Babylonian Empire

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This is simply financial crime, those investors, too lawless!

Unfortunately, faced with this situation, they have no choice. It is simply impossible to find out who is behind the numerous flows of funds, especially since these funds are divided into many shares. In different accounts, it is impossible for them to find the mastermind behind it. Even if they find it, what law do they use to sentence the other party?

James' face turned pale, because during the half an hour of his discussion with Paul, the dollar continued to fall, and soon fell by another [-]%.

"Yes, we must immediately request to see President Reagan and ask him to allocate special funds to rescue the market quickly!" James said.

The international market does not wait for anyone. If they cannot immediately invest a large amount of money in the process of remediation, the dollar may fall to the bottom. In this way, before they have enjoyed the benefits of the depreciation of the dollar, they have already had to Facing a severe economic winter: if the dollar depreciates excessively, the dollar will be worthless. When Americans buy raw materials in the international market with dollars, they will have to spend more, that is to say, their production costs And the cost of living has risen sharply, which is very scary.

Now, such an absolute situation has formed in the international market, how much money do they need to invest in order to save it? 500 billion?Certainly not enough, if you want to reverse this situation, you have to fight against all the international speculators, conservatively estimate, you have to come up with 3000 billion US dollars!You must have enough funds to resist all investors!

3000 billion!When James thought about it, he felt a headache. Could President Reagan allocate so much money to him?I'm afraid $30 billion would be nice.

You must know that they have already borrowed funds from the Federal Reserve Bank for the subsequent investment.President Reagan, will cuts to military spending be offered to him?In that case, Weinberg would probably hold a pistol to his head and swear that he was sent by the Soviet KGB to reduce American military strength.

When they rushed to the White House, it was already early morning, and a new day had already begun.

Reagan was a little sleepy. Looking at the two big butlers in charge of the US finance, looking so uneasy, he knew that something big must have happened.

"Is it our dollar that devalues ​​the dollar?" President Reagan asked.

"No, after our efforts, it finally began to depreciate." James said.

"That means that the foreign exchange reserves we print out and stored by the island countries will depreciate, right? The products produced by our domestic enterprises will be more competitive to the outside world, right?" President Reagan pointed his own cigar, asked.This should be good news!

"Yes, but now our currency is depreciating a bit fast, which is simply too unusual." Paul said.

high speed?Reagan immediately remembered the stupid things done by his predecessor, President Carter's Secretary of the Treasury, and it took him several efforts to reverse the decline of the dollar.

Now, it won't happen again, will it?

"How fast?" President Reagan asked.

"Before we came, it had depreciated by 15.00%, and the depreciation started in the evening, which was the morning in Tokyo." James said.

Hearing this news, Reagan suddenly felt that his eyes were about to go dark.

If this speed is followed, when Tokyo ends the day's transactions, it will be the morning of the United States. When the Americans wake up and open their eyes, they find that the dollars they hold are no longer worth anything!

"Hasn't there been any movement all the time? We have invested so much money, how can we develop so fast now?" Reagan asked.

"We suspect that someone is secretly operating in an attempt to make a lot of money in the shortest possible time through this method," Paul said.

someone?This kind of person really has a heart!Actually want to make money from the United States and island countries!

"Now, it is very difficult for us to investigate who is operating in the dark. What we need to do is to reverse this situation as soon as possible and end this downward trend. Otherwise, we will face a serious economic crisis." James Said.

"What do we need to do?" President Reagan asked.

"We need to invest more funds to save the market. If we want to withstand this financial attack, we need more funds." James said.

"How much?" Reagan asked.

"1000 billion U.S. dollars." James felt that he should say less and see if the president can accept it, and then increase it later, so that the president can bear it, so it's better to say a little bit.

1000 billion!Reagan frowned visibly, $1000 billion, what is this concept?This year's national defense expenditure is only more than 5000 billion U.S. dollars.

Now, although it is only the end of September, defense expenditures have almost been exhausted, and new expenditures have to be added.In other words, there is still a huge fiscal deficit this year.In this case, where to find $1000 billion?

If James said that $3000 billion is needed, Reagan would be even more horrified.

"Mr. President, we must now provide enough funds to deal with this crisis, otherwise, our economy will be very dangerous." Paul said.

Why did Reagan not know.However, the problem now is that he can't afford any more money.

"We need to bring this incident to Congress for discussion. I hope Congress can agree that we can embezzle funds from other sources. Emergency first. The most I can mobilize now is no more than 100 billion U.S. dollars." Reagan said.

Certain military projects can be postponed first, and the funds can be diverted. However, if you want to reduce funds in other areas, such as public affairs expenditures, you need the consent of Congress.

Take it to Congress?How long is that?Even if it is to reduce by one percentage point, I am afraid that it will take ten days and a half months to discuss.

However, the United States is a mínzhǔ country, and the president does not have that much power, otherwise it will cause strong dissatisfaction among the people.

"Mr. President, we have no time and we must deal with this issue as soon as possible," James said.

"At the beginning, we planned to invest 200 billion U.S. dollars, and an additional 200 billion U.S. dollars. How much money can we spend?" Reagan asked rhetorically.

The words are full of accusations and doubts. I have invested so much money in you, why didn't you get this matter done?

James didn't say anything anymore, he knew that the president had tried his best.

But will those international investors who are waiting to make big bucks in the ever-changing investment market give him time?

The international market, of course, will not give him a chance!

When the next day, the U.S. Congress began to discuss whether to provide more funds for the financial sector for this incident, the violent turbulence of the foreign exchange market on the first day in Tokyo finally came to an end.

On this day, the rì yuan appreciated by 15.00%, and the ratio of rì yuan to US dollar has dropped to 218 rì yuan to one US dollar.

That is to say, if the US dollar is exchanged for rì yuan when the market opens today, the empty-handed white wolf can already make a net profit of 15.00%.

Today is just the beginning. A large amount of international funds have already heard the news, and all of them are pouring into the island country. The influx of these hot money will make the currency of the island country further appreciate, appreciate!

The sharp drop in the U.S. dollar this time has made some financiers realize that something is going wrong with the U.S. economy.

Chapter 9 Transferring to the Stock and Real Estate Market

In 77, the U.S. dollar once depreciated, but it took two years to depreciate by 40.00%. Now, it has depreciated by 15.00% in just one day.What is this concept?

This is only the first day!

The U.S. Congress reacted quickly. They did not need to discuss for a few days as usual, cutting public expenditures, cutting cultural, sports and social security funds. I hope the financial department can quickly solve this problem and stop the dollar from continuing fall.

But, things are far from that simple.

At the beginning, if the huge capital of the Far East Trade and Investment Corporation did not block the room for the appreciation of the rì yuan, then the United States only needs to sell a small amount of US dollars, such as 100 billion, which will definitely touch the market and let the rì yuan appreciate. Then, The other tens of billions are used to adjust the market's response and make this appreciation move slowly.

But now, their plan has been broken. Due to the malicious hype of certain investors' huge funds, it has caused a collapse. The downward trend of the past month has been firmly resisted. Just like a flood, it began to flood.There is another point, which is naturally the hype of international investors. They did not seize the opportunity last time the dollar depreciated, and they will definitely not give up this time.

On the first day, the U.S. dollar fell by 15.00%, corresponding to the rì yuan, and began to appreciate. This is just the beginning!

"We experienced a devaluation of the US dollar in seven or eight years. At that time, although it was slow, our US dollar depreciated by 40.00%, which caused problems in our economy and inflation. We have saved our dollar value and restored our economy to normal by raising official interest rates three times in a row and implementing a tight monetary policy. Now, the dollar has depreciated too quickly. Our expected goal is to depreciate by 20.00%, but Now, it has depreciated by 15.00%, and this is only the first day, so we must come up with a feasible way to save our currency value. We need to invest money to save the market. If we can't act quickly now, our citizens will We will face more serious economic risks." Paul started his appeal on the issues held in Congress to let these lawmakers see these dangers.

As for James, he has chosen to be silent at this time, otherwise, he will face the non-stop questioning from those congressmen, how did things become like this!

Finally, the Congress passed the proposal of additional funds, which will cut all kinds of funds to share the funds to rescue the market.

Holding 1000 billion US dollars in his hand, James finally regained his confidence. Even if the US dollar cannot appreciate, it is still possible to stop the trend of continued depreciation, right?