Rebirth 79: I opened a bank in the United States
Chapter 870 Mundell's Law
"So, he doesn't know the true intentions of the United States?"
"If the United States doesn't plan to turn its face completely, it wouldn't be bad to replace that Donald. That old man has a bad temper."
"Well, Donald Reagan's temper stinks, but at least we know the bottom line. It may not be a good thing if someone who doesn't know the bottom line suddenly comes over."
When Carter stepped on the plane returning home and was flying over the Pacific Ocean.
Here in Japan, or in the manor last night
A group of middle-aged and elderly Japanese sat around in the back garden, debating everywhere.
Compared with the hustle and bustle of last night, today's place is a different kind of excitement.
"Yes, uncles, grandpa. Carter doesn't know what the real intentions of the United States are. I believe his statement and judgment. It's not just because of my personal relationship with him, but also because of the objective facts that are happening in the United States. This passage is highly credible!"
"For the show he led, seniors only need to call the American branch to find out if there is such a thing. Because of this show, he is now in a very passive situation, and even has to go to Japan. Avoid the limelight. Similarly, because the public opinion is very unfavorable to Mr. President Reagan, the White House is a little eager for success, eager to open up the situation in Japan and reverse the unfavorable situation, which can also explain why the current attitude of the United States is confusing.”
Standing at the lower part of the garden, Akio Toyoda behaved neither humble nor overbearing
Compared with the abandoned dandies, the successors cultivated by these big families are usually not too inferior in terms of bearing.
"Ling Ren, did you hear the news I asked you to inquire about?"
Among the old people sitting at the top, an old man closed the report written by Akio Toyoda overnight, raised his head and asked.
"There are too many goals. Just relying on the clue of 'senior brother', we follow the direction of American political and business leaders with Yale study experience to find too many people who meet this condition!"
"Vice President George Bush, and his son, Walker Bush, president of Absto Energy; Steve Schwartzman, senior partner at Lehman Brothers; Winston, president of the Carnegie Endowment for International Peace Lord, who had a close relationship with former Secretary of State Henry Kissinger."
"And Mike George Bundy, the former US national security adviser, and his brother William P. Bundy, who in turn"
"Okay, okay, don't talk anymore!"
The old man frowned, dissatisfied with Yasuda Lingren's feedback.
"So many days have passed, and I haven't even figured out the background of the other party."
"Well, Uncle Yasuda should not be blamed for this. I know a piece of news that Carter has received an invitation letter to join the Skull and Bones Society. This organization was born on the Yale campus and has seriously infiltrated the CIA! This is basically no secret in the United States. I heard that in the early years, the CIA even stated semi-publicly that as long as you are a member of Skull and Bones, you can enter the CIA at any time."
"As an associate member of the Skull and Bones, Carter's information should have entered the sight of the seniors of the CIA. If you want to protect it, it is indeed very difficult to accurately find out who is behind him with the strength of the US-Japan Chamber of Commerce. Difficult to do."
Akio Toyoda looked at the momentary stalemate, and resignedly interjected.
After several years in the United States, due to the relatively high starting point of the family.Akio Toyoda can spy on some bottom layers of American society more easily than ordinary people.
Who said that the United States is not a humane society? !
Warren Buffett will only tell you that he visited the NYSE when he was eight, but not that his congressman father took him there.
Similarly, Colin Powell, former U.S. Secretary of State .emmm and now a senior military assistant to the U.S. Secretary of Defense, also said: "The problem cannot be solved by organization alone. There is no perfect chart or plan in the world. It is up to people to plan things. Only people can do great things."
Whether it's a small matter or a big one, who can accomplish it depends not only on their methods, but also on their connections.
Akio Toyoda gradually understood this truth, and the old men knew it better.Therefore, both of them understand that only by knowing who is behind Carter, can they know more clearly whether the news he brought is reliable and useful
Can you follow this point and continue to do something.
"The vice president of the CIA named Bush, I remember he once served as the director of the CIA, right?!"
Tapping the table with his fingers, a more likely and realistic situation was quickly pushed out by the old men.
"Ling Ren, try to find out their teacher-student relationship, and see if Carter and him, or his son, have a common teacher or something!"
"understand!"
"Zhang Nan."
"Eh!"
"Based on your judgment, we can now confirm that the candidates for the talks may be changed, but the actual attitude of the United States is unknown. We now have two options: 1. Continue to maintain a tough situation, force the United States to replace people, and further test the bottom line of the United States; It can lead to two outcomes, better or worse!"
"2. Soften your attitude and keep things within a controllable range. Continue to talk to this, Donald whom we are familiar with. If you were you, which plan do you think we would choose better?"
"If it were me, I would choose the second option."
Without a trace of hesitation, Akio Toyoda replied directly.
And this reaction also aroused the curiosity of everyone present.
"According to what I have learned, the current request made by Mr. Finance Minister is only 160 to 1, and there is obviously room and room for relaxation. Normally speaking, when it comes to 200 to 1, it should be no problem. This number , It also happens to coincide with the fuse of all these things, the request made in the "Morgan Report."
Facing everyone's searching eyes, Akio Toyoda said slowly:
"For the United States, for President Reagan, there is an answer sheet that can be handed over to the public. Similarly, once the exchange rate becomes 200 to 1, we will lose a lot of markets, but it is only 230, At 220, it should be a little more, so as not to lose all. Moreover, with the exchange rate rising as a bargaining chip, we should be able to ask the financial market to suspend opening.”
"In my opinion, the importance of ensuring the independence of the financial market is far greater than some fluctuations in the exchange rate. According to Mundell's law, no country can simultaneously satisfy the 'free flow of capital', 'independent monetary policy' and 'exchange rate' Stability' These three points. We have the most, and we can only seek the second"
"Didn't we just pursue independent monetary policy and exchange rate stability in the past?! Free capital flow is prohibited."
"But now, it doesn't matter what we say! Does our monetary policy really have complete independence? No! We only have relative independence! We are not China next door, and Japan does not have that much depth of development"
"Now that the eyes of the United States and even all walks of life are on the exchange rate, we might as well give up this position and turn to the other two directions, namely, relatively free capital flow and relatively independent monetary policy."
"In this way, we still have the possibility to stabilize the exchange rate! At least, we still have room for manipulation!"
"If the United States doesn't plan to turn its face completely, it wouldn't be bad to replace that Donald. That old man has a bad temper."
"Well, Donald Reagan's temper stinks, but at least we know the bottom line. It may not be a good thing if someone who doesn't know the bottom line suddenly comes over."
When Carter stepped on the plane returning home and was flying over the Pacific Ocean.
Here in Japan, or in the manor last night
A group of middle-aged and elderly Japanese sat around in the back garden, debating everywhere.
Compared with the hustle and bustle of last night, today's place is a different kind of excitement.
"Yes, uncles, grandpa. Carter doesn't know what the real intentions of the United States are. I believe his statement and judgment. It's not just because of my personal relationship with him, but also because of the objective facts that are happening in the United States. This passage is highly credible!"
"For the show he led, seniors only need to call the American branch to find out if there is such a thing. Because of this show, he is now in a very passive situation, and even has to go to Japan. Avoid the limelight. Similarly, because the public opinion is very unfavorable to Mr. President Reagan, the White House is a little eager for success, eager to open up the situation in Japan and reverse the unfavorable situation, which can also explain why the current attitude of the United States is confusing.”
Standing at the lower part of the garden, Akio Toyoda behaved neither humble nor overbearing
Compared with the abandoned dandies, the successors cultivated by these big families are usually not too inferior in terms of bearing.
"Ling Ren, did you hear the news I asked you to inquire about?"
Among the old people sitting at the top, an old man closed the report written by Akio Toyoda overnight, raised his head and asked.
"There are too many goals. Just relying on the clue of 'senior brother', we follow the direction of American political and business leaders with Yale study experience to find too many people who meet this condition!"
"Vice President George Bush, and his son, Walker Bush, president of Absto Energy; Steve Schwartzman, senior partner at Lehman Brothers; Winston, president of the Carnegie Endowment for International Peace Lord, who had a close relationship with former Secretary of State Henry Kissinger."
"And Mike George Bundy, the former US national security adviser, and his brother William P. Bundy, who in turn"
"Okay, okay, don't talk anymore!"
The old man frowned, dissatisfied with Yasuda Lingren's feedback.
"So many days have passed, and I haven't even figured out the background of the other party."
"Well, Uncle Yasuda should not be blamed for this. I know a piece of news that Carter has received an invitation letter to join the Skull and Bones Society. This organization was born on the Yale campus and has seriously infiltrated the CIA! This is basically no secret in the United States. I heard that in the early years, the CIA even stated semi-publicly that as long as you are a member of Skull and Bones, you can enter the CIA at any time."
"As an associate member of the Skull and Bones, Carter's information should have entered the sight of the seniors of the CIA. If you want to protect it, it is indeed very difficult to accurately find out who is behind him with the strength of the US-Japan Chamber of Commerce. Difficult to do."
Akio Toyoda looked at the momentary stalemate, and resignedly interjected.
After several years in the United States, due to the relatively high starting point of the family.Akio Toyoda can spy on some bottom layers of American society more easily than ordinary people.
Who said that the United States is not a humane society? !
Warren Buffett will only tell you that he visited the NYSE when he was eight, but not that his congressman father took him there.
Similarly, Colin Powell, former U.S. Secretary of State .emmm and now a senior military assistant to the U.S. Secretary of Defense, also said: "The problem cannot be solved by organization alone. There is no perfect chart or plan in the world. It is up to people to plan things. Only people can do great things."
Whether it's a small matter or a big one, who can accomplish it depends not only on their methods, but also on their connections.
Akio Toyoda gradually understood this truth, and the old men knew it better.Therefore, both of them understand that only by knowing who is behind Carter, can they know more clearly whether the news he brought is reliable and useful
Can you follow this point and continue to do something.
"The vice president of the CIA named Bush, I remember he once served as the director of the CIA, right?!"
Tapping the table with his fingers, a more likely and realistic situation was quickly pushed out by the old men.
"Ling Ren, try to find out their teacher-student relationship, and see if Carter and him, or his son, have a common teacher or something!"
"understand!"
"Zhang Nan."
"Eh!"
"Based on your judgment, we can now confirm that the candidates for the talks may be changed, but the actual attitude of the United States is unknown. We now have two options: 1. Continue to maintain a tough situation, force the United States to replace people, and further test the bottom line of the United States; It can lead to two outcomes, better or worse!"
"2. Soften your attitude and keep things within a controllable range. Continue to talk to this, Donald whom we are familiar with. If you were you, which plan do you think we would choose better?"
"If it were me, I would choose the second option."
Without a trace of hesitation, Akio Toyoda replied directly.
And this reaction also aroused the curiosity of everyone present.
"According to what I have learned, the current request made by Mr. Finance Minister is only 160 to 1, and there is obviously room and room for relaxation. Normally speaking, when it comes to 200 to 1, it should be no problem. This number , It also happens to coincide with the fuse of all these things, the request made in the "Morgan Report."
Facing everyone's searching eyes, Akio Toyoda said slowly:
"For the United States, for President Reagan, there is an answer sheet that can be handed over to the public. Similarly, once the exchange rate becomes 200 to 1, we will lose a lot of markets, but it is only 230, At 220, it should be a little more, so as not to lose all. Moreover, with the exchange rate rising as a bargaining chip, we should be able to ask the financial market to suspend opening.”
"In my opinion, the importance of ensuring the independence of the financial market is far greater than some fluctuations in the exchange rate. According to Mundell's law, no country can simultaneously satisfy the 'free flow of capital', 'independent monetary policy' and 'exchange rate' Stability' These three points. We have the most, and we can only seek the second"
"Didn't we just pursue independent monetary policy and exchange rate stability in the past?! Free capital flow is prohibited."
"But now, it doesn't matter what we say! Does our monetary policy really have complete independence? No! We only have relative independence! We are not China next door, and Japan does not have that much depth of development"
"Now that the eyes of the United States and even all walks of life are on the exchange rate, we might as well give up this position and turn to the other two directions, namely, relatively free capital flow and relatively independent monetary policy."
"In this way, we still have the possibility to stabilize the exchange rate! At least, we still have room for manipulation!"
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