Rebirth of the Great Entertainment Empire Chapter 557

When Bush Sr brought Xu Cun into the presidential office, there were three people in the office.

Although Xu Cun has never met any of these three people, Xu Cun knows them all-these three are: US President Ronald Reagan, US Treasury Secretary Baker, and Federal Reserve Chairman Greenspan.

Among these three people, it is said that the most honorable person is the US President Reagan, but the person Xu Cun attaches to the most is not President Reagan but Federal Reserve Chairman Greenspan.

Xu Cun attached more importance to Greenspan than Reagan, not only because Reagan's term was coming to an end, but more importantly because Greenspan was the authoritative and decisive figure in the national economic policy of the United States. At the peak of his life, he was known as the world's "economic czar" and "dollar president". No matter where he went, he would be greeted like a head of state on the red carpet. In his briefcase hides the secrets of the "economic engine" of the United States and the world, which many have compared to the US president's nuclear button. Queen Elizabeth awarded him the title of British knighthood, and the proud French gave him the highest honor of the French Medal of Honor.

Moreover, Greenspan's tenure spanned the four US presidents of Ronald Reagan, Bush Sr., Bill Clinton, and George W. Bush for nearly two decades!

In addition, don't look at the Federal Reserve, the central bank of the United States, which is also under the control of the US government in name, but in fact the chairman of the Federal Reserve is nominated by the President of the United States, reviewed and appointed by the US Congress, and is only responsible to the US Congress.

In other words, the president of the United States has no control over the chairman of the Federal Reserve.

In the history of the United States, there have been many Fed chairs who did not like the White House—in fact, none of the previous Fed chairs would be courteous to the president, otherwise, he would be criticized from Congress and from Wall Street financial tycoons. Bowing to the White House would mean the Fed would lose its constitutional independence.

Volcker, the Fed chairman when Reagan was in office, even refused to meet Reagan at the White House.

And Greenspan is the most powerful one of the previous Fed chairs. During his tenure, Greenspan was the second most powerful person in the United States after the previous presidents. In fact, his authority even surpassed that of the American president. The President of the United States stomped his feet, and it was only the White House that shivered; but when Greenspan sneezed during his presidency, it brought heavy rain all over the world.

Greenspan is so awesome!

Xu Cun attaches great importance to Greenspan, and Greenspan also attaches great importance to Xu Cun - as soon as Xu Cun entered the President's Office, Greenspan took the initiative to shake hands with Xu Cun, and said with a smile: "When I heard people from the CIA talk about you, I I just want to see you, can you tell me how you concluded that the stock market crash would happen?"

Xu Cun snorted and said, "I'm just yelling, how can I infer something like a stock market crash?"

Greenspan gave Xu Cun a meaningful look and said with certainty, "Those who say in the newspapers that the stock market crash will happen every day are just ranting, you are really capable."

Xu Cun shied away and said, "You are overrated."

Seeing that Xu Cun refused to admit that he inferred the stock market crash, how could someone as smart as Greenspan not understand the reason?

Greenspan said: "Okay, let's find time to talk about this topic in the future. Well... Then can you tell us how we can stop the spread of this stock market crash?"

As soon as Greenspan's voice fell, Reagan, Bush Sr, and Baker all looked at Xu Cun, the man who successfully calculated that the stock market crash would happen and could take advantage of it to rob.

In the current situation, Xu Cun had to show some of his abilities. Otherwise, if you are looked down upon by these big men, it may have some impact on Xu Cun's plan.

Therefore, after summing up the language a little, Xu Cun said: "It is not difficult to stop the spread of this stock market crash, as long as the bank secretly doubles the loan to the securities company and supplements it with your responsible speech... However, in this way , it may bring huge hidden dangers to the American economic system..."

Greenspan asked calmly, "What's the hidden danger?"

Xu Cun said: "If the U.S. government and the Federal Reserve respond to the stock market crash like this, it will undoubtedly usher in a new era. When the financial market encounters a serious market downturn, the government and the central bank are fully capable of stabilizing investor confidence and even avoiding the financial crisis. The economic recession and banking crisis will accompany the financial market. However, this kind of behavior of intervening in the financial market will definitely accumulate a lot of bubbles in the financial market later, and make the financial market embark on the road of irrational prosperity. If things go on like this, the U.S. government and the The Fed will be firmly tied to the financial market, and as long as the U.S. government and the Fed mishandle once, it may cause a huge economic crisis.”

Greenspan glanced at Reagan and Baker before saying, "What do you think?"

Xu Cun said leisurely: "Leave it alone, the market will eventually make the most correct choice." ——Xu Cun This is not a nonsense~www.mtlnovel.com~ This economic viewpoint he said is a faction of economists who have always insisted economic point of view.

but--

Having said that, Xu Cun also knew that Reagan and Greenspan would definitely not adopt their own advice-generally US presidents would only pursue the effect of the current term, not to mention that Reagan was the last of his term. One shift, how could Reagan allow the stock market crash to spread on his last shift? In contrast, the Fed is still more focused on the pros and cons of long-term development, but Greenspan, no matter how responsible he is, can't afford to indulge the **** cauldron of the stock market crash. Therefore, even if Reagan and Greenspan really agreed with Xu Cun's suggestion, they would never adopt Xu Cun's suggestion.

really--

Hearing Xu Cun's point of view, Reagan immediately gave Baker a wink.

Seeing the wink from Reagan, Baker immediately said: "Let the stock market crash develop, what if it causes the Great Depression, and let the American people have such terrible nightmares, then we people will become sinners in the United States. Go to hell!"

Xu Cunlai is not arguing with others. Besides, Xu Cun is not an economist, let alone an economist's belief in the truth.

Therefore, upon hearing Baker's rebuttal, Xu Cun smiled at Baker, and then stopped talking.

Seeing that Xu Cun was not arguing, the few people present were the best, and immediately judged that Xu Cun was an extremely pragmatic person.

So, Reagan, who knew how to get along with pragmatic people, said directly: "Mr. Xu, I invited you to come here, just to ask, would you like to help the United States get through this current hurdle?"

Hearing Reagan's question, Xu Cun immediately corrected his expression, and then said, "If my idea is approved, I can spend all the money I made from the United States this time in the United States, and I can even add a large amount of investment. …”

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Chapter end