Chapter 448: Love Capitalism
Just after watching Treasury Secretary Baker's speech on TV, the phone in the living room rang urgently.
"Moshimoshi?"
"President Shirakawa, I'm Arai Yutaka. The Japanese yen has started to rise again in the foreign exchange market, and the exchange rate has just risen above 160."
As expected, Baichuan Feng sighed, "Does Beidu Bank have any estimate for this appreciation?"
"The situation is not optimistic, and the internally calculated exchange rate is likely to rise above 150 yen, a record high."
The US fiscal deficit is too exaggerated. Treasury Secretary Baker's speech just now is equivalent to shouting to the market that the US dollar needs to continue to fall.
However, if the US dollar falls, there must be a corresponding increase in the currency.
Looking at the performance of the countries involved in the Plaza Accord, there is no doubt that the yen is appreciating.
Not to mention that the other four countries maintained a tacit understanding and isolated Japan in foreign exchange.
The foreign exchange market alone will also give corresponding feedback.
After all, the yen appreciated so quickly before, and now that speculators are making another move, it will definitely be their target again.
This has also been proven from what Yutaka Arai said just now.
If the Japanese yen appreciates again, many small and medium-sized enterprises that have barely managed to catch their breath will probably find it even more difficult.
"Re-evaluate the physical manufacturing industry under Shirakawa Holdings and accelerate the relocation of production capacity if possible."
Originally, Baichuan Feng was planning to proceed step by step, but looking at the current signs, it would be better to shorten this cycle significantly.
"Hai, we have already made relevant preparations. But as for the Ministry of Finance..." Arai Yu's tone was a little hesitant.
Baichuan Feng knew what he wanted to say, which was nothing more than the appreciation of the yen again. The Ministry of Finance would probably ask several domestic banks to cooperate in buying dollars and selling yen to slow down the appreciation of the yen.
However, Baichuan Feng did not have much hope for a country's central bank to fight against the entire global foreign exchange market.
"It's just a gesture, and the specific scale will be controlled by Beidu Bank itself."
We have to give some face, but Beidu Bank is not the main force, and we have to look to the other six major banks for real action.
However, Shirakawa Kaede knew very well that this was a bottomless pit, and Japan itself could not save the exchange rate of the yen.
The appreciation of the Japanese yen is not scary. What is scary is that you will do various evil things and ruin a good hand of cards.
However, Baichuan Feng shouldn't worry about these things, he doesn't have the time for that.
However, as Kitato Bank has grown, the Ministry of Finance is now considering Kitato Bank for matters such as currency manipulation.
Alas, the name of chaebol is becoming more and more well-deserved.
After talking a few more words to Arai Yu, Shirakawa Feng hung up the phone.
At this moment, the TV commentator was analyzing the impact of Baker's speech.
Shirakawa Kaede smiled at this and thought that the presidents of the real economy would probably curse the Ministry of Finance for being an idiot again.
What happened next was exactly as Arai Yu and his colleagues had expected. Two weeks after Treasury Secretary Baker's speech, the yen exchange rate had risen above 150.
This is the highest exchange rate the yen has appreciated to since the Plaza Accord.
Finance Minister Kiichi Miyazawa, who had been feeling uneasy before, did not call the Bank of Japan president to ask if there would be any problems tomorrow.
He directly booked a flight for the next day and started his quick visit to the United States.
Why visit the US? Of course, to beg for mercy from the US father.
But this is just his wishful thinking. The American daddy is busy with his own affairs, so how can he speak to the market for the Japanese yen?
Even the United States hopes that the yen will appreciate a little more to ease its own financial pressure and improve its trade deficit problem.
Having received no feedback, Kiichi Miyazawa could only speak to the media. He believed that the G5 finance ministers should hold another meeting in response to the instability in the foreign exchange market.
But unfortunately, almost no other country responded to his call. Everyone was just waiting for Japan's blood milk to come to them. How could they possibly save you?
Watching the fire from the other side of the river is a noble approach, while adding insult to injury is the normal reaction.
Having gained nothing in North America, Miyazawa Kiichi had no choice but to return to Japan and could only find a way out on his own again.
So on February 20, the Bank of Japan decided to lower the benchmark gold rate by another 0.5%, bringing the bank interest rate down to 2.5%.
With this strong medicine, plus the more than 6 trillion yen previously approved by the Ministry of Finance, this is a super gift package to boost residential construction and metropolitan redevelopment.
All the hot money in Japan is flowing into the stock market and real estate. At the same time, due to the continued appreciation of the yen, people are gradually developing extravagant consumption habits.
In the past, 10,000 yen could only buy one imported bag, but now you can buy two!
So what are you hesitating about? Buy it now!
…
Since graduating from Akita University, Daimaru has been arranged by Shirakawa Kaede to intern at the Shirakawa Electric headquarters in Tokyo.
According to the plan, he will first rotate through several departments including the manufacturing department, technical department, general management department, marketing department, etc.
From production design to marketing, he stayed in each department for three months to half a year, and finally returned to Shirakawa Feng as an assistant.
After a few years of such training, you can be transferred to a certain department to take charge of your own affairs.
Of course, this was Shirakawa Feng's training plan for him. At this time, Damaru did not know his future arrangements.
In March 1987, he was transferred to the General Management Department.
Unlike those rough guys in the Technical Department, the girls in the General Management Department are much more pleasing to the eye.
In particular, a girl named Nanako attracted Omaru's attention.
She has a pretty face, cheerful personality, and looks very cute when she smiles.
After asking around, Damaru found out that Nanako had just joined the company and was still in the internship stage.
It turns out she hasn’t graduated yet, no wonder she’s so pure and cute.
Damaru's eyes lit up and he paid more attention to Nanako's every move. According to his observation, she went to get off work and came home on time every day and had a very regular life.
As someone who already had some theoretical experience on campus, Omaru knew what this meant.
If my guess is correct, Nanako is probably still single now.
Damaru, who was secretly a little excited, started to move closer to Nanako for no reason.
Unfortunately, due to his shy personality and lack of relevant experience, Damaru has been slow to take action.
On this day, he walked slowly past Nanako's desk as usual, and at the same time, he pricked up his ears to listen carefully to her conversation with several girls.
Daimaru's desk is just behind Nanako, and through this way he learned about Nanako's preferences, such as her love for various types of sushi and her dislike for swimming.
Whenever he learned something about the other person's interests and hobbies, Damaru felt an inexplicable sense of satisfaction.
Is this love? No, should I say secret love?
Damaru himself couldn't explain the feeling, it was hazy and floating.
Such a cute girl must have a lot of admirers.
Who has made the situation in Japan where there are more boys than girls? It is even like this in school, where there are far more boys than girls.
Yes, in the current era the number of young men is far greater than that of women.
This was due to some suicidal reasons, and a large number of young men died in Japan in the 1930s and 1940s.
So after that period of history ended, both the government and the public encouraged the birth of boys.
As a result, Japan's male birth rate began to rise continuously, especially during the period from 1960 to 1966, when the number of baby boys far exceeded that of baby girls.
When this group of newborns enter adulthood, that is, twenty years later, it will be the 1980s.
At this time, there is an imbalance in the ratio of marriageable men and women. There are more men than women, which is normal.
As a result, girls have more choices in love, and even the proportion of employed women has increased significantly.
At the school's social gatherings, one-on-one situations rarely occur. It is more common for a girl to socialize with multiple boys at the same time.
In slang terms, it is "daily routine" and everyone has become accustomed to it.
Especially in the past two years, with the gradual rise of the popularity of bathing, many men regard the women they pursue as "queens" and use various means to please them.
"Nanako, will your errand boy come to pick you up today?" Several girls gathered together and started gossiping.
"Hate it~, how rude." Nanako said this while pouting her lips like a spoiled child.
"The errand boy is away on a business trip lately, but the bill payer will come over and treat me to kaiseki."
"Eh" the girls around exclaimed in unison.
"Nanako, you are amazing. You have collected all the errands, bill payers, and tribute payers.
I just don’t know if Ben Ming Jun has appeared.”
Nanako's expression was a little proud and a little reserved, "Just go with the flow, I won't get married for the time being anyway."
"Hey, Nanako is so playful~"
"Hate it~, you are all the same, and you are making fun of me~"
"Hehe~" A group of girls laughed and it was obvious that this was not the first time they had played such a joke on each other.
Errand runner, bill payer, tribute payer, and darling, these are the ways girls classify the boys who pursue them.
A errand runner is a driver who runs errands for you when you need him.
Nowadays, girls never take the subway or tram when they go out. The errand boys who pick them up and drop them off will solve all their worries for them.
Mr. Payer, girls will definitely think of you when they go out to eat.
According to Weekly Women’s Magazine, women in the Golden Age did not need to carry a purse when leaving the house.
The term "golden age" has become widely circulated since it was first coined by the Daily News.
Shanggongjun, as the name suggests, is a boy who often gives gifts to girls.
Because of their attentiveness, girls will occasionally give them some sweet treats, but don't expect too much.
As for my destiny, there is no need to explain this, right?
Dawan, who was not far behind them, also understood what .
Although he has never been in love, he has seen it.
At this time, Damaru's expression was extremely complicated. In his mind, Nanako had always been pure and cute, but he didn't expect that she was about to gather all the four true masters.
This...is my vision really that bad?
"Nanako, have you read the latest issue of Friday? It lists the most popular gifts for girls."
The chirping sound once again reached Damaru's ears.
