Vol 5 Chapter 102: Quan Te Niang is a lie

Pound to mark, 2.7749.
　　
　　 GBP to USD, 1.9250.
　　
　　 Robin Leigh Pemberton looked at the blood-red screen of Reuters, and the muscles in the corners of his eyes were constantly jumping wildly.
　　
　　 In just ten minutes, large-scale sell-offs occurred in the Asian, London, and American markets. With the continuous impact of these funds in the spot market and futures markets, the pound depreciated by more than 5%.
　　
　　 And the one billion pounds invested by the Bank of England is like sand sprinkled in the sea, without even a single wave.
　　
　　 This is a very dangerous sign. If the pound cannot be brought back to the floating track of the exchange rate mechanism in a short period of time, according to the rules of the exchange rate mechanism, the pound will be withdrawn from the European Community.
　　
　　 "Lausman. How much money do we have."
　　
　　 "There are only four billion left."
　　
　　 "Damn it. Call Kang Dingsou immediately and ask him what he is doing and why there is no movement."
　　
　　 "......"
　　
　　Hong Kong, Financial Secretary.
　　
　　 An emergency meeting of the highest standard is being held.
　　
The current Financial Secretary Raymon Harry Anning sits at the top. In the first two positions on his left and right sides are the Deputy Secretary of the Financial Secretary Huo Du, the President of the Monetary Authority Murray MacLehose, and the Director of the Banking Supervision Office William Deborah. And DavidCliveWilson.
　　
　　 The five people sitting next to each other were some Chinese officials of the Financial Secretary and the heads of departments such as the Foreign Exchange Administration.
　　
"Director Yan. I do not agree with your opinion. According to the regulations of the Banking Industry and the Administration of Foreign Exchange, the Hong Kong dollar is pegged to the U.S. dollar. The HKMA has no obligation to buy the pound sterling, nor can it buy the pound sterling. Once the pound depreciation exceeds our expectations, This may severely impact the Hong Kong economy and even trigger a systemic financial crisis."
　　
　　 "I agree with Mr. Luo's opinion that the stability of the exchange rate of the Hong Kong dollar is a prerequisite for the HKMA to insist on the issuance of equivalent U.S. dollars. If the Hong Kong government buys the pound sterling and causes an imbalance between the stock of U.S. dollars and the issued Hong Kong dollar, we may not be able to guarantee the safety of the Hong Kong dollar."
　　
　　 "......"
　　
　　 Listening to the rebuttals of the Chinese supervisors and consultants present, Yan Liguo, Raymon Harry Anning, who was the first one, couldn't help raising his eyebrows.
　　
　　 "Luo. Can you pour me a cup of coffee?"
　　
　　 Pour coffee?
　　
　　 Luo Jiaren, who was sitting in the fourth position on the right, couldn't help but stunned. Yan Liguo's request was almost endless. When is it, he is still drinking coffee.
　　
　　 But then, his face rose red, a kind of spiritual humiliation, making his eyes burst into flames and hate.
　　
　　Before coming to Hong Kong, Raymon Harry Anning served as a deputy in the Northern Ireland Office, mainly in charge of economic research. Later, he returned to London and entered MI5 directly. After coming to Hong Kong, he first served as the Director of Housing and then transferred to the Financial Secretary.
　　
　　 Stable exchange rate is one of the prerequisites for economic development.
　　
With a professional background in finance, as the Financial Secretary, Raymon Harry Anning could not fail to understand this truth, but he did not mention the consequences of using the US dollar reserve of the Monetary Authority to buy the pound sterling, or even if Hong Kong faced How to deal with the crisis.
　　
　　 humiliation.
　　
　　 This is simply naked insult and contempt!
　　
　　 Although, Yan Liguo's tone sounds very gentle and polite.
　　
　　 But with the bland expression on his face and the ease of raising his eyebrows, he didn't feel that this incident would have any serious consequences.
　　
　　 As a native of Hong Kong, Luo Jiaren was immediately angry.
　　
　　 "Director Yan. Don’t you know what this might mean? Once we buy a large amount of pounds and lose money, it will cause a lot of loss of U.S. dollars, which is likely to cause security issues for Hong Kong dollars,",
　　
　　 Us?
　　
　　 What does this have to do with us.
　　
　　 Yan Liguo glanced at Luo Jiaren like an idiot, his eyes full of irony.
　　
　　 "Luo. What am I going to do, do I still listen to your arrangements? Listen, this is what London means, and it is also what the Governor means. Now, go and pour me a cup of coffee. Come right now!"
　　
　　 "......"
　　
　　 It was like being slapped severely on the face by someone, Luo Jiaren's complexion was blue and red, and even the muscles of the corners of his mouth twitched for a long time.
　　
　　He is a professor of economics, but he is actually instigated like a hotel servant.
　　
　　 But Luo Jiaren couldn't say a word.
　　
　　 Up to now, he still doesn't understand. These British guys have never thought about the consequences if the Hong Kong dollar is in crisis.
　　
　　 No wonder the people from the Chief Secretary will also come, no wonder these guys are not anxious at all, and their feelings are not really going to listen to their suggestions.
　　
　　 It is meaningless to say more. Since it means London, even the Governor's order has come, and it is no longer possible to change it.
　　
　　 Angrily glanced at several British people headed by Yan Liguo, Luo Jiaren showed unabashed sarcasm and mockery on his face.
　　
　　 "Then the matter should be notified to the public. According to Mr. Governor's proposal, the public has the right to know the truth."
　　
　　 Two years ago, under the reform of the Chief Secretary, the Legislative Council passed the "Hong Kong Bill of Rights", and a month ago, Hong Kong Governor Kang Dingsou also issued his first policy address.
　　
　　 The report mentions the political reform plan, indicating that the electoral system of the Legislative Council will be reformed. In addition to the "separation of the two councils", all appointed seats will be cancelled and nine functional constituency seats will be added.
　　
　　According to all bills, Hong Kong residents naturally have the right to know about such a big matter.
　　
　　 But... how can this kind of people let those lowly people know.
　　
Snapped--
　　
　　 Seeing the mocking look on Luo Jiaren's face, RaymonHarryAnning slapped him the table.
　　
"Luo. Do you know what you are talking about? You are also a professor of finance. You should understand the transmission mechanism. If the pound loses its value, it is likely that the crisis will be transmitted to Hong Kong through the influence of the economic transmission mechanism. This is not The problem of a country or region is the economic security of the world. Is there anything wrong with me doing this?"
　　
　　 fart your mother.
　　
　　 As a professor of economics and finance, Luo Jiaren is very clear that these words by Yan Liguo are simply changing concepts.
　　
　　The mechanism is correct, but in fact, with the spread of the European financial crisis, capital has been flowing into the Asian market, and Hong Kong has benefited from it.
　　
　　 Yan Liguo said that, he was basically afraid of being caught by him, and used it to exaggerate the facts to cause the secret exchange concept to confuse the audience.
　　
　　 But what's the point of refuting?
　　
　　 sarcastically glanced at Yan Liguo, Luo Jiaren carried out the recently implemented bill.
　　
　　 "I also proposed in accordance with the bill. What's wrong?"
　　
　　 "......"
　　
　　Slaps are not like that.
　　
　　 Suddenly, Yan Liguo stared in anger.
　　
　　 "Asshole. Don't think I don't know what you are thinking. Now, you are fired. Listen clearly, you are fired. Get out of here now."
　　
　　"..."
　　
　　 Dismissal?
　　
　　 Luo Jiaren laughed at himself.
　　
When the "Hong Kong Bill of Rights" was passed by the Legislative Council, he thought that Hong Kong people would no longer have to be oppressed and exploited as before. However, as the activities of community organizations have become more and more rampant in recent years, he can understand it. Everything that the Brits have made has a different purpose.
　　
　　 Fortunately, he took the lead in approving these bills.
　　
　　What human rights, democracy, and voting rights~EbookFREE.me~ Quan Te Niang is a lie. Facts have proved that on the whole land, the ceiling of Hong Kong people is not even as high as a thatched hut.
　　
　　 Dismiss me?
　　
　　 sarcastically glanced at Yan Liguo who was so angry that Luo Jiaren stood up and adjusted his clothes.
　　
　　 "Dear foreigners. Goodbye. But I believe that one day I will come back and continue to work, but you, I am afraid that you will be laid off in a few years. I hope you can still find a good job by then."
　　
　　 "......"
　　
　　 "Damn bastard!"
　　
　　 "......"
　　
　　 "Who else opposes?"
　　
　　 "......"
　　
　　 Luo Jiaren has left, Yan Liguo glanced hard at all the Chinese people present.
　　
　　 No one answered.
　　
　　 All faces are low, no one can see their expressions, or they are annoyed, or ashamed, or indifferent or bitterly hated.
　　
　　 But these are not important anymore.
　　
　　 At least, for Yan Liguo, it is not important.
　　
　　His term of office is about to end in one year. No matter what happens, as long as he is transferred away, he can return to China and be conferred a baron by the Queen. Hong Kong, it’s his business.
　　
　　The important thing is that now we can help the country share some pressure.