Chase, the Secretary of Finance, knows what he wants to do now. This matter is nonsense, a bastard, and a mistake, but he still has to do it now!

Then why?

This is because before, Chase mistakenly ate a batch of aluminum, a total of 112 tons!

Needless to say, this batch of aluminum belongs to whom it belongs. This batch of aluminum is definitely legendary, and they have experienced so much.

Simply put, this is that Chase, the Minister of Finance, wants to do his own job, and the most important thing in his job is to find military expenditure for the United States, that is, real money.

Yes, Chase was looking for real money and then used real money as collateral to issue treasury bonds, which was the kind of green paper with his avatar printed on it.

So, when Chase's old partner, JP Morgan, a well-known banker on Wall Street, told him that there is a batch of aluminum with very good quality... Yes, the aluminum with the dot solution is already old... The source of this batch of aluminum is very OK, a total of 112 tons, but people on Wall Street cannot afford it, but the business is very good. The 112 tons of aluminum can be used as 100 tons, that is, 300 tons of gold. Is it interesting for you, Secretary of Finance? How is this transaction?

It's a good deal!

It's really a good deal. Just a simple calculation, you can make at least 12 tons of aluminum, and this is 36 tons of gold. This is a lot of money, so why not do it?

The most special thing is that now, you just make a fortune by making money!

The reason is very simple. In fact, the United States government does not have much gold. They have been borrowing debts. The issuance of government bonds.

So now, we use the method of borrowing money to convert it into US dollars, and then take the aluminum over. This is the first step and the second step, that is, to sell this batch of aluminum.

Where to attack?

France!

Everyone knows that Napoleon III likes aluminum, and the most advanced medal in France is aluminum medal. So why don’t you ask the French to do business?

And, the French are very rich.

Perhaps Napoleon did not make much contribution to the development of France's entire society, but the French were really rich. They are now rich in Europe. The reason is that the French Revolution, which really made the entire French society move forward a lot, inspiring the subjective initiative of almost all classes in France, and France's social productivity has greatly improved.

Otherwise, it would be like a strange thing like Napoleon III. As long as the pope had something to do, he would go out to teach others a lesson, and even go on a expedition to Mexico. How could he keep such an emperor? How could the lower class still support him?

The French are rich now, so they didn't run away, and the relationship between the United States of America and France is still good, so this deal...

Aluminum is worthless!

With a snap, the aluminum fell to the floor. When Chase took the aluminum down, he then found the French ambassador. Then the French ambassador contacted his own emperor and took a boat back and forth on the Atlantic Ocean...

When the news of the sharp drop in aluminum prices reached Chase's ears, the old salmon sat on the ground in a flash!

The decline was too fierce. The aluminum price at that time was less than one-third of the previous one, and it was still going down. It seemed that someone was constantly selling aluminum and a large amount of aluminum in the international market!

This is over, and the loss is so great. Chase is not a fool. He immediately realized who was cheating him.

Right, there must be something wrong with this transaction, but Chase did not say that after the aluminum transaction was successful, he added a manor in New York...

Don't care about those details!

You jp. Morgan is a bastard, your Morgan family is a bastard, spit out my money!

As a powerful government official, Chase has the power and strength. He was cheated and wanted to chase the person who cheated him to death. This is also OK. Don’t think that the government’s money can be cheated at will. In the past, several monarchs in Europe have killed their creditors, and they are also in the name of very justice, and, but...

"Why do you have to fight and kill?"

“We have solutions, we have them all the time.”

"Also, what do you think of Boston's house? One set can't do two sets, think about it..."

Not only the Morgan family, but many people on Wall Street have come out, and they have come out to speak with Chase, but they have a good personal relationship with Chase.

Yes, you have to know that this involves hundreds of millions of dollars, and there is also the use of leverage. Everyone on Wall Street is involved. Who wants to jump off a building?

There are so many people speaking, rich, poor, respected, bastard... Anyway, there are all kinds of characters, and Chase can't stand it anymore.

The key is that he cannot help but give these individuals face, because he used to borrow money and issue US dollar bonds. He was the Minister of Finance and did not have the Minister of Finance of the Central Bank. What could he do? He has always relied on these individuals.

"So, what's the solution to this matter?" Chase asked.

"Issue more US dollar bonds!" Morgan replied.

Oh yes, just like this, I just asked and answered it, and simply decided on the next monetary policy, which led to the current situation!

In fact, after getting the money, Chase bought 100 tons of aluminum, Morgan did not say anything. It should be said that the people on Wall Street did not say anything, and they used their own banking system to acquire a large amount of gold!

This is a key point, because the US dollar is also a debt at this time. If this debt comes to your own hands, you have to take advantage of the depreciation of the debt... Because it is obvious that it will depreciate immediately, they are doing this... The large amount of gold purchases will minimize the impact of the depreciation of the bond.

This is the nearly 200 million US dollar bonds, because the US dollar has a higher gold content than the gold franc. Of course, because the amount of investment is relatively large, the gold price still rises, and the US dollar has begun to become worthless.

But Chase immediately agreed to issue more US dollar bonds!

He must do this. Because he does this, he can recover the previous losses... To put it simply, he is to give this loss to the people, not the government, because it is obvious that the national debt will depreciate quickly... But there is no way. The country is fighting a war, fighting a big war, and needs money and supplies!

So, at this time, the amount of extra currency issued, that is, US dollar bonds, has at least 500 million, because the current aluminum price is less than one-third of the previous one, so to fill this hole, you have to pay twice the amount of money.

Now, because it is winter and the weather is cold, there are currently 300,000 troops in Washington, and more soldiers may be needed in the future. These soldiers need to at least change their clothes, right? At least they need a rifle, right? At least they need more coal, right?

So, Chase had no other choice. He could only add fuel to the fire, he could only issue and issue a lot of national debts.

To put it bluntly, this is robbing the people of the United States of America and letting them pay the bill, because these newly issued national debts will be turned into materials as quickly as possible, that is, scraping back the land!

Everyone knows that the US dollar will plummet in the future!

The reason for this is to fight a war!

However, this plunge has actually begun, especially in Washington, which is particularly obvious. In addition, the entire eastern part is now full of rumors!

"Price soaring! People are living in poverty! What is Lincoln doing?"

"Is the end of the United States here? Anyway, everyone can't live anymore!"

"The monster from that empire came outside Washington, and as soon as he arrived, prices soared!"

The monster is naturally talking about Li Mengyang, but American newspapers may have forgotten about France.

"The monsters in Corsica have landed."

"The madman is suppressing the masses."

"Mr. Colonel has quelled the rebellion!"

"Your Excellency General surrounded Versailles!"

"The great hero has entered Paris..."

These newspaper titles are all about Napoleon...

These comments could not hurt Li Mengyang. The Empire announced very early that their American dollar was no longer pegged to the US dollar, and we now only accept real money and silver exchange.

These rumors have made the people in the eastern part of the United States panic, and everyone has no confidence in the US dollar, which has accelerated the decline of the US dollar.

So, in this case, should Chase, the Secretary of Finance, issue more USD Treasury bonds?

"..." After thinking for a long time, Lincoln finally signed...

The Washington incident is naturally a bullshit, but in the south, there are some things that have caused several ladies to quarrel.

"Nancy! You promised us, help us find that emperor!"

"Yes, I promised you! But you must also let my horse rest! And the wheels of the car must be repaired. God, we seem to have walked tens of thousands of miles recently!"

On the dirt road in Virginia, a Conestoga caravan was parked in the middle of the road, and the one who drove the car was naturally Nancy. She was quarreling with her... They were still two guys in thick suits, but they looked refreshed now.

"We gave you money!" The man named 'Elie' looked unhappy.

"Yes! You gave me the money, and then you asked Nancy to make this and that. I said, two ladies, what else do you want Nancy to do? Should you wash your ** or make bed sheets for you? Or do you want to make some high-end cakes that I have never seen before?" Nancy was still the same. There were a lot of stains on her face and more stains on her skirt.

"..." "Elie's face was not good-looking, but in this place now, there was no village or shop in front of the village or behind, so he could only rely on this Nancy, "Okay, let's apologize."

"Alley!" The 'Mr. Chesnart' next to him was of course unhappy.

Ailly had to comfort his friend and then said to Nancy: "Of course we will give you time to repair the car, but Miss Nancy, you know, the sooner we meet that emperor, you will get more money, do you understand?"

"Okay! My respected lady, haha, soon, I'll be on the road after a while." A flower-like smile appeared on Nancy's face.

Well, this Ely is naturally Eleanor, and Chesnart is naturally her best friend, Mary Chesnart... (To be continued...)

ps: Please support! Thank you for the black car!
Chapter completed!