In Tokyo, even the most fierce dragon is afraid of the hatchet

“…”

The doubts in my heart were resolved.

But I really want to slap him.

Watching movies is like watching sand sculptures.

Brainless?

With a feeling of not knowing whether to laugh or cry, Nagano Nao stood up, patted Kitajima on the shoulder and said, "From now on, you will be the Japanese Big Brother."

"Hayi!"

"..."

He explained again.

Naoio Nagano left Sumiyoshi Salaried Consumer Finance.

Looking at the Nissan Mini following behind, he stepped on the accelerator and drove away with a roar.

Oko Kaibe quickly stepped on the accelerator, but the Mini was no match for Master Bayer. She could only watch the car going farther and farther away, and she slapped the steering wheel angrily.

The following days.

There was more and more news about Eastern Europe. The Baltic Three Idiots were getting more and more cheerful. Then came the news that East Germany and West Germany were holding open discussions.

Naoyo Nagano was also not idle. He withdrew 4 billion in funds and used a shadow account to sell Seibu Bussan's shares on margin.

Before I knew it, a week had passed.

11 month 9 day.

Asahi Shimbun.

"The GDR government announced that it would allow citizens to apply to visit the Federal Republic of Germany and West Berlin..."

"..."

The Berlin Wall is a symbol of the division of Germany and an important landmark of the Cold War.

Now that the Berlin Wall has been forced to open, many people have realized that things have changed...

......

Ministry of Finance.

Central Minister's Office.

Hang up the phone call from the Intelligence Department.

Ryutaro Hashimoto's face was as gloomy as water.

In order to restore the economy after the end of World War II, the financial industry became one of the most strictly regulated areas. The central bank achieved rapid economic growth by directly and precisely supporting industries and manipulating exchange rates.

The interest rate on Chinese government bonds becomes the basis for determining the interest rates of other financial products, while the deposit interest rate is subject to a ceiling determined by the Bank of Japan's policy committee.

Establish specialized foreign exchange banks and a designated foreign exchange bank system to isolate and prevent the impact of external economic changes on the domestic economy through foreign exchange management.

Through separate management, the boundary between direct financing and indirect financing is clearer, but even in the field of direct financing, such as the bond market, the issuance amount and interest rate are also affected by banks.

One of the reasons why indirect financing overwhelms direct financing is that banks are allowed to hold stocks, thereby forming a control system over enterprises through shareholding.

The biggest disadvantage of indirect financing is that the life and death of enterprises are controlled by the central bank. Even the fate of a company like Toyota can be decided by a single word from the central bank.

Even the Ministry of Finance, as the direct superior of the Central Bank, could only be marginalized in the name of restoring the economy at that time.

For twenty years.

Both the central bank and the Ministry of Finance have gone through countless games of chess.

This struggle continued until the mid-70s, maintaining a regulated interest rate system centered on low deposit rates.

Chapter 215 225 Billion Dollar Short Selling Target

It was not until the Ministry of Finance carried out policy reforms and achieved financial liberalization and internationalization, through interest rate liberalization, the abolition of regulations on corporate bond issuance, and the relaxation of listing entry barriers, that not only did it stimulate economic growth, but the power and influence of the central bank were gradually weakened, and corporate financing costs were reduced.

However, success is due to the general trend, but headaches are also due to the general trend.

Yasushi Mieno decided to tighten monetary policy against the will of the Ministry of Finance. As the money supply is tightened, the liquidity of the bond and securities markets will inevitably be seriously affected. With insufficient liquidity and a falling stock market, corporate financing costs will inevitably increase and become difficult.

Once the currency is further tightened, it will bring greater pressure to the securities market and corporate financing. What is worse is the pressure on real estate, which may bring many unstable factors.

The Ministry of Finance has been able to remain powerful over the years mainly because it has suppressed the influence of the central bank. As a result, companies will have to seek help from the central bank for financing, and shameful history may happen again.

However, given the current situation, with internal and external troubles, the Ministry of Finance is simply unable to organize the central bank to raise interest rates.

The birth rate, debt ratio, and pension level continue to deteriorate. If the population collapses completely as a result, the Ministry of Finance will become a national sinner, blamed on thousands of people.

The Russians are like a hopeless case!

Even though we knew that the situation in Eastern Europe had become uncontrollable, the fact that Germany sent such a clear signal only meant that the situation had become even worse.

Ryutaro Hashimoto gritted his teeth in hatred.

From Mieno Yasushi's perspective, it is not wrong that interest rate hikes cannot be prevented.

We can only blame Maozi for being such a disappointing teammate!

What does it mean that if one general fails, thousands of soldiers will be exhausted?

The whole of Europe is trying hard to provide money and technology, and Japan is also trying hard to cheer them up, but at the critical moment, they are just playing with mud and drawing maps!

Until now!

Toshiba was lost, the computer industry was lost, and the semiconductor industry was lost!

But I got nothing in return!

What a bunch of unmotivated guys! !

"Gu Zaijun, please come to my office."

Picking up the phone, Ryutaro Hashimoto made a call.

soon.

The director of the Securities Bureau, Gu Zaiyou, came straight to the office.

Ask the other person to sit down.

Ryutaro Hashimoto talked about the current difficulties.

"I think you have heard about the negotiations between Germany and Germany. The situation has become very delicate. The pressure on the economy will surely increase again."

“Are you worried about the central bank, my Lord?”

"Yeah! Actually, San Chong is not wrong. But if the interest rate is raised more aggressively, it will put a lot of pressure on corporate financing, which makes me very worried!"

"..."

It just sounds like complaints without mentioning any problems.

However, the central bank's interest rate hike will inevitably lead to worse capital liquidity, and a bad economy will benefit no one.

As the director of the Securities Bureau, Gu Zaiyou is in charge of the Securities Bureau. They are in the same boat. He knows very well that if the central bank is made strong again, the power and influence of the Securities Bureau will be infinitely reduced.

at this point.

They know each other well.

Although no one talked about...

......

It's drizzling.

Kanda Iwamoto-cho 1-chome.

The densely packed fir trees have covered the area with greenery. Even though it is already late autumn, these trees, which have tenacious perseverance, strong adaptability and a certain degree of cold resistance, still stand proudly.

On both sides of the clean alley are single-family houses with courtyards.

The wrought iron gate looks artistic, the limestone walls stand tall and straight, and lush tree branches occasionally poke their heads out, making the surroundings quiet and peaceful.

Each house has a garden, swimming pool and green belt.

In Japan, the most densely populated country in the world, with many mountains and few habitable environments, every inch of land is worth a fortune.

In a place like Tokyo, with such a beautiful environment, it is undoubtedly a genuine wealthy area.

Seriously speaking.

Those who live here are either rich or noble.

But what people talk about most is that this place represents power and money.

During the economic boom that lasted for more than a decade, more than half of the policy support for the financial sector was related to this place.

From large-scale urban bank interest rate decisions, securities tax adjustments, increased national pension burdens, and targeted government industrial support to small-scale usury and black money operations, per capita income surplus, and even the formulation of a series of financial policies, all are involved here.

Therefore, people who frequently come and go here have a special title: "MOF person in charge".

That is, the Ministry of Finance Public Relations.

But what people talk about most, apart from the relationship between power and money, is that the women who come and go here are all stunningly beautiful. Well-known actresses are frequent visitors here, and top models linger here late at night.

The relationship between men and women and the legendary stories in the financial circle became the gossip topics for people to talk about after meals.

A Toyota Century sedan slowly drove into a wide but deep alley and finally stopped under a cherry tree right next to the entrance of the alley.

As the car door opened.

An autumn wind blows.

Wrapped in a little rain, with a hint of autumn chill.

Nomura Securities President Kenjiro Toyama adjusted his suit and made sure his image was fine before pressing the doorbell on the wall.

A security guard opened the door.

Then a plump woman in a yukata came and led Kenjiro Toyama into the yard.

Came to a porch.

Kenjiro Toyama took off his shoes and pushed open the wooden door.