Chapter 634 - Tropism
"The point..."Li Yiming turned his pen lightly, "The point should be how many points the dollar will adjust!"
"Heh......" Li Guobao almost flashed his waist and glanced at Li Fuzhao, "How many points will the dollar be adjusted......
"In my opinion, it is more likely that the dollar will depreciate by another 23 percent in the medium term......," Mr. Li said.
Li Guobao also nodded slightly: "The range within three years." ”
Li Yiming nodded lightly, pinched his chin and thought about it again, the depreciation of two or three percent, does Li Fuzhao's words represent the industry's cognition?
At this moment, Li Guobao is a banker, and Li Fuzhao is a stock market opener,......
In fact, in the Plaza Accord, the dollar depreciated by five percent against the British pound, the German mark and the franc.
Looking at Li Yiming's "serious" thinking, Li Fuzhao coughed lightly:
"The currency still reflects the economic fundamentals, and this exchange adjustment is also a double-edged sword, and the range of two or three I am talking about can enhance the international competitiveness of their domestic products,......
At the same time, it will not depreciate their overseas assets too much, after all, the amount of investment of American companies abroad is very large...... And their foreign debts! They also have to take into account the opinions of creditors. ”
"Like a listed company?" Li Yiming asked, looking at Li Fuzhao.
"Huh?"
"I mean, the United States is like a listed company, right?" Li Yiming asked, looking at Li Fuzhao.
"Well, yes, it's about the same," Li Fuzhao raised his eyes and thought about it, "Treat paper money as a stock......
"I remember that there was a fake stock in Xiangjiang?"
Li Fuzhao nodded, and sighed: "It is true, but it is not in the Far East Society." ”
Li Yiming thought thoughtfully: "It seems that the Americans have been printing more money, and every time they depreciate, they make some adjustments to the extra money printed in the early stage, as if they are making up for the shortfall!"
"That's how to describe it.....," Li Fuzhao couldn't help laughing, "Yiming! They have a record of currency issuance, and they can't just print more." ”
"Is there any principle for how much money to print?" Li Yiming looked at the two of them.
"After the Bretton Woods agreement, it was printed according to the amount of gold reserves, $35 an ounce of gold, and then Nixon canceled the agreement, and the dollar was measured according to the gross domestic product...... "Li Guobao said softly.
“GDP?”
"Yes, in economics, production has to be paid, and the amount of remuneration added up by all links should theoretically be the demand for money,......"
"This is actually theoretical, in fact, you can print as much as you want, anyway, there are people everywhere who want dollars," Li Yiming took the pen and lightly tapped the table, "I heard a joke about GDP." ”
"What joke?"
"Two economists were walking down the road and saw a pile of shit, and one said, if you eat it, I'll give you a million dollars. The second person thought about it and really went to eat, and the first person also really wrote a check to him, a million dollars......"
"And then?"
"Both of them are unwilling, one because they spent a million, and the other because they ate. Then I walked a few steps and saw another piece of shit, and this time the previous economist who ate shit said to the previous one, if you eat it this time, I'll give you a million dollars. Then the former one ate it and got his check back. Here comes the question,......"
Li Fuzhao laughed dryly twice, he understood, but he was really not happy, he had studied for decades and his profession was ridiculed like this, who would be happy to hear it?
Li Yiming didn't laugh: "They ate two pieces of shit and created a GDP of two million US dollars, and it is good to use checks, but if they use banknotes, there will be an extra two million US dollars in the market, right?"
“......”
"The concept of gross national product is very illusory in the first place, and some social production is simply ...... Printing money according to this will definitely print a lot more. Therefore, the dollar will definitely depreciate, and the magnitude cannot be only 2 or 3 percent, and long-term claims do not need to be considered, because the repayment period has not yet arrived, and the competitiveness of certain important industries in emerging markets must be mainly considered......
"What do you mean?" asked Li Fuzhao with an eyebrow.
"It means that it depends on the price of commodities put in international trade by the United States, for example, what is the difference between the price of Caterpillar excavators and Komatsu's excavators?" Li Yiming pointed out the window, "The Chinese market!
This angle is really difficult for ordinary people to think of! Li Guobao and Li Fuzhao exchanged a few glances.
"I'm going to get some information. Li Guobao picked up the phone to find someone.
"Yiming, what did you just say about some social production...... Li Fuzhao asked.
"Social production is the same as force, there is directionality," Li Yiming looked at him, "You should have all studied physics, force has a direction,...... Our social production also has a direction, do you know what the right direction should be?"
Li Guobao put down the phone and looked at Li Yiming, still with those bright eyes.
Li Fuzhao's heart suddenly warmed: "The country is rich and the people are strong?"
Li Yiming smiled and nodded: "That's right!"
He leaned back in his chair slightly, as if talking to himself, and as if to the two of them: "Time is not waiting for me!"
…...
"Old Zhou!" Lu Ping squeezed Zhou Zheng's hand and shook it vigorously, "Then let's do it first!"
"Okay!" Zhou Zheng nodded, turned his head and shouted, "Scheme!"
Lin Youmou took the newspaper and quickly stood up: "Here!"
Zhou Zheng's eyes swept away, and this guy was still holding a pen in his hand.
Lin Youmou took a few steps forward, and seemed to have something to say.
"How?"
"Chief, ...... here" Lin Youmou handed over the newspaper, which was a copy of the "China Youth Daily" that had just been published.
Zhou Zheng picked up the newspaper, looked at Lin Youmou's fingers, and sighed lightly.
Here's a pictorial article titled "Prize Call: How to Design the Most Scientific Seats in Train Carriages":
Pictured: The standard carriage of Type 22 passenger cars used on Chinese railways
Body length: 23600mm
Body width: 3106mm
Roof height from the rail surface: 4283mm
The capacity is 118 people
Q: How to design the seats in the car can achieve the following three purposes
1. As many crew members as possible
2. Comfortable ride
3. Easy access
…...
Lu Ping stretched out his head and looked at it: "China Youth Daily, today, I don't have the heart to read the newspaper today." ”
Zhou Zheng half-opened his mouth, isn't this the question that Li Yiming sent in Hangzhou last week?
Lu Ping said with a smile: "The style of China Youth Daily is bold, and even the prize can be published in the newspaper, but this question is a bit interesting...... Our current capacity is really too tense! Ten yuan will be awarded for this answer, and a thousand yuan will be awarded for answering this question well, and a grand prize certificate will be issued!"
Zhou Zheng exhaled lightly and looked at Lu Ping: "This... Question, that kid came out!"
"What?" Lupin instantly raised his voice, and immediately lowered it again, "Then he also paid for this money?"
Zhou Zheng looked at Lu Ping: Is this money the point?
…...
Li Yiming held his cheeks, a little distracted.
At present, the industrial economy of the United States is very weak, and the scale of foreign trade is so large that it should have a large amount of dollars in hand, so if the dollar is to be devalued,...... It's the equivalent of cutting meat on them!
Of course, the most in his hands must be Yue Yuan, so they want to make up for it directly through the appreciation exchange rate in this area,...... Of course, it will affect exports, but by now, they should have started to invest globally, and such losses are completely bearable.
He now has the exchange rate information provided by East Asia, the average yen against the dollar in January this year was 254.78, the beginning of February was 259, and then it began to rise, reaching 250.70 in March, with a slight fluctuation around the 250 line in the middle, and today it is 248.
Some of the data he extracted from it showed that the yuan had two major phases of rise against the dollar:
One was about 2 percent from February this year to before the Plaza Accord, and then doubled by November 1988, and the other was 89 percent from April 1990 to April 1995.
This year's data is consistent with the data, so it depends on whether their next behavior of absorbing Yue Yuan will have an impact on this square agreement.
He now concludes that there may be an impact, but it is unlikely to change the long-term trend of the yen's appreciation!
However, the appreciation has risen slowly and sharply, and the redistribution of wealth brought about by this is also different.
If the price of a thing skyrockets, there must be a force to push it, and where does this force come from?
American consortium?
This consortium?
Resultant force?
Genius one second to remember the address of this site:. Mobile version reading URL: m.