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Rebirth capital madman - Chapter 441

Published at 17th of March 2022 07:25:03 PM


Chapter 441

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Gao Xian's judgment is naturally justified. In fact, as long as we stand at a high enough angle, we can find President Carter's employment preferences when choosing economic advisers and aides.

Take the current US Minister of finance, Wiener Blumenthal, who was the chairman and CEO of Bendix before he took office.

In the "old script", the name of Bendix company was gradually forgotten due to a series of capital operations, mergers and acquisitions in the 1980s. However, Bendix company in this era still plays a prominent role in the field of manufacturing and engineering, specializing in the manufacturing and engineering of automotive parts, electronics and aerospace.

During the five years when Wiener Blumenthal served as chairman and CEO of Bendix, Bendix's sales doubled to nearly $3 billion. Last year, in 1976, Bendix was rated by the media as "one of the five best management companies in the United States".

President Carter's appointment of Wiener Blumenthal as US finance minister received the most direct response, which was applauded by business people and labor leaders.

In Gao Xian's view, President Carter's employment preferences are not difficult to understand.

Since the 1970s, the American economy has been in a mess. The devaluation of the US dollar, trade deficit, oil crisis, inflation, economic recession, and even the economic stagflation that most embarrassed the elites have left some traditional economists helpless. Therefore, President Carter simply asked enterprise executives with practical experience to try, At least it can win the support of business and labor groups.

Candidates for the chairman of the Federal Reserve have always been from economists or bankers, and such people don't listen to the White House after they become the chairman of the Federal Reserve.

In this case, President Carter, who has tasted the sweetness of corporate executives, has found a corporate executive to be the chairman of the Federal Reserve who can obey the orders of the White House.

After listening to Gao Xian's explanation, Alan Greenspan spoke in silence, "Even if Sir Gao's judgment is accurate, it is difficult for President Carter to choose the new Fed chairman to work. The atmosphere there is the openness and freedom accumulated by economists and bankers for a long time. It is difficult to control the meeting time when discussing monetary policy, and it is very unfriendly to corporate executives pursuing work efficiency."

When Alan Greenspan walked along with his own ideas, he smiled. The reason why he took the trouble to discuss the new candidate for the chairman of the Federal Reserve with each other was mainly from a social point of view.

Making friends is about getting along with each other on an equal footing. Economists like Alan Greenspan always have to show some skills to impress each other. When the election of the new chairman of the Federal Reserve is clear, Alan Greenspan will understand better that Gao Xian is not a local rich man with only money.

After Alan Greenspan's words, Gao Xian continued to express his opinion: "it's not important. What President Carter needs is to stimulate economic development, and it's best that the fiscal policy of the White House and the monetary policy of the Federal Reserve can go together."

Alan Greenspan shook his head. He felt more and more that Gao Xian's speculation was reasonable. Finally, he sighed: "if the White House and the Federal Reserve stimulate the economy together, inflation will become very terrible."

In fact, economic experts like Alan Greenspan will not reject the improvement of the economy, but he advocates allowing the market to adjust automatically, while politicians like President Carter intervene in the market through the government.

In addition, Alan Greenspan has always been a defender of controlling inflation for the Fed's monetary policy.

These are the biggest differences between Alan Greenspan, who once served as chairman of President Ford's Economic Advisory Committee, and the current White House.

Gao Xian turned to a serious matter. "Last year, the Howard Hughes foundation tried to hold a high-end economic seminar in New York, and the effect was good."

"Therefore, the Howard Hughes foundation has decided to turn this activity into a permanent seminar held in Las Vegas every year. It will be held in the Sands Hotel this year, and preparations have begun. Please help Allen contact more well-known economists."

It is no exaggeration to describe that there are many economic research activities held in New York every year, just like the Secretary of state crossing the river, and the Howard Hughes foundation, which is not qualified, is very easy to be submerged in holding such activities in New York.

In sharp contrast, the high-end economic research activities held on the west coast of the United States are not so popular, which is just suitable for the development of Howard Hughes foundation, which also realizes Gao Xian's commitment to locate the headquarters of Howard Hughes foundation in Nevada and bring benefits to it.

In addition, famous cities in Western America, such as Las Vegas, Los Angeles, San Francisco and Seattle, although there is no Wall Street, with the economic rise of Asia across the Pacific and the increase of trade friction with the United States, it should be easy to write articles on high-end economic seminars.

This is like the "old script" in the Internet era decades later, no matter what you do, you first grab traffic. As the number of high-end economic seminars is more, the voice will ring, and the influence of Howard Hughes foundation will follow.

After listening to Gao Xian's plan for the Howard Hughes foundation to hold a high-end economic seminar, Alan Greenspan promised.

This is not only Alan Greenspan's responsibility as a director of the Howard Hughes foundation, but also reflects that Gao Xian has seized a lifeline of Alan Greenspan.

There is a saying in China - learn the arts of literature and martial arts and sell goods to the imperial family. It also applies to American society.

At present, Alan Greenspan has made great achievements in economic and academic studies. The most obvious recognition of his achievements is to serve President Ford as the chairman of the Economic Advisory Committee.

However, because the White House has changed its master and there are differences in economic policy views, Alan Greenspan can only accept the reality that his career has been frustrated.

However, like many economists in the United States, Alan Greenspan is addicted to being an official and still strongly looks forward to the day when he returns to Peanut Stew.

Now Alan Greenspan uses his aura as chairman of President Ford's Economic Advisory Committee to solicit business for his firm everywhere. In fact, it is also a kind of disguised self hype. Otherwise, once the silence goes down, there are so many American elites and fierce competition, who can remember to reactivate him 100%.

At this time, Gao Xian provided Alan Greenspan with the opportunity to brush the reputation of economists through the platform of Howard Hughes foundation, so as to lay the foundation for returning to Peanut Stew in the future. Alan Greenspan is so smart that he naturally understands the importance of this resource and doesn't work hard.

In short, as long as a person wants something, Gao Xian can find a chance to start.

In other words, can a person really have no desire?




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