Rebirth of the Financial Overlord
Chapter 690 The King's Feeling
January 11, 1993.
US capital, Washington.
Alan Greenspan, chairman of the US Federal Reserve Board, spoke at a press conference: The US Federal Reserve Board announced on the 21st that it will raise the target range of the federal funds rate by 50 basis points to the level of 3.25% to 3.5%.
The Federal Reserve announced that since the middle of last year, the U.S. economy has continued to expand moderately, the labor market has further strengthened, and the unemployment rate has declined; household consumption expenditure has grown moderately; the inflation rate has risen since the beginning of the year and is higher than the long-term target of 2%.
In view of this, the Federal Reserve Bank decided to increase the target range of the federal funds rate by 50 basis points to 3.25%, and expected to raise interest rates three to four times in 1993, maintaining loose monetary policy to further strengthen the labor market and achieve inflation targets.
It is worth pointing out that this interest rate resolution was passed unanimously.
BNP Paribas, J.P. Morgan, Morgan Stanley and others see rising expectations for growth and inflation from the labor sector and economic data, coupled with a tightening labor market, It gave Fed officials the confidence to raise interest rates for the first time this year.
Some analysts predict that the Fed's interest rate hike will start the cycle of interest rate hikes since the oil crisis, which means that the US economy has fully recovered after the shadow of the Cold War ended.
The U.S. economics team of the French bank Jiuding said that the Fed will raise interest rates by 50 basis points and expects to raise interest rates four times this year. This shows that the Clinton administration has received full support from Congress, the Federal Reserve Bank and Wall Street, laying the foundation for the New Deal and economic growth. Base.
The first paragraph of the policy statement is likely to contain an upward revision to the economic assessment, noting that risks appear to be balanced.
BNP also expects no change in the values in the dot plot, as it is too early to make major revisions to the summary of economic forecasts. Most of the FOMC may prefer to stay on the sidelines.
On the other hand, the biggest concern of Fed Chairman Alan Greenspan's press conference is how the Fed responds to changes in the fiscal outlook.
Candace Browning, an economist at Bank of America (BOA), said there is room for the market to raise interest rate expectations for the Fed in the coming years. The inflation party has already begun, and the core PCE price index is expected to rise to 1.9% by the end of the year. Even without hedging, it will approach the Fed's 2% inflation target.
Michelle Meyer, an economist at Bank of America, predicts that the Fed's interest rate hike will stimulate the dollar to strengthen, and the return of capital from other countries to the United States will stimulate the dollar to end its low volatility.
Analysts pointed out that it is worth noting that the U.S. November non-farm payrolls report released last Friday showed rapid wage growth in the U.S., making it very easy for the Fed to raise interest rates further. Investors are expected to pay attention to Fed officials' concerns about low inflation and the possibility of a rate hike in the second quarter.
Robert John, Chief Strategy Officer of British First International Capital and spokesman of Shen Jiannan, an international monetary and financial expert, said that the Fed's interest rate hike has already been expected, and he is optimistic about the future of the US economy.
The Fed's interest rate hike will further confirm that the dollar has ended its down cycle.
Not long ago, First International Capital had already injected one billion dollars of capital into the United States, and will make additional investments in the United States.
Like a super nuclear bomb, it hit the sea which was already not calm.
Swedish Krona, Norwegian Krone, Italian Lira, French Franc, Japanese Yen and many other countries' currencies have experienced varying degrees of decline due to the impact of the Fed's interest rate hike.
Among them, the Swedish krona and the Norwegian krone experienced the largest declines. The Norwegian krone fell by 15% in a single day, and the Swedish krona fell by more than 17.5% in a single day.
1.14 days.
Sweden's central bank announced that it will change the fixed exchange rate to a free floating exchange rate.
1.15 days.
Norway's central bank stated that the fixed exchange rate is not in line with Norway's current economic development, and in order to adapt to a more effective monetary policy, it has changed to a freely floating exchange rate.
London, England.
Robert John finished the press conference and returned to the office.
The little girlfriend, Baden-Powell, was watching a movie, and the old carrot went to the computer, and excitedly hooked Ruth.
Ruth Baden-Powell understood, twisted her mature body, and asked with a smile, Honey, what's so happy about it.
The old carrot head was full of crazy excitement and excitement, pushed his little girlfriend down on the desk and said, Baby, come on, let's press this button together, as long as you press this button, Turkish money will become useless from now on. Paper, 60 million of them will have to be stripped of all their clothes, even their underwear.
This is so fucking crazy.
Ruth Baden-Powell couldn't help getting excited. Of course she knew what the old carrot had done recently, but just pressing this button, could it be possible to rob a country?
Jesus, that's the Ottoman Empire, the former overlord of the Mediterranean.
Old Carrot didn't care so much, he impatiently grabbed Ruth Baden-Powell's hand, and pressed the Enter key together.
Snapped!
In an instant, a series of incomprehensible codes and numbers flashed on the computer screen.
Thousands of set programs are transmitted to countless computers through the central computer, and various traders report to the international spot foreign exchange market.
£T. Sell 6666666666 Price 666666
£T. Sell 6666666666 Price 677777
£T. Sell 66666666666 Price 678866
On the huge display screen hanging in the office, densely packed numbers ravaged the sky like locusts. Under the pressure of these densely packed selling orders, the Turkish lira broke through the exchange price of 700,000 in an instant.
1 US dollar = 700000 £T.
At this time, the United States, Wall Street.
In the office buildings, large and small, the telephones are busy ringing non-stop.
When the Federal Reserve announced its market operations, major investment companies have discovered business opportunities based on their rich experience.
USD/£T, buy 100.
USD/GBP, buy .100000.
buy
It's all a buy.
With the purchase of different currencies in large sums, the U.S. dollar is like a crazy bull, from the average technical index of 73, all the way to the exchange index of 75.
And those currencies that were sold because they were bought were sold on a large scale.
Among them, the Turkish lira is the most tragic.
Like a premeditated blow, major investment banks, trade organizations and mining companies all over the world suddenly sold the Turkish lira in the market. Moreover, even merchant ships sailing to Istanbul, Turkey, as well as merchants and enterprises that have a lot of trade with Turkey, refuse to accept Turkish lira when conducting trade.
Everyone knows that the Turkish lira is going to die.
The exchange ratio of 700,000 is simply a shame in the history of human currency.
A woman with both beauty and connotation, a woman who is both traditional and fashionable, a woman of mixed race, who has both Eastern and Western blood.
Would you admire it?
Will you be obsessed?
Would you fall for it?
If you compare a city to a woman, then Istanbul in Turkey is such a superb woman.
In history, there used to be the Eastern Roman Empire and the Ottoman Empire, both of which were giants spanning Europe, Asia and Africa. In contrast, Turkey now has become a pocket version.
From the Eastern Roman Empire to the Ottoman Empire, Istanbul has been the capital of empires. The ancient capital of nearly a thousand years has experienced the continuous baptism of the two religions, leaving many relics of ancient civilizations.
Europe, Asia and Africa intersect, where Eastern and Western civilizations collide and merge into one, forming a unique hybrid.
The sea is dark blue, there are no big waves, but they are always rolling. At dusk, standing on the bridge, overlooking the other side, the skyline of the old city highlights the domes and spires, seagulls fly freely, ships pass by slowly, clouds rush in the sky, and the afterglow of the sun sets on the clouds, Reddened, sprinkled in sea water, shimmering.
Kemal Kemal, the founding father of Turkey, said: Whenever you stand here overlooking Istanbul, and cars drive by your side, you will feel like a king.
Topkapi Royal Villas in Fatih District.
Shen Jiannan tasted what Kemal said.
At this moment, lying in this thousand-year-old ancient capital, Ayutthaya, he deeply felt the joy and happiness of the king.
A pair of thirty-six large headlights, glowing with crystal milky white, flashed across the eyes, while two pairs of plum blossoms with pointed lotus leaves were gradually blooming, delicate and beautiful.
The combination of Chinese and Western architecture in the entire urban area is so harmonious. The basic charm of Chinese style and the architectural symbols and details of Western style complement each other, which is not only full of aesthetic pleasure, but more importantly, makes living comfortable and close to nature.
The romantic and solemn temperament, the high foyer and the grand gate, the circular arched windows and the stone masonry at the corners are full of grace and luxury. Fresh and unconventional, the gray plaster walls combined with light red roof tiles, continuous arches and corridors, and the living room with tall and large windows make people feel refreshed.
Elegant, exquisite and comfortable, the porch and hall stretch to the north and south, low windows and hexagonal viewing bay windows are set up in the hall and bedroom, the restaurant connects the north and the south, and the indoor and outdoor scenes blend together.
It can be seen that the mother who was given the name Shen Rou showed the greatest maternal love and gave everything she had to the embarrassing but greedy daughter Shen Nana.
The two sisters are connected physically and mentally, and they are humble and polite. They were given the name Shen He Nana after tasting it and gave it to their younger sister Shen Qiqi.
The three cooperated seamlessly, although everyone was salivating, but no one swallowed it alone.
Shen Jiannan felt Kong Rong's virtue of making pears, and at the same time appreciated the great state of mind that the Turkish king once had.
In this foreign country, who would have thought that there is also great maternal love and sisterly love.
The villa has three floors, built on the hillside, each floor has its own merits.
Entering the gate, you will find a narrow path paved with cobblestones, lined with bonsai flowers and trees in various shapes, which is pleasing to the eye and at the same time irresistible.
The exquisite villas with rural style are scattered among the shade of green trees. Being in them, whispering softly seems to be far away from all the hustle and bustle of the city, and the feeling of tranquility and remoteness is fascinating.
Classical and cheerful, the steeple-shaped slanted roof and the vines attached to it form an interesting contrast. Fresh and unconventional, it makes people's hearts flutter.
Squeak!
The door was suddenly pushed open from the outside.
A pair of slender legs landed on the cashmere carpet in the room with high heels.
It was Claudia Cardina, who came back from Italy in the dusty world, and her best friend Sophie Calome, looked at the four people in the room and snorted dissatisfied.
The mother and daughter of the Shen family were so frightened that they didn't dare to breathe, they lowered their heads and covered their heads under the blanket.
Poor Shen Qiqi couldn't get away for a while, she could only put her head into Shen Jiannan's chest, her face was flushed, she felt like a thief who was caught stealing food.
The scene was once awkward.
Although she has known many things since Claudia Cardina became pregnant, it was the first time she was caught like this.
Sophie Calomey, on the other hand, didn't think it was a big deal, and with a smirk on her face, she went over and tore off the blanket that wrapped Shen Qiqi and herself on Shen Jiannan's body, and said teasingly: My dear, you are such a top-notch scum, I Never seen a bastard like you.
Shen Jiannan was also embarrassed.
Claudia Cardina has family support behind her, as well as political party support, and Sophie Calome is the person whom the Calome family has already decided to marry her.
Now, being caught off the hook, it would be a shame to speak out.
But at this time, what can I do.
Patting the trembling mother and daughter, Shen Jiannan said to Sophie Kalumey, Okay. I admit, I'm an asshole. But can you let me put on my clothes first?
Sophie Karonmei brushed her hair and took a handful of Shen Qiqi's body: I mean, do you want this lovely sister to hate you? If you can't, then I will do it.
.
.
Half an hour later, Shen Jiannan brazenly dressed in a neat suit and arrived in the living room.
And Sophie Calomé was behind, with a winking eye as she buttoned her clothes, and sat next to Claudia Cardina.
That Lamont guy has negotiated with the tobacco company today, but he said that the government has not agreed to sell the tobacco company yet, so he can't make the decision.
What about the refinery?
The same reply, you know those guys, they are eager to sell the refinery, but now, the military is suppressing the people on the street, they dare not make decisions rashly.
Inflation in Turkey has reached unbelievable levels as the lira fell below the 700,000 mark.
Many people took to the streets and began to attack the government for demonstrations. Therefore, the Turkish military assisted the riot police and started a tug-of-war confrontation with the people.
Molotov cocktails, Molotov cocktails, and rubber guns were constantly ringing in the streets. Tens of millions of people held up protest signs in various government departments, cursing the incompetence and corruption of the government.
But what ushered in was chili sauce, batons and even loaded bullets.
At this time, the Turkish Presidential Palace.
Central bank governor Engel Altan Kadi paled and said: Right now, our only option is to ask other countries to borrow money to stabilize the exchange rate and fight inflation, but I contacted every country except Turkmenistan, those damn bastards They're all ready to stand by and watch.
In the past, the Ottoman Empire did not have a good relationship with neighboring countries. Whether it was Italy, Greece, Spain or Egypt, they all suffered from aggression and war.
Coupled with the conflict of beliefs, therefore, with the dream of the Mediterranean hegemony, Turkey, the Great Turkic Empire, has reached the end of its rope at this time.
Except for Turkmenistan's support of 100 million U.S. dollars, no country is willing to lend them a dime.
This is a very serious problem, because everyone present knows in their hearts that faith can make people prostitute, but it cannot defeat starvation.
If the situation continues, it will shake the government's rule.
Lei Mingda Ydal Erjilian discussed with his staff for a long time, and asked, Then what better way do we have now?
Engel Altan Kadi said with his head down: There is no better way, only the only way, to apply for loan assistance from the IMF.
Snapped!
Mir Zaoru slapped the table with a slap, and said angrily with his eyes wide open, This is absolutely impossible, those damn bastards are waiting for us to ask them for help.
No one spoke, because everyone knew that Mir Zaoru's words were correct.
The IMF is not a public welfare organization.
According to the loan agreement, if you accept the IMF's help, you must agree to the IMF's officials at all levels to go to Turkey to carry out reforms.
And with this reform measure, anything can happen.
For example: cut military spending.
Turkey's annual expenditure on military construction accounts for more than 30% of its fiscal revenue. The IMF has reason to believe that such a large military expenditure will affect Turkey's economic development.
At this time, Washington.
At the IMF, a reform vote unprecedented in history is underway.
First International Capital invested US$1 billion in the IMF, which will account for 2.8% of the rights allocation.
This is the only application for joining by an investment institution from a non-sovereign country since the establishment of the Monetary Fund.
I agree with First International Capital to join. The European monetary system is now in a huge crisis. With First International Capital's one billion dollar stake, it can help more countries recover their economies.
After initiating the vote, Italian director Perard Gossman raised his hand in agreement.
Then, the Swedish director objected: I object. The establishment of the IMF is a mutual aid initiated by the country's sovereign reputation. First International Capital is only an investment institution and is not eligible to join.
Robin Leigh-Pemberton, the former Governor of the Bank of England and the current director of the British IMF, raised his hand and said: I support First International Capital to join. To ensure the normal functioning of the global financial system. And now, Europe is going through an unprecedented currency crisis. Our purpose is to help them avoid another war. First International Capital has joined the IMF for the peace of mankind. To contribute to development, what reason do we have to reject such kindness?
Can I have some Bilian?
What has that bastard made you Britain, and you still support him.
A group of people looked at Robin Leigh-Pemberton with contempt in their eyes. Everyone knew that the Bank of England lost a lot of money precisely because the pound was attacked by First International Capital. .
And the governor of the central bank at that time was the current director.
I was beaten up by someone, but I turned around to support him, can I be more despicable.
Robin Leigh-Pemberton, a gentleman's gesture, let everyone despise him and voted for it.
no way.
The Seven Eyes Alliance investment company registered in the Cayman Islands not long ago, the Prince of Wales and the Royal Family, has a 3.8% stake.
As the United Kingdom voted in favor, Sergey Maillard, the director of Damao, also raised his hand: Damao supports the joining of First International Capital, which is for the help of peace for all mankind.
This is so... It's like sending a ladder to heaven.
No, it's just blowing the plane.
Who doesn't know that Sidorov's only daughter, Yulia, has an affair with Shen Jiannan of First International Capital, and the two show off their affection in public all day long.
Just want to come in to gain benefits and just say it, it actually involves the peace of all mankind.
What the hell, don't you even want your face?
But what can anyone do?
Bulgaria agrees!
Ukraine agrees!
Georgia agrees!
Belarus agrees!
Finland agrees!
.
Immediately, many people looked at the American director and president Michelle Condesuu.
Everyone knows that now Da Mao and the United Kingdom have voted in favor, whether First International Capital can join or not depends on the attitudes of these two countries.
No one was surprised and looked at the Indian director beside him.
India's stake is heavy and opposition is effective.
India opposes!
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