Chapter 536: 536

Not long after niksson, the senior adviser on governance, left, another senior economic adviser of Gao Xian, Alan Greenspan, the former chairman of the U.S. Economic Advisory Council, who did not forget to make frequent speeches and brush his reputation while running the office, also came to Toronto.

Unlike nikkson, who is depressed and frustrated, Alan Greenspan is very active. He shuttles through important occasions such as large enterprise lunches, trade association gatherings, business roundtables and so on. He delivers public speeches almost once a week, with remuneration ranging from $10000 to $40000.

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 is one who is keen on his official career. However, as President Ford lost the election in 1976, he also lost the chairman of the American Economic Advisory Committee. He had to leave Peanut Stew and return to New York to run his own firm again.

Alan Greenspan, who has never forgotten his years in the White House, is deeply aware that a cabinet member who has stepped down, like an angry entertainment star, will soon be forgotten by the public.

Therefore, in order to stay in the public eye and maintain his hard established reputation, Alan Greenspan launched a series of "self marketing" aimed at making the outside world continue to be interested in him, including writing books and biographies, attending activities, speaking everywhere and media exposure, He even worked as a consultant in organizations such as the Howard Hughes foundation.

In the "old script", there is an example that can well illustrate Alan Greenspan's efforts in "self marketing", that is, he got a touch with the booming personal computer industry and became the "spokesman" of Apple Computer in 1985. Like an entertainment star, his portrait appeared on the large poster of apple computer, And with sensational words, "how to avoid debt, this famous economic consultant manages his own finance with the help of apple computer."

Alan Greenspan's "self marketing" is effective, at least for now. For example, Ligen's campaign team took a fancy to him and invited him to be an economic adviser. By the way, Alan Greenspan is a drinker.

However, Alan Greenspan, who raised the hope of returning to Peanut Stew, is also troubled. He told it soon after meeting Gao Xian, "Reagan's campaign team made an assessment that if former President Ford was invited as Reagan's running mate, it would increase the support rate by at least three percentage points, which would play a decisive role in the final victory of the election."

"Therefore, some people, including kisinger, asked me to lobby Ford to accept this proposal."

The high string who had heard this strange news from Nikko, glanced at Alan Greenspan, and said that these American elites were crazy playing games and forgot the most basic human and worldly skills.

Gao Xian can think of the reason why Alan Greenspan was sent to play the role of threading Ligen and Ford, because Alan Greenspan's resume as chairman of the U.S. economic advisory committee was given by then President Ford.

It is certainly not easy to be the president of the United States. Among the presidents of the United States, Ford is a moderate elder, approachable, and even openly admits that he does not understand the economy. In the process of getting along with Alan Greenspan, the chairman of the Economic Advisory Committee, he can sincerely and modestly ask for advice. Even the American media have concluded that Ford and Allen· Greenspan is 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 ministers and kings, teachers and students, and has established very deep personal feelings.

Unfortunately, Gao Xian estimated that there was a rift in this friendship because Alan Greenspan said that Ford came out of the mountain and acted as Ligen's deputy.

Sure enough, when Gao Xian asked, Alan Greenspan shook his head regretfully, and even finally asked, "am I too selfish?"

Gao Xian noncommittally picked up his cup and took a sip of coffee. At the same time, he thought to himself, "you are an economic adviser to me. I will point out your philosophy of life. As teachers and students, you are even."

"I think the Communist Party of China is too eager to win, so it can't think about it." Gao Xian said leisurely: "ask a former American president to be his deputy, not to mention whether Ford is uncomfortable. How to divide the power after the election victory? The vice president of the United States has always been in a weak position. Will Li Gen allow a strong vice president?"

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"Alan, if you feel tangled in your heart, I suggest you talk frankly with Ford, eliminate the gap, and then state these disadvantages to Ligen."

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

Gao Xian asked Alan Greenspan not to discuss the issue of governance, but to ask him about the dynamics of US monetary policy.

Against the backdrop of "stagflation" in the US economy, the Carter administration is implementing a fiscal policy to stimulate the economy. As a result, the current inflation in the US hovers around double digits. If it continues to develop like this, the US, a great superpower, may really collapse.

Gao Xian estimated that the Fed's monetary policy should be significantly adjusted.

"It is undeniable that William Miller, as a CEO of the company, has a good set of microeconomics, but after becoming the chairman of the Federal Reserve, he behaved like a layman in macroeconomic regulation and control." Alan Greenspan said with assurance: "I think the White House and the Federal Reserve missed the best opportunity to control inflation last year when the economy was booming."

"It is generally acknowledged that William Miller is a man who focuses on stimulating the economy rather than anti inflation. He has nothing to do with the current inflation."

Gao Xian smiled. "William Miller has served as chairman of the Federal Reserve for only about a year. Will he change so soon?"

"In fact, William Miller, an outsider, has never adapted to the working atmosphere of economists and central bankers in the Fed," Alan Greenspan shrugged, "For example, the Federal Reserve's market opening Committee has always been a pedantic style. At each meeting, members fully speak and discuss each member's suggestions one by one. Further, the feasibility conclusion cannot be drawn through only one meeting."

"But William Miller is used to the enterprise work style of efficient execution, so he brought a timer for boiling eggs and asked the Secretary to supervise each committee member. The speech time should not exceed three minutes."

"Later?" Gao Xian asked with great interest.

"No, later, the members simply ignored the timer. What happened and what continued." Alan Greenspan couldn't help but say, "also, many members are big smoke guns. Every time they hold a meeting, the meeting room is filled with smoke."

"William Miller was not used to it, so he ordered no smoking in the conference room, but it ended up in the end."

Gao Xian said playfully, "it seems that William Miller, who has no authority, is no longer interesting to stay in the Fed."

Alan Greenspan said slowly: "I expect the White House and Congress will replace the mediocre William Miller as soon as possible within the scope of procedures, and choose a democratic bamboo party financial professional who pays attention to controlling inflation as the chairman of the Federal Reserve."

"At that time, in the face of the inevitable increase of the Federal Reserve's interest rate, like a company with the American market as its main export target, it will certainly be more inclined to deposit its earnings in American banks and stay in American territory."

Gao Xian nodded comprehensively and asked, "I heard that Chrysler, which is in financial crisis, is seeking assistance from the US government. Have you heard the latest news?"

Alan Greenspan pondered: "since President Carter took office, he has maintained a close relationship with large enterprises. He should approve the loan assistance bill, but he doesn't know whether Congress can pass that pass."

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