"Now that they've found out, something isn't appropriate, what, Allen, your prediction back then has come true, why don't you have any intention of being happy?"

Greenspan smiled bitterly, not to mention status, at his age, there are really few people who can joke about him. Paul Volcker is certainly one of them.

"Don't talk about it, old man, every time I talk about the dot-com bubble, someone will take me out and make fun of me.

As it turns out, even if the stock price collapses now, it will be higher than when I proposed the bubble. Our richest man claims that predicting the collapse of stock prices or property prices is heresy.

Because of these predictions, there is usually no time limit. The economy of the United States is cyclically upward, and if it rises more, it will fall and vice versa, if the officials must make a prediction, it is best to limit a time, otherwise it is a hooligan, because this is an accurate prediction. ”

Greenspan smiled wryly, but Paul Volcker laughed out loud. This is still the position of the Fed boss, which is simply a target, and any changes you make on it will always benefit and some people will be unlucky.

No, this wave of regulation has gone too far, and now even if the interest rate is lowered and the appropriate liquidity is lowered, the capital market has not reacted.

It doesn't matter if you cut the rate, if it goes up tomorrow, it will fall at a faster rate the day after tomorrow.

"Alan, so this is another Chicago School fan?"

"Not really, he just thinks I'm stupid, and the right interest rate is still very necessary.

Or, we're in a bit of a hurry. Well, now the Europeans are tied up with their little money, and they are also begging for change.

The slow depreciation of the euro is what the Fed is happy to see, but you almost discount it by 20%, which is too much for Nima. ”

Greenspan smiled bitterly, in this world, there is no one who is a fool. You see, William White, desperately trying to buy euros, while shouting about exchange rate manipulation. Nima, this time, the automobile manufacturers in the United States have the ambition to work together and strongly demand the depreciation of the American knife.

Like stocks, the rapid decline is actually nothing, there will not be much turnover rate in it, which means that everyone's holding cost is not low, it doesn't matter if your current stock price is low, if the above group of bastards don't want to lose money, they will either make up their positions and lower the average price, or they will 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 asset, and there will always be a day when it returns to a reasonable price.

The exchange rate is the same, if it falls slowly, it is possible to lower the market's expectations, so that no one or institution wants to hold the euro. However, once you fall too far, a different situation will appear.

People with a higher risk appetite will inevitably see this opportunity, and they will choose to wait for the time being. After all, a direct 20% discount is too much.

One of the most troublesome things, the Gallic roosters and the Germanic people, was best at manufacturing.

Especially for the Germanic people, good quality and high price are their labels.

However, now it's a 20% discount, what kind of generic do you buy, isn't it fragrant to Audi directly?

The exchange rate falls, and at the same time there is a benefit. That is, virtual investment is declining and physical investment is increasing. You originally invested in an assembly line in Europe, and the original plan was to need 100 million US dollars, but now, 80 million is enough.

As a result, there is a very strange scene, the exchange rate and the stock market are falling, and there is no rebound in sight. However, the manufacturing prosperity index is slowly rising, and this strange scissors gap is actually what Germanic people like to see.

The previous capital market was so good, it was very sad to engage in production, no matter how many products you made, no matter how good the quality was, the money you made in your pocket seemed very insignificant.

I want to say here that if there is no income from the capital market and want to compare, the money earned by these screws is actually not a lot.

But isn't it hurtful after comparison?

The result is naturally very bad, the funds that followed the trend into the NASDAQ went directly and there was no return, and those who could get back half of it were already considered lucky, and more people were directly pressed to the floor and rubbed.

It's good now, the Germanic people, who have learned their lesson, are starting to find their best channel, and they choose to ignore those things that are unrealistic.

After going around in a circle, Eagle Sauce was shocked to find that the plan to kill the European friends seemed to be wrong from the beginning. Or maybe they're too anxious, and you don't leave anyone with any money-making effect, which is too much. Now I'm dumbfounded, there's nothing to cover the position, and there's nothing to make persistent efforts. Since you can't play it, there will always be no problem to admit defeat and leave, right?

However, such a result is not what Eagle Sauce needs.

"Well, is this bottoming out, or is the Fed tightening liquidity?" to judge whether the euro has rebounded, in fact, you don't need to look at the price, seeing the sharp rise in the transaction amount, William White can easily make such a judgment.

Filson was speechless, and the email sent to you must have not been read. Well, the boss needs to rest, you shouldn't bother him when he's on vacation, if you're in a hurry to get a reply, believe it or not, I'll send you to the border.

"What, boss, I emailed you. However, there are sources claiming that Greenspan has been in contact with some bigwigs in Europe. ”

Well, William White was very surprised, it's good to have contact, it's not over to find some paparazzi to take pictures. What about the boss of the Fed, when it comes to the security level, it is not as good as William White's woman.

"Did they hide in a hole in the ground to discuss?

Basically, isn't it just those golf courses? There should be paparazzi on the sidelines, it's a camera problem. ”

Filson shook his head and smiled bitterly, I heard that it was just a small forum, God knows how there could be so many bigwigs, and when the group of reporters flocked to it, they only heard about the news they received.

"The guild has also begun to exert its strength here, and in the election year, no matter how the Fed is, it will not dare to make any moths. Recent employment data has continued to decline, and there is a lot of pressure on donkeys.

Unexpectedly, after leading for so much time, there was a problem at the last moment. It doesn't matter if the financial markets are bad, but if the job market is also underperforming, Al is really dangerous. ”

"Hahaha, hahaha, this guy is really unlucky. Silicon Valley, which can be a powerful helper, is now taking care of itself. It seems that they are not getting satisfactory financial support. ”

William White does not have any political opinions, but he has a good personal relationship with Little Bushu, which is not a secret in the United States, and many people know it.

However, most companies in Silicon Valley have no money, and this does not include William White. To paraphrase this guy's words, how can I squander so much money?