v3 Chapter 1374： The abacus for the appreciation of the yen

Huo Jianning quickly convened a think tank here. After the list was reviewed by Xia Yu, a meeting was held as soon as possible.

After three days of intense and meticulous research, the final action plan was released.

In Europe, the main body is the Bright Fund, and the basic market is still in the UK.

There is no need to move domestic assets in the UK, and as much as possible to mobilize funds to invest in the stock market, at the same time reverse short the US dollar, and then invest in the stock market after returning to the British pound.

Companies in Canada and Australia, on the premise of ensuring stability, also allocate funds in this way.

Countries outside of Europe and the United Kingdom, while ensuring the safety of the company, maximized their mortgage loans and obtained loans by repaying the U.S. dollars in US dollars. The loan funds were invested in the British, French, and Italian stock markets.

In the second half of 1987, Xia Yu would put all the money out and enter the island country’s financial market where the plate had doubled and doubled at that time. Of course, Xia Yu didn’t say this for the time being, he just secretly remembered this. With.

In the United States, the main body is Polaris Capital, and there are also companies that have no apparent relationship, such as Bridgewater Fund and Tiger Fund.

Because there are many banks involved, it is necessary to ensure safe funds and not all-or-none.

Therefore, the bank's funds first invest in gold to maintain its value, and then other funds enter the island country, some of which are only long in Japanese yen, and some are long in the island country's stock market.

Those wholly-owned holding companies under Polaris Capital directly diverted most of the liquidity.

For those non-wholly-owned companies, they will **** the blood of other shareholders and lend the liquidity to the financial companies under them at normal interest, and the financial companies will invest in the general direction. The loss of the depreciation of the U.S. dollar will be borne by them. Our side borrows chickens to lay eggs.

On the side of the Jiuding Consortium, they acted more resolutely.

Because the Hong Kong dollar is pegged to the US dollar at a fixed exchange rate of 6.1, most of the assets of the Jiuding Consortium are in Hong Kong dollars. The situation is the same as that of Polaris Capital's US dollar. It is not as secure as the British pound assets of Bright Fund.

Therefore, Xia Yu decided that in the next few years, the companies under the Jiuding Consortium will change the way of development and continue to expand, but will rely more on funds from banks outside the consortium.

As for the funds of these companies, they are lent as much as possible to the major financial companies under the Jiuding Consortium, and these financial companies invest the funds into the island country’s stock market.

For companies in island countries, it’s even simpler. If you can lend, you can borrow. After all, the interest rate is too low. If you can lend to US dollars, you can lend to US dollars. If you can’t lend to US dollars, you can lend to yen. among.

Major banks and Sunshine Credit Co., Ltd. aggressively increased deposit interest rates to absorb deposits, and invested funds in the stock market on the premise of ensuring the safety of the company.

Those real estate companies have increased their land acquisition efforts, using leverage to acquire land and using funds from other banks for development.

As for Xia Yu's Galaxy Fund, it goes without saying that tens of billions of dollars are all preparing to enter the island country.

…

The action plan is very detailed and the content is very long.

But in summary it is a kernel.

Use your own money to invest in appreciation, and use other people's money to invest and expand.

After the action plan was formulated, the family office immediately cooperated with Xia Yu to dispatch various first-tier companies around the world.

Except for the family office level, George Berkeley, Peter Lynch, Julian Robertson and others do not know the overall plan, but only know the action plan in their respective areas.

As for the lower-level companies, the orders received are also fragmented tasks after segmentation. On the surface, they are completely normal management decisions, and the possibility of information leakage is reduced indefinitely.

Soon, various companies began to move, and a huge flow of funds began to flow through the world's largest banking system.

And when Xia Yu acted.

With the passage of time, the high-level political circles of the island countries have made a clear decision on the depreciation of the US dollar after repeated research and analysis.

This afternoon.

After the end of the departmental meeting, the island country’s Deputy Prime Minister and Minister of Finance Takejoe Takenobi took the results of the meeting to the Prime Minister’s Office and reported to Prime Minister Yasuhiro Nakasone.

"Takegami-kun, you are here, please sit down!"

"Hi!"

After bowing slightly, Takejoe Nobori sat down opposite Nakasone Yasuhiro.

The secretary of the prime minister didn't need to order, and immediately made tea on the sidelines.

"Nakasone-kun, the Ministry of Finance just concluded the meeting. This time, everyone's opinions are more unified."

Takekami immediately reported with a deep voice to Nakasone Yasuhiro.

The latter's eyes condensed, and he straightened up: "Oh? Tell me about the specific situation."

Tokutake Takesami immediately explained the research situation of the meeting: "The opinion of the Ministry of Finance is to actively cater to the depreciation policy of the U.S. dollar and allow the yen to appreciate."

"First of all, the U.S. trade deficit has reached the highest point in history, and its trade with my country accounts for one-third. Whether we agree or not, the U.S. will devalue the U.S. dollar. If we actively cooperate, then we will automatically restrict exports. Concession to the United States, and if we do not cooperate, the United States is likely to impose trade sanctions."

"Since this year, major U.S. companies and associations have submitted more than 300 sanctions plans to the U.S. Senate and House of Representatives!"

"And we must rely on the United States politically and militarily. If the United States collapses due to its high fiscal deficit and trade deficit, then our backing is gone. So it is politically correct to properly meet the requirements of the U.S. government."

"Second, we are already an industrial power, but we lack various basic resources. Oil is settled in U.S. dollars. The appreciation of the yen against the U.S. dollar will help us purchase natural resources and strengthen our industrial manufacturing industry chain. It is conducive to our domestic enterprises to go abroad and expand through mergers and acquisitions worldwide."

"Third, although the appreciation of the yen against the US dollar will damage export-oriented enterprises, according to the analysis of the think tank, as long as the appreciation of the yen is controlled between 10%-20%, it will not affect our large domestic export companies. Big."

“Especially for large-scale manufacturing companies that consume large amounts of natural resources, the appreciation of the yen will reduce the cost of industrial raw materials. Even if the yen appreciates by 20% against the US dollar, my country’s products are still price-competitive.”

"The reason why it is recommended that the appreciation of the yen be controlled at 10%-20% is to take into account those small manufacturing companies that rely less on imported industrial raw materials."

"Fourth, our island country is already the second largest economic power in the world. A powerful island country needs a strong Japanese yen to support it. We can take advantage of this opportunity to push the yen’s position in international transactions as much as possible. Challenge the dominance of the dollar, but it can impact the position of the pound sterling."

"The above are all the opinions of the Ministry of Finance."

After listening, Yasuhiro Nakasone nodded in satisfaction and said: "Very good, the Ministry of Finance and Economics' opinions are similar to mine."

"Our country's economy has reached a bottleneck."

"In 1978, my country's gross national product exceeded one trillion U.S. dollars, accounting for 11.8% of the world's gross national product."

"But in the past six years, our gross national product has only reached 132 million U.S. dollars, and the proportion of the world's gross national product has dropped to 10.83%."

"This has our own factors, but the bigger factor is because the United States has continuously restricted us over the years. UU Reading "

"Compared with the United States, in this time, the proportion has increased from 27.4% to 33.1%."

"This time the appreciation of the yen against the U.S. dollar is an excellent opportunity. As long as our domestic enterprises go global, the GDP will not represent the true strength of our country!"

"The U.S. can print U.S. dollars to harvest the world, and we can also use the influence of U.S. dollars to issue Japanese yen to buy foreign assets."

Takekami Tobi smiled and echoed: "Nakasone-kun, what you said is too reasonable."

"Haha..."

Yasuhiro Nakasone couldn't help laughing openly.

"Takegami-kun, you still need to bother with this matter, communicate with the other four countries as soon as possible, and make sure you don't make mistakes."

"This is a great opportunity for the rise of my large island nation!"

"Hi!" Takejoyoshi solemnly replied.

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