In August 1979, Volcker became chairman of the Federal Reserve. Faced with inflation, a runaway horse that could never be tamed, Volcker broke with his usual "zero tolerance" policy and implemented a radical austerity policy, tightening the money supply and raising the discount rate. In December 1980, the federal funds rate in Country A reached a high of 22%. Latin American countries mostly borrowed at floating rates. As interest rates in the international financial market climbed, borrowing costs soared, exacerbating their debt burden.

"Beginning with Mexico, and then to Argentina, Brazil and other Latin American countries, they can only passively maintain deficit finances and expansionary monetary policies."

"But if they do so, the governments of both Brazil and Argentina will have to rely on issuing large amounts of currency to make up for their fiscal deficits, which will directly trigger hyperinflation. The result will be severe inflation, prompting a large outflow of capital from Latin American companies and private individuals, exacerbating the funding shortage, until all foreign exchange reserves are almost exhausted and they are no longer able to repay the principal and interest of maturing debts."

"After comprehensive analysis, it is concluded that the foreign exchange reserves of Latin American countries are almost exhausted. They are no longer able to repay their debts and will sooner or later declare bankruptcy."

Grandpa Gu was also greatly shocked after Su Nuan's detailed data analysis. Old revolutionaries like them would pay attention to current affairs and politics of various countries, and they had also heard about the depreciation and inflation of the US dollar.

But he didn't think this had anything to do with his country. After Su Nuan's analysis, if he really shorted the market during this financial crisis, there would be great potential in it. Thinking of this, Grandpa Gu became excited.

"Xiao Nuan, I'll trouble you later. Please give me the report you just mentioned. I will personally take it to the leader to report. If this is done, you will have made a great contribution to the country."

"Okay, no problem. I would have gotten involved in this matter, but with my limited resources, I could probably get in and out quickly and avoid attracting the attention of the big capitalists. But if the country takes action, I can also get a piece of the pie."

"Hahaha, you clever fellow, go and finish this report. I'm waiting to report to you. You guys can get out now."

As he said that, Grandpa Gu began to impatiently drive the two of them out, and they had no choice but to leave the study.

After coming out, Aunt Fu downstairs called them to eat, and the two of them went in again to call Grandpa Gu out to the restaurant to eat.