Rebirth of the Financial Overlord

"Asshole. Damn asshole."

"What qualifications does the UK now have to threaten us?"

"Damn thing, a bunch of crap."

For several days in a row, the British side pressed forward step by step and forced Germany to cut interest rates. This made Schlesinger angry. He was completely irritated by Norman Lamont's metaphor. Although he didn't say anything on the spot, he walked out of the conference room , and started yelling.

Now that the British economy is going from bad to worse, pegging the pound to the mark means that the pound is overvalued, which means that, as a union, Germany is paying for the consumption of the British.

However, Norman Lamont not only did not show his gratitude, but instead ordered him to do so arrogantly. Schlesinger felt that it was very necessary for him to let the current British see clearly who was begging whom.

"Mr. Schlesinger, hello. I am Sarah Connor, a reporter from the Frankfurter Allgemeine Zeitung. Economist Daniel Brühl said that the current regional economic differentiation in Germany is abnormal, and the inflation rate remains high. If the central bank lowers interest rates, inflation will come out of a It is a very dangerous situation, which will seriously damage the interests of Germany. What do you think about this?"

Suddenly, a sexy reporter rushed to Schlesinger with a microphone.

Schlesinger, who was cursing in a low voice, had to restrain his attitude. As the governor of a country's central bank, he represented Germany at this time.

Daniel Bruch, a prominent GDR economist who had been an anti-Schlesinger, was one of Schlesinger's main rivals before the central bank merger.

This is a very dangerous signal.

Daniel Bruch has huge supporters in the original democratic camp. Once he is caught attacking this matter, his position as the central bank governor will even be impeached. Moreover, the merger of East and West Germany once caused regional economic differences to become unbalanced, like an undercurrent. If it is not well controlled, no one knows what consequences will erupt.

The economic base always determines the superstructure. Once the economy is out of control, Germany, which has finally been unified with great difficulty, will fall into the crisis of splitting again.

Whether it is the governor of a country's central bank, Schlesinger made a decision in just a moment.

Since Britain and Italy are so stupid, let them see the cost of stupidity first, and wait until Germany hurts before helping them. They will be more aware of their current position than they are now.

"Connor. My point of view is that I can't guarantee the future direction of interest rates. As we all know, the first responsibility and obligation of the central bank is to control the inflation rate and prevent populism from erupting again."

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"I'm pessimistically saying that I don't have much faith in fixed exchange rate relationships between European currencies."

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"Especially with the weak base of the lira, Italy's economic situation has been so bad in recent years that a fixed exchange rate is a fool's errand."

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Maybe it was completely irritated by Lamont's attitude, maybe it was because I hated Italy's betrayal again from the bottom of my heart, or maybe I was forced to have no other choice by the sharp questions from the German reporters.

From the current exchange rate mechanism to the economic differences among countries, Schlesinger admitted that there are certain defects in the European exchange rate system.

Presumably to emphasize that this was not Germany's intention, he elaborated on the Bundesbank's role after World War II and pointed to the existing weak foundations of the Italian lira.

what does that mean?

It means that Schlesinger admits that there is a problem with the exchange rate mechanism, and it also means that he is singing empty lira.

But obviously, Schlesinger himself was not aware of this problem, or rather, he was aware of it, but he did it anyway. For the guy who stabbed the knife in the back, he must let them taste the pain to make them surrender, isn't it?

Therefore, an audience not far away had an uncontrollable excitement in his eyes.

A Jew, about sixty years old, wearing a black suit and a blue tie, looks a little fat, but also a little simple and honest.

This is none other than George Soros.

This is a game, a game of generals.

Kane Jimmy has a wide network of relationships in Germany, and has close relationships with many professors and experts in the economic field, and Daniel Bruch is one of his friends.

Of course, as a practitioner in the financial industry, maintaining a good relationship with media organizations is also one of the elements. So before this, the beautiful Miss Sarah Connor, before coming to Bath, had an in-depth exchange with Kane Jimmy on the hotel bed.

Unfortunately, Schlesinger had no idea that this was a chess game, an evolution of a chess game from Chinese chess.

A chess game that was played long, long ago.

But now, nothing matters.

In order to ensure that what he heard was correct, Soros walked over immediately after Schlesinger finished speaking.

"Mr. Schlesinger, hello. I'm George Soros."

Schlesinger, who was about to leave, had to stop. Just as George Soros knew him, he also knew George Soros.

Although, they haven't seen each other.

But the name of the person, the shadow of the tree, we are all on the same level. At this time, it is very rude to leave. In desperation, Schlesinger just reached out and shook hands with Soros.

"Hello, Your Excellency Soros."

"Thank you for stopping, sir. I don't know, what do you think of the ecu becoming the currency of a unified Europe."

This is a very fucking question.

Because, Gros ECU, ECU, it was the first currency issued by Louis XIII of France, although the current ECU is not the same as the French ECU.

"A unified European currency can help European countries avoid more economic frictions and develop peacefully. It can also promote the pan-European economic system to quickly overcome the current economic weakness. I like the concept of a unified European currency. However, the ECU The name is too old, and it is easy to remind people of the brutality of Louis XIII. Therefore, I would rather call this unified currency the Mark."

This is a very veiled answer, but it is also a very straightforward and strong answer. It is not only against the aggressiveness of the British, but also against the constant tricks of France behind the scenes.

Very German answer.

And the answer was as clear as Soros had hoped.

Germany wants a unified European currency, and the central bank is pushing to embrace the idea of ​​currency union, but not at any cost, its priority being to preserve the Deutsche mark's fine tradition of preventing inflation if other economies can't stand the resulting consequences austerity, then their currencies should be devalued.

Does the governor of a country's central bank know what impact these remarks will have?

the answer is negative.

Schlesinger was able to be selected by Kohl to assume the duties of the central bank governor just after the merger of East and West Germany. His political sense is undoubtedly outstanding.

Soros doubted that Schlesinger would be content to see his hardline stance on inflation undermine plans for a European monetary union whose goals included the creation of the European Central Bank, which would replace the Bundesbank .

But Soros probably never dreamed that the reason why Schlesinger made this decision was half due to his speculation, and the other half was completely out of anger.

Yes, those words that Lamont keeps repeating: no one understands the economy better than me, no one understands better than me, no one understands what the Bundesbank needs to do now, no one understands interest rate differentials better than me What will be the consequences.

In some respects, Lamont was right, but to Schlesinger, it meant something else entirely.

This is equivalent to Lamont telling him what to do and teaching Germany what to do.

Simply unforgivable.

But what Soros thinks is indeed correct, people are all selfish, and groups of people are also selfish.

And this selfishness is the instinctive protection awareness of people when encountering a crisis.

Financial and banking institutions also have a sense of protection and have the motivation to protect themselves. Schlesinger, as a professional central bank official, is likely to be a representative of this trend in the face of the European Central Bank replacing the German Central Bank.

"Stanley. I believe that the lira is about to depreciate and you should increase your short lira position to the size of your current position."

"Are you sure? George?"

"Of course. I'm sure you'll know why soon. Now, I'm going to the airport and try to get back by tonight. This time, we're going to make a fortune again."

Robert John, the name of a person, in Western countries, such a name is as common as Zhang Shuai in China.

"Robert. I have just come back from England, and according to my judgment, the Italian lira must be devalued. But now, I want to hear your exact opinion on the pound."