bloom america

When Catherine conducted a bad "pre -digging pit" operation, President Reagan was also considering the future of the United States.

Opinions of the Economics School have implemented tax cuts and reduced welfare expenditures, so that enterprises and individuals are willing to engage in production and scientific and technological innovation activities. In addition, the Fed Chairman and Walker have adopted the tight currency currency.

Policies have made the price of commodities preliminaryly curb. In addition, the Reagan government, with large -scale arms expenditures, as a means of financial stimulation, the Reagan government, these new economic policies implemented by the Reagan government, so that these new economic policies implemented to make these new economic policies have enabled these new economic policies to make these new economic policies.

When the US economy was overall in 1978, it slightly got rid of the problem of stagnation, and the US economy began to grow moderately.

Although the new economic policy of the Reagan government has not increased its high growth to the US economy as expected, Reagan believes that its own policy has laid a solid foundation for the good development of the future of the United States.

Paul Walker was in danger at the beginning of this year and was in danger. The Fed chairman played his talents. For Reagan, this is definitely a good role.

But ... not enough!

Yes, not enough!

Compared to the Soviet Union, the development of my own side is too slow!

Moreover, Reagan knows that this policy cannot be long. Only through other channels can the United States continue to develop!

In the past two years, the Soviet Union was the period of rapid development of their national strength. Andropov had just reached a 50 billion conversation with China, which directly left the United States and Japan more transactions!

The normalization of Soviet -China relations has made the two go closer. Although there are irreconcilable differences between the two sides, the Soviet Union realized that only one that tends to be their own and industrialized China can help them.

When a large number of machine tools from the Soviet Union were obtained in China, various foods and groceries in China also flowed into the Soviet market.

At the same time, the Soviets also seemed to want to give the Internet to China. Fortunately, Mr. Wu said that he should consider it, so this matter has not achieved.

The Internet was stolen by the Shameless spy of the Soviets!

Well, although it is such a sentence, from the Chinese side that the attitude of "considering". They don't seem to want to offend the United States too much.

However, in China, the United States, which originally occupied two -thirds of the world's human and resources, the advantages suddenly became smaller.

The Reagan government's new economic policy, he considers himself to conform to the trend of the development of the times. It removed the country from intervening in the quagmire of economic activities, thereby giving play to the huge power of the market, and then making the US economy.

From the shadow of long -term stagflation.

At the same time, Reagan believes that because he has implemented large -scale tax cuts, this also makes personal entrepreneurship possible, which can increase vitality.

But it's not enough!

It needs more violent! Policies that can compete with the Soviet Union!

The main goal of the Reagan administration in dealing with international political affairs is to achieve victory in the Cold War of the former Soviet Union. Therefore, a large increase in military expenditure is expected to maintain an absolute advantage in the Soviet Union in the military.

In order to solve the sharp increase in fiscal deficits, the Reagan government issued a large number of issues, and long -term government bonds have funded the government. But the key is to who these national debt are sold to? According to the level of savings of residents in the United States at that time, there are not so many domestic investors in the United States.

Qian Lai's huge government bonds issued by Zhengfu. So the only way left is to attract international capital.

Reagan set his sights on Europe and then on Japan.

The U.S. national debt is the most deceptive thing in the world - probably the only one who knows this now is Catherine.

But to this world, U.S. Treasury bonds are blue chip stocks.

Including Reagan himself.

Reagan first set his sights on Europe.

Europe experienced a period of rapid economic growth from the 1960s to the 1970s, which was called the "European Economic Miracle" period.

In Europe, the richest country is undoubtedly the former Federal Republic of Germany.

In the early 1970s, when the U.S. dollar fell sharply, Nixon issued "Nixon bonds" priced and settled in German marks.

The culprit of this kind of debt can be traced back to Catherine.

If it weren't for Catherine, Nixon would have stepped down. Once Nixon stepped down, there would be no such "Nixon Bonds."

Because of the depreciation of the US dollar. This refers to the fact that in the mid-1970s, the US Nixon administration issued government bonds denominated in foreign currencies such as German marks to raise funds to support the US dollar in response to the turmoil in the US dollar exchange rate.

Although the Federal Republic of Germany purchased U.S. treasury bonds at that time, the Federal Republic of Germany was mainly concerned not with the U.S. dollar, but with the European Monetary System (EMS), which Europe has been clamoring to establish in the past two years. The Federal Republic of Germany is an active advocate and promoter of the EMS.

The purpose of the establishment of the system is to coordinate the exchange rate policies of European countries and establish a relatively stable exchange rate mechanism within Europe.

Since the large fluctuations in the US dollar will harm the stability of the EMS, the Federal Republic of Germany agreed to provide limited funds to the United States to maintain the stability of the US dollar. However, the Federal Republic of Germany does not support the US government's policy of revitalizing the US dollar and is unwilling to provide the United States with a large amount of funds.

funds.

During the short-lived Ford administration, the other party had to force the Federal Reserve to reduce the money supply and implement a tightening monetary policy.

The Reagan administration knew that the Europeans were busy establishing their own monetary system at this critical moment when the dollar's status was unstable, so it was impossible for the Reagan administration to ask the Europeans to pay for its huge fiscal deficit.

Then, Reagan set his sights on Asia.

He first looked at the largest country in East Asia, and then shook his head - that country didn't have any foreign exchange, it didn't even have a market now, and its attitude towards the Soviet Union was still so ambiguous, so it was naturally not an option.

But Reagan still had a good choice - Japan.

Yes, the Reagan administration can only rely on attracting funds from Japan to purchase U.S. medium- and long-term treasury bonds.

"Now, only Japan can help us get through this difficult time."

Reagan knew that his new economic policy was a policy that could not last long. If this strategy continued in the long run, it would inevitably lead to a series of changes.

Military expenditures are increasing year by year, and it is unclear whether the tax reduction strategy will benefit the big capitalists in the end. The reduction of welfare policies has already earned Reagan the criticism of many people.

But even so, the Soviet Union's development momentum has surpassed Reagan and others.

At this time, Reagan had no other options.

What Reagan could do was to get out of this predicament by passing on his own risks at this time.

Well...commonly known as shearing wool.

Japan is a sheep raised by the United States. Compared with Europe, which has independent will, Japan, the "son country", is the closest to the United States, the "father country".

"It's you, Japan!" Japan! "

In order to attract international capital, especially Japan's investment funds, since January 1, 1979, the Reagan government has implemented the policy of "high interest rates" and "strong dollar". High -interest rate policy attracts a large number of institutions and institutions in Japan with high interests as bait as the bait as the bait as the bait.

Personal investment capital, a strong US dollar policy is enough to stabilize Japanese investors' confidence in the US dollar.

The Reagan government's policy with the main goal of attracting international capital has achieved a very good effect.

But this policy has been strongly attacked and opposed by domestic.

In this context, many large manufacturing companies, members of Congress, and other related interest groups have strongly demanded the Reagan government to interfere with the foreign exchange market and depreciate the US dollar to save the increasingly depressed American manufacturing industry.

It is because of the long -term development of the United States and requires the government to change the policy of a strong US dollar.

But the Reagan government ignored these appeals and requirements. Because the Reagan government knew that it attracted international capital to the greatest extent, especially the inflow of Japanese capital to the United States, the most in line with the US economic and political interests.

As long as a large number of Japanese capital continues to flow into the United States, it can make up for the increasing trade and service project deficits of the United States. The US's international revenue and expenditure can still be balanced. Is this not good? Not only that, there are extra funds in the United States. There are extra funds in the United States.

This is a good way to develop foreign investment and maintain the globalization of the United States. This is a good way.

But Reagan's approach hurts domestic companies.

Just at this time, another news appeared.

Catherine Edson and China jointly announced on January 28 that the Ark Group will invest 5 billion US dollars to build a series of industrial bases in the Yangtze River Delta and the Pearl River Delta region in China.

This day happened to be the New Year of China, which is also deliberately doing it in China.

At this time, American companies seemed to see the dawn!

In fact, many people already want to go to China, but they are often blocked by China because of policy relationships.

But at this time, China He and Ark Group had a cooperation plan, which surprised these people!

They wanted to run to China with interest, and Reagan's policy became the whip driving them!

——Who people make the world unreasonable?

And they don't know that China has a good opinion of Catherine. Catherine's telegram in 1976 saved the people in a city in the earthquake.

Different ...

On the other side, Reagan also seems to play High.

Is it enough to go to Japan to cut wool?

No, this is just the beginning.

"This is the most important bill for financial institutions in the past 50 years. It provides long -term effective solutions to the savings institutions that are trapped." Ronald.

The bill was claimed.

At this time, Reagan doesn't know what he did ...

Nympho

The second more today!

There are four more! (To be continued) RQ! ~!

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