London, England.

After receiving the final result of Lira's collapse and having to negotiate with the Germans, Norman Lamont's golden hair flew, waving his fists and shouting, his face full of excitement.

Due to the complete collapse of the lira in the foreign exchange futures market and spot market, the Italian government had to announce that the lira depreciated, reducing its price ratio by 3.5%, which means that the other ten currencies in the European monetary system will appreciate by 3.5%.

In this case, Germany has only one option, cut interest rates.

Where is the relationship between Italy and Germany in love and fight? The German Mark is the currency with the largest proportion of Ecu. The German Central Bank bears the responsibility equivalent to that of Europe and the central bank. Under pressure from various countries and in order to maintain the European monetary system, it finally made concessions.

At the same time when Italy announced the depreciation of the lira, the German Central Bank officially announced that the discount rate would be reduced by half a percentage point from 8.75% to 8.5%.

There is nothing more exciting than this. The pressure that the pound has been facing is Germany's interest rate policy. Now, the German Central Bank has lowered interest rates by 0.25%, which is definitely a wonderful start.

You know, this is the first time Germany has cut interest rates since the merger of the two Germanys.

Not only that, Italy, as one of the members of the European Community, has the position of the lira among the ecu. Now, the depreciation of the lira means that the currencies of other countries are appreciated.

Of course, this also includes the pound.

If it is normal, there is nothing to be happy with. If the pound appreciates, the German Mark will also appreciate, which will have no impact on the UK's right position in Ecu. Now it is different. Germany has reduced interest by 0.25%, which will inevitably soften the value of the German Mark.

Is there a more perfect ending than this?

No.

There will never be a more perfect ending than this. As the German Central Bank lowers interest rates, the pressure on the depreciation of the pound will naturally be reduced a lot, and it can also strengthen the pound's position in the ecu, which is simply perfect.

"Norman, you're so smart."

"No one knows better what Germans are thinking than me, haha."

"Sure enough, no one understands economics better than me."

“Lamont is amazing.”

"Oh yeah!"

“…”

It is completely imagined that the great, smart and wise Mr. Lamont would be brave and calm when the pound faces a huge crisis, and if he resolved the crisis and gained more benefits from the crisis, what kind of honor would it be. He waved his fists hard, and as Norman Lamont jumped excitedly in the office, he shouted hard. His flowing golden hair and his tall and burly body were so handsome.

Unfortunately, this kind of pride cannot be said everywhere, and the feeling of holding secrets and wisdom in my heart is really tormenting.

How can I celebrate well so that I can see my wisdom, greatness, intelligence and courage?

Have it!

After thinking for a while, Norman Lamont picked up the phone on the table and called his assistant.

"You can arrange for me tonight's one-night happy concert in Kailina.bbc. I think I am in good condition today and it is very suitable to sing a song."

"Sir. I'm just looking for you, and there is something very important to you."

"What's up?"

"I'll be in your office right away."

Five minutes later, Kalena Jolie walked quickly to Lamont's office with a file bag.

"Sir. I think these remarks are very unfavorable to us and may require you to deal with them in time."

"The Sun"

‘The turning point facing the British economy’

Author: Shen Jiannan

With pictures, a handsome and handsome photo of holding hands with your shoulders and being very sexy.

"Today, the problems facing the UK are more from the economic downturn. The high interest rates make the UK face a very difficult choice to adapt to the depreciation of looser monetary policies or adopt existing monetary policies."

“This is a very difficult question.”

“…”

“…”

"From the trend of London securities, the sluggish real estate market and the unemployment rate, I think and believe that loose monetary policy will depreciate the pound more suitable for the current British economy."

"Lose monetary policy can inject new vitality into the market, and cheap pounds can also make trade exports move from sluggish to good expectations faster."

“…”

The Times

‘Where does the pound go?’

Author: Shen Jiannan

‘Since Major took office, the UK economy has continued to decline, real estate prices have sluggish, unemployment has continued to rise, economic data has been slid and slid, and everything proves that the pound has a serious high valuation in its currency value.’

'But I don't think it's a bad thing.'

‘The appreciation and depreciation of the local currency have different logical relationships for economic development. If the pound depreciates, it will inevitably develop better for the export economy.’

"From an economic perspective, the current industrial products in the UK are becoming an export-oriented economy, and cheap pounds can give export companies more room to operate."

“…”

After reading the newspaper that Julie handed over, Norman Lamont jumped up in anger.

As the biggest short squeeze in major European currency markets, this bastard is clearly shorting the pound. What kind of bullshit economy is all nonsense.

Shameless.

Isn’t it just that I want to take advantage of the sharp drop in the pound and make a big profit? I also say it is as if I am helping the UK find the right direction of development.

It's extremely shameless.

"Fuck. This damn Eastern man, he is farting. The great British Empire is not comparable to the chaotic country of Italy. Call the reporters immediately and I want to express our attitude publicly."

"That's the good night tonight?"

"I will attend on time. Arrange it for me, a mere Oriental man, and I will let him see the wisdom of Mr. Lamont."

“…”

It was 4:30 p.m.

In the press room of the Ministry of Finance, Lamont stepped onto the podium with his tall and burly body, waving his flowing blonde hair.

Kakka--

A series of exposures reflect the entire venue like daylight, and also make Lamont's flowing golden hair more brilliant and golden.

Before the reporter asked a question, he raised his arm and clenched his fists hard and expressed his strong belief with unique tension.

"No one knows the economy better than me. The current monetary policy is very consistent with the economic environment of the UK. Those damn bastards just want to make a big profit after the pound falls."

"But I tell you, if you dare to do this, my fists will be thrust into your anus and let you realize the iron fist of the British Empire."

"Oh...sorry, this passage is deleted. As a gentleman, I shouldn't be so rude."

Finally, the reporters had the opportunity to ask questions.

"His Finance Minister, what do you think about the pound rumored that the market is about to depreciate?"

"I can tell you for sure that the pound will never depreciate. We have enough confidence and strength to stabilize the existing exchange rate mechanism."

"But on Friday night, the lira had fallen below the floating lower track, what do you think will affect the pound."

"The UK is the oldest country in Europe, with a strong economic foundation, and the Bank of England also has tens of billions of pounds of foreign exchange reserves. It is not comparable to a chaotic and wealthy country."

"Mr. Treasury Secretary, a world-renowned economist, analyst and fund manager, Mr. Shen Jiannan, believes that the UK now needs a looser monetary policy to stimulate inflation, and the depreciation of the pound is conducive to current trade exports. He believes that the Bank of England may choose to depreciate the pound. What do you think about this?"

"Mr. Treasury Secretary. Other analysts also said that the main problem of the economy is the reversal of trade gaps. If the pound depreciates, it may not be in line with the interests of the UK than the existing exchange rate."

"Mr. Treasury Secretary. Will the central bank choose to depreciate the pound to stimulate exports as market expects?"

What do you think, I think you will be indifferent.

In an instant, Norman Lamont was angered by the name Shen Jiannan.

"Shen? He is an oriental man and is a famous economist.

Oh, Mai Ka. You bastards always want to make big news, right?

I recently had an idea of ​​traveling to space. Do you want to go with me? I really want to stuff all of you bastards into the rockets and let you visit the sky for a while so that I can calm me down.”

"His Treasury Secretary, the public has the right to know the government's attitude towards monetary policy."

"Our attitude is that the pound will never depreciate."

After saying that, Norman Lamont looked at his watch, turned around and left.

The reporters were stunned and did not expect that the Mr. Finance Minister was so willful.

“……”

"Your Excellency, please wait."

“…”
Chapter completed!