Chapter 1374 The Abacus of the Appreciation of the Yen

Huo Jianning quickly convened a think tank. After the list was reviewed by Xia Yu, a meeting was held as soon as possible.

After three days of intense and meticulous research, the final action plan was released.

In Europe, the main body is the Bright Fund, and the basic market is still in the United Kingdom.

There is no need to move the domestic assets in the UK, as much as possible to mobilize funds to invest in the stock market.

Companies in Canada and Australia are also mobilizing funds in this way on the premise of ensuring stability.

Countries outside the United Kingdom in Europe, under the condition of ensuring the safety of the company, maximized mortgage loans, and obtained loans by borrowing dollars for dollars, and the loan funds were respectively invested in the British stock market, the French stock market and the Italian stock market.

In the second half of 1987, Xia Yu took out all the money and entered the financial market of the island country where the price doubled by then. Of course, about this, Xia Yu didn't say it for the time being, he just kept a secret. on.

In the United States, the main body is Polaris Capital, and there are also companies that have no relationship on the surface, such as Bridgewater Fund and Tiger Fund.

Because there are many banks involved, it is necessary to ensure that there are safe funds, and you can't bet everything.

Therefore, the bank's funds first invest in buying gold for value preservation, and then other funds enter the island country, some of which are only long in the Japanese yen, and some are long in the stock market of the island country.

Those wholly-owned companies under the Polaris Capital Company directly withdraw most of the working capital.

For those companies that are not wholly-owned, they will absorb the blood of other shareholders and lend their working capital to the financial companies under their command at normal interest, and the financial companies will invest in the general direction. The other side borrows the chicken to lay the egg.

On the other hand, the Jiuding Consortium acted more resolutely.

Because the Hong Kong dollar is pegged to the U.S. dollar at a fixed exchange rate of 6.1, most of the assets of the Jiuding Consortium are in Hong Kong dollars. The situation is the same as that of the North Star Capital Company’s U.S. dollar, and it is not as stable as the British pound assets of the Bright Fund.

Therefore, Xia Yu decided that in the next few years, the companies under the Jiuding Consortium will change the way of development, and the expansion will continue, but will rely more on the funds of banks outside the consortium.

As for the funds of these companies, they are lent as much as possible to the major financial companies under the Jiuding Consortium, and these financial companies will invest the funds into the stock market of the island country.

And domestic companies in the island country,

It’s even simpler. If you can get a loan, you can get a loan. After all, the interest rate is too low. If you can borrow dollars, you can borrow dollars. You can’t borrow dollars.

The major banks and Sunshine Credit Corporation aggressively raised deposit rates to absorb deposits and put money into the stock market on the premise of ensuring the safety of the company.

Those real estate companies have increased their efforts to acquire land, adopted the method of leveraged land acquisition, and used funds from other banks to develop.

As for Xia Yu's Galaxy Fund, needless to say, tens of billions of dollars are all ready to enter the island country.

...

The action plan is very detailed and the content is very long.

But it sums up a kernel.

Find ways to use your own money to increase investment, and use other people's money to invest and expand.

After the action plan was formulated, the family office immediately cooperated with Xia Yu to schedule various first-tier companies around the world.

In addition to the family office level, George Berkeley, Peter Lynch, Julian Robertson and others do not know the overall plan, but only know the action plan in their respective fields.

As for the lower-level company, the orders received are also fragmented tasks after division. On the surface, it seems that it is a completely normal management decision, and the possibility of information leakage is infinitely reduced.

Soon, companies took action, and huge capital flows began to flow through what is arguably the largest banking system in the world.

And just when Xia Yu acted here.

With the passage of time, the high-level political circles of the island countries have made a clear decision on the devaluation of the dollar after repeated research and analysis.

This afternoon.

After the conclusion of the departmental meeting, the deputy prime minister of the island country and prime minister of the Great Treasures, Takeuue, went to the Prime Minister's Office with the results of the meeting to report to Prime Minister Yasuhiro Nakasone.

"Takeshang-kun, you are here, please take a seat!"

"Hi!"

After bowing slightly, Takegami sat down opposite Yasuhiro Nakasone.

The Prime Minister's secretary did not need to ask, and immediately made tea beside him.

"Nakasone-kun, the Ministry of Tibet just ended the meeting. This time, everyone's opinions are more unified."

Nori Takegami immediately reported to Nakasone Yasuhiro.

The latter's eyes narrowed and he sat up straight: "Oh? Tell me about the specific situation."

Nori Takegami immediately told the research situation of the meeting: "The Ministry of Tibet's opinion is to actively cater to the depreciation policy of the US dollar and let the yen appreciate."

"First of all, the U.S. trade deficit has reached the highest point in history, and its trade with my country accounts for one-third. Whether we agree or not, the U.S. will depreciate the dollar. If we actively cooperate, then we will automatically restrict exports. Make concessions to the U.S., and if we don’t cooperate, the U.S. will likely impose trade sanctions.”

"Since this year, major American companies and associations have submitted more than 300 sanctions against us to the U.S. Senate and House of Representatives!"

"And we all depend on the United States politically and militarily. If the United States collapses due to its high fiscal deficit and trade deficit, then our backing will be gone. Therefore, it is politically correct to properly meet the requirements of the US government."

"Second, we are already an industrial power, but we lack all kinds of basic resources. Oil is settled in US dollars. The appreciation of the yen against the US dollar will help us purchase natural resources and strengthen our industrial manufacturing chain. It is beneficial for our domestic enterprises to go abroad and expand through mergers and acquisitions around the world."

"Thirdly, although the appreciation of the yen against the US dollar will hurt export-oriented enterprises, according to the analysis of the think tank, as long as the appreciation of the yen is controlled between 10% and 20%, it will not affect our large domestic export enterprises. Big."

"Especially for large-scale manufacturing enterprises that consume a lot of natural resources, the appreciation of the yen will reduce the cost of industrial raw materials. Even if the yen appreciates by 20% against the dollar, my country's products are still price-competitive."

"The reason why it is recommended to limit the appreciation of the yen to 10%-20% is to take into account those small manufacturing companies that are less dependent on imported industrial raw materials."

"Fourth, our island country is already the second largest economic power in the world. A strong island country needs a strong yen to support it. We can use this opportunity to push the yen's position in international transactions as high as possible. Challenge the hegemony of the dollar, but can impact the position of the pound.”

"The above are all the opinions of the Ministry of Tibet."

After listening to Yasuhiro Nakasone, he nodded with satisfaction and said, "Very good, the opinion of the Ministry of Tibet is similar to mine."

"Our country's economy has developed to a bottleneck."

"In 1978, my country's gross national product exceeded one trillion US dollars, accounting for 11.8% of the world's gross national product."

"But in the past six years, our gross national product has only reached 132 million US dollars, and the proportion of the world's gross national product has dropped to 10.83%."

"This has our own factors, but the bigger factor is because the US has been restricting us over the years."

"Comparing with the United States, during this time, the proportion has increased from 27.4% to 33.1%."

"The appreciation of the yen against the dollar this time is an excellent opportunity. As long as our domestic enterprises go out, then the gross national product will not represent the real strength of our country!"

"The United States can print dollars to harvest the world, and we can also use the influence of dollars to issue yen to buy foreign assets."

Takegami Noon smiled and said, "Nakasone-kun, what you said is too reasonable."

"Ha ha……"

Nakasone Yasuhiro couldn't help laughing.

"Takegami-kun, you still need to pay more attention to this matter, communicate with the other four countries as soon as possible, and make sure not to make mistakes."

"This is an excellent opportunity for the rise of my big island nation!"

"Hi!" Takegami replied solemnly.

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