Oil is settled in Polygon, which means that the Allied Group has to use Polygon in large quantities in order to import oil, and banks of various countries have to use Polygon as reserve currency, so that Polygon is placed in the position of international currencies.
, and the Boston Empire will be able to rely on the exchange rate fluctuations of the Polish dollar, which will have a significant impact on the economies of various countries.
The most terrible thing is that the Boston Empire acts completely according to the contract without any violations. If the Allies repent, they will lose justice and cause considerable damage to the national image. If they start a war with the Boston Empire, they will violate their troubles.
Plan. At that time, although countries knew the impact of world currencies on the economy of various countries, how big was the impact? Since there was no precedent, they did not know that under the national strategic direction, they had to abide by the small actions of the Boston Empire.
.
The Allies Group was initially tied to the interests of the Boston Empire, but the Chinese Empire was unmoved at all. They first completely abolished their external oil imports and instead balanced them from NATO. In addition, the Chinese Empire Steel Industry Association
Chief, Gao Hongqi, who was in charge of mining negotiations with two mining companies, Bookerbuman and Rhodes, directly announced the suspension of negotiations, and all Chinese negotiators returned to China, and the Chinese Empire would no longer purchase any iron ore from the Boston Empire.
At the same time, the external sales share of special steel is reduced.
On the same day, the Chinese Empire announced that it had discovered an open-pit iron ore vein on Yizhou Island. The ore iron content exceeded 70%, and the initial estimate of the reserves reached 400 billion tons. At the same time, the Chinese Empire expanded its major occupations in the western region again.
Iron ore farms to supply iron ore within NATO.
Once the news of the Chinese Empire was announced, the Boston Empire was stunned. Iron ore is different from oil. Due to its wide use, oil, a new energy source, has always been in short supply internationally. Therefore, even if NATO no longer purchases oil from abroad, it will not have much impact.
The demand from the Boston Empire and the Western Continent alone is enough to eat up all oil production, but iron ore is different.
The only purpose of iron ore is to carry out steel smelting. Since the Western Continental countries and the Boston Empire were built earlier and the land area was small, the domestic demand for steel was not strong, which is also the scale of their steel industry and cannot be combined with
One reason for competition in the Chinese Empire.
More than 60% of the steel industry in the world are within NATO, and all the high-end special steels come from NATO. Now they are stuck, and the military industry of various countries will be greatly affected. Moreover, NATO, a large iron ore importer, is no longer
Importing iron ore is equivalent to giving two mining companies, Booker Buman and Rhodes, a fatal blow.
Bookerbuman and Rhodes were first shocked. In recent years, due to the continued growth of iron ore consumption in the Chinese Empire, the two mining companies have been desperately expanding their production capacity, but now all orders from the entire NATO have disappeared.
This has caused a serious overcapacity of the two companies.
The funds to be invested in expanding production capacity are definitely astronomical, so the cancellation of NATO orders is not just a problem of overcapacity. Due to the occupation of a large amount of working capital, the problem of breaking the capital chain is enough to make them bankrupt. The two companies operate the world iron mines
The super companies with stone prices were originally high, while the steel industry unions in the Chinese Empire just waved their hand, and in a blink of an eye they became poor people who were on the verge of bankruptcy, which greatly stimulated the Boston government.
These two companies are big tax revenue players in the Boston Empire, and are related to the survival of a series of industrial chains and have a great impact on the country. Therefore, the Boston Empire had to lend to it from the National Bank to maintain the company's operations and increase its steel industry.
The investment allowed them to digest more iron ore, but even so, the consumption of iron ore could not completely make up for the losses at once. The two companies had to cut production by half to cope with the crisis. Fortunately, the government supported
They are not completely bankrupt yet.
The large increase in production of steel plants can easily lead to overproduction, but because the Boston Empire introduced quantitative easing policies, various investments have emerged in large quantities. Banks lend money to a large number of people who want to start a business, allowing them to rely on the funds they have in hand to build the country.
This greatly promoted the consumption of steel and prevented steel enterprises from expanding production capacity, which was a coincidence.
The Chinese Empire was just watching the Boston Empire's approach of linking oil to the Boyuan. Lin Feng was very clear about the idea that countries in the Western Continent were in trouble. Therefore, after the Western Continent was forced to implement the Boyuan Empire this time, the Chinese Empire did not rely on its own oil.
Reserve plans to strike the Boston Empire.
After discussing with Fang Ruijun, Lin Feng and Fang decided that the Chinese Empire would not do anything in this matter, and watched the conflict between the Allies and the Boston Empire deepen, provoke war between the two sides at an appropriate time, and then build the Allies to attack the Boston Empire, so that they can weaken two at once.
An opponent.
Although the iron ore strategy for the Chinese Empire completely failed, the perfect success of the domestic quantitative easing policy and the oil wave-bundle bundling policy still allowed the Boston Empire to create a miracle in this year, and the GDP growth rate reached 20 for the first time.
%, the Boston Empire finally broke through the trillion mark with a GDP of 1.1 trillion yuan, and once again narrowed the distance with the Chinese Empire.
The Chinese Empire was unmoved by the crazy development of the Boston Empire and still improved its national strength at a stable speed. Even the parliament asked the government to implement quantitative easing policies to stimulate economic development, but it was rejected by Fang Ruijun.
It is also the greatest right given to the emperor in the Constitution.
Just when countries in the Western Continent were laughing at the stereotypes of the Chinese Empire and taking policies similar to those of the Boston Empire to stimulate their own economies, no one expected that a new economic crisis had been quietly planted.
Fang Ruijun saw the false prosperity of the Boston Empire and the follow-up actions of countries in the Western Continent, but did not issue any opinions. As Fang Ruijun, who was trained as a successor since childhood, Fang Xiaoyu has devoted a lot of effort to him.
Economics and finance are the most important courses besides the imperial arts. Fang Xiaoyu once explained the advantages and disadvantages of all the financial and economic development directions on earth to him one by one. He is more natural about quantitative easing policies.
No stranger to it.
He naturally knew this policy that could be called the atomic bomb in the financial world. It was precisely because it clarified its harm that when most members of Congress repeatedly proposed to implement the same policy in the Chinese Empire, he would try his best to suppress it.
He even used a veto power.
Many of the senior officials and congressmen were orphans who grew up with Fang Xiaoyu, and the others were close comrades who founded their foundation with Fang Xiaoyu back then. Although they were infinitely loyal to Fang Xiaoyu and Fang Ruijun was also obeying the rules, they were privately
I think Fang Ruijun's courage is not as strong as Fang Xiaoyu, and he is just a king who is in charge.
Fang Ruijun ignored the private discussions of ministers and lawmakers, but began to do everything possible to implement his own plan and strive to speed up the collapse of this policy. Therefore, at Fang Ruijun's suggestion, the Chinese Empire began to significantly adjust taxes, especially reduce luxury.
tariffs on products and various exquisite electronic products stimulate their large exports to various countries.
Originally, the Western continent was also a production place for luxury goods, especially Sardinia, Sardinia and Ladfense, the capital of the Nantes Empire, were both famous luxury goods. However, with the destruction of the war and various novel and luxurious Chinese Empire, the Chinese Empire, were all famous luxury goods.
With the rise of products, the two major luxury goods manufacturing bases are gradually being squeezed and shrinking, and the current situation is no longer as good as before.
Under Fang Ruijun's instruction, the Guofeng Consortium, led by his uncle Fang Dingguo and the Zhongxia Consortium, led by his grandfather Xia Yuhui, first began to expand the production capacity of luxury goods, which were exported on a large scale to the Boston Empire and countries in the Western Continent.
, earned a lot of profits from it.
Under the influence of quantitative easing policies, loan trends prevailed, and the people of the Boston Empire found that they became rich almost overnight. After all, they invested in a minority, although these invested in a minority accounted for the majority of people who invested.
Most of the bank loans are available, but there are still many ordinary people who think of enjoyment after they have money.
Under the flood of hedonistic ideas, various luxury goods from the Chinese Empire have become popular stars among these people. In the past, because of the high prices, ordinary people dare not care about high-end computers, TVs, washing machines, refrigerators, cars, etc., such as computers, TVs, washing machines, refrigerators, and cars that ordinary people dare not care about because of their high prices.
Products became popular very quickly.
Within just one year, the computer penetration rate of the Boston Empire and countries in the Western Continent exceeded that of the Chinese Empire. However, behind such prosperity, a large amount of funds were earned by the Chinese Empire, and these funds were transferred by several major consortiums of the Chinese Empire.
All kinds of resources were purchased and transported back to China.
Although the domestic economies of the Boston Empire and the Western Continental countries are becoming more and more prosperous, their hidden dangers are becoming increasingly greater. The economic prosperity caused by printing large amounts of money is false, because printing money cannot be carried out infinitely, in various countries
When the money printing machine was fully activated, inflation became more and more serious, and the Chinese Empire used various luxury goods and high-end electronic products to fuel the fire. By the beginning of 919, the inflation rate in various countries had reached an unbearable level.
The Grand Duchy of Sardinia could not withstand the first thing. The domestic prices soared, but the people were addicted to pleasure and unwilling to make progress. A large amount of wealth from the country was flowing out to the Chinese people who sold luxury goods, but the wealth created by the country could not catch up.
Consumption, in this case, they were forced to stop the money printing machine that had been operating with all their might, and the government also began to introduce a series of measures to cool down the economy.