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

"Have you already negotiated with Washington?"

"You are the best young man in the United States of America, Mr. Smith, you are right, we have already negotiated with the government."

"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?"

Charles Lawrence didn't reply, just smiled slightly, looking at Tom who still had ramen on the corner of his mouth because he had just eaten 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 Charles Lawrence knew that the moment Tom looked up and asked, the business genius should have figured it all out, and there was no way that genius would have rejected the proposal.

Just as Charles Lawrence couldn't refuse John's proposal to give Charles 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 real industry." 、

"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 under this calculation formula, the HERO company is not worth 13 percent of the shares, and the industrial and economic level of Dixie other large states except Texas is really poor.

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!"

——————

June 29, 1867

President Andrew Johnson of the United States signed the Monetary Management Treaty.

It is not as detailed and strict as the Federal Reserve Act, the symbol of the establishment of the Federal Reserve in history, but it also has clear regulations on the private issuance of money by banks.

This bill also does not directly infringe on state rights, and state banks still have their own rights to sell money, mainly to limit the right of private banks to sell money.

The bill clearly stipulates that private banks must obtain the consent of the federal government and be subject to federal control if they want to sell currency.

It was as if a death sentence had been pronounced against the issuance of currency by the HERO Bank.

How could HERO Bank, which did not join the "private Federal Reserve", be allowed to be approved by the federal government, which is all Yankey?

The control is also directed at HERO Bank, the shareholders of the "private Federal Reserve", who are relatives of members of the Senate of the House of Representatives.

How did Tom respond to the bill?

Ignore it and continue to print, Tom has recklessly printed to $2.5 billion!

As for what the federal government should do when it is investigated?

HERO Bank is already a "state bank".

Tom learned advanced public-private partnership concepts and merged Texas State Bank with HERO Bank.

Hero Bank is now the first non-"Smith family-owned" business under the Hero umbrella.

The current shareholding structure of HERO Bank is:

99.99 percent is owned by Hero and 0.01 percent is owned by the Texas government.

In this way, at the legal level, HERO Bank replaced the original state bank and became the new Texas state bank.

In this way, HERO Bank still has the right to issue currency.

Tom had long guessed that the federal government would not dare to directly revoke the power of state governments to issue currency, and that the conflict between state and federal powers would lead to the dissolution and civil war of the United States of America again.

Well, as long as 0.01% of the shares of Hero Bank are owned by the state government, then this is a state bank, and Hero Bank still has the right to issue currency.

I have to say that history is really Tom Smith's best teacher.

If you can add public to private, then why not vice versa?

Anyway, it's just to put on the skin of a "state enterprise".

Under Tom's one-pass operation.

The first state corporation in the history of the United States in which the state government only owned 0.01 percent was born!

This is the "state enterprise".

It's just that this is something that cannot be replicated by small and medium-sized banks, and if small and medium-sized banks can control the state government, if they have such strength, they will not go bankrupt because the over-issued currency cannot be converted.

If money can be issued freely, why would Tom risk the economic crisis to continue to over-issue money?

It would be good to overissue hundreds of millions to alleviate the demand for the war capital chain, and why did it directly overissue to 2.5 billion in a few days?

Tom could only give the questioner a "son-in-law" smile in return.

Only 2.5 billion? It's not enough for a fraction of Tom's plan.

Tom's plan is to overpay more than 10 billion dollars, and Tom wants to have a life-and-death battle with the Yankey!

While HERO Bank continues to print money aggressively, it is also promoting the benefits of HERO dollars in a high-profile manner throughout the United States, giving priority to customers who use HERO dollars for all the goods they need, and customers who use other dollars.

As Tom expected, after the private Federal Reserve learned of the news that the HERO company was accelerating money printing, and it was printing money in the name of "state banks", the Yankees also began to print money on a large scale.

Tom printed 100 million, and the Yankee printed 200 million.

Tom printed 1 billion, and the Yankee printed 3 billion.

In short, it is more than who prints each other.

——————

Thanks to Tian Dashuai No. 2 for the 100 reward