"Mr. Fu Xin, these four sets of equipment you need, a total of 20 pieces of equipment, plus supporting processes, will cost a total of 5.65 million US dollars." Fu Xin took a good look at what he needed, and Saburo Inoue began to quote.

Twenty pieces of equipment, 5.65 million US dollars, maybe Niu Guoqun will be shocked when he comes, these things are available in China, and in China it is a matter of hundreds of thousands of yuan that can be ordered, and now it is nothing more than a little more advanced, but the price is so outrageous, Fu Xin sold a set of 80 million yuan of equipment to 2510 million US dollars, which is already ruthless enough, but here, there are even more ruthless.

However, the offer of $5.65 million is within the scope of Fu Xin's psychological acceptance, and it is not surprising that he clearly knows how big the manufacturers of developed countries such as Europe, the United States and Japan are open.

Although it is not unexpected, but the price of 5.65 million US dollars, after Fu Xin heard it, he was very disappointed, he has always had the illusion that the obscene uncle in front of him is not so ruthless, more than 1 million US dollars should make him earn, almost, but at this time, this guy is ruthless enough, directly reported the number, reported to the bottom line of Fu Xin, Ya is very accurate, not bad at all!

But the reality is so cruel, the trading rules of the international market are like this, people see that you have to buy, then you have to raise the price, don't slaughter you fiercely, how can you be worthy of my advanced products. Why do Western countries engage in anti-monopoly in the West, isn't it because they are afraid of you because you have what you don't, and he has to buy it, so he can only force you to lower the price?

This is the huge profit brought by the technological gap, if you want not to become the food in the mouth of others, you can only occupy the top of the industrial chain. It's about going from the bottom to the top. These tuition fees have to be paid.

"Mr. Fu, if you take the payment in Japanese yen. We can give you some concessions. Saburo Inoue said.

"What is the quote for the yen?" Fu Xin asked.

Saburo Inoue replied, "1.4 billion yen." ”

"Oh." Fu Xin nodded and didn't say anything more. But he said in his heart, "Damn, I just gave 12.5 million yen cheaper to labor, so I might as well settle labor and management in dollars!" Don't you know that there is a trade deficit between the United States and Japan now, and Uncle Sam is preparing to take you under the knife? Labor and management have already sent people to Xiangjiang to fight the front station, not for the upcoming square agreement, for what? ”

In the summer of 1979, Paul. Volcker (Paul_A_Volcker) became chairman of the Federal Reserve Board. In order to control severe inflation, he raised official interest rates three times in a row. Implement a tight monetary policy.

As a result of this policy, the official interest rate and the market interest rate of 20 percent in the United States were as high as double-digit, and the short-term real interest rate, that is, the real rate of return after adjusting for inflation, rose from an average near zero level between 1954 and 1978 to 3 percent to 5 percent between 1980 and 1984.

High interest rates attracted large amounts of foreign capital to the United States, causing the dollar to soar, rising by nearly 60 percent from late 1979 to late 1984, and surpassing the levels reached before the collapse of the Brettonson system against major industrial countries. The sharp appreciation of the U.S. dollar has led to a rapid widening of the U.S. trade deficit. By 1984, the U.S. current account deficit reached a record $100 billion.

Since 1980, there have been two changes in the domestic economy of the United States, the first is that the foreign trade deficit has been widening year by year. By 1984, it had reached $160 billion, or 3.6% of GNP that year. The second is the emergence of government budget deficits.

In the shadow of the twin deficits, the U.S. government has raised the domestic base interest rate and brought in international capital to develop the economy. The inflow of foreign capital has led to the appreciation of the dollar and the decline in the competitiveness of US exports. This widened to the crisis of the foreign trade deficit. Under the pressure of this economic crisis, the United States pinned its hopes on strengthening the foreign competitiveness of American products by depreciating the dollar. to reduce the trade deficit.

In 1985, Japan overtook the United States as the world's largest creditor, and Japanese-made products flooded the world. The pace of frenzied expansion of Japanese capital has caused the Americans to exclaim, "Japan will occupy the United States peacefully!" ”

Many large manufacturing enterprises and congressmen in the United States began to sit still, and they lobbied the US government one after another, strongly urging the Reagan administration at that time to intervene in the foreign exchange market and depreciate the dollar in order to save the increasingly depressed US manufacturing industry. Many economists have also joined the lobby to lobby the government to change its stance on a strong dollar.

In September 1985, U.S. Treasury Secretary James Murphy Beck, Japanese Finance Minister Noboru Takeshita, former Federal German Finance Minister Gerhardt. Stoldenberg (Gerhard_Stoltenberg), French Finance Minister Pierre. Bergberg (Pierre_Beregovoy), British Finance Minister Nigel. Lawson (Nigel_Lawson) and other finance ministers of five advanced industrial countries and the central bank governors of the five countries held a meeting at the Plaza Hotel (Plaza_Hotel) in New York, and reached an agreement that the governments of the five countries would jointly intervene in the foreign exchange market and make the US dollar fall against major currencies in an orderly manner in order to solve the huge trade deficit of the United States.

Because the agreement was signed at the Plaza Hotel, it was also known as the "Plaza + Accord" agreement. The agreement stipulates that the yen and the mark should appreciate sharply in order to recover the overvalued dollar.

After the signing of the "Plaza Accord", the five countries jointly intervened in the foreign exchange market, and each country began to sell the dollar, which then formed a selling frenzy of market investors, resulting in a continuous sharp depreciation of the dollar.

After that, the U.S. government authorities, headed by U.S. Treasury Secretary Baker, and the then director of the U.S. Institute for International Economics, Fried. Experts represented by Bergsten (Fred_Berg_Sten) constantly verbally intervened in the dollar, saying that the level of the dollar exchange rate at that time was still on the high side, and there was still 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 the rapid appreciation of the yen.

Fu Xin's memory told him that in September 1985, the yen exchange rate fluctuated around 1 dollar to 250 yen. In less than three months after the Plaza Accord came into effect, it quickly appreciated to around 200 yen per dollar. Up 20%.

At the end of 1986, 1 dollar was worth 152 yen. In 1987, it reached a maximum of 120 yen per dollar. From February 1985 to November 1988, the nominal exchange rate of the yen against the US dollar appreciated by 111%; From April 1990 to April 1995, it appreciated by 89%; From August 1998 to December 1999, it appreciated by 41 per cent.

From the first quarter of 1985 to the first quarter of 1988, the real effective exchange rate of the yen appreciated by 54 percent. from the second quarter of 1990 to the second quarter of 1995, the value appreciated by 51%; From the third quarter of 1998 to the fourth quarter of 1999, the value appreciated by 28 per cent.

10 years after the Plaza Accord was signed in 1985. The average annual increase in the value of the yen is more than 5%, which is tantamount to giving international capital investment in Japan's stock market and housing market a sure way to make a profit.

In the nearly five years since the Plaza Accord, stock prices have increased by 30% per year and land prices by 15% per year, while Japan's nominal GDP has grown by only about 5% per year over the same period.

The bubble economy is getting farther and farther away from the real economy, and although Japan's per capita GNP surpassed that of the United States at the time, the high housing prices in Japan made owning one's own home a thing out of reach for ordinary Japanese citizens.

This is very similar to the 21st century in which Fu Xin lived in his previous life.

In 1987, the G5 countries met again at the Louvre Museum in France to review the impact of the abnormal depreciation of the dollar on the international economic environment since the Plaza Accord, and the advantages and disadvantages of using exchange rate adjustment to reduce the US trade deficit. And the crux of America's economic problems lies in its huge domestic fiscal deficit.

As a result, the Louvre agreement demanded that the United States no longer force the yen and the mark to appreciate, and instead use domestic economic policies such as lowering the government budget to save the American economy. In other words, the Plaza Accord did not find the crux of the weakness of the US economy at that time, and the appreciation of the yen and the mark did nothing to help its economic weakness.

Americans are cheating. Deliberately pulled the Japanese into the water, his trick, in the twenty-first century. It was used on the Celestial Empire to force the Celestial Empire's RMB to appreciate. Pull the Celestial Empire into the water. Therefore, Fu Xin has always lacked a good impression of the United States.

1989 year. The Japanese government began to implement a tight monetary policy, although the bubble economy was punctured, but stock prices and land prices fell by about 50% in a short period of time, banks formed a large number of bad debts, and the Japanese economy entered a recession period of more than ten years.

Whether China later fell into this deep pit and followed the old path of Japan, Fu Xin is not clear, because Fu Xin did not wait for this day, and even the advent of the period of China's economic regression, he crossed over.

With such a thing as the "Plaza Agreement" coming, how could Fu Xin agree to use the yen settlement, at this time, it should be a large amount of yen to buy, is the right choice! Wait for the Plaza Agreement to pass, hold these yen in your hands for a while, and then you can make a fortune!

"Mr. Saburo Inoue, I still choose to settle in US dollars, according to the current exchange rate of 25000 yen against US dollars, what you exempt me from is only 12.5 million yen, that is, 50,000 US dollars, the price reduction is too low, 50,000 US dollars, I will spend so much on the handling fee of converting US dollars into yen! Not cost-effective. Fu Xin resolutely refused.

"Then I have no choice, this price is the price set by our diamond company, and I don't bargain." Saburo Inoue also said resolutely, giving no room for a new counteroffer.

"Okay, Mr. Inoue, please prepare the relevant materials, I have some interest in your equipment. If the price is more suitable, I am interested in buying, and you must know that my status in China is that of the general manager of a collective enterprise. Fu Xin said helplessly to Saburo Inoue.

Fu Xin is not a person who will bargain, since people are biting this price, and this price is at his psychological price, he has not bargained with others, he really has no talent.

After Fu Xin agreed, immediately, Saburo Inoue, a middle-aged uncle with pimples on his face, was so happy that the pimples on his face swelled up, like a cactus, and Zhen Nima was disgusting. He beckoned Fu Xin to sit down first, and he went to the work area of the staff on the side of the booth to prepare the relevant materials. (To be continued......)