Chapter 402 The Gone God
Paul Volcker announced that he will not seek re-election. Although this news is somewhat unexpected, it is also reasonable.
Obviously, excessively high bank interest rates have caused many contradictions. And this great god insists on suppressing inflation with high interest rates.
Although the effect is very significant, many small and medium-sized enterprises and farmers have become victims. If you keep being tough, the old guy is really in danger. In a country overrun by guns, it's not a pleasant feeling to be the target of public criticism.
Of course, the person sitting in the Oval Office doesn't like him much either. You have such a high interest rate, how do you guys increase the GDP, no one will invest, and the employment rate in the United States still has a fart. Didn't you see it? That bastard William White is all buying treasury bonds.
Well now, the stubborn old guy has gone to teach, hope he has a good time, and preferably never come back.
Faced with this situation, William White was very indifferent. The old guy was considered a smart person and knew that he should retire. If it continues, it may be difficult to end well.
In fact, the United States was able to climb out of this economic crisis, thanks to Paul Volcker. He not only ended the Bretton system, the biggest obstacle to the economic development of the United States, but also completed the task of industrial transfer.
As the boss of the Mi Fed, he has done a pretty good job. As for the actor now, hehe, that's just the performance time, and there are still a few years left and it will be over.
In the next few decades, he will be a great god who needs everyone to look up to. However, he also opened Pandora's box. As long as the US emperors need it, they can print US knives anytime and anywhere.
As for inflation or something, I'm sorry, you other countries should take care of it, and it's best to buy more government bonds. Otherwise, once so many dollars flood the market, double-digit inflation is simply inevitable.
"Boss, the Mi Fed has a clear signal to cut interest rates." Felson looked dignified. He was 100% sure that if the news came true, Mi stocks would definitely soar again.
"Haha, it doesn't matter, don't worry. If you were not sure before, I am very sure now that there will be a major change in the US stock market." William White confirmed that a large interest rate cut can certainly stimulate investment, but the risk is great. .
The most frightening thing is that you have no entity to invest in the United States, and all currencies will enter the financial field. If things go on like this, the problem of industrial hollowing out will inevitably occur in the United States.
William White believes that the financial field should serve the industry. You can't reverse the affiliation between the two, it's not a healthy economy.
"Boss, our think tank still insists that the US stock market is overheated and there are very serious problems."
"Well, I trust your judgment, don't worry about the comments in the outside world, this market is a bit crazy, they don't hear the warning of danger, and the most important point is that I really don't need to take risks. You see, the world's richest man and the following The gap is too big, I hope they will work harder, I can wait for a while."
Filson was speechless. He said to himself, even if you sleep for ten years now, no one can close the gap with you. If you count the wealth in your funds, the top ten consortiums are not enough, you have at least more than half of the consortia's assets.
William White is a little worried now. He doesn't need to think about the details, but he has to formulate a general plan. The depreciation of the dollar is a foregone conclusion. How can he ensure the appreciation of his assets.
"William, the Fed has changed, so I don't plan to pay a visit." To be honest, Bush still took good care of him, or in other words, William White was also a very important help to them.
"Greenspan? Hehe, our philosophies are different. You may not believe me when you say it. Although the old guy who left doesn't like me, I appreciate his policies very much." After receiving such a sentence, little Bush was a little dizzy, and he It is really unexpected that the policy hated by Texas farmers was actually sought after by William White.
"No, William, if such a high interest rate is implemented again, our employment will be over."
"The employment problem has been solved, but what about inflation? You don't know they are printing dollars, right? Lowering interest rates is just drinking poison to quench your thirst."
William White didn't feel the need to show his favor. He knew very well that the two sides were naturally at odds. Unless, his family can get a seat in the Rice Fed.
Of course, no one likes the addition of new forces. They have been playing this game for many years, so why accept a newcomer?
What? You have a lot of money.
Hehe, how much money is printed every year is decided by others, no matter how much money is, it is just a number.
Why do old American companies like to borrow like crazy?
They didn't regard these green bills as money. No matter how much money you have, it is useless, you must have fixed assets. Otherwise, everything is false.
As you know when you are abroad, cash is not very useful. A place where you have to swipe your credit card to buy Coke, why are you grabbing so much money?
After rejecting the kindness of Bushu Jr., William White also felt that it was meaningless. He was going to go out and have fun.
"Interesting, actually like austerity policy, this is not like a financial person."
"Dad, I get the feeling he's worried about inflation."
"Hehe, yes, this guy has too much money. Of course he is worried about his assets being damaged. The loss of Legendary World this time is not small."
"Dad, do you think the guys in the Ministry of Justice are really stupid? This time it has become a joke for the whole world."
"Oh, son, it's because of the interests. It's just a pity that someone made a wrong calculation."
It's not just as simple as making a wrong calculation, the current Ministry of Justice is simply a Shura field. Some people have already begun to call the national traitor.
Of course, there are also foot basins that suffered from indiscriminate disasters. Why is your market okay? This is really hateful.
What people didn't expect was that the foot basin person actually said that the royalty system of the legendary world is very good, and we just borrowed it. Why do you oppose this policy, we find it difficult to understand.
The guy whose hair was plucked said he was very happy. What are you onlookers doing? If we don’t adjust our strategy in time, we won’t be able to continue playing this time.
The difference is that the money should have been given to the Legendary World, but now it can only be used by our association.
The slap in the face was like a crackling sound.
After the news came back, the U.S. emperor was too embarrassed to find fault. After all, everyone is a person of status, and you can't always be a rascal.
With this additional meal, the doubts encountered by the Ministry of Justice can be imagined. Are you sacrificing yourself for others?
The logical chain connected by William White is too obvious. So much so that there are murmurs within the Ministry of Justice. If you continue to play like this, you really don't know what it will look like in the end.
The foot basin people also said that they will work closely with Legendary World on the PS2 project. This time, they participated in the development as franchisees.
The answer to the mystery is revealed, the Legendary World has changed the channel, you have the ability to continue to fight the monopoly.
This time, the legendary world will definitely withdraw from the United States. When the time comes, let's see how you idiots 13 will explain.