Chapter 388: 388

Senior Bush is certainly not the only political dignitaries Gao Xian met in the United States. For example, it is worth mentioning nikkson.

In this February, niksson just completed his visit to China.

Originally, the proposal of this trip should have been realized last year, but last year, American President Ford had a trip to visit China, so Nixon wisely didn't steal the limelight and instead visited China this year.

From the look of nikkson, we can judge that the former president, who was despised by the media in the United States, should have a pleasant trip to China and be respected by being trampled in the mud in the United States.

In fact, nikkson's dilemma of public opinion in the United States can only be washed away by time.

Gao Xian has a secretly funded interview program, nikkson interview, produced by David Frost, a famous British current affairs commentator and journalist, which was presented to the public at the end of last year.

At the beginning, ABC, NBC and Columbia advertising company, the three major broadcasting networks in the United States, scoffed at the program "Nixon interview", so the broadcasting channel was a mutual aid broadcasting system with a poor position in the industry.

In terms of ratings, the broadcast effect of "nikkson interview" was quite good. At the premiere, it attracted 45 million Americans.

What is the concept of this number?

The world-famous Oscar ceremony doesn't have such high ratings!

With regard to the development trend of the media industry in the United States, it is absolutely certain that the audience rating record of "niksson interview" will exist for a long time.

Thanks to these achievements, the mutual broadcasting system was widely boasted that it was expected to become the fourth largest broadcasting network in the United States, and CBS changed its original intention and decided to broadcast the niksson interview.

To be more specific, David Frost, the producer, received $1 million from the proceeds of the Nixon interview.

Although the audience rating of "Nixon interview" has set a record, the Gallup poll shows that 69% of the American public think Nixon is still trying to cover up the truth, 72% think Nixon has committed a crime of obstructing justice, and 75% think Nixon should not play a greater role in public life.

Obviously, this result makes nikkson very depressed, but this American political veteran wants to be open. After all, being criticized is better than completely forgetting!

From this incident, Gao Xian once again intuitively understood the funnies of the American media. Nixon was so criticized, but the actual situation is that he still has influence in American politics.

Take this year's US general election for example. Nixon has maintained a neutral attitude towards the fierce nomination competition in the Communist Party, neither on the side of current US President Ford, who has pardoned himself, nor on the side of maverick Ligen.

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As for being outside the United States, Nixon, the signboard of the former president of the United States, is quite recognized.

Nikkson has nothing to do, and his time is not as nervous as old bush, who is the director of the Central Intelligence Agency, so Gao Xian talked with each other about many topics, including the economic policy debate caused by seemingly insoluble stagflation.

In fact, although Nixon's political achievements during the US presidential term are famous for his diplomatic achievements, his economic achievements can not be ignored.

Take the policy content called "Nixon impact" by the media. In addition to stopping the obligation of US dollar exchange for gold, it also controls wages and prices, which is difficult to be separated from today's increasingly obvious stagflation.

It can't be said that Nixon's administration was terrible, because his term of office caught up with a lot of bad things, such as the dollar crisis, the Vietnam War quagmire, the collapse of the Bretton Woods system, the world oil crisis and so on. It's almost impossible to find a solution like the greatest common divisor.

"From what I know about burns, the Federal Reserve's monetary policy is likely to be looser this year." niksson, who spoke very slowly, looked at Gao Xian and seemed worried that he could not understand, so he made a gesture, "to meet the needs of justice to some extent."

If Gao Xian's vision still stays at the level of just coming to this era, he certainly can't understand the deep meaning of nikkson's words, but he has been studying hard to improve himself over the years, and the situation is naturally different.

The burns mentioned by Nixon is Arthur burns, the current chairman of the Federal Reserve, who was carefully selected as the new chairman of the Federal Reserve when Nixon began his first presidential term in 1969.

Arthur burns is a famous expert in economic cycle theory and his academic achievements can be called a master. He became the chairman of the National Economic Advisory Committee of the United States as early as Eisenhower served as the president of the United States. Then Nixon, who was still the vice president of the United States, appreciated him and entrusted him with important tasks as soon as he ascended the throne of the president of the United States.

During the Kennedy administration and Johnson administration, the Federal Reserve implemented a loose monetary policy. When Nixon became president, the inflation situation in the United States was already very serious, so Arthur burns, who took office, stepped on the brake and the Federal Reserve began to shrink money.

In 1972, in order to win the election that year, Nixon put pressure on Arthur burns, hoping that the Federal Reserve would implement a loose monetary policy to stimulate the economy and improve the employment rate, so as to win the support of voters.

The Federal Reserve has always claimed its independence, which is also the foundation for it to make a country's central bank a private institution with a maverick attitude all over the world. After all, many people still believe that its independence from positive treatment does more harm than good.

However, when Arthur burns became chairman of the Federal Reserve, the White House was relatively strong. As a result, the Federal Reserve temporarily released the accelerator, resulting in relatively good economic data indicators, including employment rate, which gave Nixon a beautiful boost to win the election.

With such a precedent, Nixon, based on his own experience, judged that Arthur Burns would relax the Fed's monetary policy again in order to please the White House.

Gao Xian thought for a while. Limited by the economic norms of this era, people have not realized that curbing inflation will pay the price of increasing unemployment. If Nixon's prediction comes true and Arthur burns wants to please the White House, let the Federal Reserve relax money, stimulate the economy and help Ford win the support of voters, the stagflation in the United States will be even worse.

Of course, how the United States is tossed by stagflation will not make Gao Xian, an outsider, feel any pain.

Determining the direction of the situation is the ultimate goal of Gao Xian, so that he can make the decision that is most in his own interests.

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