Great Power - Chapter 547

“Beautiful as a flower?”

Quickly capture the key points in Kato Sen’s empty words. Of course, Camille knows that men are very playful. In the two schools where they stayed, the male students will talk about who slept with whom in private, just as the female students are talking about who has money and who has a good relationship with the senior.

For Zheng Jianguo, Camille did not expect him to keep her girlfriend until he got married, just like the legendary Republican man.

Because when Yang Na is still a vegetable, if she asks him according to the customs of that country, there will be nothing at all. That custom is said to be a moral code that is more binding than faith!

So until now, Camille has never asked the question Zheng Jianguo often faces when he is with other male and female friends: do you like XXX?

Camille was afraid to ask that question. Zheng Jianguo gave her an unprecedented sense of care and security. Especially when tens of millions of dollars of shares and tens of millions of pounds of real estate fell under her name, Taylor did not let her beware of Zheng Jianguo.

As for the students in the school——

Camille has only been in school for more than two months and has become a popular student. Half of these are given to her by Zheng Jianguo, so she wants to ask and is afraid to hear the answers she doesn’t want to hear from Zheng Jianguo.

Especially at this Christmas ball, Camille enjoyed the warm reception from the royal family, the of the prince, princess, Duke and marquis. I don’t know when she found that she couldn’t live without him.

Finally, Camille, who was under pressure, was prompted by two more mouthfuls of wine during the previous candlelight dinner, thus revealing some pressure, but he didn’t ask that question.

Camille was still afraid, afraid to hear the answer that she couldn’t face, so she heard Kato senkong’s statement and quickly said, “is it beautiful?”

Camille thought she looked no different, but when her expression fell into Kato senkong’s eyes, she knew that the girl was jealous. Thinking of Zheng Jianguo’s tightness to her, he smiled and said: “sushi will also be placed on her face when serving, so it doesn’t matter whether she is beautiful or not.”

“Oh, thank you.”

With a smile, Camille looked at Zheng Jianguo and said, “then my sister and I will go to watch TV dramas. I won’t disturb your chat.”

“OK.”

Camille and Joanna, who got up, waved their hands and watched them leave. Zheng Jianguo took the coffee in front of him, drank and said, “Kato sang, you should be able to think that I didn’t just bring them for Christmas this time.”

“Hi, Yi.”

Put away the smile on his face, Kato morikong showed a positive color and said, “I’ve done the information and said hello here. I’ll open a foreign exchange account after I go to work on January 5.”

Due to the nuclear leveling, the Japanese new year has changed from the lunar new year more than a century ago to January 1 at this time. It is neither Christmas in Europe and America nor the lunar calendar of the Republic.

In the Japanese new year in 1981, the national holidays in Japan were put on January 5, so the foreign exchange regulations implemented on December 31, 1980 actually began to be implemented on that day.

In his last life, Zheng Jianguo’s concept of foreign exchange was limited to state regulations, from no trading to free holding. He even didn’t know that he was allowed to carry daily necessities with a value of less than 200 yuan when he went abroad.

It was not until he went abroad in his life that Zheng Jianguo knew that private holding of foreign exchange was prohibited in China. If he remitted money to Zheng Fugui and Du Xiaomei from Boston, he had to change it into foreign exchange certificates in the bank. Before the foreign exchange certificates came out in 1980, they had to be changed into overseas Chinese exchange certificates, the front body of foreign exchange certificates.

However, with the opening of the country and the increase of domestic and foreign exchanges, many people with external channels need a lot of foreign exchange. On the premise that the country does not have any foreign exchange, it can only find ways to do it from other ways. Therefore, there are more sneaky figures around foreign-related commercial institutions such as people’s banks and friendship stores in the capital.

The management of foreign exchange is very strict. Zheng Jianguo already knows that this is not only the domestic requirement, but also the process similar to the domestic application and filing in advance in Japan, which has entered the developed countries. Of course, this is the previous situation.

On October 11, 1980, when Zheng Jianguo learned that Yang Na had been rescued by SAS and defended her in a custody lawsuit with the Yang family, Japan officially issued the Japanese version of the No. 260 decree on foreign exchange management of reform and opening up, which sounded the horn of Japanese yuan assets going to sea.

The reason why this decree is expressed as the Japanese version of reform and opening up, in fact, this is not a simple reform of foreign exchange management, but also involves decrees including the management of foreign trade and foreign investment.

The most important point is that the system of advance application and filing previously implemented by foreign exchange related institutions and enterprises removes the main means of plan management and volume control, and changes to the system of foreign exchange related institutions and enterprises reporting after the occurrence of foreign exchange transfer.

Generally speaking, you need to apply for the use of foreign exchange before. After the application is completed, you have to report to the Tibetan province for filing (at present, the Bank of Japan is still under the management of the Tibetan province).

After the change of this requirement, the restriction on application is removed, that is, it is OK to say how to use it. It can be regarded as liberalizing the control of foreign exchange import and export. When the domestic trade protection is removed, it also opens the cage for Japanese enterprises to go to the world.

If he didn’t go abroad and join the Harvard Club in his previous life, Zheng Jianguo must be black eyed about this. At most, he will shout wolf after seeing the news through some memories of his previous life.

But in this life, although Zheng Jianguo knew the change of the little devil, it was also because of the embodiment of the will of some people in America, but he still wanted to call the wolf!

In his last life, Zheng Jianguo has read many reports. Many so-called analysis experts and reports are saying that the little devils have lost 20 years or 30 years. They believe that Japan has not had any economic growth in the past 20 or 30 years, and the suffering people are miserable to an indescribable extent.

But what Zheng Jianguo saw is still the powerful one, which makes the United States lift up its trade stick and beat it hard, but it is still a developed country that can buy the whole United States!

In 1980, the per capita GDP of China, the United States and Japan were 194 US dollars, 12576 US dollars and 9313 US dollars respectively.

In 1985, the per capita GDP of China, the United States and Japan were US $295, US $18231 and US $11494 respectively.

In 1990, the per capita GDP of China, the United States and Japan were 348 US dollars, 23913 US dollars and 25195 US dollars respectively.

In 1995, the per capita GDP of China, the United States and Japan were US $608, US $28762 and US $43454 respectively.

In 2000, the per capita GDP of China, the United States and Japan were 958 US dollars, 36432 US dollars and 38533 US dollars respectively.

In 2005, the per capita GDP of China, the United States and Japan were 1765 US dollars, 44218 US dollars and 37228 US dollars respectively.

In 2010, the per capita GDP of China, the United States and Japan were US $4524, US $48310 and US $44673 respectively.

In 2015, the per capita GDP of China, the United States and Japan were US $8166, US $56436 and US $34493 respectively.

In 2020, the per capita GDP of China, the United States and Japan will be US $10986, US $65895 and US $42049 respectively.

Too horrible to look at, after the bubble burst in 90s, is the era when its national power has reached its peak. The reason why the economy has started ups and downs is that the first blow is the one who has started the whole business, and wants to be the first one to play the card. The GDP data are not enough to see the fact that the country is at its peak.

Crying and yelling, Xiaoyue’s economy is stagnant, so what’s the purpose of being so anxious for Xiaoyue?

In the GDP analysis from 2010 to 2020, a group of people with an average of less than one tenth of other people’s GDP cry and shout how miserable life and poor economy are for people ten times their own GDP?

In Zheng Jianguo’s view, it’s like gnawing at the head of a nest. It’s too bad to say that people who eat bread and drink milk don’t eat big fish and meat.

Of course, it’s really bad to eat bread and milk compared with beef steak and bluefin tuna fillets before!

After all, at the peak of bubble, all the small devil in Tokyo are starting at ten thousand yen, and what they send for birthday is gold bricks. The sushi is wrapped in gold foil, and the soup is spread with gold foil. As for the clothes on the body, it is unnecessary to say that gold wears diamond bought and bought all over the world, and summer hobby is to go to the indoor ski resort.

Fortunately, with the increase of learning, Zheng Jianguo also had his own analysis of these things. Combined with many memories in his previous life, he found his idea in the reform of Xiaoyue: Britain took the lead in issuing an IOU (pound sterling) based on gold reserves in 1821, By the disintegration of the Brinton forest system in 1973, the dollar abandoned the gold standard (it is also said that the United States collected the world’s gold through this system and then abolished this system), announcing the birth of the world’s first mainstream currency based on national credit.

The reason why it is the first mainstream currency endorsed based on national credit is that in previous history, many countries issued their own currency based on national credit only in that country or region, rather than circulating like sterling in the 19th century and US dollars in the 20th century.

The reason why Sterling became the main currency in circulation in the 19th century is that each pound represents 7.32238 grams of gold, which can be used to exchange any bank for gold.

Due to the role model of British pound, most of the emerging countries after World War II are starting to establish their own monetary system based on the gold standard. At this time, the United States, which ended World War II, put forward a proposal through the largest creditor and World War II leaders: don’t make so much trouble and transport gold to me, Then I issue U.S. dollars according to the gold reserve, and your currency is linked to the U.S. dollar.

This year was 1945. This system is called the Brinton forest system.

In the face of the solution proposed by the largest creditor, the younger brothers who owed a lot of debt nodded and took it. However, the younger brothers did not expect to transport gold to the United States according to this agreement. In 1971, the United States announced that it would abandon the gold standard and disintegrate the Brinton forest system in 1973.

Before that, both the US dollar and the British pound were directly linked to the hard currency of gold, and the concept of foreign exchange can also be considered to exist in disguised form with gold as an anchor, that is, in the 19th century, the British pound can be exchanged for 7.32238 grams of gold, and before 1971 in the 20th century, a US dollar can be exchanged for 0.80998 grams of gold.

Therefore, before the disintegration of the Brinton forest system in 1971, the currencies of many countries were pegged to the US dollar according to the fixed exchange rate (including the Republic and the Soviet). However, due to the economic development of various countries (mainly developed countries with free capital), the currencies of various countries actively appreciated or depreciated.

The West German mark and the Dutch guilder, which could not bear the pressure, were the first to give up. The two countries successively announced the implementation of the floating exchange rate system in May 1971. Three months later, in August 1971, Nixon announced that the direct exchange of US dollars into gold was prohibited, announcing the formal collapse of the Brinton forest system.

In order to maintain the dominance of the US dollar, the United States signed the Smithsonian agreement in December three months after the disintegration of the Brinton forest system, officially liberalizing the US dollar and gold at the cost of recognizing the floating exchange rate system of countries other than France (Gaul chicken disagrees).

At the same time, the US dollar can no longer be issued based on gold reserves, that is, relying on the strong credit of the United States, print as much as you want. The deficit of the United States began to increase steadily. So far, the US dollar has become the mainstream credit currency in the world!

Therefore, based on the free floating of foreign exchange, in order to adjust the balance of payments, intervene in the foreign exchange market, maintain international reputation and enhance resistance to economic risks, countries choose to reserve us dollars, which also gave birth to the emergence of the foreign exchange market!

Of course, the emerging foreign exchange market is still bound with a huge yoke. The foreign exchange transaction management system of various countries is still based on the previous Brinton forest system.

Not to mention that the Republic will not open up until 1992, the NFA based on futures and foreign exchange trading, fully known as the National Futures Association in the United States, has not been recognized by the U.S. Commodity Futures Trading Commission, that is, the CFTC, and belongs to dog meat that can’t even be on the table.

Now, Zheng Jianguo knows that the yen will double in five years, and he has a lot of dollars in his hand. He can mobilize the same amount of dollars, and Japan has also liberalized foreign exchange management – who knows how to make a wave in the foreign exchange market?

Such an idea flashed through his mind. Zheng Jianguo was stunned by Kato senkong opposite. Now it seems that the foreign exchange market is still wild. Do you want to step in and collect commission?

But many traders in my memory went bankrupt?

It’s a pity that this person can’t talk to the people of Harvard Club anymore. Otherwise, the more he tosses about now, the more accurate he is. The more difficult it will be to get out at that time. It’s impossible to really immigrate, right?

It seems that there is no big reason for the big bubble in housing prices.

Looking at Kato Mori’s eyes, Zheng Jianguo nodded: “I don’t know how much money Kato Mori can use?”

“This is a shame.”

On his white face, Kato senkong bowed with his straight upper body. When he raised his head, he became ashamed: “the amount I can use is about 3 billion yen!”