Blackstone Code: One thousand and fifty-five
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Mr. Trueman was a little fascinated by Lynch's description of the future. He hoped that the Commonwealth would be a strong country, and he even hoped that he could become a one-term president of this country!
Yes, he didn't tell anyone what he thought, he kept it deep in his heart.
When Mr. President faced the oppression of capital and could only choose to compromise, he knew that if he kept relying on others, the federal political system would never evolve.
Some long-standing social problems can never be changed.
The best way to change this status quo is to make a change, a change, and he must also master the supreme power of this country!
Otherwise... just like last time, those capitalists have countless ways to keep his head down.
He swallowed and was a little "thirsty" for the future, for Lynch's description, and for power!
"But we can't get people from other countries to print new federation sols, they won't do that unless we make them part of us."
He didn't hide his more radical ideas at this time, as soldiers always do, and in some ways more radical.
Their initial education was to tell them that whoever has the bigger fist should listen to whoever has the bigger fist.
If anyone is disobedient, beat them up until they obey.
Lynch shook his head, "As long as they use the Federation Thor we can achieve this goal."
"Why do they use Federal Sol?", Mr. Trueman asked quickly.
Lynch answered quickly, "Because we can promote the Federal Sol to become an international settlement currency."
"You can propose to Mr. President and Congress that the Federal Sol be the settlement currency for international trade."
"And now, we have a great opportunity!"
Mr. Truman seems to know what Lynch is talking about, "You mean arms sales?"
Lynch nodded, "Yes, but this is only one of them, arms sales, add a clause in the negotiation, the Federation's foreign military sales only accept the payment of the Federation Sol, reject the payment in other currencies, and It will be the same in the future."
"Increasing the weight of the Federal Sol in the international currency market will only benefit us, not harm."
Mr. Truman knows this. When everyone is using Federal Sol, any policy adjustment can affect the world.
But he also has a question, "Why would anyone want to use our currency when they can exchange some of it when they need it."
"Because the Federal Sol is more stable..." Lynch paused here, then moved the topic to another place, "Do you know of some recent volatility in the precious metal market?"
Mr. Trueman 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, "A dozen times!"
"Before silver did not rise, various countries had the habit of stockpiling gold, and before that, most of the world implemented a gold standard system..."
Mr. Truman has heard of the term gold standard system, and has a little understanding. He knows that it probably refers to a system in which currency is linked to gold, such as "gold coins".
The currency in some places, especially the coins, has gold in the material, a little, or a circle, or most of it is gold.
Before the advent of paper money, this phenomenon existed in the currency of the Commonwealth, starting with at least five cents in gold.
The gold is a pinpoint-sized star in the upper center of the reverse of the coin.
To a dollar coin, there is a circle of pure gold on the outside of the obverse of the coin.
If someone finds that the gold on the coin has disappeared during the transaction, they can reject it and call the police.
In some places, they simply use silver or gold to mint coins. Of course, the coins they mint are relatively thin, and the thinnest ones are not much thicker than a piece of paper.
Until the birth of paper money.
In fact, the current paper currency is not entirely credit currency, because the current federal paper currency system is a currency 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 directly cash the corresponding gold in the bank, so at the beginning of the birth of paper money, some people called paper money "gold coupons" or "gold exchange coupons".
Because money can be exchanged for gold, many times these "banknotes" are only regarded as a kind of vouchers used to exchange gold.
In fact, this is also the case now, except that people can not only "exchange" gold directly from banks, but also "exchange" gold with banknotes in some gold and silver jewelry stores.
No one will question the value of these banknotes, because it is separated from mere "credit" and has become a manifestation of wealth polymorphism.
People never doubt their currency!
"...even now, the currencies of various countries are more or less related to gold."
"Gold continues to appreciate in value, and the purchasing power of currency continues to increase, of course, without additional issuance."
"There are new precious metals on the market now that are challenging gold's position, which is actually not a good thing for the monetary systems of various countries."
"The gold monetary system that people built with decades and 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'm not specializing in this."
"The monetary order of the whole world will collapse and the exchange rate will be chaotic. Some countries may insist on the relationship between gold and the current currency, and some countries may try to implement a dual-track system, using the old or new currency to lock silver and gold respectively. "
"No matter what they do, the exchange rate in international trade is chaotic, and you can't normally settle the exchange rate between two countries with different references."
"If at this time, there is a currency that can stand out stably..."
Lynch chuckled softly, "What do you think they would do?"
Mr. Truman slowly realized the wonder of what Lynch said, "If it were me, I would find a way to make the currency I use, and this stable currency, anchored to a certain extent in terms of exchange rates. and at least a closer relationship.”
"But if the price of gold collapses, we should also be greatly affected. Why won't the Federation Sol be in chaos?"
The smile on Lynch's face became weird. He took out a cigarette again, folded his head, opened the cigarette case, took one out of his mouth, and lit it...
After a crisp and long ding, he closed the lid of the lighter, and the moment he looked up, a puff of smoke came out of his mouth.
Through the smoke, Mr. Trueman sees a...a sarcastic smile, "Because victory will be on our side."
Mr. Trueman didn't seem to understand and looked at Lynch patiently.
"In fact, it is very simple, science and technology, military equipment, these can be used as a guarantee for the stability of the Federal Sol exchange rate, and we will re-establish an international monetary system with gold as the core."
"Technology and productivity are the most critical forces we can bring out!"
"Now people buy a bullet from the Commonwealth, let's say twenty-five cents of the Commonwealth Sol."
"When the 'disaster' strikes, and they still need twenty-five points of Federal Sol to buy a bullet, they will realize the stability of Federal Sol!"
Mr. Truman seems to understand a little bit, but he seems to understand nothing, "because we only accept the settlement of Federal Sol?"
Lynch nodded and shook his head again, "The chaos will not last long, if we snipe the silver market, raise gold again, stabilize the price of gold, and establish a more accurate exchange system."
"Let people see the resilience of Federal Sol and our control over the world economy, what will they do?"
"They will increase the foreign exchange reserves of the Federal Sol, which is also what we hope. The more they store, the easier it will be for us to control the world's economy."
Mr. Trueman interrupted Lynch briefly, "Like we did with Nagalil!"
"Yes!"
Mr. Truman thought about this matter seriously. In fact, this matter as a whole is not as simple as Lynch said, and there are many very complicated situations involved.
But that didn't stop him from seriously considering it.
"So...what does this have to do with what you said at the beginning?", Mr. Trueman asked, "what does this have to do with us making money?"
Lynch took a puff of cigarette, crossed his legs and turned slightly sideways. He spit out the cigarette with a half-smile, "Because I plan to attack Baiyin!"
“Before that, I plan to attack gold first, and let gold plummet first. The plummeting of gold will cause the capital of various countries, and even governments, to adjust their gold reserves in order to avoid risks.”
"And this will also shake the drastic changes in their national currencies in the international currency exchange rate market, when people pay more attention to silver..."
Lynch chuckled a few times, "We can eat cheap gold while sniping at silver, so that silver and gold, the two things that have dominated the world's currency value for many years, lose their role in a short period of time. !”
"A currency that uses these two precious metals as a reference for the actual value of the currency ... will be completely confused!"
"According to my understanding ~IndoMTL.com~ more than 90% of the countries in the world are using these two precious metals as a guarantee of monetary value!"
Mr. Trueman was silent for a long time after listening, and Lynch did not urge him.
About seven or eight minutes later, Mr. Trueman also lit a cigarette. "In the end, you still want to make money, don't you?"
Lynch pointed at him with a smile, "Nothing can deceive you, and I am also a patriotic person!"
Short gold, short silver, and even eat some gold when the price of gold is low, Lynch is sure to make a lot of money.
And the Federation will pay for what he does, which is the point.
But Mr. Trueman couldn't refuse the request because it was too tempting.
He will not object to what is good for this country, for the people.