Rebirth 79: I opened a bank in the United States

"Misunderstanding! It's all a misunderstanding!!"

"What I want to express is that there is not much difference between 200 yen for 1 dollar and 199 yen for 1 dollar!"

"I just want to avoid the breeding of panic in the market. This does not mean that the Bank of Japan can accept 190 yen for 1 dollar. Please rest assured that we will make corresponding adjustments to this! Everything is fine"

Turning off the TV at home with a "snap", sitting alone in the living room of Douglas' old house, Carter leaned back on the sofa, looking around at the familiar furnishings.
Today is January 1, only two days have passed since the news report reproduced by Reuters, but in these two days, everything has changed!

The reason why three people become tigers is very obvious in this incident: although the exchange rate was originally shaky, it has been firm and swaying. After the reprinted report by Reuters came out, it broke through directly in just two days. 200 of this line.
As an outsider bystander, Carter looked a little happy.

You have to bring English with you! !
In terms of stirring up shit, who dares to admit that Daiying is the second? !
The underworld filter of the later BBC and its similar simple disinformation methods, the effect achieved this time is unexpectedly good!So much so that Carter became suspicious
Can a simple reposted report, coupled with a certain degree of minor misinterpretation, really cause such a strong market sentiment?

Can it really motivate many financial institutions including Wall Street in the United States, the City of London in the United Kingdom, and the Paris International Financial Center in France to make a unified decision to buy yen and sell dollars? !

It should be said that the general public and some small financial institutions may be fooled by the media and public opinion, and under the sentiment of the appreciation of the yen, they are convinced by this report.But for the big ones, don't even mention the big ones.
Just like myself, those who are well-informed actually understand that the goal of the Plaza Accord has already been achieved!

In other words, the Bank of Japan can now completely restart the money printing machine, start to increase the supply of yen to the market, and then depreciate the yen currency!

Without depreciating the yen to a certain extent, Japan will not really offend the United States to death by doing so.At most, it's just killing such a group of speculators.
And here's the weird thing!

Why hasn't the Bank of Japan thrown out the yen in a big way to maintain the stability of the yen price?These international capitals headed by the United States, in the face of possible depreciation risks of the yen, how to hedge this part of the risk, in other words, they exchange about 200 yen to 1 dollar, such a yen currency is relatively "high" How to ensure that the yen will not depreciate back to more than 200? !
Unable to understand this problem, Carter has been afraid to take corresponding actions.
On one side is Black Flag Bank Holdings, whose annual income in the financial market is only about 15%.In the case of ensuring that the bank's capital meets the regulatory requirements, this part of the income cannot hedge the bank's own losses; on the other hand, it is a feast for the yen
Carter thought about it more than once, let the black flag enter the arena and participate in this feast.However, liquidity risk is at the core of Carter's concerns
"I feel painful that the speech of the person in charge of currency policy should be unified with the sentence 'Only God knows'. From now on, no matter what questions you ask me, as long as it is about currency, I will answer 'Only God knows'."

On January 1, the Prime Minister of Japan, Noboru Takeshita, once again spoke publicly to the media
This speech, which seemed to be complaining and complaining, did not achieve the effect of effectively conveying to the outside world that the original intention of his previous sentence was to comfort the market, not a monetary policy announcement.On the contrary, it is more like a confession of the powerless
And the market will beat the dog in the water the most.
2月10日，美日货币汇率突破190日元比1美元；2月20日，汇率突破180日元比1美元
Then, after a month of stalemate, on March 3, the US-Japan exchange rate reached 17 yen to 174 US dollar, reaching the highest value of the US-Japan exchange rate after World War II.
Also, on this day, Carter received an order from the National Guard.Officially through the army special talent introduction channel, he was converted from a second lieutenant in the Georgia National Guard to an army second lieutenant and entered active service.
What's interesting is that the job arrangement is still in the Eighth Army, but from the previous guard platoon leader to in charge of the base barracks facilities, the housing management department officer
The gold content of this position is completely incomparable with the previous position, but this happens to be Carter's favorite position.Even. Barracks management
The next day, as the Bank of Japan began dumping the yen, Carter was on a flight back to South Korea.
Because Carter was on the list of prohibited entry in South Korea, when he entered South Korea this time, Carter had to endure the deafening roar of the military transport plane, landed at the Seoul Air Force Base with a buzzing head, and then directly transferred to the military vehicle to return to Yongsan.

"Long time no see! Sit down, the coffee is ready for you!"

"Thank you, the general asked me this time, is there something for you?"

Sitting in Lieutenant General Livesey's office, Carter took his seat without any politeness
"It's no big deal. You should know that you can't go out for private reasons when you come here this time, right? You can go out secretly, but if we are found out, it will be very difficult for us."

"I understand, I'm not a person who can't stand loneliness, don't worry."

"That's good! You did a good job last time, and the frequency of those incidents has been much less recently. This time, you are assigned to the housing management department, on the one hand because of the need to keep a low profile, on the other hand"

Lieutenant General Livesey's eyes are full of playfulness
"By the end of the year, you'll be promoted to lieutenant. Housing is a small unit, and Captain Jodl Brooke has little hope of getting promoted. He's just waiting for his service to end. I've spoken to him, and if you If you want to do something, he will generally not make it difficult for you, and after a while, I will transfer Captain Andy Boll from the headquarters battalion to you, and then there should be no one to hinder you."

"What am I going to do. I don't think."

Camp, housing, facility management, thinking about the functions of this unit, and Lieutenant General Livesey's undisguised hint, Carter suddenly thought of a possibility:
"You plan to adjust the commercial facilities and supporting facilities in the camp. No, it should be said that the service provider subcontracts? Can I make the decision?"

"Of course you can't make the decision, but you can promote this process. In addition, how to explain and how to deal with the original service provider, these also need to be borne by you."

"I understand! Then I'll report to the housing management department!"

"Go, just identify the door. The office of the housing management department is in the southern district. When you go, remember to call a car!"