I’m sorry Buddha, I tripped over my lover

Chapter 0065 – Talking about the Bretton Woods System!!

Zhengxin Zhai, Chen Wenjun was drinking tea with his grandfather Chen Yangzhe.

Chen Yangzhe looked at Chen Wenjun with a surprised face and said, “Wen Jun, did you expect that the little day would be today. ”

Chen Wenjun smiled and said, “Grandpa, why do you say that the US dollar is not called the US dollar now, but the US dollar?” ”

Chen Yangzhe patted Chen Wenjun’s shoulder and said, “You kid, you still have a grandfather.” ”

“In 1944, the United Nations International Financial Conference was held in Bretton Cold, New Hampshire.”

“At the meeting, the beautiful country successfully defeated John Bull with three-quarters of the world’s gold reserves and strong military strength, which greatly strengthened the international status of the dollar.”

“This is the famous Bretton Woods system.”

“At the meeting, the essence of the gold exchange standard based on the dollar and gold is to establish an international monetary system centered on the dollar.”

“Since the US dollar is directly anchored to gold, the gold content of each US dollar is 0.8886~71 grams of gold.”

“Governments or central banks can exchange dollars for gold at official prices to beautiful countries, which is why the dollar is called the dollar.”

“In the seventies, as the beautiful country was mired in the Vietnam War, the fiscal deficit widened, and many dollar crises broke out.”

“Countries are selling dollars and using the Bretton Woods agreement to exchange gold reserves in the hands of beautiful countries.”

“Beautiful country saw the continuous loss of gold reserves in its hands and could not continue to maintain the official price of gold, so it had to give up the dollar and gold anchoring, and no longer provide the business of exchanging dollars for gold.”

“That’s why the dollar is no longer called the dollar, how, Grandpa answered correctly?”

Chen Wenjun said with a smile: “Completely correct, the premise of the Bretton Woods system must be that the beautiful country has sufficient gold reserves. ”

“This requires beautiful countries to maintain an income surplus in foreign trade transactions, which can allow a steady stream of gold to flow into beautiful countries and increase beautiful gold reserves.”

“In fact, with the rise of Xiao Ri and Hans Cat after the war, these two countries greatly occupy the foreign trade market share of beautiful countries.”

“This has led to a deficit in foreign trade transaction income in beautiful countries, and the foreign trade deficit is getting bigger and bigger.”

“Coupled with the triple whammy of the dollar crisis and the economic crisis, this is the root cause of the collapse of the Bretton Woods system.”

“After the collapse of the Bretton Woods system, the foreign trade deficit of beautiful countries is still increasing year by year, which is also the main factor in the signing of the Plaza Agreement.”

“Little days are supported by beautiful countries, originally beautiful countries are creditors of small days, but with the rapid rise of small days, the roles of the two sides have changed.”

“Xiao Ri has become the largest creditor of the beautiful country, and even the Rockefeller Building has been bought by the Mitsubishi Foundation, which makes the proud beautiful countrymen how can accept it.”

“It’s obviously my own dog, and I actually want to ride on my head to be the owner, and this is worth it.”

“The Plaza Agreement is an economic chess game under the beautiful country, in order to completely defeat the arrogance of the small life.”

“Everything is going as expected, and today’s small days have become the back garden for the beautiful NUS consortium to accumulate wealth.”

Chen Yangzhe listened to the back and said solemnly: “Wen Jun, if you say so, will Han Yan follow in the footsteps of the little day sooner or later?” ”

After hearing this, Chen Wenjun also understood that Chen Yangzhe felt quite sad about the death of the rabbit.

The status of the cold country in front of the beautiful country is not even as good as the small life.

Even the small days have been harvested mercilessly, and the cold country is nothing more than a piece of meat in the beautiful country.

As long as the beautiful country feels that it needs to replenish nutrition, it will not hesitate to wave the scythe and start the harvest.

In fact, Chen Yangzhe’s worries are not unfounded.

Just six years later, in 1997, Western countries repeated their old tactics and extended their black hands while the cold country was in economic crisis.

At that time, the foreign exchange reserves of the cold country were only a mere 3.9 billion US dollars, and the cold country government had no choice but to apply for a loan from the IMF (the International Monetary and Financial Organization, which was established at the Bretton Woods Conference in 1944 and formally established in 1945, and was listed as the world’s two major financial institutions with the World Bank, both of which were Western governments behind it) to solve the urgent need…

The IMF lent $19.5 billion to the cold country, on the condition that all the economic policies of the cold country were intervened and supervised by the IMF before the loan was repaid.

In desperation, the cold country had to choose to drink to quench its thirst, which also ushered in the disaster for the next cold country enterprises.

Western capital has severely harvested the enterprises of the cold country, as long as the scale is not spared.

It was not until 2001 that the cold country paid off the loan early and got rid of the shadow of the IMF.

However, in this life and this life, the emperor of the cold country is destined to be the IMF, and Chen Wenjun has enough ability to replace the IMF and pull the cold country out of the quagmire.

Of course, Chen Wenjun will not give love for free, after all, Chen Wenjun’s money is not blown by the wind, which is an excellent opportunity for Chen Wenjun to completely grasp the economic lifeline of the cold country.

Unlike Western capital, which leaves in a few years, Chen Wenjun is ready to control for a long time.

Chen Wenjun looked at Chen Yangzhe calmly and said, “Grandpa, we shouldn’t worry about things other than our abilities. ”

“Even if they do swing the scythe, what do you think we can change?”

Chen Yangzhe said with interest: “Forget it, don’t talk about this, my heart is a little panicked.” ”

“Wen Jun, right now Xiao Nian has encountered an unprecedented economic crisis, and this is a once-in-a-lifetime opportunity for us.”

“Grandpa plans to let you and your brother Xingjun go to Xiaori with your uncle and father’s deputy, and negotiate with several large car companies in Xiaori.”

“As long as we can successfully win an automotive technology license this time, the development of Shunyang Auto will rise in stages.”

“This is definitely a qualitative change for Shunyang.”

Chen Wenjun nodded and said, “This time is indeed the most appropriate, when does grandpa plan to let us go?” ”

Chen Yangzhe thought for a while and said: “Give you a week to prepare, your uncle and father will go first, you deal with your own affairs, and you will follow along immediately.” ”

Chen Wenjun smiled and said, “Okay, I’ll go and prepare.” ”