Rebirth 79: I opened a bank in the United States

If I could do it all over again, I would choose Li... No, I would definitely not choose to have a thank you banquet at Kazim's house!!

Three days later, Carter, who was sitting at the dining table of Kazim's family, looked at the familiar trio across from him with an extremely strange look on his face.

Back in time when we just attended the banquet, everything was fine at first. Carter was not surprised to see the two gang members Duledrick and Barry again. After all, they were Duke's friends and brothers.

It's normal for them to come to celebrate Duke's exoneration! But after three rounds of wine and five tastes of food, the taste gradually changed without realizing it...

"Duke, have you heard about the recent incident at the beer hall in Orwick Street?"

"No, you know, I have been learning from lawyers how to speak in court during this period, and I don't have the energy to care about outside things. Did something happen in the gang?"

Duke put down his knife and fork in confusion and looked at his old friend. Carter continued to eat the food in front of him, showing no interest in the gang affairs that these old men were talking about.

"It's not our people who are in trouble, it's O'Neil's people. Didn't that beer hall have an agreement with those rednecks? It's a free market, and anyone can go in and sell things."

"You mean, Cui Fali and the others broke the contract?"

"No, no, no. That's what happened. There is a man under O'Neill, named Hadley, who lives on the street next to you. Maybe you know him. He went to sell leaves in a beer hall the day before yesterday, and we have already talked about it.

We had a customer, but the money he had with him was not enough for the time being, so Hadley asked him to go home and get it."

Duledric shook his head and explained to Duke. Even though Carter was present, he did not hide Carter's intentions at all.

"Everything was fine at first. The man went back to the beer hall as promised. But when he came back, he gave the money directly to Cui Fali's people and bought leaves from them. This scene was just waiting for him to come back.

When Deli saw it, the young man thought it was Cui Fali's people who intercepted his guest..."

"I'm full, Uncle Duke, let's talk first. I'm going to watch TV with Karim!"

After hastily finishing the food in front of him, Carter immediately walked away from the dining table. It was true that he needed to maintain Kazim's relationship so that he could keep quiet at school, but the deeper gang grudges...

Sorry, whoever likes to inquire can inquire!

Carter, who was not interested and didn't want to get involved in the gang, left to avoid suspicion. After Kazim saw it, he wanted to stay and listen. But looking at Carter and his father's wink at him, Kazim had no choice but to stay.

He left the restaurant with Carter.

"Karim, are you full?"

Rubbing the little head of Karim who was squatting on the coffee table in the living room eating, Carter asked with a smile.

"Well, that's enough. I'll be full after eating these. I'm a kid and don't eat much!"

After being so obedient that Carter rubbed his head, Karim took the TV remote control, moved his buttocks, and came close to Carter.

"Brother Carter, this is the TV remote control. You probably don't like watching cartoons. You can find the channel you want to watch."

"Tsk, Kalim, you are going too far! Usually when I want to watch other channels, you always hold the remote control and don't let go. Why did you change so much when Carter came?"

Kazim, who followed Carter to the living room, laughed and teased his younger brother. He was still very satisfied with his younger brother's performance...

"Brother Carter is a guest, different from you!"

"Haha, then I would like to thank Karim first. Watch the news, Karim. Watching more news will be very helpful for your future development. Kazim, you too, watch less TV series, no

Something nutritious."

After thanking the two brothers with a smile, Carter was not polite. He took the remote control from Kalim and switched the channel to the New York channel. It was already October 1979, and Walker had been in power for two months. If he had anything

When there is news, the first place to react must be New York!

Not only because New York is the financial center of the United States, but also because New York can be said to be Volcker’s base. Years of working experience at Chase Manhattan and the New York Federal Reserve have made Volcker very familiar with the New York market and New York people.

To curb the current high inflation is no less difficult than a financial revolution. Any reform is bound to be accompanied by huge resistance. Relatively speaking, looking at the United States, only New York may have less resistance for Volcker.

Therefore, during this period of time, Carter liked to turn on the New York channel to see if he could catch any signs from the news reports.

"Well, I know, I will take a closer look...but I may not be able to see anything..."

Kazim, who secretly remembered Carter's words in his heart, smiled and looked very embarrassed.

"Hahaha, it's okay. Come on little by little. If you watch more, maybe you can see some clues."

While chatting happily with the black brothers, Carter was watching the news to pass the time. Wanting to get first-hand information from public reports would definitely be nonsense. Carter himself did not have much expectations for this, he was just passing the time.

, it’s just a small goal by the way. But accidents always happen unexpectedly.

"Good afternoon, dear viewers in front of the TV. According to the closing of the New York Stock Exchange just now, the price of silver is still rising. As of today, the price of silver per ounce has risen to US$11. Compared with the price two months ago,

6 US dollars, the increase has nearly doubled! But compared with the rise of silver, gold is still strong, and the latest transaction price has exceeded 500 US dollars per ounce..."

It has been almost half a year since I traveled through time in Carter's body. Carter now understands and is gradually becoming familiar with imperial units that he was not familiar with before, such as pounds, feet, ounces and other measurement units.

The report mentioned the rising price of silver as if it were just a passing mention, then skipped over silver and started talking about the gold market. But just this short sentence made Carter frown...

"Wait a minute, Kazim, don't talk for now, let me settle the score."

Stopping chatting, Carter quickly calculated in his head. One ounce is roughly equal to about 28 grams. On average, it is 1 gram of silver, which is about 0.4 US dollars. If converted over the same period, it will cost about 4 yuan per gram, which seems to be different from the future silver price.

Not big.

But Carter knows very well that the accounts cannot be settled like this!

First of all, inflation, needless to say, right? The past few years have happened to be the years with the most severe inflation in the United States. Price levels and wage levels almost remain the same every year. One US dollar will be the same as 1 US dollar now more than 30 years ago.

, there is no comparison at all.

Even if it is converted into RMB on a year-on-year basis, it is still the same! Can the 4 yuan in 1979 and the 4 yuan in the future be the same concept?

Even though Carter usually doesn't like to wear jewelry, has never speculated in futures, and has no understanding of the precious metals trading market, he is also keenly aware of the problem:

The price of silver is too high!

As the saying goes, when things go wrong, there must be monsters. The price of gold has skyrocketed, and Carter can understand it. After all, gold is a precious metal anchored by currency. The stronger the inflation, the more valuable it is. Because the demand is large...

The national finance needs more gold to maintain currency credibility, and ordinary people also want to buy more gold to fight inflation and transfer the risk of currency devaluation. Therefore, no matter how gold rises in this year and month, even if Nixon announced a few years ago

Even Carter was not surprised that the U.S. dollar was decoupled from gold.

But silver doesn’t have this effect!