Chapter 388: Simple and Clear Explanation of Pig Killing Techniques: The Square Agreement

Only then did Wang Qiang understand: "It turns out that the so-called Japanese miracle is not how strong Japan is, but the United States itself!" ”

Su Su said with a smile: "It can't be said that it is not strong, it is still commendable to be able to grasp this opportunity and take off quickly with the advantages of 'time, place and people', and it is good for ordinary people to grasp one or two opportunities." Therefore, throughout the 6 and 70s, when other developing countries were bought by the United States by raising oil prices, raising interest on loans, and all kinds of bankruptcies, Japan's war base gorgeously avoided all kinds of damages, and the whole 70s was the golden age of Japan's post-war rise, Japan's automobiles and electrical appliances were sold all over the world, and all kinds of Toyota, Mitsubishi, Sony, Panasonic, Toshiba, and Hitachi became the most well-known brands in the world......"

"The national pride of the Japanese was overflowing during this period! The Japanese are respected all over the world, and at that time, Japan was also respected by the Chinese because of the establishment of diplomatic relations between China and the United States and the vigorous development of Sino-Japanese friendship......

Wang Qiang had goosebumps all over his body when he heard this, and couldn't help but hurriedly say: "Su Su said when Japan started to die!" ”

Su Su smiled: "Okay, it's just that the Japanese are starting to swell and start fighting car wars with American fathers for jobs." That famous right-wing politician Shintaro Ishihara also wrote a best-selling book, "Japan Can Say No......"

Wang Qiang burst out laughing.

Su Su said with a smile: "In short, at this time, the Soviet Union has been exhausted, Japan's strategic position has begun to decline, and the United States is playing financial money printing, and there is all kinds of inflation, so we must start killing pigs, so in 1985, the United States recruited Japan, France, Britain, and Germany to start a secret conference at the Plaza Hotel in New York, that is, the pig killing conference, of which Japan is the fattest one, this is the famous "Plaza Agreement", the so-called Nagasaki after Japan, after the square no Yamato...... Is Brother Qiang interested in learning how to kill pigs? ”

Wang Qiang frowned: "Although I am interested...... But is it complicated? ”

Su Su said with emotion: "Brother Qiang graduated from the second grade of primary school after all!" ”

Wang Qiang nodded again and again: "Yes, yes, with the guidance of a famous teacher like Su Su, how complicated can it be." ”

Su Su smiled: "The core of the Plaza Accord is those two sentences - 1, the yen appreciates by 5% every year, and 2, countries sell off the dollar. Brother Qiang has learned about currency appreciation, do you understand what this means? ”

Wang Qiang patted his head: "As I said before, forcing the other party's currency to appreciate is to want to roll up more money and run away!" An American businessman brought 100 million US dollars to China to do business, first converted it into 500 million yuan at an exchange rate of 1:5, and then when he earned 1 billion yuan and wanted to leave, he forced the RMB to appreciate to 1:4, then his 1 billion yuan became 250 million US dollars, and he took 50 million for nothing! ”

Su Su said with relief: "It is worthy of Brother Qiang, I still remember what I said before!" ”

Wang Qiang laughed and said: "I can't remember the theory, but I remember the story very clearly!" ”

Su Su smiled: "Very good, because it was for Brother Qiang to enlighten before, I was afraid that Brother Qiang would not be able to remember it if I talked too much." In fact, appreciation is conducive to imports, and the Plaza Accord is also good for Japan on the surface, and this benefit is the last feeding before killing the pig - then Brother Qiang, listen well, for example, the exchange rate of the US dollar against the yen is 1:200, that is, 1 US dollar = 200 yen, and 1 dog food in the United States sells for 1 US dollar, so the Japanese need 200 yen to buy this dog food. ”

Wang Qiang nodded again and again: "Mmmm! The start is easy to understand. ”

Su Su smiled: "Then the yen suddenly appreciated, for example, the appreciation was 1 times, that is, 1:100, then 1 dollar = 100 yen, thenβ€”β€”"

Wang Qiang immediately raised his hand and replied: "Then the 200 yen in the hands of the Japanese just now can buy 2 dog food!" This is that appreciation is good for imports. ”

Su Su smiled: "Nice! Congratulations to Brother Qiang for answering the kindergarten preschool question correctly! So on the other hand, the dollar has depreciated against the yen, but it is indeed a price reduction that is conducive to exports, and the backlog of dog food has been sold by two at once. ”

Wang Qiang smiled bitterly: "Brother thought he had graduated from the third grade of primary school." ”

Su Su smiled: "Actually, Brother Qiang still has a knowledge point in preschool that he hasn't learned, and he was afraid that he would say too much, and Brother Qiang can't remember it - that is, the appreciation of the yen is conducive to the United States!" In other words, when the United States wants to repay its debts, it plays with the depreciation of the dollar. ”

Wang Qiang frowned: "I'm a little confused about the formula of elementary school, let's just tell the joke!" ”

Su Su smiled: "Okay, for example, Brother Qiang has a friend who borrowed 1,000 yuan from you ten years ago, and then met again ten years later, Brother Qiang remembered to borrow money and asked him to pay him back, how much should he pay you back?" ”

Wang Qiang was angry: "My dad really encountered this kind of relatives who borrowed money, he really dragged it out for more than ten years, and he really paid back 1,000 yuan!" No interest is given! ”

Su Su smiled: "Of course Brother Qiang is angry, 1,000 yuan more than ten years ago and 1,000 yuan now are the same thing?" In terms of purchasing power, the currency has been depreciating for more than ten years, and money is worthless, and the purchasing power of 1,000 more than ten years ago is equivalent to 4,000 now. That is to say, if it is calculated strictly according to the international currency exchange rate, he should pay back your father 4,000 yuan! So he lost 3,000 yuan from your father. ”

Wang Qiang said angrily: "That's it!" Although we ordinary people will not settle according to any international exchange rate, we will not give the minimum interest, which is very uncomfortable! ”

Su Su said with a smile: "But the international repayment is not only calculated as interest, but also as the international exchange rate, so it is the same thing to play depreciation of the US dollar, or force others to appreciate and repay the debt, does Brother Qiang understand?" ”

Wang Qiang came to his senses: "I'll wipe it!" So it's that simple? ”

Su Su said with a smile: "The world is full of knowledge, and I know the people around me, isn't it the same thing in the world?" ”

Wang Qiangle was happy: "So this square agreement is clearly to kill pigs and repay debts!" And Japan is an exporting country, appreciation is not conducive to exports, Japan is chained and cannot resist! ”

Su Su smiled: "Don't say that the United States is so vulgar, there is no master style at all!" This agreement is not without any benefit to Japan, and even in the eyes of Japan at that time, it was a godsend opportunity to solve the overheating of the domestic economy, so that Japan could go crazy to acquire assets overseas! For the Japanese people, a stronger yen means a surge in purchasing power...... So, some of the literature describes Japan at that time in this wayβ€”"

"The Japanese, who have always been known for their high savings rate and frugality, began to queue up in Ginza to buy LV bags, and everyone stopped a taxi on the street with 10,000 yuan bills, and before students graduated, companies came to recruit in droves, and also prevented half a year's salary; The meeting gift in the nightclub is a gold watch, and the sweat is wiped with cash......"

Wang Qiang was stunned and said, "I'll wipe it!" It turns out that Japan has been so arrogant! I'm forced to pretend! ”

Su Su smiled: "Then in 1987, Mitsubishi bought the landmark building 'Luckfeller Center' in New York, and the American media sadly said that the Japanese bought the soul of the United States. At the same time, Sony bought the old Columbia Pictures in the United States. Then a wealthy Japanese man bought the Empire State Building. Then there was a joke that the Japanese were willing to take an additional 200 million for an auction of 400 million in the United States, just to break the Guinness World Record...... Americans at this time were completely shocked and exclaimed 'America was put on the auction table'......"

Wang Qiang was dumbfounded when he heard this: "Brother was also shocked!" ”