William of Black Eagle Bank, sitting in his delicate chair that can reinvigorate a man, looked down at the crowd of people shuttling in front of the bank through the huge floor-to-ceiling windows, looking for a familiar feeling.

"That little tramp has been doing a lot lately?" he took a puff on his cigar as he watched the ant-like crowd.

"Yes, recently President Woolsey of Yale College, publicly acknowledged that Doug Claydon was his student.

At the same time, Doug Claydon also released his second gameplay of the board game, "Boom", which together with the previous "Monopoly" formed "Monopoly".

When he returned to the factory, he was said to have been followed by 500 Yale students. According to the investigator's survey at the entrance of the Claydon Printing and Dyeing Factory, at least 213 Yale students followed him to the printing and dyeing factory. ”

The blonde female secretary is even a little deformed, and it is hard to believe that a secretary with such a stature can really do the work that a secretary needs to do.

William held a cigar in his left hand and exhaled blue-white smoke, pinched his elastic buttocks with his right hand, and said slowly, "So that little tramp has really become a character?"

"Yes. The blonde secretary let his boss's big hand wreak havoc on his body, and his voice remained unchanged and his face remained unchanged.

"His plan really made me a little bit of money...... Is it a talent?" said William, with a sinister smile on his face.

On the day Doug Claydon borrowed, he wrote a plan for a bank bill exchange system for the entire New England region.

There are more than 1,000 state banks in the United States that have the authority to issue bank bills, and there are no less than 700 in New England alone.

These state banks vary in strength and risk tolerance.

In a situation where it is impossible for all banks to be free of non-compliance, everyone is at risk of failing.

And once a bank goes bankrupt and fails, the bank notes issued by the bank are just scrap paper.

As a result, people who hold bank notes, especially smaller ones, are always restless.

However, the current monetary policy of the United States is the gold standard, and silver and copper coins are only auxiliary coins.

But neither the gold dollar itself, nor the silver and copper coins, nor the dollar coins, are too small compared to the size of the U.S. economy today.

State banks can issue bank bills to replace the metal dollar to some extent, which is also a compromise to avoid deflation.

But this compromise is risky......

Once a large number of bank note holders demand that the bank note be exchanged for metal dollars, the bank will go bankrupt.

However, this bankruptcy does not affect the government, because both the state and federal governments collect their taxes on behalf of the state banks.

After the state bank confirms that the amount is correct, it transfers the metal currency equivalent to the bank bill to the state and federal governments.

As a result, the risk is largely passed on to the general American masses and small business owners.

The American masses cannot resist the policy, but they are not stupid, in the actual process of circulating bank bills, in order to avoid risks, they will depreciate bank bills to different degrees according to the different risks of banks in different states, and exchange them into metal currency in the fastest time.

And the plan that Doug Claydon wrote down that day was a package of exchange for bank bills.

Compared to other state banks, because the New Haven Black Hawk Bank manages the Yale fund on its behalf, there are more reserves of metal currency.

The most important thing in finance is confidence!

Buying out idle bank notes issued by other state banks in the hands of ordinary people with metal money builds confidence in them.

Then, the metal dollar is replaced with a Black Hawk bank bill.

Then, if all goes well, Black Hawk will be able to make a profit on the spread while also mastering a larger issuance of silver bills, and perhaps one day monopolize the supply of bank bills throughout New England, which is equivalent to indirectly controlling the money supply.

Compared with the weak power of more than 700 state banks, a state bank that controls the money supply of the elite region of the United States can fight for benefits from the state and federal governments more forcefully.

Even......

It is possible to become a de facto central bank, with the right to issue currency in the name of the word.

Even if it doesn't go well, the large number of silver bills held by other banks in his hand will not be able to be exchanged, and the bank will fall into a run crisis. Black Hawk Banks can also use the status of large holders to preferentially exchange or provide short-term metal currency lending.

If it doesn't go well, the target bank that resolves the liquidity crisis is unable to repay the principal and interest on the loan, and can convert the debt into shares, giving Black Hawk de facto control of the state bank.

In William's view, Doug's plan was simply tailor-made for Black Hawk Bank.

There are some risks involved, but they are negligible compared to such objective return expectations.

Crucially, the entire program is full of milestones.

As long as a small portion is implemented, there will be a corresponding profit return, which also makes it easier for him to convince shareholders.

Therefore, the miserly William was moved and gave Doug a loan of seemingly large bank notes, but it was insignificant compared to the loan shark scheme.

After convincing the board of directors, he went out for weeks and finally built confidence in most of Connecticut's cities and villages to get through the most difficult process of exchanging metal money to Black Eagle bank notes.

The success of his career made his body stand up again in his early years because of the loss of over-indulging in adult games.

Radiant, he pressed the blonde female secretary against the huge floor-to-ceiling window, galloping and crudely across the horizon.

It's still daytime, so if the pedestrians in the river below look up slightly, it's not hard to spot the sight.

Merely......

People who have jobs are bent over by hard work and have no time to raise their heads, and those who do not have jobs are looking for ways to support their families and have no intention of raising their heads.

Perhaps, only those homeless people who have completely given up will occasionally look up to the sky.

"Carlton! She was one of the first female workers recruited by the little ghost. With her, our female worker training will definitely be much faster!"

Behind Thompson, who was in a happy shape, was followed by a restrained female worker wearing an apron and a blue collar.

"Sir...... You say...... Is it true that if I come to you, you will give me ten dollars?" asked the female tentatively.

"Really, of course, it's true! Carlton, look! how cheap! for ten dollars! We'll get everything that little devil has worked so hard to put together!"

"Thompson, don't be too happy. That kid's troubles have just begun, and you're all happy now. What's the next thing to be happy about?"

Alfred Carlton Gilbert said with everything under control.