Chapter 468: The Plaza Agreement Comes (Asking for a Monthly Pass)

Since presiding over ATV, Wang Zichuan has not only been busy integrating ATV, but also paid close attention to the movements of the governments of Japan, Britain, France, and the United States, especially the ministries of several countries.

Wang Zichuan was lying on the sofa with his eyes closed, the information he had collected on the coffee table, Chen Farong was sitting next to him, reading one by one, his voice was crisp and pleasant.

"Since the eighties of this century, there have been two changes in the domestic economy of the United States, the first is that the foreign trade deficit has expanded year by year, reaching as high as 160 billion US dollars in 1984, accounting for 3.6% of the GNP of that year, and the second is the emergence of the government budget deficit.

Under the shadow of the twin deficits, the US government raised the domestic base interest rate and introduced international capital to develop the economy, and the large inflow of foreign capital caused the US dollar to continue to appreciate, and the competitiveness of US exports declined, thus expanding to the crisis of foreign trade deficit. Under the pressure of this economic crisis, the United States hopes to strengthen the external competitiveness of American products through the depreciation of the dollar in order to reduce the trade deficit. ”

Wang Zichuan opened his eyes and said with a smile: "I know all of this, read the next one." ”

Chen Farong lifted his glasses, looked at the thick stack of texts, and looked at Wang Zichuan with disgust, so many materials can't be read in three days.

"U.S. Treasury Secretary Blue advocated devaluing the U.S. dollar to promote U.S. product exports, and his speech led investors to sell the U.S. dollar frantically, and in less than a year, the U.S. dollar depreciated by half, greatly exceeding the bottom line, and even the U.S. government was shocked, and the president personally launched a plan to save the dollar."

Wang Zichuan sneered: "This US Treasury Secretary is really funny, a speech almost ruined the credibility of the dollar, this operation is to steal chickens and rice." ”

Chen Farong rubbed his sore neck and said angrily: "Mr. Wang, what are you doing with these information?" It's all economic news, it's boring! ”

Wang Zichuan pillowed his head on Chen Farong's lap and comforted: "Good." Keep reading, and you'll be given a tenfold bonus this month! ”

Chen Farong's eyes were round, her little face was flushed with excitement, and the little complaint in her heart disappeared, so as not to be a hundred times more energetic, and she didn't even care about Wang Zichuan taking advantage of her.

"Okay Mr. Wang, I'll continue to read the following one, which is an economist's private note...... In 1980, the world's second oil crisis erupted. The second oil crisis led to a sharp rise in energy prices in the United States, and the consumer price index in the United States rose accordingly. There is severe inflation in the United States, with inflation exceeding double digits, and the real rate of return by the end of the year is negative 12.4% when money is deposited in the bank at the beginning of the year. ”

Wang Zichuan smiled: "Isn't it true that even a fool will not deposit money in the bank, and the Bank of America will not fail?" ”

Chen continued: "The U.S. government has to mention the official interest rate and implement a tight monetary policy. ”

"High interest rates attracted a lot of foreign capital into the United States, and the dollar soared until last year, when the dollar rose by nearly 60 percent. The exchange rate of the dollar against the major industrial countries exceeded the level reached before the collapse of the Bretton Woods system. ”

Wang Zichuan sat up, relieved, and said with a smile: "It's almost there!" Soon! ”

"What's coming soon?"

Chen Farong frowned, and she watched for a long time. I don't see anything fast either.

Wang Zichuan pinched Chen Farong's handsome chin and said with a smile: "Your big boss is about to get rich!" ”

"Nasty, not serious!" Chen Farong bowed her head shyly, she thought that Wang Zichuan was deliberately looking for an excuse to take advantage of her. Since the establishment of Tengfei Entertainment, when will Wang Zichuan not get rich? She saw billions of accounts alone.

Wang Zichuan smiled: "Ah Rong, do a good job." I'll get you a car next year. ”

Chen Farong's face was flushed, she remembered very well that when Qiu Shuzhen lost her body, she just got a Porsche, couldn't he wait?

"What are you thinking? Out of sorts? ”

"No...... No, Mr. Wang, I, I don't like to drive. Chen Farong stood up with a twist, which was a disguised refusal, she was not ready to do so, there were so many women around Wang Zichuan.

Wang Zichuan plays with taste: "Don't like it? I remember that you drove Zhen's car, and Zhen complained to me many times. ”

"I didn't!" Chen Farong bit his red lip lightly, entangled, ashamed and anxious in his heart, if Wang Zichuan forced the overlord to bow her, she would also accept her fate, did she have to admit it in person before she was willing? She asked herself if she hadn't fallen to that point.

Wang Zichuan said: "The car must be sent, it will be regarded as a bonus, you have worked hard during this time." ”

Chen Farong calmed down his agitated mood and nodded lightly, since Mr. Wang likes to play, she will play with him.

Wang Zichuan suddenly asked, "How many are today?" ”

"20th, September 20th!" Chen Farong deliberately glanced at the calendar on the wall, and didn't understand why Mr. Wang asked such a simple question.

Wang Zichuan came out of the glass window, where he could faintly see Victoria Harbour, and at this moment, the finance ministers of the United States, Japan, Germany, France, and the United Kingdom were gathering in the same place, and perhaps tomorrow there would be shocking news.

For example, Japanese Finance Minister Noboru Takeshita made an appointment to play golf at a golf course near Narita Airport before leaving for the United States, and then went straight to the airport with a false shot and boarded the plane wearing a golf suit, while the governor of the Bank of Japan, who was on the same plane, wore a large mask to prevent him from being identified by the media

In 1985, Japan overtook the United States as the world's largest creditor, and Japanese-made products flooded the world. The pace of the frantic expansion of Japanese capital has made the Americans 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.

On September 22, 1985, the finance ministers and central bank governors of the United States, Japan, Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York, and reached an agreement on the joint intervention of the five governments in the foreign exchange market to induce the exchange rate of the US dollar to depreciate against major currencies in an orderly manner, so as to solve the problem of the huge trade deficit of the United States.

Because the agreement was signed at the Plaza Hotel, the agreement is also known as the "Plaza Agreement".

Wang Zichuan doesn't know what others think of this meeting, but he is indeed crazy about accumulating money, every 1,000 percent of the yen's appreciation, he earns tens of millions of Hong Kong dollars, since the Plaza Accord came into effect, the yen is appreciating every day, and the number of his account is also changing every day. (To be continued......)

PS: The protagonist has started to circle money! Everyone has a monthly pass.,This book began to ask for a monthly pass.,Monthly pass.、Recommended ticket、Reward,It's okay.,I used to just know the code word.,Monthly pass、Recommended tickets are so far behind.,This is also linked to the recommendation.,It's a great benefit to the results of this book.,I hope you can support it.。