Rebirth 79: I opened a bank in the United States

Chapter 71 Excessive Silver Price

If I could do it all over again, I would choose Li No, I would definitely not choose to go to Kazim's house for a thank-you banquet! !
Three days later, Carter, who was sitting at the dining table in Kazim's house, looked at the familiar trio opposite him with an extremely strange expression on his face.

Time goes back to when I just went to the banquet, everything was fine at the beginning.Carter was not surprised to see the two gangsters Du Laderick and Barry again. After all, they are also Duke's friends, brothers.

Duke was exonerated to celebrate, and it was only natural for them to come to participate!But after three rounds of wine and five flavors of food, the taste gradually changes unconsciously.
"Duke, have you heard about the beer hall on Orwick Street lately?"

"No, you know, I've been learning from lawyers how to speak in court during this time, and I don't have the energy to care about outside things. Has something happened in the gang?"

Duke put down the knife and fork suspiciously, and looked at his old friend.Carter continued to eat the food in front of him, not at all interested in the gang things these old men were talking about.

"It wasn't our people who had an accident, it was O'Neill's people. Didn't the beer hall have a deal with those rednecks? It's a free market, and anyone can go in and sell things."

"You mean, Tri Farley and the others broke the contract?"

"No, no, no. That's what happened. There's a man under O'Neill, named Hadley, who lives on the street next to yours. Maybe you still know him. He went to sell leaves in the beer hall the day before yesterday, and we have talked about it. A guest was picked up, but the guest didn't have enough money for the time being, so Hadley asked him to go home and get it."

Dulederic shook his head and explained to Duke.Even if Carter was present, he didn't hide Carter's intentions at all.

"Everything was fine at first, and the man went back to the beer hall as promised. But when he came back, he gave the money to Tri Farley's people directly and bought leaves from them. This scene happened to be waiting for him to come back. Derry saw it, and the lad thought it was Trefarley's men who had intercepted his guests."

"I'm full, Uncle Duke, let's talk first. I'm going to watch TV with Karim!"

After hastily eating the food in front of him, Carter immediately dodged from the table.It's true that I need to maintain Kazim's relationship so that I can have a quiet time at school, but there are deeper gang grievances.
Sorry, whoever wants to inquire, inquire!
Carter, who was not interested and didn't want to get involved in the gang, avoided suspicion and left. After Kazim saw it, he wanted to stay and listen, but looking at Carter and seeing his father winking at him, in desperation, Kazim also Followed Carter and left the restaurant.

"Karim, are you full?"

Rubbing Karim's little head who was eating on the coffee table in the living room, Carter asked with a smile.

"Well, that's enough, I'll be full after eating these. I'm a child, I don't eat much!"

After being so obedient that Carter rubbed his head, Kalim held the TV remote control, moved his butt, and moved to Carter's side.

"Brother Carter, this is the TV remote control. You don't like watching cartoons. You can find the channel you want to watch."

"Tsk tsk, Kalim, you are a little too much! Usually I want to watch other channels, but you always hold the remote control and don't let go. Why did you change so much when Carter came?"

Kazim, who followed Carter into the living room, teased his younger brother with a smile.I am very satisfied with my brother's performance.
"Brother Carter is a guest, different from you!"

"Hehe, then I will thank Kalim first. Read the news, Kalim, watching more news will be very helpful for your future development. Kazim, you too, watch less of those TV dramas, no What nutrition."

Thanking the two brothers with a smile, Carter was also polite.After taking the remote control handed by Kalim, he switched the channel to New York. It is already October 79, and Volker has been on stage for two months. If there is any movement from him, New York must be the first place to react!
Not only because New York is the financial center of the United States, but also because New York can be described as Volcker's stronghold.Years of working experience in Chase Manhattan and the Federal Reserve Bank of New York made Volker very familiar with the New York market and New York people.

It is no less difficult than a financial revolution to curb the current high inflation.And any reform is bound to be accompanied by huge resistance. Relatively speaking, looking at the whole of the United States, only New York may have less resistance for Volker.

Therefore, during this period of time, Carter likes to turn on the New York station to see if he can catch some signs from the news reports.

"Well, I see, I'll look into it more, but I may not see anything"

Kazim, who secretly remembered Carter's words in his heart, smiled and looked very embarrassed.

"Hahaha, it's okay, come one by one, watch a lot, maybe you can see a little way."

While chatting happily with the black brothers, Carter watched the news to pass the time.It must be nonsense to get first-hand information from public reports, and Carter himself didn't have too much expectation for it, it was just a small incidental goal to pass the time.Unfortunately, accidents always come unexpectedly.

"Good afternoon, viewers and friends in front of the TV. Judging from the closing of the New York Stock Exchange just now, the price of silver is still rising. As of today, the price of silver per ounce has risen to $11. Compared with the price of two months ago 6 US dollars, the increase has nearly doubled! But compared with the rise of silver, gold is still strong, and the latest transaction price has exceeded 500 US dollars per ounce.”

It has been almost half a year since I traveled to Carter, and now Carter also understands the unfamiliar imperial units, such as pounds, feet, and ounces, and is gradually familiar with them.

The price rise of silver in the report seemed to be mentioned in passing, and then skipped silver and started talking about the gold market.But it was this short sentence that made Carter frown.
"Wait, Kazim, don't talk yet, I'll settle an account."

Pausing to chat, Carter quickly mentally calculated. 1 ounce is roughly equal to about 28 grams. On average, it is 1 gram of silver, which is about 0.4 US dollars. If converted in the same period, it is about 4 yuan per gram. It seems that there is not much difference from the future silver price.

But Carter understands very well that the account cannot be calculated like this!
First of all, inflation, needless to say, right?The past few years have happened to be the years with the most severe inflation in the United States.The price level and wage level are almost the same every year.There is no comparison between a dollar thirty years later and a dollar today.

Even if it is converted to RMB year-on-year, it is the same! Can the 79 yuan in 4 and the 4 yuan in the future be the same concept?

Even though Carter doesn't usually wear jewelry, hasn't speculated in futures, and doesn't know much about the precious metal trading market, he is also keenly aware of the problem:

The price of silver is too high!
As the saying goes, when things go wrong, there must be demons.Carter can understand the skyrocketing price of gold. After all, gold is a precious metal anchored by currency. The more inflation it has, the more valuable it is.Because of the high demand.
The national finance needs more gold to maintain the credibility of the currency, and ordinary people also want to buy more gold to fight inflation and transfer the risk of currency depreciation.Therefore, no matter how much gold rises in this year and month, even if Nixon announced the decoupling of the dollar from gold a few years ago, Carter is not surprised.

But silver, it doesn't have this effect!
(End of this chapter)