.Rebirth of 1990's official fortune   Volume 3  Storm and Clouds  Chapter 155  The end of an era of US dollar depreciation  

Chapter 155 "Then do you mean. Do you have any choice in China?" Kong Li approached Zhang Yan again. Her delicate face looked extremely tender in the sun. Zhang Yan hurriedly took a sip of water to hide his bad intentions.

"Kong Li, retreat..." Zhang Yan hesitated and said it was not as firm as before.

"Why? We are discussing work. We are not doing anything else. We are upright and we are not afraid of being slanted. Boss, are you right?" Kong Li approached Zhang Yan again with a righteous and righteous expression. He had never been so close in the past. He seemed to be afraid of Zhang Yan eating it. Today, he didn't know why he had such great courage to lean over. It was like a beautiful goat that took the initiative to visit Wolf Castle.

Zhang Yan complained in his heart. It would be nonsense to say that he could not be moved when facing such a delicate girl. If he were to do other occasions, he would just use the trick. But now there is Liu Yueru under his desk. This woman looks weak and she is not angry anymore. She can speak at this time and she will be beaten a few times on her thighs.

It seems that when the fish and bear paws come out at the same time, I can only choose one of them. It is impossible to want to **. After understanding this principle, Zhang Yan said sadly: "Little fox. I feel a little uncomfortable today. Let's talk about these things another day. You can first investigate the reactions of all parties to the United States."

"I feel uncomfortable. I'll help you see where you are not convinced?" Kong Li not only did not leave, but walked directly to Zhang Yan and looked at Zhang Yan across the table. A pair of white, tender and delicate hands reached over enthusiastically. It seemed that she was going to do a full-body examination for Zhang Yan. The little girl didn't know what was wrong today. She couldn't even drive her away.

"Okay. Stand here and don't talk nonsense. This is the situation in the United States now. When the housing prices rise from 1 yuan to 0 yuan, I borrowed 150 yuan to buy a house and fell 100 yuan. I went bankrupt. I have two ways. One is to give 100 yuan to the owner. There are 50 yuan left as the loss he bears. I have no point.

Another method is inflation. Turn income from 100 yuan to block. Then, pay back the money. The creditor also took 150 yuan with fifty yuan. Do you think this is a good way to deal with it? "

Kong Li shook her head: "What. It's good at all. 150 yuan has become 75 yuan. In the first choice, the creditor lost 50 yuan. In the second choice, the creditor lost 75 yuan.

A very clear child is a little confused about looking at the eyes. Zhang Yan is a little regretful. It is a problem for girls to be serious. It is better to explain clearly and send someone away as soon as possible: "What you said is more complicated about the actual situation.

The US economy is now in a vicious cycle because it is financial institutions that owe money. Financial institutions do not borrow money after owing debts, which leads to worse economic losses and thus worse housing prices.

Therefore, if the United States wants to do it, it must break this vicious cycle. In the end, the Federal Reserve will choose one of two plans. One goes bankrupt and the other is completely inflated. Foreigners in the United States are the main creditors. Foreigners have more than 100,000 US assets. Therefore, inflation is beneficial to the United States.

So we saw that. Finally, the Fed chose the second method. Foreign investors will bear the losses. Do you understand now?"

"I understand." Kong Li blinked his eyes, looking innocent and curious.

"Then let's do your business." Zhang Yan quickly drove away the girl. Her legs were already numb. When she remembered, Zhang Yan felt wronged. Didn't she just dodge her waist? Why did she end up hurting her thighs?

"Well, I'll leave." Kong Li said that he would go without any trouble. When he walked to the door, he suddenly turned around and stuck out his tongue at Zhang Yan playfully: "Boss, are you very stuffy under the table? Will the eldest sister be very stuffy?" After saying that, he made a face and ran away!

*** was fooled. Zhang Yan was furious. He grabbed Yueru under the table and said, "Don't pinch it. I'm going to deal with you well today!" The person who caused the trouble was why Kong was punished. Zhang Yan's punishment was really wonderful! But even more wonderful, Liu Yueru, as the victim, did not object. He hugged Zhang Yan obediently and raised her charmingly, ready to face the storm.

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～-～～-～～-～～-～～-～～-～～-～～～～～-～～-～～-～～-～～-～～-～～-～～-～～-～～-～～-～～-～～～～-～～-～～-～～-～～-～～-～～-～～-～～-～～-～～-～～～～～-～～-～～-～～-～～-～～-

But Kong Li didn't want to do it for a long time. That day, Kong Li was called to the office by Zhang Yan: "Kong Li. How is the investigation?"

Looking at Zhang Yan's slightly ferocious face, Kong Li was a little panicked. Nuo moved his body uneasy and said with a smile: "Of course, the boss's affairs are done. I have always been very obedient."

Be obedient. If you really listen, there would be no morning events. Zhang Yan burst into anger and continued, "Just walk a little and think it's as close as the morning."

Kong Li's head was shaking like a rattle: "No. He is a little girl. He can't be too far away from a man."

"Who said that? I'm not afraid of the shadow slanting. It seems that a few hours have passed." Zhang Yan was both angry and funny. This little girl was too fickle. She turned around and refused to admit her account.

"I'm not very upright. Brother, please let me." Kong Li shook her head and made it to the far end of the sofa. She said pitifully: "Brother, don't force me to swallow it like this. If you force me step by step, I'll marry you."

Zhang Yan took a breath of air conditioning. He was so brave that he didn't even have a door in his mouth. He didn't know what he would think when he heard it. He should bring the topic to the main business as soon as possible.

"Okay. I've said these crooked things. How are the reactions of various countries?"

"It's very intense. Several European powers have begun to plan to replace the US dollar with the euro. Did the United States shoot itself in the foot this time?"

"That must be true?" Yan Xin sighed. The Federal Reserve's intention was not like this from the beginning. It was a step by step to force people!

Because financial institutions are not healthy and the economy cannot be improved, the Federal Reserve needs to continue to do actions to stimulate the economy. In order for financial institutions to improve, the Federal Reserve must ultimately stabilize the price of the production; to stabilize the price of the production, the interest on the mortgage must be lowered; after the mortgage interest rate is lowered, others are unwilling to borrow money. Then the Federal Reserve robs it itself and prints money to lend it to the person who wants a mortgage. In this way, inflation will gradually cause inflation. This inflation is equivalent to asking foreigners to bear the losses.

However, the evil thing about doing this is that the US dollar loses its credit and will change from the strongest currency to a relatively strong currency. The euro and yen will share this position with the US dollar. The RMB will also become a beneficiary. It will become a regional currency in Asia and it will not be ruled out to become a world currency.

When the crisis first broke out, the Federal Reserve wanted to lower interest rates so that financial institutions could stand up and achieve a buffering effect. Some very bad opportunities, such as Bear Stearns, were acquired by Morgan Stanley. The United States also subsidized Morgan Chase for 20 to 30 billion yuan. If Bear Stearns' asset quality is worse than expected, the US Reserves helped JPMorgan Chase bear a certain burden. In other words, it was hiding behind to save the market.

But this crisis was too serious. So after arriving at Aig, another Lehman fell. These companies were like dominoes. No matter how capable the Fed had, it could not take over these companies at the same time. Only by letting them go bankrupt, it could be considered a loss of the car to protect the coach.

However, as soon as Lehman fell, the cost of borrowing money from all investment banks increased significantly. Because everyone saw the risks of investment banks, the problem is now big.

Because investment banks originally used a pole to magnify one dollar by 3 times. 29 of the 30 yuan were borrowed. If the assets cannot be borrowed here, they will be sold. After selling, they will cause a sharp drop in these assets. According to market prices, the speed of bankruptcy of this institution is faster?

Later, I faced such a big problem. What should I do? The Federal Reserve has never thought of a way. Then it was like this. The market was unwilling to lend it to me. I borrowed it. This trick stabilized the financial institutions a little more. But after it stabilized, the problem arose. The money was used to pay off the debt. Although the debt was almost paid, the money could no longer be taken out. This money was only enough to do such a little thing. If it drags on like this, the US economy will not continue to deteriorate, but it will not improve. It is very difficult to move into a very long recession period. This is what the US really fears.
Chapter completed!