typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 1,379 Dollar Crisis

"The U.S. dollar is still quite strong, but as far as over-issuance of currency is concerned, the monetary policy based on the gold standard is enough to make the United States fail. In fact, we all know that the U.S. dollar will fail sooner or later. To attack the United States now is not to do what we want to do to the United States.

This way, it’s nothing more than making the last profit.”

While the Bretton Woods system allowed the United States to take advantage, it also restricted the United States. In fact, compared with petrodollars, this is quite conscientious. There is no reason why Britain and Germany cannot win if they act together.

Pamela Mountbatten nodded. This time Britain prepared a large amount of U.S. Treasury bonds and Federal Reserve bills to block the financing channels of the United States. As for Germany, Germany's economic strength is far stronger than France. When the two countries join forces,

US dollar bonds will be under unprecedented liquidity pressure.

"It has nothing to do with me, you are the professionals." Alan Wilson yawned, "I still care about how to serve the public. I hope you and Germany get what you want."

Today, the foreign debt of the United States has far exceeded the value of the United States' gold reserves. This is all the result of the Vietnam War. Such an unbalanced ratio actually only lacks the first person to shoot.

It's just that France was a little too hasty and underestimated the fragility of the US dollar. However, more than two years later, everything is different again.

When a billion-dollar selling order appeared in the market, it marked the official beginning of this dollar crisis. After France was suppressed, a challenger appeared again in the financial market. The European market suddenly became undercurrent, and runs

Signs of gold’s value preservation have emerged.

The U.S. dollar reserves held by various governments can replace the U.S. gold reserves. Therefore, when the U.S. economy encounters problems, countries will sell U.S. dollars to obtain gold. This will not only lead to a significant reduction in U.S. gold reserves, but also promote high inflation in the U.S. economy.

Coming, this will be a double or even multiple blow to the U.S. economy.

After many efforts, the Ministry of National Defense finally produced a report evaluating the Typhoon fighter jets. The report concluded that an order of 4.5 million pounds per aircraft was within the affordable range.

As Cabinet Secretary, Alan Wilson naturally had to avoid suspicion. He could not directly inquire about orders from the Air Force. After all, the manufacturer belonged to Pamela Mountbatten's industry.

The supreme authority Qingfeng Liangxiu could not do such a thing, so Ma Jins informed the richest woman about the news, so that it had nothing to do with him.

This kind of deception is of no use, but it must be done. The purchase price is also quite high. One of the items in the army's bidding for new tanks is that the unit price cannot exceed one million pounds, although it is no longer World War II.

During that period, tanks were more expensive than fighter jets, but this also shows the purchasing power of the pound today.

This unit price is still three times that of the Soviet MiG-23. After all, the pound is a strong currency. The cost of British manufacturing is here, and it cannot be as high as that of the Soviet Union. The unit price of 4.5 million pounds is also more than Alan Wilson.

In my memory, the cost of the F16 that just came out.

"This unit price is actually okay. In the eyes of countries with manufacturing capabilities, things like arms are far less valuable than people think." Alan Wilson persuaded his wife not to take up too much of the British government if everything goes well.

It’s cheap, but you have to know how to accept it when it’s good.

The fundamental reason why the arms industry is considered a huge profit industry is that arms are actually not valuable at all, they are just sold at a high price, and it is purely a leek-cutting industry.

"If this were the case in the United States, I think 20 million US dollars for a plane is not too much, right?" Pamela Mountbatten looked at her husband angrily, "Don't you know how poor you are? You have to support so many employees."

"The positioning of your military industry is to protect other industries." Alan Wilson replied with a calm expression. "It's okay to mention other countries, but don't mention the United States. How many US dollars has the United States issued? This is a run.

Although gold has just begun, won’t the United States look for opportunities to retaliate in the future? The country is the force that protects you, so don’t think about competing for profits with the country.”

Pamela Mountbatten stared at her husband for a long time with her eyes wide open, and then murmured in disbelief, "You are so noble, so surprising. It gave me a new understanding of you."

"I'm doing it for your own good." Alan Wilson changed the topic, "Your military industry company has been reorganized and all employees have shares. If you sell it at a high price, you won't get much. It's better to be a trusted weapons supplier.

The air force has a large amount of equipment, so don’t we still have to rely on you for logistical support? Don’t always consider the unit price.”

Maybe in the next 40 years, Britain will rely on this fighter to support the situation. Isn't this much better than a one-time deal? If possible, Alan Wilson also wants to lower the purchase price.

"Go to work quickly!" Pamela Mountbatten pushed Alan Wilson. In recent years, she found that her husband was increasingly thinking of letting her subsidize the country. What is this? Anti-Keynesian? Keynes

The socialist economy is not in good shape and the country is at the top of the list. But now that the country is in trouble, she is at the top of the list? "I went to Hoxon Manor and there are a few bankers I want to meet."

"Isn't it being renovated? Why do you think of going there? I hope those bankers are not too old, otherwise nothing will happen." Ellen Wilson rambled on, like a talkative woman, until she was pushed out of the door.

Hoxon Manor is being renovated, and the door panel has just been painted. The pattern of the paint is completely imitated according to the texture and concave and convex of the wood. The imitation is so similar that it is almost impossible to tell the difference. Judging from the sound of the door just now, there is no doubt that the door panel is.

Under this confusing display of paint, there is indeed a wooden door. At the same height as a person, there are two round tree knots painted side by side.

It looks like two big eyes - to be more precise, it looks like a pair of glasses. The two round tree knots are painted very delicately, and are usually not painted so delicately in this type of filled art.

; but the painting technique is realistic.

This chapter is not over, please click on the next page to continue reading! These two round tree knots have too perfect lines, which are simply impossible to exist in objective reality; and because the images of these two round knots are too coordinated,

It is as if accidental phenomena must obey laws and therefore appear to be man-made.

However, it is also quite difficult to extract individual details from the entire pattern to prove that such an image is obviously impossible to exist in nature.

"The actions of some British bankers are subverting the special relationship between the United Kingdom and the United States." Before leaving office, Donald decided to stand up for the last time and protested against the actions of a small group of British bankers to squeeze gold, believing that the British government should think

Think of ways to.

"Of course, we resolutely defend the special relationship between Britain and the United States." Alan Wilson promised expressionlessly, "Personally, I will do everything possible to maintain the unity between Britain and the United States."

Of course, the thing couldn't be done, but the promise had to be given. Alan Wilson suddenly asked in a low voice, "I heard that some veterans who were affected by Agent Orange want to receive compensation from the government? Is this true?"

"Sir Wilson." Donald was like knocking on the table. He was here to protest, not to explain the difficulties facing the United States. "The president will take care of this matter."

"That's good. If you can make more noise than a tank? Just suppress it if it needs to be suppressed. Don't be polite." Alan Wilson said solemnly, "It's not like you haven't done it before. Isn't MacArthur an expert?"

The Agent Orange report really made India a big hit during this period. As much as India was in the limelight, the United States would be disgraced. Nixon was a man of great dignity, otherwise he would not have debated with Khrushchev. Now the United States uses chemical orange. The drug produced a large number of deformed children, and also affected many soldiers. It was quite humiliating, and this must have made Nixon feel very uncomfortable.

After Donald left, Alan Wilson picked up the microphone and asked the Permanent Secretary of the Treasury to come. Frank came to the Cabinet Secretary's Office and heard the supreme authority complaining, "Let me think of a way? What can I think of? Maybe Americans think my head is worth 10 billion. Even if I cut off my head, I can't prevent the dollar crisis from happening."

"The Americans may have sensed the signs of a dollar crisis, so they hope we can find a solution." Frank smiled bitterly upon hearing this, "But this is really beyond our capabilities."

"Even if we can control the UK, can we control other European countries?" Alan Wilson curled his lips, "As for the result, I believe everyone can see it in two months at most."

The first U.S. bond to be sold is like a ripple appearing in a pond. Its appearance makes the pond no longer calm. Sometimes facing the majestic snow-capped mountains, just shouting can cause the earth to collapse. The United States hopes to avoid the dollar The hope of a crisis was finally shattered by the cruel reality.

After a lapse of two years, the gold trading market has once again become the most lively place. As the largest gold trading market in Europe, London’s financial status is unquestionable. The United States actually also has gold placed in the United Kingdom to support gold trading, so France is In the same year as the run on gold, they also launched an attack on the London gold trading market.

This time, the trading volume of the London gold trading market quickly exceeded the usual trading volume. The next day, gold trading doubled again, and at the same time, bonds from various countries also flew in like snowflakes.

Unlike two years ago, this time the UK itself was the main force in the run on gold. Within a few days, all the gold stored in the United States in London had been exchanged. Then this wave of US dollars crossed the Atlantic and headed towards the core countries of the Bretton Woods system. go.

The selling orders of US dollar bonds have reached tens of billions, causing the entire Federal Reserve to panic. This US dollar crisis is more like a tsunami than the run initiated by France two years ago. No one knows about this massive amount of US dollar bonds. Behind the scenes, how many countries’ banks are involved?

This chapter has been completed!
Previous Bookshelf directory Bookmark Next