The chairman of the board of directors of the Second Bank of the United States, Nicholas Biddle, who came from a prominent 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 phone imported from Ming Dynasty and talking on the phone with President Andrew Jackson in the White House in Washington.
"Mr. President, it was simply a terrible disaster. The sky was filled with...their planes, bombs were falling like raindrops, and there were explosions and deaths everywhere on Wall Street. This scene was so terrible that it was unbelievable. There are no words to describe it!”
"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 blown out at the entrance of the bank. There were dead people around, as well as some human remains, and blood. Blood was flowing 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 of bombs and gunfire. 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, U.S. President Andrew Jackson in the white room immediately lost his composure when he heard that bonds and exchange rates were about to collapse. He doesn't care if Wall Street is bombed, he doesn't care if a clerk at the Second Bank of the United States dies, and he doesn't care if the stocks listed on the New York Stock Exchange collapse, but he can't help but 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, 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, There are also motherships that carry those aircraft, all provided by Ming Dynasty. Moreover, the entire attack operation must have been carried out under the direct command of the Ming 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!
What if the United States could not without hesitation plunge into an all-out war after the bombing of Manhattan, an all-out war aimed at thwarting the Ming Empire's expansion attempts in the Americas! Then...America is no longer a chosen country with a bright future! But a fertile, vast, resource-rich 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 Britain as a dutiful son, and does not want to be stripped of its skin by Ming Dynasty, Japan, and Mexico, then it has no choice but to fight! And fighting... is actually the nature of Americans where everyone has a gun!
But fighting big wars is expensive!
The money... is not 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 have a debt and foreign exchange double kill. Once the U.S. debt collapses, will the interest rates on new debt go up? Once the U.S. dollar exchange rate collapses, the trouble will be even greater. Because the U.S. dollar is now a redeemable currency...that is to say, you can exchange gold and silver with the U.S. dollar at the Second Bank of the United States.
Although the exchange price can fluctuate a little, it should basically remain stable.
And all redeemable 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 banknotes... In other words, mastering "turning paper into gold" Governments or other people with power will always try their best to print more money.
Of course, if no one really prints more, as much gold and silver are issued as currency, 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, the general 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 the current situation in the United States... the U.S. 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, but it's up to you and your administration to deal with this major crisis right now?"
"How to deal with it?" Andrew Jackson said, "Of course, declare war!"
"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 and foreign exchange markets would 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, capture Texas, and force Mexico to give up 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, and 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 and defend Wall Street!"