Well?

As soon as Yang Qiu's words came out, Gu Weijun was lightly surprised in his heart, and his eyes turned with faint incomprehension.

Because he didn't know much about economic matters, before leaving New York, he specially asked Pei Zuyi and Gu Yuwen about the reason for exchanging treasury bonds. After some in-depth explanations, it gradually became clear that the current financial crisis was not only caused by speculation, but that speculation was the straw that broke the camel's back, and that the main culprits were deflation, false prosperity, and unbridled credit after the European War. When a large amount of food and commodities are manufactured, the market capacity is not as large as expected, and the inventory is constantly increasing, it has become very dangerous, which is why the oligarchs led by the Rothschilds suddenly siphoned off tens of billions of dollars, and deflation turned into an avalanche disaster.

If you want to resolve this crisis Chapter 654 Yang Mou World (3) Opportunity, the quickest way is to completely ban the gold standard. Because the gold standard means that currency issuance needs to be issued according to the amount of gold and silver reserves in the treasury, even if it is overissued, there is a fixed limit, otherwise it will only cause currency depreciation. Only by completely changing to credit paper money can the government completely ignore the gold and silver reserves to depreciate or over-issue and increase the liquidity of the market through human intervention.

And the plan that Yang Qiu took out was obviously aimed at the core of the crisis. The gold standard was abolished, the price of the dollar and gold and silver was forcibly fixed, and then all gold and silver transactions were forbidden, and when the ability of gold and silver to retain value was weakened, money could be issued on a large scale. If there is more currency, it will naturally depreciate on a large scale, and depreciation will make American goods cheaper, and cheaper goods can enhance export competitiveness. Eventually, the government used the name of investing in public facilities to get rid of the money that was printed by the printing press. In this way, money will gradually flow into the market, and when the market has money, it will naturally promote the economic recovery.

This is the Keynesian line, and it is the heart of Roosevelt's New Deal!

Of course, Gu Weijun and everyone didn't know that this was a new policy that would be in a few years, but that it was a good way to save the United States. And what Yang Qiu asked Pei Zuyi to do was to sabotage this plan that might appear in Chapter 654 Yang Mou Tianxia (3), just like Gu Yuwen said, the gold standard should not be destroyed, and the United States should be allowed to take the initiative to strengthen the gold standard system, so that the price of gold will remain high for the next few years. That's why they came up with the idea of "freely exchanging treasury bonds" to release liquidity, and taking advantage of people's psychology of continuing to maintain value in times of economic crisis, constantly pushing up the price of gold and silver.

In this way, if someone comes up with this plan to save the market, then the first thing to face is the skyrocketing price of gold.

Judging from the plan, this matter is not profitable for China, because no one is stupid enough to sell gold and silver reserves. Of course, this is unlikely to really prevent the United States from recovering, but it can be done by delaying it for two or three more years. Three or two years! In the current situation, as long as the domestic industrial reform is completed early next year, and the purchased machinery and equipment continue to go back, the industrial strength between China and the United States can be narrowed to a distance!

Very black-bellied! But it makes it impossible for anyone to blame, it is a typical conspiracy! Everything was thought of by Yang Qiu, and he expected it! But Gu Weijun didn't expect that at this critical moment of persuading Hoover, his first sentence was to persuade Hoover to cancel the gold standard!

Is it a trick? Thinking of this, Gu Weijun went to see Hoover.

At this time, Hoover's face didn't know how wonderful it was, and even Stimson and Robert stared with bated breath as he spoke.

Hoover was not a fool, and judging by his career path, he was a shrewd businessman himself, and he knew much more about the economy than the average person, so he immediately captured the meaning of the two proposals. Cutting off the gold and silver trade would be tantamount to abolishing the gold standard, so that the government could artificially interfere with the currency and have money for disaster relief or investment. But the ban on the gold standard is not just a mouthful, who is behind him Hoover? It's an oligarchic consortium! It's Rockefeller, it's Mellon, it's Morgan! Can they allow themselves to do away with the gold standard? You know, if the gold standard is abolished and the White House interferes with the currency, then the work of these oligarchs for decades has been in vain. If there is a huge depreciation of the dollar, it means that the net worth of each of them will shrink by tens of billions!

The assets of each oligarchic family have shrunk by almost half! Thinking about this Hoover shuddered, he still had to rely on them for re-election.

So he immediately discarded the first option, and the second option was feasible! After all, the United States has about 150 billion national debt, and if this money can become a circulating currency, it can fill all the holes from the crisis to the present at once, but if this is done, the relationship between the United States and Europe may really reach the freezing point!

But is there any other way? After thinking about it, he gritted his teeth and sat down: "Yang, I'm afraid that the exchange of treasury bonds can only release 50 billion funds at most." ”

Hearing this, Yang Qiu and Gu Weijun collided with each other, and their hearts were indescribably ecstatic!

Hoover's heart was moved!

Yang Qiu breathed a sigh of relief, you must know that the reason why he proposed the cancellation of the gold standard together was actually gambling! Because he didn't want to give Hoover and the United States the impression that he was engaged in a conspiracy, he wanted a conspiraccy! I want the United States to know that in fact, the best way is to say that you can only blame yourself if you don't choose.

However, even if he knew that it was almost impossible for Hoover to choose the first one, and knew that if the gold standard was abolished, the first person who would not let Hoover go was the oligarchy, but he did not dare to rest assured until this time. But there is still a pity in the bottom of my heart, compared with the history of Roosevelt after he came to power, he used the support of the people to kill the Jewish consortium, forcibly devalued the currency against the oligarchs and the world's anti-shearing sheep, forcing them to even use the next means of burning down the bank settlement center and destroying the transaction list, Hoover is like a hesitant and timid little old man.

This shows how unrealistic it was to try to prevent Roosevelt from coming to power!

After removing the associations brought by Hoover from his mind, Yang Qiu said: "What you said is very right, it is impossible to release all of them, but as long as you release some of them, it will also increase the liquidity a lot." But the release must be strategic, and it must be observed that it can only be exchanged for dollars, and all the cash exchanged must be used to purchase American goods, otherwise even if more is released, it will only be cheaper for others. ”

Robert next to him nodded secretly, and had to admit that this was a clever method, even if he could not release all the national bonds, as long as he could release one-third, it would be enough to promote the increase of liquidity in the market. More importantly, there are many, many countries that hold US Treasury bonds, and even if the big British and French investors are left out, other countries will take advantage of the opportunity to take advantage of them, so that they can increase exports, seize the British and French markets, and transfer some of the crisis to Europe. As long as the crisis in Europe deepens and worsens, they will also have a wave of bankruptcies and bankruptcies similar to those in the United States, which is equivalent to helping the American manufacturing industry in disguise.

Did this guy come up with it himself, or did he come up with it with a team of economic experts? I'm afraid that the 2 billion orders secured by treasury bonds are just throwing stones to ask for directions, right? Hoover also looked at Yang Qiu. Speaking from the heart, this method really moved him, because this can not only alleviate the crisis and find a solution for the next step of a complete solution, but also benefit the oligarchs behind them, because these released funds are equivalent to helping them clear their inventories, and finally increase liquidity, which can be described as killing multiple birds with one stone.

But he couldn't make a decision right away, and he had to tell his economic team about these ideas, especially the opinion of Finance Minister Mellon, which was very important, so he turned the conversation to supporting the establishment of the Saudi family.

Yang Qiu also knew that he couldn't be anxious, even if Hoover was president, this matter could not be decided immediately, but seeing that he suddenly turned to the establishment of Saudi Arabia, he knew that he wanted to use his 2 billion US Treasury bonds as a touchstone, as long as Congress finally passed the deal, so since there was a first time, why not a second and a third time?

With these thoughts in mind, everyone tacitly avoided what had just happened and began to study the order instead.

After all, the $3 billion order is not a small amount, so after careful consideration, Hoover promised to support Saudi Arabia's statehood, and also promised to exchange 2 billion unexpired Treasury bonds in advance, but all of them must be in the United States. As for the pressure from Britain, anyway, with Yang Qiuchong in front, the United States just needs to wave its flag and shout. In the final analysis, if this wave can be withheld, then it will be a good start for the next opening of the free exchange of national bonds and withstanding the pressure of Britain and France.

After the Saudi issue that he was most concerned about was implemented, Gu Weijun proposed trade compensation. International trade is not a one-way street, Yang Qiu is so sincere to take out orders, Hoover naturally has to reciprocate. However, the current economic situation of the United States is destined to be unable to make large-scale purchases, and in the end it can only focus on the military.

In the end, after three days and more than 20 rounds of negotiations at different levels, the two sides agreed that the United States and Mobil Oil Company and other enterprises would purchase 112 bombers and transport planes, six 50,000-ton oil tankers and other commodities from China, with a total value of 100 million US dollars. In addition, the United States also promised to double the tariffs on tea, raw silk, and garments from outside China from the date of signing the contract, so as to help these Chinese goods enter the US market within a time limit of five years.

This kind of behavior of taking advantage of the tariff difference to unilaterally open the market to a country is absolutely a violation of trade rules, and it can be seen how weak the United States has been at this time. But Hoover still did it, in addition to the fact that the United States itself needs to import these goods, but also to thank Yang Qiu for helping him at the most critical moment.

On August 8, in the eyes of the whole United States, the White House officially held a press conference, and Yang Qiu and Hoover signed the Sino-US trade agreement on behalf of their respective governments that shocked the world.

According to the agreement, China will provide orders worth a total of $3.8 billion to the United States in the next five years, of which the total purchase in the first year will be as high as $1.2 billion! The order includes tens of thousands of machines, complete sets of equipment, trucks, construction machinery, large metallurgical/oil refining plants, etc., and even the high-level experimental instruments that are very sensitive to various countries have been fully released this time! Finally, the Chinese government has also promised to open 10 jobs to the United States in the next three years, and to open up labor and immigrant visas.

Finally, Hoover even publicly said at a press conference that he and his administration are very much in favor of canceling the Chinese Exclusion Act, and will urge Congress to review and try to lift this discriminatory law during his term of office

When the news came out, the whole country cheered. !!