Chapter 785: 785

For example, he specially invited Michael Blumenthal, CEO of Howard Hughes, and William Miller, President of goyimi, to come as a guest and ask for some experience in a clear way.

You know, Michael Blumenthal once served as US Treasury Secretary, especially William Miller. He served as both US Treasury Secretary and chairman of the Federal Reserve.

Although this Peanut Stew resume of Michael Blumenthal and William Miller is not a success in the media evaluation, in that special situation, it may not be able to show the so-called excellence if someone else takes that position. In fact, the quality and accumulation of the two can not be ignored.

Otherwise, Gao Xian would not take great pains to take Michael Blumenthal and William Miller for his own use. After coming to Sir Gao, the relationship between them has changed accordingly.

Because the independence of the Fed, which mainly focuses on inflation, has a natural restrictive relationship with the US Treasury, which pays attention to economic development and employment rate. Therefore, William Miller, then chairman of the Fed, and Michael Blumenthal, US Treasury Secretary, certainly have no harmonious personal relationship.

American President Carter dissolved the cabinet once in "half time", in which he fired Michael Blumenthal directly; Although William Miller also lost his job and lost his seat as chairman of the Federal Reserve, he took over the post of Michael Blumenthal and became US Treasury secretary until the end of Carter's four-year presidential term, forming the appearance of squeezing Michael Blumenthal out.

From this point of view, although Michael Blumenthal and William Miller do not mix well in Peanut Stew, the former is more "miserable", and then the personal relationship between them under the action of human nature is very appropriate to be described subtly.

This pimple, through Sir Gao sitting at the top of Gao's consortium, has now been imperceptibly eliminated, and will not have the slightest negative impact on Gao Xian's "overall situation".

When Michael Blumenthal and William Miller arrived, they thought Gao Xian was concerned about the price war of low-end personal computers and home video game consoles in the North American market, as well as the latest developments in Howard Hughes's plan to acquire and spin off Texas Instruments.

Obviously, with Gao Xian's attention to intelligence, he can know it like the back of his hand without the introduction of Michael Blumenthal and William Miller.

In short, the price war was so fierce that the initiators Kang Maoda and Texas Instruments were miserable.

Jack Trammell, the chief executive officer of comrade, and Owen Gould, the chairman of the board of directors, are also the main investors of comrade. Because of the huge losses caused by the price war, the contradictions are open and intense, which can not be reconciled.

Texas Instruments did not have such a serious infighting, but it also lost face. It is determined whether it will simply withdraw from the consumer electronics market that has been operating for decades. Of course, whether to accept external acquisitions has also become one of the life-saving plans seriously discussed.

However, one thing is that the sad drama of comrader and Texas Instruments can not compare with Warner's entertainment. Yadali worked for six weeks. The shoddy electronic game "et alien" did not have the big sale in the imagination. After consuming the feelings of the fans of "et alien", it began to be seriously unsalable.

It is hard for outsiders to imagine that the storage management expenditure of millions of cassette tapes is a great burden, and it has been piled there, making it difficult for the accounts of listed companies to deal with.

As a result, yadali was ruthless, used several cars, loaded with those unsalable cassettes, and quietly sent them to the landfill to destroy the corpses. As a result, the scene was discovered by the media and immediately became a big news, accompanied by the news that Warner had suffered huge losses.

As for Sega, which is also one of the protagonists of the price war, it doesn't make any strong news. It seems to be marginalized, but at this time, no news is just good news!

With the optimistic attitude of "others are more unlucky", after joking about these latest developments for a while, Gao Xian switched to the situation on the other side of Xiangjiang, "The Hong Kong dollar is facing a crisis that is about to collapse. I want to promote the Hong Kong government to reform the existing monetary policy and implement an improved currency board system. Therefore, I want to ask my two teachers for some financial work experience in Peanut Stew."

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Michael Blumenthal and William Miller are not surprised by Sir Gao's plan, because Gao Xian's foreshadowing of the establishment of the Hong Kong dollar exchange rate review committee has already revealed such an intention.

Michael Blumenthal took the lead in saying: "from my working experience in Peanut Stew, no policy can be separated from the support of funds. Isn't the issuance of Hong Kong dollar guaranteed by Xiangjiang exchange fund? The Hong Kong dollar monetary policy reform promoted by Sir Gao's plan depends on the control of the exchange fund. Are the British willing to hand over the management power of the exchange fund?"

Gao Xian smiled thoughtfully, "that is, in one year's effort, the depreciation of the Hong Kong dollar broke seven or eight in succession, which is in danger. It has a great direct relationship with the inaction of the British people."

"What's more, Xiangjiang has never had a real central bank. It's entirely reasonable to follow the independence of the Federal Reserve and establish an exchange fund management committee to realize the functions of some central banks."

Michael Blumenthal nodded, "if Sir Gao can get the management right of Xiangjiang exchange fund, the real test will begin. Before further appreciation and growth, Xiangjiang exchange fund must first survive the impact of international foreign exchange speculators."

William Miller thought about what he said, "Xiangjiang can use the drawing right of the International Monetary Fund to increase the chips of Xiangjiang exchange fund to resist the impact of international foreign exchange speculators in the near future, but Sir Gao should be prepared in advance. The pressure of the Hong Kong dollar exchange rate is likely to change into the pressure of the Hong Kong dollar interest rate soon. That's how the work in the financial field affects the whole body."

Gao Xianshen nodded, thinking that the water in it was really deep, but he still had a bottom in his heart, because he must be able to touch the trump card of one force reducing ten meetings, but it took at least two years as a buffer.

……

After a few days of such exchanges between the three people, important key news came from Xiangjiang.

In the face of the critical situation that the exchange rate of the Hong Kong dollar against the US dollar has fallen below 8 and still has not stopped the momentum, the financial secretary of the Hong Kong government, Peng Lizhi, publicly said that it is impossible for the government to stabilize the exchange rate of the Hong Kong dollar at any specific level, which must depend on the strength of the market.

To put it bluntly, the Hong Kong government does not care about the Hong Kong dollar crisis! It's chilling

As a result, Xiangjiang has become more and more worried, and the wave of rush buying food and other necessary materials has become more and more intense.

This is not over. Peng Lizhi, the financial secretary of the Hong Kong government, also took out the Bank of China alone and whipped it, accusing it of buying a large number of US dollars and aggravating the Hong Kong dollar crisis.

There are many people with clear eyes who can see through the doorway here at once, but so what? When the building is about to collapse, who can and who is willing to stand up and turn the tide?

With the sharp decline of the Hong Kong dollar exchange rate, Xiangjiang banking industry can't stand it. After all, it takes time to go, and the loss of interests is near at hand.

Xiangjiang Banking Association began urgent consultations on matters related to interest rate hikes in the banking industry, and successively inquired about the trend of Gao Xian.

Well, sir Gao, we know that you and the honourable Yi Huirong are deeply in love, but how can we lose your position in this crisis!

Gao Xian thinks the heat is almost over. Since you don't care, how about I take over?

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