Rebirth of the American Tyrant
Chapter 1244: Pass the risk
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The economy has its own laws, and excessive administrative intervention is of no use except to fuel the flames. At this point, there is no reason for the guys at the Fed to be ignorant.
However, knowing is one thing, and what strategy to adopt is actually another matter.
Of course, you can only describe the current state of William White as shameless.
Yes, after so many years of noisy, mainstream economists have come to an amazing view that the Japanese government’s initiative to puncture the bubble is actually a mistake.
If it rises too much, it will fall, and if it falls too much, it will rise. This is true of the economy, and so will the stock market. Without external interference, the automatic repair of the market mechanism is much more efficient.
Regrettably, the Chicago School of Economics has suffered a heavy blow due to the Asian financial crisis. The world is changing from one extreme to another.
The most ironic thing is that Peanut, who was still clamoring that he could not interfere in the market, suddenly suffered from collective amnesia. Under the fiddle of these little hands, the United States began to embrace Keynesianism.
Raising interest rates has caused the economy to overheat. If it fails once, it will be twice. With tax increases, the rich need to take on more social responsibilities. The welfare system of the United States is actually unacceptable in developed countries.
"Fuck, it's so thrilling, it's just a miss. Lao Ke, this is the end, right?"
"Hey, it's really thrilling to play, and I don't know how to control it. If the game crashes, God knows how to end it." Lao Ke's impeachment was voted on today. Although everyone had expectations, they were also affected by this. The result was shocked.
Nima just passed the test with a small advantage. It goes without saying how unwelcome this servant is.
"Hey, did you see it just now, Lao Ke's face is blue."
William White has no interest in Jason Gao's evil taste. He always has a feeling, which may be a warning.
Well, Lao Ke, take your time, don't think that if you pass this time, you can turn your face ruthlessly. If you do it again, I hope you also have such good luck.
Jason Gao is watching for fun, and by the way, he will yell at Lao Ke's intern. William White's mood is getting heavier. More and more evidence shows that there is indeed an dishonest hand in secret.
If you examine the history of the U.S., you will find that since the Lincoln era, there has been a mysterious force that has continuously affected U.S. foreign policy.
So, sometimes knowing too much is not a good thing. For William White, it is impossible to become a marionette. He is also extremely tired of those uncontrollable forces.
However, if you know more, you will also know the need for tolerance. When the arrow is not sent, it may be a deterrent to both parties.
"Oh, Jason, let's not talk about it, this time you go to Japan, the main thing is one thing.
The U.S. Federal Reserve has strong expectations for interest rate hikes. In desperation, the U.S. credit here will fall. "
"Ahem, boss, if you need to change positions, this will be a huge loan."
"Well, don't borrow money from Xiaoyueben. You don't have to be too humble and borrow money from them. That is to give Xiaoyueben face."
"Hey hey, I know the boss, don't worry, there will be no problems."
Of course Jason Gao would not know that with NATO's eastward expansion, the Balkans, which has been declining, have begun to be chaotic as before.
Mustache said that this is European hemorrhoids. Ahem, well, this is obviously discriminatory, so it's really inappropriate.
However, the European gunpowder kegs deserve this name.
The hair is over, which broke the previous balance. If you look at Africa right now, you can see that it's all for the people. In fact, they only care about their own interests.
Looking at the somewhat depressed old Ke opposite, Al Gore was even more depressed. Nima, you have survived, and me, you have regarded me as the picker!
Nima, is this **** position contend for?
Don't think that this guy is hypocritical, but it's really not. Student Lao Ke won, even if it was an accident, it was because of this accident that he actually had very few constraints.
It's a pity that even if he succeeds in succeeding in the next time, he will not be able to fly freely.
What, Lao Ke is Lao Ke, Gore is Gore, is it necessary to compare it?
Ahem, the problem is that you have inherited the political legacy of others, and this cannot be said to be okay. Lao Ke is a rookie, but Al Gore is from his family and learning, there is no way to understand the twists and turns inside.
"Mr. President, we must have a good communication with Europe in the coming time.
To be honest, the intention this time is too obvious. If it causes a fierce backlash..." Al is not going to say, Nima, will I become an unwelcome person when my friends meet next time.
So, this fellow is still a gentleman. You see, it's all like that, isn't it still the same as before.
Who am I afraid of a rogue? If you don't have such a mentality, at most you will be a senior staff member. Being able to climb to that position is only a necessary skill.
"Oh, I know Al, so I can only communicate as much as possible.
By the way, Greenspan told me yesterday that it is necessary to raise interest rates and that a large amount of money has poured into the United States. If it cannot be guided in time, it will be a catastrophic bubble. "
"Huh, this bastard, he said that there was a bubble many years ago. If you don't want inflation, you should control currency circulation.
With this kind of gameplay, apart from a substantial increase in the national debt, I can't think of any other means. "
Otherwise, Al Gore clarified the problem with just a few words. The next time is a serious fiscal deficit.
You see, the Star Wars plan requires money, and the medical reform they have made here also requires money. These two invisible and low pits have no idea how to fill them.
However, it is useless to understand, and the rolling wheels can no longer stop. Any force that tries to stop will be easily crushed into slag.
"Al, the high deficit seems to be irreparable.
What do you think if taxes are imposed on the wealthy? "
Al Gore rolled his eyes wildly, he wanted to scold his mother now. Nima, can you stop thinking about it? Do you know that any attempt to increase the tax revenue of the rich is heresy in this country?
Since the Mayflower issue, this is the most basic value of the United States. The so-called dish cooking requires retreat.
You bastard, a group of us, are looking for the New World to avoid John Bull's excessive taxes. So from the beginning, the government's powers and responsibilities were limited.
Why do you think this is?
Is it cooked?
It is ridiculous that the rich do not want to pay more taxes, so they naturally need to restrict their rights. This incident is at the end, isn't it just a fight against each other?
If the farmer in the south is willing to pay taxes, Lincoln would not be stupid. In war, don't you need to die in war.
"Bill, this is not a good idea. Capital gains tax, this is simply not touchable.
As for other things, it will restrict consumption. For the rich to buy less a luxury yacht, it may not be a big deal to them.
Because they do not sell luxury goods, there is nowhere to make up for the tax we lost. "
He must correct Lao Ke's whimsy. Well, you are almost a lame duck, can you please stop making trouble for me.
Well, it may not be me. Isn't this a great opportunity?
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