Rebirth of Hong Kong 1981

"I can't move, come and feed me."

"Ah..." Xiao Yu heard this, and the pork ribs in her hand fell directly into the bowl, followed by that little face, she didn't know how to describe it, anyway, within a few seconds, it turned red and transparent.

Seeing Xiaoyu sitting there motionless, with a silly and pretty appearance, Yang Chen couldn't help urging: "Don't be dazed, hurry up, I want to eat ribs."

"Rice... ribs" Xiao Yu subconsciously picked up the ribs that fell in the bowl, then glanced at the ribs that had half of the meat bitten off in her hand, and then turned her gaze to Yang Chen who was staring at her.

Xiao Yu's actions made Yang Chen's face darken immediately.

Although he didn't mind a beautiful woman eating leftovers, but with so many people at the table looking at him, he couldn't help but give her a blank look.

When Xiao Yu saw this, she felt aggrieved, neither if she entered nor if she didn't enter, she glanced left and right at the big guy, seeing everyone was staring at her, Xiao Yu silently put the ribs into her mouth, lowered her head and pretended to be stupid.

Yang Chen fell down immediately, and the others didn't know what to say.

"Okay, Arjun, stop making trouble, and hurry down to eat."

Sure enough, in the end Xue Yufei couldn't bear it anymore.

Xue Yufei spoke, He Chaoqiong naturally didn't want to make trouble anymore, but before leaving, one hand twisted around Yang Chen's waist, until Yang Chen gritted his teeth with hatred for her, and then triumphantly got off Yang Chen's body.

In order to avoid being retaliated by Yang Chen, He Chaoqiong changed seats with Chen Yulian and asked her to sit beside Yang Chen.

Seeing this, Yang Chen also ignored her lazily. There was a table full of food, and his stomach was growling with hunger.

"Chen, have we made a lot of money?"

"Ah?" Yang Chen took a mouthful of rice, looked at Xue Yufei, and said vaguely: "What makes a lot of money?"

Xue Yufei didn't speak, and pointed to the TV.

On the TV, a report on the Plaza Accord is being broadcast.

"Asia Times reported that according to reliable sources, today the finance ministers and governors of the five central banks of the United States, the island countries, East Germany, France, and the United Kingdom signed a currency agreement at the Plaza Hotel in New York.

The content of the agreement is that the five countries will jointly intervene in the foreign exchange market. The main purpose is to lower the value of the US dollar and increase the value of the Japanese currency and the mark, so as to solve the huge trade deficit problem that exists in the United States today.

Some Wall Street economists have analyzed that there will be large fluctuations in the exchange rate between the US dollar and the Japanese yen and the Mark in the near future.

Yang Chen looked at it for a while, grinned, and then continued to lower his head to pick up the rice. He finally knew why Xue Yufei and the three daughters were so happy to cook such a big table of food. The relationship was because of this.

Now the three daughters put most of their private money into it, so they are naturally very concerned about the movement of the yen.

Therefore, as soon as the Plaza Agreement came out today, the women couldn't sit still. This table of food was obviously to reward him.

"Don't laugh, tell me quickly." Seeing that he was silent, He Chaoqiong tapped the plate in front of him with his chopsticks.

Yang Chen raised his head and gave her a blank look, and said in a leisurely manner: "This is just the beginning, what's the rush, I'll tell you guys after this month is over."

For this plaza agreement, Yang Chen prepared for a long time in advance, and naturally he would not let go of the good opportunity to make a lot of money, especially if he was making money from the islanders, he didn't feel any pressure in his heart.

However, he knew one thing very well. This time, there were many people sharing the cake, and there were more crocodiles. It would be too difficult for him to eat alone, otherwise it would easily arouse the hatred of everyone.

He has laid out in the island country two years in advance, and both real estate and the stock market have occupied a considerable share in advance. If he continues to seize too much in the currency market at this time, it will be too easy to attract people's envy.

Jealousy is the root of all evil.

Enough is the way to survive.

However, the cake of yen is big enough, even if he doesn't look ugly and knows how to stop, he can still make a lot of money in the future.

The appreciation of the yen is real, does not contain any additives, preservatives, and is less affected by the situation than the previous Falklands War.

Originally, after two or three decades of rapid economic growth in the island country, there was already a lot of room for the appreciation of the Japanese currency. The signing of the Plaza Accord this time did not mean that a small river would flow into a large river and add a little water to the large river.

Instead, pour a bowl of water into a pot of hot oil.

Although the signing of the Plaza Accord has the intention of the United States, Britain and France to oppress the island countries and Germany, but compared with the island countries, they actually have their own careful thinking and small calculations.

Chapter 913

With the saturation of the domestic market economy in the island country, companies in the island country have been expanding abroad in recent years, and the appreciation of the yen can largely save a large part of the funds for those companies expanding abroad.

The islanders are not stupid to spend less money to buy things of the same value before, and they are naturally very willing.

In fact, the idea of ​​the island government is very simple.

The governments of the island countries believe that as long as they control the appreciation of the yen within a range of [-] to [-]%, it will not cause too much impact on the existing market economy of the country.

The limited appreciation of the yen will greatly promote the current island economy, and even continue to promote economic growth.

The island country is a country with extremely scarce resources. Any of their industries, whether it is light industry or heavy industry, needs to import raw materials from abroad.

The appreciation of the yen can allow the island country to spend less money every year and buy more resources. A moderate appreciation of the yen is definitely beneficial to the economy of the island country, which is why the island country government did not object to signing the Plaza Agreement.

However, reality often differs greatly from expectations.

The international currency market is not under the control of the island country alone, and it is not up to the island country government to decide how much the yen will appreciate.

In the international currency market, a country's power is limited after all, and even an island country, as the world's second largest economy, cannot do whatever it wants.

Looking at the previous financial crises in the United States, if the national government could control the market economy, then there would be no so-called Great Depression, and things like Black Monday would have happened.

No U.S. president wants to see economic problems during his term of office. The economy affects employment, and employment is related to votes. If there is a way, successive U.S. presidents will not be helpless in the face of economic crises.

The U.S. government does not have the ability to intervene in the international currency market. Even if it does, the effect of intervention is very limited, because the U.S. government has too few resources to use, and even the Federal Reserve cannot fully control it. How can the brain-destroying U.S. government intervene in the market?

A paper agreement can only adjust the currency exchange rate for a while, but cannot truly control the direction of the international currency market as one likes.

Of course, the United States, Japan, Britain, France and Germany are currently the five largest economies in the world. If they really work together to intervene in the currency market, and the government can substantively implement the treaties signed in the Plaza Accord, then it is still possible to control the international currency market. , so as not to let it run wild.

However, in the eyes of Westerners, agreements between countries can always be torn up at any time, and some people can even take advantage of public opinion and adopt time-consuming and labor-intensive delaying methods.

In later generations, Americans are capricious, their words don’t count, and they change their minds repeatedly, which is already a common method. At the beginning, they tried their best to fool you, and all kinds of promises were clearly written, so you can rest assured 120 times.

When the goal is achieved, whether to do it or not is another matter.

This time the Plaza Accord is not only the United States, other countries, including the islanders, after the five countries signed the "Plaza Agreement", the various policies promised in the agreement, especially those measures linked to domestic financial and fiscal policies, Basically no one really goes to exact implementation.

In addition to selling US dollars, everyone is more united. After the Plaza Accord, the governments and central banks of several countries immediately sold a large amount of US dollars to the foreign exchange market, causing the US dollar to depreciate sharply.

In this regard, countries are doing more hard work.

However, this move by the Five Nations.

The subsequent impact will greatly exceed everyone's expectations. The follow-up effect is not uncommon in the financial investment market. What does it mean for ordinary investors to sell US dollars at the same time by several major economies?Needless to say.

For financial investors, the depreciation of the dollar means a shrinking of wealth, that is to say, their money will become less inexplicably.