When a truck loaded with goods drove into the construction site, Jim also said goodbye to Madison, who was about to start busy, and drove to the next location.

ht store in the south!

Squatting on the side of Highway 23, chewing a taco and staring at the passing cars, Jim felt mixed emotions.

On the one hand, after seeing these scenes, Jim psychologically admired Carter. Compared to the goodwill that he valued, Carter's current reputation in the local area was not very good!

As long as he doesn't twitch and takes the initiative to stand against these people, his words will probably be more effective than the governor or mayor in this three-acre land.

The fact that a businessman can do business like this is enough to make Jim admire him. And this kind of generous spending of money to boost the economy also made Jim see in Carter a kind of responsibility that big businessmen rarely have.

But on the other hand, the more Jim learned, the deeper his worries became.

Just like the law of conservation of energy, nothing can happen without a cost! Behind Carter's actions, the risks and costs are too great!

Feeling a little flustered, Jim finished the taco in his hand. Jim didn't dare to delay any longer, got in the car and went straight to Black Bank...

"Jim?! How did you..."

About a quarter of an hour later, Carter looked at Jim Rogers who suddenly appeared at the door of his office and rubbed his eyes in disbelief. But before Carter could finish his surprise words, Jim suddenly snorted coldly:

"You're really good! Carter, don't you enjoy being the chairman of the Douglas Fed, no, the United Savings of Central and South Georgia?"

With a teasing expression, Jim walked to the opposite side of Carter's desk and sat down. He grabbed the cigarette on Carter's desk unceremoniously, lit it by himself, and continued to say with gun and stick:

"You are engaging in quantitative easing, and you are trying to attract people from other places to enrich your own territory. You...you are really not afraid of continuing to play like this, and it will explode!"

"Huh? What, what are you talking about, why can't I understand it?"

Carter fished for his money and didn't understand what Jim wanted to express at all. What about the Central and South Federal Reserve Bank of Georgia, what quantitative easing, what the hell, this is all?!

"You...I mean you are doing these things now!

"

Carter's confused expression didn't seem to be fake, but this kind of sincere confusion made Jim feel even more angry:

"I know you are a savings banker, but if you don't know, I thought you were the head of the central bank! Look at what you are doing now, what is the difference between it and the central bank's regulation?!"

"Cutting interest rates to stimulate the economy, and then absorbing money from other places and putting it into the market... For Douglas locals, this money is completely over-issued currency. It is an amount of money that this place should not have at this point in time! This is quantification

It is loose and uses excess funds to forcibly interfere with the public market to affect the trend of LPR."

"The most important thing is that you, a small central bank, are still fighting against our big central bank! Singing against us! Who gave you the courage to do this?!"

Liang Jing... Bah!

"No, no, wait a minute... Jim, what on earth are you talking about? I still..."

Carter, who was recalling crazily that he didn't seem to have offended Jim in any way, became more and more confused in his mind as he listened. Is there something wrong with what he did...?

Of course there is a problem!

Carter himself actually knows very well that the current prosperity situation is a manifestation, or a bubble!

Bubbles created by force are like real estate.

There are about 1,700 dog construction workers, plus dog real estate, nearly 1,800 people, no, it should be said that the livelihoods of 1,800 households are all based on the bubble.

What will happen to these people after all the residential areas are completed?

Expatriation? It is a way out, but where can we absorb so many construction workers in other places now? This thing is completely different from the scattered ht stores.

If the small Gu construction team of dozens of people is spread out, it will not be competitive at all. But if you pull out a team of 1,800 people at once, it will be competitive enough, and then you will be boycotted by the local forces.

No matter whether you can get the job or not, even if you do, people will come to your construction site every now and then to cause trouble. They will beat, smash, steal, and beat them down with a combination of punches, but you still have no job!

What's more, only big cities can handle so many construction workers at once. And the demand there is no longer this kind of low-rise housing. They can easily give you entire skyscrapers with just these half-baked workers.

There are mediocre architects, do they have the ability to build tall buildings?!

But once there is no living, how to feed these people will be a big trouble!

"You...come here! Sit here and I will teach you a lesson! The most basic introduction to the economic system. What do you think is the basis of an economic system?"

Seeing that Carter still couldn't understand what he meant, Jim almost got angry at Carter.

It feels like someone who is obviously a noob, who is just messing around with the keyboard, and ends up... becoming a highlight material?! Where do you put these high-level faces?!

If he hadn't seen the high school textbooks on Carter's desk that he hadn't yet had time to put away, Jim would have had every reason to suspect that this guy was pretending to be a rookie, pretending to be a pig to eat the tiger, and deliberately amusing himself, a thirty-year-old family member...

"Basics? Money?"

No matter what Jim wanted to say, Carter immediately moved the small bench and sat next to Jim...

"Money? Then?"

Glancing sideways at Carter, Jim picked up a blank notebook on the table, then picked up a pen and started writing and drawing.

"The circulation of money is the foundation of the economy, and the core of money circulation is interest rates. Interest rates directly affect the liquidity of money. For example, when interest rates are high, deposit interest rates are high, and people are more willing to deposit money in banks; loan interest rates are high, and borrowing

Costs increase, so people will borrow less, and as time goes by, there will be less money to circulate!”

"And this is what I just said, the tone of the big central bank's actions!"

"I know this! I have been paying attention to the changes in the Federal Reserve's federal funds rate..."

Hearing this, Carter immediately raised his hands to show that he was not a completely confused loser...

"You know what the heck! The federal funds rate is just the overnight lending rate. That's the only thing the Fed can control! You should have noticed that when the interest rates first started to rise, the interest rates on the ten-year and twenty-year Treasury bonds both rose, right?"

"Yes, yes! I noticed it!"

If you want to say that the interest rate on government bonds has risen abnormally, then Carter will not be troubled. Because this issue attracted his attention at that time, and he probably knew that this was due to the market's lack of confidence in the Fed's interest rate hikes, and he still believed that high inflation would continue.

Continuous market reaction.

"Very good! Then you should understand that the Federal Reserve, including the central banks of various countries, actually cannot control the interest rates of medium and long-term loans. Well... you can simply understand the interest rate as the time cost of money!"

"That is, the natural attrition rate of a sum of money within a certain period of time. The original purpose of the interest rate is to protect the purchasing power of the money from loss! On the basis of this function, income is generated..."
Chapter completed!