Rebirth of the American Tyrant
Chapter 1384: No one is a fool
"Since they found out, some things are not appropriate. Why, Ellen, your pre-judgment back then has come true. Why don't you mean anything to be happy?"
Greenspan smiled bitterly, not to mention his status. At his age, there are really few people who can make fun of him. Paul Walker is certainly one of them.
"Old man, don't talk about it. Every time it comes to the Internet bubble, someone will pick me up and tease me.
Facts have proved that even if the current stock price collapses, it is higher than when I proposed the bubble. Our richest man claimed that predicting the collapse of stock prices or property prices is simply heresy.
Because of these forecasts, there is usually no time limit. The U.S. economy is cyclically upward, and if it rises too much, it will fall and vice versa. If officials must predict, it is best to set a time limit, otherwise it is a hooliganism, because this is bound to be an accurate forecast. "
After Greenspan finished speaking bitterly, Paul Walker laughed out loud. This **** Fed boss position is basically a target. Any changes you make on it will always benefit someone and some will be unlucky.
No, this wave of regulation is a bit overdone. Now, even if interest rates are lowered to appropriate liquidity, the capital market has not responded.
It doesn't matter if you cut interest rates. If you raise it tomorrow, it will fall at a faster rate the day after tomorrow.
"Allen, so to speak, is this a Chicago school fan again?"
"Not at all, he just thinks I am stupid, and appropriate interest rates are still very necessary.
Or, we were a little hastily. It's all right now. Europeans' small money is trapped, and they are also seeking change. "
The slow depreciation of the euro is something the Fed is happy to see, but you almost get a 20% discount directly, which is too much.
Greenspan smiled bitterly. In this world, no one is a fool. You see, William White is the guy who is desperately buying euros while yelling about exchange rate manipulation. Nima, this time, U.S. automobile manufacturers are aspiring to join forces and strongly demand the devaluation of the US dollar.
Just like stocks, it’s really nothing to go down quickly. There won’t be a lot of turnover. This means that everyone’s holding costs are not low. It doesn’t matter if your current stock price is low. If the **** above don’t want to lose money, Either cover up the position and lower the average price, or hesitate to sell and wait for a miracle.
Anyway, if there is no systemic risk, you are not in a hurry to use this part of the assets, there will always be a day when a reasonable price will return.
In fact, the exchange rate is the same. If it falls slowly, it may lower market expectations. As a result, no one or institution is willing to hold the euro. However, once you fall too far, another situation will appear.
People with a higher risk appetite will inevitably see this opportunity. They originally considered investing in U.S. capital, but will temporarily choose to wait. After all, a direct 20% discount is too much.
The most troublesome thing, Gaul roosters and Germans, are best at manufacturing.
Especially Germans, good quality and high price are their labels.
But, now it’s 20% off. What kind of GM do you buy? Isn’t it good for Audi directly?
The decline in the exchange rate also brings a benefit. That is the decline in virtual investment and the increase in physical investment. You originally invested in an assembly line in Europe. The original plan required a hundred million dollars. Now that it is good, 80 million is enough.
As a result, a very strange scene appeared, the exchange rate and the stock market were falling, and there was no sign of a rebound. However, the manufacturing boom index is slowly rising. This kind of weird scissors gap is actually a favorite among Germans.
The previous capital market was really good, and those who engaged in production were very sad. No matter how many products you make, no matter how good the quality is, the money you make in your pocket seems very insignificant.
I want to say here that there is no need to worry about scarcity and unevenness. If there is no capital market income to compare, the money earned by **** screws is actually not a lot.
But ah, wouldn't it hurt after comparison?
The result was naturally very bad. The funds that entered the Nasdaq following the trend have gone without any return. It is fortunate to be able to get half of it back. More people are directly rubbed on the floor.
It's fine now. The Germans who have received the lesson began to find the channels they are good at. They chose to ignore the unrealistic things.
After walking around, Ying Jiang was shocked to find that the plan to smash his European friends seemed to be wrong from the beginning. Or they are too anxious, and you don't leave any money-making effect to others, which is too much. I'm dumbfounded now, there is nothing to cover up, and there is nothing to keep up. Since you can't play, there is always no problem with admitting defeat and leaving, right?
But ah, such a result is not what Eagle Sauce needs.
"Well, is this bottoming out, or is the U.S. Federal Reserve tightening liquidity?" To judge whether the euro is rebounding, you don't actually need to look at the price. Seeing the sharp increase in the transaction amount, William White can easily make this judgment. .
Philson was speechless. The e-mail sent to you must have been ignored. Okay, the boss needs a rest. You shouldn't be bothered when he is on vacation. If you are in a hurry for any reply, believe it or not, just send you to the border.
"Well, boss, I emailed you. However, some sources claim that Greenspan had contact with some big guys in Europe."
Um, William White was shocked. It's fine if you have contact. It's not enough to find some paparazzi to take pictures. What about the boss of the M Fed? When it comes to security levels, they are not as good as William White's woman.
"Did they go to the cave to discuss it?
In general, isn't it just those golf courses? There should be a permanent paparazzi, this is a camera problem. "
Philson shook his head and smiled bitterly. He heard that it was only a small forum. God knows how there are so many bigwigs. When the group of reporters flocked in, the news they got was only heard.
"The Association has also begun to exert its strength here. In the election year, no matter how the Federal Reserve Bank of China does not dare to come up with anything. The recent employment data has continued to decline, and the pressure on the donkey is great.
Unexpectedly, after leading so much time, something went wrong at the last minute. Even if the financial market is not good, if the job market is not performing well, Al is really in danger. "
"Hahaha, hahaha, this guy is really unlucky. It can become a powerful Silicon Valley, and now it's overwhelming. It seems that they have not received satisfactory financial support."
William White does not have any political opinions, but he and Bush have a good personal relationship. This is not a secret in the United States, and many people know it.
But ah, most companies in Silicon Valley have no money, but this does not include William White. To paraphrase this man, how can I spend so much money?
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