Reborn Capital Madman

Shortly after Nixon, the senior political adviser, left, Gao Xian's other senior economic adviser - Alan Greenspan, the former chairman of the U.S. Council of Economic Advisers, who, while running the firm, did not forget to give frequent speeches to build his reputation.

, also came to Toronto.

Unlike Nicholson, who was depressed and "quiet and restless," Alan Greenspan was very active, traveling to important occasions such as luncheons with large companies, trade association gatherings, business roundtables, etc., attending almost every occasion.

He gives a public speech once a week and is paid anywhere from $10,000 to $40,000.

In Gao Xian's view, this actually shows that Alan Greenspan is in a "confused" stage.

Among the well-known economists in the United States, Alan Greenspan was one who was keen on pursuing an official career. However, as President Ford lost the election in 1976, he also lost the chairmanship of the Council of Economic Advisers and had to leave Peanut Stew.

, returned to New York and resumed running his own firm.

Alan Greenspan, who has never forgotten his time in the White House, is deeply aware that a resigned cabinet member, like a passed entertainment star, will be forgotten by the public in a short time.

Therefore, in order to remain in the public eye and maintain the reputation he had finally built up, Alan Greenspan launched a series of "self-marketing" aimed at keeping the outside world interested in him, including

Writing books and biographies, attending events, speaking everywhere, being exposed in the media, and even serving as a consultant for organizations such as the Howard Hughes Foundation, etc.

In the "old script", there is an example that can well illustrate the strength of Alan Greenspan in "self-marketing", that is, he had an electric shock with the raging personal computer industry, and in 1985 he

Like an entertainment star, his portrait appeared on a large poster of Apple Computer, accompanied by sensational text, "How to avoid debt, this famous economic consultant, with the help of Apple Computer

, manage your own finances.”

Alan Greenspan's "self-marketing" is at least effective so far. For example, Li Gen's campaign team took a fancy to him and invited him to be an economic adviser. By the way, Alan Greenspan

He's a communist.

However, Alan Greenspan, who had raised hopes of returning to peanut stew, was also currently experiencing troubles. Not long after meeting Gao Xian, he told Gao Xian, "Li Gen's campaign team conducted an evaluation. If the former

President Ford serving as Reagan's running mate will increase the support rate by at least three percentage points, which will play a decisive and key role in the final victory of the election."

"So some people, including Kissinger, asked me to lobby Ford to accept this proposal."

Gao Xian, who had heard this anecdote from Nicholson a long time ago, looked at Alan Greenspan and said to himself, these American elites have gone crazy playing games and have forgotten the basic human sophistication.

Alan Greenspan was assigned to act as a go-between for Reagan and Ford. Gao Xian could think of the reason, because Alan Greenspan's experience as chairman of the Council of Economic Advisers of the United States was that of then-President Ford.

given.

No political figure who can become the president of the United States is an easy person. Among the presidents of the United States, Ford can be regarded as a gentle elder and approachable. He even openly admitted that he did not understand economics, and then compared with Alan Greenspan.

In the process of getting along with the chairman of the Council of Economic Advisers, he was able to ask for advice sincerely and humbly. Even the American media concluded that Ford and Alan Greenspan were the most harmonious combination of president and chairman of the Council of Economic Advisers in history.

It is no exaggeration to say that the relationship between Alan Greenspan and Ford has gone beyond the scope of minister and monarch, teacher and student, and has established a very deep personal relationship.

Unfortunately, Gao Xian estimated that this friendship had a rift that made Alan Greenspan feel complicated because he lobbied Ford to step down and serve as Li Gen's deputy.

Sure enough, when Gao Xian asked in cooperation, Alan Greenspan shook his head repeatedly with regret on his face, and even finally asked, "Am I too selfish?"

Gao Xian picked up the cup and took a sip of coffee without comment. At the same time, he thought in his mind, "You work as an economic consultant for me, and I teach you your philosophy of life. We are each other's teacher and student, so it's pretty even."

"I think the Communist Party is so eager to win that it doesn't think carefully." Gao Xian said leisurely: "Asking a former American president to be his deputy, not to mention whether Ford feels uncomfortable, is waiting for the election.

After victory, how will power be divided? The vice president of the United States has always been in a weak position. Will Li Gen allow the emergence of a strong vice president?"

"Alan, if you feel entangled in your heart, I suggest you have a frank conversation with Ford, eliminate the rift, and then state these shortcomings to Li Gen."

Alan Greenspan nodded, "That's all I can do!"

Gao Xian came to see Alan Greenspan, not to discuss political issues, but to ask him about the dynamics of U.S. monetary policy.

Against the background of "stagflation" in the U.S. economy, the Carter administration has implemented fiscal policies to stimulate the economy. As a result, the current inflation in the United States is hovering around double digits. If this continues, the U.S., a great superpower, may really

The economy collapsed.

Gao Xian estimates that it is time for the Federal Reserve’s monetary policy to make major adjustments.

"It is undeniable that as a CEO, William Miller is very good at microeconomics, but after becoming chairman of the Federal Reserve, he behaved like a layman in terms of macroeconomic control." Alan Greenspan

"I think the White House and the Fed missed the best opportunity to control inflation last year when the economy was booming," he said.

"It is generally acknowledged that William Miller is a person who focuses on stimulating the economy rather than anti-inflation. As far as the current inflation is concerned, he is helpless."

Gao Xian smiled slightly and said, "William Miller has only been chairman of the Federal Reserve for about a year. Will he be replaced so soon?"

"In fact, William Miller, an outsider, has never adapted to the working atmosphere of the Federal Reserve, where economists and central bankers are the main personnel." Alan Greenspan shrugged, "For example, the Federal Reserve

The Market Disclosure Committee has always had a scholarly style, and every time it meets, each member speaks fully and discusses each member's suggestions one by one, so the feasibility conclusion cannot be drawn in just one meeting."

"But William Miller was used to the corporate work style of efficient execution, so he brought a timer for boiling eggs and asked the secretary to supervise each committee member so that they could not speak for more than three minutes."

"What happened next?" Gao Xian asked with interest.

"Nothing happened later. Each committee member ignored the timer at all. As it was, let's continue." Alan Greenspan couldn't help but laugh: "Also, many committee members are heavy smokers. Every time they have a meeting,

The conference room was filled with smoke.”

"William Miller was not used to this, so he ordered a ban on smoking in the conference room, but in the end nothing happened."

Gao Xian said playfully: "It seems that William Miller, who has no authority at all, continues to stay at the Federal Reserve, which is meaningless."

Alan Greenspan said slowly: "I predict that within the year, the White House and Congress will replace William Miller, who has done nothing, as quickly as possible within the scope of the procedures, and choose a democratic leader who focuses on controlling inflation.

A professional in the party’s financial circle becomes the chairman of the Federal Reserve.”

"At that time, faced with the inevitable increase in interest rates by the Federal Reserve, companies such as companies whose main export target is the U.S. market will definitely be more inclined to deposit their earnings in U.S. banks and stay in the United States."

Gao Xian nodded understandingly, then asked: "I heard that Chrysler Motor Company, which is in financial crisis, is seeking assistance from the U.S. government. Have you heard any latest news?"

Alan Greenspan mused: "President Carter has maintained close relations with large companies since he took office. He should approve the loan assistance bill, but I don't know whether it can be passed by Congress."