Speaking of secret discussions, Duck Castle is really the best place. Not only is the scenery beautiful, but also the life conditions are first-rate. As for security and confidentiality, there are no problems. In this era, it is the Oval Office of the White House. And secrecy is incomparable to Duck Castle. Of course, Morgan may have a bit of objection to this, and he may still think that the Viking is better. However, considering the importance of this negotiation, even if this negotiation is carried out on the Viking, it is impossible for Morgan to bring those cute and charming little girls on his ship, and then hold activities that the majority of prostitutes love to see on the ship. of.

Some of the people participating in this secret negotiation are as follows:

Scrooge McDonald-the head of the McDonald Consortium, the largest richest man in United States.

JP Morgan-the head of the Morgan Consortium, the leader of Wall Street bankers.

Frank Van der Lip-President of the National City Bank of New York.

Carol McDonald-an important figure in the McDonald consortium, Scrooge's Big Brother.

Benjamin Strong-an important figure in the Morgan Consortium

William McKinley-Republican, member of the Congressional Fundraising Committee.

Kevin Romes, Scrooge’s Queen’s Attorney, was also the only one among all the participants who knew little about the operation of the bank, but his work was extremely important. He was responsible for making the content of the document Conforms to the United States Constitution, complies with the requirements of political correctness, (at least it seems that it must be) so that the proposal can be accepted in Congress.

In July 1896, at Duck Castle, these people gathered together and began the design of a new central bank.

"You guys, I know what everyone is here for. But from now on, I ask you to do one thing first, and that is: kick the damn first bank and second bank model out of your heads. The farther the better, it’s better to kick them to China on the opposite side of the earth. Because such a direct way of plundering wealth is too crude, too backward, too aesthetically unsightly, and too lacking in technology!" In the first meeting, Scrooge made such a statement straightforwardly.

"So, Mr. MacDonald, if you don't use the first bank or the second bank, you can't absorb deposits, can't make loans, how can you get benefits?" Frank Van der Lip asked.

"Mr. Van der Lip, please allow me to proudly use my business actions to illustrate this problem." Scrooge replied proudly, "I control a lot of'non-profit organizations'. Many of these organizations cannot directly give I make money, and even every year I spend a lot of money to maintain their operations. But do you think I should cut off these'losing' institutions?"

Frank van der Lip knows how powerful the non-profit organizations mentioned by Scrooge are. The non-profit Associated Press has almost dominated the public opinion of the United States. In general, the economy has been in a recession in recent years. Even in companies under McDonald’s, the benefits of employees have dropped significantly. Correspondingly, labor disputes have increased a lot, and some companies have even experienced serious violent bloodshed. However, Scrooge’s image of Sage is still very well maintained. The reason for this is that Scrooge is cunning enough. Almost every time he uses the worker aristocracy to win over the worker aristocracy, create internal divisions among the workers, and then use the worker aristocracy to suppress the common people. The way of the workers is outside of the means of internal conflicts among workers. The control of public opinion is also the most critical factor. The voices accusing Scrooge could not be heard at all. Even if they could, they would be instantly drowned in a noisy sound, and no one could hear them. Of course, maintaining personal image is just a matter of handy. In recent years, using news and public opinion to influence the market and influence politics, I don't know how much money has been made for Scrooge. Although the Associated Press itself does not make money, with its assistance, Scrooge did not know how much money he made.

In addition to the Associated Press, Scrooge has a lot of "Standard & Poor's" and "Fitch" in his hands. Although they do not directly make money, their judgments have already had a very large impact on the economic world. In many cases, As long as these two organizations sneezed, the entire United States economy and even the entire world economy would respond accordingly. After seeing the role of these two "non-profit organizations" in making money, the Morgan Consortium also came up with a "non-profit" rating agency "Moody's Investment", and relying on this to taste the difference. Less sweetness.

What other "people, rights, observations, observations", "Reporters Without Borders", "International Association for the Advancement of Medicine", what... all kinds of institutions, although they don't directly make money, they are all creating money for the MacDonald Consortium. Conditions, let the Macdonald consortium make a lot of money. Recently, a company affiliated to the Macdonald Consortium has launched a new toothbrush with wavy bristles, and the latest fluoride toothpaste that is said to prevent dental caries. Then the United States immediately appeared in the United States. Group"……

"Mr. MacDonald, what do you mean, this organization does not make money itself, but is only responsible for creating opportunities for us to make money?" Frank Van der Lip basically understood what Scrooge meant.

"Yes, this is also a consensus reached during our preliminary discussions with Mr. MacDonald. The first bank style is indeed very profitable, but it is also very hateful. Why does the first bank and the second bank only exist for twenty? Was ordered to be closed in the year? The reason is very simple, their eating is too ugly. Ordinary people can understand. They openly stood on the opposite side of the interests of most people, of course they will be criticized and attacked, and of course it will be difficult to continue. Now, we have to learn this lesson, to hide behind, to make money fairly." Morgan took the conversation and said.

"Everyone, you must understand that the so-called fairness and equality are sometimes the best cover. At the time of the enclosure movement, the King of England passed Sacred's law and prohibited all people, including the poor and the rich, from walking along the street. Begging, the water is in the bridge hole at night. Although such a law is equal in terms of provisions, it is undoubtedly beneficial to the rich. We are now in this spirit to come up with a share full of freedom and The draft of the spirit of equality is coming out. And the level must be higher than those of the foolish British people hundreds of years ago, and they must be more concealed and deceptive than them.” Scrooge said."What is the most basic purpose of this organization? I think we can make it clear that it is to control the issuance of currency in United States. We will firmly control the issuance of currency in our hands. And use this for our benefit. Service." Morgan continued, "A few days ago, Scrooge and I had an in-depth discussion on some economic issues, extensively exchanged views, updated our thinking, and reached consensus on many key issues." Morgan said.

"For example, everyone in this room is not wise about inflation right now." Scrooge said, "It is easy for us to feel that once inflation occurs, the profitability of the loans we release will drop. So our interests are damaged. But, let me say, this kind of thinking is quite problematic, and it can even be said to be wrong.... Don't rush to ask me questions, wait until I finish talking." Scrooge First stop the people who want to ask questions, and then continue to say: "If the larger the scale of our loans, the more money we naturally make. But why can't we expand the scale of lending arbitrarily? What is inhibiting What about the scale of our lending? In fact, the answer is very simple: the amount of gold in the world. Over the years, the growth of gold production cannot match the growth of business scale. Now all our currencies must be dependent on gold, so we The number of loans issued by China is also limited by the production of gold. This has greatly reduced our speed of making a fortune.

Let's imagine if we can pull gold to the side, so that the entire United States can use the banknotes issued by us. And if we issue a little more banknotes, what impact will it have? "

"There is no inflation. Everything will go up in price." William McKinley replied.

"Please allow me to push the situation to extremes." Scrooge said, "If the inflation rate exceeds 100% in a certain year, what impact will it have on the property of the average person? For example, one person owns one Ten thousand dollars in deposits, but a year later, the actual value of his deposits is only equivalent to the original five thousand dollars. In other words, his fortune has shrunk by half. But we know that wealth cannot disappear out of thin air. Then, My friends, where is the other half of this man's wealth?"

This question stopped several other people at once. After thinking for a while, Frank Van der Lip replied: "It should have fallen into the hands of the person who issued the currency. Because when he overissued the currency, every time he issued a currency that was destined to depreciate in inflation, They are all trading cheaper things in exchange for valuable things. Oh my God, it would be great if we could issue non-gold currencies at will. But if the currency is freely convertible gold, then we can’t over-issue. It, even if we can use gold as a guarantee to issue paper money. Tickets, people will use this to exchange for gold. Oh my God, for the first time I felt that gold is something that I hate. ."

"I think that over the years, we have insisted on using only gold coins. This has caused the problem of insufficient liquidity in the market and has caused inconvenience to the economy." Scrooge said, "If we unite, we will In the name of Congress, if this organization is formed to be responsible for the issuance of currency, we can completely ask for a reduction in the ratio of reserves, or even reduce it to one to three or one to four. In practice, we can even use temporary The increased, borrowed gold is used as a reserve. As long as we are careful and control the extent of inflation, we can make most people not realize that we are exploiting them. Even through artificial control of deflation and Inflation, we can also hit our opponents and knock down all the guys who are still outside our group. Once the nation’s banking system is under our control, we can even further reduce the proportion of reserves. Even one day in the future, the status of gold will be completely denied and the U.S. dollar will become a legal credit currency that has nothing to do with gold."

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