Exploiting Hollywood 1980 Chapter 849

  Chapter 849 I can't do that

   "Come, come, try the good cigars I got from Dominica." Ronald received Bannon, who had just returned from Tokyo, in an old house with a separate yard in central Staten Island.

  Bannon, on behalf of Ronald, bought a bullish contract on the Nikkei Index and got several times the harvest. Both he and Ronald made a profit of nearly 50 million US dollars in this big gamble.

  Although it looks like a lot, compared to those hedge fund crocodiles who easily calculate wins and losses with 1 billion US dollars, this amount of money is like a small fish, unable to make any waves.

   But being small also has its advantages, that is, no one knows, even if the two people mobilized the principal of 5 million US dollars each and threw them all into the market on Friday, no one would notice. After obtaining the required income, Bannon decisively settled the income and stopped playing with those big funds.

   He sat in the first class of ANA, stopped in San Francisco from Tokyo, and returned to New York. Regardless of the time difference, I came to celebrate their major victory with Ronald.

  Ronald cut the thick cigar himself, learned to use a pine match to help Bannon light it, and got one himself, put it in his mouth, and began to puff.

   "My half of the proceeds this time will be kept in the Tokyo Stock Exchange and bought some stocks with Japanese yen. Do you have any recommendations?"

  Bannon is in very good spirits, with red bloodshot eyes still remaining in his eyes, and his hair is combed back with a big back, like a mastiff that has just finished hunting.

   "I don't know, the companies of my two allies in Japan are not listed."

  Jennis of Kitagawa and the Kadokawa Bookstore of the Kadokawa family are both family-run private companies, and it is impossible to accept their shares.

"Well, then I will follow my own. I advise you to save the bulk of your profits in yen, buy stocks, buy government bonds, whatever. As long as assets are denominated in yen, our income will still increase next year at least 20%"

"Why?" Ronald's position was behind an old desk, and the back chair was in the corner of the room. The shutters on the windows were closed, and only some sunlight came in through the gaps. The cigar head, showing Ronald's position against the dark background.

   "I remember that after the agreement was signed at the Plaza Hotel in 1985, the yen has appreciated a lot, right?"

   Ronald is a little bit unconvinced by Bannon's statement. In less than two years, the yen has risen from 250 to 1 to 150 to 1, and...

"Just at the beginning of this year, the Group of Six Western countries and Spain signed an agreement somewhere in China. Didn't they say that they were going to stop the disorderly appreciation of the yen and the West Deutsche Mark?" Ronald only commented on financial news. vague impression.

The former commander-in-chief's confidant, White House Chief of Staff, James Baker, because Nancy's astrologer consultant said that his horoscope is not good for the commander-in-chief, after a playful call with the former Treasury Secretary Donald Reagan, he single-handedly took the lead Plaza Accord.

   But in 1987, the continued depreciation of the US dollar caused the American people 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 with currency appreciation.

  Originally, the prices of Japan's products, which were all high-quality and cheap, gradually increased. Everyone said that this was a kind of invisible, imported inflation.

  James Baker doesn't understand economics or international trade, but he understands politics very well. At the meeting held at the Louvre in Bari at the beginning of the year, it was stipulated that Europe and Japan should reduce their fiscal deficits, reduce the pressure of appreciation, and contribute to America's leadership in the Western world.

"The Louvre Agreement", Bannon chuckled. Ronald is an expert in Hollywood, but a layman on Wall Street. After that, neither West Germany nor Japan can complete the task of reducing the deficit, so it is impossible for the currency to depreciate against the U.S. dollar.”

  Bannon sat across from Ronald, facing the blind behind Ronald's chair, with some sunlight shining on his face, which was very comfortable.

   "Why does a fiscal deficit equal currency appreciation?" Ronald didn't understand.

   "This is money and banking, which is very complicated. Simply put, government expenditures and trade deficits will all have a tendency to promote currency appreciation."

"Oh, I don't understand that. But we're America, we tell them not to revalue, and they have to obediently do it?" Ronald took another puff on his cigar. He really didn't understand international trade, but he did. In terms of politics, after all, Japan is a defeated country in World War II, where is America stationed.

   "The words are correct, but now that the stock market is crashing, in order to save the market and expand liquidity, the Fed has drastically lowered the benchmark interest rate, which is equivalent to pushing up inflation, and it has also promoted the further appreciation of the yen against the dollar."

  Bannon moved his **** on the chair. He felt that the posture and seat facing Ronald gave him an uncomfortable feeling, as if he had known him before.

   "This has to be done, there is no choice, so we can safely wait for the yen to continue to appreciate and make another fortune."

   "Ah, that's good." Ronald scratched his head, "However, why does pushing up inflation equal to depreciating the dollar?"

"This is currency 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, with a huge trade deficit, the dollar continues to depreciate."

   "Eh..." Ronald thought this is so complicated, I can't understand those complicated theories, "You are right, we should hold the yen."

   "It is to use yen to buy assets denominated in yen..." Bannon felt more and more uncomfortable, and changed the chair again.

   "In short, we made a lot of money this time. Will you invest in Hollywood next?" Ronald asked.

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

   "Hey hey..." Ronald thought to himself, with so much money, it's true that he doesn't have to make a choice, is everything bad?

   "Did Solo lose money, and his Quantum Foundation won't go bankrupt and liquidate?" Ronald thought he had to thank this Eastern European Jew, the fund manager who wrote the best-selling book "Financial Alchemy". Both myself and Bannon's money were earned by playing against him.

   "Speaking of which, Solo's short Nikkei stock index futures orders are not as many as imagined." Bannon simply stood up, and the chair allowed him to sit, as if he was a head shorter than Ronald out of thin air. You have to stand up and not lag behind in momentum. Although you have the relationship with Dongpu and let us get the opportunity to enter the market, but the actual technical operation is still me...

   "Oh? Did he see something wrong?" Ronald didn't expect Solo to be so clever, and he didn't lose a big loss like he did in the New York Stock Exchange.

"I suspect that his main funds are going to the foreign exchange futures market to bet on the appreciation of the yen." Bannon took a sip of his cigar, but it still didn't feel right. Ronald's position always gave people a sense of control over everything. It felt like I stood up as if I was reporting work to him.

"There are so many dollars in the hands of Dongying people, and they are buying them in America. The appreciation of the yen is a good thing for their chaebols, so the opposition in Dongying is not strong. Those housewives can still travel abroad with their children. A strong yen is also good news for them. So the public opinion also supports it.”

   "You said, why is this? The old 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."

   "It is still money and banking, which is called Triffin's dilemma. The U.S. dollar is the global reserve currency. Whether it is us or our main trading opponent, Japan, we all have to choose between appreciation and depreciation.

  The more developed their economy is, the more currency they will issue, and then more dollars will be needed as reserves. These dollars, they will come to America to buy assets again, causing our trade deficit. And in order to eliminate the deficit, it will cause the dollar to appreciate..."

   "Well...you're right", Ronald struggled for a long time, but he still didn't understand this complicated currency and banking.

  He remembered two points. One is that the American people want to buy more things from the Japanese people. To a certain extent, they don't need to produce their own products for exchange, as long as they print dollars.

On the other hand, there are more U.S. dollars printed, and Japan continues to accumulate a large amount of U.S. dollars by exporting to the United States to earn money. The money must come back to America to buy U.S. dollar-denominated assets, or if it is bought into U.S. treasury bonds and placed there, the annual Inflation losses are huge.

   Ronald earned Japanese yen, which can be invested in Japan. The U.S. dollar in the hands of Dongying people can also take advantage of the appreciation, and the acquisition of high-quality assets in Aramco is an advantage no matter how you look at it.

   No wonder Dongying people are now buying a lot of real estate in New York and Los Angeles.

   "So have you decided to invest in any yen assets?" Bannon felt that this position was always wrong, and walked over to ask Ronald to stand up, and he wanted to sit on Ronald's chair.

   "Me? I don't understand stocks..."

   Of course Ronald is picking stocks, and it is impossible for Bannon, who was a Wall Street banker, to be professional.

   But halfway through the conversation, he remembered what Warren Buffet said, don't look at the stock price, but look at the company's product competitiveness.

  I choose CocCola, McDonald's and other stocks by myself. I don't understand the company's competitiveness at all. I just think that such a product that consumers in America and even the world like, must buy their company's stocks.

  Then what company does Dongying sell products all over the world?

   "I think it's fun to buy some Sony stock."

   When Ronald was in America, he encountered Sony products the most. From small walkmans to large Sony video recorders, except for the Beta format video tapes they mainly promote, other products are the best choice in the industry.

   "Sony? Their plate is very big, and it's not easy to rise, but it's safe to do whatever you want." Bannon felt a little disdainful. After all, he is a Hollywood artist and can only enjoy some bonuses from the appreciation of the yen. For him as a director, that's enough.

Thinking of this, Bannon leaned back on Ronald's chair. The seat was really comfortable. He was sitting in the dark background, and the face of the person opposite was illuminated by a little bit of sunlight that came in through the blinds. You can see all the facial expressions at a glance.

   No wonder Ronald bought such a big house in Staten Island, a place where no birds came. This house is really comfortable and suitable for big bosses to handle things. No idea who the builder was.

   "No, why do I feel that your room is very similar to which movie I have seen?" Bannon reacted, no wonder he felt familiar.

   "We have known each other for so long, is this the first time you have asked me to smoke a good cigar?" Bannon scratched his shiny hair with his little finger. Stretching out a hand, imitating the tone of the characters in the movie.

   "I don't remember, when was the last time you invited me to your house for coffee."

   Ronald laughed out loud and continued. Bannon finally reacted.

   "How the **** did you get this house where 'The Godfather' was filmed. This is the room where Marlon Brando sits and listens to everyone begging him to do something."

"Yes, fortunately, it was in Staten Island. At that time, Coppola found a cheap shooting location. I have already found a professional prop company in Hollywood, and started to restore all the furniture and scenery here. It must be the same as when the Godfather was shot. Same time."

   "Hey, you guy, I will bring friends here in the future, and you have to borrow it from me." Bannon knew that many people on Wall Street admired the movie "The Godfather". I especially like to imitate the way the old godfather speaks.

   "Is it expensive?" Bannon touched east and west in satisfaction.

   "It's not expensive, only hundreds of thousands of dollars." Ronald replied with a smile. The land here is very cheap. Apart from the appearance that looks like a movie, the shots inside are actually shot in a studio in New York. Therefore, the reputation here is not obvious, and the original owner felt that it would cost money to maintain it, and pay expensive New York State property taxes, so it was sold at a very cheap price.

  Ronald had to restore the interior decoration according to the appearance in the movie.

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

   Ronald's pocket is very deep now, and he is also full of pride when talking about planning.

   "Don't you build a swimming pool? Have a pool party?" Bannon looked at the yard below and the large garden next to it. If they bought all of them, it would be a very luxurious residence.

   "New York is not suitable for pool parties. It's freezing cold in autumn and winter. I'm going to Los Angeles to get one with an outdoor swimming pool. Would you like to set up a penthouse apartment on Fifth Avenue? There is a very luxurious indoor swimming pool there."

   "I have to take a closer look." Bannon was still a little unaccustomed to the temperament of an upstart like a Hollywood artist. What about Fifth Avenue, if you have money, you still have to go to the Upper East Side to get a set. Then I joined the golf club there. Those members only accept new members after the death of an old member. This is called style.

   Ronald's agent, Nisita, resumed work after her son found a nanny. Paula is also preparing to return to work after a two-week break.

  Tom Cruise's new film, in cooperation with Elizabeth Sue, who became popular because of "The Adventures of the Nanny", will start shooting in New York soon, and will also go to Canada and Jamaica to shoot scenes on tropical beaches.

   As for Ronald, he also received a call from his "old friend" Demi Moore. She hoped that Ronald could start filming the new film this year, with her boyfriend Bruce Willis as the starring role.

   This day, Nisita finally gave her Ronald's phone number, and immediately called to make a deal.

   "But, isn't Bruce's schedule enough?" Ronald said to Demi on the phone. I should also go back to Hollywood and make a decision on this project, whether to postpone it until next year or change roles.

   "I have a way."

   "What can you do?"

   "You promise me one condition, and I'll tell you."

   "Do you want to be the heroine?"

   Ronald guessed what Demi Moore was thinking. She was in love with Willis, but she didn't want to be a housewife. Can also co-star as a couple on the screen with her boyfriend Bruce Willis who is in love.

   This gimmick alone can take her star status to a new level. Neither Willis nor Ronald would turn down the opportunity to market the film for free.

   "Yes, the relationship between me and Bruce on and off the screen can get a lot of media attention from the moment you announce the start of filming, and there will be no lack of enthusiasm until the filming is completed."

   "Great idea, but there is one small problem. Demi." Ronald switched the receiver to the other side and put his legs up on the table in the corner where the godfather sat.

   "What a small problem."

   "I can't do that.

   Not because of your relationship with Bruce, but because you can't play a mother of two, Demi, I know you. If the heroine is a younger character, I can give it to you, but the family photo of the heroine and her child's husband is the focus of a plot twist in the movie, and I can't shake my bones for you. "

   "I could really get Bruce into filming next month without delaying his stupid TV show." Demi still wouldn't give up.

   "I'd be interested to know what would be the way to do this. But the role really isn't right for you, and I can compensate you in other ways, Demi."

   "Okay, when you come back to Los Angeles, we'll have an interview. It's not suitable to talk on the phone."

  (end of this chapter)

Chapter end