Rebirth 79: I opened a bank in the United States

Chapter 121 The Beginning of the Unemployment Wave

Chapter 121 The Beginning of the Unemployment Wave

"Time has passed and will never come back ~ the past can only be recollected ~"

Humming the ditty that made Goodman confused, Carter was in a complicated mood, bid farewell to everyone in the bank, feeling quite regretful, and embarked on the road home in desperation
In January of 80, from the day the gold contracts in the account were sold out, all the rest of the fun had nothing to do with Carter.Going to class, humming songs, casually stamping a few big seals representing rejection on a few loan application forms, and simply flipping through the investigation reports sent back by hardworking part-time workers, this ordinary day is over.

Just like that, on January 1, the price of gold reached a high of $21, and silver, as if it had made an appointment with its good brother gold, also broke through the mark of $850 an ounce today.

"Oh, it's a pity, a pity."

Also after receiving the processing today, after deducting the investment of 500 million in Julian's new company and various expenses such as repayment, Carter, who has a huge sum of more than [-] U.S. dollars, looks at the money he is selling. Today's gold price, which has increased by more than one hundred dollars on the basis of the bid, turned off the TV in a bad mood.

The joy of getting rich suddenly was mostly dispelled by this annoying gold price.

With the soaring prices of gold and silver, Paul Volcker, who sits at the top of the Federal Reserve Board, can no longer sit still.How do you increase the price of silver and gold?This is not paying attention to me, Paul, someone at all? !

For Volcker, who is determined to fight the high inflation rate of these years, the soaring gold price is simply riding on Volcker's head and crazy output.Oh, by the way, can't forget the accomplice: Silver.
After Volker's old face was beaten back and forth by the good brothers Gold and Silver, Volker, who deeply felt that the dignity of the Federal Reserve had been trampled on, finally lost his temper!

You don't even listen to your words, do you? !Since the moderates can't work, then go to the radicals!
Just two days after silver and gold prices both broke through, the federal funds rate changed from the previous weak increase of a few tenths of a percent to a few points, and a wave of triple jumps came directly, officially breaking through the 14% fund rate rating. The upper limit came to around 16%.

The triple jump in the federal funds rate is no small matter!
On the afternoon of the day when the Federal Reserve's interest rate hike policy was announced, Carter once again met Laura, the mayor's secretary, at school.What's the purpose of this guy? It's Sima Zhao's heart
A person is too lazy to explain why he came, and a person is too lazy to ask the other party why he came.He followed Laura to the door of the mayor's office with ease. As soon as he opened the door, Carter was coughed dryly by a puff of smoke gushing out of the house.

"Hey, Uncle Rob, how many cigarettes have you smoked?!"

He raised his hands and slapped his nose fiercely.While fanning the wind, Carter narrowed his eyes and looked behind the desk, the man with the cigar.

"Sorry, I didn't notice this. I'll open the window and you sit first."

Benjamin smiled at Carter apologetically, not minding Carter's slightly presumptuous actions at all.After getting up and opening the window in the room, he walked to Carter and sat down.

"I've heard that you, Carter, have a special habit of handing cigarettes to everyone. Today I will learn from you. Come, try my cigars."

"Thank you!"

When he heard Benjamin talk about his behavior habits brought from Chinese thought, Carter showed no embarrassment at all.Facts have proved that although the sophistication of the world is clichéd, it is really useful!

Lighting an inexpensive cigarette in exchange for a good first impression and a relaxed attitude gave Carter some convenience when dealing with many things.

Hearing Benjamin making fun of himself at this time, Carter didn't care.After expressing his thanks frankly, he took the cigar handed by Rob, lit it and
"Cough cough cough you. Uncle Rob, you cigar."

hot!Hot throat!
It stands to reason that it is a cigar that is not enough for the lungs, but it just made Carter feel like he was choking in his throat after taking a sip.There is no mellow and soft aroma of cigars at all, but like a handful of burnt straw.

"Shoddy, isn't it?"

Rob laughed and watched Carter say the words that Carter was embarrassed to say.

In fact, this cigar is very bad quality!Carter didn't understand cigars, but recalling the taste of the cigars he got at Carlos's, and looking at the one in front of him, Carter felt that it was at least five grades lower than Carlos's.

After all, you are the mayor of a city. Why do you smoke such bad cigarettes?
When Carter heard Rob's heck of a laugh, he subconsciously suspected that the "radish" in front of him was selling miserably, and he must be eyeing his own money bag.It's strange, I haven't announced the news that I made more than [-] million yuan recently.
Even the news was only told to Goodman and Jenny.Jenny would definitely not make such a big splash, could it be Goodman?
"It's just this low-quality cigar, and now you can buy one for 21 cents. If you are not used to smoking, you can smoke your own, don't force yourself."

Seeing the weird look on Carter's face, Rob smiled slightly.The only reason is that Carter, a small local tycoon, can't adapt to these inferior products. It never occurred to Carter that he was wondering if there was a second or fifth kid inside.
After hearing Rob say this, he let out a long sigh:
"Remember what we said the last time we talked? It seems unfortunate that the worst outcome has happened, even worse than we expected at that time. Just yesterday, the Mayor of Reberding in Pearson spoke with I'm on the phone and their unemployment rate has climbed to 11%"

"In a city of more than [-] families, more than [-] families have lost their jobs and lost their sources of income. He asked me for help and asked if there were any jobs in Douglas that could help them"

"Our current situation should not be good, how can we spare them to help them!"

When Carter heard this, he became a little anxious.He quickly opened his mouth to dispel Rob's unrealistic fantasy. He knew that Rob had no good intentions:

It’s fine for me to help Douglas’s people, anyway, the interests are related. But the city next door has more than [-] households, even if each household only solves the job of one male, that’s [-] It’s a job for many people, where can I get all these jobs?
"Don't worry, don't worry, I didn't agree to Lei Boding's request. As you said, our situation is not good, and this is why I came to you."

After gently raising his hand to calm Carter's emotions, Rob continued:

"Our current situation in Douglas is not too bad thanks to you. In other words, your existence can give me a glimmer of hope. I already know that you have hired [-] part-timers recently. In other words, I am very grateful to you for saving thirty Douglas families for me, so that they can at least have enough food and survive."

"Actually, these alone are not enough. The unemployment rate in Douglas is now more than 3%. No, it may be higher. Just this morning, the cotton textile factory in the west of the city announced a layoff of 30%"

"This is nearly [-] unemployed again"

(End of this chapter)

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