Chapter 130: Plan Ahead

In the two years since the United States entered the war, although capital and the country have gained a lot, inflation, prices have risen, and workers' wages have not fully kept up with the rate of price increases. By the spring of 1919, prices had risen by 75 percent compared to before the war, so many soldiers who had just returned from the battlefield had to face a difficult living situation. Although the government gave each serviceman a subsidy before they were discharged, they had to face the reality that jobs were getting harder and harder to find.

As the war ended and orders fell, resulting in a large backlog of goods and materials, factories began to lay off workers to reduce costs, and competition for jobs became fierce. Discrimination When prices are rising, there are also some goods that are being reduced in price and promoted, but no one cares because consumers are short of money......

The stock market is a barometer of political economy, on the one hand, it will reflect the latest information in economic activity, and on the other hand, its ups and downs will also affect future economic activities. It is the fastest to respond to important information.

The post-World War I recession in the United States was first manifested on Wall Street, where the stock market has been declining and capital has been withdrawn from the stock market since the news of the victory in Europe.

Negotiations in Europe did not go well, the Fourteen Points on which the Americans had high hopes were castrated, and the Americans found that they were not yet saviors, and that the markets of the European powers they coveted did not seem to be achieved overnight.

The Dow Jones & Co. has always reported dismal indices, and Moody's-Fitch has downgraded the credit ratings of most companies.

After the end of the war, Moody's-Fitch began to conduct risk assessments of areas where American capital was about to enter such as Germany, France, and the United Kingdom, and launched a national sovereignty assessment business. This is a major breakthrough for Moody's-Fitch in credit ratings, and while it didn't get much attention at first, it will become even more unshakable as Moody's-Fitch's authority in the credit rating industry goes on.

The recession started with the banks, and after the war, the U.S. banking industry was in mourning, and bankruptcy became commonplace, with the exception of the Bank of California failure rate of 4%, the average failure rate of banks in the United States was 19%! Almost one out of every five banks goes bankrupt.

Most of these are small and medium-sized banks in the Midwest, and their customers are generally mainly farmers and small business owners, and it is not surprising that the agricultural sector is depressed, and these central banks have gone bankrupt on a large scale.

The big banks are not going to go bankrupt, but the situation is in their favor and they can easily buy out the smaller banks that are on the verge of bankruptcy.

At the same time, the price of agricultural products is not only falling, but the agricultural products that have been produced before are also in danger of being smashed into their hands and even having to be destroyed, because although this may seem cruel and wasteful, it is actually the least costly way to dispose of it.

In short, Monet clearly felt that the economic crisis was coming, although there are still nearly ten years to go before the 1929 economic crisis in memory, but Rome was not built in a day, and the economic crisis did not appear suddenly out of thin air, there are signs!

Just when Monet's mind was full of "worrying about the country and the people", Catherine suddenly walked in, took a manuscript and said to him: "Tony, you see how creatively written this one!" ”

Monet took it and looked at it, it turned out that it was written that a person traveled to a hundred years ago, and then used his advantage of knowing a hundred years to make a lot of money, and before he died, he also saved a lot of money in the bank, and designated himself to take it a hundred years later, but when he traveled back, he immediately relied on his "inheritance" to become a rich man!

To be honest, this is written in general, but compared to this era, the brain hole is really big, but this is nothing to shock Monet, who has seen countless networks before crossing over, because he has read a lot of things bigger than your brain, and he has been in the sea for a long time!

However, this article gave him an inspiration, that is, maybe he can also refer to it, although he has entered the world of the Titanic, he has also encountered a lot of real historical celebrities, such as Tesla, Hilton, Margaret Mitchell, etc., so it is really possible to benefit himself in 2022.

But what kind of "legacy" is more appropriate for you to leave to yourself in 2022? First of all, money is definitely not good, the first banknote can't be kept for so many years, and this inflation is too powerful, the current million dollars are almost equivalent to 10 million dollars in 2022, if it is reversed for dollars, it is appropriate......

Gold and silver jewelry is a good choice, but the problem is that you don't have much, and you can't solve any big problems if you keep a few hundred grams of gold.

After thinking about it for a long time, Monet decided to keep some artworks that are not worth much now but are widely sought after in 2022, especially oil paintings, and it just so happens that he still has a few Picasso works in his hands, and he will receive some when he encounters the right opportunity, such as when he heard about the economic crisis in 1929, many people sold the oil paintings they treasured at home at a low price without eating, and when the time came, he just collected them and left them for himself in 2022.

In addition, you should also make two preparations, that is, if you guess wrong, it is not a time and space, then donate these artworks to charity, and you can still make some contributions after you leave. Of course, there is no need to rush to do this, after all, I am only 27 years old now, and I am still far from death!

Seeing that Monet had not spoken, Catherine asked curiously, "Tony, what do you think of this?" ”

Monet reacted at this time and replied casually: "It's well written, it's very creative, let's publish it in the next issue!" However, his mind is still not open, in fact, it can be written that the protagonist can freely travel between the two eras of 1819 and 1919, using the goods on both sides to buy and sell, so that he can write more content! ”

"Makes sense, or Tony, you're smart!" Catherine praised, and then naturally sat in Monet's arms, because after all, it was in the office, so the two did not linger for long, Catherine sorted out her clothes and walked out, but as soon as she opened the door, she was stunned, because she saw Albert sitting not far from the door chatting with a small editor, so she greeted with some embarrassment: "Mr. Mellon, you are here!" ”

Albert nodded and replied, "Well, I've just arrived, too." Then he pointed to Monet's office and asked, "Is Mr. Monet still busy?" ”

Catherine naturally knew that Albert definitely didn't just arrive, and people were saving face by saying this, so she hurriedly replied: "He's not busy now, Mr. Mellon, if you have something to do, go in directly!" ”