Wang Qiang then realized: "It turns out that the so-called Japanese miracle is not that Japan is so powerful, but that the United States is doing it itself!"

Su Su smiled and said, "It cannot be said that it is not strong. It is worthy to seize this opportunity and take over the advantages of "time, place and harmony with people". It is still worth mentioning. It is good for ordinary people to seize one or two opportunities. Therefore, when the entire 60s and 70s, other developing countries were raised by the United States and raised interest on borrowing money, and various bankruptcies were acquired. Japan's war base was gorgeously avoiding all kinds of harms. The entire 70s was the golden period of Japan's post-war rise. Japan's automobiles and electrical appliances were sold to the world, and various Toyota, Mitsubishi, Sony, Panasonic, Toshiba, and Hitachi became the most well-known famous brands in the world..."

"The Japanese felt a lot of national pride during this period! The Japanese were respected by people all over the world. At that time, Japan was also vigorously developing Sino-Japanese friendship because it echoed the establishment of diplomatic relations between China and the United States, and was respected by the Chinese..."

Wang Qiang heard it and got goose bumps all over his body, and he couldn't help but rush: "Su Su just said when did Japan start to commit suicide!"

Su Su smiled and said, "Okay, it's just that the Japanese are starting to expand and they start fighting with American fathers to fight cars. The famous right-wing politician Shintaro Ishihara also wrote a bestseller "Japan Can Say Not"..."

Wang Qiang laughed out loud.

Su Su smiled and said, "Anyway, the Soviet Union was already exhausted at this time, and Japan's strategic position began to decline. The United States was playing financial printing money and printing, and various inflation occurred. Then it had to start killing pigs. So in 1985, the United States attracted Japan, France, Britain, and Germany to start a secret conference at the Plaza Hotel in New York, that is, the pig slaughtering conference. Among them, Japan is the fattest end. This is the famous "Platform Agreement". The so-called "Naosaki will not have Japan after Nagasaki, and Yamato after the Plaza... Is Brother Qiang interested in learning pig slaughtering techniques?"

Wang Qiang browed: "Although I am interested...but is it complicated?"

Su Su sighed: "Brother Qiang graduated from the second grade of elementary school after all!"

Wang Qiang nodded repeatedly: "Yes, with the guidance of a famous master like Su Su, how complicated can it be."

Su Su smiled and said, "The core of the square agreement is just two sentences - 1. The yen appreciates by 5% every year, 2. Countries sell US dollars. Brother Qiang has learned about currency appreciation, so what does this mean?"

Wang Qiang slapped his head: "I said before, forcing the other party's currency to appreciate is to run away with more money! An American businessman brought 100 million US dollars to China to do business. He first exchanged it for 500 million RMB at a 1:5 exchange rate. Then when he earned 1 billion RMB and wanted to leave, he forced the 1 billion RMB to appreciate 1:4. Then his 1 billion RMB will become 250 million US dollars, and he will get 50 million in vain!"

Su Su said with relief: "I am worthy of being Brother Qiang. I still remember what I said before!"

Wang Qiang laughed and said, "My theory talk can't remember it, so I remember the story and jokes very clearly!"

Su Su smiled and said, "It's great. I was so afraid that I wouldn't remember it if I talk too much. In fact, appreciation is beneficial to imports. On the surface, the square agreement is also good for Japan. This benefit is the last feeding before slaughtering the pig. So Brother Qiang listens well, for example, the exchange rate of the US dollar to the Japanese yen is 1:200, which is 1 US dollar = 200 yen. One dog food in the United States sells for 1 US dollar, so the Japanese need 200 yen to buy this dog food."

Wang Qiang nodded repeatedly: "Yeah! It's easy to understand the beginning."

Su Su smiled and said, "Then the yen suddenly appreciated, for example, appreciation by 1 times, that is, 1:100, then 1 US dollar = 100 yen, then--"

Wang Qiang immediately raised his hand and answered: "Then the 200 yen in the hands of the Japanese just now can buy 2 dog food! This is why appreciation is beneficial to import."

Su Su smiled and said, "Nice! Congratulations to Brother Qiang for answering the questions of kindergarten preschool classes! So on the other hand, the US dollar has depreciated compared with the yen, but the price reduction is indeed a big reward for export, and he sold two of the backlog of dog food at once."

Wang Qiang couldn't smile bitterly: "I thought I had graduated from the third grade of elementary school."

Su Su smiled and said, "Actually, Brother Qiang has another knowledge point in his preschool class. He was afraid that he would say too much before, so Brother Qiang couldn't remember it - that is, the appreciation of the yen is conducive to the United States' default on the debt! Or, when the United States wants to default on the debt, it will play the depreciation of the US dollar."

Wang Qiang browed: "Elementary school formulas are a little confused, so I'd better tell jokes directly!"

Su Su smiled and said, "Okay, for example, Brother Qiang has a friend who borrowed 1,000 yuan from you ten years ago, and then met again ten years later. Brother Qiang remembered to borrow money and asked him to repay the money. How much should he pay you back?"

Wang Qiang was angry and said, "My father really encountered such relatives who borrowed money. He just delayed it for more than ten years, and he really paid 1,000 yuan! He didn't bring any interest!"

Su Su smiled and said, "Brother Qiang is of course angry. The 1,000 yuan ten years ago is the same as the 1,000 yuan now? In terms of purchasing power, the currency has been depreciating over the past decade, and the money is not valuable. The 1,000 yuan ten years ago is equivalent to the 4,000 yuan now. That is to say, if it is strictly calculated based on the international currency exchange rate, he should pay your father 4,000 yuan! So he deducted your father 3,000 yuan."

Wang Qiang said angrily: "That's it! Although we ordinary people don't settle according to any international exchange rate, we don't pay the minimum interest, which makes people feel uncomfortable!"

Su Su smiled and said, "But international repayment not only counts interest, but also international exchange rates. So this is the case when the US dollar depreciates, or forces others to appreciate and pay back their debts. Do Brother Qiang understand?"

Wang Qiang suddenly realized: "Damn it! So it's that simple?"

Su Su smiled and said, "The world is full of knowledge. If you know the human relationships around you, isn't the same happenings in the international world?"

Wang Qiang was happy: "So this square agreement is obviously about killing pigs and stolen money! Moreover, Japan is an export country, and appreciation is not conducive to exports. Japan is tied up with a dog leash and cannot resist!"

Su Su smiled and said, "Don't just say that the United States is so vulgar, it has no master's style at all! This agreement is not good for Japan at all. Even in the eyes of Japan at that time, it was a godsend opportunity to solve the overheating of the domestic economy, so that Japan can acquire assets overseas in a crazy way! For Japanese citizens, the appreciation of the yen means a surge in purchasing power... So, some literary works describe Japan in that period in this way-"

"The Japanese, who have always been famous for their high savings rates and frugality, began to queue up in Ginza to buy LV bags. Everyone ignored the streets and used 10,000 yuan banknotes to block taxis. Before students graduated, companies came to recruit in groups, and prevented their salary for half a year. The nightclub meeting gifts were gold watches, and they used cash notes to wipe sweat..."

Wang Qiang said in shock: "Damn it! It turns out that Japan has been so generous! I am so impatient with this slut!

Su Su smiled and said, "Then in 1987, Mitsubishi bought the landmark building of New York, USA, the Lukeefeller Center. The American media said sadly that the Japanese bought the soul of the United States. At the same time, Sony bought the old Columbia Film Company in the United States. Then a Japanese rich man bought the Empire State Building. Then a joke circulated, a US Daxia, which was auctioned for 400 million yuan, and the Japanese were willing to win it additional 200 million yuan, just to break the Guinness World Record... The Americans during this period were completely shocked and exclaimed, "The United States was pushed to the auction table."
Chapter completed!