Smith Building Meeting Room:

"You mean we're going to have a few banks working together?"

"Yes, the establishment of the Commonwealth Bank, in which Hero Bank holds 13 percent of the shares, **** Bank holds 9 percent of the shares, and Boston First National Bank holds 7 percent of the shares......"

"So, I'm still taking advantage?"

"Slip~"

Tom snorted the ramen and looked at the proposal submitted by the opposing team.

A proposal for 27 of the nation's largest banks to unite into a national federal bank.

In this proposal, it seems that Hero Bank has taken advantage of it, and compared with other banks that have been established for decades and have been operating steadily, Hero Bank still holds the highest proportion of shares.

At the same time, each shareholder has "one veto power", but not all decisions are vetoed.

It can only be used for major equity-related events such as financing, dilution of equity, etc.

Each member bank also has a great deal of autonomy:

Self-lending, investing in other companies, etc., if there is a shortage of capital chain, you can apply for a minimum interest loan from other "brother" banks.

The main role of this federal bank is to jointly issue money, and it meets regularly every year to discuss the total amount of money issued in the next quarter, and then obtains the amount of money issued according to the proportion of each bank's shareholding.

If the federal bank were to be established, it would be a direct death sentence against all state banks set up by state governments, as well as small banks.

A large private joint bank, or the most reputable banks in the states, issued a currency that would certainly become the only "standard" currency for the dollar.

State banks and other small banks have no credibility or financial advantage over this financial behemoth, and the public will have no brains to approve of this large joint bank.

Tom looked at the names of the dozen or so banks that had expressed initial approval in the proposal, and all of them were first-class large private banks in the United States.

For private banks, being selected for this proposal can be said to be a recognition of you by the financial industry.

Tom took a bite of the garlic and ate it with a bite of the ramen.

"Quack."

"My little butterfly."

"Does it still affect the timeline?"

"Isn't this the prototype of the Federal Reserve?"

"You can't underestimate the Yankees of the Gilded Age, these people are the people who catapulted America from an agricultural slave country to a world hegemon."

Tom silently pondered how he had influenced the timeline.

Tom feels that he relies on his credibility, and the over-issuance of currency has inspired the Yankees, and the productivity and influence of each of them are now far inferior to Tom's hero company, but together they are still the "Yankee Giant" that Tom can't shake.

Once the public loses confidence in the bank, or the economic environment is not good, the people will run on the currency on a large scale, and these small banks will go bankrupt because the capital chain is broken and they cannot run on the currency issued by themselves on a large scale.

The previous Yankees, especially the Yankees who have become bigger, should think that the large-scale over-issuance of currency will do more harm than good.

Hero Bank was the first bank to use its reputation as a guarantee to pay off a large amount of over-issued currency, and because of the trust of the people of Dixie, there was no large-scale run.

For Hero Bank, as long as Hero Company can maintain its "heroic image" in the minds of Dixie people for one day, there is no bankruptcy problem.

Once the Yankee bankers are united, they can also issue their own dollars with impunity, and the federal government can only stare dryly.

Except for Tom's Hero Company, the remaining 26 banks on this list are all Yankee banks without exception.

It seems that the hero company has been given the most shares, but if you consider that the hero company is the "hero" in the hearts of the 10 million Dixie people now, and only recognize one hero company as "their own person", 13% is really a bit less.

Dixie has a quarter of the population of the United States, and the Fed and Hero Company do not have at least a fifth of the shares?

Tom sat in the conference room, continuing to ignore the Yankeos in front of him, munching on ramen.

Weigh the pros and cons quickly.

"Agree, or refuse?"

"If you agree, it doesn't seem to be any good, there are 40 million people in the United States, and I already occupy almost all of the market of 10 million people and the remaining 30 million "necessities" market, whether I join or not, it will not affect the upper limit of the Hero Bank's excess dollar issuance. ”

"The disadvantages are a lot, the hero company will become a traitor in the eyes of the Dixie, and the amount of over-issuance is also jointly determined by twenty-six banks, and now the war is not over, my over-issuance of 100 million US dollars may not be enough, and there is a high probability that it will continue to be over-issued, and it will be tied up when the time comes."

"Once the currency cannot be over-issued, there will be a gap in the capital chain again, and next time, these people will not be this kind of friendly cooperation and joint contract, and they may directly throw me an acquisition agreement or something."

"It doesn't hurt to disagree, even if they join forces, they won't be able to enter the Dixie market, and it doesn't matter to me."

"Wait, if they do unite!"

Tom's mouth paused and looked up at the man in front of him, Liam Lawrence, who was one of the central figures in the delegation.

"Have you already negotiated with Washington?"

"That's right."

"Am I right that when Union Bank is formed, you're going to have the White House revoke all other banks from printing money without permission and publicly deny it?"

Liam Lawrence didn't reply, just smiled slightly, looking at Tom who still had ramen on the corner of his mouth because he was eating noodles.

Tom sucked the ramen back into his mouth and lowered his head to continue eating.

"You go first, and I'll give you an answer within today."

"Try to get back to Washington at one o'clock in the afternoon before lunch, we're going to be on our flight back to Washington."

"I see. Slip~"

Tom tried to behave as contemptuently as possible for the gang from start to finish, wearing pajamas and eating ramen, seemingly not taking the group seriously at all.

The shrewd Liam Lawrence knew that the moment Tom looked up and asked, the business genius should have figured it all out, and that genius could not have rejected the proposal.

Just as Liam Lawrence couldn't refuse John's proposal to give Liam Lawrence a "way out".

"Goo Dong, Goo Dong~"

"Bang!"

Tom drank up the beef bone broth of the ramen in one go, slamming the ceramic bowl against the carpet.

"I just said I couldn't mess around with this if I wasn't ready, I didn't have much experience in this area, and now these Yankews have joined forces."

"This Fed thing is not the same as the petty fight in the pharmaceutical market." 、

"Yankee is not stupid, the pharmaceutical industry or other industries, the real industry with high requirements for sales, each occupies its own one-third of an acre, and finance, which has very small geographical restrictions, directly unites."

"What should I do?"

"Is it possible to join this democratic Fed that has been decades ahead of schedule?"

Tom then carefully looked through the proposal of 27 banks to form a joint bank, trying to find a loophole in it.

Impeccable, just perfect.

The plan clearly states the output value, population, industrial conditions, etc. of each state in the United States, and the 13% stake of Hero Company is also strictly calculated.

Tom is fair to say that Hero Company is not worth thirteen percent of the shares under this calculation formula, and Dixie's industrial and economic level is really poor except for Texas.

Tom took out his custom-made fountain pen and decided to sign his name on this preliminary proposal, no matter how the agency would change the rules in the future, for now, Tom must join the agency.

Tom had a fake gold cigarette in his mouth and looked at the inscription on the pen, which was engraved - "Productivity includes science and technology".

As if remembering something, Tom stopped his pen and tore up the proposal with his name already signed.

"Yankees, get ready to cocoon yourself!"