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?

desperate measures, so they

what shall we do now?”

asked

road to the national

order makes all

impossible. Withdraw.”

the Nasdaq

and said, “Smash

by 2000

“Understand.”

order

massive funds

from the treasury bond

and entered the

index.

index of a

based on the proportion

of large stocks

trading stock market.

words, to short

had to do was smash all

big stocks.

a thing would be impossible

normal times.

collapse of

market brought about

crisis

impossible possible.

first ones to bear

those listed companies

physical industries

specialized in finance.

relied on sucking

of the financial market to survive.

market

a lot of money, but they

in such

crash.

JW Capital

broke proverbial camel’s

Nasdaq market, which

huge decline, began

after JW Capital

its spearhead.

no

the market

were directly blocked off

list of decline.

a financial disaster that

imagine unless

experienced it first-hand.

stockholders who held the stocks of these companies wanted to sell, but the price was falling every minute and every second.

this, their sell orders

be traded.

they could only watch the

price fall.

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