The exchange rate changes between the US dollar and the euro have not only affected the flow of capital, but also had a huge impact on the United States and Europe, but also had a very far-reaching impact at home.

More than half a month ago, Zhou Ming issued an exchange rate warning to Du Peng, telling Du Peng that the US dollar exchange rate would drop significantly after the euro was issued. Du Peng also conveyed such news through his own relationship to the International Trade Commission and other relevant business committees, and even Du Peng published related articles on Insider.

But unfortunately, since Du Peng's grandfather retreated from his position six years ago, Mr. Yang, who could take care of, had passed away. Some of the suppressed forces rose up that year, so he naturally opposed Du Peng's statement.

"The United States is the only superpower now. The US dollar has always been very stable as the world currency. It is understandable that you say that the exchange rate has changed, but why do you say that the US dollar will depreciate significantly? Are you the president of the United States? I'm afraid even the president of the United States does not have the power. What are the euro issuance that will affect the exchange rate of the US dollar? Are you telling a legendary story here..."

Every time Du Peng makes such a statement, he always gets ruthless ridicule.

Of course Du Peng understood that they were just taking revenge. Now the Du family also had a bit of a cold tea. Du Peng could only say that he could not believe in himself, but he also had to consider the country's economic interests and development perspectives.

"The country is in a stage of rapid development, and there is a lack of funds in all aspects. Therefore, we must spend the least money to do the most things. So since there is an excellent opportunity for the US dollar to depreciate, we should wait for the opportunity. After the US dollar depreciates, we can buy more things with the same money!"

Du Peng once again proposed the opportunity of using the US dollar exchange rate to fall in the future at the committee meeting, and tried to put forward his own ideas through the meeting, but was also ridiculed and refuted without surprise.

Whether it is the chairman of the committee, Guan Sheng, the committee adviser, and Xie Youshan, also a professor of economics at Yan University, they all disdained Du Peng’s statement: "Young people, don’t think that it’s great if you make a little money after doing business for a few years. Do you understand finance? Do you understand the operating rules of the financial market? Do you know what the US dollar is in the world currency market? Do you understand what the exchange rate fluctuation of the US dollar means?"

Faced with the questions raised by Xie Youshan, Du Peng frowned, and he thought and said repeatedly: "Professor Xie, I am indeed just a businessman. If you want to talk about theoretical knowledge of economics and finance, I am definitely not as good as you, an old professor who has been studying for decades."

Du Peng first raised the other party, then changed the subject and said: "But when I do business, I know that if a product has no competitors, then I will be fine no matter how much it is. But if another competitor that can compete with me appears at this time, I will only be forced to lower the price in the competition."

Du Peng tried his best to explain the problem of the depreciation of the US dollar in a simple way that he could understand: "The current situation of the US dollar is the same. In the past, the US dollar was the hegemon, but now the issuance of the euro challenges the hegemony of the US dollar. A large amount of neutral capital flowed out of the United States, and the US dollar has a long-term over-issuance, so a large amount of US dollar accumulation will inevitably affect the exchange rate of the US dollar."

Xie Youshan looked disdainful of Du Peng's explanation: "Young man, do you know what it means to show off your skills? Just what you said just now highlights your layman and ignorance."

Xie Youshan's words brought a contemptuous laugh. Xie Youshan continued: "I can't tell you any professionalism to you like you. I'm afraid you won't understand. I can only tell you that the US dollar is the world's overlord, and unless a world war is launched, it will not depreciate! But it is impossible for a world war to happen now, so what you said just now is simply delusion!"

After Xie Youshan, others were even more rude to accuse Du Peng of exaggerating here and even talking about financial issues in front of Professor Xie Youshan. This is not a simple show of success, but rather a lack of knowing the world. Some people even think that Du Peng said this on purpose, whether he was instructed by some foreign forces and had any conspiracy.

In the end, the chairman of the committee, Guan Sheng, who presided over the meeting, came forward to stop the situation when the scene became increasingly unrestrained. Although he was happy to see Du Peng being defeated, he also understood that some hats should not be deducted randomly.

"What we are mainly discussing today is about the import of special steel. This batch of special steel is needed by national key projects. Moreover, after this batch of special steel, there are more other chemical raw materials and some production lines introduction work, which are urgently needed by the national development."

Of course, Guan Sheng's call was not just a simple call. He continued to beat Du Peng: "Du Peng, you said the US dollar was going to depreciate. You have said this for almost a week, but now? Where has the US dollar depreciated? Not only has it not depreciated, it has also appreciated a little. You still have to continue to delay it now. This not only delays the progress of national key projects, but also causes the country to suffer losses that it should not have. Du Peng, you cannot bear this responsibility!"

Guan Sheng's words set the tone for the end of the meeting, and even set a large order for import on the spot. Of course, it was also necessary to ridicule Du Peng, who was ignorant of the layman.

After the meeting, Du Peng and his friends came to October Garden for dinner. Du Peng was still angry when he mentioned this.

"These guys are getting more and more excessive. They actually say I don't understand international trade. He doesn't think about it when Zhou Ming and I started investing in the international market. These guys didn't know what foreign trade was. Now they are all showing off in front of me." Du Peng said angrily.

Facing Du Peng’s complaints here, his friends also seemed helpless. They told Du Peng that not only Du Peng was in trouble, but also theirs.

Seeing Guan Sheng and others showing their large-scale imported goods on various trading occasions, they were all full of energy, and some people spoke on TV, saying that they should be quick, accurate and ruthless in doing business, and business opportunities are fleeting. If they just want to wait for a miracle, the child will not be able to do business even if he comes out.

Such sarcasm in open and secret made them very depressed, and some even suspected Du Peng.

"Brother Peng, you always say that when the US dollar depreciates, we can use the same funds to buy more things in business, but now there is no sign of a decline in the US dollar. Is there something wrong with your news?"

Some people also said: "We are not doubting you, Brother Peng. We just think we always have to make some achievements now, otherwise the superiors may doubt our abilities."

Of course, Du Peng understood the difficulties of his friends. You should know that they are different from ordinary businessmen. Their business is basically related to the country. They need to be able to make achievements for the above. Otherwise, there will be so many people doing business in China, and there are also many second- and third-generations. Why should the country ask you to do it?

In addition, there is another more important thing, that is, their business is to some extent supporting the development of their families in the central government. After all, their business is done well and can bring development and help to the country, and the elders in the family can also speak more on it.

But now they are watching others doing a lot of foreign trade and buying the country the supplies they need, but they do nothing. As one goes up and down, they will naturally dissatisfie with the upper hand and put huge pressure on their families. If Du Peng hadn't been his prestige, they would have quit.

"Of course I understand that you are all under pressure now, but please believe that all this is worth it. Think about it carefully. If we do the same thing as others, with the people who are in power now, why should we compete with them? We just need to make some different achievements from them. We just need to do better than what they do!" Du Peng said.

His friends looked at me and I looked at you, and they didn’t know what to say. In the end, someone came forward and said, “Brother Peng, we all came from the same compound. If you don’t believe me, who else can you believe? But you kept saying that Zhou Ming, can his news be accurate? Or do we really want to bet on his news?”

Some people take the lead, and others say it one by one, which means they must trust Du Peng, but they must be more conservative and cannot completely pin their hopes on others.

Bang!

Du Peng slapped the table heavily, obviously he was very dissatisfied with the words of these guys.

These friends all looked at Du Peng and didn't understand what Du Peng meant.

"Zhou Ming is my friend. You suspect him is just doubting me!" Du Peng said, "I understand that you don't know Zhou Ming, but I have told you how many business miracles he has created from baby laughing to Huaxin Huatong, even his international e-commerce center was built."

"Of course you have told me about Brother Peng and have also talked about it many times. I also believe that this brother named Zhou Ming is very capable, but that is all in China. Now this is the United States and the US dollar, so it's hard to say."

Du Peng told them with great confidence: "You don't know this. Do you all know the stock market crash that shocked the world ten years ago? It was that Black Monday, when Dow Jones plummeted 20%, the largest single-day drop since 1915. The whole world did not expect it, but only Zhou Ming predicted it. He also shorted the stock market in time and made his first pot of gold."

Facing the stunned look of his friends, Du Peng proudly said: "How is it? Do you believe Zhou Ming knows about the US capital market now? I tell you that he could accurately predict that Black Monday ten years ago, and now he can predict the depreciation of the US dollar!"

Although these friends did not believe it particularly, now that Du Peng said so, they could only believe it.

However, no one expected that just a few days later, the euro was announced to be officially issued. Two days later, the US stock market triggered a circuit breaker, and then the US dollar was affected by the US stock market and began to depreciate significantly in the international market...
Chapter completed!