility of short-term securities and bonds is less than that of long-term securities and bonds.”
"It's comparatively speaking... a safer way to invest."
"So, most companies, businesses and banks usually invest temporary surplus funds in the currency market to earn income."
"Capital market securities such as stocks and long-term bonds are usually held by financial intermediaries such as insurance companies and pension funds."
"Because these institutions have a greater degree of certainty about the amount of funds they can obtain in the future~"
"But in recent years, the Wall Street Journal has been reporting almost daily on the latest interest rate news in money markets."
"They also divided currency interest rates into four frequently discussed hot spots in their frequently published columns."
"Primerate: It is the benchmark interest rate for corporate bank loans and is also an indicator of the cost of corporate borrowing from banks."
"The federal funds rate, which is the interest rate on overnight loans in the federal funds market, reflects the cost of borrowing between banks and the stance of monetary authorities."
"Treasury bond interest rates, namely: U.S. Treasury bill interest rates, represent the overall changes in interest rate levels."
"London interbank offered rate, that is: the level of inter-bank rice dollar deposit interest rates in the London market announced by the British Bankers Association~"
"What impact will the sharp fluctuations in interest rates have on the financial market? Don't you need me to educate you?"
"So, here's my question!"
"If I want to build a unified framework for studying money, banks and financial markets to enhance my way of thinking in economics..."
"And with the help of some basic economic concepts in this analytical framework, it helps me think about the determination of asset prices, the structure of financial markets, and the role of bank management and monetary economy~"
"What are the most basic concepts it should include?"
"And how can I better apply the knowledge you learned from books to real life outside the classroom?"
David took a deep breath and continued to ask before the others could react.
"What if: I built some... that can help everyone understand and apply the knowledge derivation models learned in school..."
"And list every step of their derivation in detail, and then introduce a large number of real events and economic data into the model."
"Everyone who studies them can use these models to explain various phenomena encountered in work."
"This will correct many people's inherent prejudices..."
"That is: Economists are good at abstract assumptions, and the theories they establish often have little relevance to real life."
"Do you think I will succeed?"
"..." Several people looked at each other in silence, but no one answered immediately.
David seemed to have been prepared for this kind of scene. He looked at Livlin with a smile and asked, "What if I really established a unified analysis framework and multiple variable data derivation model..."
"It allows the knowledge you learned in college to not look outdated even more than ten years later~"
"Would you choose to learn it?"
Livlin raised her head and stared at the stars in space. She thought about it seriously and nodded.
"Let me learn it... let's forget it~"
"When my children go to college, if the book you write is really what you say...it will not be out of date~"
"I will definitely let him learn from you!"
"Um...child?"
David put his chin on his hand, looked at Leslie, and said with a bad smile: "You all have plans to have children?"
"...It's not me!!"
Leslie spread her hands with a bitter look on her face and said: "At this New Year's family gathering, Jay's fourth child is one year old..."
"so.."
"Jay?"
"Yes~"
Livlin seemed very happy to explain to David: "Jay is John Rockefeller IV."
"He is only 12 years older than Leslie, and he is already the father of four children!"
"Oh~"
David turned his head and glanced at his friend Blumer, threw him a wink with a smile, and said.
"What about you?"
"Don't you want to have more kids and catch up with Jay?"
"Hehe~"
Livlin, a "veteran driver", waved her hands indifferently when she heard David's "provocative" question.
"If it were you... I could give birth to half a dozen children in 12 years~"
"If it were Leslie...then it would be hard to say!"
"...Hahahaha~"
"Half a dozen?"
"You thought you were giving birth...did you drink beer?" Bloomer, who had already guessed that David would never take advantage of Livlin, laughed wildly and hugged his friend Giles, complaining.
"Hahahaha~" Giles, who was half a beat too slow to react, covered his eyes and burst into laughter when he heard his friend's comments~
The people sitting nearby couldn't help laughing when they saw that Livlin actually pushed out her chest towards David with a "provocative" expression on her face.
David instantly felt a headache, toothache, and body aches due to Livlin's "provocation" and Leslie's face-covering action. .
He covered his face with his hands and lowered his head. Amidst the hilarious "comfort" sounds from Lilith and others, he seemed to be covered with wheel marks all over his body. .
This "veteran driver" Livlin who "speaks unabashedly" is really brave. .Regardless of the occasion, the location, or the surrounding situation, just speed up the car to the point of flying~
Even the maid Chasida, who was standing far away, couldn't help but reveal a smile on her slightly cold face when she saw David's "embarrassed" appearance.
Senna's mother, who was sitting at the outermost edge of the crowd, was also laughing at David's "poorness". .
But out of the corner of her eye, she saw that her daughter Manqi's mind seemed to have wandered off to nowhere, and she was in a state of absent-mindedness. .
Sena sighed inwardly, reached out and patted Manqi, and whispered.
"Let's take the child back."
"They are also tired from playing and it's time to sleep."
"..Um!"
Manqi looked at her two children with dull eyes, said something in response, but still sat there motionless. .
Sena also followed her gaze and looked at the four children who were being held by Cui Yingying, laughing and joking, and finally made a decision in her heart!
It's time to make a break!
----
new York.
night~
JFK International Airport, Queens.
Zina Osevia and Elena Mesa, each pulling a light suitcase, followed David Romano into the airport lobby.
10 minute later.
Lu Di, who rushed over to see the three of them off, turned to look at Rosenlow behind him and smiled at his old friend.
"Elena and that intelligence dealer Feier are old acquaintances~"
"She can help you collect information that is useful to you faster and more comprehensively!"
"Zina is our partner sent to Italy."
"You need to help her establish several art trading branches in places such as Rome and Naples."
"After our transatlantic art trading channels are all opened~"
"Zina will serve as our main partner, person in charge, management and maintenance..."
"Okay~" David Romano waved his hands and smiled after hearing this "extra explanation" from his old friend Ludy.
"They are all my girlfriends~"
"I will definitely take good care of them!"
"...Hahaha~" Ludi glanced at the two women's reactions, laughed and hit Romano.
"I'm warning you! Don't let your mind wander!"
"careful.."
"Ok~ I will definitely be careful!"
"Right? David's girlfriends?" David Romano winked at his old friend Ludy, then turned to the two ladies and teased.
Elena Mesa smiled noncommittally and turned her head to look aside.
Xina Osevia, however, did not "coddle" Romano and Ludy, and directly "counterattacked".
"I heard that there is a spider called the black widow on the island of Sicily around the Mediterranean Sea?"
"Have you heard of its name?"
"Uh..." Romano and Ludy looked at each other and couldn't help laughing.
Lu Di raised his eyebrows at Zina, nodded and said, "At the weekend, 1000 million yuan will be transferred into the bank account I gave you."
"This money should be enough for you to establish a branch in Italy."
"As long as you can tell the authenticity of the artwork, you can buy it regardless of the price and prepare for our first public auction~"
"Okay!" Zina nodded with great satisfaction.
Ludy looked at Elena Mesa again and said: "I have already talked with Odis Parker and settled the money you owed in Madrid and London a few days ago~"
"David also called me and asked me to transfer 20 yuan into your account as pocket money."
"So, I asked Odis Parker for your bank account~"
"20 will be entered into your account on time when you get off the plane."
"Do you have any question?"
"...No!" Elena's eyes flashed at Ludy for a few times, and she shook her head slightly.
"Hmm~"
Ludy glanced at his friend Romano and asked, "What about you?"
"Do you have any other questions?"
"Um...yes!"
Romano took half a step forward, leaned into Ludy's ear, and asked in a low voice.
“Oil fields and natural gas were discovered in Sicily 20 years ago, and many refineries were built nearby~”
"You said, how about I try to hoard some...?"
"Um?!"
Ludy looked at Romano with some confusion and asked, "Is this your own idea? Or...?"
"Of course it's my own idea."
"...Can you determine the risk?"
"risk?"
"What do you mean?"
When Lu Di heard his friend actually asked the question back, he sighed and said, "If you just want to hoard gasoline, diesel and other refined oil products, take this opportunity to make a fortune..."
"The risk is not that big~"
"but!"
"Crude oil spot, you'd better not touch it!"
"We can't do that..."
"Haha~ I understand!"
Romano put his hand on Ludy's shoulder and smiled: "I'll do whatever you want!"
"Gasoline and diesel...right?"
"Do you want to join too?"
"Forget it~"
"I'm still too busy with the investment here in New York!" Lu Di waved his hand and rejected his kindness.
Romano shrugged regretfully, turned to look at Rosenlow, and smiled at him.
"I'm in Naples, waiting for you to come over!"
"I will."
"Wooden man" Rosenluo responded with a slight nod.
"Hahaha~ok!"
"Good bye my friend!"
"goodbye!"
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