NOVPUB
Chapter 1168: Chapter 1026: Casual Chat (Subscribe please!)
Two days later.
November 6th.
Monday.
Early morning.
Fudan campus was filled with hurrying students, only five minutes left before the start of class. Those who lived off-campus were running and sweating heavily because today’s route to the campus—a traffic jam.
With surveillance overhead, Tang Qing’s car took a side street, narrowly escaping the congestion.
Upon entering the school.
Tang Qing immediately became the center of attention.
"Holy shit, what am I seeing?"
"What? What? What?"
A roommate looked puzzled and asked, "Is this a new word puzzle? Let me see... Tang Qing?"
That last cry.
Was a scream.
After that.
The surrounding students stopped in their tracks. To them, Tang Qing had taken on a new meaning. He was no longer just the handsome and wealthy first-year student but now Huaxia’s richest inland magnate, a titan of the business world.
Thinking about Tang Qing’s vast family fortune.
They got excited.
Female students, in particular, had stars in their eyes—Tang Qing possessed all the qualities that attracted them. The male students weren’t as envious; when there was such a vast difference, there was no jealousy, only admiration.
"It really is Tang Qing."
"Fantastic, he’s finally coming to class."
"This time it’s the real person, I really want a photo with him."
"Me too."
"Really want to go up and talk to him, but I’m too scared."
"Same here."
"..."
Faced with stares like they were watching a monkey,
Tang Qing walked forward boldly, while Lin Jiaxue tried to convince herself that she just needed to get used to it. As for Zeng Rou and the other girls who’d gone to the villa over the weekend, they followed carefully behind, a little regretful.
Worried it might stir up gossip.
"Why are so many girls getting out of the car? He knows how to play."
"Are you stupid? Who would be that brazenly visible? Do you think Tang Qing is as dumb as you?"
"Where am I being dumb?"
"I misspoke, your jealousy just temporarily blinded your intelligence."
"..."
That person thought it over and his expression turned ugly, wasn’t it all the same?
Like a celebrity.
They walked across the campus.
"Jiaxue, just do what you need to do, attend your classes. Don’t agree to any requests for photos," Tang Qing said as they reached a fork in the path. "Zeng, you and the others have to help me protect Jiaxue."
"Don’t worry, with the three of us here, no problem," Zeng Rou assured, patting her stomach. She had eaten a bit too much for breakfast and was feeling full.
After finishing.
Lin Jiaxue and Zeng Rou headed to their class.
Approaching the academic building.
People seeing Tang Qing would unconsciously clear a path as if he had a "repel aura" around him. Students’ innocence prevailed, as until now, no one had approached to cozy up.
Good.
This was how students should be.
Entering the classroom.
"Boom..."
The class erupted.
"Tang Qing, you finally made it."
"Tang Qing, impressive."
"Congratulations, richest man."
"..."
His classmates were all abuzz, lively indeed.
Tang Qing gestured for them to quiet down.
"Here at school, I only have one identity, and that is a student, just like everyone else. The only difference is I have a bit more money. I don’t have extra eyes or arms, so please don’t scare me off, or else, you might really chase me away."
"Haha, don’t worry, we won’t scare you. It’s we who got scared this time," a female classmate laughed out loud.
Noticing someone holding a notebook and pen,
Tang Qing quickly added.
"I’ll start with a few points, first, no autographs, I’m not a celebrity, second, no photos together, you see me every day, what’s the point, and third, don’t ask about my business affairs."
As soon as this was established, other classes would definitely come one after another, causing trouble.
Hearing this,
They all understood.
Even if they didn’t, they would have to—after all, it was him who had the power to make the rules.
"Alright, we’ll stop crowding around you, hurry up and take your seat, we’ve kept it reserved for you," the class president spoke up. If it hadn’t been for Tang Qing’s refusal, the position of class president wouldn’t have fallen to him.
Looking at it now,
It seemed he thought the temple was too small for him.
"Thanks a lot."
Tang Qing arrived at the last row.
By the window.
In a short while,
The teacher for the first period arrived.
Upon seeing Tang Qing,
He was taken aback for a moment.
"Tang student."
Tang Qing smiled, "Hello, Teacher, I took a month off, the attention has died down, so I dared to come out."
"Ha ha, good, as long as you don’t fall behind in your studies."
He was very fond of Tang Qing as a student.
Intelligent.
Insightful.
Now in control of such a large business empire, it’s no surprise.
"Since Tang student has come back, let’s not look at the textbook today, and talk about something else. We all study finance, and everyone has taken the basic course in finance. Today, let’s have a chat."
The students were puzzled.
What was up with the teacher today, bringing up this topic.
The teacher said, "What do you think finance can do? Class president, give us your thoughts."
The class president stood up with pleasure.
"From the literal meaning, finance is the flow of funds, in essence, it’s the full utilization of capital, like loans, a sum of money, through the bank’s function, can be magnified many times over, helping more people, promoting production..."
Several minutes later.
He stopped speaking.
The teacher nodded continuously, indicating him to sit.
"Yes, finance indeed plays a huge role in promoting the real economy. However, finance also has its drawbacks. When people are engrossed in the profits created by finance, it can significantly squeeze the urgently needed funds from the real economy, leading to economic stagnation."
He paused.
The teacher looked toward Tang Qing.
"Tang Qing, what do you think?"
"You’re right."
This wasn’t Tang Qing trying to flatter.
The person was a teacher.
He naturally spoke very ’thoroughly’.
The teacher added, "I was asking if you think finance can really make a country powerful. The example of the United States has made many people believe this to be true. What’s your take?"
"..."
Tang Qing hadn’t expected that this finance teacher, in the end, didn’t seem to like finance very much, heh, interesting.
After thinking for a bit,
Tang Qing spoke.
"Finance is a zero-sum game, it doesn’t create a penny of wealth, it’s simply a redistribution of existing wealth. In the process, some will inevitably make money and some will lose."
"And with the path the United States has taken, other countries following in its footsteps will just be walking to their demise. Their financial system is sophisticated, with a wide range of capital sources and numerous financial derivatives. As impressive as it seems, it can also be seen as a necessity."
"The continuous creation of financial derivatives seems like a surging torrent, a series of wealth myths, but unfortunately, they create not one cent’s worth of value for the entire society. They just continuously concentrate wealth towards the wealthy."
"Therefore, in the financial industry, what’s meaningful is firstly bank loans, which can help those in need, and secondly, the stock market and futures, which can help enterprises develop. Everything else is just financial toys, designed for the purpose of sucking blood."
"However, we can’t deny its role, the more developed the finance is, actually, I think it brings another benefit that goes beyond the margin."
"Oh? What benefit?" the teacher asked with narrowed eyes.
"Stabilizing prices." Tang Qing said.
"How so?" the teacher asked with a smile.
Seeing that he had to explain, Tang Qing had no choice but to say,
"Teacher, are you trying to make fun of me? Never mind, let me explain then. Inflation stems from excessive currency issue, if it all flows into the real economy, it’s bound to cause inflation, devaluing the currency."
"If the financial market is developed, the excess currency won’t all enter the circulation realm of the real economy. In this way, prices won’t rise, and the purchasing power of deposits won’t decrease."
"This is also why the United States can print money crazily, but not suffer from serious inflation, and even maintain low prices; it’s because the money was absorbed by the financial industry and continuously consumed and transferred in the financial market."
"Therefore, I believe, in the short term, inflation is inevitable for Huaxia’s future. If the financial industry isn’t opened up enough, it wouldn’t be surprising at all if prices doubled or tripled in ten years."
