Chapter 435: The Prelude to the Rapid Appreciation of the Yen
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"Xiao Li's flying knife is a perfect sound, and Chu Liuxiang is not seen in the world. Pen Fun Pavilion www.biquge.info"
At 18:06 p.m. on September 21, 1985, Gu Long, a 48-year-old martial arts master, passed away. Walking so quickly, so pitiful, so chic, so open, without any burden, and without any remembrance of the world.
The news of Gu Long's death soon spread through newspapers, radio, and television throughout Taiwan and overseas. The major newspapers in Taiwan, Hong Kong and Macao all published the bad news of Gu Long in a prominent position.
Knowing that Gu Long was gone, Xu Cun was also embarrassed! Xu Cun even moved the idea of writing an elegy for Gu Long in person.
It's a pity -
Xu Cun, who is only a shallow learner, lifted his pen several times, but finally failed to come up with a couplet worthy of Gu Long.
Later, Xu Cun called Zhou Liang Shuyi and asked Phoenix Channel to turn all today's programs into black and white broadcasts to show his condolences to Gu Long.
On the second day of Gu Longxian's death, the United States, Britain, France, the former Federal Republic of Germany, and Japan began to jointly intervene in the foreign exchange market, and each country began to sell the dollar, which then formed a selling frenzy of market investors, which in turn led to the continuous sharp depreciation of the dollar.
It is said that at the Plaza meeting, Japanese Finance Minister Noboru Takeshita said that Japan is willing to assist the United States in suppressing the dollar exchange rate by means of market intervention, and even said that "it is OK to depreciate by 20 percent."
After that, the US government authorities, led by US Treasury Secretary James Baker, and experts represented by Fred Bergsten (then director of the US Institute for International Economics) repeatedly verbally intervened in the dollar, saying that the level of the dollar exchange rate at that time was still high and there was room for decline. Hinted at the hawkish attitude of the US government, the dollar continued to fall sharply against the yen. The Plaza Accord kicked off a sharp appreciation of the yen.
Xu Cun was greatly relieved that the Plaza Accord was held as scheduled, and that changes in the currency market had previously been feared that the Plaza Accord would not happen or would not happen because of his aggressive purchase of yen. Thankfully, the Plaza Protocol finally happened as scheduled!
Actually,
Xu Cun is also blindly worried.
In the last life, there was an unconfirmed claim that it was not US Treasury Secretary James Baker who initiated the meeting, but the then Tibetan Minister (Finance Minister) Noboru Takeshita (who also served as Prime Minister of Japan from 1987 to 1989), and that US Treasury Secretary James Baker simply chose a specific venue for the meeting. In 1995, the Economist, an influential economic journal in Japan, published a report in which Noboru Takeshita himself admitted the above claim.
One proof of Noboru Takeshita's initiative in the preparations for the Plaza Conference is the time of the meeting - September 22, 1985. It is a common practice for governments to choose a Sunday to announce major news, as financial markets are closed, giving the market plenty of time to react. September 23 is the autumn equinox, which is a public holiday in Japan, while Europe and the United States do not have a holiday. According to Tomomitsu Oba, the finance minister of the Japanese Ministry of Finance at the time, who attended the Plaza Conference, Pell, the governor of the Central Bank of West Germany, who attended the meeting on behalf of West Germany, thought that Japan was the first country to face the market after the "Plaza Accord" because the Tokyo foreign exchange market was in the easternmost time zone. It was later learned that the next day was a public holiday in Japan, and West Germany became the first market to open. Pell's face was full of displeasure, believing that he had fallen into a trap planted in advance by the Japanese.
Even if Noboru Takeshita did not take the initiative to convene the Plaza Meeting, he was one of the most high-profile at the meeting. One detail is that among the G5 countries with various countries, the media specifically referred to the United States and Japan as G2. There were too many hiccups around Noboru Takeshita before and after the Plaza meeting. For example, in order to maintain confidentiality before the meeting, Noboru Takeshita made an appointment to play at a golf course near Narita Airport before going to the United States, and then went straight to the airport with a false shot and got on the plane wearing a golf suit. The governor of the Bank of Japan, who was on the same plane, wore a large mask to prevent him from being recognized by the media. At a press conference after the agreement was announced, a reporter asked, "Why does Japan tolerate the yen?" and Noboru Takeshita replied, "Because my name is 'Nobori'." ("Noboru" and "sheng" are the same sound in Japanese).
As Japan's finance minister and Japan's prime minister two years later, how could Noboru Takeshita allow the yen to appreciate by a large margin for no reason? In fact, the sharp appreciation of the yen has provided a good opportunity for Japanese enterprises to go global and expand overseas, and has also promoted Japan's industrial restructuring, which is ultimately conducive to the healthy development of Japan's economy. Therefore, Noboru Takeshita and the Japanese government vigorously promoted the Plaza Agreement.
The orderly downward adjustment of the dollar against major currencies can solve the huge trade deficit of the United States, so the US Treasury Secretary James Baker and the US government are also vigorously promoting the Plaza Accord.
How can the two most important countries not sign the Plaza Accord?
After paying attention to the currency market for more than ten days, Xu Cun turned his attention to the filming of "The Matrix".
In the end, Xu Cun selected the cast list of the first part of "The Matrix" as follows:
Li Guohao as Neo
Yang Ziqiong as Trinity
Zhou Yanfa as Morpheus
Hugo Weaving as Agent Smith
Will Smith as Tank
Whoopi Goldberg as the Prophet
Oh Jin-woo as Seifer
Except for Agent Brown, the rest of the agents and crew members are black and white - in order to take care of the emotions of the Japanese audience, Xu Cun deliberately let Kurata Yasuaki play Agent Brown, and is ready to add some extra action scenes to Sota.
The reason why Xu Cun cares so much about Kurata is not only because he has to take care of the emotions of the Japanese audience, but also because he has the face of Yugari Oshima - after all, Yusaaki Kurata is Yugari Oshima's master, and Yugari Oshima gave birth to a son to Xu Cun not long ago.
Hugo Weaving is the actor who played Agent Smith in the original "The Matrix".
Will Smith isn't an actor yet, and he's not the guy who almost made an Oscar twice — he's just a rapper.
Whoopi Goldberg is the black actress who played the medium-Otta in "The Ghost Is Not Gone."
In order to prevent the sequel to "The Matrix" from changing actors, Xu Cun asked Jeffrey to sign an agreement with Hugo Weaving, Will Smith, and Whoopi Goldberg that they must participate in the sequel to "The Matrix", and set a maximum limit of liquidated damages.
In addition, in order to prevent "The Matrix" from becoming sour, Xu Cun also deliberately brought the Wachowski brothers, who are now doing carpentry, drawing comics, and conceiving "The Matrix" as his assistant director.
……
(To be continued.) )