Reborn Capital Madman
Chapter 0386 The current Fed chairman who has never disobeyed the president
Gao Xian met with the United States and was definitely not the only one with the political figures, for example, Niceson is also worth mentioning.
It was in February that Nikeson had just completed his visit to China.
Originally, the proposal of this itinerary should have been realized last year, but last year, US President Ford had an itinerary to visit China, so Nikeson was very sensible and did not steal the limelight, and instead visited China this year.
Just from Nikeson's complexion, we can tell that this former president who was despised by the media in the United States should have a pleasant trip to China and was respected by being trampled in the mud in the United States.
In fact, Nikeson's public opinion dilemma in the United States can only rely on time to wash away the public opinion.
Gao Xian has secretly sponsored the interview program "Interview with Nikeson" produced by the famous British current affairs commentator and journalist David Frost, which was already presented to the public at the end of last year.
At the beginning, the American Broadcasting Corporation, National Broadcasting Corporation and Columbia Advertising Corporation, which belong to the three major US radio networks, all scoffed at the program "Niceson Interview", so the broadcast channel was a mutual broadcasting system with a poor industry status.
In terms of viewership, the broadcast effect of "Interview with Nikeson" was quite good. It attracted 45 million Americans to watch it when it was premiered.
What is the concept of this number?
The world-famous Oscars are not as high as that!
Regarding the development trend of the media industry in the United States, it is completely certain that the ratings record of "Interview with Nikeson" will exist for a long time.
Thanks to these achievements, the mutual broadcasting system has been boasted that it is expected to become the fourth largest broadcasting network in the United States, and CBS changed its original intention and decided to broadcast "Interview with Nikeson".
Speaking of more specifics, David Frost, the producer, received a million dollars from the proceeds from "Interview with Niceson."
Although the ratings of "Niceson Interview" hit record, Gallup polls show that 69% of the US public believe that Niceson is still trying to cover up the truth, and 72% of the public believe that Niceson believes that Niceson is still trying to cover up the truth, while
Kesong committed crimes that obstructed justice, and 75% of the public believed that Nikesong should not play a greater role in public life.
Obviously, this result made Nikeson very depressed, but this American political veteran was also open-minded. After all, it was much better to be criticized than to completely forget it!
From this incident, Gao Xian once again intuitively understood the funny things about the American media. Nikeson was criticized in such a way, but the actual situation was that he still had influence in the American political arena.
Take this year's US election as an example. Niceson maintained a neutral attitude towards the fierce competition among the Communist Party of China. He neither stood on the side of the current US President Ford who had pardoned himself nor did he stand on the unconventional Li Genna.
One side.
As for outside the United States, Niceson, the signboard of the former US president, is quite recognized.
Nikeson is a slight person who is not as nervous as Old Bushu, who is the director of the CIA, so Gao Xian talked to the other party about a lot of topics, including economic policies triggered by the seemingly unsolvable stagflation.
debate.
In fact, although Nikeson's political achievements in the US presidency were well-known for his diplomatic achievements, his economic actions should not be ignored.
Take the policy content called "Nicesson Shock" by the media, in addition to stopping the obligation to exchange gold for US dollars, it also controls wages, prices, etc., and then with the increasingly obvious stagflation phenomenon today, it is difficult to
Disconnect from relationship.
It cannot be said that Nikeson's administration was extremely bad, because his term of office caught up with the dollar crisis, the quagmire of Vietnam War, the collapse of the Bretton Woods system, the world oil crisis and so on, and wanted to find a lot of bad things like the greatest common divisor.
The solution to the catastrophe is nearly impossible.
"Based on my understanding of Burns, the Federal Reserve's monetary policy is highly likely to be looser this year." Nikesson, who spoke very slowly, looked at Gao Xian, as if worried that he would not understand, so he still
A gesture was made, "to meet some degree of ruling needs."
If Gao Xian's vision is still at the level of just coming to this era, he will definitely not be able to understand the deep meaning of Nikesong's words, but over the years he has been diligently and studiously improving himself, so the situation will naturally be different.
The Burns mentioned by Nikeson is Arthur Burns, the current chairman of the Federal Reserve. He is the new Federal Reserve Chairman carefully selected when Nikeson started his first presidency in 1969.
.
Arthur Burns is a famous expert in economic cycle theory and his academic achievements are masters. He became the chairman of the US National Economic Advisory Committee as early as Eisenhower was the US President. Then, Niceson, who was also the US Vice President, was the US Vice President.
He appreciated it very much, and as soon as he ascended the throne of the United States, he entrusted with important tasks.
During the Kennedy Mansion and Johnson Mansion, the Federal Reserve implemented a loose monetary policy. By the time Nikeson took office, the inflation in the United States was already very serious, so Arthur Burns, who took office, took office, kicked.
After stepping on the brakes, the Federal Reserve began to shrink its monetary policy.
In 1972, in order to win the election that year, Nikeson put pressure on Arthur Burns, hoping that the Federal Reserve would implement loose monetary policies to stimulate the economy, increase employment rates, and win voter support.
The Federal Reserve has always claimed its independence, which is also the foundation for its ability to make a country's central bank a private institution in a maverick manner throughout the world. After all, many people still believe that its independence from justice is more harmful than good.
However, after Arthur Burns' turn to be the Fed chairman, the White House was relatively strong. As a result, the Fed temporarily relaxed the accelerator, resulting in relatively good economic data indicators, including employment rates, which won Nikeson's victory.
The election gave a beautiful assist.
With such a precedent, Niceson judged that Arthur Burns would relax the Federal Reserve's monetary policy again in order to please the White House, which is a targeted approach.
Gao Xian pondered for a moment, due to the economic norms of this era, people had not realized that suppressing inflation would cost an increase in unemployment. If Niceson's predictions come true, Arthur Burns would like to please the White House,
Let the Fed relax monetary policy, stimulate the economy, and help Ford win voter support, the US stagflation will be even worse.
Of course, how to toss the United States by stagflation will not cause any skin pain to Gao Xian, an outsider.
Determining the direction of the situation is Gao Xian’s ultimate goal, so that he can make the decision that best suits his own interests by judging the situation.
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