Rebirth 79: I opened a bank in the United States

Chapter 852
"220 to 1 Fuji Bank is smart!"

That night, in the executive suite of the Imperial Hotel in Tokyo, Carter met Secretary Reagan and reported directly to him the results of the day.

"Yeah, from around 240 to 220, the adjustment range of nearly [-]% is not small!"

Sitting opposite Treasury Secretary Reagan, Carter, who was smoking the same cigarette as the treasurer, showed some smiles on his face.

It is convenient to talk behind closed doors. Besides being more relaxed, you can let go of the so-called intern status unscrupulously. There are some things that you can say more directly.
"They knew my identity very well. It was around 80 years ago. When Georgia introduced Japanese car companies, I had contact with them. After a few years, it may be compared to ordinary American businessmen or federal officials. , I am one of the people most likely to consider issues from the standpoint of Japan. Because my interests and theirs overlap and overlap! "

"Some things said to me, there will be less reservations. They are not so resistant to the appreciation of the yen on the surface!"

"But such a small change is not enough for the situation we are facing today."

Treasury Secretary Reagan nodded slightly, sending Carter to do such a thing may not be without consideration in this regard.

"We can ask for more. The bottom line is meant to be broken through! In this way, don't miss it when you go to Sumitomo Bank, Mitsui Bank, and Quanye Bank tomorrow. Try to get the bottom line out in the formal meeting. Find out all of them!"

"I understand. But Mr. Reagan, 220 is not enough. May I take the liberty to ask, what is Mr. Reagan's psychological expectation? To tell you the truth, I heard a piece of news from Yasuda Lingren from Fuji Bank yesterday. The Governor of the Bank of Japan, Satoshi Sumita, is clearing the yen currency deposits in the vaults of major Japanese banks.”

"Recently, especially after our delegation arrived in Japan, the exchange rate of the yen in Japan has risen rapidly. I"

"You are also moved?!"

Reagan laughed. Reagan didn't care about Carter's almost obvious greed:
"What do you think our psychological expectations should be? Or, should we have psychological expectations?"

Should we have psychological expectations? !
Staring at the pupils of the eyes that are squeezed slightly by the cheek muscles in the smile
"I see! Mr. Reagan"

"The United States does not need any psychological expectations at all!"

After returning to his room, Carter stood in front of the window.In the bright lights outside the window, Carter understood what Secretary Reagan meant.
For the United States at the moment, no matter how much the yen appreciates and how much it appreciates, it will not lose money in the slightest.Although in the initial stage of the appreciation of the yen, it will lead to the occurrence of the "J-curve effect", and the US economy will suffer some blows
But who is that for? !
The appreciation of the yen can certainly reduce the competitiveness of the products produced by Japanese enterprises in the international market.But for ordinary Americans, including some small business owners, in the early days of yen currency appreciation.When they buy Japanese products, technology, services and other items provided by Japan, they need to spend more dollars!
This is a heavy blow to some companies that rely on Japanese technology and raw materials.But for large companies, for large companies with a complete supply chain, this is a labor pain, not even a labor pain!
In addition to the supply chain, the supply side is diversified, and large-scale enterprises have much more currency in their hands than ordinary small enterprises.In other words, they can profit from the exchange difference to cover this part of the loss.

Even with the widening of the exchange rate gap, maybe not only to make up for losses, but also to make a fortune!
From the quick response of the federal government after Caterpillar's report, Carter was almost certain that there had been communication between the two.Then, take advantage of the trend and push forward.
Why did they communicate earlier?In other words, whose interests did the Reagan administration represent? !
From the revolution of "Roosevelt's New Deal" to the follow-up signs.
Carter could not directly say that the Reagan administration was the representative of the big business owners and the spokesperson of the wealthy class in the United States.But whether they are out of public interest or self-interest, whether they combine history or rely on logic to deduce.
The final results all point in the same direction: good for the wealthy class!
Following this line of thought, Carter can almost confirm a phenomenon.That is: the United States-Japan talks, the goals of the United States, and the United States' request for the appreciation of the yen can be summed up in four words: the higher the better!

speculating on the yen
No, this is no longer called speculation, it is basically a direct show of the cards!

I am also a bit of a "Capitol Hill stock god" and just rushing towards the yen.
Carter's brain was running wildly, while calculating the surplus of various industries under his name, or idle funds, while calculating possible subsequent fluctuations, in other words, the time for the appreciation of the yen!

"Ding~"

Just when Carter was thinking about whether he could take a wave of wool in Japan, the phone by the bed suddenly rang
"Hello? Carter, go downstairs!"

"Huh? Are you here?"

Carter recognized Michio Yasuda's voice, just.
"How do you know I'm free now?"

"I've been here for a while, but no one answered the phone in your room before. Now that you answer it, it means that you should be back. It's almost eight o'clock now, and there is no possibility of any work, right? ?"

"Let's go, I've already arranged the game for tonight. And our new business, I have to take you to see it too."

"This is a written report. As of now, we have obtained a total of 1200 houses in Tokyo. The monthly rent that needs to be paid to the landlords is about 7000 million yen. The house renovation and decoration cost 16 billion Yen. And advertising, labor, etc.”

As soon as he got into Michio Yasuda's car, a report was thrown on him.

Carter was not annoyed either. He watched silently while listening to Michio Yasuda's introduction:

"Advertising cost is 20 billion, and then some small prop purchases are finally calculated. We invested 50 billion yen at the beginning, and now there is not much left."

"Besides, this is because I didn't include the renovation cost of our own houses, which are about 200 rooms. If this project doesn't start, our money will be burned!"

"If it burns out, it will burn out. At worst, I'll just chase some more!"

2100 million U.S. dollars, which was about 50 billion yen in exchange at the beginning.After burning for two months, look at the reserves of less than one billion yen left on the books
Carter is expressionless!

From the electronic screens at the airport, to the advertisements on the roadside signs, to the posters on the outer walls of major shopping malls, to the stickers pasted on the streets and alleys, to the leaflets scattered around the trash cans
Carter had already smelled the smell of money being burned!
But what does it matter?

"Easy to say! Have you forgotten what you are here for this time? If you don't start again, when the exchange rate of the yen rises to 220, if you invest 20 U.S. dollars, you will lose 1000 yen. If you invest another 2 million, you will directly lose less." [-] million."

(End of this chapter)