LATEST UPDATES

Blackstone Code - Chapter 1055

Published at 15th of March 2024 06:42:57 AM


Chapter 1055

If audio player doesn't work, press Stop then Play button again








Mr. Truman is fascinated by the future scenery described by Lynch. He hopes that the Federation is a strong country, and even he hopes to become a president of this country!

Yes, he didn't tell anyone about his idea. He kept it deep in his heart.

When the president can only choose to compromise in the face of capital oppression, he knows that if he always depends on others, the federal political system will never evolve.

Some long-standing social problems can never be changed.

The best way to change this situation is to make a change, a change, and he must master the supreme power of this country!

Otherwise... Just like last time, those capitalists have countless ways to make him lower his head.

He swallowed a mouthful of water, a little "thirsty", the desire for the future, the desire for Lynch's description, and the desire for power!

"But we can't get people from other countries to print a new federal sol. They won't do that unless we make them part of us."

At this time, he did not hide his more radical ideas. Soldiers are always like this and will be more radical in some aspects.

Their initial education was to tell them that whoever has a big fist should listen to who.

If someone is not obedient, beat them until they are obedient.

Lynch shook his head. "As long as they use federal sol, we can achieve this goal."

"Why do they use federal sol?" Mr. Truman asked quickly.

Lynch answered quickly, "because we can promote federal sol to become an international settlement currency."

"You can propose to the president and Congress to make federal sol the settlement currency for international trade."

"And now, we have a good chance!"

Mr Truman seemed to know what Lynch was talking about. "You mean arms sales?"

Lynch nodded, "yes, but this is only one of them. Arms sales will be added to the negotiations. The federal foreign arms sales will only accept the payment of federal sol and refuse the payment of other currencies, and it will be the same in the future."

"Increasing the weight of federal sol in the international money market is only good for us, not bad."

Mr Truman knows this truth. When everyone is using federal sol, any policy adjustment may affect the whole world.

But he also had a question, "why do others use our currency? They can exchange some when they need it."

"Because the federal sol is more stable...", Lynch paused here and then led the topic to other places. "Do you know some fluctuations in the precious metal market recently?"

Mr Truman nodded. "Yes, I know. It is said that the price of silver has risen many times."

Lynch nodded and gave a relatively more accurate number, "ten times!"

"Before silver did not rise, all countries had the habit of storing gold, and before that, most of the world implemented the gold standard system..."

Mr. Truman has heard and understood the word "gold standard system". He knows that it probably refers to a system in which money is linked to gold, such as "gold coin".

Some local currencies, especially coins, have gold in materials. A little, a circle, or most of them are gold.

Before the emergence of paper money, there was such a phenomenon in the federal currency that gold existed from at least five cents.

Gold is a star the size of a needle, in the middle and upper position on the back of a coin.

To a dollar coin, there is a circle of pure gold on the outside of the front of the coin.

If someone finds that the gold on the coin has disappeared in the transaction, he can reject it and call the police.

In some places, they simply use silver or gold for coinage. Of course, their coins are relatively thin, and the thinnest is not much thicker than a piece of paper.

Until the birth of paper money.

In fact, the current paper money is not entirely credit money, because the current federal paper money system is a monetary system based on another gold standard.

It is not a pure gold standard, because there is no gold in paper money that can be seen and measured by the naked eye.

However, people can use paper money to cash the corresponding gold directly in the bank. Therefore, at the beginning of the birth of paper money, some people also called paper money "gold coupon" or "gold remittance coupon".

Because you can exchange money for gold, many times these "banknotes" are only regarded as a voucher for exchanging gold.

Even now it is the same, but people can not only "exchange" gold directly from banks, but also "exchange" gold with banknotes in some gold, silver and jewelry stores.

No one will question the value of these banknotes, because it is divorced from the simple "credit", and it has become a form of wealth polymorphism.

People never doubt their money!

"... even now, the currencies of various countries are more or less related to gold."

"With the continuous appreciation of gold, the purchasing power of money is also increasing. Of course, this is without additional issuance."

"Now there are new precious metals on the market, challenging the status of gold, which is actually not a good thing for the monetary system of various countries."

"The gold monetary system, which has been established for hundreds of years, is collapsing. Once silver replaces gold, do you know what will happen?"

Mr Truman shook his head. "I don't know. I don't specialize in this."

"The monetary order of the whole world will collapse and the exchange rate will be chaotic. Some countries may adhere to the relationship between gold and the current currency. Some countries may try to implement a two track system and lock silver and gold with old or new currencies respectively."

"No matter what they do, the exchange rate in international trade is chaotic. You can't normally settle the exchange rate between different references of two countries."

"If at this time, a currency can stand up stably..."

Lynch smiled softly. "What do you think they will do?"

Mr. Truman slowly realized the wonderful thing Lynch said, "if it were me, I would try to anchor the currency I use and this stable currency to a certain extent in terms of exchange rate, at least to establish a closer relationship."

"But if the price of gold collapses, we should also be greatly affected. Why won't federal sol be chaotic?"

The smile on Lynch's face became strange. He took out his cigarette again, bent his head, opened the cigarette box, took out one, put it in his mouth and lit it

After a crisp and long sound of Ding, he closed the lighter cover. As he looked up, a stream of smoke came out of his mouth.

Through the smoke, Mr. Truman saw a smile... Like sarcasm, "because victory will be on our side."

Mr Truman didn't seem to understand. He looked at Lynch patiently.

"In fact, it is very simple. Science, technology and military equipment can serve as a guarantee for the stability of the federal sol exchange rate, and we will re-establish the international monetary system with gold as the core."

"Technology and productivity are the most critical forces we can take out!"

"Now people buy a bullet from the Federation, assuming it takes 25 points."

"When the 'disaster' comes, they still need 25 points to buy a bullet, and they will realize the stability of federal sol!"

Mr Truman seemed to understand something, but he didn't seem to understand anything, "because we only accept the settlement of federal sol?"

Lynch nodded and shook his head. "The chaos will not last long. If we snipe at the silver market, raise the gold again, stabilize the gold price and establish a more accurate exchange system."

"Let people see the anti risk ability of federal sol and our control over the world economy. What will they do?"

"They will increase federal Sol's foreign exchange reserves, which is what we hope. The more they store, the more convenient it is for us to control the world economy."

Mr Truman interrupted Lynch a little, "like we did with nagariel!"

"Yes!"

Mr. Truman seriously thought about this matter. In fact, this matter as a whole is not as simple as Lynch said. It also involves a lot of complex situations.

But this did not prevent him from seriously considering the matter.

"So... What does this have to do with what you said at the beginning?" asked Mr. Truman. "What does it have to do with making money?"

Lynch took a smoke, tilted his legs and leaned slightly. He spit out the smoke with a smile, "because I'm going to snipe silver!"

"Before that, I intend to snipe at gold and let it plummet first. The plummeting of gold will lead to the capital and even the government of various countries to adjust their gold reserves in order to avoid risks."

"This will also shake the drastic changes of their national currencies in the international currency exchange rate market. When people pay more attention to silver..."

Lynch chuckled, "we can eat cheap gold and snipe at silver, so that silver and gold, which have dominated the value of the world currency for many years, will lose their role in a short time!"

"The currency with these two precious metals as the reference of the actual value of the currency... Will be completely confused!"

"According to my understanding, more than 90% of countries in the world are using these two precious metals as the guarantee of monetary value!"

Mr Truman was silent for a long time, and Lynch did not urge him.

After about seven or eight minutes, Mr. Truman also lit a cigarette. "In fact, in the final analysis, you still want to make money, don't you?"

Lynch pointed to him with a smile, "everything can't deceive you. At the same time, I'm also a patriotic person!"

Short gold, then make blank silver, and even eat some gold when the gold price is low. Lynch will certainly make a lot of money.

And the federal government will pay for what he did. That's the key.

But Mr Truman could not refuse the request because it was too tempting.

He will not object to what is beneficial to the country and the people.




Please report us if you find any errors so we can fix it asap!


COMMENTS