Chapter 82: Times Have Changed
He is about to become an old man, how can Pound Brooke not know the details of William at all.
In other words, if it weren't for William's enough capital to associate with his daughter, with the background of the Brooke family, how could Old Brooke allow his daughter to associate with him, an ordinary Chinese.
He is well aware of William's strength, or rather, how terrifying the capital behind William is.
But what does it matter?
Pound Brooke paused for a moment with the teacup in his hand, pondering for a long time, but still did not understand the meaning of William's words.
There's no way, when it comes to playing dumb riddles, maybe people all over the world can't compare with the Chinese.
"What do you think. ”
"If in the end it turns out that Britain can't stay in the European exchange rate system, but it pays a huge price for it, does my father think that some people will have to pay for it?"
This time, Pound Brooke understood.
Politics is an art of compromise and retreat, and if the pound is weakened and forced to withdraw from the European Exchange Rate Mechanism and spend huge sums of money, those who insist that the Kingdom of Great Britain and Ireland remain in the European Community will have to pay the price. And if he clarifies these things in advance, then everything he does will become a super chip after the results come out.
But is it possible?
There is no possibility at all.
Squeezing the teacup and smothering the tea, Pound Brooke put down the teacup in his hand and shrugged his shoulders.
"It can't be. Lamont was arrogant, but what he said wasn't unreasonable. The Bank of England has 24 billion pounds of foreign exchange reserves, can dismantle tens of billions of pounds of foreign exchange from the IMF, and, if needed, can also get Hong Kong to buy pounds in the market, and no one can devalue the pound. ”
Let Hong Kong buy pounds in the market!
William's heart suddenly crossed a trace of anger, the British are simply slaughtering Hong Kong as a sheep, if the pound bought loses money, then the final loss will not have to be borne by the Hong Kong people.
No, it's bound to lose money.
Although Britain's foreign exchange reserves are ostensibly 34 billion pounds, the Bank of England has already consumed more than 3 billion pounds when the lira was hit before, and so far, it has consumed at least 3.7 billion pounds.
And, in recent times, British capital has been in a state of outflow, and God knows how much capital has flowed out. The Bank of England can really take out as many foreign exchange reserves as they say. The size of the position on the side of Capital One has reached 12 billion US dollars, that is, 6 billion pounds, and it is not known how many positions Carmandy and Geman have, plus the sell positions held by global capital, the Bank of England is not enough to see at all.
At that time, if the pound depreciates and Hong Kong buys a loss of pounds, Hong Kong taxpayers will eventually have to pay for it.
Ma Ma Pi, damn British, damn wild boar skin.
William couldn't help but curse in his heart, but what could he do, his position was different, from the perspective of the British, this was the right thing to do, and if he was British, he would do the same.
Hiding everything in his heart, William smiled sarcastically.
"And what if it's the will of the Americans?"
“......”
There is no separation between economics and politics, and Pound Brooke was suddenly asked.
Yes, if this is the will of the Americans, can the Bank of England really stop it? No, this must be the will of the Americans, and now that the enemy of Eastern Europe has fallen, if Europe unifies its currency, it will become the biggest enemy of the dollar, and with the shrewdness of those Jews, how can they allow the European monetary unit to threaten the status of the dollar.
Bell Bell Bell –
The phone rang suddenly, William took out his phone and looked at it, said sorry to Old Brooke, walked out of the villa and pressed the call button.
"William. What's the weather like over there in London? ”
"It was a drizzling rain in the morning, but now it's gone and the air is nice. ”
"Why do I feel like you're driving?"
"Walter?"
"Oh, nothing. I just called your office and said you drove out with your assistant. ”
“BOSS。 There's something I'm going to confess to you, a big thing. ”
"What's the matter. ”
Looking around like a thief, William kept his voice to a low level with excitement on his face when he saw that no one was paying attention.
“BOSS。 I have a big plan, my cheap old man is an executive in the Bank of England, but he's a member of the Labour Party and he's been sidelined, you say, is there any chance of pushing him to the position of Governor of the Bank of England. ”
“......”
“......”
Shen Jiannan was taken aback by William's words, such a bold idea, even he had never thought of it. Influencing a country's central bank from behind is something that the United States has worked hard for hundreds of years.
couldn't help but flicker Shen Jiannan's dark eyes.
He found that he had underestimated William's courage if he was allowed to grow up......
In an instant, Shen Jiannan smiled dumbly, since William did not hide it, then he also knew that if he wanted to push Old Brooke up, he could not do without the support of First Capital. Interests are the eternal topic of human beings, and if even such a little guy can't control it, then it's better to just crash to death.
It's better to have more subordinates like this.
I quickly calculated the possibility of success in my mind, and a bolder idea jumped in my heart to try.
"William. I'm glad you've grown up, but I'm really ashamed of your self-selling behavior. Can you have a little backbone, and you will eat weak all day long. ”
“BOSS。 Haven't you heard that the upper beam is not right and the lower beam is crooked. I learned this from you. William said with a look of grievance.
Am I that kind of person?
Shen Jiannan thought about it carefully and found that he seemed to be a little bit like William said.
Could it be that I'm really a soft rice man?
“BOSS。 What do you think?"
"Have you talked to him?"
"I was testing his mind when you called. However, he does not see the possibility of a depreciation of the pound.
By the way, boss, the old guy just said inadvertently, in addition to the foreign exchange reserves announced by the Bank of England and the special borrowing of the IMF, if necessary, Hong Kong may also buy pounds in the market, will this affect our previous estimates?"
Hong Kong buys pounds?
Shen Jiannan's eyes suddenly turned cold, and some questions that he couldn't figure out before suddenly figured it out.
Since 1983, the Hong Kong dollar has been pegged from the British pound to a linked exchange rate system pegged to the US dollar, and the issuance of the Hong Kong dollar must be subject to the equivalent of US dollars according to the requirements of the Hong Kong government.
What is the concept?
In other words, the Hong Kong dollar is actually another form of currency of the US dollar, which is a US dollar exchange voucher and a token, which can also be said to be the US dollar.
But then, the Hong Kong dollar was attacked by bears.
It's ridiculous.
Having studied countless topics, Shen Jiannan can't understand why the Hong Kong dollar is being sniped, and the Hong Kong government's note-issuing banks must pay the equivalent amount of US dollars to the HKMA for every US dollar issued, and there is no over-issuance status quo, which means that if you short the Hong Kong dollar, you are actually short the US dollar.
Short selling Hong Kong dollars for US dollars means that you are using US dollars to short US dollars, how absurd it is.
At that time, Shen Jiannan couldn't figure out this problem, and he didn't understand why Yang Ma was stupid and wanted to maintain the exchange rate of the Hong Kong dollar like an idiot to buy the Hong Kong dollar, playing right hand left and right, how could she win, and use the dollar to sell the dollar short, how could she be empty.
But now, he still doesn't understand anything.
If the Hong Kong government's Hong Kong dollar is over-issued, and the HKMA cannot come up with enough US dollars to convert, it will have to buy and support Hong Kong dollars to prevent the wealth of all people in Hong Kong from being robbed.
"The traitor of the dog day, he was really sold and counted the money and still called Dad. ”
“BOSS。 What do you say?"
"It's fine. I mean, no matter what cards England has, it's a must-lose. They are still indulging in an era when central banks could decide everything, but simply do not realize that times have changed.
Finland is not in the EC, and the collapse of the mark is justified by this, but Italy and Spain are both members of the EC, and the collapse of the lira and peseta means that there is a problem with the exchange rate mechanism of the EC and that it has already caused panic in the market, and this panic, whenever there is a stir, will bring about a convergence effect. No one stands in the way of this convergence effect, not even Germany. ”
"So what do we do next? ”
"Let your father-in-law see our strength and trust him to make the right choice. ”