Babylonian Empire

Page 750

Listening to what James said, these other people who are already very aware of the current situation in the economic field did not speak, and they were all waiting for James' next words.

"Over the past few years, the continuous appreciation of the U.S. dollar has brought great risks to the United States and the entire international financial order. In order to avoid problems in the international financial order, we must take strong government measures to avoid the current situation. happened, so, I think, the dollar should depreciate." James said.

"Now, the economic situation in our European countries is not optimistic. If we want to devalue the US dollar, we have to appreciate our currency accordingly. In this case, our domestic unemployment rate will increase greatly, and the economy will even go backwards." Geer first said: "We in the UK do not have this capability, so we will not appreciate the pound."

Due to the last incident, the relationship between the United Kingdom and the United States has somewhat cracked. However, the two sides are still close big countries. However, in this economic field, they still have to take their own interests into account first. They want the United Kingdom to appreciate its own currency. Come to help the United States eliminate its fiscal deficit. If he agrees, he will not be scolded by the Iron Lady when he goes back. I am afraid that the position of Minister of Finance will be considered exhausted.

Subsequently, the French Finance Minister also expressed his opinion that France's domestic economic situation is very poor and it will not appreciate its own currency.France is nothing to be afraid of, because France is not a NATO country. In the international arena, France is a big country with great influence. In many aspects, such as arms exports, France is in opposition to the United States. The United States calls on NATO countries , banning the export of arms to a certain country, as a result, the French were in vain, allowing them to occupy the market there.

Therefore, France has no such obligation to help Americans pay the bill.

Only the Federal Republic of Germany and the island countries are left. At present, the Federal Republic of Germany and the island countries are very economically developed countries. The two countries were defeated in World War II, so they can no longer develop a strong national defense force. The reduction, of course, is to develop the economy wholeheartedly. The people of the two countries have a very deep background in industry, so the economy is developing well, and the foreign exchange reserves of the Federal Republic of Germany are also very large.

Hearing the words of the British and French finance ministers, James did not speak. These situations were all within his expectations. He did not think about letting the pound and the franc appreciate, as long as the mark and the rì yuan appreciated, especially Riyuan is his main target.

"The Bank of the Federal Republic of Germany will appropriately increase the deposit rate and lower the discount rate to attract the return of the domestic currency and stabilize the currency value of the mark." Gerhardt said.

Hearing the helpless words of the German Minister of Finance, everyone knew in their hearts that Britain and France could refuse, but Germany could not. The Federal Republic of Germany was always facing the torrent of steel from the Soviet Union behind the Berlin Wall. Garrison, it’s just that Gerhardt is an old fox. He didn’t directly say that he would devalue the German mark. He just raised the interest rate to attract the mark back, which can raise the exchange rate of the mark against the US dollar. I am afraid that it will not be possible to realize the US plan to devalue the US dollar in a few years.

Chapter 9 The Plaza Accord ([-])

"If you want the United States to get rid of the current economic situation and depreciate the dollar, it is impossible to rely on several of our countries. It mainly depends on the support and cooperation of the second largest country in GDP and the largest country in foreign exchange reserves in the world." Jha Te continued.

When he said this, all eyes were on Takeshita Noboru and others in golf clothes.

If the United States wants to get rid of its financial problems, it naturally needs the help of another financial giant. This financial giant can only be helped by the island country, the second largest economically developed country in the world.

The current island country has already surpassed the Soviet Union and became a developed country second only to the United States. Therefore, as long as the rì yuan can depreciate, it can help the United States withstand the huge economic pressure.

It's just that what kind of economic impact this will have on the island country has nothing to do with other countries.

Although Takeshita had already had a premonition on the plane that came, but now, he is still a little surprised to hear the news. This meeting is clearly that these countries are jointly exerting pressure on the island country, so that the island country agrees to appreciate Their own currency to help the United States eliminate its fiscal deficit and improve their economic problems.

This is a Hongmen banquet!If the island country does not agree, then at any time, this meeting will turn into a meeting about whether the island country violated the Batumi regulations and exported advanced processing equipment to the Soviet Union, which caused great harm to NATO. The amount of punitive tariffs.

Damn Toshiba!Of course, Takeshita knows from his heart that if he agrees to the plan of the United States to carry out the appreciation of the rì yuan, the most direct impact will mean that the huge amount of foreign exchange currently stored by the island countries will depreciate in disguise, and those are all island countries. Enterprises earn foreign exchange through exports, which is tantamount to shrinking the capital of the island country.

But can he refuse?Takeshita Deng knew that he had no room to refute.

Due to the continuous development of the island country's economy, its GDP has exceeded half that of the United States. It is the world's largest creditor country, and its trade surplus with the United States is as high as more than 400 billion US dollars. Therefore, an appropriate appreciation of the island country's currency is also helpful for the island country to occupy the global market. good.

The island country has always been considered to be the third largest country in the world. However, now that a military power is no longer possible, it must become an economic power. After the economy develops, it will play a greater role by strengthening its economic position in the world, maintaining the development of the world economy, and expanding world trade.And after expanding to the world through economic means, and then by participating in international political events, to enhance their international status, improve the international image of the island country, and become an economic and political power.

After becoming a big country in the world both economically and politically, at the right time, change the constitution of the island country, improve the capabilities of the self-defense force, and become a big country militarily.

Now is also the time for island nations to demonstrate that they can wield great power in the international economic arena.Moreover, if the unanimous favor of these countries can be obtained, the sanctions of punitive tariffs can be eliminated, providing a better space for the continued development of enterprises in island countries.

After thinking about it in his mind, Takeshita finally said: "Right now, the value of the U.S. dollar is a bit too high. In order to help the U.S. stabilize its economic situation and let the U.S. dollar, a world currency, play its greatest role, we are willing to let the rì yuan appreciate. To support the depreciation of the dollar, we can let the rì yuan appreciate by [-] percent.”

Appreciate ten percent!The president of the Bank of Islands sitting next to him couldn't help poking him. Now, how can he explain to the prime minister when he goes back!

What Takeshita said made everyone happy, especially James. Originally, he thought about how to put pressure on the islanders if they disagreed, but now the other party agreed so easily?It seems that the islanders are very knowledgeable!

The finance ministers of Germany, Britain, and France looked at each other, and they all saw the satisfaction in each other's eyes. This is the best, and let the island countries undertake the task of adjusting the currency value for the US dollar this time!

"The island country can contribute so generously to the maintenance of the world economic order this time, which fully demonstrates the example of maintaining world peace and security. Our tariff sanctions on the island country will be lifted after this incident is over," James said. .

If you donate blood, you have to give mouth compensation!

The biggest obstacle of the meeting was overcome, and the natural atmosphere became very harmonious again. Several other countries have expressed that in order to support the plan for the devaluation of the US dollar, countries need to take out a certain amount of US dollars and sell them in the international capital market. Increasing the holdings of rì yuan will lead to the depreciation of the dollar and the appreciation of the rì yuan.

After negotiation, various countries have provided a total of nearly 200 billion U.S. dollars. In this way, adding the 200 billion U.S. dollars prepared by the United States itself, it is a huge fund of 400 billion U.S. dollars. If all these funds are used to transfer rì yuan, the appreciation of rì yuan will be inevitable.

At the same time, the banks of the island government will also disclose the new exchange rate to support the appreciation.

The five parties have formulated an action plan to curb inflation, expand domestic demand, and cooperate to intervene in the foreign exchange market to make the dollar fall steadily. After the agreement is completed, the United States will announce it to the world.

The choice of this time is also very particular, because this day is Saturday, the foreign exchange market is not open, and the public will be given two days to adjust their minds, and then, on Monday, under the manipulation of the United States, the market will open plan to devalue the dollar.

After the meeting, the president of the central bank of the island country who came out last looked at the smiling Noboru Takeshita and said, "Mr. Takeshita, you made a stupid choice today. You know what impact it will have on our domestic economy. ?"

When Takeshita turned around, there was already a hint of cunning in his eyes, "Yes, of course I know that this will have a great impact on our economy, but do you think we have a better choice?"

"At most, we promise to only depreciate by 5.00% to [-]%, and [-]% will at least mean that our foreign exchange reserves will shrink by [-]%." The governor said.

"Of course I know, but, can we not make such a condition? In terms of economy, we are engaged in trade wars with the United States in various industries such as machinery, electronics, chemicals, and automobiles. We have occupied their markets. Our trade surplus this year is more than 400 billion U.S. dollars, do you think the Americans will let us go if I don’t make such concessions?” Takeshita Toshi’s eyes shone brightly, and this time, it was actually a blow to the island country’s economy. Adjustment, as long as we can adapt, our economy will still make great strides forward!

The United States just wants to improve the competitiveness of its products through the depreciation of the dollar. They did not expect that technology is the most important thing. On the other hand, their military expenditure is too high, which hinders their economic development. Therefore, the US economy There are congenital defects.This is a great opportunity for an island business to expand globally!

It is a very refreshing thing to peacefully occupy the United States, buy all the land in the United States, and rent it out to Americans!Takeshita Nobo did not take this matter so seriously.

…This time the finance ministers of the five countries and the presidents of central banks gathered at the Plaza Hotel for consultations, but they were discovered by journalists with a keen sense of smell, and they waited outside the hall together. After the agreement was completed, the United States held a press conference Yes, it is announced that the five countries have decided that in order to help the world economy grow, the exchange rate must better reflect the economic development. Now, the value of the US dollar is somewhat overvalued, and the exchange rates of non-US dollar currencies to the US dollar in various countries should reflect this change. , to help the stable development of the world economy.

This news was received by the whole world, and Radwei, who had been waiting in Tokyo, was keenly aware immediately that the horn of charge was about to sound!

If you want the dollar to depreciate, then you need to sell a large number of dollars in the international market, and if you want the rì yuan to appreciate, you need to increase your holdings of rì yuan.

And so far, the Far East Trade and Investment Company has made preparations.

The U.S. wants to devalue the U.S. dollar and increase their export competitiveness. Qusay will never agree. Therefore, the U.S. dollar must not depreciate steadily, and the U.S. dollar must depreciate quickly!

Therefore, up to now, the Far East Trade and Investment Corporation has invested all its funds in the financial market of the island country. In addition to currency, there are also various financial products such as stocks, futures, and debt.

Their first step is to be absorbed by them when all countries join forces to throw away the dollar.

In this way, the dollar cannot depreciate, on the contrary, it will continue to appreciate.

In this case, the United States will find that the value of the dollar is so strong because investors have blind trust in the dollar, and the crisis facing the dollar will be even greater.

In order to depreciate the dollar, they have no other way but to increase the intensity of selling dollars. In this way, there will be a lot of dollars in the world. At this time, it is time for them to let go.

The U.S. plan to slowly depreciate the U.S. dollar will go bankrupt. When the U.S. continues to sell U.S. dollars to the market, and when there are excessive U.S. dollars floating in the market, the Far East Trade and Investment Corporation will absorb all of them. throw all the dollars out!

The Americans want to take the benefits of the depreciation of the US dollar, but Qusay disagrees. At that time, the Far East Trade and Investment Company will sell a large number of US dollars it holds short, and other investors will follow suit internationally, thus caused a rapid depreciation of the dollar.

Is it too much to depreciate by 50.00% within a month?

9 chapters and nine chapters against the United States, against island countries, and develop yourself!

While helping the U.S. dollar to fall, Far East Trade and Investment Corporation will help the rì yuan to appreciate. Since investors no longer trust the U.S. dollar and instead hold rì yuan, the rì yuan will rise rapidly. Holding hundreds of billions of dollars in funds, and tens of billions of dollars in the United States, putting them on the market will not have any effect at all, let alone the followers behind.

And in a short period of time, let the rì yuan appreciate, and then invest in the stock and real estate markets. In later generations, the island country's stock market will rise at a rate of 30.00% per year, and land prices will soar at a rate of 15.00% per year. This speed is still too slow. In one year, is it okay to go up 50.00%?

After reaching a high position, the Far East Trade and Investment Company will retreat completely, leaving the mess to the investors who followed up and the government of the island country!

World economic war is a wonderful thing. This kind of war has no smoke, but is more cruel.Through this secret operation, what Qusay needs to achieve is to severely hit the economies of the United States and the island countries!

If Iraq wants to develop, it will eventually touch the interests of the United States. In other words, Iraq will definitely be regarded as a great threat by the United States in the future. Therefore, Qusay will never let go of the opportunity to attack the United States. What’s more, in a war like this, Qusay is hidden in the dark, and no one knows who is behind the scenes. The Far East Trade and Investment Company has no connection with Iraq, not to mention that they also operate secretly.