The next few days.

At Naoio Nagano's request, the asset management department and Sony had some contact.

Although Sony has not confirmed anything, considering the current geopolitical and economic environment, Nagano Nao could guess that Sony's desire to expand its factory in South Korea is definitely not just a financial issue.

Today, Samsung is not even considered a second-rate company in the world.

A behemoth like Sony could easily beat the Li family into a state of disarray with just one slap.

Therefore, there is only one reason why Sony wants to control Samsung: it was forced to transfer its semiconductor industry to South Korea due to the suppression of Toshiba, a subsidiary of the Mitsui Group.

In itself, Sony's acquisition of Columbia and Mitsubishi's acquisition of Rockefeller Center are more than just investments.

In essence, the trend towards global economics is inevitable.

Therefore, whether it is IPO financing or equity swap, this kind of survival model of "you in me, I in you" is the real purpose.

As for the losses on paper and in strategy, it is actually difficult to say whether it is a profit or a loss.

A new week has arrived.

Because there was an agreement to be signed at the Keiretsu Joint Meeting, Nagano Nao had to rush to Tokyo.

Compared with the last formal annual meeting, this time the attendees were mainly senior executives of financial institutions and senior officials from the Ministry of Finance.

The person from the Ministry of Finance who participated in this meeting was Tsutomu Hata, which surprised Nagano Nao.

Since Ryutaro Hashimoto resigned as Minister of Finance, Toshiki Kaifu resigned as Prime Minister to take over the post of Minister of Finance. However, a few months ago, Kaifu completely withdrew from politics, and this Liberal Democratic Party veteran took over as Minister of Finance.

Seriously speaking, this guy actually has no influence in the Liberal Democratic Party.

It is actually very difficult to serve as the Minister of Finance.

But it is difficult but understandable.

This guy, Tsutomu Hata, is very good at judging the situation and is known as the Japanese Zhongshan suit congressman.

As the name suggests, this guy is the only one who wears a Zhongshan suit in Congress, and he is also the congressman who publicly praises the policy toward Han.

Diplomatic politics is the core strategy of Japan's current financial community, so it is reasonable for Tsutomu Hata to serve as the Minister of Finance.

After greeting each other.

Everyone sat down one by one.

This guy, Tsutomu Hata, is very humble.

Compared with his predecessor, his politeness was almost humble.

But there is nothing we can do about it.

Since the beginning of the Democratic Reform.

Fukuzawa Yukichi pointed out that a country where everyone wants to be in charge has no future, and commercial power has become the core of power in this country.

Not only did it overthrow the rule of the shogunate, but it also made Japan one of the great powers in the Second Industrial Revolution.

The so-called business power, in addition to winning over and influencing the political arena, the most terrifying thing about it is the intertwined relationship between the business power and the academic cliques.

After all, society is ruled by people. When elites and smart people gather in enterprises and control these talents, that is the essence of commercial power.

Therefore, every recruitment season, major financial groups will do everything they can to attract talents in order to compete for the ultimate power of business rights.

Originally! The top elites of society flow into enterprises, and a large number of basic talents flow into the system, which can check and balance each other.

However, the passage of the Asset Disclosure Law has wiped out the enthusiasm of the backbone of civil servant assessment. The civil servants, who were once relatively stable, have become objects of disgust even dogs.

In this way.

The power of the cabinet and local county and provincial governments was weakened again.

Even the Ministry of Finance felt that it was difficult to lead the team because of the alienation of grassroots staff.

"Mina-san, please come over despite your busy schedule. We apologize for any disturbance we cause you! But this matter concerns the survival of this nation, so..." Hata Tsutomu said very politely after greeting everyone one by one.

The corporate executives present exchanged glances with each other and did not have any particular fondness for the new Finance Minister.

What politicians say is like the mouth of a lady, and not one out of ten of their sentences can be believed.

Even though the Ministry of Finance's power has been infinitely weakened, these guys will certainly not give in easily. They speak so seriously from the beginning, they must have no good intentions.

Sumitomo Life Insurance President Nakamura Asaichiro said, "Mr. Haneda, you are too polite! Why are you talking so seriously? What happened?"

"Something very serious has happened! I'm sure you've all paid attention to the latest inflation data released by the Price Bureau. The prices of some vegetables and fruits have risen sharply year-on-year, and with liquidity shortages today, I'm afraid it will further lead to the spread of the bubble burst."

Hata Tsutomu said with a look of regret, and then added: "But the central bank believes that the current economy needs to be stimulated by loose monetary policy. In this way, the bursting of the real estate bubble and the bursting of the financial asset bubble will inevitably further push up the inflation outlook."

"Lord Miyazawa has always been very concerned about this."

"Because according to the statistics of the Ministry of Health, Labor and Welfare and major life insurance agencies, the birth rate of new population is at risk of falling to the international risk line of 1."

"Whether carnivores should eat herbivores is a commonplace topic that you are all very familiar with."

"so."

That’s all I have to say.

Tsutomu Hata looked very Japanese, as if he wanted to say something but was hesitant.

The executives from various large companies present at the meeting showed no emotion on their faces, but they were already cursing in their hearts.

What is money? What is the economy? In modern finance, it can be summed up in one word: general equivalent.

The so-called distribution according to work and distribution according to need always have contradictory interpretations in the definition of liberal economics.

But the early planned economic model of the Soviet Union and Mao Zedong has already shown that the monetary game of the liberal economy is nothing more than a new rule for resource allocation.

Among the primary production factors, population is the primary production factor and also the primary production resource.

Therefore, people themselves are the greatest resource.

The reason why the population is approaching the international warning line of 1 is that, essentially, more resources are controlled by the upper class, and the resources allocated to the lower class tend to decrease.

Because survival is the first need of human beings.

When the exchange value of labor cannot meet the demand, it will inevitably tend towards a stronger dependence for survival.

Do you have a house?

If this requirement is abandoned.

Being able to eat fruit will become a new need.

If life becomes difficult in terms of food, clothing, housing and transportation, women will become commodities with a fixed price in the capitalist economy, and the right to mate will inevitably be plundered from the bottom.

In human terms, carnivores do not care about the lives of herbivores and eat to their heart's content. They even eat the grass as well as the herbivores to change their taste.

But the problem is.

The corporate executives present here are mainly from the manufacturing and insurance industries.

Motoshige Hiroshi of Meiji Yasuda Life Insurance immediately turned his face away: "That's true! But those guys who eradicated the herbivores still seem to have a leisurely life!"

"Come to think of it, our major life insurance agencies have always been very responsible. Don't you think that Mr. Haneda should discuss this matter with the Seibu Group or the housing agency?"

Such a shameless attack made Tsutomu Hata feel ashamed.

Glancing at Nagano Nao who remained silent, he said for the sake of the overall situation: "It's not a manly thing to dwell on past responsibilities. Nagano-kun's previous paper had already predicted how bad the future fertility rate would be. In this case, don't you think you need to take on your due responsibilities?"

Another ball was kicked back.

It is said that power means responsibility and position means responsibility.

Although the Asset Disclosure Law has greatly weakened the power of government agencies, the corresponding responsibilities have fallen on the shoulders of enterprises.

after all.

If all the herbivores died, there would be no fun for everyone.

Glancing at his colleagues who looked both upset and heartbroken, Nagano Nao took on the responsibility of the largest life insurance agency.

"No one wants the situation to get worse! So what is the strategy of the Ministry of Finance and the Cabinet?"

"Herbivores need to rest and recuperate to reproduce, so controlling inflation is a top priority. However, the central bank's loose monetary policy and the outflow of bubble assets will only boost inflation. So I'll have to ask you to take on the huge responsibility of reducing inflation."

Said Tsutomu Hata.

The secretary handed over the prepared documents.

A very formal document.

That is the non-escort fleet policy that the Ministry of Finance likes to implement the most, namely - window guidance, or macro-control.

Each person received a copy of the document.

Nagano Nao also took a job, and after watching it, I didn't know how to complain about it.

The file is a formal official document, so there is nothing to say about the loopholes. The meaning of the document itself is really speechless.

As of 1990, the balance of local debt was 89,064 billion yen, of which government funds accounted for 51.4%, bank funds accounted for 14.4%, public enterprise financial treasury funds accounted for 15.2%, and other funds mainly came from insurance companies and Freemasonry associations, accounting for 19.0%.

From this we can see that government and public enterprise financial treasury funds occupy an important position, followed by bank funds.

But the new guiding policy can be summarized into one meaning - according to the agreement, the Life Insurance Federation needs to undertake 20% of the public debt scale. In addition, it must also undertake the issuance and sale of public bonds.

I have to say.

This move by the cabinet is really bold.

Because once funds flow into government bonds, the spot yen in the market will be deflated, which will inevitably further push up the yen trend.

In this way, the price of imported resources will drop year-on-year, and it will become very easy to stabilize domestic prices.

The problem is that throwing these government debts to businesses and conglomerates is tantamount to the cabinet simply giving up and dumping all financial distribution issues on the businesses.

After reading the agreement, Nao Nagano was the first to get restless: "From a biological point of view, a life that is too comfortable is actually not conducive to the survival and progress of a group. Such a large scale of public debt is likely to cause young people to become depressed and lose their fighting spirit without pursuing goals."

Haneda Tsutomu's eyes flickered, and he said very honestly: "Are you serious, Nagano-kun? Even the harshest slave society will give the people a chance to recuperate. Isn't this exactly what you said in your paper?"

Damn it!

When did I ever say this?

Wait a minute!

I really did say it was a good show! Nagano Nao's face darkened.

The rush to refute this is because the central bank's interest rate will inevitably continue to fall, so government bond yields will definitely continue to shrink.

Government bonds are often issued with a term of three, five, or even twenty years.

In the long run, at the current interest rate, all conglomerates will be like being sucked blood by a group of parasites.

For a moment.

Nagano Nao was somewhat dazed.

For a long time, he was confused about one thing - why are the young people of the Heisei era called Heisei otaku?

Lying down is not that easy. Eating, drinking, defecating, urinating, and sleeping all cost money.

Normally, if the real estate reservoir breaks, the funds will push up inflation, which will inevitably push up the prices of many commodities several times.

Even if income remains the same and buying a house becomes easier, an infinitely improved standard of living will not change the previous distribution.

In simple terms, if the house is not enough, there is still a car. If the car is not enough, there is still transportation. If the transportation is not enough, there is still food, clothing, housing and transportation. There is always one that suits you.

Finance, as a distribution tool, can steal from everyone's wallet without restriction.

As long as people are alive, they cannot avoid the tool nature of being a fuel.

So Naoyoshi Nagano has never understood why these useless people in the Heisei era could just lie down and stay at home for thirty or fifty years.

But now, he had some idea of ​​what was going on.

When the consortium seized the commercial rights, it was equivalent to taking over the social responsibility without any shirking. Now the Ministry of Finance has directly messed up everything. In this country, as a corporate leader and member of the financial community, you have no choice but to take over this mess.

You can't refuse to accept it! Otherwise, you will be a coward despised by the whole nation, a useless person without manliness!

If we continue in this way, there will only be one result: the scale of public debt will continue to grow, and the per capita wealth gap will continue to narrow.

Because in essence, this kind of public debt that must be taken on is actually the allocation of the planned economy.

There is no struggle for a house.

Government bonds can absorb hot money and capital from society, and since the central bank has not lifted restrictions on housing loans, housing prices will only continue to fall.

The prices in some places in Kyoto have fallen to 300,000 yen, and in several districts of Tokyo the prices have fallen to less than 20% of their original levels.

If the property tax continues to be implemented, it is not impossible that the price will drop to one-tenth or one-fiftieth in two years.

In this way.

As long as prices are kept under control, the so-called rest and recuperation of herbivores can be achieved.

The problem is that once human beings have no goals to strive for, it will be a terrible thing! No worries about food and drink, you can buy a few square meters in a month. If you live like this for too long, there will be no other possibility except becoming a nerd. What kind of broken country is this? At night.

Tokyo is lit up with neon lights.

Nagano Nao was drunk and cursed: "Tell me, are these guys in the cabinet brainless?"

“If people lose their fighting spirit, what is the difference between them and salted fish?”

Miyazawa and the cabinet are a bunch of bastards, don’t they know that doing this will make young people lose their fighting spirit? "

"Baka! No wonder Marx said that every pore of the capitalists is filthy and bloody! Did you grow up in America, you bastard? How can you have such capitalist, vampire ideas?"