The news of Nixon's U.S. cessation of fulfilling the obligation of foreign governments or central banks to exchange U.S. dollars for gold in the U.S. has left bankers in European countries stunned. Although they have been prepared in their hearts, this apparent default of delinquency has really emerged. Still a blowout to all participating countries.

In fact, this has been regarded as the disintegration of the Bretton Woods system. If the US dollar cannot be converted into gold, why should countries reserve US dollars? Where is the value of the dollar reflected?

"It's simple, buy private gold in the United States. Although the private gold stock is definitely not much, it is better than nothing. It's better to be quick, or when the United States finds this loophole, it will be filled immediately." Alan Wilson was not surprised. As expected long ago, the United States will not really see its gold reserves emptied.

What if there is a breach of contract? Can you beat America? Since it can't be done, it can only be left unchecked. The world is realistic after all, and starting from the position of strength is a well-known saying.

"Nixon's words are really straightforward." Pamela Mountbatten said in disbelief, still a little stunned, "Just so directly, the power to exchange gold is abolished. Now there are seven or eight billion dollars in funds. When he pours into the United States, he dares to default on his debts even if it is not a U.S. debt.”

"It may not be so straightforward. The United States will explain it in a while, but it will eventually default."

Alan Wilson explained, "The gold in the world can't be exchanged for seven or eight billion US dollars of funds. How can we not break the bill? Now it is serious to transport the exchanged gold back, and then according to the market price. Sweep the goods in the United States.”

Although Nixon cut the mess quickly, he would definitely find an opportunity to explain in the face of the surging accusations. Alan Wilson thought for a while and said, "It's time to find some representatives of the Middle East royal family to come to London as a guest. After finishing the matter at hand, Did I invite you or did you invite me?"

"It's up to me to do business affairs!" Pamela Mountbatten knew that it was more reasonable for her to come forward than her husband in public office.

"Okay, then you come and have a good talk with them, especially Bahrain, Qatar, they have a small population and are easy to buy. I will assist you when the time comes. After all, we still have troops stationed in the Persian Gulf. We will be very generous. Conditions, reaching an agreement will definitely not be a problem." Alan Wilson looked at the time, Nixon announced that he would stop exchanging gold, a year earlier than the original history.

Alan Wilson sighed a little, an era is over, and the United States can't bear the backflow of massive international dollars. distribution center. The so-called international dollar is actually the euro dollar.

The reason the UK can choose to sit on the sidelines is because of this, the Bank of England has ruled that Britons are not allowed to buy foreign bonds, except in US dollar bonds for "real investment" purposes in the strict sense of the word: in this strictly segregated market, the UK The pound held by people and the dollar held by foreigners, everyone is not guilty of river water.

Foreigners can do whatever they want in the completely unregulated US dollar capital market, and all activities in this market do not affect the domestic capital market in the UK at all.

The so-called real investment dollar is not a problem for British bankers. Any article is to prevent ordinary people, not real public servants.

Nixon will definitely make an explanation. Of course, this explanation is almost equivalent to the fact that Britain promised Kissinger and the United States to deal with it and did nothing.

Nixon's explanation was to appease the European countries' sense of betrayal afterwards, and that's all.

However, to say that now is the best time to start from a position of strength is not necessarily the case. The pound area has not been defeated, at least not completely, and the US dollar is far from the time to dominate the world.

Alan Wilson is waiting for MI6's information on the industrial assessment of European countries. Can we really achieve what later generations think you have and I have? If Europe can be like a big country, all countries can work together to achieve roughly all of them. Industry chain, the problem is simple.

To be honest, Alan Wilson is calculating when a big country will open, trying to find a place in the next few years for the pound that is under pressure to appreciate. The United Kingdom will definitely not allow the pound to appreciate rapidly. The capacity of the pound area is not as large as before, not to mention that whether it is appreciation or depreciation, if the speed is too fast, it will have an impact on the mainland.

Isn't there a saying in later generations that the soft sister currency will lose in the appreciation of the soft sister currency, and the soft sister currency will lose in the devaluation. Regardless of the appreciation or the devaluation, the country will always have a period of adaptation.

Nixon's announcement of the closure of the gold exchange channel has aroused strong repercussions in European countries, but Alan Wilson, like nothing, is ready to talk to the German guests about future development. This is also a physical task, but as cabinet secretary, it is also have to do.

Today's Germany is not twenty-five years ago, in the era when the Reichsmark was a waste of paper, cigarettes played the role of currency, and the US military naturally became the most scarce currency commodity.

They bought cigarettes from the Army Supply Co. at the price of one dollar, and they could be exchanged for all kinds of gold and silver jewelry worth thousands of Reichsmarks in the market. The U.S. military traded cheap cigarettes for the Germans' prized Leica cameras and grand pianos.

If he hadn't solved the urgent needs of the Germans at the beginning, the Americans would have been able to hollow out the defeated Germany with just cigarettes. If you don't believe me, ask the Hellmann family, if that's the case.

The biggest year for the settlement of the pound after the war was in the early post-war period. Of course, the same was true for the United States. The United Kingdom occupied 40% of the settlement share. The U.S. dollar surpassed the British pound by relying on the gold reserves of the United States, occupying the entire world.

Dear, this chapter is not over, there is another page ^0^52% of the settlement share. Twenty-five years later, the world is completely different.

France and Germany have recovered, and Japan has developed by virtue of its demographic advantages, and both the dollar and the pound have retreated to varying degrees. Britain should thank him for his hard work. The original historical pound has fallen to 20% and is still shrinking. Occupying the settlement ratio has already crossed with Mark.

After the franc was hit hard, Mark became stronger and stronger, and has become the main opponent of the European pound, not to mention that the Federal Republic of Germany is already the second economic power in Europe.

"After this cooperation, it seems that Mark will soon become an opponent of the pound." Alan Wilson lay on Pokina's lap with his eyes slightly closed, "I believe that many German bankers are celebrating now. Mark has never None of them have occupied such a large share of dissolution, and maybe the glory of the Fourth Empire is already imminent."

Pokina's face turned cold at random, and Alan Wilson apologized with a smile, "My dear, I was wrong, this is a metaphor, it doesn't mean anything, that's what it means."

For a moment, he forgot that the dragoon in front of him was really a Mao girl, and he would be instinctively uncomfortable with the metaphor of the Fourth Empire, so he quickly apologized.

"There are indeed many people who are very happy!" Pokina did not criticize too much, saying that what the man on her lap said was true, and the Germans were indeed looking forward to Mark's status in Europe. It is the idea of ​​many people to use Germany's economic strength to expand Mark's influence. "But since you have come to the door, it must not be so simple."

"Since you think that Mark has no enemies, you can try to buy oil from Iran. Isn't Germany a good relationship with Iran." Alan Wilson curled his lips, "Let's see what the consequences will be. To be honest, I am also looking forward to it. , I just don't know if Pahlavi has the guts."

Sterling can buy oil, which is purely a historical issue. It does not mean that Mark can do the same. Anyway, as soon as the Iraqi political strongman Saddam Hussein leaked out, the US military came to the door.

Although Alan Wilson is a key person, he doesn't know if the Germans have tried it during the Cold War. He almost suggested this with an instigating tone. If he is hammered by the Americans, wouldn't it be better?

"You're really full of bad water." Botkina bent down and stared into the man's eyes, then got up again and hugged the supremely intelligent brain, wrapping her white thighs in a death entanglement.

As a result of the United States defaulting on its debts, the ambassadors of various countries have become the busiest people, and they have been active to quell the anger of various countries. Paris, Bonn, Bressel, Armstrong, and Stockholm all have American ambassadors in the dust.

This is very disrespectful to the United Kingdom~lightnovelpub.net~ because the ambassador to the United Kingdom did not come forward to express apology, and it is not the fault of the United Kingdom for not being saved. Even if the United Kingdom joins, it will not change the final result.

Alan Wilson has something to say. The U.S. default on debts has caused chaos in the London trading market. Shouldn't the Americans express their apologies?

"Is the loss in the London trading market a little too much reported? Three hundred million pounds?" Alan Wilson asked Frank suspiciously, is there something tricky here?

"Secretary-General, many losses are intangible, market confidence, and investors' indecision, the long-term loss is far more than 300 million." Frank said in a strict sense, not only did not exaggerate, but also tried to take into account the assessment results of maintaining market confidence.

Got it, take out the long-term loss loan first! Just like Ukraine's economic aggregate is only over 100 billion, and it claims to have lost 600 billion US dollars.

"Well, we have indeed suffered huge losses, and the prime minister also needs such a thing to deal with possible accusations by the opposition party." Alan Wilson also acknowledged the loan loss, and plans to transfer it directly to the prime minister, in case Britain's economic growth has not been as good as expected this year, and there is an excuse to pass the buck.

Dear, this chapter is over, I wish you a happy reading! ^0^