They will increase their purchase of gold.
Although there is already talk that once Franklin Roosevelt takes office, he will abolish the gold standard financial system.
But gold, in everyone's mind, has always been the most important guarantee for the banking industry.
After these pieces of information were released, Breton Bank's reputation was unmatched for a time!
As time reached mid-February 1933, just as Donnie had predicted.
The banking system in the United States began to collapse!
In the past year or two, local bank panics occurred repeatedly.
The Federal Reserve had no choice but to step in, and RFC funds were continuously injected, narrowly avoiding a total collapse.
Now, a new round of financial panic is starting, exceeding the capacity of these institutions to prevent its growth.
