You should know that the position of president of the Xiangjiang Financial Administration, which is about to be upgraded from the Xiangjiang Foreign Exchange Fund Administration, is almost placed in front of Sir Gao easily, and is perfunctory about the sincere exchanges of a future central bank president.

That's really a thin relationship.

So, in the end, Greenspan still showed the kind of free speech he had when he discussed with Sir Gao before he was the chairman of the Federal Reserve, and replied: "In fact, since the founding of the United States, although economic policies have taken the upper hand on the surface,

Hamiltonism is always an option for decision-making.”

Jefferson and Hamilton mentioned in the speech of the new Fed Chairman were two founding fathers of the United States - Thomas Jefferson and Alexander Hamilton. The former was the first US Secretary of State and the latter was the first US Secretary of Finance.

If you remember the names of complicated and boring historical figures in the most easy way to leave an impression, Alexander Hamilton was the one who duel with the then Vice President of the United States, Aaron Burr, and eventually died of a gunshot wound.

Simply put, in the economic field, Thomas Jefferson and Alexander Hamilton's respective propositions confront each other. The former firmly believes in the "invisible hand of God" to dominate the economy and let it go, that is, the small official model; the latter creates the power of the country.

Intervention and development of the economy, namely the Taishenfu model, objectively enabled the newly born United States to take off rapidly, and even the new policy after the Great Depression, the Star Wars plan launched by Reagan, and even after the end of World War II,

Ben, South Korea's rapid economic recovery and rise can be discovered from it.

At the inauguration ceremony, Greenspan stated that he would curb inflation like former Federal Reserve Chairman Volker. Judging from Volker's experience in performing his duties, this is a work involving an increasingly wide range of fields, and he will let it go.

The way of curing without doing anything will definitely not work.

Sir Gao’s private exchanges are a step further and more specifically to explore Greenspan’s principles. Of course, the most important thing is also to lay the groundwork. After all, it will take some time for Greenspan, the Federal Reserve Chairman, to establish prestige internationally.

It is nothing more than Midi's card, which is soon, but in this short gap, it is enough to become a key variable in the exchange rate and interest rate game in the international capital market.

At this time, Greenspan's answer to "take action when it's time to take action" really satisfies Gao Xian.

Then, there may be a question: Is it abrupt that Sir Gao is bearish on the US stock market during his discussion?

It’s really hard to say that the reality is that many American elites are already a little nervous about the current hot stock market. Looking at the Dow Jones Index, you can understand this mentality very simply and clearly.

The global economic recession in the early 1980s. The Xiangjiang stock market did not recover until 1985 because of the special climate of Xiangjiang. The US stock market began to rebound as early as the second half of 1982, and the Dow Jones Index returned to the same level.

More than a thousand points.

At the end of 1985, the Square Agreement was signed, the Dow Jones Index reached 1,500 points for the first time; just one year later, at the beginning of this year, the Dow Jones Index hit a new high, reaching 2,000 points;

Points; it's not over yet. After only six months, the Dow Jones Index broke the record again and reached the 2,500-point level.

In this carnival, the pain left by the bloody lessons of Wall Street's stock market crash in 1929 made the argument that "there will be a major adjustment soon" fill the market; many analysts on Wall Street,

We also refer to historical data and join the ranks of approval, thus forming a very obvious pessimism.

There are even many American financial elites. Combined with the analysis of the US economic prosperity, inflation, trade deficit, fiscal deficit, interest rates, exchange rates, US Treasury bond yields and other variables, we predict the time of "there will be a major adjustment soon"

By the end of August and early September.

In addition, the chaos in the US capital market in recent years, such as the illegal behavior of trendsetters such as Ivan Bosky and Michael Milken, has begun to be investigated by the US judicial authorities, which invisibly provides more justice to this pessimism.

The reason for this year's film "Wall Street" released by Paramount this year has achieved both box office and reputation, which is not just a pleasant match for the current general social psychology.

Against this background, Sir Gao was also worried that "there will be a major adjustment soon" in his private discussion, which is normal that he chose one from many perspectives.

Gao Xian naturally followed this logic and continued to say: "The current linkage of global stock markets is unprecedented. Due to this new situation, I am afraid that once there is a major adjustment in the US stock market, it will be as fast as a fallen domino.

It spreads in the international market.”

This inference is quite novel. Only when Gao Xian masters enough resources and fully utilizes the ability of the information gold finger, can he be so sure that the global stock market will have a new trend of losing and prospering, and let Greenspan hear it in his heart.

Being an ordinary person is at best a novel point of view.

From this, Greenspan could naturally taste Gaoxian's natural motivation and kindness that came from his heart.

Sir Gao will become the head of Xiangjiang's brand new central bank, and he will definitely pay attention to the possibility that the Xiangjiang stock market will be dragged down by the US stock market; and the performance of the US stock market has a subtle importance to the current chairman of the Federal Reserve.

To put it bluntly, Paul Volker, the former Greenspan, implemented a monetary austerity policy during his tenure as chairman of the Federal Reserve, exacerbated the recession of the US economy between 1981 and 1982, and described it as a boiling public grievance.

It's not an exaggeration, but Paul Volker retired this year, and the reaction made by the outside world was also successful. It's not because of the booming American stock market in recent years, with a handsome face covering up all the ugly.

With this beautiful jade in front, Greenspan, who like Paul Volker, regards suppressing inflation as his most important work goal, if the US stock market will be slid during his term, not to mention anything else, outside the world

In my eyes, it is certain that the ability is accurate.

No matter when, true friends are precious.

Feeling the kindness from Sir Gao’s reminder, Greenspan temporarily threw away the rules and regulations of being the chairman of the Federal Reserve and said sincerely: “I have been to Xiangjiang so many times, and I can see that the environment you are in is extremely complicated. If you need it,

Support, I won’t be stingy whenever possible.”

"You Federal Reserve Chairman's burden is much heavier than me, so you can't be distracted." Sir Gao smiled slightly, "Actually, I mainly want to be able to know what strength it is in the free market of Xiangjiang.
Chapter completed!