Rebirth 79: I opened a bank in the United States

Chapter 867 Double Pressure of Yen Appreciation
Soft little hands rest on hands, waist, feet and head.
Carter clearly felt that he was lifted into the bathtub filled with hot water by countless hands.
I even felt a dishonest little hand touching my abdominal muscles and chest muscles, and there was a burst of incomprehensible laughter in my ears
Well, there is no need to understand!

Feeling a certain pillar under his body, Carter can guess with his butt that the group of Japanese girls around him is designated to be driving his own car
But what can Carter do as a "drunk" person?

Speaking of which, how many times is this the first time, obviously capable, but completely unable to do it? !
Thinking wildly in his head, Carter couldn't remember how long he had been soaking in hot water.Just after hearing a door push and footsteps, Carter felt that someone was patting his face
"What are you doing?!"

Slowly opening his eyes, Carter turned over in the bathtub, leaving only Akio Toyoda naked.
"Are you feeling okay now? I brought you some water, Carter, turn around and drink some! Drinking too much alcohol will dehydrate you, and taking a hot bath will also make your body lose water. Come on, hurry up!"

Patting Carter on the shoulder, Akio Toyoda showed the patience and attitude of coaxing his little nephew at home.

"No, no, no! I can't drink anymore."

"This is water, not wine! Come on, turn around."

After a lot of tossing, Carter, who drank three glasses of water in a row, finally looked better.
"Carter, do you remember what you just said?"

"What did I say?"

His eyes stared blankly at the surface of the bathtub, and Carter looked dazed from drinking.
"You just said that you want to take advantage of the appreciation of the yen and the excessive issuance of the yen to increase the market value of Twilight Chain to 300 billion yen!"

"Did I say so?"

Carter turned his head and looked around the bathroom.As if after confirming that no third party was present, Carter said:
"Oh, I seem to have said it. As long as you know it, in fact, hehe, my number is still, and I said it is too small!"

"Is this still young?"

"Of course it's small, Twilight. I've invested 1000 million US dollars in it, including Michio Yasuda and the others, it's 2000 million US dollars. There should be more in the future. Before the round of financing, there should be a real 3000 million US dollars in. "

"300 billion yen, that's just a little more than a billion dollars! Just this manor, the price is 300 million yen for one night! Ordinary houses start at 2 yen a day."

Leaning against the edge of the bathtub, Carter threw his head back, twitching his nose.Fresh air is virtually nonexistent in a bathroom that smells of booze
"Now we have more than 1600 suites, based on an average daily occupancy rate of 75%. We can open 1200 rooms every day, which is at least 2400 million yen. A month is more than 7 billion yen in gross profit. After removing the cost, No matter what, there will be 3 million left. Moreover, this is still grabbing the market now, the price we pay for the house is too high, and the cost of management is relatively high. But these can be compressed in the later stage.”

"Even without the expansion of the compound interest model, the annual net profit of Twilight Chain should be around 36 billion yen. Normally, based on the price-earnings ratio of 7-8, the valuation of 300 billion yen is also easy."

"So I said, the number I just said is actually less! Under normal circumstances, it must be more than this! Akio, the Japanese yen is worth a lot in the future! This thing, listed in Japan, must be more cost-effective than the United States! Now change it to US dollars, It’s more than a billion dollars, but in a few years you can see, this is at least [-] million U.S. dollars!"

"You mean, in two years, the exchange rate between the yen and the dollar will become 150 to 1?!"

Hearing Carter himself mentioned this topic, Akio Toyoda immediately became alert.Following Carter's words, he asked further.

"Specifically. I don't know. It will reach this number in a few years. But I have a hunch. Do you understand? It's the same as before. I feel that it will arrive! The US-Japan exchange rate will definitely reach 150 to 1!"

"And that hunch you had back in Georgia."

"Yes, that's what it feels like!"

"This is really bad news."

Akio Toyoda's face is a little ugly. If the exchange rate between the US and Japan reaches 150:1, it will be a disaster.
But in other words, Carter dared to say such "ugly" words.He even stated his fundamental intention of going public in Japan through Twilight Chain and borrowing the appreciation of the yen to earn excess returns
Akio Toyoda dare not believe these words
"It may be bad for you, but it's good news for me. Moreover, the valuation of the US dollar is too high! Akio, I haven't told Yasuda about this, because they are not usually in the United States, so they don't feel it .but you are different."

"You should know that since the decoupling of the US dollar from gold, the US dollar currency has been in an oversupply state. It stands to reason that the US dollar should have been worthless long ago! But even at the time of the worst inflation, the number of US dollars in circulation in the consumer market has increased It is only 25%, which is far lower than the amount of money the Fed issued in those years!"

"If I say that, you understand, right? In the past years, these excess U.S. dollars circulated around the world. South America, Central America, Thailand, and Malaysia, if your financial markets in Japan were not open, the current Japanese The economic index will definitely rise by ten points!"

"I seem to understand, you are saying that the dollar will depreciate?!"

The topic started here. As a person who has worked in an American investment bank for several years, Akio Toyoda immediately understood what Carter was talking about.

U.S. bond interest rates soared in the past two years!The repatriation of dollars invested abroad.
Those dollars that were originally used to invest in foreign markets ran back to the United States to buy treasury bonds when interest rates on U.S. treasury bonds rose. The money went into the pockets of the U.S. government!

And what will the U.S. government do with the money?What can I do? !

Do you even need to think about it? !

Combined with the current socioeconomic development of the United States.
Inflation has been suppressed into normal ranges at the cost of depressed economic activity.
But at this time, the US government has money!The U.S. government is trying to revive the economy again!Whether it is out of public interest or the selfishness of President Reagan who wants to be re-elected, he must do this!
If you have money, you can use it to buy things, and buying things will create demand.
The economic development of a large economy always depends on demand!
And once the U.S. government starts throwing money into the U.S. market
The excess currency issued in the past will really flow into a depression like the United States.Akio Toyoda doesn't care if inflation keeps its head up.
He just understands that once the United States does this, the dollar will definitely depreciate!
And the exchange rate is like a seesaw!

Even if the value of the yen remains unchanged, the depreciation of the dollar means the appreciation of the yen.
This double yen appreciation pressure, combined with the steaming heat wave and the smell of alcohol in the bathroom, made it difficult for Akio Toyoda to breathe for a while.
"Shouldn't it be?! Maintaining the status of the US dollar is... isn't this what the United States has been doing?!"

"President Reagan, two days ago, he was still calling 'a strong dollar, a strong America, let us maintain confidence'! Would he slap himself in the face and let the dollar depreciate?!"

(End of this chapter)