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?

so they started

shall we do now?”

asked

road to the

order makes all

impossible. Withdraw.”

looked at the Nasdaq

slightly and said,

2000 points

“Understand.”

received the order and

massive

the treasury bond

and entered the

index.

index of a stock

on the

large stocks

trading stock market.

other words, to short the

had to do

big stocks.

a thing would be impossible

normal times.

collapse of

brought about

crisis

impossible possible.

ones to bear

those listed companies that did

physical industries

specialized in finance.

companies relied on

of the financial market to survive.

financial market

lot of money, but they

first to die in such

crash.

of JW Capital was

proverbial

market, which was already

decline,

JW Capital

its spearhead.

was almost no

on the

were directly blocked off

list of decline.

financial disaster

imagine unless

experienced it first-hand.

was falling every minute and every second.

this, their sell orders could

be traded.

could only watch

price fall.

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