MTL - I Have a Mansion in the Post-apocalyptic World-Chapter 1561 Shocking the global economy

“The global economy is standing at a historic turning point. An era of more openness and freedom than ever has arrived. We need a currency that can represent all currencies, instead of trading in the traditional sense of the currency.”

"World joint savings is established for this purpose."

In the face of media reporters, Rocky made a speech.

World Union Savings.

Just listening to the name, it is not difficult to guess what the organization is doing.

The original calm weekend, because of the news of this shocking eye, suddenly became unsettled. In particular, the international financial community, along with the news of the establishment of the World Fed, set off a three-level earthquake, and even overshadowed the completion of the South American space elevator.

From around the world, the first time focused on the calm and quiet Manhattan Island. The world's major media also carried out detailed follow-up reports on this matter. It is not yet clear what impact this will have on the global economy, because not many people think they can succeed.

Even the collective endorsement of Wall Street is not possible.

A unified currency can be done in a simple sentence. This involves too many political factors, and even if the power of the entire Wall Street adds up, it is impossible to achieve. Do not say anything else, the new Fed, the boss of the global economy, has not yet spoken.

Even if you want to set up a world joint savings, you shouldn't be led by Boston First Bank. The future bank's qualifications are higher than him and don't know where to go.

However, soon, the further development of things is to make everyone stunned.

On the first Friday of the Fed’s announcement, the new Fed announced that it has reached a cooperation with the World Fed on the issue of currency exchange...

Huaguo, Shangjing City, within an apartment in the second ring.

Just catching up with New Year's Day, it is rare for a family to get together for a meal.

On the TV, there is a big news today.

“Boston First Bank and more than 20 banks and investment banks such as Chase and Citigroup have established world joint savings and cooperated with central banks to issue unified currency to strengthen free trade.”

"It is reported that the Fed and the new Fed have taken the lead in cooperating with them. More than 20 Central Pacific countries including the new countries, North America and Canada will join the World Bank-led Unified Pacific Currency System. The States Parties will pursue a more open system than wto. Free trade policy, with 'Shi Yuan' as the settlement currency."

"Centre. Look at the reporter and report it for you."

"This American is really not honest, and has done something new." Watching TV, facing the reporter's microphone, the sneaky voice, Wu Jianbin said with a smile.

"I am afraid that this World Fed is not made by Americans." He blinked at the TV screen and Wu Changfeng smiled and said.

"Oh?"

"You see that this is the first bank in Boston to take the lead in the World Bank, do you know the bank is coming?"

"I remember that it is a US-Swiss joint venture bank. This Chase and Citi should be more famous than it." Wu Jianbin frowned.

"Boston First Bank is a strategic partner of Future People's Bank. The Boston consortium behind it is now behind the scenes of Wall Street. I should say that you should understand it?" Wu Changfeng smiled.

"What do you mean, this World Fed is actually a person who is trading in the back of the ring?" Wu Jianbin’s eyes lit up and he immediately responded.

"You should ask, if there is no Star Ring trade endorsed in the back, just rely on his Boston First Bank, dare to play like this? Don't say that he is Boston, the whole Wall Street is not enough to watch it." pause for a moment, Wu Changfeng Smiled and continued, "Jian Bin, you are doing real estate business, I will give you some advice."

"Haha, when is the old brother also worried about business matters? Then I have to ask for advice." Wu Jianbin smiled and gave him a glass of wine.

"The times are different. Don't always stare at the domestic business, and open your eyes."

"You mean that the real estate business is not working? This is impossible." Wu Jianbin shook his head and said with a smile, "m2 totals 80 times in 25 years, and the super-currency catches up with the sum of the money supply of the United States and the European Union. It’s less than a third of it, if it’s not that real estate is pressing there, hehe.”

Wu Changfeng smiled and did not speak.

He said that he said that if he believes or not, it will not matter to him.

What's more, the business at home, now he really can't see it.

It is a matter of course that a unified currency is good.

Even the economic layman can see that the unified currency helps reduce transaction costs, reduce the risk of exchange rate fluctuations, promote trade, and increase the competitiveness of trade zones. But in contrast, the unified currency will also have costs.

Taking the euro zone as an example, the unified currency causes a country to lose its independence of exchange rate and monetary policy, which means that macro-policy makers voluntarily give up monetary policy, regulate fiscal policy only by fiscal policy, and greatly weaken macro-policy makers to deal with “asymmetry”. The ability to impact.

In the case of Germany and Greece, the two countries use the same currency and have the same interest rate. However, the German industry is more developed than Greece, the labor force is more educated, the productivity is stronger, and the cost of industrial manufactured goods is lower.

Now that the European Central Bank has issued a loan to both countries, Germany can use the advanced industries and productivity to create wealth far greater than Greece through this capital, so capital and quality labor are coming. However, Greece can not produce such a large income, can only maintain the local economic status by issuing welfare, encourage people to consume, and ultimately lead to the euro zone debt crisis.

However, it is undeniable that the unified currency will greatly enhance the competitiveness of the trade zone.

If the World Bank, which Wall Street has come out of, is not enough to make people feel jealous, then the new countries, the United States and other more than a dozen Pacific Rim countries will be involved in it, which will make other trade zones feel really right. panic.

It’s true that the word panic is used.

This will be a trade area that is several times larger than the EU, and its trade efficiency and competitiveness will be unimaginable in other trading areas.

To this end, the Kremlin has held two interim meetings to discuss the impact of the World Fed and its possible impact on the Russian economy. Pu Jin and the Russian Minister of Economic Development, who are conducting diplomatic visits in Europe, have terminated their trip ahead of time and returned to the domestic support conference.

On the other hand, the same is true of Shangjing City.

On the first weekend of the World Fed’s announcement, the central bank convened a temporary working meeting to discuss the development of a new monetary policy in response to the possible impact of the establishment of the World Fed.

Whether it is willing or not, the establishment of the World Fed is affecting everyone’s nerves...-

(From the night before, I started diarrhea. I was lying in bed all day yesterday. I didn’t eat it. I finally couldn’t help but ran to the hospital and made a bit of it. At night, I went home and signed a chapter. The whole person feels top-heavy. I can't help lying in bed. Today there is only one more, Morning Star is here to tell the brothers that it can't help...) 8)