Reborn American Tyrant

"Now that they've found out that something is inappropriate, why, Alan, are you not at all happy that your prediction of the year has come true?"

Greenspan laughed bitterly, not to mention status, but at his age, there are few people who can still make fun of him. Paul Volcker is certainly one of them.

"Old man, let's not talk about this, every time we talk about the Internet bubble, someone will bring me up to ridicule.

It turns out that even if the stock price crashes now, it will be higher than when I brought up the bubble. Our richest man in the world claims that the act of predicting the collapse of stock or property prices is simply heretical.

This is because these predictions are usually not time-bound. If an official must make a prediction, he had better limit it to a time, or else he is a rogue, for it is a prediction that is bound to be accurate."

While Greenspan laughed bitterly, Paul Volcker laughed out loud. This damn Fed boss position is simply a target, and any change you make at the top, someone will always benefit and someone will be unlucky.

No, this wave of regulation has gone too far, and now even if you lower the interest rate for proper liquidity, there is no reaction from the capital market.

It doesn't matter if you lower interest rates, if they go up a little bit tomorrow, they're going to go down even faster the day after.

"Alan, so that's another Chicago School supporter?"

"Not really, he just thinks I'm stupid, but a proper interest rate is necessary.

Or maybe we were a little too hasty. Now, well, the Europeans are stuck with their little money and they're begging for change."

The slow devaluation of the euro, which the MiFed is happy to see, but what? You're almost directly discounting it by 20%, which is nigh on excessive.

Greenspan laughed bitterly, there's no such thing as a stupid person in this world. Look at that William White guy, he is desperately buying Euros, while screaming about exchange rate manipulation. Nima, this time, the Mickey Mouse car maker has the same aspirations and strongly demanded that the U.S. dollar be devalued.

As with stocks, the rapid decline is nothing, there will not be much exchange rate, which means that the cost of ownership is not low, your stock price is low now, it does not matter, if the bastards above do not want to blood loss, either fill the position to pull down the average price, or reluctant to sell and wait for a miracle.

Anyway, if there is no systemic risk, you are not in a hurry to use this part of the assets, there is always a day to return to a reasonable price.

The same is true for the exchange rate. A slow decline in the exchange rate is likely to lower market expectations, so that no one or institution will want to hold the euro. But, once you go too far down, you have a different situation.

People with a higher risk appetite will inevitably see this opportunity, and those who were considering investing in the Midas capital will choose to wait for now. After all, a direct discount of 20% is just too much.

One of the most troublesome things, the Gallic and Germanic people, are most adept at is manufacturing.

Especially the Germans, good quality and high price is their label.

However, now 20% off ah, you still buy what GM, direct Audi he is not fragrant?

The exchange rate falls, and there is an additional benefit. That is, virtual investment goes down and real investment goes up. You had originally planned to invest in an assembly line of some kind in Europe that would cost $100 million US dollars, but now, well, $80 million is enough.

As a result, it's an extremely bizarre scenario where the exchange rate and the stock market are down, and there's no rebound in sight. Yet the manufacturing boom is slowly climbing, an odd kind of scissors difference that the Germans like to see.

Before the capital markets were too good to be true, manufacturing was a miserable business, and the amount of money you made in your pocket, no matter how much you made, no matter how good you were, was insignificant.

If there is no capital market returns to compare, the money earned from these screws is actually not much.

But then, isn't there harm in comparison?

The result is naturally very bad, following the trend into the Nasdaq funds, directly have no return, to get back half of it, has been considered lucky, more people, directly pressed on the floor friction.

Now it's good that the Germans, having learned their lesson, are starting to get back to the channel they are good at, and they are choosing to ignore the unrealistic things.

Having come full circle, Hawk Sauce was stunned to discover that the plan to screw over their European buddies seemed to have been a mistake to begin with. Or maybe they were in too much of a hurry, and it's too much for you to leave people with no money-making effect at all. Now it's silly, there's no catch-up, and there's no more to be done. If you can't play, there's nothing wrong with admitting defeat and leaving the game, right?

But ah, that's not the kind of result that Hawk Sauce needs.

"Uh, is this bottoming out, or is the MiFed tightening liquidity?" It is not necessary to look at the price to determine whether the euro is rallying, and William White can easily make that determination when he sees the dramatic increase in turnover.

The email that was sent to you must have been unread. Well, the boss needs to rest, and you shouldn't interrupt him while he's on vacation, but if you're in a hurry for a reply, I'll send you to the border.

"Well, boss, I gave you the email. However, there are claims that Greenspan has been in contact with some of the biggest names in Europe."

Well, William White was amazed. It's good to have contacts, just get some paparazzi to take pictures. What about the head of the Federal Reserve? When it comes to security, it's no match for William White's woman.

"Did they hide in a hole in the ground to discuss it?

Generally speaking, aren't they just a few golf courses? There should be a resident paparazzo, it's a camera problem."

The news that it was only a small forum, and God knows how so many big shots could have appeared, was all they heard when the group of reporters swarmed in.

"The union is also starting to make a strong effort here, and in an election year, the MiFed, no matter how much it is, won't dare to make any moths. The donkeys are under a lot of pressure as the recent employment numbers continue to fall.

I can't imagine that being so far ahead of the curve, it's a problem at the last minute. It's fine if the financial market is bad, but if the job market also underperforms, Al is really in danger."

"Hahahaha, hahahaha, this guy is really unlucky. Silicon Valley, which could be a powerful arm, is now looking out for itself. It looks like they didn't get satisfactory financial support."

William White doesn't have any political ideas, but he has a good personal relationship with George Busch, which is not a secret in MiG, and many people know that.

However, most of the companies in Silicon Valley don't have any money, and that doesn't include William White. To paraphrase the guy's exact words, how am I going to spend all this money?