The tax increase can only solve half of the military spending at most, and this is only the beginning, and with the subsequent huge war, the need is even more astronomical.

Therefore, more funds must be raised, and it is not possible to over-issue currency, so there is only one way left.

"It looks like we need to issue war bonds." Roosevelt smoked a cigarette, looked at the branches fluttering in the wind outside, and said, "Our people love our country, and they will definitely buy our war bonds vigorously." ”

War bonds are also a type of treasury bonds, as the name suggests, that is, the state borrows money from the people, and in the classification of national bonds in the United States, it is like a national debt.

In fact, just before the Pearl Harbor incident, the United States began to issue defense bonds for the purpose of aiding the Soviet Union and Britain because the amount of aid to Britain and the Soviet Union was so large that it exceeded the normal ability to pay for fiscal expenditures.

At that time, it was just called defense bonds, but now, when new bonds are issued, it becomes a formal war bond, and the war has already begun.

Hearing Roosevelt's words, Treasury Secretary Morgenthau nodded: "Mr. President, issuing war bonds should be a good method, you are right, our people are patriotic, and now that the whole country is about to face an urgent moment of life and death, they will definitely vigorously buy our war bonds." ”

If money is over-issued, there is a terrible risk of inflation, but the issuance of war bonds is different, which is also a way to stimulate patriotic enthusiasm among the people.

Morgenthau agreed, and Marshall did not speak, and everyone present was supportive.

Until now, the only way to raise more money was to issue war bonds.

Now that the decision has been made, it is time to discuss how to issue it, which is difficult for Roosevelt, and soon, Roosevelt will say the specific measures.

"Our war bonds, like the previous defense bonds, can be divided into bookkeeping and paper, in order to ensure proper circulation, bearer paper bonds as the main way, it is opened to use our dollar anti-counterfeiting standard printing. There are several denominations of bonds, such as 25, 50, 100, 200, etc. ”

Almost paraphrasing the original defense bonds, Roosevelt took the last puff of cigarette into his lungs and exhaled slowly, and as the nicotine stimulated, Roosevelt felt his thoughts clearer: "At the same time, our bonds have interest. For example, a $25 bond can be purchased at a price of only $18.75 for individuals, and when it matures after 10 years, the U.S. government will exchange the full amount of $25, which is equivalent to 3.33 percent of the annual interest. ”

This interest rate is not high, if you consider the factor of fighting inflation, it will just be preserved capital, and what will happen in ten years, let the president of the United States in ten years worry about it, he will definitely not be in power until that time.

Now you have to borrow money first.

Roosevelt's suggestion was reasonable, and Morgenthau said, "Okay, we're going to do it right away, so how many are we going to release?" ”

Roosevelt threw away the cigarette fart with force and said, "Issue ten billion dollars first." ”

Ten billion dollars! This is definitely an astronomical figure, you must know that the gross national product of the entire United States is only more than 100 billion dollars, less than 200 billion yuan, and now, Roosevelt is equivalent to collecting one-tenth of the entire gross national product.

"If the sales are good, it can be oversold, with a ceiling of 20 billion, and this is the first phase." Roosevelt said.

The gap in military spending is huge, and as the war progresses, more will be needed in the future, and the current 10 billion war bonds are just the beginning.

The problem of money was not difficult for Roosevelt, and Roosevelt won the support of the people by successfully solving the economic problems of the United States, and although it was now at war, Roosevelt believed that he could completely solve it.

The war bond was a brilliant plan for Roosevelt.

It's just that Roosevelt didn't know that on the other side of the ocean, his opponents, had already begun to lay out in advance.

Disrupting the financial order of the United States, or even collapsing the financial system of the United States, is one aspect of the war against the United States, and it would be superficial to think that the war is only military.

In Europe, with the German occupation of various countries and the implementation of the euro, a large amount of profits were made, and wealth was obtained through foreign military wars, and then this wealth was converted into the boom of the domestic military industry, and in this way, the rapid increase in the GDP of the whole of Europe could be promoted.

This is how Ciric's war economy came about, and at the end of the war, once Germany dominates the world, it will be easier to develop the economy, and Europe, as an industrial center, will be able to maintain the modern life of Europe by dumping industrial products all over the world, not to mention controlling those oil-producing countries in the Middle East.

Now, sitting opposite Shirek, Koga Peak, his thinking can't keep up with Shirek.

While Koga was still immersed in the idea that the balloon was carrying the dollar and that he would not be doing it for nothing, Ciric had already taken him to a new realm, forging war bonds.

This thing was issued by the U.S. government! Even if you forge this kind of thing, what's the use? Or is it like the one just mentioned, using balloons to airdrop?

"Of course, it's the same way, mainly airdrops." Ciric looked at this already confused guy, and could only continue to explain to him: "The war bonds issued by the United States have many similarities with the US dollar, and they are bearer and issued according to the denomination, so it has the ability to circulate. ”

Bonds are negotiable, bearer, and have denominations, and in later history, the kind of war bonds that were burned in public after buying war bonds purely to support the country were only a minority, and it can even be said to be a show.

Most people, after buying it, carefully kept it at home, waiting to get money from the government after the war was over.

If someone is in urgent need of money, they will sell the bond, so it can also be circulated.

So, what if, all of a sudden, there was a huge amount of war bonds? What if someone suddenly finds out that the bond is fake? In fact, it is better to deliberately show some horse's feet than to make counterfeit dollars and war bonds, so that people will know, no, there are fake bonds, don't buy them!

The U.S. government will also be quite anxious, reprinting the war bonds, telling the people that the bonds are safe and there is no problem, and when the new bonds are printed and start selling, it turns out that there are high imitations on the market.

In this way, the issuance of Americans' war bonds will be greatly delayed, and the Americans will have to revise, print, and list them again and again, and screen the real from the fake, and the Americans will not be able to quickly raise funds through war bonds, and their government will go bankrupt.

Thinking of this, a smile appeared on Ciric's face.