Jamaica became independent in 1962, and the capital, Kingston, is ready to welcome distinguished guests from all over the world. Of course, these countries represent the strongest countries in the world. Their coming to Jamaica has nothing to do with the existence of Jamaica itself, but to formulate An international monetary system to replace the Bretton Woods system.

Soon after landing, Prime Minister Harold Wilson and Chancellor of the Exchequer Callaghan were warmly received by US President Rockefeller after Nixon and Secretary of State Kissinger.

"Honorable Prime Minister and Chancellor of the Exchequer, this time we are all committed to establishing a fairer currency system and striving to satisfy all countries." Rockefeller expressed his friendship just after meeting him. After Nixon stepped down because of the Watergate incident, he became the successor president. It coincided with the outbreak of the oil crisis and was criticized by the Democratic Party.

If nothing else, according to the current situation, Rockefeller should have no chance of being re-elected. Regardless of whether he is leaning towards the Republican Party or the Democratic Party, the polls believe that the Republican Party is doomed.

Of course, it would be a lie to say that Rockefeller got nothing. Didn’t Rockefeller’s oil system make money?

Didn't the Anglo-American banking consortium, including Citibank, benefit enormously from the oil crisis?

Alan Wilson looked at the leaders of the United Kingdom and the United States expressionlessly, showing the special relationship between Britain and the United States, and couldn't help but feel nauseous. A new currency system must be established, but it may be more fair.

Once the U.S. dollar is not linked to gold, it will naturally be able to print unlimited money without restraint, and the United States is not like a runaway wild horse starting a money printing machine. As long as the United States is in trouble, it will open India. Of course, in theory, all countries can do this, it depends on whether others approve it.

The United States is determined to get rid of the Bretton Woods system, which is precisely a manifestation of the hegemony of the US dollar. The United States is still constrained by the Bretton Woods system, but this time it will not be so easily constrained.

The United States can issue U.S. dollars at will and implement a floating exchange rate system. The U.S. dollar is no longer a U.S. dollar, but a U.S. dollar and a credit currency.

After both parties sat down, Kissinger directly expressed the sincerity of the United States, "In fact, London will become the largest trading market for gold in the future. New York will give up this crown to London, and gold will naturally be sold in pounds." Pricing, gold is naturally currency.”

"Mr. Secretary of State, after the demonetization of gold, what is the use of sterling to price gold? Or is it that Britain continues to maintain the gold standard? It is not impossible. In recent years, London has traded grain, and its gold reserves have reached 6,500 tons. Up to eight thousand tons?"

Alan Wilson smiled and asked, "Actually, the French also recognize the value of gold and have been talking to London. They want to create a new currency for circulation within Europe. What do you think of this proposal?"

"Sir can really joke." Kissinger replied with some embarrassment, "Britain's perspective can be detached from the outside world, rather than condescending and the French adopting a package of currency plans."

"That's the reason." Callahan nodded, and then changed the topic, "But it's nothing as a record, it mainly depends on what conditions the French can put forward. For example, if the new currency is still gold monetization, the European gold is stored in the London, the two sides maintain a fixed exchange rate, don't you think?"

Once Callahan's proposal is successful, Europe and the dollar basically have nothing to do with it. There is no doubt that this is poaching the corner of the dollar.

The new currency can also be called the euro. The euro is anchored by the British pound. Then Europe and the United States will become two economies. The control of the United States over Europe will be cut off in the economic field. Military means to control Europe.

"The rarity of gold makes it impractical to peg it to currency. If London does this, it will only consume all the gold in its hands. It's like France in the time of Charles de Gaulle." Rockefeller wiped his glasses, calmly He said, "And this will only make the Soviet Union take advantage. The advantage of a sovereign currency lies in the right to speak. We don't recognize the value of the ruble, so it has no value at all."

"The main problem is who has the right to speak." Ever since Harold Wilson was troubled by the remarks of Soviet spies, when he heard someone mentioning the Soviet Union in person, he always felt that the other party was connoting him. Although it is not good to be so suspicious, But he's used to it.

His prime minister is famous for his goblin remarks in Zurich. If he comes to a meeting and loses the value of the pound, it will simply affect his posthumous reputation, not to mention that the UK is not without cards , It is completely possible to deal with the United States.

In fact, do Americans still have to guess? It was the British position stated by Keynes, the British representative at the Breton Conference, which bound commodities. Thirty years later, it is the United States that proposes this.

Speaking of this, there is no need to hide anything. Rockefeller hopes that Britain can work with the United States to promote this sovereign currency system based on credit. Supporting the US dollar as the de facto international currency, in return, London, England, will become the financial center of Europe, on a par with New York, the United States.

"The U.S. dollar should be bound to commodities to stabilize its value, especially oil, which is also recognized by Saudi Arabia." Kissinger said that the United States already has the support of Saudi Arabia, and the United States itself is the world's largest industrial country, with energy and production capacity , this is a matter of course.

"I don't agree with the Secretary of State's opinion. If it is just a comparison of production capacity, the United States seems to lag behind the Soviet Union in most statistics." Alan Wilson took out the Soviet Union's national economic statistics in 1975 , Of course, this is not important, what he said next is more important, "In terms of production capacity, the member states of the European Community together are higher than the United States, am I right?"

Allen Wilson's words are fully supported by data. Steel, coal, automobiles, textiles, machinery manufacturing, etc., Europe is not weak, and the weakness lies in the energy field. But if Britain is on the side of Europe, Europe is not weak in this field.

"The United States is protecting Europe. I think London understands this best." Kissinger said calmly, "I think most Europeans also agree with this."

"Except for France!" Although Alan Wilson nodded, he definitely didn't mean that. At the critical moment, he once again pulled out suspicious allies as guns.

In terms of comparative steel production capacity alone, Britain, France and Germany, not counting British Malaya, have a production capacity of 80 to 90 million tons, which is within a hair's breadth of that of the United States.

At present, there are three countries with steel production capacity exceeding 100 million tons, the United States, Japan and the Soviet Union, but there are not only three countries in Europe, Britain, France and Germany, Luxembourg has 5 million tons, not counting Italy, whose industrial data is similar to that of the United Kingdom, and there are Spain, which has always been dissatisfied with Italy...

In fact, in terms of production capacity, the UK is behind Germany and France in Europe. The reason why it is better than these two countries economically is that the British pound is far stronger than the franc and the mark. At this time, Malaya is not included. effect.

In another venue, the representatives of the United Kingdom and the United States had a fierce confrontation, expressing their views on the international monetary system, "The United Kingdom must have 25% of the special drawing rights, and the three countries of Britain, France and Germany must occupy 100% of the special drawing rights." In fact, the French require 55%. Because many countries have just become independent and lack financial knowledge, it is not recommended to change the local currency system. The existence of the pound zone and the franc zone cannot be changed in a short time .”

"This is impossible. The powers of developing countries, especially oil-exporting countries, must be increased accordingly. If the pound zone and the franc zone still adopt barriers to prohibit the free circulation of currencies, the current share is simply not enough, and Japan's industrial scale will not give it to Japan at all." Equity is very inappropriate."

"What's inappropriate, Japan needs the protection of other countries." Alan Wilson walked into the formal negotiation venue, "In this way, since rights and obligations must be linked, I suggest that Japan increase its military expenditure to 3% , to establish its own land, sea and air system, so that it can play a greater role in defending the free world. Only in this way, the corresponding distribution will take Japan into consideration."

The representative of the United States frowned slightly and said, "It turned out to be Sir Allen~lightnovelpub.net~ But the United Kingdom supports Germany in obtaining the corresponding power, so what if Japan is excluded alone?"

"Germany is a European country, Japan is not. They have black hair and black eyes, and we are not a civilization."

Alan Wilson slowly explained Britain's position, which was a bit racist, but it was true, "If France and Germany knew that Britain had come one day earlier, it was negotiating with the United States, and they would spread the word that Britain could no longer represent Europe. "

"The pound is freely convertible under the laws of the Commonwealth of Nations." Alan Wilson walked beside the British representative. The representative gave up his seat directly, and Alan Wilson sat down and said.

"It turned out to be the husband of an oil tycoon." William Edward Simon also came in. As the US Treasury Secretary, he visited Arab countries after the oil crisis broke out, hoping to put the petrodollar into operation, but the biggest obstacle was the major British banks. Searching for the source finally found a series of British banking groups including the Sarawak Development Bank.

"The oil crisis does not seem to be a bad thing for the UK, and it took the opportunity to use the oil surge as an excuse at the Commonwealth meeting to force countries to come up with a resolution to recognize that their currencies and the British pound are freely convertible."

"This? Isn't it the same as the current US goal?" Alan Wilson made an embarrassing expression, but it didn't mean that at all. "It's just sharing the risk. The economy is fragile and deserves careful maintenance by all member states."

"But if most countries feel that this deal is a loss, then it may not be possible to reach a consensus. Honorable Minister of Finance, do you think so?"

Signed an agreement with the Commonwealth of Nations on the free exchange of local currencies and British pounds. Didn't you learn from the French? The French were coercing African countries, but Britain did not coerce the Commonwealth countries, but only made suggestions while taking advantage of the oil crisis.