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AliNovel > Rebirth of the American Tyrant > Chapter 402

Chapter 402

    Paul Volcker announced that he would not seek re-election. Although this news is somewhat unexpected, it is also reasonable.


    Obviously, the high bank interest rate has caused many contradictions. And this great God insists on using high interest rates to suppress inflation.


    Of course, the effect is very significant, but many small and medium-sized enterprises and farmers have become victims. If you insist on being tough, the old man is really in danger. In a country where guns are rampant, it''s not pleasant to be the target of public criticism.


    Of course, the one sitting in the Oval Office today doesn''t like to see him very much. You have such a high interest rate, man, how can you raise GDP? No one will invest any more. There is also a fart employment rate in the United States. Didn''t you see that? That bastard William White is buying Treasury bonds.


    Now, the stubborn old man has gone to teach. I hope he will have a good time and never come back.


    In the face of this situation, William White is very indifferent. The old man is also a smart man, and he knows it''s time to retire. If it goes on, it may be difficult to end well.


    As a matter of fact, Paul Volcker is a great contributor to the success of the United States in climbing out of this economic crisis. He not only ended the Bretton Woods system, the biggest obstacle to the economic development of the United States, but also completed the task of industrial transfer.


    As the boss of the Fed, he did a good job. As for the actor now, hehe, it''s just a performance time, and it will be over in a few years.


    In the next few decades, he will be a God to be looked up to. However, he also opened Pandora''s magic box, as long as the U.S. emperor needs, they can print the U.S. knife anytime and anywhere.


    As for inflation or something, I''m sorry, you other countries are in charge. You''d better buy more treasury bonds. Otherwise, once so many US dollars rush to the market, double-digit inflation will be inevitable.


    "Boss, the Fed has a clear signal to cut interest rates." Phelson looks dignified, he is 100% sure that if the news is implemented, rice stocks will soar again.


    "Ha ha, it doesn''t matter. Don''t worry about it. If I''m not sure before, I''m very sure now that there will be a major change in the US stock market." William White confirmed that a substantial interest rate cut can stimulate investment, but the risk is enormous.


    The most terrible thing is that you have no entity to invest in in the United States, and all the currencies will enter the financial sector. In the long run, the problem of industrial hollowing out will inevitably occur in the United States.


    William White believes that the financial sector should serve industry. You can''t reverse the subordination between the two. It''s not a healthy economy.


    "Boss, our think tank still insists that China''s stock market is overheating and there are very serious problems."


    "Well, I believe your judgment. Don''t worry about the comments from the outside world. The market is a little crazy. They can''t hear the warning of danger. Most importantly, I really don''t need to take any risks. You see, the gap between the world''s richest man and the following is too big. I hope they work hard. I can wait a little bit. "


    Philson is speechless. He says to himself, "now that you''ve been sleeping for ten years, no one can close the gap with you.". If you include the wealth in your funds, the top ten consortia are not enough. You have at least more than half of the assets of the consortia.


    Now William White is a little worried. Instead of considering the details, he has to work out a general plan. The depreciation of the US dollar is a foregone conclusion. How can he ensure the appreciation of his assets.


    "William, the Fed has changed. I''m not going to call." To be honest, little Bushu still takes care of him. In other words, for them, William White is also a very important help.


    "Greenspan? Ha ha, our ideas are different. You may not believe it when you say it. Although the old guy who left didn''t like me, I really appreciate his policy. " With such a sentence, little Bushu was a little dizzy. He didn''t expect that the policy hated by Texas farmers was pursued by William White.


    "No, William, if we carry out such a high interest rate again, our employment will be over."


    "When the employment problem is solved, what about inflation? You don''t know they''re printing knives, do you? Lowering interest rates is nothing more than drinking poison to quench thirst. "


    William White doesn''t think it''s necessary to be nice. He knows very well that both sides naturally don''t deal with each other. Unless his family gets a seat in the Federal Reserve.


    Of course, no one likes the addition of new forces. People have played this game for many years. Why should they accept a new person?


    What? You have a lot of money.


    ha ha, how many beautiful knives are printed every year has the final say, and the money is just a figure.


    Why do American companies like crazy lending?


    They didn''t look at these green bills as money. No matter how much money you have, it''s useless. You have to have fixed assets. Otherwise, everything is empty.


    As you know when you are abroad, the use of cash is not very big. Why do you grab so much money in a place where you have to use credit card to buy Coke?


    William White didn''t feel very interesting after he refused the kindness of little Bushu. He''s going to go out.


    "It''s interesting to like tightening policy. It''s not like finance.""Daddy, I feel like he''s worried about inflation."


    "Hehe, also, this guy has too much money. Of course, he is worried about the damage to his assets. Legendary world has suffered a lot this time."


    "Daddy, do you think the guys in the Justice Department are stupid? This time it''s a joke all over the world. "


    "Well, son, it''s just a pity that someone miscalculated."


    It''s more than just a miscalculation. Today''s Ministry of justice is a Torah. Some people have begun to scold the national thieves.


    Of course, there are footpots that suffer from the disaster. Why is your market OK? This is really hateful.


    What people didn''t expect is that the footpot people actually said that the royalty system of legend world is very good, we just borrowed it. Why do you oppose this kind of policy? We find it difficult to understand.


    The plucked guys said they were very happy. If you onlookers were not involved in the cooperation, we would not be able to play this time without adjusting our strategy in time.


    The difference is that the money should have been given to legend world, but now it can only be cheaper for our association.


    It''s a slap in the face.


    After the news came back, the American emperor was embarrassed to find fault. After all, we are all people with status, and you can''t be a rascal all the time.


    With this extra meal, it is conceivable that the Ministry of justice has encountered doubts. Are you sacrificing yourself for others?


    The logical chain of William White is too simple. So much so that there''s a lot of noise coming out of the Department of justice. If we continue to play like this, we really don''t know what will happen in the end.


    They also said that they would work closely with legendary world in PS2 project. This time, they participated in the development as franchisees.


    The answer is revealed. The legendary world has changed channels. You have the ability to continue to fight against monopoly.


    This time, legendary world will withdraw from the United States. When the time comes, it''s up to you fools.


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