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Rebirth capital madman - Chapter 440

Published at 17th of March 2022 07:25:05 PM


Chapter 440

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At this heavy press conference, Abraham BIM did not forget to use the skills of politicians to send emotional condolences to the affected people.

After the press conference, Abraham beem specially called together the media with the strongest information release ability, such as radio Hughes, and communicated with them. The ultimate goal is naturally to do a good job of soothing the people. Today, the power supply of the whole city can be restored. Although it's a little late, it's also today. It depends on how the media talk about it.

It's not easy for Abraham BIM to be mayor of New York. During his tenure, New York City is experiencing the most serious financial crisis in history, with a fiscal deficit of $1.5 billion. Abraham BIM is busy all day to avoid bankruptcy of New York City.

Now, with such a serious power failure and riot in New York City, Abraham BIM has come to an end no matter how hard he has worked to reverse the bankruptcy fate of New York City.

Compared with the bad luck of politicians, the media can be regarded as a beneficiary, because there are countless reporting materials out of thin air, and Hughes media is definitely the biggest winner.

After several thrilling hours last night, radio Hughes has been remembered by countless New Yorkers.

On the way back to the office, Gao Xian thought to himself that Hughes media had to seize this opportunity and do a good job.

……

Electricity is a thing that we are used to sometimes. We don't have any special feelings, but once it is broken, people will be panic.

With the restoration of power supply in New York City at more than 10 p.m. on July 14, people's hearts have stabilized and society has entered a normal state. As for how to review the accident, it is the work of politicians and the media.

In fact, many things seem accidental, but there is still an internal inevitable connection.

Take the blackout in New York for example. The reason was that a nut in a substation beside the Hudson River was loose, which affected the switch switching under high load. In addition, due to lightning stroke, the staff did not correctly evaluate the load, ineffective response measures and other factors, it finally led to the blackout that made the city a mess.

If the economic environment is good and the public budget is sufficient, the probability of such accidents should be much lower.

The economic situation of New York City also somewhat reflects the current economic situation of the United States. After taking office, President Carter finally chose to give priority to stimulating the economy and put the suppression of inflation behind him.

While urging a group of subordinates to seize the opportunity to vigorously develop Hughes media, Gao Xian has also been paying close attention to various high-end economic discussion activities held in New York. There are still obvious differences on how to choose between stimulating the economy and curbing inflation, while the Federal Reserve chose to support President Carter to stimulate the economy without tightening monetary policy.

Speaking, the relationship between Federal Reserve chairman Arthur burns and President Carter is more delicate at present.

During the American presidential election in 1976, Arthur burns relaxed his money to make the economic data look better, which virtually helped the then American President Ford, but Carter won the American election in the end.

It is estimated that because of this information, President Carter does not want to see Arthur burns, the chairman of the Federal Reserve.

One of its manifestations is that Arthur burns has only one year left as chairman of the Federal Reserve this year, but President Carter has not made it clear that he will continue to serve Arthur burns.

This signal is already very gratifying. If President Carter is satisfied with Arthur burns, the Fed chairman, there is no need to be so silent.

You know, Arthur burns is still very consistent with President Carter's policy. Since the Fed released water last year and inflation rose significantly, he has not insisted on tightening monetary policy.

Because in terms of Arthur Burns' own wishes, he earnestly hopes that his term of office as chairman of the Federal Reserve will be as flawless as that of William Martin Jr., the former chairman of the Federal Reserve.

William Martin Jr. has been chairman of the Federal Reserve for about 20 years. From 1951 to 1970, he has experienced Democratic Party President Harry Truman, drinking party President Dwight Eisenhower, Democratic Party President John Kennedy and Lyndon Johnson, and drinking party president Richard Nixon, which can be called standing for 20 years, During the Eisenhower period, there was the most prosperous golden age of post-war economy. It was highly valued by the presidents of the Communist Party and the Democratic bamboo party. It seemed to be the most arrogant and perfect chairman of the Federal Reserve.

If Arthur burns wants to achieve something like William Martin Jr., he naturally has to first take all the presidents of the Communist Party and the Democratic bamboo party.

But the current situation is that President Carter does not intend to continue to use Arthur burns during his term of office.

It was impossible for Gao Xian to know what Arthur burns really thought, and the other party's identity was sensitive and it was not easy to contact alone. Presumably, he was disappointed and simply watched Carter's house fall into the pit of inflation.

Of course, although Gao Xian is not easy to contact Arthur burns, other American economic experts, such as Alan Greenspan, are not involved.

When President Ford failed to be re elected, his staff and cabinet naturally fell apart, including Alan Greenspan, chairman of the Council of economic advisers.

At present, Alan Greenspan has returned from Peanut Stew to his residence in New York to make a living and solicit business for his office everywhere.

It is also well understood that Alan Greenspan must make good use of his glorious resume as chairman of President Ford's Economic Advisory Committee.

Being able to serve President Ford as chairman of the Economic Advisory Committee is enough to show that Alan Greenspan's ability at this time is no small matter. Therefore, Gao Xian took advantage of the other party's "idleness" to pull him into the board of directors of the Howard Hughes foundation.

With this relationship, Gao Xian spoke bluntly to Alan Greenspan, "I'm basically sure that President Carter will change when burns's term of office as chairman of the Federal Reserve expires."

Alan Greenspan was of course very concerned about the future of his mentor. He asked, "I haven't heard from the circle that President Carter has close contacts with any economic experts. Does Sir Gao have any new news?"

"However, President Carter obviously has close contacts with business executives," Gao Xian said leisurely

Alan Greenspan was surprised and said with an incredible look on his face: "Sir Gao, your guess is too bold. How can President Carter put corporate executives in the position of chairman of the Federal Reserve?"




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