British Civil Servant

v2 Chapter 1379: dollar crisis

"The U.S. dollar is still quite strong, but 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. It is not what we want to do to the United States now. In this way, it is nothing more than getting the last fortune."

While the Bretton Woods system allowed the United States to take advantage, it also restricted the United States. In fact, compared with the petrodollar, this is quite conscientious. There is no reason why Yingde can't 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 that of France. If the two countries join hands, the dollar bonds will be under unprecedented pressure to realize cash.

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

The foreign debt of the United States has far exceeded the value of the gold reserves of the United States today. This is 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 dollar too much, but more than two years later, everything is different again.

When a billion-dollar sell order appeared in the market, it marked the official start of the dollar crisis this time. After France was pushed down, challengers appeared again in the financial market. The European market suddenly became dark and turbulent, and signs of a run on gold for value preservation have already appeared.

The U.S. dollar reserves held by the governments of various countries can replace the U.S. gold reserves, so when the U.S. economy goes wrong, countries will sell U.S. dollars one after another to obtain gold. This is a double or even multiple blow to the U.S. economy.

After many efforts, the Ministry of Defense finally came up with a report on evaluating the Typhoon fighter jets. In the report, the order of 4.5 million pounds per aircraft was considered within the acceptable range.

As the secretary-general of the cabinet, Allen Wilson naturally wanted to avoid suspicion. He could not directly inquire about the Air Force's orders. After all, the manufacturer belonged to Pamela Mountbatten's industry.

The supreme authority can't do this kind of thing, so Ma Jinsi told the news to the richest woman, so that it has nothing to do with him.

This kind of deception is useless, but it must be done. The purchase price is quite high. One of 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. In the period when tanks were more expensive than fighter jets, it can also be seen from the current purchasing power of the pound.

This unit price is still three times that of the Soviet MiG-23. After all, the British pound is a strong currency. The cost of manufacturing in the UK is here, and it cannot reach the level of the Soviet Union. The unit price of 4.5 million pounds also exceeds that of Alan Wilson. In my memory, the cost of the 16 that just came out.

"This unit price is actually okay. In the eyes of countries with manufacturing capabilities, such things as arms are far less valuable than people imagine." Alan Wilson persuaded his wife that if everything goes well, they should not take too much from the British government. It's cheap, you have to know how to accept it when you see it.

The fundamental reason why the arms industry is considered a profiteering industry is that arms are not worth much at all, they are just expensive, and it is purely an industry of cutting leeks.

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

"Your military industry is positioned 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 dollars has the United States issued? This run Although gold has just started, won’t the United States find opportunities to retaliate in the future? The country is the power to protect you, don’t think about competing with the country for profit.”

Pamela Mountbatten opened her eyes wide, stared at her husband for a long time, and then muttered in disbelief, "You are so noble, it's amazing, it gave me a new understanding of you."

"I'm doing it for your own good." Alan Wilson changed the subject, "Your military enterprises have been reorganized and all employees hold shares, and you won't get much if you sell it expensively. It's better to be a trusted weapon supplier. The air force has a large amount of equipment, so the logistics support still depends on you? Don’t always think about the unit price.”

Maybe in the next forty years, Britain will rely on this fighter jet to support the scene. Isn't this much better than a one-shot deal? Alan Wilson also wanted to keep the purchase price down if possible.

"Hurry up and go to work!" Pamela Mountbatten pushed Alan Wilson. In the past few years, she found that her husband was more and more interested in letting her subsidize the country. What is this? Anti-Keynesianism? If the Keynesian economy is not good, the country will be on top, but if the country is in trouble, she will be on top? "I'm going to Hoxon Manor. I have some bankers to meet."

"Isn't it being renovated? Why do you want to go there? I hope those bankers are not too old, otherwise nothing will happen." Alan Wilson babbled like a gossip until he was pushed out of the room.

The Hoxon Manor is being renovated, and the door panels have just been painted. The pattern of the paint is completely imitated according to the grain and unevenness of the wood. The imitation is so similar that people can hardly distinguish it. Judging from the knock on the door just now, there was no doubt that under the bewildering paint, it was indeed a wooden door. As tall as a man, two round knots are painted side by side,

Much like two big eyes, to be more precise, much like a pair of glasses. These two circular tree knots are painted very finely, usually not so finely painted in this kind of art, but the painting technique is realistic.

These two circular tree knots have too perfect lines, which are almost impossible to exist in objective reality, and because the images of these two round knots are too harmonious, as if accidental phenomena must obey the law, they appear It's man-made.

It is, however, rather difficult to prove the apparent impossibility of such an image in nature by extracting individual details from the whole drawing.

"The actions of some British bankers are subverting the special relationship between Britain and the United States." Before resigning from office, Donald still decided to stand for the last shift and protested to a small group of British bankers who ran on gold. He believed that the British government should consider Think of ways to.

"Of course, we resolutely defend the special relationship between Britain and the United States." Alan Wilson assured with a blank expression, "Personally, I will do everything possible to maintain the unity between Britain and the United States."

The matter is naturally impossible, but the promise must be given. Alan Wilson suddenly asked in a low voice, "I heard that some veterans affected by Agent Orange hope to receive government compensation? Is there such a thing?"

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

"That's good, you're making trouble with tanks? Don't be polite." Alan Wilson said solemnly, "It's not like you haven't done it before. Isn't MacArthur an expert?"

The report on Agent Orange really made India stand out during this period. As big as India’s limelight, the United States will be ashamed. Nixon is a very face-saving person, 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 can be said to be quite embarrassing, which must have made Nixon very uncomfortable.

After Donald left, Alan Wilson picked up the microphone and asked the Permanent Undersecretary of the Ministry of Finance to come. When Frank came to the office of the cabinet secretary, he heard the complaint from the supreme authority, "Let me find a way? I can think of a way, maybe Americans think my head is worth 10 billion, even if I cut off my head~lightnovelpub.net~, it still can’t prevent the dollar crisis from happening.”

"The Americans may also feel the signs of the outbreak of the dollar crisis, so they hope that we will find a way." Frank smiled wryly, "But this is really beyond our capabilities."

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

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

After two years, the gold trading market has once again become the busiest place. As the largest gold trading market in Europe, London's financial status is unquestionable. The United States actually has gold in the UK to support gold trading. In the year when they ran on gold, they also attacked the London gold trading market.

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

Unlike two years ago, this time the United Kingdom itself was the main force running gold. The gold stored in London by the United States had been exchanged in a few days. Then this wave of dollars crossed the Atlantic Ocean and rushed towards the core countries of the Bretton Woods system. go.

The selling orders of US dollar bonds have already reached tens of billions, making the entire Federal Reserve panic. Compared with the run on the US dollar initiated by France two years ago, this time the US dollar crisis is more like a tsunami. No one knows the huge amount of US dollar bonds. Behind the scenes, how many countries' banks are involved.