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Almost every economic crisis has a solution.
And smart people know how to fix it.
The reason for not doing it is simple.
Because someone is bound to lose.
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Moving in the direction of resolving the economic crisis is a rational action for society, but may be irrational for individuals.
The so-called prisoner’s dilemma.
In the case of Russia, Ogas runs the program and coolly kills the person to be killed and saves the person to be saved. Of course, compensation is also set for that.
Should it be called a planned economy system that simulates the global financial flow through overwhelming information and computational power?
To this end, Ogas does everything from legitimate information gathering to wiretapping and malicious code. Whether it’s an operational force or whatever, a group will hold a meeting, and even as an individual, it is impossible to start without showing any movement. It is an added bonus to prevent the crowd from swaying by using press guidelines, etc.
However, although they may deny themselves, it cannot be denied that this is an economic policy that smells a lot more red than capitalist policy. Clearly, all economic policies have limitations and sometimes lead to backlash. While minimizing it, the backlash that will surely follow is to suppress the backlash by pressure with state power in the short term, and to resolve it through bailouts in the long run.
On the other hand, while the United States maintains a classical economic system, which guarantees a very high degree of freedom, it was difficult to respond to such a situation.
“If you come and sweep Wall Street, your business will be paralyzed. And the panic cell will begin, and the American economy will be thrown into hell forever!”
It is not that the dollar has no substitute, and obviously there was an alternative called the ruble.
If the protesters’ demands are granted this time, the United States may even lose its status as a key currency issuer.
This could mean not only the loss of the US dollar’s hegemony, but also the decline of the US itself.
“Treasurer! If you can’t calm the citizens, you may have to think about civil war! Does Wall Street Matter Now Or Does America Matter? Are you going to put all the achievements of President Lincoln in vain?”
“It’s good to hit Wall Street to get people’s anger out, it’s good! At the very least, I feel like I want to shoot those bastards who threw a bonus party right now because they said they were borrowing money from Russia and printing extra dollars to bail out the treasury!”
The currency exchange ratio between the US and Russia is fixed at 1:1 through the Hilton agreement. Therefore, the two governments work closely together to carefully adjust the issuance of the dollar and ruble to try to fix the real exchange rate between the two countries at one-to-one.
It was also a gentleman’s agreement between the two countries. But the United States broke this first, and Russia ran down the road, saying that it would devalue the dollar immediately. This is because if there is a discrepancy between the market exchange rate and the nominal exchange rate, either party suffers a huge loss.
The two governments had promised not to print even a dollar or a ruble without consultation, so if the Russian side freely breaks this agreement because the US did it first, the US government will suffer in the long run.
In the end, this bailout was given by the Secretary of State directly to Kyiv to have a meeting, and not only to make various diplomatic concessions, but also to raise interest rates in the market to recover more than the amount printed in the near future. situation in which it was obtained.
However, the fact that the fact that the fact that the money trembled as a bonus party trembled because of quantitative easing and bailouts while giving helicopter money hit the front page of the Washington Post makes me want to throw it all away and set fire to Wall Street It was the honest feelings of the people present.
“I don’t want to care if they burn up Wall Street or not. But what will happen to the stock market?”
Whether it’s domestic or foreign investors, whether Wall Street burns down, chaos erupts to the point where key figures are murdered, or major entrepreneurs face prison terms, at least every company hit head-on will think ‘without a future’.
No, at least in the short term, it will go downhill.
We barely defended the fall of the stock price, but if it goes down further, then we will be able to prevent the collapse of economic indicators only by releasing several or tens of times more money and using more radical policies.
But is that possible? Putting aside everything else, if you say you give more money to those who have had a history, the angry people will set the White House on fire. will go into the system.
Either way, it’s fatal.
Because this was almost like a declaration that Russia would give up the Pax Russ-Americana that Russia would go with the United States and go to an independent system. It was like cutting a knife into the stock market once more.
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Moreover, the company was already in a strong moral hazard. Until now, American companies have been negligent in managing their finances because the government gives them money if they think they are going to go bankrupt.
Even when money overflows from the boom, they do not manage the crisis, give bonuses to executives and employees, and buy treasury stocks, but if they want to risk it, they take the stock market and jobs hostage and make money by taking the stock market and jobs hostage.
And if the interest rate is not raised early to collect cash, Russia will unconditionally liquidate the existing agreement with the cause already in hand, and raising the interest rate to collect cash freezes the economy.
Even if Russia makes a bigger concession – whatever it is – to prolong Russia’s patience, if the dollar it has printed so far begins to leave the asset market and begin to influence the consumer market, then it is foreseen that the inflation will be devastating. In the worst case, hyperinflation could be beaten and the dollar could become a piece of paper.
In the case of Russia, it is difficult to imagine that the ruble will become a complete piece of trash, but in the case of Russia, it is impossible to imagine that the ruble would become a complete wasteland, as it can use a kind of quasi-petroleum system, which has established a system in which oil, which is still one of the core resources, is settled entirely in rubles, although it is not as good as its original history. .
If Russia, not seeing inflation, withdraws its currency peg with the US, then it would literally lose half of the US dollar’s credit.
The credibility of the dollar and ruble is almost dependent on the national power of the United States and Russia, and the military power of the two superpowers representing mankind, to the extent that some say half-jokingly and half-seriously that they are based on the nuclear standard.
The Hilton agreement also meant that they guaranteed each other’s monetary value to curb the arms race between Russia and the United States and prevent World War III in the midst of the Cold War.
If you simply think about the future of the country, it is right to suppress the protesters.
However, it is also true that if you think about what the basic ideology of the United States is, it is also true that you are reluctant to touch those protesters. Because their anger is clearly justified.
Therefore, it is equally difficult to choose either one.
“It is a situation that is difficult for even the National Guard to deal with. The federal army should be deployed…”
“Are you saying that the federal forces should operate in the United States?”
“It is not unprecedented.”
Of course, this is by no means a good precedent.
“If you send in the federal forces, that riot will turn into a full-fledged rebellion!”
“How are the governors acting?”
“Depending on the state, there are those who oppose the repression, and there are those who actively deployed the National Guard.”
“Whoa…”
The fundamental problem was how the United States came to be like this, and in retrospect, it failed to stop the specter of runaway capitalism.
It was the end of laissez-faire.
“We request increased security for major facilities in Washington DC.”
“I approve.”
***
The M1A3 ‘MacArthur’ main battle tank appeared over DC’s boulevard.
As the signal that the tanks appeared on the main street, the federal army began to enter the city in earnest. U.S. federal infantry armed with MCX rifles were vigilantly vigilant.
But they didn’t know.
The real thing to watch out for isn’t DC’s furious citizens.
***
NORAD, Cheyenne Mountain.
The eyes of the soldiers guarding the entrance to the command center of the Cheyenne Mountain Base met.
The man with meaningful eyes looked at the soldier next to him and clasped and opened his hand.
Five minutes have passed since then.
Their eyes met, and their heads nodded.
Then, the soldiers who unloaded their rifles unfastened the safety device and started aiming fire.
-bang! Tatatang!
-Tata tata tang!
The staff were taken aback by the sudden shooting, but in the first place, there were not only two enemies.
A few other soldiers also pulled out their guns and started pouring at the staff.
Although they could not hear it, grenades exploded at some point in the barracks of the underground bunker, and the resting soldiers were swept away.
It was a simultaneous raid, no, it was a rebellion.
The soldiers, who roughly dragged the corpses of the staff members who had become beehives, quickly shut off some entrances, while others quickly took out activation cards from the bodies of the fallen staff.
“The password is… here.”
The soldier who came with the note that had been attached to the door was typing at high speed.
“Damn, Harry, you need to read this long, where’s the person in charge?”
Then a soldier named Harry dragged a corpse, wiped his hands roughly, and placed it on the recognizer.
The cross-verification request went up immediately with the authentication confirmation signal.
“The comrades in Vandenberg should have done well.”
“I have a plan B too, so don’t worry too much, comrade.”
After a while, a signal indicating that it was authenticated appeared.
“done. System hijacking complete.”
“What is the satellite arrangement? How long will it take?”
“90 minutes.”
He hurriedly spit out a swear word.
“In 90 minutes, they will melt the door and there will be more left.”
“Let’s see if we can shorten it.”
“Whether the satellite is broken or not, you only need to be able to fire one shot properly! Damn, what are you going to do when there’s a war when you’re so slow?”
***
White House, Washington DC
“Sir, you must go to the bunker immediately!”
“What’s going on?”
“It is unclear whether it was an invasion or a rebellion in NORAD, but we lost control of the control room and key facilities. And they say the attackers got their hands on Excalibur!”
“What?”
“The Excalibur control system has been taken over.”
“Can’t Excalibur fire without prior approval? Wasn’t the degree of position adjustment the maximum?”
“It is… that… not necessarily so.”
“What do you mean?”
“In an emergency, if the Pentagon and the White House were destroyed by nuclear war, and the Pentagon and the White House do not respond for a certain period of time to prevent a counterattack, all weapons of mass destruction activate the Deadman Switch, and the right to fire is transferred to the front-line commander. If they artificially destroy or disrupt the multi-communication system of Cheyenne Bunker, they can fire.”
“Where are you aiming?”
“I’m tracking you from the radar base…”
“Order Houston’s satellite launch team, use the space gun to shoot down the Excalibur satellite right now and stop the fire!”
“All right. Your Excellency.”