Chapter 370 The United States must fight, the United States must defend Wall Street! (Please subscribe, please vote)

The chairman of the board of directors of the Second Bank of the United States, Nicholas Biddle, who came from a well-known family in Philadelphia, also put on a helmet at this time and hid in the "bunker" of the bank building. He was holding a "Huaxing" brand imported from Ming Dynasty.

On the phone, talking on the phone with President Andrew Jackson in the White House in Washington.

"Mr. President, it was a terrible disaster. It was all over the sky. It was their planes. Bombs were falling like raindrops. There were explosions and deaths everywhere on Wall Street. This scene was so terrible that it is difficult to describe in words.

to the point!"

"Yes, yes, Wall Street was really bombed! Mr. President, this morning, as soon as I got off the carriage, I saw the bomb explode outside the door of the bank building!

All the employees who were queuing up to enter the bank were blown to the ground. They were blown up like leaves by the strong wind, and then fell heavily to the ground. A large and deep hole was also blown out of the door of the bank, and there were dead people around.

There were some human remains, and there was blood, and blood was everywhere! God, how could they do this?"

"Of course the market will open, and trading on the New York Stock Exchange cannot stop. Moreover, the United States also has the bravest bankers and securities brokers in the world. We will not be intimidated by the enemy's bombs.

Mr. Roosevelt, the vice president of the New York Stock Exchange, is leading people to build barricades around the exchange. The exchange is also preparing to buy and sell stocks, bonds and currencies in the bunker of the exchange... But Mr. President, although we are all the bravest, we are not afraid.

Bankers and brokers with bombs and artillery fire. But the bombing of Wall Street will still cause stocks, bonds and the dollar exchange rate to plummet, or even collapse..."

On the other end of the phone line, President Andrew Jackson of the United States in the white room immediately lost his composure when he heard that bonds and exchange rates were about to collapse. He didn't care if Wall Street was bombed, and he didn't care if a clerk at the Second Bank of the United States died.

He doesn't care about the collapse of stocks listed on the New York Stock Exchange, but he can't help but worry about the collapse of U.S. bonds and the dollar exchange rate.

Because the United States will definitely have to fight a big war next!

The Japanese, or to be precise, the Chinese dropped bombs on the Norfolk base and Manhattan, New York. Americans are not stupid. They can think on their heels and know about the planes that bombed Norfolk and New York, and the planes that loaded them.

The motherships were all provided by the Ming Dynasty. And the entire attack operation must have been carried out under the direct command of the Ming Dynasty Navy.

It can be said with certainty that this attack was the Ming Dynasty using the Japanese as pawns and Texas, Mexico as a chessboard, to have a contest with the United States that was related to the fate of the country.

This is not a fight for colonies on the other side of the world, but a direct bombing of the United States, and it also bombs the economic and financial centers of the United States!

If the United States could not without hesitation engage in an all-out war after the bombing of Manhattan, an all-out war aimed at thwarting the Ming Empire's attempt to expand in the Americas! Then the United States would no longer be a chosen country with a bright future!

A 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, rich and weak, is simply a crime worthy of death!

Therefore, the United States has no other choice now. If it does not want to be taken back by the British as a dutiful son, and does not want to be stripped off by the Ming Dynasty, Japan, and Mexico, then it has no choice but to fight! And fighting is actually an American where everyone has a gun.

nature!

But fighting big wars is expensive!

There is no money in the U.S. 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 exchange debt, and the exchange rate will double. Once the U.S. debt collapses, the interest rate for issuing new bonds will go up to the sky? And once the U.S. dollar exchange rate collapses, the trouble will be even greater. Because

The U.S. dollar is now a convertible currency, which means that you can exchange the U.S. dollar for gold and silver at the Second Bank of the United States.

Although the exchange price can fluctuate a little, it should basically remain stable.

A common problem with all redeemable currencies is that the gold and silver stocks in the hands of the Ministry of Finance or the central bank are always insufficient to redeem most banknotes. In other words, countries that have the power to "turn paper into gold"

The government or others will always try their best to print more money.

Of course, if no one really prints more, and how much money is issued as much gold and silver as there is, then after the second industrial revolution, the production of various countries has increased exponentially, but the gold and silver stocks cannot grow at the same time, then what kind of deflation will happen?

However, except for countries like Rakshasa, most capitalist countries will not directly print money and spend it. Instead, they will go through the process of issuing bonds or borrowing money from the central bank to show that they do not print money and spend it casually.

Therefore, as long as countries do not encounter large-scale capital flight, they can basically rely on the "method of changing money" to raise more money and improve their financial situation.

But in the current situation in the United States, the dollar must not collapse.

Otherwise, if everyone uses U.S. dollars to exchange 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 Bank of the United States...you must find ways to keep the price of U.S. Treasury bonds and the dollar from plummeting!"

President Andrew Jackson now thinks it would be nice to have a central bank.

"Mr. President," said Nicholas Biddle, "it's really not up to me and the Second Bank of the United States. It's up to you and your administration to deal with this major crisis."

"How to deal with it?" Andrew Jackson said, "Declaring war, of course!"

"Declaring war on whom?" Nicholas Biddle asked.

"Who else can you turn to? Of course it's the Ming Empire." Andrew Jackson roared, "Who else doesn't know that they are the real enemy now?"

"Mr. President," Nicholas Biddle said, "I am not against declaring war on the Ming Empire... but I want to remind you of the fact that Ming Dynasty is much more powerful than us!

While Wall Street bankers and brokers stand firmly with the U.S. government...our clients may not have the confidence!

Once they set off a selling frenzy, the U.S. bond market and foreign exchange market will immediately collapse. Unless...the British Empire can lead most European countries to stand with us."

"The British Empire and most European countries?" the U.S. president asked, "adding these countries, do investors believe that the United States can defeat the Ming Empire?"

"No," Nicholas Biddle replied, "If that happens, investors will know that they have no way to escape... There is no safe market in the entire Western world."

"Nicholas, you are so inspiring!"

"Mr. President...I have to tell you the truth!"

The President of the United States was silent for a while, "Nicholas, who are we going to declare war on now?"

"Mexico and Japan!" Nicholas Biddle said, "The market will believe that we can beat Mexico, and Japan is very far away...

As long as we defeat Mexico, seize Texas, and force Mexico to abandon the Nicaragua Canal, then the United States can negotiate peace with Japan!

I think this is the result that the market wants to see... Even if we end up in a state of war with the Ming Empire, at this moment, I hope the US government can consider the affordability of the financial market!"

The President of the United States sighed, "Okay, I will consider it... Nicholas, go and tell the big guys on Wall Street that they will get the results they want. The U.S. government does not want the bond and foreign exchange markets to collapse!"

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 low voice: "Gentlemen, I have decided that the enemies are Mexico and Japan, and the United States must

Fight, Wall Street must be defended!"
Chapter completed!