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

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

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"Dear Prime Minister and Chancellor of the Exchequer, this time we are all committed to building a fairer monetary system and strive to satisfy all countries." Rockefeller expressed friendship just after meeting. After Nixon stepped down because of the Watergate incident, he became the successor president. Coinciding with the outbreak of the oil crisis, it was criticized by the Democratic Party.

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If nothing else, according to the current situation, Rockefeller should have no chance of being re-elected. Regardless of whether he favors the Republican Party or the Democratic Party, the polls believe that the Republican Party's defeat is set.

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Of course, it would be a lie to say that Rockefeller didn't get anything. Did Rockefeller's oil system make no money?

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Didn't the Anglo-American banking group, including Citibank, get huge benefits from the oil crisis?

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Alan Wilson stared blankly at the leaders of the United Kingdom and the United States, showing the special relationship between the United Kingdom and the United States. He couldn't help but feel nauseated. A new currency system must be established, but it may be fairer.

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Once the U.S. dollar is not pegged to gold, it can naturally print unlimited money without restrictions. The United States is not like a wild horse running a money printing machine. As long as the United States is in trouble, it will print. Of course, in theory, all countries can do this, it depends on whether others approve it or not.

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

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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, it is a U.S. dollar, and it is a credit currency.

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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 cede this crown to London, and gold will naturally be sold in pounds. When it comes to pricing, gold is naturally the currency.”

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"Mr. Secretary of State, after the demonetization of gold, what is the use of sterling to price gold? Or does the United Kingdom continue to maintain the gold standard? It is not impossible. In recent years, London has traded grain, and the gold reserves have reached 6,500 tons, and the Federal Reserve has not To eight thousand tons?"

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Alan Wilson replied with a smile, "Actually, the French also recognize the value of gold, and have been talking to London for a long time. They want to create a new currency for circulation in Europe. What do you think of this proposal?"

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"Sir can really make a joke." Kissinger replied with some embarrassment. "The British point of view can be completely detached from the world, rather than condescending and the French adopt a package of currency plans."

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

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

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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. The situation of the United States is similar to that of the Soviet Union in Eastern Europe. Military means to control Europe.

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"The rarity of gold makes it impractical to be linked to currency. If London does this, it will only consume the gold in its hands. It's like France in the time of Charles de Gaulle." Rockefeller wiped his glasses without rushing. "And this will only make the Soviet Union take advantage. The advantage of a sovereign currency is the right to speak. We don't recognize the value of the ruble, it has no value at all."

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"The main question is who has the right to speak." Since Harold Wilson was troubled by the Soviet spy's remarks, when he heard someone mention the Soviet Union in person, he always felt that the other party was connoting him, although it was a bit bad to be so suspicious. But he was used to it.

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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 affect his posthumous reputation, not to mention that the UK is not without cards now. , and can completely deal with the United States.

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In fact, the American mind is still guessing, that is, the British position expressed by the British representative Keynes at the Breton Conference, binding commodities. Thirty years later, it is now the United States that proposes.

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

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

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"I don't agree with the Secretary of State. If it is only in terms of production capacity, the United States seems to lag behind the Soviet Union in most data." Alan Wilson took out the national economic statistics of the Soviet Union in 1975. , Of course, this is not important, his next words are more important, "In terms of production capacity, the members of the European Community together are higher than the United States, am I right?"

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

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

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"Except for France!" Although Alan Wilson nodded, that was definitely not what he meant. At the critical moment, he once again pulled out the suspicious ally and used it as a gun.

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In terms of steel production capacity alone, Britain, France, and Germany, not counting British Malaya, have a production capacity of 80 to 90 million tons, which is only a millimeter between that of the United States.

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

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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 pound is far stronger than the franc and the mark, not counting Malaya at this time. effect.

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In another venue, 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 United Kingdom, France and Germany must occupy 100% of the special drawing rights. Fifty, in fact, the French demand 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 area and the franc area cannot be changed in a short time. ."

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

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

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The representative of the United States frowned slightly and said, "It turned out to be Sir Allen, but the United Kingdom supports Germany to obtain corresponding power and excludes Japan alone?"

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

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Alan Wilson slowly explained the UK's position, which was a bit racist, but it was the truth, "If France and Germany knew, the UK came a day earlier, was negotiating with the US, and wanted to spread the word. Saying that the UK can no longer represent Europe."

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"The British pound is freely convertible by law in 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.

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"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 run the petrodollar, but the biggest obstacle was the major British banks. Looking for the source eventually found a series of British banking groups including the Sarawak Development Bank.

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"The oil crisis doesn't seem to be a bad thing for the UK, and it also took the opportunity to use the oil surge as an excuse at the Commonwealth meeting to hold countries hostage to come up with a resolution recognizing that their currencies and the pound are freely convertible."

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

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Baimeng Book

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"But if most countries feel that this deal is a loss, then there may be no consensus. Dear Minister of Finance, do you think so?"

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Signing an agreement with the Commonwealth countries to freely convert the local currency and the British pound, isn't that what you learned from the French? The French were forcing African countries, but the British did not force the Commonwealth countries, but only made suggestions while taking advantage of the oil crisis.

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