Vol 3 Chapter 7: , The Fed?

Ferdinand loves feathers, and even if he wants to win the coinage to strengthen the economic control of the government, he will definitely not take the lead!
If forced to pass with Ferdinand's prestige, even this time he has no selfishness. In the future, a lot of conspiracy theories will be interpreted, which is not conducive to the rule of his descendants!
This kind of thing is more suitable for a private company such as United Bank, although it is only a vest, but on the surface, United Bank also represents more than half of Bulgaria's business community!
Moreover, private banks have the right to mint coins, which is not news in Europe at all, and everyone is used to it.
"Mr. Victor, this matter involves a lot of issues, and I can't answer you right now! But I want to know, how much gold can your bank make this time as a reserve? This is very important!" Kennedy said seriously
Obviously in his mind, Kennedy has accepted this proposal. As long as United Bank can really bring out enough gold, it is not impossible for them to join in!
Victor thought about it and said, "Within a month, Union Bank can take out ten tons of gold, within six months we can take out 20 tons of gold, and within one year we can raise more than 30 tons of gold, basically the same as the current government The gold reserves are comparable! "
That's right, the gold reserves in Union Bank are now less than ten tons, but this does not prevent Victor from bragging! Businessmen, when they talk about business, they naturally have to raise their prices!
As for whether Union Bank can take out so much gold behind, Victor is not sure, but the boss behind has given a commitment, he dare to say it.
As a manager of United Bank for so long, Victor can roughly infer that there must be a large force behind United Bank, specifically, which side, his curiosity is not so heavy.
Kennedy was shocked at Victor's words. If Victor had said before: "Take out the same imperial reserve as the government", he doesn't believe it, but now he does!
At least ten tons of gold are now in the United Bank, otherwise Victor would not dare to make promises!
The Bulgarian government is very strong. If you dare to deceive the government, even if the back bank of the United Bank is very hard, you will not be able to eat it, at least the governor of Victor will be bad luck!
Kennedy looked admired and said with anticipation: "Mr. Victor's amazing, I can see that, but within a few years of the establishment of the United Bank, it has already been one of the three major banks in Bulgaria, not without reason. , Your ability is indeed admired!
In contrast, the Bulgarian National Bank is a long way off! Now, on behalf of the Bulgarian Ministry of Finance, I would like to invite you, and I hope that Mr. Victor will assume the post of President of the Bulgarian National Bank. I wonder what is his intention? "
Victor suddenly stunned, what is this operation? Originally talking about business, now how can it become a digging?
However, looking at Kennedy's expression did not seem to be telling lies. Is the position of President of the Bulgarian National Bank tempting?
For Victor before, there must be. Now, I have become the president of United Bank and I am not so keen on that position!
"Thank you Mr. Kennedy for your kindness, I'm sorry! I've had a good time at United Bank and have no plans to change jobs!" Victor shook his head and refused.
Kennedy sighed and tried hard to say, "Hello, you are worried about the internal ribs of Union Bank! You can rest assured that this time the government has decided to crack down on them!
If you are the president, the Ministry of Finance can authorize you to handle all the affairs of the bank, even if you dismiss all your current employees! "
Victor's eyes brightened, and then they sank again.
The Bulgarian National Bank does have a lot of advantages. If he is the president, restructuring the system, I believe that this old bank will soon be rejuvenated!
Unfortunately, there are too many bad things in government enterprises, especially established ones! It is definitely not that one or two days to want to go to Shun Shun. Rather than fighting with each other every day, it is better to work at United Bank!
"Sorry, I have limited capacity, and I can't help the National Bank!" Victor thought about it
Kennedy smiled awkwardly and said, "It's difficult to be a strong man! The problem of the Bulgarian National Bank is not a day or two. Even if the government has remedied it twice, it still hasn't changed much!
Alright, let's continue our previous topic!
Regarding the issue of United Bank's participation in the currency bank, I have passed the scope of authority that I can decide, and I can't do it alone!
After I go back, I still have to hold a meeting of the Ministry of Finance. If it is approved, I have to report it to the cabinet before I can make a final decision!
However, I think Mr. Victor can prepare gold, and even if the cabinet fails, we are willing to pay a high price! "
...
Victor Kennedy was sent away, and Victor smiled, knowing that it was almost done.
For the Bulgarian government, as long as it can meet the domestic currency circulation, it is not unacceptable to distribute a part of the coinage right.
There are many such examples in the world. Just think about the Federal Reserve. People in the United States simply divided the money from the government!
Of course, even if international capital is involved, no country is willing to have foreign forces to participate in its own currency business. Now Greece is the opposite example. After the currency collapse, the powers had to be assisted to restore their currency values, so that the European powers were completely in power!
Kennedy returned directly to the Treasury Department and held an emergency meeting without going to the Royal Bank.
With the current Bulgarian economic volume, even if it adds another billion levs, it can be easily digested in the market!
But the required gold reserves are simply not what the Bulgarian government can solve now, even with the Royal Bank!
Only when the three major branches of Bulgaria are united, can they be reluctantly resolved! If there is no Union Bank to join, there will be a huge golden gap!
"I just went to United Bank and they have a lot more gold than we expected, with at least ten tons of reserves!
If you give them time, they can even raise 30 tons of gold in one year!
But they also put forward the conditions, and Union Bank wants to join the currency bank! "
When Kennedy's words fell, everyone was shocked. I didn't expect that the United Bank of China had such a strong strength. From this, we can infer that the Royal Bank's gold reserves are definitely not low!
The director of the currency department looked dark, which was definitely not good news for him! If United Bank joins in, then Royal Bank will definitely join in.
With the addition of two shareholders, the rights of the Monetary Secretary will definitely be limited by then! But now the Bulgarian bureaucrats have not been completely corrupted, and he has not directly opposed it for the right in his hands!
After thinking calmly, the director of the Currency Division unexpectedly said: "I have no objection to the joining of United Bank, but the exercise of currency must be firmly controlled by the government! Is there any way to ensure that United Bank is not international Capital holdings? "
Kennedy hesitated, and then reacted, and now the Bulgarian government has no more choices.
Rather than let foreign currencies occupy the Bulgarian market, teach yourself to control, at least the coinage government can control!
That being the case, there is no need to object to United Bank joining the currency bank. On the contrary, it is more important to ensure that United Bank is penetrated by international capital!
Of course, everyone did not mention the Royal Bank. The strength of the Ferdinand family is unquestionable, and they do not think that any international power can control the Royal Bank!
At this time, the director of the tax department said: "To ensure the purity of the United Bank, we can restrict it by introducing laws.
For example: Ban all banks with foreign investment background, plus currency bank! Or restrict international capital directly into joint banks! "
Kennedy thought it over and said sharply, "Well, if there is no other proposal from other people, we will vote directly! Now we have very little time and we don't have more time to discuss slowly!"
...
The result is self-evident, there is no better way, usually everyone will not object, this is also the characteristics of Bulgarian bureaucrats!
The clear stream who oppose to oppose, there is no place for the Bulgarian government! Now any government decision, you can oppose, provided that you can come up with better strategies to solve the problem!
This is the atmosphere that Ferdinand has been trying to create. Anyone in the government can come up with better strategies. Even if the cabinet has already made a decision, you can modify it!
This kind of thing has grown a lot, and everyone is used to it. Anyway, there is a more suitable way to change ~ EbookFREE.me ~ has become the normal state of the Bulgarian government. This is true from top to bottom, and there is nothing to be ashamed of!
Kennedy was very efficient and was approved by the Treasury that day. The next day, it was submitted to the Cabinet for consideration. In the evening, the proposal was passed to Ferdinand!
Of course, there are also a bunch of restrictions on joining the bank, such as: participating banks prohibit all international capital from entering the board of directors; participating in bank-owned equity transactions, more than one percent, must be reviewed by the Ministry of Finance ...
Ferdinand looked at it. There were no existing problems. He signed the proposal with a big name, and the famous "Fed" in later generations appeared like this!
The specific participants have not been finalized, but now Bulgaria has the ability to participate. Except for Union Bank and Royal Bank, local financial institutions have no climate. This kind of scene is not something they can join in!

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