Manhattan Reborn 1978
Chapter 306 Day 3 of the San Francisco Conference
new York.
It's past midnight.
Bronx.
Kalu stood at the door of a bar, watching everyone slowly disperse and leave, then closed the door and walked back to sit opposite Xinni.
"They're all gone~"
"Ah."
For the first time tonight, Xinni did not drink. He held a glass of juice in his hand and sipped it.
The two of them just sat speechless.
Twenty minutes later.
A middle-aged man opened the door and walked in.
He looked around, walked to Xinni's table, sat down, glanced at Carew, and asked, "Are you looking for me?"
"Well... I want to negotiate a deal with you!"
"Let's talk~"
"The Bronx, my place..."
The visitor listened to the contents of Xinni's transaction with a surprised expression. He did not immediately express his opinion. He looked at Carew and asked: "Before I came here, was this guy on drugs?"
Karu shook his head: "No~"
"Then... Xinni, what do you think?... Those of your men were not killed by me!"
"I know, just tell me whether you want these territories or not~"
The visitor choked for a moment, then gritted his teeth, thought about it carefully, and then said: "Yes! Just tell me the conditions!"
"800 million dollars ~ I just want cash!"
"fxxx! I don't have that much cash on hand!"
"Haha~ Then there's nothing I can do!"
"But you have to think about it~ This little money can be earned back in less than a year on those sites~"
"I fucking know it!"
"Um.."
Xinni nodded and tilted his head towards Karu.
"Send off our guests for me~"
"Good~"
Karu stood up and made an invitation gesture to the visitor.
The visitor stared at Xinni for a while, turned around, and when walking out, he stopped at the door and said: "Tomorrow night, we will stay here, I will send someone to deliver the money!"
Xinni smiled with satisfaction: "Just ask someone to give the money to Karu~"
"Well... let's do this first!"
As Carew closed the door, the bar became quiet again.
Xinni played with the cup with his hands, stared at the ground not far away, and let out a long breath.
"Karu, from now on, the rest of our area belongs to you!"
"Me? What about you?"
"Of course I want to enjoy my retirement life~"
"...Okay~"
Kalu nodded helplessly, poured himself a glass of wine and raised it to Xinni: "Happy retirement~"
"Hahaha~ This is the beginning of my new life~ You kid must be more careful in the future!"
"I'm not ready to go to your funeral yet!"
"OK~ I will do it! Haha"
----
San Francisco.
a new day.
David got up, took care of himself, opened the bedroom door gently, and made sure there was no ambush outside. .I just walked out of the room and planned to make a phone call to order breakfast as soon as possible.
Just after he sat down and picked up the phone to dial, in the blind spot of his sight, the door of a room was opened. Giles, Bloomer, and Leslie were like foxes staring at their prey, with evil smiles on their faces. Quietly, he approached David who was on the phone.
"Yes, I also want a simple and... um~"
"whatfxxx!"
"How about you?"
David suddenly turned around as if feeling something. When he saw the three people behind him, he felt that he had fallen into a trap. .
"Um... you haven't had breakfast yet, right? Do you need me to order a few for you?"
Giles moved his wrist and said with a smile: "Okay~ Tell them to bring it up in 10 minutes~"
"Twenty... minutes...? shxx!"
David grabbed the phone and threw it at the back of the crowd, trying to get up and run away. .
But how could three bad friends who had been waiting for a long time let him run away~
"no~"
A familiar scream echoed in the room. .
----
"Bell bell~"
Just when the four bad friends were rolling into a ball, exhausted from playing, the phone rang.
Bloomer, who was closest to the phone and sitting on the ground panting, reached out and picked up the phone and said: "Hello, who's there?"
"Bloomer? I'm Lilith~Where's David?"
"Oh~ Hahaha~ He is here, please wait~!"
Bloomer stretched out his legs and kicked David, who was lying on the ground and was hit to death, and gave him the phone: "Here, your fiancée's phone number~"
David drooled at the corner of his mouth, put the microphone in his hand close to his ear, and said in a weak voice: "Hey~ What's wrong?"
Lilith on the other side of the phone smiled and said, "Are you guys fooling around together again?"
"Ah~ um... you called me last night? Is there something urgent?"
"Well, it's about Austin Parker. Is it convenient for you to listen now?"
David took the microphone, turned around and leaned on the edge of the sofa: "It's convenient, let's talk~"
"Well, Otis Parker went to Harold Stone, the new head of the FBI in New York, and told him..."
David held the microphone in his hand and listened to Lilith's story. The blood vessels on his forehead slowly became prominent. .
After a while, Lilith's voice stopped, and David held the microphone silently without saying a word. .
Giles, Bloomer, and Leslie beside him also heard Lilith's story, and looked at David with strange expressions, wondering how this boy would deal with this strange thing. .
"David? Are you still there?"
"I know now! When I return to New York, I will talk to him in person~"
There was a hint of surprise in Lilith's voice: "That's it?"
"Yeah~ What else can I do?"
"But... don't you think this Mr. Parker, he..."
David knew what Lilith would say, so he interrupted her directly: "You said, Polly told you this?"
"...Yes~"
"Well... So, do you understand? I can only talk to Otis Parker about this in person!"
"Okay~ Are you going back to New York tomorrow?"
David glanced at Leslie, thought for a moment, shook his head and said, "No, it may take another three or four days~"
"Okay! I will tell Polly and Mr. Parker~"
"Well, thank you, Lilith~"
"Haha~ Just don't forget to bring me a gift!"
"Gift?.."
"Hahaha~bye!"
David held the microphone and blinked a few times: "Well... guys, should I buy any gifts to take back?"
"What do you think?"
"Hey, you idiot! What do you think I gave you a credit card for?"
"Um...are they used to buy gifts?"
"Cut~"
"Hey~ let's just ignore this hopelessly stupid guy~"
"Hahaha~ Idiot!"
David bared his teeth and had an expression on his face that said, "You are the one who is the idiot."
But I was thinking about whether I should buy more gifts to take home?
All. .Who should I buy it for?
----
In front of the Union Square Hilton Hotel.
The four friends got out of the car laughing and joking, and walked into the hotel with the flow of people attending today's meeting.
After David entered, he took a few people to a corner of the hall, ready to refresh their memory by brushing up on famous faces. .
The three bad friends all sneered at this, thinking that David's useless behavior was a waste of time.
David ignored the taunts and protests of the three of them. When he saw the person coming in, he asked them in a low voice who this person was~
Sanshouyou saw that David was so serious, so he had no choice but to help him introduce some bankers and celebrity tycoons he knew.
After this introduction, more than half an hour passed. It was not until the meeting was about to begin and the flow of people gradually decreased that David put away his notebook with satisfaction and prepared to go upstairs with his third friend to watch TV in the room. .
Just when they reached the stairs, at the door, a small group of Asian faces in straight suits walked in with wind at their feet.
When several people looked back, David was slightly surprised and his feet slowed down: "Are they...?"
Leslie, who was the fastest to go upstairs, looked back when he heard David's question and whispered in surprise: "They are from Sumitomo Bank of Japan~"
"Island country? Sumitomo?"
"Well... let's go up. I'll tell you the details when I have time~"
"..Okay~"
David scratched his nose, looked back and took a few quick glances, then followed a few people to the room on the third floor.
in the room.
Panaris and Grace were already sitting on the sofa, waiting for them.
"How did you get here? I thought you weren't coming~"
Several people greeted each other, David looked around, chose to sit next to Grace, and said with a smile: "I just took them to recognize someone downstairs~"
"Recognize people? You don't want to recognize everyone attending the meeting in such a short time, do you?"
"...I haven't thought about that, but I think it would be beneficial to know some famous people in the banking industry~"
Panaris smiled and crossed his legs: "Okay~ Do you see any problems with today's guests?"
"question?"
Giles, who was among the three losers, glanced at Leslie and Bloomer and said doubtfully.
"Yes~ You were downstairs just now. Didn't you notice that there are many more people attending the meeting today than yesterday?"
"Ah~ It seems... yes~"
David opened his mouth, took out his notebook, looked through it, and suddenly said: "I'm telling you~ Why are there so many people to record today!"
Grace tilted her head, looked at the record in David's hand, shook her head and smiled, but said nothing.
Panaris took the remote control, turned the TV volume down slightly, and explained: "Look, the first speaker on stage today is the head of Barings Bank in London~"
"In today's newly revised meeting process, there will be several heads of major banks from European countries who will take the stage to give speeches~"
"These were all temporarily arranged last night!"
Giles answered with understanding: "So, they all arrived in San Francisco last night?"
"Haha~ That's about right~"
"Then...why would they want to attend this meeting at short notice?"
Panaris didn't answer, and looked at David who was staring at the TV: "Can you guess the answer?"
David didn't answer immediately. He stared at the TV and recalled some new faces he had just seen downstairs. .
"Among the new participants today, some people from island countries are attending. Is it because of the junior minister of the Ministry of Finance?"
"No, I watched his speech that day, but he didn't mention any important or sensitive issues~"
"So... what is it?"
David's brows furrowed tighter and tighter, he muttered and his mind was running rapidly.
Panaris glanced at the door, thought for a moment and said, "Some CIA personnel are here today~"
"cia??"
"What are they doing here?"
"It is said that they are working together with the FBI to maintain the security and stability of this meeting~"
"This kind of excuse is really official~"
Riley sat back on the sofa, smiled and continued to complain: "Those guys must have smelled something before they came~"
"Okay~ It's enough to know this~ Let's see what these temporary guests today have to say!"
"ok~"
David took out a pen from his pocket, opened his notebook, sat down directly on the ground, leaned on the small table, stared at the TV, and was ready to record at any time.
Panaris used the remote control to increase the volume on the television.
On TV, the head of Barings Bank delivered an important speech in English with a London accent: the convenience brought by the establishment of Swift to the international inter-bank settlement method and the problems it has.
After more than 20 minutes.
The gentleman from Barings Bank stood down after speaking.
The next person to speak on stage introduced himself.
This is the Vice President of the International Monetary Fund (IMF).
The main content of his speech was: Based on the parity system adopted in the international foreign exchange market in the past two years, and how to maintain the exchange rate order in the international currency market after expanding the upper and lower range of parity.
David was not familiar with this IMF, so he looked at Grace for help.
Grace briefly introduced imf to him in a low voice.
“In 1944, at a conference held in Bretton Woods, New Hampshire, the original members of the Fund signed an agreement to establish the International Monetary Fund.”
"In 1945, the terms of the agreement were put into effect; in 1947, the IMF began its official operations."
"The International Monetary Fund was formally established as part of the reconstruction plan after the end of World War II."
“The purpose is to promote international monetary cooperation through a permanent institution and provide methods for consultation and collaboration on international monetary issues.”
“Formulate and supervise rules on exchange rate policies and current account payments and currency convertibility among member states.”
"Stabilize the international exchange rate, maintain orderly exchange rate arrangements among member countries, and avoid competitive exchange rate depreciation."
"Provide emergency financial facilities when necessary to member countries experiencing balance of payments difficulties to prevent other countries from being affected."
"Promote international cooperation in the financial and monetary fields, and promote the pace of international economic integration, etc."
"The vice president who gave a speech on stage probably wanted to take the opportunity of this Swift meeting to update the IMF on the latest situation in the international exchange rate market."
"As for his purpose in doing this, we still need to continue to listen~"
David turned back, stared at the speech on TV, and whispered back: "Is the Bretton Woods system related to the IMF?"
"Yes~"
"In the agreement signed in 1944, it was determined that the rice dollar was linked to gold; other currencies were linked to the rice dollar."
"In addition, a fixed exchange rate system was determined; the issuance and exchange methods of the rice dollar were stipulated, etc."
"Of course, the most important thing in this agreement is the establishment of a permanent international monetary and financial institution (imf) and the establishment of the Bretton Woods system!"
"Hmm... So that's it~"
Only then did David understand that the establishment of the IMF was an organization that the United States came up with in order to establish the dominance of the dollar as the international currency. .
Another 20 minutes later.
The imf vice president's speech ended.
The next speaker came on stage and introduced himself.
He is a Vice President of the World Bank,
The main content of this speech is: the exchange rate fluctuations in the international currency market, the impact on the World Bank's loan assistance, and the impact of the declining export trade volume of several developed countries such as the United States and the United Kingdom on the international financial industry.
. . .
If David can still understand a little bit of the speech of the imf official just now and gain some insights.
What this person said lacked a lot of knowledge. .
For example, in recent years, the U.S. manufacturing industry has accelerated its migration from home to Southeast Asian countries, which has directly led to a downward step-by-step decrease in U.S. export trade volume and indirectly accelerated the rapid decline in the exchange rate of the dollar. .
The unstable exchange rate and constant depreciation of the dollar have put pressure on the World Bank to lend to underdeveloped countries year by year in recent years. This has directly led to the slowdown in the development and construction of these countries, making them unable to further develop and improve their production capabilities. wait.
David held a pen in his right hand and picked his nose with his left hand. He watched the vice president's speech on TV and felt that very little of what he said had anything to do with his plan. .
He is still just an entrepreneur. It is too far away to think about how to help a certain country develop now. .
Besides, the depreciation of the rice dollar is no longer a key issue~
After the dollar is decoupled from gold and linked to oil, exchange rate issues in the international currency market will only have the most direct connection with oil in the future!
As for oil, as a non-renewable energy product that is needed by all countries in the world, the currency used to measure its value can only be the rice dollar, and it will only be the rice dollar.
The reason for this is exactly what David had talked about with old Morgan when they first met~
Strong military strength, strong overall economic strength, and a strong fist are the standards for measuring the right to speak in the human world today ~
. . .
More than 20 minutes later again.
Mr. Vice President on the stage expressed his thanks and stepped down.
A new face came on stage, shook hands with him, exchanged greetings, and stood behind the microphone.
David didn't know this man and waited curiously for him to introduce himself.
"Hello, gentlemen!"
"I am a member of the European Council, Economic and Social Committee."
"Today, I am honored to receive the invitation and come here to speak to you~"
"The main content of my speech is..."
David looked at this self-proclaimed European Council staff member, his brows twitching. .
Council of Europe?
European Union?
Are they an institution?
Emm. .
Let’s wait until later to ask this question. Let’s first listen to what this guy has to say. .
. . .
What David didn't expect was that this guy from the European Council spoke on stage for more than an hour. .
this. .I wonder who invited the famous economics expert?
I analyzed and evaluated the contents of the previous speeches one by one, and then imparted my own opinions to the audience. .
Finally, I talked about the member states of the European Council. In recent years, like the United States, they have encountered problems such as stagnant economic growth and increasingly serious inflation.
He gave a solution to these problems, that is, the government should strengthen the control of monetary policy, further relax restrictions on enterprises, and reduce the state's intervention in the development and operation of enterprises and companies.
And reduce unnecessary domestic government expenditures, speed up the reform of tax rates, reduce the operating burden of enterprises, etc.
David's eyes widened after hearing what he said at the end. .
this. .Could it be that someone invited this big-mouthed troll based on the speeches made by representatives of Wells Fargo and Bank of America on the first day of the meeting to send some kind of signal to the US government?
Is this a different kind of pressure?
Those people standing behind the stage, there are really some people who dare to use this method to stimulate those officials in Washington~
I just don’t know whether this method can ultimately achieve their desired goal?
David said he’d like to wait and see!
Coke, melon seeds, and biscuits are all ready, squatting on the small bench, waiting to eat melon!
hehe~
----
The morning meeting is over.
David looked through the newly written content in his notebook and felt that he had really made a lot of money this time he came to San Francisco to attend the conference!
This can be regarded as a kind of participation in the development of important historical events, right? . .
He leaned on the edge of the sofa, enjoying the strange thoughts that came to his mind. .
Seeing his appearance, Grace next to her stretched out her hand and patted him in a funny way.
"Let's go~ let's go have lunch!"
"Oh... ok! I'm going to eat more~ I'm not full at all for breakfast~"
Giles, Bloomer, and Leslie rubbed their eyes and stretched themselves to stand up.
"You haven't had enough breakfast yet? You ate six fried eggs and a sandwich!"
"Tch~ Where did that little thing go~"
"I'm still growing!"
"What? Come on, let me take a look at you. Is there anything you haven't grown yet? Haha~"
"Get out of here~ I can... be taller!"
Bloomer blinked and glanced at Giles: "What's the matter? Do you still want to be taller than Giles?"
"I'm taller than him to begin with~"
"Hey! You bastard, how can you be taller than me..."
Got it!
Panaris and Grace, looking at these children who looked different, began to quarrel again, and hurriedly walked to the door first to avoid being annoyed by the trash talk they sprayed. .
It's past midnight.
Bronx.
Kalu stood at the door of a bar, watching everyone slowly disperse and leave, then closed the door and walked back to sit opposite Xinni.
"They're all gone~"
"Ah."
For the first time tonight, Xinni did not drink. He held a glass of juice in his hand and sipped it.
The two of them just sat speechless.
Twenty minutes later.
A middle-aged man opened the door and walked in.
He looked around, walked to Xinni's table, sat down, glanced at Carew, and asked, "Are you looking for me?"
"Well... I want to negotiate a deal with you!"
"Let's talk~"
"The Bronx, my place..."
The visitor listened to the contents of Xinni's transaction with a surprised expression. He did not immediately express his opinion. He looked at Carew and asked: "Before I came here, was this guy on drugs?"
Karu shook his head: "No~"
"Then... Xinni, what do you think?... Those of your men were not killed by me!"
"I know, just tell me whether you want these territories or not~"
The visitor choked for a moment, then gritted his teeth, thought about it carefully, and then said: "Yes! Just tell me the conditions!"
"800 million dollars ~ I just want cash!"
"fxxx! I don't have that much cash on hand!"
"Haha~ Then there's nothing I can do!"
"But you have to think about it~ This little money can be earned back in less than a year on those sites~"
"I fucking know it!"
"Um.."
Xinni nodded and tilted his head towards Karu.
"Send off our guests for me~"
"Good~"
Karu stood up and made an invitation gesture to the visitor.
The visitor stared at Xinni for a while, turned around, and when walking out, he stopped at the door and said: "Tomorrow night, we will stay here, I will send someone to deliver the money!"
Xinni smiled with satisfaction: "Just ask someone to give the money to Karu~"
"Well... let's do this first!"
As Carew closed the door, the bar became quiet again.
Xinni played with the cup with his hands, stared at the ground not far away, and let out a long breath.
"Karu, from now on, the rest of our area belongs to you!"
"Me? What about you?"
"Of course I want to enjoy my retirement life~"
"...Okay~"
Kalu nodded helplessly, poured himself a glass of wine and raised it to Xinni: "Happy retirement~"
"Hahaha~ This is the beginning of my new life~ You kid must be more careful in the future!"
"I'm not ready to go to your funeral yet!"
"OK~ I will do it! Haha"
----
San Francisco.
a new day.
David got up, took care of himself, opened the bedroom door gently, and made sure there was no ambush outside. .I just walked out of the room and planned to make a phone call to order breakfast as soon as possible.
Just after he sat down and picked up the phone to dial, in the blind spot of his sight, the door of a room was opened. Giles, Bloomer, and Leslie were like foxes staring at their prey, with evil smiles on their faces. Quietly, he approached David who was on the phone.
"Yes, I also want a simple and... um~"
"whatfxxx!"
"How about you?"
David suddenly turned around as if feeling something. When he saw the three people behind him, he felt that he had fallen into a trap. .
"Um... you haven't had breakfast yet, right? Do you need me to order a few for you?"
Giles moved his wrist and said with a smile: "Okay~ Tell them to bring it up in 10 minutes~"
"Twenty... minutes...? shxx!"
David grabbed the phone and threw it at the back of the crowd, trying to get up and run away. .
But how could three bad friends who had been waiting for a long time let him run away~
"no~"
A familiar scream echoed in the room. .
----
"Bell bell~"
Just when the four bad friends were rolling into a ball, exhausted from playing, the phone rang.
Bloomer, who was closest to the phone and sitting on the ground panting, reached out and picked up the phone and said: "Hello, who's there?"
"Bloomer? I'm Lilith~Where's David?"
"Oh~ Hahaha~ He is here, please wait~!"
Bloomer stretched out his legs and kicked David, who was lying on the ground and was hit to death, and gave him the phone: "Here, your fiancée's phone number~"
David drooled at the corner of his mouth, put the microphone in his hand close to his ear, and said in a weak voice: "Hey~ What's wrong?"
Lilith on the other side of the phone smiled and said, "Are you guys fooling around together again?"
"Ah~ um... you called me last night? Is there something urgent?"
"Well, it's about Austin Parker. Is it convenient for you to listen now?"
David took the microphone, turned around and leaned on the edge of the sofa: "It's convenient, let's talk~"
"Well, Otis Parker went to Harold Stone, the new head of the FBI in New York, and told him..."
David held the microphone in his hand and listened to Lilith's story. The blood vessels on his forehead slowly became prominent. .
After a while, Lilith's voice stopped, and David held the microphone silently without saying a word. .
Giles, Bloomer, and Leslie beside him also heard Lilith's story, and looked at David with strange expressions, wondering how this boy would deal with this strange thing. .
"David? Are you still there?"
"I know now! When I return to New York, I will talk to him in person~"
There was a hint of surprise in Lilith's voice: "That's it?"
"Yeah~ What else can I do?"
"But... don't you think this Mr. Parker, he..."
David knew what Lilith would say, so he interrupted her directly: "You said, Polly told you this?"
"...Yes~"
"Well... So, do you understand? I can only talk to Otis Parker about this in person!"
"Okay~ Are you going back to New York tomorrow?"
David glanced at Leslie, thought for a moment, shook his head and said, "No, it may take another three or four days~"
"Okay! I will tell Polly and Mr. Parker~"
"Well, thank you, Lilith~"
"Haha~ Just don't forget to bring me a gift!"
"Gift?.."
"Hahaha~bye!"
David held the microphone and blinked a few times: "Well... guys, should I buy any gifts to take back?"
"What do you think?"
"Hey, you idiot! What do you think I gave you a credit card for?"
"Um...are they used to buy gifts?"
"Cut~"
"Hey~ let's just ignore this hopelessly stupid guy~"
"Hahaha~ Idiot!"
David bared his teeth and had an expression on his face that said, "You are the one who is the idiot."
But I was thinking about whether I should buy more gifts to take home?
All. .Who should I buy it for?
----
In front of the Union Square Hilton Hotel.
The four friends got out of the car laughing and joking, and walked into the hotel with the flow of people attending today's meeting.
After David entered, he took a few people to a corner of the hall, ready to refresh their memory by brushing up on famous faces. .
The three bad friends all sneered at this, thinking that David's useless behavior was a waste of time.
David ignored the taunts and protests of the three of them. When he saw the person coming in, he asked them in a low voice who this person was~
Sanshouyou saw that David was so serious, so he had no choice but to help him introduce some bankers and celebrity tycoons he knew.
After this introduction, more than half an hour passed. It was not until the meeting was about to begin and the flow of people gradually decreased that David put away his notebook with satisfaction and prepared to go upstairs with his third friend to watch TV in the room. .
Just when they reached the stairs, at the door, a small group of Asian faces in straight suits walked in with wind at their feet.
When several people looked back, David was slightly surprised and his feet slowed down: "Are they...?"
Leslie, who was the fastest to go upstairs, looked back when he heard David's question and whispered in surprise: "They are from Sumitomo Bank of Japan~"
"Island country? Sumitomo?"
"Well... let's go up. I'll tell you the details when I have time~"
"..Okay~"
David scratched his nose, looked back and took a few quick glances, then followed a few people to the room on the third floor.
in the room.
Panaris and Grace were already sitting on the sofa, waiting for them.
"How did you get here? I thought you weren't coming~"
Several people greeted each other, David looked around, chose to sit next to Grace, and said with a smile: "I just took them to recognize someone downstairs~"
"Recognize people? You don't want to recognize everyone attending the meeting in such a short time, do you?"
"...I haven't thought about that, but I think it would be beneficial to know some famous people in the banking industry~"
Panaris smiled and crossed his legs: "Okay~ Do you see any problems with today's guests?"
"question?"
Giles, who was among the three losers, glanced at Leslie and Bloomer and said doubtfully.
"Yes~ You were downstairs just now. Didn't you notice that there are many more people attending the meeting today than yesterday?"
"Ah~ It seems... yes~"
David opened his mouth, took out his notebook, looked through it, and suddenly said: "I'm telling you~ Why are there so many people to record today!"
Grace tilted her head, looked at the record in David's hand, shook her head and smiled, but said nothing.
Panaris took the remote control, turned the TV volume down slightly, and explained: "Look, the first speaker on stage today is the head of Barings Bank in London~"
"In today's newly revised meeting process, there will be several heads of major banks from European countries who will take the stage to give speeches~"
"These were all temporarily arranged last night!"
Giles answered with understanding: "So, they all arrived in San Francisco last night?"
"Haha~ That's about right~"
"Then...why would they want to attend this meeting at short notice?"
Panaris didn't answer, and looked at David who was staring at the TV: "Can you guess the answer?"
David didn't answer immediately. He stared at the TV and recalled some new faces he had just seen downstairs. .
"Among the new participants today, some people from island countries are attending. Is it because of the junior minister of the Ministry of Finance?"
"No, I watched his speech that day, but he didn't mention any important or sensitive issues~"
"So... what is it?"
David's brows furrowed tighter and tighter, he muttered and his mind was running rapidly.
Panaris glanced at the door, thought for a moment and said, "Some CIA personnel are here today~"
"cia??"
"What are they doing here?"
"It is said that they are working together with the FBI to maintain the security and stability of this meeting~"
"This kind of excuse is really official~"
Riley sat back on the sofa, smiled and continued to complain: "Those guys must have smelled something before they came~"
"Okay~ It's enough to know this~ Let's see what these temporary guests today have to say!"
"ok~"
David took out a pen from his pocket, opened his notebook, sat down directly on the ground, leaned on the small table, stared at the TV, and was ready to record at any time.
Panaris used the remote control to increase the volume on the television.
On TV, the head of Barings Bank delivered an important speech in English with a London accent: the convenience brought by the establishment of Swift to the international inter-bank settlement method and the problems it has.
After more than 20 minutes.
The gentleman from Barings Bank stood down after speaking.
The next person to speak on stage introduced himself.
This is the Vice President of the International Monetary Fund (IMF).
The main content of his speech was: Based on the parity system adopted in the international foreign exchange market in the past two years, and how to maintain the exchange rate order in the international currency market after expanding the upper and lower range of parity.
David was not familiar with this IMF, so he looked at Grace for help.
Grace briefly introduced imf to him in a low voice.
“In 1944, at a conference held in Bretton Woods, New Hampshire, the original members of the Fund signed an agreement to establish the International Monetary Fund.”
"In 1945, the terms of the agreement were put into effect; in 1947, the IMF began its official operations."
"The International Monetary Fund was formally established as part of the reconstruction plan after the end of World War II."
“The purpose is to promote international monetary cooperation through a permanent institution and provide methods for consultation and collaboration on international monetary issues.”
“Formulate and supervise rules on exchange rate policies and current account payments and currency convertibility among member states.”
"Stabilize the international exchange rate, maintain orderly exchange rate arrangements among member countries, and avoid competitive exchange rate depreciation."
"Provide emergency financial facilities when necessary to member countries experiencing balance of payments difficulties to prevent other countries from being affected."
"Promote international cooperation in the financial and monetary fields, and promote the pace of international economic integration, etc."
"The vice president who gave a speech on stage probably wanted to take the opportunity of this Swift meeting to update the IMF on the latest situation in the international exchange rate market."
"As for his purpose in doing this, we still need to continue to listen~"
David turned back, stared at the speech on TV, and whispered back: "Is the Bretton Woods system related to the IMF?"
"Yes~"
"In the agreement signed in 1944, it was determined that the rice dollar was linked to gold; other currencies were linked to the rice dollar."
"In addition, a fixed exchange rate system was determined; the issuance and exchange methods of the rice dollar were stipulated, etc."
"Of course, the most important thing in this agreement is the establishment of a permanent international monetary and financial institution (imf) and the establishment of the Bretton Woods system!"
"Hmm... So that's it~"
Only then did David understand that the establishment of the IMF was an organization that the United States came up with in order to establish the dominance of the dollar as the international currency. .
Another 20 minutes later.
The imf vice president's speech ended.
The next speaker came on stage and introduced himself.
He is a Vice President of the World Bank,
The main content of this speech is: the exchange rate fluctuations in the international currency market, the impact on the World Bank's loan assistance, and the impact of the declining export trade volume of several developed countries such as the United States and the United Kingdom on the international financial industry.
. . .
If David can still understand a little bit of the speech of the imf official just now and gain some insights.
What this person said lacked a lot of knowledge. .
For example, in recent years, the U.S. manufacturing industry has accelerated its migration from home to Southeast Asian countries, which has directly led to a downward step-by-step decrease in U.S. export trade volume and indirectly accelerated the rapid decline in the exchange rate of the dollar. .
The unstable exchange rate and constant depreciation of the dollar have put pressure on the World Bank to lend to underdeveloped countries year by year in recent years. This has directly led to the slowdown in the development and construction of these countries, making them unable to further develop and improve their production capabilities. wait.
David held a pen in his right hand and picked his nose with his left hand. He watched the vice president's speech on TV and felt that very little of what he said had anything to do with his plan. .
He is still just an entrepreneur. It is too far away to think about how to help a certain country develop now. .
Besides, the depreciation of the rice dollar is no longer a key issue~
After the dollar is decoupled from gold and linked to oil, exchange rate issues in the international currency market will only have the most direct connection with oil in the future!
As for oil, as a non-renewable energy product that is needed by all countries in the world, the currency used to measure its value can only be the rice dollar, and it will only be the rice dollar.
The reason for this is exactly what David had talked about with old Morgan when they first met~
Strong military strength, strong overall economic strength, and a strong fist are the standards for measuring the right to speak in the human world today ~
. . .
More than 20 minutes later again.
Mr. Vice President on the stage expressed his thanks and stepped down.
A new face came on stage, shook hands with him, exchanged greetings, and stood behind the microphone.
David didn't know this man and waited curiously for him to introduce himself.
"Hello, gentlemen!"
"I am a member of the European Council, Economic and Social Committee."
"Today, I am honored to receive the invitation and come here to speak to you~"
"The main content of my speech is..."
David looked at this self-proclaimed European Council staff member, his brows twitching. .
Council of Europe?
European Union?
Are they an institution?
Emm. .
Let’s wait until later to ask this question. Let’s first listen to what this guy has to say. .
. . .
What David didn't expect was that this guy from the European Council spoke on stage for more than an hour. .
this. .I wonder who invited the famous economics expert?
I analyzed and evaluated the contents of the previous speeches one by one, and then imparted my own opinions to the audience. .
Finally, I talked about the member states of the European Council. In recent years, like the United States, they have encountered problems such as stagnant economic growth and increasingly serious inflation.
He gave a solution to these problems, that is, the government should strengthen the control of monetary policy, further relax restrictions on enterprises, and reduce the state's intervention in the development and operation of enterprises and companies.
And reduce unnecessary domestic government expenditures, speed up the reform of tax rates, reduce the operating burden of enterprises, etc.
David's eyes widened after hearing what he said at the end. .
this. .Could it be that someone invited this big-mouthed troll based on the speeches made by representatives of Wells Fargo and Bank of America on the first day of the meeting to send some kind of signal to the US government?
Is this a different kind of pressure?
Those people standing behind the stage, there are really some people who dare to use this method to stimulate those officials in Washington~
I just don’t know whether this method can ultimately achieve their desired goal?
David said he’d like to wait and see!
Coke, melon seeds, and biscuits are all ready, squatting on the small bench, waiting to eat melon!
hehe~
----
The morning meeting is over.
David looked through the newly written content in his notebook and felt that he had really made a lot of money this time he came to San Francisco to attend the conference!
This can be regarded as a kind of participation in the development of important historical events, right? . .
He leaned on the edge of the sofa, enjoying the strange thoughts that came to his mind. .
Seeing his appearance, Grace next to her stretched out her hand and patted him in a funny way.
"Let's go~ let's go have lunch!"
"Oh... ok! I'm going to eat more~ I'm not full at all for breakfast~"
Giles, Bloomer, and Leslie rubbed their eyes and stretched themselves to stand up.
"You haven't had enough breakfast yet? You ate six fried eggs and a sandwich!"
"Tch~ Where did that little thing go~"
"I'm still growing!"
"What? Come on, let me take a look at you. Is there anything you haven't grown yet? Haha~"
"Get out of here~ I can... be taller!"
Bloomer blinked and glanced at Giles: "What's the matter? Do you still want to be taller than Giles?"
"I'm taller than him to begin with~"
"Hey! You bastard, how can you be taller than me..."
Got it!
Panaris and Grace, looking at these children who looked different, began to quarrel again, and hurriedly walked to the door first to avoid being annoyed by the trash talk they sprayed. .
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