Life at the Top

Life At The Top Chapter 1847

Under the huge economic pressure, speed

of response of the officials in Washington

of the United States was amazing.

Just three hours after the opening, when

the exchange rate of the US Dollar to gold

had fallen by 0.3%, the United States

Department of the Treasury issued an

announcement.

“Within the next 30 delivery cycles, the

United States Federal Reserve Treasury

will release more than 800 tons of

national reserve gold to stabilize the

current US Dollar to gold exchange rate,

which is currently experiencing huge

fluctuations.

“The overall interest rate of the 20-year

treasury bond that is about to mature has

been raised by 5%.

“In the 30 trading days before the

maturity of the treasury bond, the bonds

will enter a blockade period and will not be tradeable.”

These three provisional bills made Jasper

frown.

“The first and second ones are still normal economic control policies, but are they going to play dumb with the third one?”

Normally, countries would not use political power to influence the economy unless it was a last resort.

This was because it looked bad in terms of

moral standing.

Who would dare to engage in your

country’s financial market in the future if

there was such a precedent?

Your government would throw out new

policies at every turn and flip the table

without abiding by the rules. Who would

dare to risk this?

forced the United States government to desperate measures, so they

shall we do now?”

asked

road to the national debt is

a blockade order makes all

impossible. Withdraw.”

looked at the Nasdaq

slightly and

2000 points

“Understand.”

order and

Capital’s massive funds

the

entered the Nasdaq

index.

of a stock

based on the proportion

number of large stocks

trading stock market.

to short the

Jasper had to do was smash all

big stocks.

a thing would be impossible

normal times.

collapse of

brought

crisis

impossible possible.

to bear

listed companies

physical industries and

specialized in finance.

companies relied on

the financial market to

market thrived,

of money, but

die in such a stock

crash.

arrival of JW Capital was the

proverbial

market, which

decline,

after JW

its spearhead.

was almost no resistance.

stocks on the market plummeted,

were directly blocked

list of decline.

financial disaster

never imagine

experienced it first-hand.

every minute and every second. There were only massive selling orders in the market but no

this, their sell orders

be traded.

they could only watch

price fall.

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