＜ Giants entering. (3) >
“Master, we have sent all the answers to the steel companies’ requests. But how are we going to do business with Cargill?”
bailout committee.
The main task of the bailout was almost finished. James served as my secretary and followed me.
“Business with Cargill is a long-term project. We will not be able to harvest and accumulate supplies until next year or the end of this year, but I don’t know how many years it will take to secure the related infrastructure.”
‘You should not think about the magnificence of the 21st century.’
I’m not the only one who wants 21st century monsters in a giant tractor.
With the caterpillar developed by the New York Ordnance Bureau, the recent tractor industry is rapidly growing, so it is only at the level of subsidizing rice farming in relation to agricultural machinery.
However, even if that is enough, it can be cultivated much faster and more efficiently than the manual work of ordinary farmers.
relatively something to look out for.
“It’s a long-term investment. At first, it’s still just a memorandum of understanding for the exchange of shares.”
It’s okay to fail
He took a stake in the Great Plains of the United States.
Considering the things that can be done with this in the future, the failure of capital investment for the monopoly of rice is not a bad choice.
You should be prepared for failure.
In the future, dividends from the Bank of Japan will be poured out, and even if Cargill stumbles, I can save it with money.
“The US Department of Agriculture also said that it was dispatched to Hong Kong. The Department of Agriculture also said that the Qing Empire is a very attractive market. There were plenty of grain producing areas.”
If you do, you will eat in the Chinese market.
can’t eat? To acquire a stake in the Central Plains.
If you don’t have enough money, you can fill it up.
That’s all.
“More than that, I’ve heard American trusts keep coming in.”
“Yes, this is a list of current sales. Pennsylvania Railroad has acquired Japanese railroads for the supply chain Standard Oil wants.”
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Oil was taken from Standard Oil.
Since Japan was an oil importer rather than an oil exporter, Standard Oil was a supplier as a refiner.
The same goes for coal.
“What about shipping?”
“The merger and acquisition process is in progress. After that, we plan to go public through the Detroit Investment Bank to be listed on the New York Stock Exchange.”
“The fee would be salty.”
Shipping was sold to large shipping alliances in the United States, France, Belgium, Germany, and the Netherlands, including Qnard Shipping. Like general trading companies, it took over the dead small and medium-sized shipping companies and made them bigger.
I sold it for a higher price.
25% of the shares were held by us.
“The electric and telegraph field was taken from GE and AT&T. It was said that it was comfortable because it entered the Japanese electric and telegraph field in the first place.”
“Railroad right? Are all the existing railroads sold out?”
“Yeah, it’s almost finished. All we need to do is deregulate it directly from GHQ and pass the railroad law amendment bill from the Ministry of Postal Service in the Parliament.
“great.”
The chemical company Asano conglomerate was disbanded and DuPont swallowed it.
In addition, various heavy industry fields, promising projects, and national key projects were sold. For the supply of materials, the Tokyo Ordnance Bureau was established under the New York Ordnance Bureau, and branches were established at each military facility to establish a supply network.
The work of the bailout committee ends with this.
“James, we’re going to start preparing for the launch of the Central Banking Committee. Once this is completed, our plans in Japan are over.”
“Yes!”
“Set up a press conference room.”
“There is a fear that the mob will run rampant, so we will have the personnel on standby at Pinkerton.”
“I see.”
I nodded my head lightly.
Well, if we hear what we’re going to announce now, let’s say it’s going to be a frenzied festival atmosphere, let alone a mob, I’ve accepted it.
25% of Japan.
I don’t eat it all alone like a pig. We will choose the way to make friends rather than the business model of the East India Company.
This was the most effective way to protect their interests.
and.
In a few days, I will be a financial saint in Japan.
[Extension of the term of Vice Admiral Matsugata. The first to be listed on the GHQ’s Temporary Assembly and Cabinet Initiative.]
[Japan Settlement Bank, “A competent bureaucrat in lieu of the head of Matsugata. We will transplant advanced finance to Japan through him in the future.”]
[A large number of American companies entered the country. The unemployment rate is expected to fall further this year. Japan Settlement Bank, which upgraded the economic system.]
[The three companies Mitsui, Mitsubishi, and Sumitomo. Conducted large-scale public recruitment. Workers flocking in.]
[Japan is coming to life.]
– Asahi Shimbun.
“Isn’t he too young?”
Tokyo Pinkerton Detective Agency.
The newly opened Tokyo branch was buzzing with naughty figures in military uniforms. As Japan’s military was disbanded, almost all of its soldiers were dismissed from their posts.
There was no self-defense force yet.
Personnel from the disbanded military came in one after another.
“It is said that the military academy has been greatly reduced and young officers have lost a lot of jobs. But isn’t it a good thing for us? There are so many high-quality personnel.”
“Well. It’s an industry where sales increase as we get bigger.”
Pinkerton’s limit has been lifted.
Private police dispatch, service work, information spying, industrial espionage, security guard, assassination, lobbyist, etc.
When I entered Japan, there was no heaven.
“I was lucky to have been sent to the Detroit Director’s bodyguard.”
“Well, actually, I had my ears cut when we weren’t there.”
“Write. Shut up and divide the job into black and white jobs. High-level military personnel can be hired as lobbyists at the director level.”
“Yep, Governor. Inquiries from American Trusts are already in line.”
“Let’s row when the water comes. Let’s speed up. To arm the kids, we also bring in a lot of American weapons.”
“Yes!”
Tokyo Pinkerton Detective Agency.
The booming wave was already flowing.
***
“The merger and acquisition process of Mitsui Bank has been completed. Soon there will be a credit rating upgrade through the hedge fund’s credit rating department, and it will be promoted to a bank.”
“It was hard.”
Mitsui Bank Tokyo head office.
The presidents of Japanese general financial companies joined one after another. Mitsui Bank was directly swallowed up by the Bank of Japan Settlements, and James attended as an agent.
Mitsui Bank has become Japan’s largest financial company because it has grown in size through large-scale mergers and acquisitions by national banks.
A general meeting was held to establish the Central Banking Committee.
‘The Japan Settlement Bank swallows up the financial affairs of the Japanese archipelago, and Mitsui Bank is just a shell, so it is a financial monopoly in effect.’
However, that does not mean that other financial institutions are small. Mitsui Bank is just abnormally large.
In particular, in the case of foreign exchange business, it has established itself as the only foreign exchange trading bank through the merger with Yokohama Securities Co., Ltd.
Mitsui family?
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Of course it was decomposed. Zaibatsu was disbanded.
“Thanks for your gathering. Today’s convening is nothing but a call to check the financial situation in Japan before the upcoming establishment of the Central Banking Committee.”
The current situation of Japanese finance tightened through the bailout committee. First of all, the majority of representatives of Japanese money companies were Japanese. The direct lines of the Japan Settlement Bank were all white. Of course, white people don’t go out in public, and they have a Japanese barge boss.
Thus, the meeting room was formed with a strange composition. In particular, white people looked at them as something other than people.
“What do you mean by financial status?”
Shibusawa H.
He took hold of the Japanese financial industry and survived the bankruptcy of the First National Bank. The financial industry in Japan was in need of him because he did not have one or two financial affairs that he was involved in.
Fear coexisted on his somewhat liberated face.
“First of all, the current state of interest rates. We raised the interest rate to 15% for fiscal tightening, but we want to see how market interest rates are being reflected.”
“…..Governor Morgan. Even solid banks have been relegated to general financial institutions, so the interest rate on bank deposits is approaching 30%. In the case of loan interest, it most often starts at 40%.”
killer interest rates.
However, the Japanese settlement bank was at the top of the debt, and in the end, Japanese corporations were swallowed up by us in large quantities.
But interest rates also take a toll on bonds.
“Isn’t the bond discount rate huge?”
“Bond prices are nearing bottom. Japan’s own credit rating has also plummeted, and the discount rate has increased due to the increase in the key interest rate, which has led to a decline.”
Bonds fall in value when interest rates rise.
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Of course.
The interest rate on bonds is fixed.
When interest rates rise, the bank’s interest rate immediately rises higher, and there is no reason to invest in bonds.
“Currently, in the Japanese financial market, there are only two banks in the first financial sector. Japan Settlement Bank and Mitsui Bank. The rest are all secondary financial institutions.”
Thanks for playing
Thanks to the monopoly of finance, the gap between the rich and the poor was growing exponentially.
Mitsui Bank. Japan Settlement Bank monopolistic system.
It was virtually the same bank, so it was almost a direct monopoly.
‘It’s practically an American company.’
In the beginning, there were no Japanese companies in the current Japanese sense, at least among the blue-chip companies. The same goes for small businesses.
All are owned by US corporations.
To be precise, it was owned by overseas corporations including the United States, but the proportion of American corporations was overwhelming.
In other words, since it is our company now, we need to loosen the regulations.
It’s a state of squeezing our necks.
“In the future, we plan to re-apply credit ratings sequentially, and are considering promotion of financial institutions to the No. 1 financial position.”
“Really?”
The directors of Jonggeumsa, who were sitting there, spoke my words and their eyes twinkled. How long have you suffered under the bailout committee? I felt like I was being rewarded for my hard work.
‘Of course, only a small number of people who are pro-American should be carefully selected. In particular, as a modest bank that does not rebel against the Japanese Settlement Bank.’
The reason for the release is simple.
This is because, when the Japanese economy revives, the profits from mergers and acquisitions can be maximized.
The collar was also tight.
As soon as they took out foreign currency loans from money brokers, Japanese money brokers would go bankrupt one after another.
“How about? You’re going to get another credit review.”
“Of course I agree!”
The Japanese goldsmiths rose like a flock of dogs.
***
[Mitsui, Mitsubishi, and Sumitomo Banks get out of the swamp of secondary finance. The era of the first finance has arrived.]
[Japanese finance showing rapid recovery. The East Asian dragon is ready to raise its head again.]
[The Bank of Japan Settlements, ‘There will be a major announcement today. A watershed for Japan’s future is about to come.’]
[Instead of Admiral Matsugata, ‘Japan will be reborn today.’]
– Asahi Shimbun.
bang.
“Japan is entering a new era.”
Tokyo.
The plaza of the former main headquarters building.
A large Japanese crowd gathered, and financial figures listened to our announcement.
I made this podium for an important presentation as the president of the bailout committee.
I was alone on the podium in a black suit, and I was thoroughly protected under the guard of Tokyo Pinkerton.
murmur murmur.
A square with thousands of crowds. People’s eyes were focused on me.
“In the meantime, Japan has been stuck in a big pit and couldn’t get out of it. Zaibatsu pushed Japan’s finances backwards like hyenas, and the Japanese military was receiving bribes from these zaibatsu to provide government finance.”
“In the retreating financial world, the concept of credit ratings did not exist, and all work was being done on a whim. This created a big hole in Japanese finance, which eventually collapsed together with the peso shock.”
“The Japanese military ran rampant, but the free U.S. suppressed them, and we are working hard today to normalize the weakened Japanese national security. Japan’s economy has been floating in the open sea with no vision in the dark.”
“But don’t worry now. We, the Bank of Japan Settlements and the Bailout Committee, just finished preparations yesterday for the heyday of the Japanese economy.”
let me wave my hand
The eyes of the Japanese people were hot. As the Japanese financial circles did not receive any comments about this measure, they took the Asahi Shimbun in their hands and listened to my announcement.
“The Central Bank Committee is officially launched today under the supervision of the Bank of Japan for Settlements.”
“The Central Bank Committee pledges to move for a virtuous cycle of the Japanese economy as an independent financial institution with the investment of private banks, led by Mitsui Bank, Sumitomo Bank, and Mitsubishi Bank.”
“As an independent financial institution, the Central Banking Commission has its own rights and is free from the influence of any corrupt powers in carrying out its policies.”
“The members of the Central Banking Committee are appointed directly by the Prime Minister with the approval of Parliament.”
Complete separation of central banks.
The Bank of Japan Settlements is a top-level institution in the Japanese financial industry that can make decisions that are much broader than the Federal Reserve system of its origins.
In addition, considering the fact that the Japanese government is not free from the influence of the US government, it was in a position to absolutely follow the decisions of the US government.
More precisely, the Japanese government, which has completely eroded capital, cannot escape the grasp of me and the Japan Settlement Bank.
This is because the Japan Settlement Bank has already merged with the Japanese economy by 25%.
virtually.
being a foreman.
body department.
It was the Department of Agriculture.
“The Interim Central Bank Chairman was appointed by Detroit Morgan with the approval of the GHQ yesterday. As this is a temporary chairmanship, there is no specific deadline, and I promise to do my best for Japan’s economic development.”
GHQ.
Commander MacArthur came out of the dungeon below the podium and met their eyes. He smiled brightly and clapped. He was already called the blue-eyed shogun in Japanese society and wielded the parliament. It was Douglas’s father, so he swung it more relentlessly. under my advice.
He pretended to be a whip and drove me to wield a carrot. And now I am ready to wield the carrot.
– Wow!!!
As the president of the Bank of Japan for Settlements and the Bailout Committee, I was at the peak of popularity among Japanese people.
caught the price of rice.
With this one word, all was forgiven.
And today I will put the final wedge in the Japanese economy by breathing life into it.
“Then I will announce the policy of the Central Banking Committee.”
silence.
Everyone held their breath and looked at my lips. Every word that comes out of my mouth will determine the direction of the Japanese economy.
“With the cooperation of Standard Oil and Branovel and Cell Oil Company, the current international oil and coal market is entering the era of zero dollars.”
“The era of low oil prices. The era of low coal. As the prices of all energy sources for logistics and movement are reduced, rail and transportation are expected to see a boom in the future. The era of low fares has arrived.”
“The Central Banking Committee will set up a mechanism to purchase the assets of shipping companies and railroad companies, and will implement maximum support policies and deregulation policies in the transportation market to spur the era of low oil prices. In addition, policies to stimulate the economy We are planning to release these, and we will greatly ease regulations on credit ratings.”
low oil price.
The first button was released.
There is still little response. In fact, in order to feel the boom in the transportation industry, the common people had to experience a price cut due to the substantially lowered logistics before they could feel it.
“Secondly, we will restore the gold standard system. Starting today, the Central Banking Committee will implement the gold ban and convertibility will operate normally.”
– Whoaah!!!
– Tenno Heika Banzai!
– President Morgan Banzai! Banzai!
A fierce cheer erupted.
The Japanese people began to be frantically excited as if Japan had revived at my words of returning to the gold standard.
The people gathered in the square are quite educated intellectuals even in Tokyo. Of course, I knew how necessary the gold standard system was.
He knew it was a way to hold onto the leash of Japan’s collapsing economy.
economy is revived
The Japanese financial industry could also see a blazing fire in their eyes.
“The exchange rate of the yen with the dollar will be corrected. The exchange rate of 2:1 will be fixed at the exchange rate of the depreciation of the yen by 3:1. The Japanese people will welcome the era of the yen from today.”
“With the depreciation of the yen, Japan’s trade balance is expected to turn into a surplus in the long run, and it will be able to secure price competitiveness as a manufacturing industry.”
Low Yen (Yen).
The second button was released.
When the yen depreciates, goods can be manufactured at a lower price than other countries. In addition, a large number of new technologies from the United States are expected to be introduced.
If mass production is achieved at low cost with new technology, Japanese industry will continue to grow like crazy.
It even lifted the protection measures for workers’ wages.
The price competitiveness will be huge.
Except for the US trade network.
‘Peace achieved with low yen. The Plaza Agreement can be broken with an axe.’
Plaza Agreement.
It is the yen policy that triggered Japan’s lost 20 years.
So, in the end, the yen was nothing more than a leash held by the US. The moment the Central Banking Committee changes its policy toward the yen and appreciates the yen, Japan’s trade balance will be shattered.
Is the gold standard a fixed exchange rate?
That doesn’t work when Japan was a quasi-power, or when it was an economic colony of the United States.
A thorough marionette.
The reaction of the Japanese people below the podium was truly explosive. I was happy, inflated with the delusion that I could now get out of this panic.
-uh? for a moment. Didn’t I say that it was freedom of shipping earlier?
-If shipping regulations are abolished…
– Maritime blockade is lifted!!!
They soon realized.
The true meaning of the words of the full opening of shipping and transportation and the deregulation. The Central Banking Commission has declared.
The end of the maritime blockade.
A fanatical madness began to explode among the crowd.
– aah!!!
– Morgan! Morgan! Morgan!
-You do a much better job than the Great General!!!
I smiled at their reaction.
widely.
“Finally.”
sup.
I took a deep breath. The eyes of the Japanese people were focused on me. They were waiting for my lips to open with hot eyes.
And I.
It’s the best gift for them.
To refresh the breath of those who have been oppressed so far. The American corporations that have entered Japan can roar of joy.
the most powerful.
He put in his mouth a special move that could heighten public opinion the most.
Why did you lower the gold standard exchange rate?
Because of this.
“The Central Banking Committee will cut the base rate from 15% to 10% sequentially by the end of this year. If the impact of stimulus is insufficient, it is willing to cut it further to 5%.”
silence.
The suffocating silence and the burning heat of madness spread. The Japanese people doubted what they were hearing now.
Are you going to cut interest rates by 5% by the end of this year?
The officers of the General Department also slowly lifted their buttocks from their seats and stood up. Captain Matsugata opened his eyes and looked up at me.
everyone stopped
was astonished
A scorching heat rose from within.
-Wow…..
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One exhaled.
Then, like a tumbler, the screams of madness began to shake the plaza of the main headquarters.
– Whoaah!!!
-Woo good!!!
-Waah!!! Wow!!!
roar and madness.
The Japanese people shed tears and embraced each other as the hardships of the past passed by in a panorama like a lantern. The bureaucrats of the Great Wall threw their hats up and began to go mad as they chanted the Central Banking Committee at the sabung.
– IU (Hero)!!! IU (Hero)!!!
– Morgan!!! Morgan!!! Morgan!!!
-Waah!!! aww!!!
like that.
As the backbone of Japan, a wedge called the Central Banking Committee was placed. instilled trust. Now, when the results are drawn, the authority and public opinion of the Central Banking Committee will be strengthened.
Capital was encroaching upon the country of Japan.
low interest rates.
The third button is released.
I held onto the podium tightly and spoke softly towards the bottom of the podium.
“Japanese people, please be happy.”
rejoice
“Now, this is the beginning of the third low boom.”
Welcome to the greatest boom of all time.
Another homeland of mine.
America.
Thereby.
What is Japan’s economic reform planned?
America’s second western frontier.
The boom in my bank account.
put the curtain on it
＜ Giants entering. (3) > end
