Author: Khurav

"Misunderstanding! It's all a misunderstanding!!"

"What I want to express is that there is not much difference between 200 yen for 1 US dollar and 199 yen for 1 US dollar!"

"I just want to avoid market panic. This does not mean that the Bank of Japan can accept 190 yen for 1 U.S. dollar. Please rest assured that we will definitely make corresponding adjustments to this! Everything is fine."

Turning off the TV at home with a "pop" and sitting alone in the living room of Douglas's old house, Carter leaned back on the sofa and looked around at the familiar furnishings.

Today is January 26th, only two days have passed since the news report reprinted by Reuters, but in these two days, everything has changed!

The principle of three people becoming a tiger is extremely obvious in this incident: although it was shaky at first, it has always been strong. The swinging exchange rate directly broke through in just two days after the Reuters report came out.

This line is 200.

As an outside observer, Carter felt a little happy.

If you bring Ying, you have to bring Ying!!

When it comes to stirring up shit, Dai Ying admits that he is second, but who dares to admit that he is first?!

Compared with the BBC's underworld filter and similar simple rumor-mongering methods in later generations, the effect achieved this time was unexpectedly good! So much so that Carter became suspicious.

Can a simple reposted report, coupled with a certain degree of misinterpretation, really create such strong market sentiment?

Can it really trigger a large number of financial institutions, including Wall Street in the United States, the City of London in the United Kingdom, and the International Financial Center in Paris, France, to make a unified decision to buy Japanese yen and sell U.S. dollars?!

The general public and some small financial institutions may be deceived by media public opinion. In the mood of the appreciation of the yen, their confidence is strengthened by this report. But for those big institutions, don't even mention big institutions.

Just like myself, who is more well-informed, I actually understand that the goals of the Plaza Accord have been achieved long ago!

In other words, the Bank of Japan can now restart the money printing press, start increasing the supply of yen to the market, and then depreciate the yen currency!

Without devaluing the yen to a certain extent, Japan would not really offend the United States by doing this. At most, it would just deceive such a group of speculators.

And here's the weird thing!

Why hasn’t the Bank of Japan sold out the yen in a big way to maintain the price stability of the yen? How do these international capitals, led by the United States, hedge this part of the risk when faced with the possible risk of depreciation of the yen? In other words,

They entered the market at around 200 yen per US dollar. When the Japanese yen currency is relatively "high", how can they ensure that the yen will not depreciate back to more than 200?!

Unable to understand this problem, Carter has been afraid to take corresponding action.

On the one hand, Black Flag Bank Holdings only earns about 15% of its annual income from the financial market. While ensuring that the bank's capital meets regulatory requirements, this part of the income cannot hedge against the bank's own losses; on the other hand, there is the Japanese yen

feast

Carter has thought more than once about letting Black Flag enter the market and participate in this feast. However, liquidity risk is the core of Carter's concerns.

“I feel pained that as the person in charge of currency policy, my speech should be unified to the sentence ‘Only God knows’. From now on, no matter what question you ask me, as long as it is about currency, I will answer ‘Only God knows’.”

On January 28, Japanese Tibetan Prime Minister Noboru Takeshita spoke publicly to the media again

This speech, which seemed to be complaining and grumbling, did not effectively convey to the outside world that the original intention of his previous words was only to comfort the market, not to predict monetary policy. Instead, it was more like a declaration of resignation by a powerless person.

And the market will beat the drowned dog hard.

On February 10, the currency exchange rate between the United States and Japan exceeded 190 yen to 1 US dollar; on February 20, the exchange rate exceeded 180 yen to 1 US dollar.

Then, after a month of stalemate, on March 17, the U.S.-Japan exchange rate reached 174 yen to 1 U.S. dollar, reaching the highest value of the U.S.-Japan exchange rate after World War II.

Similarly, on this day, Carter received a letter of command from the National Guard. Officially through the Army's Special Talent Introduction Channel, he was converted from a second lieutenant in the Georgia National Guard to a second lieutenant in the Army and entered active duty.

What's interesting is that the job arrangement is still in the Eighth Army, but he has changed from the previous guard platoon leader to the person in charge of the base barracks facilities, the housing management section officer.

The value of this position is completely incomparable with the previous position, but it happens to be Carter's favorite position. Even barracks management.

The next day, as the Bank of Japan began selling the yen, Carter boarded a flight to South Korea again.

Because Carter was on the list of persons prohibited from entering South Korea, Carter had to endure the deafening roar of military transport planes when he entered South Korea this time. He landed at the Seoul Air Force Base with his head buzzing, and then directly transferred to a military vehicle and returned to Yongsan.

"Long time no see! Sit down, coffee has been made for you!"

"Thank you. General, why did you come to me this time?"

Sitting in Lieutenant General Livesey's office, Carter sat down without any courtesy.

"It's nothing serious. You should know that you can't go out for personal reasons this time, right? Or you can go out secretly, but if you are found out, it will be very difficult for us."

"I understand, I'm not a person who can't stand loneliness, don't worry."

"That's good! You did a good job last time, and the frequency of recent incidents has become much smaller. This time, you are assigned to the housing management department. On the one hand, it is necessary to keep a low profile, and on the other hand"

Lieutenant General Livesey's eyes were full of fun

"By the end of this year, you should be promoted to lieutenant. The Housing Management Department is a small unit, and Captain Yodel Brooke basically has no hope of promotion. He is just waiting for his service period to end. I have said hello to him, if you

If you want to do something, he usually won't make things difficult for you, and after a while, I will transfer Captain Andy Boer from the headquarters battalion to you, and then there should be no one to hinder you."

"What am I going to do? I haven't thought about it."

Camps, houses, facilities management work, thinking about the functions of this unit, and Lieutenant General Livesey's undisguised hint, Carter suddenly thought of a possibility:

"You plan to adjust the commercial facilities and supporting facilities in the camp. No, should I say, subcontract the service provider? Can I make the decision?"

"Of course you can't make the decision, but you can promote the process. In addition, you need to bear your own responsibility for how to explain and how to deal with the original service provider."

"I understand! Then I will report to the Housing Management Department!"
Chapter completed!