Hearing Yang Jing's words, Cesar and the others nodded excitedly.
Since the last London gold investment operation ended, Cesar and his team's operations are not limited to the London gold market. They have been keeping a low profile in the past few years and have begun to shift their work focus to major stock markets and foreign exchange markets. Therefore, they are very clear that compared with the gold market and major stock markets, investment in the foreign exchange market often requires a longer layout time, and once the investment in the foreign exchange market is successful, although the gains are huge, it also takes a relatively long time to reap the benefits.
In the foreign exchange market, a relatively large and purposeful investment often takes several months or even half a year, and the one year mentioned by the boss is actually not very long in the face of such a large amount of funds.
"Okay, Boss, since you care so much about us, we will take over the operation of this investment!" Hearing Yang Jing's firm words, Cesar didn't want to say more about it and made the decision directly.
"Okay! Since you have accepted this mission, let me tell you about the specific action plan."
Yang Jing greeted everyone present, and they all followed Yang Jing into an operation room on the first floor which was specially used for trading.
This room was converted from a large bedroom and is more than 30 square meters. It contains several connected workbenches, each with a telephone and a fax machine. The most eye-catching thing is the desktop computer on each table.
This is a computer with a very peculiar shape. Of course, this peculiar shape is only for Yang Jing. For Mike Aller and Cesar, this computer is extremely advanced and sci-fi.
"Wow, Boss, are these the 286 computers that IBM launched last July?" Albert recognized the identity of these desktop computers at a glance.
Yang Jing smiled and nodded, saying, "Yes, these five computers are the latest models launched by IBM last year, and they use Intel processors. At present, they are the most advanced civilian computers. Cesar, you all know how to operate these things, right?"
Cesar and the others nodded, indicating that they could operate this new machine.
In fact, even if computers were available at that time, their actual civilian applications were still very limited. After all, in this era, the Internet was only used in the military, and there was no civilian Internet.
Without the Internet, no matter how advanced your computer is, it is useless. Without the Internet, the computer is like a world champion in the 100-meter race who has lost his legs.
"Boss, these computers are only suitable for calculating various data now. Transactions still have to rely on telephones and fax machines." Cesar pointed out the limitations of these computers in one sentence.
"I understand. I bought these computers for you to facilitate your work." He clapped his hands to attract the attention of the team members who were fiddling with the computers. "Guys, are you satisfied with the environment here?"
Several people nodded in satisfaction. Although this was not the most professional trading room, the conditions were very good. Even if they worked here for a year, it would not be too uncomfortable.
"Okay, since you are all satisfied with the conditions here, I will start talking." Yang Jing looked at the few people, motioned them to sit down, and then said: "This time we have only two investment targets, one is the Japanese yen and the other is the US dollar. What you need to do is to short the US dollar and go long the Japanese yen."
Cesar nodded to show that he understood and then said, "Boss, can you explain it in detail?"
"That's no problem. I'm sure you've all had a deep feeling about the continued strength of the U.S. dollar in recent years, right?"
Albert smiled bitterly and said, "That's right, Boss. The strength of the dollar over the years and the high interest rate policy of the US government have kept the dollar in a high-level operation state. To be honest, we are now very worried about how long this situation can last. The current strength of the dollar is really scary. To use your words back then, it is too much. If this situation continues, it will be too dangerous."
Yang Jing snapped his fingers in satisfaction and said, "Albert is right. In fact, I also think that the high-level operation of the US dollar will not last long. The current state of the US dollar has seriously affected various unfavorable situations in the United States. Even Japan and major European countries have been greatly affected. If the current situation is not changed, the whole world will face a disaster. Therefore, I think the depreciation of the US dollar has reached a stage where it is inevitable."
Yang Jing tapped the table with his fingers and continued, "In fact, this situation did not happen overnight. It was caused by a series of stupid decisions made by the Washington authorities over a period of seven or eight years. As early as 1977, the United States proposed to devalue the dollar because of the large trade surplus between Japan and Germany and the United States. Although it was only a verbal statement by the US Treasury Secretary at the time, it also triggered a crisis of dollar devaluation. From the beginning of 1977 to the autumn of 1978, the dollar depreciated by more than 40% in just over 20 months! This crazy depreciation panicked the Carter administration, so President Carter formulated the stupid "dollar rescue package" action, hoping to make the dollar appreciate again."
"Carter's plan was considered to be quite sensible at the time, but Carter probably didn't expect that not long after the plan was implemented, the outbreak of the Iranian Revolution led to the second oil crisis. In addition, the strong appreciation of the US dollar at this time led to severe inflation in the United States."
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