Chapter 398 It's not money that's dirty
Seeing Buffett also walk into this restaurant, William White couldn't help but be a little curious. This guy, this is a high-end Italian restaurant, what are you doing here, you miser, or if you have a problem with a meal, just treat it as if this is the lunch at auction.
"Warren, here. William White raised his glass and invited the old fellow to talk.
"Let's talk Warren, let's talk about it first, the Italian restaurant has pizza, but not burgers. Especially the kind that can be used with vouchers. ”
Regarding William White's ridicule, Buffett also didn't care. To their point, it's definitely better to greet guests with a burger than with caviar. Those who eat hamburgers together, that is close to the identity, as for the luxury restaurant Shenma, who can still lack a bite to eat.
"It's okay, I originally made an appointment with Alan to eat a hamburger, but you were very angry. I said, can't you respect the old man? "The old guy didn't care about William White's unreasonableness.
"Hehe, he's a lot worse than Paul Walker.
The interest rate was so outrageous before, but now it's good, inflation is down, but the economy is finished again.
And then, then rate cuts?" "But as an investor, no one likes interest rates that are constantly changing. It's not that you can't move, but ah, don't toss around all day.
Nima, the meager profits of the company, are eaten up by the high interest rates. Now that you're financially out of business, you're going to stimulate again.
This creates a paradox in which companies don't like high interest rates, but banks don't, especially banks with exceptionally high capital adequacy ratios, such as White Bank.
Of course, Xiao Yueben's chaebol is also very happy. They don't care whether the company will go bankrupt or not, as long as they take the money from the capital to the country, they can make a lot of money when they turn around.
Buffett is a little confused, Greenspan doesn't seem to have offended this guy, what the hell are you doing with a gun and a stick!
It's actually easy to say, Paul Volcker is eradicating the scourge of high inflation, and if it weren't for his persistence, the current American knife would have been scrapped long ago.
But Greenspan is different, this guy is more like a politician, completely departing from the insistence of a scholar.
What is inflation?
It is a plunder of all strata of society, and if it comes to the United States, it is a plunder of the whole world.
Don't believe me?
Most of the world's industrial products are valued with U.S. Knife. And the pricing power of these things is on Wall Street.
So, is it the rich who hate inflation more, or the poor who hate it more?
William White raised his chin slightly, signaling Buffett to look out the window. Although the number of people is not very large, these slightly embarrassed guys are the biggest victims of this Internet bubble.
"William, people always have to oppose something, or politicians, or policies. As a participant, there is really nothing to complain about. ”
"That's not the case, you know, our middle class is shrinking rapidly.
What you see now, yesterday you may have had a decent job, and now, in the blink of an eye, you have no people, no income, no job, no assets. Once the number of these people reaches a critical point, the whole society loses its value system.
Warren, Citi must be punished, otherwise, we are encouraging this stealing. ”
"Sure enough, you're not going to go in the afternoon. ”
"Hehe, Greenspan just informed me. Now that it's all been discussed, why bother posturing?
You see, I reserved my opinion, and my plenipotentiary Fillson, who could not bear the pressure and was forced to agree,
How's that going, that's a good result, isn't it?"
"Shameless. ”
"Hahaha, hahaha, only the shameless have a pass to wealth, and the noble, they don't even have an epitaph.
You know, we're talking about trillions of dollars in losses. The growing number of homeless people on the street is the most direct victim.
Hehe, they don't even know the correct spelling of CDO, and they actually bought such a high-risk financial product. William White looked at Buffett with blazing eyes, and he wanted to see if the old guy would have some guilt.
It's a pity that the old guy is very calm. Don't say anything guilty, there is more contempt and disdain in his eyes.
"William, how can you have such a strange idea?
From the day it was born, capital was destined for its identity.
Yes, it was never noble. God knows what would have happened if there was no law to bind it. You know, right where the group was walking, there was a tragic explosion. ”
Warren Buffett said it very bluntly, and it's much better now. Instead of expecting that Wall Street is not cheating, you should fantasize that cats don't eat fish. Now it's just deception, and once it was the plunder of the red fruit.
Of course, William White said this, and the meaning of the pretense is obvious.
If you have to say anything noble and shameless, the most shameless one will definitely be him William White. Nima, you are pretending to be a god into the play, and you actually started to play directly.
Buffett is very depressed, and the reason why he came is, of course, to be a lobbyist. He told Greenspan before Laibi that there is no need at all, William White is a very sober person, if there is a recession in the economy of the United States, there are so many of us here, and the biggest loss is him William White.
If so, why bother to explain something?
What's wrong with derivatives, don't those car loans of yours turn into bonds?
Bastard, you have the largest number of Teslas, and you have the largest proportion of White Bank, and now there are five people and six people talking about risk control, I just want to ask, how did you do it
There doesn't seem to be any hint that your group of fund managers are directly promoting this thing as savings. This means that there is no accident, and if there is a large-scale default, I don't know if you will be so reasonable.
However, the victor is the prince and the loser is the thief. Now you, William White, are the winners, and no financial institution has as much money as you.
The market is dynamistic and lending is stagnant. Even if the Fed comes up with funds, it will not solve this thorny problem.
Is the market short of money?
How is it possible, the price of 3G licenses is skyrocketing. How can this be the case if there is really no money. The United States is like a big magnet, attracting funds from all over the world, as long as there is a money-making effect, the money will come by itself.
Confidence. William White smiled wryly, now he has the confidence of wool, even within his company, they tend to invest conservatively. If he hadn't opened the plug-in, with his current two hits, it is estimated that he would have finished his calf long ago.
Well, be conservative at all. It's okay to make a mistake, as long as it's not too outrageous, he's acceptable.
As for doing so for Mao?
It's just a matter of getting the neighborhood into trouble, so that you bastards keep an eye on me, hmph, see if you die!