Chapter 205: The Senate Is (2)
Li Lao spoke a lot of nonsense, mainly analyzing the entire topic from the perspective of the mechanism of US decision-making and the future trend. Zhong Shi listened and nodded secretly yes, although this old man had never studied abroad, he knew the entire decision-making process of the Federal Reserve well, and all kinds of economic data were at his fingertips.
The leader listened quietly, taking notes in his notebook from time to time. After talking for a long time, he raised his head again and said with emotion: "Teacher Li, I can't imagine that after so many years, your knowledge still impresses the students!" ”
This is the first time he has spoken to Elder Li as a disciple today. When it comes to his identity, it is obvious that there is no need to use the identity of a disciple to show closeness. His "student" is more full of sincere admiration for this former teacher.
"There's a specialization in the art industry!"
Elder Li was very open-minded, and he didn't rely on the old to sell the old, nor did he have a smug look, he just nodded slightly, and said lightly, "Everyone is contributing to the country in their own posts, and the division of labor is different." As long as we do our best in our posts, the country will definitely be built well. ”
"Yes, you said it so well!"
The leader nodded heavily, and then looked to the left with great meaning, "Governor Zou, what does the central bank think about the behavior of the Fed's QE?" Do we need to fight a currency war against the United States? ”
The central banker, named by the leader, had a fair complexion, slender fingers, and a long history of pampering made him look much younger than his age. When everyone looked at him, they saw that his face was slightly unnatural, and naturally they understood that the previous words were beating themselves.
"Based on the fact that the current scale of QE in the United States is not very large, our central bank's view is to continue to observe!"
The president, surnamed Zou, was only embarrassed for a moment. "Moreover, the US dollar, as a global payment currency, will inevitably cause a backlash from strong currency countries such as the European Union and Japan once large-scale QE is implemented." In our opinion, this could be a temptation. However, due to the spread of the financial crisis, it cannot be ruled out that Eurozone countries and the yen will introduce QE policies one after another in the future. In this case. Our currencies are likely to be under significant exchange rate pressure. Therefore, our suggestion is to adjust the exchange rate in a phased and stable manner at the appropriate time. ”
"What about the magnitude and intensity of the adjustment?" The leader's eyes were like torches, staring at President Zou and asking.
"This ......"
The beads of sweat on Governor Zou's forehead immediately burst out and ran down his cheeks, but he didn't dare to wipe them, so he could only let them drip down. Originally, what he said was originally perfunctory, and it had not been carefully researched and verified at all, so it was naturally impossible to come up with accurate figures. Finally, he said, "It will take time to do further analysis." ”
The leader glanced at him dissatisfied, tapped his fingers on the table, and said in a deep voice: "The work is not in place, there is serious bureaucracy, and there is serious incompetence. It's not just the U.S., but the neighboring exporters, and the currencies of countries with which we compete. It must be analyzed as soon as possible. The QE policy in the United States is like the first dominoes, and who knows what will happen in the end? You're good. How can you so lightly intend to fool the past? Is that how the work works? ”
He said this in a loud voice, and everyone couldn't help but feel uneasy, although they all knew very well that the spearhead was not pointed at them, but after all, the other party was one of the leaders at the highest level, and the power and status were there, and the impact of a few heavy words was extraordinary.
And President Zou, who was in the whirlpool of the storm, was even more unbearable. Hurriedly stood up, lowered his head and humbly admitted his mistakes, looking like a schoolboy who made a mistake.
Fortunately, the leader just wanted to beat him, as the so-called raised high and gently put down, plus the other party's attitude was sincere and profound. Naturally, the leader will not continue to pursue the matter, "I will see the relevant report on my desk in two weeks." This time, the work must be done solidly and profoundly, otherwise it will not be as simple as saying two sentences. ”
After two more commands, the leader's tone tended to soften, and his face was not so unangry and arrogant. After glancing at the audience, he put on that warm smile on his face again, and said softly: "I believe you are all very puzzled why the Fed suddenly announced the implementation of QE at this time. Logically speaking, this is not the time of the FOMC meeting, and the timing of the decision does not seem right. Coincidentally, one of us here knows the whole thing very well. Ladies and gentlemen, let me introduce you to Mr. Zhong Shi from Hong Kong. ”
In a look of surprise, Zhong Shi stood up slightly shyly and nodded slightly to everyone.
"Ladies and gentlemen, I believe you still don't know the identity of this Mr. Zhong, here I solemnly introduce that Zhong Shi, from ChinaAMC Hong Kong, is a hedge fund manager. In addition to this identity, he is also a patriotic businessman who has done a lot of things for the country in some aspects, and I won't say what it is. What I can tell you is that Mr. Zhong is absolutely loyal to the country and the people. ”
In the end, the leader deliberately raised his tone, and his tone and expression were solemn and solemn.
Hearing his deliberately accentuated words, the faces of the other people turned grim, and their expressions became serious. It's just that among these people, although a few people show a serious appearance, their eyes are flickering, and they don't know what they are thinking.
"Okay, Mr. Xiao Zhong, I want you to come here this time to hear your views on the Fed's sudden implementation of QE. Also, a little bit more about what we don't know. ”
After the leader glanced around, he nodded with satisfaction, and then said softly to Zhong Shi, "Brainstorming has always been our fine tradition, and I hope you can bring a different way of thinking to our decision-making." ”
"Thank you, leaders, thank you."
Zhong Shi bowed slightly to everyone, and then said unhurriedly, "Contemptible Zhong Shi, who lives in Hong Kong, currently runs a hedge fund called Tianyu Fund. It's a pity, because of the limited capacity. Just a small contribution to the country. Now I will tell you what I know and what I predict without reservation. If there is anything wrong, please be more forgiving and give advice to all the seniors here. ”
When Zhong Shi said "Tianyu Fund", everyone's mood obviously showed a lot of fluctuations. However, because everyone is the best in their respective industries, even if there are mood swings. It was also well controlled and did not affect the atmosphere of the meeting room.
The name Tianyu Fund obviously has a lot of reputation among the elite. Zhong Shi himself did not expect that as a hedge fund created by Chinese and mainly Chinese, it would have a great impact on the world's financial market.
"In November of last year, our researchers noted that the U.S. government stimulated the economy by cutting interest rates frequently. But just how effective is this effect, and will the U.S. economy stop the downward momentum? These questions became the focus of our research at that time. After careful research and analysis. There is also a lot of data collected, and we believe that simply cutting interest rates to stimulate the economy is of very limited use to the current US government. ”
"Of course, the U.S. government is not just lowering interest rates, and what we've seen is that they're doing a lot of other things, such as setting up a rescue fund. $800 billion has been set aside to buy CDOs, take over troubled companies, etc. But according to our analysis. These measures do not really alleviate market panic. In this case, we think the Fed may consider easing. ”
"In this case, we boldly bought the 10-year US Treasury bond. Perhaps because we have too much short-term sweeping, the Fed actually noticed us. They simply thought that we were the vests of the Ministry of Finance, so they came forward to warn us, which also proved that they wanted to implement the QE plan. ”
"What happened later. When my fund was under siege by the market, I strongly suspected that the Fed was behind it. Luckily, I was able to record the whole meeting before that, so I was able to threaten them at the most critical time and force them to act on that day. I can't say that I advanced or postponed the timing of the Fed's QE. But in a way, I did influence the timing of their release. ”
"Wait, young man, you just said that you were responsible for the Fed's QE announcement on January 7?"
Just as Zhong Shi was about to continue, a middle-aged man with dark skin and a bad face interrupted, "This is too, isn't it?" National events, how can they be so child's play? ”
"He is the Su Forest of PetroChina!"
As soon as Gao Dongfang saw him, the muscles on his face twitched twice involuntarily, and he whispered to Zhong Shi, "People over there!" ”
Zhong Shi nodded slightly, and replied with an unchanged face: "Mr. Su, I don't know the facts, but according to my negotiations with the American side, the situation should be similar to what I speculated. I won't be able to give more details, but what I can tell you is that the U.S. side has not stopped against us for a moment in the financial war. Tianyu Fund, which is on the front line of the international financial market, has encountered their attacks many times in recent years, but fortunately, we have defused their attacks one by one. ”
"Humph!"
Su Linlin snorted coldly and said disdainfully, "Since you said that you can't produce evidence, then let's put this issue aside." The previous leaders said that you were a patriotic businessman, but I happen to know something that shows that you are a hypocrite at all, and there may be another face. If you can't give a reasonable explanation, I have every reason to suspect that you are not genuinely serving your country. ”
As soon as these words came out, there was an uproar.
If, in such a high-level meeting, there is a person who is not able to serve the country with all his heart, then the problem is big. Even though nothing substantial has been said so far, the nature of the whole thing has completely changed. At least, Gao Dongfang's rash move to bring Zhongshi is very debatable.
So as soon as Su Linlin's words came out, Gao Dongfang's face changed suddenly.
"What have I done to the detriment of the country?"
Although he was prepared in his heart, Zhong Shi still frowned unhappily, he knew that he couldn't retreat at this time, so he raised his head at the moment and said solemnly, "Did Mr. Su say this in a private capacity, or in an official capacity?" If it's private, I'd laugh it off. But if it's an official capacity, I think it's necessary for me to clarify, but I also want you to take responsibility for saying it. ”
"Of course I'm saying that in my official capacity!"
Su Linlin didn't even blink an eye, and said directly, "Don't worry, I will definitely be responsible for what I say." Now let me ask you, what was your role in Porsche's takeover of Volkswagen? ”
He brought such a thing by surprise, which greatly surprised the others. Everyone here has heard about Porsche's acquisition of Volkswagen. But they didn't know that some of them were involved.
"If it's purely for profit, I don't think you would choose a small company to buy a big company like Volkswagen. Others may not know, but I do know that in the end, Porsche's short squeeze through the option is completely from your hands. Originally, I thought the whole thing was a business activity, but then I learned that the Volkswagen Group has highly confidential partnerships with certain companies in our country, and I realized that the whole thing is not as simple as it seems. ”
"If I'm not mistaken, you must have gotten the news beforehand and chosen to help Porsche. Although I don't know what your purpose is, I have to say that you have managed to disrupt the cooperation between the Volkswagen Group and us. So I have reason to suspect that you are not a patriotic businessman at all, or rather not an outright patriotic businessman. As for whether you serve other countries or anyone, I don't know. ”
"If you take into account what I have said, everyone, can you still believe what this Mr. Zhong says?"
In the end, Su Linlin waved his hand and asked impassionedly.
There was silence at the venue, and no one answered Su Linlin's words. Some of them looked pensive, while others looked like the old gods were there, looking unconcerned. Others kept looking at Zhong Shi and Su Forest with their eyes, as if they wanted to see what they were related to. (To be continued......)
PS: Thank you to the book friend engineering technician, the bow in the left hand, the owner of Oliver, the emperor Tianlong, the emperor jing, the grandson of the Zhixing, the demon dragon and the ghost, babbling and babbling, selling insurance, and the world decisive lord for voting for the monthly ticket! Thank you for the tips from the royal family!