Rebirth 79: I opened a bank in the United States

Chapter 860
"Impossible, this is absolutely impossible! Secretary Reagan, I hope you can come up with some practical and realistic proposals!"

Rao is a master of drama and Ben Takeshita, after hearing Secretary Reagan's "one knife" that raised the price from the floor, the muscles on his face trembled unconsciously!
As one of the key indicators at the core of the talks, the exchange rate!

It is impossible for Noboru Takeshita to have not made preparations, nor could he not have communicated with Keidanren and other organizations.Understand that the bottom line that Japan can accept is floating around 220, suddenly 160
What's the difference between this and cut in half? !

"Why is this unrealistic? Your Excellency Zangsang, look at the energy that is popular in the world today, oil! Today, the price of a barrel of crude oil in the United States fluctuates around 30 US dollars. However, crude oil in Japan only costs about 4800 yen. Look, 160 yen to 1 dollar is very reasonable!"

"Pfft."

Just as Treasury Secretary Reagan finished his speech and leaned back tactically on the back of the seat, the US representative laughed lightly one after another.

Even though they tried their best to suppress their laughter, it still seemed extremely harsh in the quiet conference room.
"Hey buddy, why are you laughing?"

Unknown, Carter secretly moved his body to a "little young man" beside him.Give full play to his good character of "not ashamed to ask"
"You do not know?!"

The little yellow-haired boy gave Carter a strange look.
"I just came to the Ministry of Finance for an internship, here."

"It's no wonder, it's nothing. It was when those Arab countries imposed an oil embargo and cut oil production, targeting us in the United States. The group of Japanese on the opposite side used the statement that drew a line with us in exchange for those white turbans. Let go."

"Mr. Treasurer is implicitly accusing them of being immoral! Just keep listening."

"Mr. Reagan, the exchange rate can't be based on a single commodity, stop joking!"

Takeshita nobo's face
Well, no one cares about his face now
On this blue planet, who doesn't know that Japan is the horse boy of the United States?You ask who doesn't know? !

Now Ma Zai used the picture to overcome him, and was directly pointed out by the boss.Before you have the strength to lift the table, no matter how ugly your face is, you have to greet him with a smile, to see if you can get this matter out of the way
On the contrary, Carter, after learning the new news, had a deeper understanding of the situation in front of him.

Since the oil crisis in 73, Japan has secretly deviated from the position of the United States in exchange for low-priced oil in the Middle East. No wonder their economic development is so jubilant these days!

After working for a long time, in addition to its own technology research and development, technological progress and other factors, cheap energy is also a major driving force!
At the same time, this seems to explain another question: why many American business owners, and even politicians, are shouting at Japan at this time
"I'm not joking with you! Your Excellency! As I said before, the Treasury Department should be the only institution that has a moderate attitude towards Japan from all walks of life in the United States. But our patience is also limited. I hope you can really pay attention to it. This reform! Pay attention to the increasingly serious problems today!"

"Let you let go of foreign exchange control, you don't want to! Okay! I agree, I respect your ideas and opinions. Since you want to artificially control the exchange rate, how much should you control? Hmm? How much can solve today's problems and alleviate this situation? friction?!"

"230, Secretary of the Treasury Reagan, look, this is the data we counted and calculated by substituting it into the model."

"It's a waste of our time! If you continue to insist on 230, then we will return to the United States now! Next time, maybe you will not meet me, a scholar of the Chicago School, but a narrow-minded geoprotectionist!"

He slapped the table angrily, Secretary Reagan got up abruptly, grabbed the documents in front of him, turned and walked straight to the gate.
Ok? !

Um? ? ? !

When he was surprised that this important meeting was the same as the routine he sometimes played as a rogue, Carter thought that Secretary Reagan would turn his back on the Japanese side.It turned out that Secretary Reagan really left the conference room without looking back.
"Let's go, buddy! Call it a day, let's hang out together at night? By the way, Tanguy Sherman! From the Office of International Monetary Policy."

"Carter Black! Intern at the Office of International Affairs, nice to meet you!"

Shaking hands with the enthusiastic Huangmao, oh no, Tanguy, Carter quickly closed his notebook, and followed the American representatives who left the stage hastily, step by step.
"Tsk, there is a future! I have been in this kind of pragmatic organization since the first internship, and we can communicate more in the future!"

The Office of International Affairs, which reports directly to the Secretary of the Treasury, not only looks stronger than the Office of International Monetary Policy, which reports to one of the Deputy Ministers.In terms of real power
"Our office sounds like a powerful name. In fact, it's a group of nerds who study this and that every day, but it's useless! You can't take care of anything, just like a nanny. They only come to you when they need something. Who will remember your existence?"

With a trace of deliberate intimacy, Tanguyi leaned close to Carter and walked towards the convoy outside the venue.

"Haha, you can't say that, your work is still very important. Really! Mr. Sherman, what you can do, I can't do."

What policy analysis, dabaa!
Carter comforted the other party with a little sincerity, and he couldn't bear to tell the other party the reality that he was just there as a name so that he could enter the venue and watch.

"Let's not talk about that, Mr. Sherman, I still have some problems. I don't understand what you said. If I read correctly, the Japanese Finance Minister just now is a little soft. At this time, You should add more fire!"

"Don't worry, the fire has been added! Didn't you hear the words left by Mr. Finance Minister before he left?"

Boarding the bus, Tanguy enthusiastically pulled Carter to sit with him:
"What is Japan most afraid of now? It is trade protectionism!"

"Once the trade protection measures take effect, the difficulty of exporting their goods to the United States will increase exponentially. This is actually more deadly than exchange rate controls!"

"The fluctuation of the exchange rate can only make their life a little bit more difficult. And before it is really uncomfortable, there is still a buffer period. They still have time to adjust economic measures and re-plan development goals. But if the negotiations really break down, forcing If we have to use trade protection measures such as raising tariffs to restrict them, it will be a hard conflict! There is no reaction time in the middle!"

"This is a situation that Japan does not want to see, and today, it is unrealistic to want to negotiate a result. The pressure that should be given has been given, and the rest is up to them to do it themselves. It is not that they do not know what we want. Why? They know too well what we want"

(End of this chapter)