Tom paused while eating the noodles, and looked up at the man in front of him - Charles Lawrence, who was one of the core figures of this delegation.
"Have you already negotiated with Washington?"
"You are indeed the most outstanding young man in the United States of America, Mr. Smith. You are right. We have already negotiated with the government departments."
"After the establishment of the Union Bank, you plan to ask the White House to revoke the qualifications of all other banks to privately print currency, and to publicly deny these currencies. Am I right?"
Charles Lawrence didn't reply, he just smiled slightly and looked at Tom, who had ramen noodles hanging from the corner of his mouth because he had just eaten noodles.
Tom sucked the ramen from the corner of his mouth back into his mouth, lowered his head and continued to eat the noodles.
"You go first, I will give you an answer within today."
"Please do it before lunch. We will take a flight back to Washington at one o'clock in the afternoon."
"I know. Si Liu~"
From the beginning to the end, Tom tried his best to maintain his contempt for this group of people. He wore pajamas and ate ramen, and seemed not to take these people seriously at all.
The shrewd Charles Lawrence knew that the moment Tom raised his head to ask the question, this business genius should have figured everything out. It is impossible for such a genius to refuse this proposal.
Just like Charles Lawrence couldn't refuse John's proposal of "a way out" for Charles Lawrence.
"Gudong, Gudong~"
"Bang!"
Tom drank the beef bone broth of the ramen in one gulp and slammed the ceramic bowl on the carpet.
"I just said that I can't mess with this if I'm not ready. I don't have much experience in this area, and now these gay Yang guys have actually joined forces."
“The Fed’s business is different from the small-time hustle and bustle of the real industry.”,
"Girl Yang is not stupid. In the pharmaceutical industry or other industries, which have high sales requirements, each of them occupies one-third of an acre of land. Finance, where geographical restrictions are very small, can be directly united."
"what can we do about it?"
“Is it possible to join this democratic Federal Reserve that was established decades in advance?”
Tom carefully read the plan document for the joint establishment of the United Bank by twenty-seven banks, trying to find loopholes in it.
It's impeccable, it's just perfect.
This planning document clearly states the output value, population, industrial conditions, etc. of each state in the United States. The 13% share of Hero Company has also been strictly calculated.
To be fair to Tom, under this calculation formula, Hero Company is not worth 13% of its shares. The industrial level and economic level of other big states in Dixie except Texas are really very poor.
Tom took out his custom-made pen and decided to sign his name on this preliminary plan. No matter how this organization would modify the detailed regulations in the future, for now, Tom must join this organization.
Tom held a gold fake cigarette in his mouth and looked at the engraved words on the pen. The engraved words on the pen were - "Productivity includes science and technology".
Tom seemed to have remembered something, stopped his pen, and tore up the plan that had his name signed on it.
"You guys, be prepared to tie yourself up!"
——————
June 29, 1867
President Andrew Johnson of the United States signs the Currency Management Treaty.
It is not as detailed and strict as the "Federal Reserve Act", the symbol of the establishment of the Federal Reserve in history, but it also has clear regulations on banks' private issuance of currency.
This bill does not directly infringe on state rights. State banks still have their own currency issuance rights, mainly restricting the currency issuance rights of private banks.
The bill clearly stipulates that private banks that want to sell currency must obtain the consent of the federal government and must accept federal control.
This is like a death sentence for the hero bank to issue currency.
How could Hero Bank, which has not joined the "Private Federal Reserve", gain approval in the hands of a federal government that is all gay?
The control is also aimed at Hero Bank. The shareholders of the "Private Federal Reserve" are relatives of members of the Senate of the House of Representatives.
How did Tom respond to the bill?
Ignoring it and continuing to print more, Tom has unscrupulously printed up to 2.5 billion US dollars!
As for what the federal government will do if it investigates?
Hero Bank is already a "state bank".
Tom learned the advanced public-private partnership concept and merged Texas State Bank with Hero Bank.
Now Hero Bank is the first company under Hero's name that is not a "Smith Family Business".
The current equity structure of Hero Bank is:
99.99% is owned by Hero Corporation and 0.01% is owned by the Texas government.
In this way, from a legal perspective, Hero Bank will replace the original state bank and become the new Texas state bank.
In this way, Hero Bank still has the right to issue currency.
Tom had already guessed that the federal government would not dare to directly revoke the state government's power to issue currency. The conflict between state rights and federal rights that would cause may lead to the disintegration and civil war of the United States of America again.
Well, as long as 0.01% of the shares of Hero Bank are owned by the state government, then it is a state bank, and Hero Bank still has the right to issue currency.
I have to say that history is really Tom Smith's best teacher.
If the public can be combined with the private, then why not conversely the private can be combined with the public?
Anyway, it’s just to take advantage of “state enterprises”.
Under Tom's guidance.
The first state enterprise in American history in which the state government only controls 0.01% was born!
This is a "state enterprise".
It's just that this is something that small and medium-sized banks cannot replicate. If small and medium-sized banks can control the state government and have such strength, they will not go bankrupt because the over-issued currency cannot be exchanged.
Now that currency can be issued freely, why does Tom risk an economic crisis to continue to issue more currency?
It would have been nice to have over-issued a few hundred million to ease the need for war capital chains. Why did the over-issuance reach 2.5 billion within a few days?
Tom could only give the questioner a "brother-in-law" smile.
Only 2.5 billion? It’s not even a fraction of Tom’s plan.
Tom's plan is to issue more than 10 billion U.S. dollars, and Tom will have a life-and-death battle with Mr. Yang!
While Hero Bank continues to print money aggressively, it also high-profilely promotes the benefits of hero dollars across the United States, giving priority to customers who use hero dollars to provide all the goods they need. Customers who use other U.S. dollars provide various food and credit card requirements.
.
Just as Tom expected, after the private Federal Reserve learned the news that Hero Company was accelerating money printing, and printing money in the name of a "state bank," the Yankees also began printing money on a large scale.
If Tom prints 100 million, Yang will print 200 million.
If Tom prints 1 billion, Yang will print 3 billion.
In short, they are competing with each other to see who can print more.
——————
Thanks to Marshal Tian for the 100 reward from No. 2