1825 My New Daming

Chapter 370 America Must Fight, America Must Defend Wall Street! (ask for subscription, ask for monthly pass)
The chairman of the board of directors of the Bank of the Second United States, Nicholas Biddle from a famous Philadelphia family also put on a helmet at this time and hid in the "bunker" of the bank building.He was holding a "Huaxing" brand telephone imported from Ming Dynasty, and he was talking on the phone with President Andrew Jackson in the White House in Washington.

"Mr. President, it was a terrible disaster, the sky was full of their planes, bombs were raining down, there were explosions and deaths everywhere on Wall Street, the scene was too terrible to describe in words to the point of!"

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

The employees who were queuing up to enter the bank were all blown to the ground. They were blown up by the strong wind like leaves, and then fell heavily to the ground.A large and deep hole was blown out at the gate of the bank, surrounded by dead people, some human remains, and blood, which flowed everywhere!God, how could they do this? "

"Of course the market will open, and the New York Stock Exchange cannot stop trading. And the United States also has the bravest bankers and stockbrokers 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 set up 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 the bravest, we are not afraid Bankers and brokers of bombs and gunfire.But the bombing of Wall Street will still cause stocks, bonds and the dollar to plummet, or even crash..."

On the other end of the phone line, in the White House, the President of the United States, Andrew Jackson, immediately lost his composure when he heard that the bonds and exchange rates were about to collapse.He doesn't care if Wall Street is bombed, he doesn't care if the employees of the Bank of the Second United States die all over the place, and he doesn't care if the stocks listed on the New York Stock Exchange crash, but he can't care about the collapse of U.S. debt and the dollar exchange rate. superior.

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

The Japanese, to be precise, the Chinese dropped bombs on the Norfolk base and Manhattan, New York. The Americans are not stupid. They can know the planes that bombed Norfolk and New York, as well as the planes that loaded them. The motherships were all provided by Daming.Moreover, the entire attack must have been carried out under the direct command of the Ming Navy.

It can be said with certainty that this attack was the use of the Japanese as chess pieces and Mexico's Texas as a chessboard, in order to have a contest with the United States related to the fate of the country.

This is not fighting for colonies on the other side of the world, but directly bombing the mainland of the United States, and also bombing the economic center and financial center of the United States!
If the United States can't go into an all-out war without hesitation after the bombing of Manhattan, an all-out war aimed at defeating the Ming Empire's expansion attempts in the Americas!Then the United States is no longer a chosen country with a bright future!Rather, it is a fertile, vast, resource-rich country owned by cowards.

As a country, being weak is not an original sin, being rich is not an original sin, and being big is not an original sin. But the combination of these three, big and rich but weak, is simply a crime worthy of death!
So the United States has no other choice now. If they don’t want to be taken back by the UK to be dutiful sons, and if they don’t want to be skinned by Ming, Japan, and Mexico, then the only option is to fight!And fighting is actually the nature of Americans who have guns for everyone!
But it costs money to fight big battles!

Money. The U.S. treasury does not have it, so it must be borrowed!
But if you want to borrow money, you can't let the U.S. treasury bonds and the U.S. dollar come into debt, and the exchange rate will kill both.Once the U.S. debt collapses, the interest rate for issuing new debt will be skyrocketing?Once the US dollar exchange rate collapses, the trouble will be even greater.Because the current US dollar is a convertible currency, that is to say, you can exchange gold and silver at the Bank of the Second United States with US dollars.

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

And all convertible currencies have a common problem, that is, the gold and silver stocks in the hands of the Ministry of Finance or the central bank are always insufficient to redeem most of the banknotes. In other words, countries that have the power to "turn paper into gold" The government or someone else will always try to print more money.

Of course, if no one really prints more, and how much gold and silver is issued, then after the Second Industrial Revolution, the production of countries will increase exponentially, but the stock of gold and silver will not grow at the same time. What will happen to the deflation?

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

Therefore, as long as countries do not encounter such a thing as a large amount of capital fleeing abroad, they can basically rely on the "method of changing money" to make more money to improve their financial situation.

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

Otherwise, everyone would exchange dollars for gold and silver, how would this hole be filled?
"Nicholas," said the President of the United States, "you are the chairman of the board of directors of the Bank of the Second United States...you must find ways to keep the prices of U.S. treasury bonds and the dollar from plummeting!"

President Andrew Jackson now feels that having a central bank is quite good.

"Mr. President," said Nicholas Biddle, "it's really not up to me and the Bank of the Second United States, but to how you and your administration handle this major crisis right now?"

"How to deal with it?" Andrew Jackson said, "Of course it is a declaration of war!"

"Who are you declaring war on?" Nicholas Biddle asked.

"Who else can I ask? Of course the Ming Empire." Andrew Jackson roared, "Who still doesn't know that they are the real enemy?"

"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 is much stronger than us!

While Wall Street bankers and brokers stand firmly with the US government...our clients may not have that confidence!
Once they set off a frenzy of selling, the US bond market and currency market will immediately collapse.Unless... the British Empire can lead most of Europe to stand with us. "

"The British Empire and most of the European countries?" the President of the United States asked. "With these countries, investors believe that the United States can defeat the Ming Empire?"

"No," Nicholas Biddle replied, "if that happens, investors will know they have nowhere to go...There is no safe-haven market in the entire Western world."

"Nicholas, you can really inspire people!"

"Mr. President... I must 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!" said Nicholas Biddle, "the market will believe we can beat Mexico, and Japan is very far away...

As long as we beat Mexico, take Texas, and force Mexico to give up the Nicaragua Canal.Then the United States will be able to negotiate a decent peace with Japan!

I think this is the result that the market is happy to see... Even if we end up in a state of war with the Ming Empire, at this moment, I also hope that the US government can consider the financial market's ability to bear it! "

The President of the United States sighed, "Okay, I will think about it... Nicholas, go and tell the big guys on Wall Street that they will get the results they want. The US government does not want the bond market and foreign exchange market to crash!"

After finishing speaking, 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. The United States must Fight, Wall Street must be defended!"

(End of this chapter)