Chapter 628: What is the bitterness of spring

The interest rate cuts and raises of the US dollar are actually the launch of the dollar tide.

When the dollar starts to cut interest rates, because the yield is not high enough, the dollar will flow from the United States to the outside of the country, and the dollar is depreciating.

A large amount of hot money will flow from Wall Street to the world, which is reflected in the international economic situation, that is, many underdeveloped third countries and regions have suddenly received a large amount of foreign investment, and it is easier to get hot money in terms of international loans.

For those small countries, such as the dozen or so countries in Southeast Asia, almost all of their high-speed economic development occurred during large-scale long-term interest rate cuts by the dollar.

So it's understandable, because during this period, a lot of dollars are flowing into their countries, which brings them economic growth and job opportunities, and workers' incomes increase.

When the overall economy is improving, it is natural that the whole country will look vigorous.

However...... Helping third world countries develop their economies and improve their livelihoods has never been the real idea of Wall Street and international hot money.

In addition to cutting interest rates, the dollar will also raise interest rates.

When the cycle of interest rate cuts is over, the U.S. economy is not doing well.

Then the interest rate hike is coming.

As the U.S. benchmark interest rate increases, the domestic attraction to the U.S. dollar and hot money will continue to rise.

That's when the dollar is appreciating.

When it rises to a certain level, a large amount of dollars will choose to return to the United States to multiply. Because of the high interest rate, it is easier to make money. And the whole world is a pool, the dollar is the water in it, and the amount of water is fixed.

When all the water in the big pond returns to the spring, what is left for the small countries is the miserable situation after the pool water dries up.

Foreign capital is withdrawn, capital is lost, factories go bankrupt at a loss, and workers lose their jobs and are comparatively well paid. For these reasons, real estate, services, and tourism, which are attached to the industrial base, will also become depressed.

And then at this very moment, the Americans, who are in charge of the interest rate cuts and interest rate hikes, will wave money to buy factories and other high-quality industries that are losing money and are about to go bankrupt because of the flow of dollars.

At this time, there are only two options in front of these countries and business owners.

One is that factories and enterprises are completely bankrupt, workers are completely unemployed, the people's livelihood and the situation in the country are even more turbulent, and the economy is completely depressed.

And the business owners themselves are burdened with loans and debts that they cannot repay, and they cannot turn back after bankruptcy.

Another option is to pinch your nose and sell these high-quality assets at a very low price to the Americans who come to buy them.

At the very least, to maintain the vitality of the country's economic development, the original business owners can also get some capital to some extent, so as not to lose their money.

The Southeast Asian economic crisis in the mid-90s, the economic crisis in the later part of the Han country, and even the Russian debt crisis on the eve of the new century were basically this routine.

This whole process is the so-called dollar tidal harvest all over the world.

The source of power for the tidal wave comes from the Federal Reserve's interest rate cuts and interest rate hikes.

The large number of aircraft carrier fleets of the United States and the military bases scattered all over the world are the basis for guaranteeing that the small countries that have borrowed dollars to develop their economies will not dare to default on their debts and not repay their money.

This leek cutting model of the Americans began to appear after the collapse of the Bretton Woods monetary system and the change of the dollar from a goldodollar to a petrodollar.

Over the decades, it has been tried and tested, and almost never missed.

Even the red bears at their peak could not resist, at most they could only ensure that the country's high-quality assets would not be snatched away by the Americans.

But their exchange rate and economy are also heavily manipulated and influenced by the Americans.

The secret of US hegemony lies in this.

In alternate time and space, this continued until about 10 years later. When the United States once again suffered from anemia due to self-practice of magic skills, and almost went mad and needed to come back from global blood sucking again to make up for itself.

In the process of drawing blood, they suddenly discovered that there was a black-bellied guy in the east, who had planted one steel bar after another in their leek field with the dollar money he had worked hard to earn from them for more than ten years.

When the Americans' scythes were cut, the leeks didn't cut off, but they cut the steel bars, almost breaking their sickles.

At this time, the Americans were in a hurry, because they found that the tried and tested blood-sucking mode actually couldn't suck!

How does this work?

So from that time on, the Empire in Collapse began to frantically suppress the black-bellied guy.

This is a later story, so I won't mention it for the time being.

Now is the stage where the dollar tide is pouring out.

It's already 1%, and it can't be lowered.

Tomorrow's Fed meeting will obviously not continue to discuss this issue.

The oligarchs who started the tide will not continue to make a fuss about it.

Now is the sowing stage, and when the interest rate hike comes back, it is time for everyone to go out and harvest again.

So tomorrow's regular meeting, there is a high probability that we will discuss internal problems.

Of course, it is also possible to talk about nothing at all, just think of it as a publicly-funded tour 4 times a year, everyone chats and has fun, and then what to do.

It's just that, since somebody joined in. This kind of harmonious and pleasant regular meeting has not been seen for more than a year.

Obviously, Abel wouldn't have let Dupont and Wilson wait for him here if there was nothing to do.

looked at Abel who had just sat down after greeting John.

DuPont thought to himself, do you want to make some big news this time?

The first big news is to snatch the right to vote from the old conglomerates, that is, more of the Fed's right to speak.

The second time they made trouble, they had to choose a side for DuPont and the Clevelands.

It has only been a little over a year and has brought so many changes to the Fed.

To be honest, Pierre-Eugene DuPont is now a little looking forward to what Abel wants to do tomorrow.

All partners in the same camp.

Of course, he hopes that Abel will have a stronger voice in the Fed.

That way, even with them DuPont, they can get some benefits.

Thinking like this, he didn't expect Abel to speak amazingly.

came up with a proposal that made Pierre Eugene Dupont feel a little unbelievable and fantastical.

"How is that possible...... How could the Europeans agree. They've just managed to get the euro in circulation. ”

John Wilson, who had just returned from Europe, understood Abel's general thoughts, and reacted in the same way as Pierre Eugene Dupont.

He spoke directly.

Old Dupont nodded, "I don't think it's possible either." It is impossible for the Europeans to agree to such a thing. ”

"How can you do it if you don't try? And ......"

Abel looked at the two of them, and he couldn't help laughing: "And now everyone may be a little afraid that I will speak at the meeting." So I had to do something that everybody would be happy as well. It's unlikely to succeed, but I think there will be interest in this matter tomorrow. ”

Abel said this, and John and Pierre thought about it and found that it seemed to be the case.

If Abel's proposal can be realized, then the benefits for everyone will be real.

It's just that it's unlikely to succeed, or it's very low.

"Well, it does. I'm sticking with you. "Pierre-Eugene Dupont is very crisp.

He felt that at this time, even if Morgen and Rockphil heard Abel's idea, they probably wouldn't object.

There may even be strong support.

"I don't have a problem either." John didn't care, he was just one of the important representatives of the California consortium.

In the absence of Slade to Washington, what John said doesn't count.

But if this was the case, John thought the old guys would probably agree.

When the time comes to implement it, there may be some disputes.

Seeing that the two agreed, Abel smiled and continued to say his request.

His request is also very simple, he hopes that Pierre and John will help him walk more tonight, talk to the others first, and be mentally prepared when he brings it up at tomorrow's regular meeting.

"John Chris and old Davy, I'm going to talk to you personally. For the rest, I'll bother you both. ”

It wasn't a difficult task, and Pierre and John agreed without much hesitation.

A little later, when Dupont and Wilson left, it was already past 6 p.m.

As he was leaving, John looked back with some curiosity, and he saw that the White House and the Secret Service car had just driven into the Smith house.

When it comes to Smith's relationship with the bushes, John is not surprised.

He was even a little glad that Abel had married the bush first.

If only Abel hadn't married the bush, but Wilson.

Then my current situation is different.

The inheritance rights of children born out of wedlock and those born out of wedlock are very different!

But he also wondered which shrub man had come to Smith's house tonight.

Able to use the White House's car and the Secret Service's protection, John guessed that it was either George himself or Herbert coming.

Because only they command the people who move the white house.

John Wilson subconsciously forgot that the family of the Grand Commander could also command these people to a certain extent, or enjoy the services provided by these people.

So when he and Dupont were leaving, it wasn't Herbert and George himself who came to visit the Smith house.

It's George's twin daughters, who tell their parents that they're coming to little Laura's new home in Washington tonight.

This is a very serious request, and relatives should also have contacts with each other.

The first lady didn't think much of it and immediately agreed.

George, who knows a lot more about certain things, knows more than his wife.

But today he was "enlightened" by his father, and at this time he still wanted them to take the initiative, so he naturally agreed readily, and personally sent a car to send them over.

So......

Washington, Carolama district.

In Smith's new house, after dinner at 8 o'clock.

Stomp –

"The water has been released ......"

has changed into a purple silk nightgown, after giving birth to a child, the figure has become more and more concave, and the charming little Laura that a mature woman should have has begun to appear, her hair is pulled behind her head casually, and she walks to the stairs with a smile.

"Hey, you guys are ...... It's still so early! I haven't slept yet, I'm still here! ”

She couldn't help but say.

One of her cousins responded to her, with a slightly shruffled voice.

"Ah, can't blame me...... Dear Laura, it's him, it's him...... He said he was going out later, and he might have to come back later...... Ahhhh......h So...... Ah......h

Little Laura helplessly held her forehead, thinking that Abel had indeed said during the meal just now that he was going to visit Mahogon and Rockfeller later.

In addition, tonight, in order not to make the cousin's parents suspicious, they can't spend the night here.

So...... Spring Festival is short, hurry up?

She didn't have the eyes.

Turning around and leaving out of sight, who told her that she was still in her menstrual period.

Who called the two of them, even herself!

(End of chapter)