Chapter 870 Mundell’s Law

Author: Khurav

"So, he doesn't know the true intentions of the United States?"

"If the United States doesn't plan to completely fall out, it wouldn't be a bad idea to replace that Donald. That smelly old man's temper is too bad."

"Well, Donald Reagan's temper is bad, but at least we know the basics. If someone suddenly comes here who doesn't know the details, it may not be a good thing."

When Carter boarded the plane returning home, flying over the Pacific Ocean.

Here in Japan, we are still in the manor last night

A group of middle-aged and elderly Japanese people were sitting around in the back garden, debating loudly.

Compared with the hustle and bustle last night, today's place is quite lively in a different way.

"Yes, uncles and grandfathers. Carter doesn't know what the real intentions of the United States are. I believe in his statement and judgment. Not just because of my personal relationship with him, but also combined with the objective facts that are happening in the United States, he

What you said is very credible!”

"For the show he directed, seniors only need to call the US branch to find out if this is the case. Because of this show, he is now in a very passive situation and even has to go to Japan.

To avoid the limelight. And similarly, because the direction of public opinion is very unfavorable to President Reagan, the White House is somewhat eager for success, eager to open up the situation in Japan and reverse the unfavorable situation, which can also explain why the current attitude of the United States is confusing."

Standing at the bottom of the garden, Akio Toyoda acted neither humble nor overbearing.

Compared with the abandoned dandies, the successors trained by these big families usually do not show too much disdain in terms of magnanimity.

"Ling Ren, did you hear the news I asked you to inquire about?"

Among the old men sitting at the top, one old man closed the report that Toyoda Akio had written overnight, raised his head and asked.

"There are too many targets. Just based on the clue of 'senior brother', we followed the direction of American political and business figures who have studied at Yale, and there are too many people who meet this condition!"

"Vice President George Bush, and his son, Walker Bush, president of Arbustor Energy; Steve Schwartzman, senior partner at Lehman Brothers; Winston, chairman of the Carnegie Endowment for International Peace

Lord, who had a close relationship with former Secretary of State Kissinger."

"And Mike George Bundy, the former U.S. national security adviser, and his brother William P. Bundy, who in turn"

"Okay, okay, don't say any more!"

The old man frowned, very dissatisfied with Yasuda Reito's feedback.

"So many days have passed, and I haven't even figured out the other party's background."

"Well, Uncle Yasuda shouldn't be blamed for this. I know a piece of news. Carter was the one who received the invitation letter to join the Skull and Bones Society. This organization, which was born on the campus of Yale, has very serious infiltration of the CIA! This is basically not a secret in the United States.

I heard that in the early years, the CIA even semi-publicly stated that as long as they are members of the Skull and Bones Society, they can enter the CIA at any time."

"As an associate member of the Skull and Bones Society, Carter's information should have long been in the sight of the CIA's seniors. If they are interested in protecting it, it is indeed very difficult to accurately find out who is behind him with just the power of the Japan Chamber of Commerce in the United States.

It’s hard to do.”

Akio Toyoda looked at the scene that was at a deadlock and reluctantly interjected.

After several years in the United States, due to his higher family background, Toyoda was able to peer into some of the lower classes of American society more easily than the average person.

Who says the United States is not a humane society?!

Warren Buffett will only tell you that he visited the New York Stock Exchange when he was eight years old, but he will not tell you that his father, a congressman, took him there.

Similarly, Colin Powell, the former U.S. Secretary of State.emmm and now a senior military assistant to the U.S. Secretary of Defense, also said: "Problems cannot be solved solely by organization. There is no perfect chart or plan in the world. It depends on the people.

Only people can accomplish great things."

Whether it's a small thing or a big thing, who can accomplish it sometimes depends not only on their methods, but also on their connections.

Akio Toyoda gradually understood this truth, and the old men knew better. Therefore, both of them understood that only by knowing who was behind Carter could they know more clearly whether the news he brought was reliable and whether there was any

use

Can you follow this point and continue to do something?

"The Vice President of the CIA named Bush, I remember that he once served as the director of the CIA, right?!"

Fingers tapped on the table, a situation that was more likely and closer to reality was quickly pushed out by the old men.

"Ling Ren, try to find out their teacher-instructor relationship. See if Carter and him, or his son, have a common teacher or something!"

"clear!"

"Akio."

"Eh!"

"Based on your judgment, we can now confirm that the candidates for the talks may be changed, but the actual attitude of the United States is unknown. We now have two options: 1. Continue to maintain a tough situation, force the United States to change people, and further test the bottom line of the United States; this

It may lead to two results, better or worse!”

"2. Soften your attitude and keep things within a controllable range. Continue to talk to this, Donald, who we are familiar with. If it were you, which option do you think we would choose better?"

"If it were me, I would choose the second option."

Without a trace of hesitation, Toyoda Akio answered directly.

And this reaction also aroused the curiosity of everyone present.

"According to what I have learned, the current request made by the Finance Minister is only 160 to 1, and there is obviously room for relaxation. Normally speaking, when it comes to 200 to 1, there should be no problem. This number

, and it coincides with the trigger of all these things, the requirements put forward in the "Morgan Report"."

Facing the probing eyes of everyone, Akio Toyoda said slowly:

"For the United States, and for President Reagan, there is an answer sheet that can be handed over to the public. Similarly, once the exchange rate becomes 200 to 1, we will lose a lot of market, but it is only compared to 230 or 220

, just a little more, so as not to completely lose it. Moreover, using the rising exchange rate as a bargaining chip, we should still be able to ask for a temporary opening of the financial market."

"In my opinion, ensuring the independence of the financial market is far more important than some fluctuations in exchange rates. According to Mundell's law, no country can simultaneously satisfy 'free flow of capital', 'independent monetary policy' and 'exchange rate'."

Of these three points, we can only achieve two of them."

"Didn't we just pursue independent monetary policy and exchange rate stability in the past? We prohibited the free flow of capital."

"But now, we don't have to say what we say! Does our monetary policy really have complete independence? No! We only have relative independence! We are not China next door, and Japan does not have such a large development depth."

"Since the United States and even all walks of life are now focusing on the exchange rate, we might as well give up this position and turn to the other two directions, namely, relatively free capital flows and relatively independent monetary policy."
Chapter completed!