Reborn Capital Madman

"he11o,..." Gao Xian first introduced himself calmly, and then greeted David Rockefeller: "Dear Mr. Rockefeller, thank you for giving me the first opportunity to ask a question."

"As we all know, after the end of World War II, the Bretton Woods system was established, with the official price of gold at an ounce of thirty-five dollars."

"At the highest time, the United States' gold reserves exceeded US$24 billion, accounting for more than 70% of the world's total gold reserves."

"However, with the revival of Western Europe's economy, the rise of the Yiben economy, the repeated explosion of the US dollar crisis, etc., the current situation has continued to lose gold reserves, and by the previous year, it has dropped to around 12 billion US dollars."

"Dear Mr. Rockefeller, my question is, when do you think the Bretton Woods system of 35 ounces of gold will end, or be in name only? And how should our investments avoid the depreciation of the US dollar?

The risks brought?”

As soon as Gao Xian finished speaking, the participants in the audience straightened their backs in unison, and their eyes gathered on David Rockefeller on the stage, all of whom were excited, "This question is explosive!"

David Rockefeller was holding the cup leisurely, preparing to take a few sips to moisten his throat. But when Gao Qian threw the problem, he gently put the cup back to its original place.

Even if you have a prominent status as David Rockefeller, it is difficult to answer this question easily.

David Rockefeller thought in his heart while saying in "American humor": "Are you also called David?"

Gao Xian nodded as if he didn't understand, and said to himself, "A name with such a bad street will not be a disgusting thing."

David Rockefeller continued to sloppyly and said: "Your question is interesting and you have carefully listed the data."

Gao Xian nodded innocently again, and muttered to himself, "If it weren't for worrying, the CIA might have targeted me, and I could have listed this year's data."

Guo Bowei, the Hong Kong Government Finance Secretary, who was sitting next to David Rockefeller, felt very happy after seeing this scene. He picked up the cup and sipped it. He suddenly felt that the weak fire had disappeared, and his internal organs were so cold that they felt very uncomfortable.

Humph, you know it's difficult too!

When David Rockefeller came to Xiangjiang this time, Guo Bowei, a Hong Kong official, deeply felt that Xiangjiang's "God of Wealth" was really not easy to be, and the pressure increased sharply.

It is not difficult to imagine that David Rockefeller is inevitably involved in the demands of interest in open and secretly and he has made some pointers about the current economic situation in Hong Kong.

"The environment of Xiangjiang is famous for its freedom, but in my opinion, it is nothing more than a false statement."

"You see, Star Singapore, which is in Asia, does not impose interest tax on US dollar deposits, but Hong Kong has always imposed interest tax on foreign currencies other than the British pound."

Guo Bowei was not only nodding and bowing, but also felt so frustrated.

You should know that during the tenure of the Hong Kong Government, the fiscal policy that Guo Bowei formulated for Hong Kong was "lazy" and has been unswervingly implementing it.

In this case, is the environment in Xiangjiang not free enough?

Isn’t this picking the bones in the eggs?

Ultimately, this has nothing to do with whether the economic environment is free, but rather a conflict of interest.

Since the first dollar crisis after the end of World War II broke out in 1960, the loss of gold reserves in the United States has significantly accelerated, and the US dollar has been depreciating in fact against gold.

Under the Bretton Woods system, governments of all countries need to work with the United States government to maintain a gold price of 35 US dollars per ounce in the international financial market; while governments of other countries determine their own currencies according to the value of their respective currencies.

The exchange rate between the US dollar is an adjustable fixed exchange rate.

According to the provisions of the International Monetary Fund Agreement, the exchange rate of the currency of the member states against the US dollar can only fluctuate within one percent of the statutory exchange rate.

If the market exchange rate exceeds one percent of the statutory exchange rate, governments of all countries have the obligation to intervene in the foreign exchange market to maintain exchange rate stability.

If the statutory exchange rate of Member States changes by more than 10%, it must be approved by the International Monetary Fund.

Now, due to factors such as the economic revival of Western Europe, the rise of the Yiben economy, the US trade deficit, the Vietnam War fell into a quagmire, and other factors, the actual depreciation trend of the US dollar against gold is irreversible.

However, the Bretton Woods system requires other member states to maintain a fixed exchange rate between their own currencies and the US dollar.

This invisibly led to an asymmetric financial system. People outside the United States will realize that their hard-earned money will be used to support the living standards of Americans and subsidize the performance of American multinational corporations.

No one can accept this kind of squeeze!

What's more, Xiangjiang itself is still in the pound economic zone where it is surviving, which is equivalent to having two "landlords and wealth" on its head.

Therefore, Guo Bowei admired David Rockefeller beside him, and while talking about "American humor", he thought about the problem that Gao Xian threw over, so he was so refreshed.

Hum, it depends on how you answer, when will this damn Bretton Woods system end?

Of course, David Rockefeller would not give the timetable for the collapse of the Bretton Woods system so obviously. After a few maneuvers and delaying for a while, he had no choice but to turn to the topic and said vaguely:

The US dollar is indeed facing great pressure to depreciate, but I don’t know what further response measures will be taken, and the US President will decide based on the interests of the United States.”

Well, this "burden" was thrown to the US President by David Rockefeller.

David Rockefeller should have felt that his answer was too coping with the situation, so he changed the topic and continued to chase Gaoxian to play "American humor". "Young man, you are so concerned about the prospects of the Bretton Woods system,

Are you planning to invest in gold?”

Gao Xian, who had long expected David Rockefeller to evade in answering questions, asked back with a "naive" smile: "Mr. Rockefeller, do you think this investment strategy is feasible?"

"Very creative and bold." David Rockefeller nodded, "Okay, young man, I remember you."

Speaking of this, David Rockefeller continued to change the topic and asked the Xiangjiang Finance Secretary Guo Bowei next to him, "As far as I know, Xiangjiang is still implementing controls on gold, right?"

Guo Bowei, who was with him, quickly hid his mood to watch the fun, nodded and replied: "Yes, that's true."

...

Bow to thank the Yangzhou gangsters, o good | good | rewards for the floating clouds in the sky!!

&1t;/br>

&1t;/br>

ps: Book friends, I am Jie Zu, I recommend a free novel app that supports novel download, listening to books, zero advertising, and multiple reading modes. Please follow the WeChat official account: dazhuzaiyuedu (long press and copy for three seconds) Book friends

Let's pay attention!

&1t;/br>

&1t;/br>