Rebirth capital madman
Chapter 636 Gao Jazz wants to reform Xiangjiang monetary policy
The content discussed by the Executive Committee of the Xiangjiang Bank Association, and the trend of the Xiangjiang stock market, real estate, etc., and the degree of lightweight is obvious, but the more specific process is certainly no new interest in the entertainment circle, and the financial Sax Dingji first strive The banking industry has reached the purpose of this meeting,
However, the sinusoidal heart hits the financial company that is a direct banking, or rectifying the wind, derivation of financial three-level system, to achieve a more effective banking interest rate hike, and then contain the Hong Kong dollar exchange rate, this ultimate goal Method, reserved opinions.
It is true that from the perspective of academic theory and historical experience, through adjustment interest rate, the exchange rate will change toward the desired direction, but this is based on the past model, and since the Bretton forest system crashes, the dramatic pattern is a broken head One, just like the epidemic caused by the "old script", academic theory and historical experience is often less likely.
Otherwise, the West Capitalist Countries in the current stage will not be attached to the economic stagnation, so that Mi State began to make a hacking therapy.
You must know that people can engage in economics, play financial qualifications, at least hundred years, and then the professionals who have accumulated the number of professionals, but there is a comprehensive solution to agriculture and manufacturing.
In the hologracence
With the end of the Second World War, the British national strength declined, the economic strength was weakened, and the pound was more depreciated. The impact on the economy of Xiangjiang, the basis of the pound exchange this bizarrary system has no longer existence, when the pound is in 1972 After the exchange rate is floating, Hong Kong dollar quickly and sterling, changed to the US dollar, the official exchange rate is $ 5.65 Hong Kong dollars.
Ironically, that time the Bretton Forest system collapsed, the US dollar that faced a huge depreciation pressure was not so reliable. In February 193, it was depreciated, and the Hong Kong dollar linked to the dollar. Countermeasures are to adjust the official exchange rate to a US dollar exchange for five o'clock
Unfortunately, the energy of the dollar depreciation is too large. The Hong Kong Government can't take the investigaters of the investigator, so quickly in November 1974, Hong Kong dollar and US dollars were detached, and the exchange rate floats. At that time, Hong Kong dollars have been appreciated in the market. One dollar exchange for four o'clock and six months.
The initial period after the exchange rate floating in Hong Kong dollars, the household exchange rate is maintained in the interval that is conducive to the economic development of Xiangjiang, but it will be a strong person.
This is designed from the high-yield and Hong Kong Government aimed to reflect the Hong Kong dollar exchange rate index of the overall value of Hong Kong dollars. Hong Kong dollar exchange rate index fell below one hundred, last year, that is, in 198000, it fell to more than 90 points, this year, this year, it will definitely fall below 90, as for the market between Hong Kong dollars and USD The exchange rate has long been broken.
The chord of the string is that the final analysis is, or the monetary policy of Xiangjiang has a problem. The Hong Kong dollar implements exchange rate floating policies. The freedom of random strain is, but there is a lack of clear monetary policy goals, especially the Xiangjiang River has no central bank, and the arbitrariness of the Hong Kong government is large, so that he is concerned.
For example, in principle, the logic of Hong Kong dollars is very simple, that is, depending on the foreign exchange reserves in the Xiangjiang Forex Fund.
When Huifeng Bank, Standard Playing Bank, Anhui Bank issued a Hong Kong dollar banknote, first deposits the relative number of dollars to exchange the debt manual, but the actual operation process in these years is, Huifeng Bank, Standard Playing Bank, The advantageous bank does not need to give these foreign exchange, as long as the Hong Kong dollar value is valued, through the way of payment, the foreign exchange fund is transferred to the account of these bills, which can exchange the liabilities instructions, as for the actual issuance of foreign exchange, foreign exchange The Foundation uses these Hong Kong dollar balances, purchases from the foreign exchange market, and this space cannot be provided with a randomness.
Therefore, the tall strings believe that the monetary policy of Xiangjiang is the time to reform, rather than being very difficult, talented medical foot pain medical foot.
Of course, this problem has exceeded the scope of the Executive Committee of Xiangjiang Bank Association.
After the meeting, the Supreme Supreme: "Sir Xia Dingji, is there a space, find a place to sit, we can have a long time for a long time."
In the face of the tall jazz, the youngest and a member of the Hong Kong Government Mission, Xia Dingji, of course. He is satisfied with the results of this meeting, and the mood smiled and said: "Then please Gao Jazz."
Senior, "Then I went to Wenhua Hotel's Xiangjiang Club."
Xiangjianghui Reconstruction Institute, the required funds "Lai", "Lai" in Xiangjiang Park, after the completion of the new clubhouse building, use the rented rents, and the Xiangjiang will sometimes listen to the view of Xiangjiang, for example, now move to the text Hua Hotel, and this environment is still very suitable for hostring and Xia Dingji casual relaxation.
"The heavy responsibility on Sir Shande Jazz should be more and more, and it is expected that the Foundation of the Foundation is based on the next period of time." Supper stroke.
As the "Finather" of Xiangjiang, the financial Si Xia Dingji is the three hand of the Hong Kong Government. He has the second hand of the second hand, and this year, he retired age, and the True Financial Secretary Xia Dingji is Hong Kong, the Mt. Haozhong's embassy took office, coupled with Hong Kong Corker Mai Hao in the fourth degree of the term, and the health of the body will not be eaten. Sometimes returning to London to see the disease, needing the two hand of the Hong Kong Government to make a proxy power, so Xia Dingji The burden is really not easy.
Calculated that Xia Dingji and the tods have been more than ten years, quite a situation, in this private occasion, it is inevitable that it is impossible to invitilize the heart. "Xiangjiang's population exceeds 50,000 international metropolis, is coming out. Governance puzzles, a little bit of me, I don't know. "
Senior strings are slight smiles, Xia Dingji is in this position in the Financial Secretary, and it is quite fine to Hong Kong government spending. After the Harbor, Mai Hao Hao's lasting, one of the political points is to improve people's livelihood issues, Guangjiang's social turmoil. House, nine years of free education, etc.
For example, in 1976, Xia Dingji wants to increase the dividend tax, and finally she holds under the opposition of the Hong Kong Government Legislative Council.
That sentence is good, touching interest is difficult to touch the soul, Xia Dingji wants to add taxes from the stock trading, first of all the British Interest Groups will not agree.
In a few months, Xia Dingji will be promoted by the Hong Kong Government in accordance with the class, and the scope of management is broader, but they are not able to open money. It is not enough to blame.
See the high strinper, and Xia Dingji put down the wine glass, urged: "Sir, since we recognize the development of the industry and commerce, in order to promote the international trade of Xiangjiang, to visit all over the world, affirmed Don't recommend it to me? "
Seniors said: "Of course, it is never lacking, but in the environment of the Xiangjiang, once it is touched to the vested interest, it is often difficult."
Xia Dingji has a feeling of feeling in the same way, and there is no obedience to the field. "Today, Jazz is also a representative of the stakeholder group."
Senior strings were amused, he touched the chin's beard thought about it, slowly opening: "I am squeezed by you, I think of an idea."
Xia Dingji is very vibrating, "Let's talk about it."
Senior strings are not unlikely: "You noticed that there is no, like Kuwait, a special investment institution, which is worthy of wealth, which is not a long-term policy."
"These years, I have gone in terms of investment, saying that there is no such thing as the sentence, there is no right."
"If you consider, you will consider it from the foreign exchange fund or the Gubservincture, first try to take out 10 billion, set up a special investment institution, entrust it to the high-performance, I guarantee the average return on investment in the next decade. More than 20%. "
Xia Dingji sinking: "This idea is very feasible, what is the high jazz wants to get?"
"I value the invisible report." The high strings shrugged, "this is like a profit of bank's banknotes, the pattern and words on Hong Kong dollar banknotes, with unique advertising effects, and the high interest can help the government This fund is managed, it will become a golden signboard. "
Xia Dingji's understanding of the jazz and high-profile understanding of his years, this year, I believe that there is no problem in the motivation and enthusiasm of this, and then discussed for a while, it officially stated: "Gao Jazz makes it a report, I will fight Implemented in the second half of this year. "
"OK, I have arranged high-increasing work with Xia Dingji and the work." Senior stroke.
However, this topic is just a group of this party. The chord is so fast to go to the top question. "I think that the exchange rate of Hong Kong dollar is so weak, just use the exchange rate to impose an impact, I am not enough, it is necessary. "
Xia Dingji asked curiously: "What is the multi-visual manager of Gao Jazz?"
"The interest will become a resistance, but it is also a driving force." Senior strings talk: "At present, the Hong Kong dollar issuance mechanism focuses on the direction of the expansion. When the Xiangjiang economy has an overheating, the effective method of contraction direction is lacking, especially It is the way to buy Hong Kong dollars directly than the foreign exchange fund, and more than half-time. "
"My thoughts are like this. In addition to floating market exchange rates, there is a relatively fixed internal exchange rate between the foreign exchange fund and the bill, and when the depreciation of the Hong Kong dollar exceeds the reasonable range of the Financial Secretary, the banknote bank, and others The license banks can be traded through the banknote banks, and the Hong Kong dollars in the circulation, which in turn helps to stabilize the Hong Kong dollar exchange rate. "
Xia Dingji quickly understood the high string of thinking, establishing a relatively fixed internal exchange rate between the foreign exchange fund and the bill, essentially equivalent to formulating a relatively clear monetary policy, but the Government also Grounding is an operational random.
Sen strings look at Xia Dingji, my heart is so funny, this round of time is a representative of the interest group, see how you high wind.
"Gao Jazz's program sounds very good, but, but ..." Xia Dingji "but" it's a few times, I finally came, "Zhidia," need to carefully repeat it carefully. "
"I know, I won't be happy." After the string of the string, I referred to it: "I know some friends in the economic scholars, many of which are famous experts in the UK and the country, I can ask them Help argument. "
"But the argument also needs a reality model. I can't see this, and I will try this method between the advantageous bank and the foreign exchange fund, and set a maximum of the upper limit of the transaction of the Hong Kong dollar per day."
In the end, the Hong Kong dollar degraded to the Hong Kong government, or it would not start the brain of the bank's interest rate.
In this context, the Samadi's Financial Secretary is still competent, facing a rare feasibility plan, from the kindness, "Also, please make a reasonable internal exchange rate as soon as the Financial Authority will make a reasonable internal exchange rate, how is the effect? ? "
"That is so fixed, I will go to the UK and the country, please ask the economist to argue." Higher strison GBE, JP, Members, do you have a big hand.