Chapter 811
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This period is already a Book of the world's second-largest economy. It may also be superstitious to play according to Mitty's rules. It is allowed to surpass Mitty and layout around ambitiously. For example, it plans to set up a car factory in the UK and reach an entry permit for the banking industry with the UK. It is convenient for Gao Xian to achieve his goal by giving his best wishes.
After the successful signing of the first phase of the Hong Kong dollar and Japanese yen currency swap agreement, Gao Xian accompanied his family to visit Tokyo and went shopping. After all, goods such as toys and candy that can reflect the manufacturer's intentions are not very attractive to the three children.
This made Miss Yi have to nag. Especially when she saw xiaojiayuan holding the candy can and not letting go, she broke her heart, coaxed thousands of people, ate too much toothache, and finally succeeded in "preventing addiction".
Gao Xian looked at xiaojiayuan's shopping "booty" with a smile and saw that they were all well-known brands such as moriyong and Jiangqi greegao.
I have to admit that the marketing success of these manufacturers is even excessive. For example, the custom of women giving chocolate to men on Valentine's Day is largely the work of moriyong's hard propaganda.
Looking at those packages, Gao Xian suddenly felt thoughtful.
Yi Huirong glared at her husband, "Why are you stunned? Don't you help coax your daughter aside."
Gao Xian laughed and hurriedly took xiaojiayuan away, but he was also afraid that he would forget the "inspiration" that came out suddenly. He called an assistant and said, "let someone do two things for me in one book, and report the progress to me every month."
"First, a food packaging patent should have this design effect. Once the food packaging is opened, it can't be restored. It's best to have transparent packaging."
The clever xiaojiayuan pouted and said, "Dad is bad. Don't let others steal delicious food."
Everyone was amused. Gao Xian stressed again: "remember, the key points of the food packaging patent I want can't be restored once the food packaging is opened."
The assistant solemnly promised and made a high priority mark on the Notepad.
"Second, let Gao Yi compile a detailed investigation report on the food industry, especially to investigate the listing status of each company." Gao Xian lowered his voice and continued to command, "I'm of great use."
Noticing the dignified look of the assistant, Yi Huirong casually asked, "holding the girl, what are you muttering?"
Gao Xian cut off as if nothing had happened: "by the way, remind them to be careful when doing business. They can't blindly trust the quality of a food industry. The process that should exist must go."
"Take Senyong dairy, another subsidiary of the group that produces this kind of chocolate. In the 1950s, the milk powder produced by Senyong dairy contained a large amount of arsenic in food additives, which led to food poisoning of about 13000 infants and killed 130 infants."
"However, at that time, yiben Zhengfu regarded economic development as a top priority and then supported Senyong dairy. In addition, the mechanism for consumers to protect their own rights and interests was not perfect at that time. As a result, the handling of food poisoning ended hastily. Senyong dairy did not bear the corresponding responsibility and was free from the law for more than ten years."
"The experience of those victims is very tragic. Some have obstacles such as cerebral palsy and intellectual disability. Some grow up and suffer discrimination in employment and marriage because of their physical disabilities."
"Fortunately, with the improvement of awareness, after legal proceedings and resistance to Senyong dairy products, Senyong dairy finally admitted its mistake and took certain compensation measures."
This interruption was successful. Miss Yi nodded. "This food safety accident is really worthy of vigilance and is just included in the scope of my congressman's office."
After Gao Xian repeatedly said yes, he motionlessly waved his hand, and the assistant acted according to his instructions.
……
After arriving in Toronto from Tokyo, Gao Xian separated from his family and continued to twist his waist to participate in an activity organized by the Howard Hughes foundation. Of course, the key point is that he will explain his policies to Wall Street in his capacity as president of the Xiangjiang exchange fund authority.
With years of activity, the Howard Hughes foundation, as a think tank, has a considerable influence. For example, the attendees of this event include officials from the Federal Reserve, executives from Goldman Sachs, Morgan Stanley, Merrill Lynch, Solomon brothers, JPMorgan Chase, Citigroup, and well-known economic experts such as Alan Greenspan.
When it was Gao Xian's turn to speak on the stage, everyone applauded warmly, because Sir Gao, who has a certain popularity in the circle, has a legendary recent experience, which made everyone very curious. Under such circumstances, sir Gao, as president of Xiangjiang exchange fund authority and master half of the power of Xiangjiang finance, will give to Xiangjiang as an international financial center, Bring something new.
At the beginning of his speech, Gao Xian expressed his view that as the president of Xiangjiang exchange fund authority, he believed in the principle of international finance as a ternary paradox.
This theory was put forward by two economic experts who once worked in the International Monetary Fund, John Fleming and Robert Mundell, respectively in the early 1960s. At this stage, it is certainly not as recognized as it was after the Asian financial crisis.
The reason is very simple. The results of scientific research need sufficient sample data to support, and the accurate reproduction of human social activities is almost impossible. We can only rely on time to verify it step by step with more and more examples. For example, for the ternary paradox, from its proposal to the Asian financial crisis, there will be one economic crisis after another to verify this hypothesis.
The general content of the ternary paradox is that fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time.
For example, since the collapse of the Bretton Woods system, most developed economies, including the United States and Japan, have an independent monetary policy, allowing free capital flow, liberalizing the exchange rate and leaving it to market regulation.
In his speech, Gao Xian clearly stressed that free capital flow is the foundation for Xiangjiang to become an international financial center and will be implemented all the time. Therefore, all gold owners can rest assured that they can come to Xiangjiang with money!
The reason why Xiangjiang will implement the Hong Kong dollar linked package of international currency exchange rate system, which is currently dominated by the US dollar and supplemented by the other three international currencies, is also helpless, because since the Hong Kong dollar exchange rate began to float freely against the US dollar, problems such as the continuous depreciation of the Hong Kong dollar and imported inflation have become more and more serious.
The Hong Kong dollar linked package of international currency exchange rate system is equivalent to a fixed exchange rate to a certain extent.
Speaking of this, Gao Xian explained that the exchange fund authority will manage half of this side.
As for the independent monetary policy with the main feature of controlling inflation, as far as the actual situation of Xiangjiang is concerned, it will not deliberately force the exchange fund authority to manage up to half of this side.
In fact, when Gao Xian claimed that he believed in the ternary paradox, he was also making his own "improvement", that is, since the three sides of fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time, I only guarantee that one side, half of the control side and up to half of the last side, can't I?
Furthermore, this "improvement" reflects the flexibility required by high strings.
It's easy to say that capital comes to Xiangjiang and makes money according to their abilities; But if I want to rob, I'm sorry. I won't be beaten dogmatically. I reserve the right to make corresponding adjustments and kill the enemy.
……
Sir Gao's speech was very innovative and vivid, and won warm applause from everyone.
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This period is already a Book of the world's second-largest economy. It may also be superstitious to play according to Mitty's rules. It is allowed to surpass Mitty and layout around ambitiously. For example, it plans to set up a car factory in the UK and reach an entry permit for the banking industry with the UK. It is convenient for Gao Xian to achieve his goal by giving his best wishes.
After the successful signing of the first phase of the Hong Kong dollar and Japanese yen currency swap agreement, Gao Xian accompanied his family to visit Tokyo and went shopping. After all, goods such as toys and candy that can reflect the manufacturer's intentions are not very attractive to the three children.
This made Miss Yi have to nag. Especially when she saw xiaojiayuan holding the candy can and not letting go, she broke her heart, coaxed thousands of people, ate too much toothache, and finally succeeded in "preventing addiction".
Gao Xian looked at xiaojiayuan's shopping "booty" with a smile and saw that they were all well-known brands such as moriyong and Jiangqi greegao.
I have to admit that the marketing success of these manufacturers is even excessive. For example, the custom of women giving chocolate to men on Valentine's Day is largely the work of moriyong's hard propaganda.
Looking at those packages, Gao Xian suddenly felt thoughtful.
Yi Huirong glared at her husband, "Why are you stunned? Don't you help coax your daughter aside."
Gao Xian laughed and hurriedly took xiaojiayuan away, but he was also afraid that he would forget the "inspiration" that came out suddenly. He called an assistant and said, "let someone do two things for me in one book, and report the progress to me every month."
"First, a food packaging patent should have this design effect. Once the food packaging is opened, it can't be restored. It's best to have transparent packaging."
The clever xiaojiayuan pouted and said, "Dad is bad. Don't let others steal delicious food."
Everyone was amused. Gao Xian stressed again: "remember, the key points of the food packaging patent I want can't be restored once the food packaging is opened."
The assistant solemnly promised and made a high priority mark on the Notepad.
"Second, let Gao Yi compile a detailed investigation report on the food industry, especially to investigate the listing status of each company." Gao Xian lowered his voice and continued to command, "I'm of great use."
Noticing the dignified look of the assistant, Yi Huirong casually asked, "holding the girl, what are you muttering?"
Gao Xian cut off as if nothing had happened: "by the way, remind them to be careful when doing business. They can't blindly trust the quality of a food industry. The process that should exist must go."
"Take Senyong dairy, another subsidiary of the group that produces this kind of chocolate. In the 1950s, the milk powder produced by Senyong dairy contained a large amount of arsenic in food additives, which led to food poisoning of about 13000 infants and killed 130 infants."
"However, at that time, yiben Zhengfu regarded economic development as a top priority and then supported Senyong dairy. In addition, the mechanism for consumers to protect their own rights and interests was not perfect at that time. As a result, the handling of food poisoning ended hastily. Senyong dairy did not bear the corresponding responsibility and was free from the law for more than ten years."
"The experience of those victims is very tragic. Some have obstacles such as cerebral palsy and intellectual disability. Some grow up and suffer discrimination in employment and marriage because of their physical disabilities."
"Fortunately, with the improvement of awareness, after legal proceedings and resistance to Senyong dairy products, Senyong dairy finally admitted its mistake and took certain compensation measures."
This interruption was successful. Miss Yi nodded. "This food safety accident is really worthy of vigilance and is just included in the scope of my congressman's office."
After Gao Xian repeatedly said yes, he motionlessly waved his hand, and the assistant acted according to his instructions.
……
After arriving in Toronto from Tokyo, Gao Xian separated from his family and continued to twist his waist to participate in an activity organized by the Howard Hughes foundation. Of course, the key point is that he will explain his policies to Wall Street in his capacity as president of the Xiangjiang exchange fund authority.
With years of activity, the Howard Hughes foundation, as a think tank, has a considerable influence. For example, the attendees of this event include officials from the Federal Reserve, executives from Goldman Sachs, Morgan Stanley, Merrill Lynch, Solomon brothers, JPMorgan Chase, Citigroup, and well-known economic experts such as Alan Greenspan.
When it was Gao Xian's turn to speak on the stage, everyone applauded warmly, because Sir Gao, who has a certain popularity in the circle, has a legendary recent experience, which made everyone very curious. Under such circumstances, sir Gao, as president of Xiangjiang exchange fund authority and master half of the power of Xiangjiang finance, will give to Xiangjiang as an international financial center, Bring something new.
At the beginning of his speech, Gao Xian expressed his view that as the president of Xiangjiang exchange fund authority, he believed in the principle of international finance as a ternary paradox.
This theory was put forward by two economic experts who once worked in the International Monetary Fund, John Fleming and Robert Mundell, respectively in the early 1960s. At this stage, it is certainly not as recognized as it was after the Asian financial crisis.
The reason is very simple. The results of scientific research need sufficient sample data to support, and the accurate reproduction of human social activities is almost impossible. We can only rely on time to verify it step by step with more and more examples. For example, for the ternary paradox, from its proposal to the Asian financial crisis, there will be one economic crisis after another to verify this hypothesis.
The general content of the ternary paradox is that fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time.
For example, since the collapse of the Bretton Woods system, most developed economies, including the United States and Japan, have an independent monetary policy, allowing free capital flow, liberalizing the exchange rate and leaving it to market regulation.
In his speech, Gao Xian clearly stressed that free capital flow is the foundation for Xiangjiang to become an international financial center and will be implemented all the time. Therefore, all gold owners can rest assured that they can come to Xiangjiang with money!
The reason why Xiangjiang will implement the Hong Kong dollar linked package of international currency exchange rate system, which is currently dominated by the US dollar and supplemented by the other three international currencies, is also helpless, because since the Hong Kong dollar exchange rate began to float freely against the US dollar, problems such as the continuous depreciation of the Hong Kong dollar and imported inflation have become more and more serious.
The Hong Kong dollar linked package of international currency exchange rate system is equivalent to a fixed exchange rate to a certain extent.
Speaking of this, Gao Xian explained that the exchange fund authority will manage half of this side.
As for the independent monetary policy with the main feature of controlling inflation, as far as the actual situation of Xiangjiang is concerned, it will not deliberately force the exchange fund authority to manage up to half of this side.
In fact, when Gao Xian claimed that he believed in the ternary paradox, he was also making his own "improvement", that is, since the three sides of fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time, I only guarantee that one side, half of the control side and up to half of the last side, can't I?
Furthermore, this "improvement" reflects the flexibility required by high strings.
It's easy to say that capital comes to Xiangjiang and makes money according to their abilities; But if I want to rob, I'm sorry. I won't be beaten dogmatically. I reserve the right to make corresponding adjustments and kill the enemy.
……
Sir Gao's speech was very innovative and vivid, and won warm applause from everyone.
This period is already a Book of the world's second-largest economy. It may also be superstitious to play according to Mitty's rules. It is allowed to surpass Mitty and layout around ambitiously. For example, it plans to set up a car factory in the UK and reach an entry permit for the banking industry with the UK. It is convenient for Gao Xian to achieve his goal by giving his best wishes.After the successful signing of the first phase of the Hong Kong dollar and Japanese yen currency swap agreement, Gao Xian accompanied his family to visit Tokyo and went shopping. After all, goods such as toys and candy that can reflect the manufacturer's intentions are not very attractive to the three children.This made Miss Yi have to nag. Especially when she saw xiaojiayuan holding the candy can and not letting go, she broke her heart, coaxed thousands of people, ate too much toothache, and finally succeeded in "preventing addiction".Gao Xian looked at xiaojiayuan's shopping "booty" with a smile and saw that they were all well-known brands such as moriyong and Jiangqi greegao.I have to admit that the marketing success of these manufacturers is even excessive. For example, the custom of women giving chocolate to men on Valentine's Day is largely the work of moriyong's hard propaganda.Looking at those packages, Gao Xian suddenly felt thoughtful.Yi Huirong glared at her husband, "Why are you stunned? Don't you help coax your daughter aside."Gao Xian laughed and hurriedly took xiaojiayuan away, but he was also afraid that he would forget the "inspiration" that came out suddenly. He called an assistant and said, "let someone do two things for me in one book, and report the progress to me every month.""First, a food packaging patent should have this design effect. Once the food packaging is opened, it can't be restored. It's best to have transparent packaging."The clever xiaojiayuan pouted and said, "Dad is bad. Don't let others steal delicious food."Everyone was amused. Gao Xian stressed again: "remember, the key points of the food packaging patent I want can't be restored once the food packaging is opened."The assistant solemnly promised and made a high priority mark on the Notepad."Second, let Gao Yi compile a detailed investigation report on the food industry, especially to investigate the listing status of each company." Gao Xian lowered his voice and continued to command, "I'm of great use."Noticing the dignified look of the assistant, Yi Huirong casually asked, "holding the girl, what are you muttering?"Gao Xian cut off as if nothing had happened: "by the way, remind them to be careful when doing business. They can't blindly trust the quality of a food industry. The process that should exist must go.""Take Senyong dairy, another subsidiary of the group that produces this kind of chocolate. In the 1950s, the milk powder produced by Senyong dairy contained a large amount of arsenic in food additives, which led to food poisoning of about 13000 infants and killed 130 infants.""However, at that time, yiben Zhengfu regarded economic development as a top priority and then supported Senyong dairy. In addition, the mechanism for consumers to protect their own rights and interests was not perfect at that time. As a result, the handling of food poisoning ended hastily. Senyong dairy did not bear the corresponding responsibility and was free from the law for more than ten years.""The experience of those victims is very tragic. Some have obstacles such as cerebral palsy and intellectual disability. Some grow up and suffer discrimination in employment and marriage because of their physical disabilities.""Fortunately, with the improvement of awareness, after legal proceedings and resistance to Senyong dairy products, Senyong dairy finally admitted its mistake and took certain compensation measures."This interruption was successful. Miss Yi nodded. "This food safety accident is really worthy of vigilance and is just included in the scope of my congressman's office."After Gao Xian repeatedly said yes, he motionlessly waved his hand, and the assistant acted according to his instructions.After arriving in Toronto from Tokyo, Gao Xian separated from his family and continued to twist his waist to participate in an activity organized by the Howard Hughes foundation. Of course, the key point is that he will explain his policies to Wall Street in his capacity as president of the Xiangjiang exchange fund authority.With years of activity, the Howard Hughes foundation, as a think tank, has a considerable influence. For example, the attendees of this event include officials from the Federal Reserve, executives from Goldman Sachs, Morgan Stanley, Merrill Lynch, Solomon brothers, JPMorgan Chase, Citigroup, and well-known economic experts such as Alan Greenspan.When it was Gao Xian's turn to speak on the stage, everyone applauded warmly, because Sir Gao, who has a certain popularity in the circle, has a legendary recent experience, which made everyone very curious. Under such circumstances, sir Gao, as president of Xiangjiang exchange fund authority and master half of the power of Xiangjiang finance, will give to Xiangjiang as an international financial center, Bring something new.At the beginning of his speech, Gao Xian expressed his view that as the president of Xiangjiang exchange fund authority, he believed in the principle of international finance as a ternary paradox.This theory was put forward by two economic experts who once worked in the International Monetary Fund, John Fleming and Robert Mundell, respectively in the early 1960s. At this stage, it is certainly not as recognized as it was after the Asian financial crisis.The reason is very simple. The results of scientific research need sufficient sample data to support, and the accurate reproduction of human social activities is almost impossible. We can only rely on time to verify it step by step with more and more examples. For example, for the ternary paradox, from its proposal to the Asian financial crisis, there will be one economic crisis after another to verify this hypothesis.The general content of the ternary paradox is that fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time.For example, since the collapse of the Bretton Woods system, most developed economies, including the United States and Japan, have an independent monetary policy, allowing free capital flow, liberalizing the exchange rate and leaving it to market regulation.In his speech, Gao Xian clearly stressed that free capital flow is the foundation for Xiangjiang to become an international financial center and will be implemented all the time. Therefore, all gold owners can rest assured that they can come to Xiangjiang with money!The reason why Xiangjiang will implement the Hong Kong dollar linked package of international currency exchange rate system, which is currently dominated by the US dollar and supplemented by the other three international currencies, is also helpless, because since the Hong Kong dollar exchange rate began to float freely against the US dollar, problems such as the continuous depreciation of the Hong Kong dollar and imported inflation have become more and more serious.The Hong Kong dollar linked package of international currency exchange rate system is equivalent to a fixed exchange rate to a certain extent.Speaking of this, Gao Xian explained that the exchange fund authority will manage half of this side.As for the independent monetary policy with the main feature of controlling inflation, as far as the actual situation of Xiangjiang is concerned, it will not deliberately force the exchange fund authority to manage up to half of this side.In fact, when Gao Xian claimed that he believed in the ternary paradox, he was also making his own "improvement", that is, since the three sides of fixed exchange rate, free capital flow and independent monetary policy cannot be controlled at the same time, I only guarantee that one side, half of the control side and up to half of the last side, can't I?Furthermore, this "improvement" reflects the flexibility required by high strings.It's easy to say that capital comes to Xiangjiang and makes money according to their abilities; But if I want to rob, I'm sorry. I won't be beaten dogmatically. I reserve the right to make corresponding adjustments and kill the enemy.Sir Gao's speech was very innovative and vivid, and won warm applause from everyone.
