Reborn Capital Madman

Chapter 0542 The new chairman of the Federal Reserve under the magnifying glass

After Gao Xian arrived in the United States, Patricia asked specifically, "I heard that you arranged Pompeii into the team for this trip. Did this traitor make any mistakes?"

"Don't worry, Pompeo has done a great job and I want to reward him." Gao Xian replied casually while looking at his work schedule.

Patricia was dumbfounded. How could a person like Pompeo, who betrayed his employer's secrets, still perform well at work? Could it be that he suddenly repented and changed his mind and became a different person?

Gao Xian put down his work schedule and explained lightly: "When I went to England this time, Pompeii unfortunately died heroically in the line of duty. I have arranged a generous pension, so you don't have to worry about this person. Everything has disappeared."

"Died heroically?" Patricia's attention immediately turned to her man. She pulled Gao Xian's arm fearfully and asked repeatedly: "What danger did you encounter in England?"

Seeing that Patricia seemed to be affected by the shadow of being kidnapped by the symbiotic guerrillas, Gao Xian quickly held Miss Hester's hand and said warmly: "There is no danger at all, it's all because of Earl Mountbatten.

I accepted his invitation and went out to sea to catch shrimps together. I didn’t expect that the Irish Republican Army was there.

A large bomb weighing more than 20 kilograms was secretly installed on the yacht. Fortunately, Mengmeng, who has been accompanying me these days, has experience as a bomb detection dog. He discovered the abnormality early and barked endlessly. It was just Pompeii who brought

When they boarded the boat to search while they were still covered with mist, the bomb exploded, and they were all killed unfortunately."

"I've seen the news that shocked the world, but I didn't expect you to be there at that time." Patricia, who suddenly understood, sighed sadly, "Poor Mengmeng..."

Gao Xian broke the sad atmosphere of "traitors are worse than dogs" and said in a relaxed tone: "The Irish Republican Army is not easy to mess with. I don't want to get into trouble, so I ask the British government to try to downplay my presence at the scene. Therefore, in general news

, there is no trace of me.”

"By the way, you don't know that Earl Mountbatten was so frightened that he was so grateful to me that he kept making all kinds of promises, such as applying for a gbe for me from the Queen of England, and even asking me to be the godfather of his twin grandsons, not to mention

How interesting.”

Patricia, whose worries turned into joy, puffed up her chest proudly, "If twins are so rare, we have them ourselves."

"It makes sense, my sweetheart, you are the most capable!" Gao Xian couldn't help laughing, and touched Patricia's hair, "Those who are capable work hard, and I will leave Pompeii's pension work to you.

This matter is over."

In fact, the reaction of the staff around Gao Xian was a little subtle regarding Pompeo's death in the line of duty and his pension.

First of all, the most peripheral staff simply believe that the boss is grand and there is no need to worry about following such a person.

As for the staff closest to Gao Xian, they were secretly awestruck. They originally thought it was an old story about repaying evil with kindness. Unexpectedly, could it really be such a coincidence that the betrayer died on the job so quickly? But the boss still seemed so kind, and there were causes and consequences.

I can’t find anything wrong with it. I can only say that betrayers will not be tolerated. You must be more loyal in your work from now on!

Patricia came from a wealthy family, and she knew how to do things decently since she was a child, such as how to support Pompeii in order to achieve the best effect of winning people's hearts. It was not difficult for her at all, and it happened quickly.

That’s it.

What Miss Hester is really worried about is her long-prepared and long-cherished trip to China.

This year China and the United States officially established diplomatic relations. Chinese themes are very popular in the United States and more and more Americans are traveling to China. Patricia originally planned to take her three sons on a trip to China.

But Pompeo leaked some private information about Miss Hearst to the gossip media, forcing the trip to make changes.

After all, Patricia's current status is extraordinary. Not only is she a director of the foundation established for her by Gao Xian, she also serves as a director of the Hearst Corporation and the Howard Hughes Foundation. For someone who is less than thirty years old,

Speaking of which, it can be considered a high-ranking position.

Therefore, in order to avoid attracting the attention of tabloids, Patricia left her three sons in the care of Gao Xian. Anyway, Sir Gao had to deal with various matters in the United States during this period, and she led the team she had organized long ago to go there.

It was a refreshing autumn day in Yanjing, and Gao Xian had already arranged various reception arrangements there in advance.

Having just experienced a thrilling murder of Zheng Zhi, Gao Xian also wanted to relax a little, so he first watched a movie that had not yet been safely produced - "Unprecedented and Unprecedented", and also filmed "Enter the Insurance and Lucky" in Hong Kong.

》Xu Guanwen and Mai Jia called over to watch together.

Gao Xian only saw the pornographic film of "Unprecedented and Unparalleled" by using the power of investors, and secretly allowed Xu Guanwen and Mai Jia to quietly absorb the experience.

Although it is not a complete movie in the usual sense, Xu Guanwen and Mai Jia are both professionals after all, so they can further understand what kind of movie Gao Xian wants.

Seeing that they all expressed that they had gained a lot, Gao Xian smiled and said: "That's good. I didn't go all the way in vain. I'm just waiting to see how "Enter Insurance and Fortune" makes people laugh."

Xu Guanwen and Mai Jia did not stay in the United States for long and returned to Xiangjiang without stopping.

Next, Gao Xian started to deal with business.

Just last month, that is, in August, the Federal Reserve finally welcomed a financial expert who was convinced by all members of the Federal Reserve—New York Federal Reserve Chairman Paul Volcker as its new chairman.

After Paul Volcker graduated from college, he worked at the Federal Reserve Bank of New York. During this period, he also developed in the business world and worked at Chase Bank.

It is worth mentioning that during the Nixon administration, Paul Volcker, as a Democratic Party member, served as the U.S. Deputy Secretary of the Treasury in charge of international finance. Especially on August 15, 1971

At the Camp David Conference on 19 July, Nixon announced the end of the convertibility of the U.S. dollar into gold, which led to the de facto collapse of the Bretton Woods system. The person behind it was none other than Paul Volcker.

After leaving the White House, Paul Volcker soon became chairman of the New York Federal Reserve.

Judging from these qualifications, Paul Volcker is indeed far more suitable to be the chairman of the Federal Reserve than William Miller, who has a background as a business executive.

It is no exaggeration to say that no matter who becomes the chairman of the Federal Reserve, the outside world, especially Wall Street and the media, will use a magnifying glass to study it over and over again.

According to the newspaper, Paul Volcker did not expect that he would be appointed chairman of the Federal Reserve by President Carter. Because when he was called to the White House for talks, the atmosphere was not harmonious. Paul Volcker pointed out without scruples,

The Fed's current monetary policy should not be easing, but should be tightening. At the same time, the Fed's independence is worrying. Obviously, these words have hit a sore spot in President Carter's mind.

In Gao Xian's view, President Carter's decision to appoint Paul Volcker as chairman of the Federal Reserve was a way of passing the blame.

You must know that the overall loose monetary policy implemented by William Miller when he was chairman of the Federal Reserve was actually to cooperate with the Carter administration in developing the economy. He could be said to be President Carter’s echo man. Correspondingly, President Carter also had a strong preference for William Miller.

, even to the extent of ousting Treasury Secretary Michael Blumenthal and replacing him with William Miller.

On the other hand, among the U.S. Federal Reserve system, the New York Federal Reserve is the strongest, accounting for almost half of the country.

Anyway, the current economic situation is in such bad shape, so let the chairman of the New York Federal Reserve step in and see if insiders can clean up the mess.

Judging from Paul Volcker's tough stance on controlling inflation in public in the past, it is widely speculated that after taking office, Paul Volcker will immediately wield the interest rate stick to kill inflation in a cage.

What shocked Wall Street was that the policy adjustment just made by the Federal Reserve was only to raise the discount rate by 0.5%. And for such a small move, the market did not even have a single ripple in its reaction.

In a discussion with Alan Greenspan, Gao Xian laughed and said: "The Federal Reserve is in a dilemma. It is imperative to tighten monetary policy, but the real economy, especially the manufacturing industry, will face the risk of being hit hard. Like

With a large company like Chrysler teetering on the edge of bankruptcy, Volcker had to proceed with caution."

"This can only show that Volcker's style is stable, and the Fed's policy direction remains hidden from outside speculation." Alan Greenspan shook his head, "Monetary tightening is not just about raising interest rates, but also controlling it.

Money supply. I expect Volcker to make major changes in monetary tightening, possibly taking really big moves on bank reserves."

Gao Xian mused: "At the end of this month, the annual meetings of the International Monetary Fund and the World Bank will be held in Belgrade. At that time, Volcker will meet with the presidents of central banks of various countries, and he should be able to reveal his true intentions.

intention."

In fact, in Gao Xian's view, in the face of the upcoming inevitable monetary tightening by the Federal Reserve, in addition to the capital operation opportunities created by traditional industries that have been hit hard, emerging industries like IT have inherent advantages.

Growth motivation.

In the "old script", personal computers grew explosively in the United States in the 1980s, but were not negatively affected at all by the Federal Reserve's monetary tightening, and even became a new driving force for the weak American economy.

And home electronic game consoles, which are cousins ​​to personal computers, were so dazzling in the early 1980s when the U.S. economy was at the bottom of its cycle that even Hollywood raised eyebrows.

Gao Xian secretly made some calculations, and before the North American market of home electronic game consoles was destroyed, it was time to use capital to operate the electronic game resources in his hands and make a lot of money.

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