According to the usual response, the first step is to raise funds to fight this run. First, we declare that nothing happened.

The emergence of the US dollar crisis must not be known to the citizens at the beginning, otherwise it will cause panic, and once it spreads to all parts of the world, it will only make the US dollar crisis more unstoppable.

"Once the gold reserves increase, will there be appreciation pressure on the pound? You must know that our gold reserves in the UK also have more than 5,000 tons. If this time the results are good, there may be the old incident of the franc two years ago, and the appreciation pressure will increase." Increased trade pressure."

Alan Wilson does not think that spending a sum of gold is a good thing with no harm. Everything has two sides. The problems caused by the appreciation of the franc in France are not far away in the past.

Currency appreciation is related to many things, such as industrial scale, industrial quality, gold reserves and even political stability. The situation in the UK is good now, but it is still necessary to prevent it. The Ministry of Finance discussed the depreciation of the pound before. If the run this time forces the United States to bow its head, pressure for appreciation will come.

"According to Keynesianism, once the private demand is not strong, the country should take the lead. If the appreciation of the pound leads to a decline in the competitiveness of British products, maybe we should formulate some plans." Frank nodded slightly, which was also the consensus of the post-war economics circle.

"Keynesianism!" Alan Wilson pondered for a while, "There are two paths between foreign investment and industrial production. It seems that we can think about it and invest more in the military industry."

In fact, during the period of Harold Wilson in history, Britain faced the pressure of depreciation. What is the response plan of the Labor Party government? Nationalization, currency devaluation, military spending cuts, etc. And if there is pressure on the appreciation of the pound, for example, to find a way to resolve it, Alan Wilson is ignorant and unfortunately thinks of an arms race.

In other words, when the United Kingdom excludes Malaya, as well as Rhodesia, which is dominated by agriculture and animal husbandry, and Newfoundland, which has a gaming industry, its mainland is equivalent to a quarter of the level of a superpower, and counting the pound sterling area Then there is one-third of the influence of a superpower. The specific data cannot be calculated by simple addition and subtraction, but the foundation is still very good.

"The Royal Navy needs to upgrade its auxiliary ships, the Royal Air Force needs a new generation of fighter jets, and the Chieftain tank is also struggling to face the Warsaw Pact armored cluster." Alan Wilson tilted his head and asked, "How about investing in the military industry to relieve the pressure of appreciation? Maybe Let’s do this first, and then there will be a turnaround.”

"Looking at it now, Bangladesh should really intervene and invest to relieve the pressure of appreciation." Alan Wilson thought about it and felt that the third India-Pakistan war could also be an opportunity. It is a good thing that sixty million Bangladeshis are included in the British sphere of influence.

During the period of British India, the Kolkata industrial area was the textile center of the British Empire. In the 21st century, Bangladesh still relies on the textile industry for food.

It’s very simple. The industrial revolution started with the textile industry. The textile industry is not difficult for any country to get started. The start-up cutoffs of late-developing countries will choose the textile industry, such as Japan, South Korea, a certain big country, and Vietnam.

Like Bangladesh, which relied on the textile industry in the 19th century, the 21st century is also a place for the textile industry. In fact, there are many people. Not all countries open their books for the stars and the sea. Most countries do it to fill their stomachs, and the textile industry is perfect. It fits the category of filling the stomach.

Even in the current Kingdom of Egypt, the development of import substitution is centered on the textile industry. It is a labor-intensive industry. The demand is large and eliminated quickly, and it is an excellent industry for employment.

Generally, the most direct consequence of participating in a war is the hostility of the local people, but if it is a war between India and Pakistan, first of all, the Bengalis on the Indian side and East Pakistan are not of the same religion, while the Pakistani government forces are of the same religion but suppress the national consciousness of the Bengalis , the Bangladeshis of these two countries will certainly not have much favor.

This reduces the risk of the United Kingdom picking peaches to almost nothing, and there will be no scenes of the United States in Vietnam, Iraq, or Afghanistan.

To offend the local residents, India has finished replacing the UK with Pakistan. The UK only needs to intervene as a mighty and civilized teacher. Of course, this must first be guaranteed, and India must be frightened and let it Don't act rashly.

Nixon made an overseas call to Harold Wilson, hoping that Harold Wilson, in the name of prime minister, would play an important role in maintaining the international financial order, for example, taking out Britain's gold reserves.

Harold Wilson attached great importance to the request of the President of the United States, and specially invited the Secretary of the Exchequer James Callahan to discuss this matter, "Once the gold reserves are used to help the United States, it will bring inflation."

The currencies of all countries are linked to gold. Once the UK releases its gold reserves, this may not be a problem of the dollar, but a problem of the dollar and the pound.

Alan Wilson arrived later, and after listening to the discussion between the No. 1 and No. 2 figures in the UK, he said with a look of embarrassment on his face, "We don't even know who we are facing. In fact, many British banks have participated in this run. , even if we stop the banks from doing that, we can't stop the Germans, the Swiss, the Belgians, the Austrians, the Dutch, etc."

To be honest, in the era of Bretton Woods, European countries still had the ability to resist the United States, and France alone could make the United States very uncomfortable. Not to mention that Germany has driven far more countries than France. If Britain must stand firmly by the United States? Nothing more than one more corpse

"To be honest, no one can have such prestige and can stop the banks of various countries at this time." Alan Wilson said with a wry smile, "This is a flow of tens of billions or hundreds of billions of funds. Anyone who stands in the way, regardless of Whether it's the president or the prime minister, it will be easily crushed."

Alan Wilson can't do anything about it. He wants to tell the participants in the UK to stop now. There are policemen outside, and they may be shot in the back, and this is not the problem of the UK itself, but also other European countries.

"We can't stop anything, but if we try to stop it and fail in the end, we can still do it." Alan Wilson thought about it, "For example, the Prime Minister made a speech in the House of Commons that noticed the overheating of the economy. It means that the government is ready for the battle."

Ha Zhongtang can do this now, anyway, he is usually regarded as a Soviet spy in the eyes of many people, so don't even think about maintaining the special relationship between Britain and the United States at this time.

Can the less than 20 billion gold reserves in the United States withstand the next large sell-off orders?

The potential sale of bonds, not to mention the UK, even if the gold that has been mined all over the world is added together, it is impossible to achieve balance. Anyone who thinks that the UK can stop anything is a traitor.

But one day later, Washington notified the news that US Secretary of State Kissinger was going to visit London, expressing that the US hoped that the UK's IQ would not be online.

"What is this? Is the U.S. military retreating to fire flares on the British positions?" Alan Wilson muttered after hearing the briefing from the Ministry of Foreign Affairs, but even so, he could not delay his get off work.

The current situation is very clear. This time the US dollar crisis cannot be prevented by the forces on the earth, and the prevention is 100% buried with it.

"What promises can Kissinger bring this time?" Pamela Mountbatten was puzzled, but since Kissinger was going to come, he would definitely set out conditions.

"Maybe it's a blank check for Britain and the United States to jointly control the world's financial order." Alan Wilson pouted. "The Bretton Woods system has its own problems. Could it be possible that the United States can maintain it by giving some power? It is nothing more than two more years. This A realist secretary of state, while full of tricks, is not invincible."

Based on the memory of his previous life, Kissinger’s popularity in Alan Wilson’s mind is far higher than that of other US secretaries of state. He mainly accomplished two things. He had a good talk with Saudi Arabia~lightnovelpub.net~ and broke the Sino-US diplomacy is on the ice. The reason for the high popularity is because of the latter.

However, most Americans do not think that the work of Nixon and Kissinger is very decisive, which can be seen from the sharp decline of Kissinger's influence later.

During the Reagan period, Kissinger was already regarded by some people as the American representative of appeasement. A certain big country believes that I have contributed a lot to defeating the Soviet Union, otherwise you would not have won. Americans don't think so.

However, in Alan Wilson's view, the failure of the Soviet Union must be the main reason for its own problems. Compared with this main reason, the external factors of any country are not the main reason.

This time, the emergency visit started directly when the dusty Kissinger landed in London. Unsurprisingly, Kissinger came to London with the sincerity of compromise. The Romans thought of the Greeks again. At the critical moment, he did not laugh at Britain for being sentimental, but hoped that Britain could help diplomatically.

Harold Wilson certainly attached importance to Kissinger's visit, and expressed his willingness to work with the United States to resolve this crisis, at least in front of Kissinger.

"Washington and London represent the world order. In fact, as long as Britain concentrates its strength and copes with the difficulties with the United States, I believe the world order will not collapse." Kissinger said with sincerity, "We even think that Britain should Europe plays a greater role, and now under the threat of the Soviet Union, it should strengthen its military power in Europe. In fact, it is not a bad thing to give up some unimportant places."

"Why? Didn't say any conditions, and Britain still wants to take the colony in?" Alan Wilson sneered after hearing Wick's report, "It's better to be clear, I hope that Britain will withdraw its troops from the Middle East and let the protectorate in the Persian Gulf truly become independent. , giving all of Britain's influence in the Persian Gulf to the United States."