Chapter 370: America Must Fight, America Must Defend Wall Street! (Ask for a subscription, ask for a monthly pass)
Chairman of the Board of Directors of the Second United States Bank, Nicholas of Philadelphia. Biddle also put on a helmet at this time and hid in the "bunker" of the bank building. He held a "Huaxing" brand telephone imported from Daming in his hand, and was talking to President Andrew Brown in the White House in Washington. Jackson spoke on the phone.
"Mr. President, it was a terrible disaster, and the heavens were all ..... It's all their planes, the bombs are raining down, the Wall Street is full of explosions and deaths, and it's so terrifying that it's hard to describe in words! ”
"Yes, yes, Wall Street was really bombed! Mr. President, this morning, as soon as I got out of the carriage, I saw with my own eyes a bomb explode outside the door of the bank building!
The clerks who were queuing up to enter the bank were all blown to the ground, and they were blown up by the wind like leaves, and then fell to the ground. There was also a very large and deep pit that was blown out of the gate of the bank, surrounded by dead people, and some human remains, and blood, and blood flowed everywhere! God, how could they do that? ”
"Of course the market will open, and trading on the New York Stock Exchange will not stop. And the United States also has the bravest bankers and stockbrokers in the world, and we will not be intimidated by enemy bombs.
Mr. Roosevelt, the vice president of the New York Stock Exchange, is leading people to set up barricades around the exchange, which is also preparing to buy and sell stocks, bonds and currencies in the exchange's bunker...... But Mr. President, though we are all the bravest bankers and brokers who are not afraid of bombs and artillery fire. But the bombing of Wall Street will still cause stocks, bonds, and the dollar to plummet, or even crash......"
On the other end of the phone line, U.S. President Andrew Brown is inside the White House. As soon as Jackson heard that bonds and exchange rates were about to collapse, he immediately became uneasy. He doesn't care if Wall Street is bombed, he doesn't care if the junior staff of the Second United States Bank dies, and he doesn't care about the collapse of stocks listed on the New York Stock Exchange, but he can't help but care about the collapse of U.S. bonds and the U.S. dollar exchange rate.
Because the United States will definitely have to fight a big war next!
The Japanese, to be precise Chinese dropped their bombs on the Norfolk base and Manhattan, New York...... Americans are not stupid, they can think on their heels and know that the planes that bombed Norfolk and New York, as well as the motherships that loaded those planes, were all provided by the Ming Dynasty. And the entire attack must have been carried out under the direct command of the Ming Navy.
It is safe to say that this attack was a contest between the Ming Dynasty and the United States, using the Japanese as a chess piece and Mexico's Texas as a chessboard.
This is not a struggle for colonies on the other side of the world, but a direct bombing of the United States itself, and also a bombing of the economic center and financial center of the United States!
If the United States could not plunge into an all-out war after the bombing of Manhattan, an all-out war aimed at thwarting the Ming Empire's attempts to expand in the Americas! So...... The United States is no longer a chosen nation with a bright future! Rather, it is a rich, fertile, vast, resource-rich country owned by cowards.
As a country, being weak is not the original sin, being rich is not the original sin, and being big is not the original sin....... But the combination of these three, big and rich and weak, is simply a sin that deserves death!
So the United States has no other choice now, if it doesn't want to be taken back by Britain as a filial son, and it doesn't want to be picked up by the Ming Dynasty, Japan, and Mexico, then there is only a fight! And the battle ...... In fact, it is also the nature of Americans who have guns in everyone!
But it costs a lot of money to fight a big battle!
Money...... There is nothing in the US treasury, it must be borrowed!
And if you want to borrow money, you can't let the U.S. Treasury bonds and the U.S. dollar go into debt and foreign exchange. Once the U.S. debt collapses, the interest rate on new bonds cannot go up? And once the dollar exchange rate collapses, the trouble will be even greater. Because the U.S. dollar is now a convertible currency...... That is, with the dollar, you can go to the Bank of the Second United States for gold and silver.
Although the exchange price can fluctuate a little, it is basically necessary to maintain a stable price.
A common problem with all convertible currencies is that the Treasury or the central bank always has insufficient gold and silver stocks to cover most of the banknotes...... In other words, governments that hold the power to "turn paper into gold" or anyone else will always try their best to print a little more money.
Of course, if no one really prints more, how much gold and silver is issued and how much currency is issued, then after the second industrial revolution, the production of various countries will increase geometrically, but the stock of gold and silver will not be able to grow at the same time, then what will the deflation become?
However, except for countries like Rakshasa, the average capitalist power will not directly print money for spending, but will go through the process of issuing bonds or borrowing money from the central bank to show that they are not printing money to spend casually.
Therefore, as long as countries do not encounter a large amount of capital flight, they can basically rely on the "method of turning money" to make more money to improve their financial situation.
But the situation in the United States is ...... The dollar can't collapse.
Otherwise, everyone will exchange dollars for gold and silver, how will this hole be filled?
"Nicholas," said the President of the United States, "you are the Chairman of the Board of Directors of the Second United States Bank...... You have to find a way to keep the price of US Treasuries and the dollar from plummeting! ”
Andrew. President Jackson now thinks it's nice to have a central bank.
"Mr. President," Nicholas Brown. "Actually, it's not up to me and the Bank of the Second Commonwealth, it's up to you and your government to deal with the big crisis right now?" ”
"How to deal with it?" Andrew. Jackson said, "A declaration of war, of course!" ”
"To whom did war be declared?" Nicholas. Biddle asked.
"To whom? The Ming Empire, of course. "Andrew. Jackson roared, "Who else doesn't know that they're the real enemy?" ”
"Mr. President," Nicholas Brown. Biddle said, "I'm not against declaring war on the Ming Empire...... Rather, I want to remind you of the fact that Da Ming is much stronger than us!
While Wall Street bankers and brokers are adamantly on the side of the US government...... But our customers may not be confident in this!
As soon as they set off a sell-off frenzy, the US bond and foreign exchange markets will collapse immediately. Unless...... The British Empire can lead most of Europe to stand with us. ”
"The British Empire and most of Europe?" The president of the United States asked, "With the addition of these countries, investors believe that the United States can defeat the Ming Empire?" ”
"No," Nicholas. Biddle replied, "If that happens, investors know they have no way out...... There is no longer a hedging market in the entire Western world. ”
"Nicholas, you're so exciting!"
"Mr. President...... I have to be honest with you! ”
The President of the United States was silent for a while, "Nicholas, then who are we going to declare war on now?" ”
"Mexico and Japan!" Nicholas. "The market will believe that we can beat Mexico, and Japan is very far away," Biddle said......
As long as we defeat Mexico, seize Texas, and force Mexico to abandon the Nicaragua Canal. Then the United States will be able to negotiate a decent peace with Japan!
I think that's what the market is happy to see...... Even if we end up in a state of war with the Ming Empire, at this moment, I hope that the US government can consider the affordability of the financial markets! ”
The President of the United States sighed, "Okay, I'll think about it...... Nicholas, you go and talk to the Wall Street bigwigs, and they're going to get the results they want. The U.S. government doesn't want the bond and foreign exchange markets to crash! ”
After saying that, the President of the United States hung up the phone, then raised his head, looked at the cabinet members in the Oval Office with burning eyes, and said in a deep voice: "Gentlemen, I have decided, the enemy is Mexico and Japan, the United States must fight, and Wall Street must be defended!" ”