The United States is a multi-racial, multi-skin, and multi-regional federal republic constitutional country.

Freedom and equality.

It is the foundation of the nation of the United States of America.

But it turns out that freedom and equality are a joke.

In the centuries-long history of the United States, racial discrimination and oppression have never ceased.

In 1882, the US Congress accepted the Chinese Exclusion Act submitted by Republican Senator John Miller.

This is one of the toughest restrictions on immigration in U.S. history.

The Chinese Exclusion Act banned Chinese laborers employed as miners from entering the United States for ten years, or faced imprisonment or deportation. Many Chinese were brutally beaten and killed simply because of their race.

When the Chinese are deprived of equal job opportunities and the rights to own land, business, education, etc., the activities of Chinese living in the United States can only be limited to the Chinese community.

Also known as "Chinatown".

They can only make a living by operating laundromats, restaurants, grocery stores and other lowly and arduous service industries.

Even after the Chinese Exclusion Act was repealed in 1943, the status of the Chinese in the United States remained very low.

In California, the Chinese ban on intermarriage with whites was not repealed until 1948.

In other states, similar regulations are still in place.

Until 1967, the U.S. Supreme Court unanimously ruled that the bill prohibiting interracial marriage was unconstitutional.

Zhao Jiangchuan has been abroad for so long, and he naturally knows how the upper classes in the United States treat the Chinese.

If the **** are treated as slaves, the Chinese can only be counted as second-class human beings.

In a celebrity gathering place like Wall Street, if you don't have enough pomp, in addition to being discriminated against, you may be arrested by the federal police for any reason.

Police arrests never need a real reason.

In order to avoid unnecessary contradictions and troubles, Zhao Jiangchuan's group's clothes are very in line with the trend of the upper class.

Zhao Jiangchuan was wearing a hand-made Anima suit worth hundreds of thousands of dollars.

He looked handsome in a well-tailored dark blue suit, spotless Egyptian cotton-white shirt and burgundy striped tie.

Ouyang Lan was wearing a pure white lace dress.

The girdle top showed her exquisitely concave and convex figure to the fullest, and the luxurious diamond necklace around her neck made her look graceful and noble.

Behind him, Li Jingming and Zhang Weitao were also wearing decent suits.

But the distance from Zhao Jiangchuan and Zhao Jiangchuan was maintained steadily, so that people knew at a glance that they were bodyguards.

People rely on clothes, Buddhas rely on gold.

Beneath wealth, racial distinctions are always subconsciously downplayed.

With the arrival of the group, it immediately attracted the attention of Andy Smith, the duty manager of the bank.

To be the lobby manager of Wells Fargo Bank, in addition to the necessary high-quality service, you also need to have a good vision.

In that outfit that was worth tens of thousands of dollars, the necklace around the woman's neck was worth hundreds of thousands of dollars.

This is a big client.

According to the clothes and temperament of Zhao Jiangchuan and his party, Smith immediately divided the customer level in his mind.

After Zhao Jiangchuan entered the hall, he quickly walked over.

"Hello, dear sir, I'm Andy Smith, the hall manager, may I help you with anything?"

Smith's posture was very low, and he leaned over to Zhao Jiangchuan with one hand on his chest.

Zhao Jiangchuan naturally wouldn't feel flattered about Smith's attitude, he answered casually.

"Hello, Mr. Smith, I need to buy government bonds. I wonder if you can help me."

In the United States, the national debt, of course, is the US national debt.

It refers to the national bonds issued by the U.S. Treasury on behalf of the federal government.

Since the issuer of treasury bonds is the state, it has the highest credit rating and is recognized as the safest investment tool.

According to the different issuance methods, U.S. government bonds can be divided into three types: certificate government bonds, physical bond government bonds, and book-entry government bonds.

Because of its high security, it is considered to be the most stable and reliable bond.

Therefore, treasury bonds are also known as "gilt-edge securities".

According to the different repayment period, government bonds can be classified into fixed-term government bonds and non-term government bonds.

Fixed-term treasury bonds: refers to treasury bonds issued by the state with a period of principal and interest repayment strictly stipulated.

Fixed-term treasury bonds can be divided into short-term treasury bonds, medium-term treasury bonds and long-term treasury bonds according to the repayment period.

This short-term to long-term, generally between one year to thirty years.

When it comes to investing, risk and reward are often relative.

Since treasury bonds are known as the most reliable investment tools, it also means that their returns are not too high.

Under normal circumstances, the interest rate on the 30-year U.S. Treasury bond is basically around 3.1%, and the yield on the 10-year U.S. Treasury bond is currently around 3%.

What Zhao Jiangchuan wants to buy this time is bearer-type 10-year treasury bonds.

Of course, Zhao Jiangchuan doesn't look down on the proceeds from government bonds.

However, there is a characteristic of U.S. Treasury bonds. It is very liquid and is purchased by governments of all countries.

Internationally, its value is equivalent to the US dollar.

In addition, treasury bonds have stable returns, so generally if you need cash urgently, you can almost mortgage treasury bonds to the equivalent local currency.

Because treasury bonds are bonds issued by the U.S. government, as long as the U.S. government exists, it must be redeemed according to the promised income with principal and interest after maturity.

Against this backdrop, U.S. Treasuries are nearly equal to the value of the U.S. dollar.

This is the only reason for Zhao Jiangchuan to buy US Treasuries.

As long as you hold a large amount of U.S. Treasury bonds, you can mortgage it into the local currency of other countries at will.

In addition to preventing exchange rate risks, it will also have certain benefits, and it can be sold in the market at any time.

Zhao Jiangchuan's answer to Andy Smith was not surprising.

The annual U.S. Treasury bond issuance is about $500 to 600 billion.

Basically, the United States has a weekly issuance of national debt.

The largest buyers of these treasury bonds are US institutional investors, US banks, and US individual investors, which account for about 60% of the issuance of US bonds.

In addition, they are all sold to governments or investors around the world.

Because in addition to stable income, treasury bonds are also a good tax avoidance tool.

In order to encourage investors to subscribe for treasury bonds, the US government stipulates that the interest income from the purchase of treasury bonds can be reduced or exempted from income tax.

This is undoubtedly very attractive since the gains on marketable securities must be included in the investor's total income and subject to income tax.

As a domestic bank in the United States, Wells Fargo is naturally one of the underwriting banks for treasury bonds.

In addition, American residents are very investment-conscious. Almost every day, there will be customers who come to the bank to buy government bonds.

As a bank account manager, Smith is very conscientious.

After confirming Zhao Jiangchuan's rating in his heart, his service is very good.

Although it is not servile ~lightnovelpub.net~, it is definitely the best service.

This is the purpose of the US banking industry, the customer is God.

After some chat, Smith asked again after learning about the types of national debt Zhao Jiangchuan wanted to buy.

"Sir, how much treasury bonds do you want to buy?"

This time, Zhao Jiangchuan did not answer.

He silently stretched out a finger.

a finger.

Smith probed.

"one million?"

Zhao Jiangchuan shook his head.

"Ten million?"

"No, a billion... dollars."