Chapter 1399 It’s Not Money That’s Dirty

Seeing Buffett also walking into this restaurant, William White couldn't help but be a little curious. This guy, this is a high-end Italian restaurant. What are you doing here, a stingy guy? It doesn’t matter, I’ll treat you to a meal. Just treat it as the lunch at the auction.

"Warren, here." William White raised his glass and invited the old guy to chat with him.

"Come on, Warren, let's talk it over first. Italy's Restaurant has pizza, but not burgers. Especially the kind where you can use vouchers."

Buffett didn't take William White's ridicule seriously either. At their level, it is definitely better to serve guests with burgers than with caviar. Those who eat burgers together are close in status. As for those who are in the luxury restaurant, who can still miss a bite to eat.

"Okay, I originally made an appointment with Allen to eat burgers, but you made me very angry. I said, can't you respect the old man?" The old guy didn't care about William White's unreasonableness.

“Haha, he is indeed much worse than Paul Walker.

The interest rates were so outrageous before, but now they are better. Inflation has been suppressed, but the economy is in ruins again.

Then, what about a rate cut? "As for investors, no one likes interest rates that keep changing. This doesn't mean you can't move, but don't toss around all day long."

Damn it, the meager profits of enterprises have been eaten up by high interest rates. Now that your economy is in dire straits, you plan to stimulate the economy again.

This creates a paradox. Companies don't like high interest rates, but banks don't necessarily, especially banks with extremely high capital adequacy ratios like White Bank.

Of course, the small Japanese chaebol are also very happy. They have no control over whether Japanese companies will go bankrupt. As long as they bring Japanese money to the United States, they can turn around and make a huge profit.

Buffett is a little confused. Greenspan doesn't seem to have offended this guy. What on earth are you doing with a gun and a stick!

It is actually simple to say that Paul Volcker is eliminating the scourge of high inflation. Without his persistence, the current US dollar would have been useless.

But Greenspan is different. This guy is more like a politician, completely deviating from the persistence of a scholar.

What is inflation?

That is a plunder of all classes of society, and if it comes to the United States, it is a plunder of the whole world.

Don't believe it?

Most industrial products around the world are valued in U.S. dollars. And the pricing power of these things lies on Wall Street.

So, do rich people hate inflation more, or do poor people hate inflation more?

William White raised his chin slightly, indicating that Buffett could look out the window. Although the number of people is not very large, these slightly embarrassed guys are the biggest victims of this Internet bubble.

"Want to take a walk? William, people always have to oppose something, either politicians or policies. Since you are a participant, there is actually nothing to complain about."

“That’s not the intention, you know, our middle class is shrinking rapidly.

What you see now may have had a decent job yesterday, but now, in the blink of an eye, they have become three-no people, with no income, no job, and no assets. Once the number of these people reaches a critical point, the entire society will lose its value system.

Warren, Citi must be punished, otherwise we are encouraging this theft. "

"As expected, you don't plan to go this afternoon."

"Haha, Greenspan just informed me. Since we have already discussed it, why bother to show off?

You see, I reserved my opinion, and my plenipotentiary, Philson, couldn't bear the pressure and was forced to agree,

How about it? It’s a pretty good result! "

"Shameless."

"Hahaha, hahaha, only shameless people have a pass to wealth, but noble people don't even have epitaphs.

You know, we're talking about trillions of dollars in losses right now. The number of homeless people on the streets continues to grow, and they are the most direct victims.

Haha, they don't even know the correct spelling of CDO, but they actually bought such a high-risk financial product. "William White looked at Buffett with bright eyes. He wanted to see if the old guy felt guilty.

It's a pity that the old guy is very calm. Not to mention guilt, there was more contempt and disdain in his eyes.

“William, why do you have such weird ideas?

From the day it was born, capital was destined to have its own identity.

Yeah, it was never anything noble. God knows what would happen if there were no legal constraints. You know, there was a tragic explosion right where that group of people were walking. "

Buffett put it very bluntly, and things are much better now. Instead of hoping that Wall Street won’t cheat, you might as well imagine that cats don’t eat fish. Now it's just deception, but in the past it was Hongguoguo's plunder.

Of course, when William White said this, he meant to be pretentious.

If I had to say something noble and shameless, the most shameless one would definitely be William White. Damn it, you are pretending to be a great person, and you actually started acting right away.

Buffett was very depressed. Of course he came here to be a lobbyist. Before coming here, he told Greenspan that it was completely unnecessary. William White is a very sober person. If the U.S. economy declines, so many of us here will lose the most to William White.

If that's the case, why bother explaining anything?

What about derivatives? Didn’t those car loans of yours turn into bonds?

Bastard, you have the largest number of Teslas, and you have the largest proportion of White Bank. Now there are five to six people talking about risk control. I just want to ask, how do you do it?

There seems to be no warning. Your group of fund managers directly promote this thing as savings. This means that nothing happened. If a large-scale breach of contract did occur, I don’t know if you would still be so confident.

However, the winner is a prince and the loser is a thief. Now you, William White, are the winner, and no financial institution has as much money as you.

The market lacked dynamism and lending was at a standstill. Even if the Federal Reserve allocates funds, it cannot solve this thorny problem.

Is the market short of money?

How is that possible? The price of 3G licenses is sky-high. How could this happen if there was really no money. The United States is like a big magnet, attracting funds from all over the world. As long as it can make money, the money will come on its own.

confidence. William White smiled bitterly. Now he has confidence. Even within his company, they tend to invest conservatively. If he, William White, hadn't used a cheat, he would have been dead long ago with the two moves he made now.

Well, let's be conservative. It's okay to make some mistakes, as long as the losses are not too outrageous, he can accept it.

As for why Mao did this?

I'm just hurting the neighbors. I want you bastards to keep staring at me, huh, to see if you die or not!