Chapter 424, back the pot, you are voluntary, right?
Bowan walked over to Nathan Rothschild with Jérôme, and he greeted Rothschild affectionately: "Hey, Nathan, it's good for you to come." ”
"Ah, Monsieur Beauwon, I think there is not a banker in all of Europe who can resist your call." Nathan Rothschild also replied in an exaggerated tone.
"Well, Nathan, I'll introduce you to a friend. This is our new Supervisor of the Bank of Rome, Mr. Andrea Pizarro. Bowan said to Nathan Rothschild.
André Pizarro is, of course, Jérôme's pseudonym. Neither Joseph nor Napoleon wanted him to go around with the surname "Bonaparte". So now at the Bank of Rome, there are not many people who really know Jérôme's identity.
"Hello, Mr. Rothschild." Jérôme said.
"Hello, Mr. Pizarro, you are really young and promising." Although Nathan Rothschild doesn't know Jérôme's specific identity, but seeing that he can become a supervisor of the Bank of Rome at such a young age, then either he is really very good, or his family is very well-off, so this kind of compliment that does not require money is naturally to be said in passing.
"Nathan, if there's nothing to do, let's go over there and sit down." Mr. Bowang said.
Nathan Rothschild knew that Beauwan might have something important to talk to him, so he nodded to the few people next to him and said, "Gentlemen, I'll be out of company for a moment." Then he said to his wife, "Emma, walk around here by yourself, I have something to talk about with Mr. Beauwon." ”
So the three of them left the back garden and entered a small living room. As everyone sat down on the couch, Mr. Beauwan reached out as if to take something on the coffee table, but he didn't take anything in the end, but withdrew his empty hand.
"Bowang is a smoker, and he has cigars on his coffee table. He habitually wanted to get a cigar, but gave up. Mr. Beauwan is not a man who is particularly willing to take care of others. So how does he ...... I'm afraid this Pizarro's identity is really unusual. Nathan Rothschild thought.
"Nathan, what do you think of those railroad stocks right now?" Mr. Beauwang asked bluntly.
This is not an easy question to answer. As a brilliant banker, Nathan Rothschild knew that the stock prices of all railway companies, including Railways de France, were clearly too high. In terms of price-earnings ratios, the price-earnings ratios of these companies are generally very high, and even the shares of the "French railway company", which is the least problematic among them, have a price per share divided by a profit per share, which is as high as more than 200. In other words, if you buy this kind of stock, if you expect to rely on the dividends of the stock to recoup the cost, you will have to wait at least 200 years. With this money, even the bank is better than this. So today's railway stocks are completely hyped up and cheated money.
At this point, this question is not difficult to answer. But at this time, it is worth pondering what Mr. Bowang means by raising this question, is it that Mr. Bowang is indicating that he is ready to make another move and short the stock market? This is a big move, and if Monsieur Beauvan, nay, if the Bank of Rome starts shorting the railroads, then a total collapse of railway stocks in the whole of France, the whole of Europe, is almost certain. When the time comes, the corpses of countless investors will be filled with the Seine (Paris), the Main and the Rhine (Frankfurt). Even on the Thames, there are probably corpses.
If Roma were a bank like Rothschild, Nathan Rothschild would not hesitate to reply: "Yes, the stock price is indeed too high, full of bubbles, and now is a good time to go short." ”
But the Bank of Rome is not an ordinary commercial bank, it is a central bank, which means that it has a huge power that other banks do not have, but it also has baggage that other banks do not need to take care of. It must be responsible for the economic situation in France as a whole.
If the whole railroad stock crashes, maybe, no, it should be said that it will definitely affect other aspects, and then if it is not done well, it will be a big depression. Then, isn't that a big problem?
So Rothschild thought about it, and then said: "The heat of railway stocks is indeed too high, and it needs to be cooled down slowly." Otherwise, there is a real danger of collapse. However, it is very difficult to let it cool down slowly. ”
Rothschild's meaning was relatively subtle, and he felt that he had probably grasped the meaning of the Bank of Rome, that is, the Bank of Rome hoped that he could join forces with the Bank of Rome to slowly bring down the craze.
Rothschild's meaning, Jérôme did not understand at all, he could only try to memorize what everyone said, and then go back to listen to Joseph interpret it to him.
"Mr. Rothschild, you also know that this bubble is very large, and it is almost impossible to let it go down slowly, at least technically." Mr. Bowang shook his head.
Rothschild pondered, and it was clear from what Mr. Beauvang had just said that he and the Bank of Rome behind him did not intend to quietly eliminate the crisis, and perhaps even intend to initiate it on its own initiative. But what good is it for them to provoke a crisis?
Thinking like this, a small spark suddenly jumped out of Rothschild's head, just as Athena, who was heavily armed, jumped out of Zeus's head:
"Technically it is really difficult, if not impossible, to avoid a crash. Forcibly violating the laws of the market is certainly a thankless loss, so why not let the crisis erupt? As long as other countries lose more in the crisis than France, the results are not unacceptable, and even if handled well, although the problem is France's problem, the consequences can be borne by other countries...... That's probably what they're really aiming for. Rothschild thought of this, and then another question came to mind, that is: "What is the purpose of Bowang telling me this?" ”
Rothschild's help is indeed needed to keep the bubble from bursting and to make it shrink in a controlled manner, but to puncture the bubble and make it explode, it is completely a matter of going with the flow for the Bank of Rome, and it is not difficult at all. Rothschild's cooperation was not needed at all. Even, to be serious, in today's situation, the power of Rothschild Bank alone is enough to detonate this big bubble, not to mention the behemoth of the Bank of Rome. One of the reasons why Rothschild didn't do it before was that he didn't know what the attitude of the Bank of Rome was. If the Bank of Rome is against this, then he will make himself an enemy of the entire Bank of Rome, and indeed of the entire military-industrial complex, so that even if he gains a lot of benefits from this trend, these benefits will not be enough to compensate for the losses he and the entire military-industrial complex are at odds with each other.
"The Bank of Rome doesn't want to do it yourself? At least don't want to be the first to do it yourself? Rothschild had a vague idea. So he asked, "So Mr. Beauwon, you mean that this crisis is inevitable, so it's better to let it happen sooner rather than later?" ”
"Yes." Mr. Beauwan replied, "We hope that this frenzy will end soon." ”
"So, you are looking for me at this time, hoping that I can do something for you?" Rothschild asked.
"Our bank is very special, and there are some actions that we can't do on our own initiative. I think you should be able to understand that. "So I hope that your bank will take the initiative to burst this bubble first." ”
Rothschild was silent for a moment and said: "Is it not appropriate for the Bank of Rome to do this because it will damage its reputation?" After all, the Bank of Rome is, in a sense, almost another treasury of the French government. But those who take the initiative to burst this bubble will be hated by many people. So the Bank of Rome can only follow, not take the lead. Is that right? ”
"You're right." Mr. Beauwan replied with an unchanging face.
"But if we do, our reputation will suffer." Rothschild said.
"IMHO." Mr. Beauwan said, "Nathan, you should know what kind of reputation you have. Adding this one thing doesn't make your reputation worse in this regard. Your reputation would have been too bad to be worse anyway. On the other hand, the reputation that really means to you, I mean being good at business, being good at making money, that's the most important thing. Customers will not put their money with you because you have a bad reputation in society; But customers will not invest in you because you are not sharp-eyed, indecisive in action, and unable to seize the opportunity to make money. You say, I'm right, right? ”
Rothschild smiled, but did not answer.
"Besides, although there is a loss of reputation to do it first, there is also a tangible economic benefit. Honestly, Nathan, there are more people besides you who are willing to do this. Besides, if we need to buckle the black cauldron on your head, can't we still buckle it? Honestly, we do intend to put you on a bad reputation for a bit, but rest assured that a bad reputation won't really hurt you under the protection of the Civil Code. And if you are the first to do it, the benefits you can get from it can be regarded as some kind of compensation. And this time you have cooperated with us and become our friends, and it will be beneficial in the future. ”
Nathan Rothschild certainly knew that the phrase "if you become our friend, it will be good in the future" is pure nonsense. There is no contract that has been turned into black and white, and Mr. Bowang can turn his face and deny anyone at any time. But it is true, as Monsieur de Beauvan says, that if the Bank of Rome, or indeed the military-industrial complex, or even the French government, needs to throw the pot on his head, will he be able to resist? Even if he didn't do anything, the military-industrial complex that controlled so much multimedia would still be able to put the black cauldron on his head, and then step on ten thousand feet, so that he will never be able to turn over. So, don't toast and don't eat and drink, or honestly take the pot and buckle it on your head.
So Rothschild asked, "So, how do we need to cooperate?" ”