Exploiting Hollywood 1980

Chapter 479 I can’t do that

"Come, come, try the fine cigars I got from the Dominican Republic." Ronald received Bannon, who had just returned from Tokyo, in an old house with an independent yard in the middle of Staten Island. \u003c/p\u003e

Bannon, on behalf of Ronald, purchased bullish contracts on the Nikkei Index and gained several times the profit. Both he and Ronald made nearly $50 million each from this big gamble. \u003c/p\u003e

[By the way, the best app for reading and listening to books is Yeguo Reading. Install the latest version. 】\u003c/p\u003e

Although it may seem like a lot, compared to those hedge fund giants who often calculate their winnings and losses with US$1 billion, this amount of money is like a small fish and cannot make any waves. \u003c/p\u003e

However, being small also has its advantages, that is, no one knows about it. Even if the two people mobilized a principal of 5 million US dollars each and threw it all into the market on Friday, no one would pay attention. After receiving the necessary profits, Bannon decisively closed the profits and stopped playing with those big funds. \u003c/p\u003e

He flew first class on ANA from Tokyo to San Francisco and back to New York. Regardless of the time difference, I came to celebrate their major victory with Ronald. \u003c/p\u003e

Ronald cut the thick cigar himself and learned to light it with pine matches for Bannon. He also got one and put it in his mouth, and started puffing away. \u003c/p\u003e

"My half of this profit will be kept on the Tokyo Stock Exchange and I will use Japanese yen to buy some stocks. Do you have any recommendations?"\u003c/p\u003e

Bannon was in very good spirits, with residual red bloodshot eyes, and his hair was slicked back, like a mastiff that had just finished hunting. \u003c/p\u003e

"I don't know, my two allies in Japan, their companies have not been listed."\u003c/p\u003e

Kitagawa's Johnny's and the Kadokawa family's Kadokawa Bookstore are both family-run private companies, and it is impossible to accept their shares. \u003c/p\u003e

"Well, then I will follow my own path. I advise you to keep most of your profits in Japanese yen, buy stocks, buy government bonds, anything will do. As long as assets are denominated in Japanese yen, our income will at least increase next year. 20%"\u003c/p\u003e

"Why?" Ronald's position was behind an old writing desk. The armchair was in the corner of the room. The blinds on the windows were closed, and only some sunlight came in through the gaps.

The bright and dark cigar head shows Ronald's position on the dark background. \u003c/p\u003e

"I remember that after the agreement was signed at the Plaza Hotel in 1985, the yen had appreciated a lot, right?"\u003c/p\u003e

Ronald didn’t quite believe Bannon’s statement. In less than two years, the yen has risen from 250 to 1 to 150 to 1, and...\u003c/p\u003e

"Just at the beginning of this year, the six Western countries plus Spain signed an agreement somewhere in the country. Didn't it mean that they were prepared to stop the disorderly appreciation of the Japanese yen and the West German mark?" Ronald only spoke to financial news. Impressions of Mo Lake. \u003c/p\u003e

The White House Chief of Staff, James Baker, a close confidant of the former Commander-in-Chief, took the lead because Nancy’s astrologer consultant said that his horoscope was unfavorable to the Commander-in-Chief. After making a childish call to the former Treasury Secretary Donald Reagan Plaza Accord. \u003c/p\u003e

But by 1987, the continued depreciation of the U.S. dollar caused Americans to experience unprecedented price increases in household appliances, electronic products, automobiles and other durable consumer goods. These are the strong products of West Germany and Japan, whose currencies have appreciated. \u003c/p\u003e

The prices of Japanese products, which used to be of high quality and low price, are gradually rising. Everyone says that this is a kind of invisible, imported inflation. \u003c/p\u003e

James Baker didn't understand economics or international trade, but he knew politics well. The meeting held at the Louvre Museum in Bari at the beginning of the year stipulated that Europe and Japan should reduce fiscal deficits, reduce appreciation pressure, and contribute to America's leadership in the Western world. \u003c/p\u003e

"The Louvre Agreement," Bannon chuckled. Ronald is an expert in Hollywood, but a layman on Wall Street. "You are right about the first step, but when the financial expenditure is added, it is not so good." It is easy to depreciate, and neither West Germany nor Japan can complete the task of reducing their deficits, so it is impossible for their currencies to depreciate against the US dollar."\u003c/p\u003e

Bannon sat opposite Ronald, facing the blinds behind Ronald's chair. There was still some sunlight shining on his face, which was very comfortable. \u003c/p\u003e

"Why does fiscal deficit equal currency appreciation?" Ronald didn't understand. \u003c/p\u003e

"This is monetary banking. It's very complicated. Simply put, government spending and trade deficits will tend to promote currency appreciation."\u003c/p\u003e

"Oh, I don't understand that. But we are America. We tell them not to appreciate the value, so they have to obey, right?" Ronald took another puff of his cigar. He really didn't understand international trade, but he knew a little bit. In terms of politics, Japan was a defeated country in World War II after all, so America stationed its troops there. \u003c/p\u003e

"That's true, but now that the stock market is in turmoil, in order to rescue the market and expand liquidity, the Federal Reserve has significantly lowered its benchmark interest rate, which is equivalent to pushing up inflation and pushing the yen to further appreciate against the U.S. dollar."\u003c/p\u003e

Bannon moved his buttocks on the chair. He felt that the posture and position facing Ronald made him feel uncomfortable, as if he had seen him before. \u003c/p\u003e

"This is what we have to do, there is no choice, so we can wait steadily for the yen to continue to appreciate and make another profit."\u003c/p\u003e

"Ah, that's good." Ronald scratched his head, "But why does pushing up inflation mean devaluing the dollar?"\u003c/p\u003e

"This is money and banking. Consumers in our country like Japanese products. Although their currency has appreciated, we have no good substitutes for their products. So our current trade deficit with them is equal to the Japanese The appreciation of the yuan is expanding, so the U.S. dollar continues to depreciate due to the huge trade deficit."\u003c/p\u003e

"Well..." Ronald thought to himself that this is so complicated. I can't understand those complicated theories. "You are right, we should hold Japanese yen."\u003c/p\u003e

"Using Japanese yen to buy assets denominated in Japanese yen..." Bannon felt increasingly uncomfortable and changed his chair again. \u003c/p\u003e

"Anyway, we made a lot of money this time. Will you invest in Hollywood in the future?" Ronald asked. \u003c/p\u003e

"Why not? With so much money, I can invest in Hollywood at the same time, continue to raise money on Wall Street, and set up my own fund."\u003c/p\u003e

"Hehehehe..." Ronald thought to himself, with so much money, he really doesn't have to make a choice. Isn't everything bad? \u003c/p\u003e

"Did Solo suffer a heavy loss? Will his Quantum Foundation go bankrupt?" Ronald thought to himself that he had to thank this Eastern European Jew, the fund manager who wrote the best-selling book "Financial Alchemy". Both myself and Bannon earned their money by playing against him. \u003c/p\u003e

"Speaking of which, Solo's short positions in the Nikkei stock index futures are not as large as expected." Bannon simply stood up, and the chair made him sit on it, as if he was shorter than Ronald out of thin air. You have to stand up and not fall behind in momentum. Although your relationship with Japan gave us the opportunity to enter the market, the actual technical operation is still mine...\u003c/p\u003e

"Oh? Did he see something was wrong?" Ronald didn't expect that Solo was so smart and didn't lose as badly as he did on the New York Stock Exchange. \u003c/p\u003e

"I suspect that his main funds are in the foreign exchange futures market, betting on the appreciation of the yen." Bannon took a puff of his cigar. This still felt wrong. The position where Ronald sat always gave people a sense of control over everything. It felt like I was standing up to report work to him. \u003c/p\u003e

"Japanese people have so many dollars in their hands, and they are buying them aggressively in America. Now the appreciation of the yen is a good thing for their chaebols, so there is not much opposition in Japan. Housewives can still take their children to travel abroad. The strong yen is also good news for them. So public opinion also supports it."\u003c/p\u003e

"You said, why is this? Lao Appreciation, their products will only become more and more expensive for American consumers, and one day their company's products will no longer be popular."\u003c/p\u003e

"It's still about currency and banking. This is called the Triffin dilemma. The U.S. dollar is the global reserve currency. Both we and Japan, our main trading rival, are faced with the dilemma of appreciation or depreciation.\u003c/p\u003e

The more developed their economy is, the more currency they will issue and the more dollars they will need for reserves. These dollars will come to America to purchase assets, causing our trade deficit. And in order to eliminate the deficit, it will cause the dollar to appreciate..."\u003c/p\u003e

"Well... you're right." Ronald spent a long time working on it, but he still couldn't understand this complicated currency and banking science. \u003c/p\u003e

He remembered two points. First, the Americans wanted to buy more things from the Japanese. To a certain extent, they did not need to produce their own products for exchange, as long as they printed dollars. \u003c/p\u003e

On the other hand, Japan prints more U.S. dollars, and Japan earns money by exporting to the United States, so it continues to accumulate a large amount of U.S. dollars. This money must come back to America to buy assets denominated in U.S. dollars. Otherwise, if it is bought into U.S. Treasury bonds and placed there, the annual Inflation losses are huge. \u003c/p\u003e

Ronald earned yen and could invest it in Japan. The U.S. dollars in the hands of Japanese people can also take advantage of the appreciation. Acquisition of high-quality assets in Aramco is an advantage no matter how you look at it. \u003c/p\u003e

No wonder Japanese people are now buying large amounts of real estate in New York and Los Angeles. \u003c/p\u003e

"So have you decided what Japanese yen assets to invest in?" Bannon felt that this position was always wrong, so he came over and asked Ronald to stand up. He wanted to sit on Ronald's chair. \u003c/p\u003e

"Me? I don't understand stocks..."\u003c/p\u003e

Of course, when it comes to picking stocks, Ronald cannot be as professional as Bannon, who was a Wall Street banker. \u003c/p\u003e

But mid-sentence, he remembered what Warren Buffy said, don't look at the stock price, look at the competitiveness of the company's products. \u003c/p\u003e

When I choose stocks such as Coca-Cola and McDonald's, I don't understand the company's competitiveness at all. I just think that because America and consumers all over the world like products like this, I must be right to buy their company's stocks. \u003c/p\u003e

So what Japanese company’s products are sold all over the world? \u003c/p\u003e

"I think I should buy some Sony stock for fun."\u003c/p\u003e

When Ronald was in America, the products he encountered most were Sony products. From Walkmans to Sony video recorders, except for the Beta format video tapes they mainly promote, other products are the best choice for their respective industries. \u003c/p\u003e

"Sony? Their market is very big and it's not easy to rise, but whatever you want, it's better to be safe." Bannon felt a little disdainful. After all, he is an artist in Hollywood and can only get some dividends from the appreciation of the yen. For him as a director, that's enough. \u003c/p\u003e

Thinking about this, Bannon leaned back in Ronald's chair. This seat was really comfortable. He was sitting with a dark background, and the face of the person opposite him was illuminated by a little sunlight coming through the blinds. On the screen, all expressions can be seen at a glance. \u003c/p\u003e

No wonder Ronald bought such a big house in Staten Island, a place where no birds come. This house is really comfortable and suitable for the elder to handle things. I don’t know who the builder is. \u003c/p\u003e

"No, why do I feel that your room looks like a movie I've seen?" Bannon realized, no wonder he felt familiar. \u003c/p\u003e

"We have known each other for so long. Is this the first time you have invited me to smoke a good cigar?" Bannon scratched his shiny hair with his little finger. He stretched out a hand and imitated the tone of the character in the movie. \u003c/p\u003e

"I don't remember the last time you invited me to your house for coffee."\u003c/p\u003e

Ronald laughed and answered. Bannon finally reacted. \u003c/p\u003e

"How the hell did you get this house where 'The Godfather' was filmed? This is the room where Marlon Brando sat and listened to everyone beg him to do something."\u003c/p\u003e

"Yes, fortunately it was in Staten Island, a cheap shooting location that Coppola found at that time. I have already found a professional prop company in Hollywood and started to restore all the furniture and scenery here, making sure to make it the same as when it was shot. Same as the Godfather."\u003c/p\u003e

"Hey, you guy, you have to lend me some money when I bring friends here." Bannon knew that many people on Wall Street admired the movie "The Godfather." I especially like to imitate the speaking style of the old godfather in it. \u003c/p\u003e

"Is it expensive?" Bannon touched here and there with satisfaction. \u003c/p\u003e

"It's not expensive, only a few hundred thousand dollars," Ronald replied with a smile. The land price here is very cheap. In addition to looking like a movie, the shots inside were all shot in a New York studio. Therefore, the reputation of this place is not obvious. The original owner felt that he still had to spend money to maintain it and pay the expensive New York State property tax, so he sold it very cheaply. \u003c/p\u003e

Ronald also had to restore the interior decoration himself according to the look in the movie. \u003c/p\u003e

"This house also comes with a part of the garden, and next to it is a larger public garden. I plan to ask the town government if it is willing to sell it. This can become a place for me to entertain friends."\u003c/p\u003e

Ronald's pockets are very deep now, and he is very bold when talking about planning. \u003c/p\u003e

"Don't you want to build a swimming pool? Have a pool party?" Bannon looked at the yard below and the large garden next to it. If he bought it all, it would be a very luxurious residence. \u003c/p\u003e

"New York is not suitable for pool parties. It's extremely cold in autumn and winter. I'm going to Los Angeles to get an apartment with an outdoor swimming pool. Do you want a loft apartment on Fifth Avenue? There's a very luxurious indoor swimming pool there."\u003c/p\u003e

"I have to take a closer look." Bannon was still a little unaccustomed to the nouveau riche temperament of Hollywood artists. What about Fifth Avenue? If you have money, you still have to go to the Upper East Side to get one. Then join the golf club there. Those members only accept new members after the death of an old member. This is called style. \u003c/p\u003e

……\u003c/p\u003e

Ronald's manager, Niceta, is back at work after her son finds a nanny. After two weeks of rest, Paula is ready to return to work. \u003c/p\u003e

Tom Cruise's new film, co-starring Lisabeth Sue of "Babysitter" fame, will start shooting in New York soon, and will also go to tropical beaches in Canada and Jamaica for filming. \u003c/p\u003e

Ronald also received a call from his "old friend" Demi Moore. She hoped that Ronald could start filming the new movie this year and let her boyfriend Bruce Willis star. \u003c/p\u003e

That day, Niceta finally gave her Ronald's phone number, and he immediately called to reconcile. \u003c/p\u003e

"But isn't Bruce's schedule enough?" Ronald said to Demi on the phone. It's time for me to go back to Hollywood and make a decision on this project, whether to postpone it to next year or change the role. \u003c/p\u003e

"I have a way."\u003c/p\u003e

"What can you do?"\u003c/p\u003e

"You promise me a condition and I will tell you."\u003c/p\u003e

"You want to be a heroine, right?"\u003c/p\u003e

Ronald guessed what Demi Moore was thinking. She was in love with Willis, but she didn't want to be a housewife. Neng and her boyfriend Bruce Willis, who is in love, also co-starred as a couple on screen. \u003c/p\u003e

This gimmick alone can take her star status to a higher level. Neither Willis nor Ronald would turn down the opportunity to gain free marketing for the film. \u003c/p\u003e

"Yes, Bruce and I's on- and off-screen romance has attracted great attention from the media since you announced the start of filming, and there will be no lack of popularity until the filming of the film is completed."\u003c/p\u003e

"Good idea, but there's a small problem. Demi." Ronald turned the receiver aside and raised his legs on the table in the corner where the godfather was sitting. \u003c/p\u003e

"What a small problem."\u003c/p\u003e

"I can't do that.\u003c/p\u003e

It's not about your relationship with Bruce, it's just that you can't play a mother of two. Demi, I understand you. If the heroine is a younger character, I can give it to you, but the family photo of the heroine, her children, and her husband is a key plot twist in the movie, and I can't help you. ”\u003c/p\u003e

"I can really let Bruce join the filming next month without delaying his silly TV series." Demi still refused to give up. \u003c/p\u003e

"I'm very interested in knowing how to do this. But the role is really not suitable for you, and I can make it up to you in other ways, Demi."\u003c/p\u003e

"Okay, when you come back to Los Angeles, we will have an interview. This is not a matter suitable to be discussed on the phone."\u003c/p\u003e

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