Chapter 0487 - Decryption 2
"After World War II, the United States made a fortune in the war, surpassing Britain to become the most powerful country in the world. Xu Jiahao then explained.
"At the same time, with the help of its strong military and economic strength, the United States made the dollar the only currency pegged to gold through the Bretton Woods system when determining the new post-war world financial order, thus completely determining the status of the dollar as the world's first currency and reserve currency!"
At the same time, Wall Street in the United States has also caught up, quickly competing with the City of London on the world financial map, and has the potential to catch up with London. ”
Therefore, after the Second World War, the United States has fully caught up with Britain in many industries such as finance, but the arrogant British have been dreaming of the spring and autumn of the empire on which the sun never sets, and they do not want to admit the first point. ”
"Especially after World War II, in order to protect the security of the exchange rate of their own currencies, countries around the world are actively storing a large amount of dollars as foreign exchange reserves, but only the arrogant British do not do this. ”
"The British thinking is that although the pound was ousted by the dollar after World War II, the pound is still the world's second largest currency and reserve currency, and only other countries reserve the pound sterling on weekdays. ”
"So their pound is their foreign exchange reserves, and they don't bother to store dollars as foreign exchange reserves at all!"
"In addition, the City of London has been the world's largest financial center so far, and they British people are still standing on the commanding heights of world finance, and they don't believe that anyone who doesn't have long eyes dares to argue with their empire!"
"However, the British eventually paid for their arrogance, they never imagined that there was such a short-sighted, and this person was also the philosopher and financial predator Soros cultivated by the British themselves!"
"In 1992, Soros began to frantically short the pound in the international foreign exchange market with a dazzling but extremely effective set of tricks, and because there was no reserve of dollars as foreign exchange reserves to deal with the attack, the pound was completely vulnerable in front of Soros. ”
"And when the British woke up and knew that something was wrong, they tried to resist Soros's attack by borrowing dollars from other countries, but the pound was already shaky at that time, and no country was willing to accept the pound and take out the United States to save the United Kingdom. ”
"So Britain finally surrendered under the attack of Soros and suffered heavy losses, and Soros became famous in the world with this war, becoming the first man in the world to defeat the empire on which the sun never sets!"
So after the 1992 pound crisis, the British decided to put aside their cheap self-esteem and change their ways, and the whole world sought to reshape the British pound exchange rate prevention and control system. ”
"And the new version of the pound exchange rate prevention and control system came into being in this context!"
"Well, that's true!" After listening to Xu Jiahao's explanation, Qiao Tianyu nodded vigorously.
What Xu Jiahao said is true, the outbreak of the pound crisis in 1992 was entirely caused by the arrogance of the British, and they also paid the worst price for their arrogance!
"And then?" Qiao Tianyu then asked.
Qiao Tianyu naturally knew the situation before the pound crisis in 1992, but after the pound crisis, what did Xu Jiahao do in the new version of the pound exchange rate prevention and control system to make the pound exchange rate prevention and control system so indestructible?
"Tianyu, let me ask you, what was your first reaction when you first saw the pound exchange rate prevention and control system?" Xu Jiahao did not directly answer Qiao Tianyu's question, but asked rhetorically.
"Do you feel that the new version of the sterling exchange rate prevention and control system is like a fictitious one, compared with the old version of the pound exchange rate prevention and control system, the new version of the prevention and control system only has about 30 billion US dollars more US dollar foreign exchange reserves. ”
"Once the $30 billion dollar foreign exchange reserves are exhausted, the new version of the pound exchange rate prevention and control system will return to the level of the old version, as long as you repeat what Soros did back then, you can completely defeat the pound exchange rate prevention and control system!"
"However, if someone rashly attacks the new version of the pound exchange rate prevention and control system, they will find that they are firmly entangled in the new version of the prevention and control system, and they will not be able to get out at all, and they will eventually be completely buried in it, right?"
"Yes, yes, that's how it feels!" Qiao Tianyu nodded vigorously after hearing this, and looked at Xu Jiahao very suspiciously.
"Jiahao, what the hell is going on, why is the new version of the pound exchange rate prevention and control system so difficult?"
"Hey, in fact, this is the biggest change in the new version of the pound exchange rate prevention and control system compared with the old version, and it is also the biggest trap!" Xu Jiahao sighed.
"As I said earlier, before the 1992 pound crisis, it was the arrogance of the British who made them pay the most terrible price. ”
After the outbreak of the pound crisis, the British people learned from the pain and realized that the most fundamental reason for the outbreak of the pound crisis was the serious shortage of US dollar foreign exchange reserves, which led to their inability to maintain the stability of the exchange rate in the international foreign exchange market. ”
So the British decided to increase the dollar's foreign exchange reserves by significantly increasing the risk of exchange rate fluctuations. ”
"However, Britain is the oldest financial empire, and while deciding to significantly increase the US dollar foreign exchange reserves, they are also keenly aware that once the US dollar foreign exchange reserves increase too much and too quickly, they can indeed guard against the attack of 'short attack'. ”
"However, because the US dollar foreign exchange reserves have increased too much, it has left a loophole for the 'long attack', and then Soros and other financial predators can still use the long to attack the pound. ”
Therefore, how to accurately find the most appropriate amount of US dollar foreign exchange reserves and weigh the relationship between short-selling and long-selling attacks became the biggest problem that plagued the Bank of England and the Rothschild family behind it. ”
That's why the Bank of England and the Rothschilds offered a big bounty to solve the problem of the most precise amount of foreign exchange reserves in the dollar. ”
"At the time, the world was helpless about this problem, and to be honest, I didn't have a clue, but in the end, the problem was solved by Lily, who pioneered a 'trip principle' and solved this world-class problem. ”
"Trip principle?" Hearing this, Qiao Tianyu was very surprised.
Isn't this "trip principle" the basic principle of how he led the 'Qiao's Four King Kongs' many years ago to reshape the world's investment risk prevention and control system?
Sure enough, it seems that Lily did use the information advantage of rebirth and took the lead in introducing the "trip principle" into the risk prevention and control system!