Silicon Valley

v2 Chapter 570: New model of Weiyuan currency

A few days later, on April 30, 2004, the President of Mozambique visited the Williams Empire. Henry couldn't be more clear about the purpose of his arrival. In order to show respect for the president of a country, Henry went to the airport to meet him.

"Welcome, President Martin Walter!"

Henry greeted him enthusiastically, and then asked him to go to the temporary office building in a black Rolls Royce with him. When entering the lobby, Henry knowingly asked: "President Martin Walter, I wonder if you are visiting the Williams Empire this time. What is it for?"

Martin Walter smiled and replied: "Your Majesty Williams, I did it for what you said last time in Mozambique!"

"Oh, it turned out to be this!" Henry "suddenly realized".

"Yes, after many discussions in the Mozambican parliament, it was finally decided that it is willing to use the U.S. dollar instead of the country's currency!"

"Oh, that's great, is it the same as Zimbabwe?"

"No, Your Majesty Williams, you may not have figured it out yet. What I mean is that Mozambique will completely replace its national currency with the U.S. dollar. What we want is not a loan. We hope that all the currency of the'Mozambique-Metica' will be used. In exchange for Weiyuan, I think that the money should be provided by the Williams Empire. The only thing left is that the Williams Central Bank prints more banknotes. We in Mozambique join the'Weiyuan' currency system, and we cannot let the Mozambican government pay William The Empire takes a loan and bears a huge debt, right?"

Henry nodded and said, "Go on!"

"In addition, we also hope that the Central Bank of Williams can establish a branch in the capital of Mozambique. The bank merges with the Central Bank of Mozambique. The full name of the bank is "Williams-Mozambique Central Bank". The supervision of the two countries, in this way, you don't have to worry that Mozambique will print money indiscriminately!"

"Well, this is reasonable too!" Henry asked, "Are there any requests?"

The words of the President of Mozambique are a bit like the development of the euro model, but they are a bit different because the Williams empire is strong enough to have the right to print money independently, and the "Williams-Mozambique Central Bank" would not be able to get William. With the approval of the Central Bank of the Empire State, it is also not possible to print money, so the initiative is entirely on the side of the Williams Empire. The issuance of the euro is negotiated by all member states.

Of course, in order to stabilize prices and prevent inflation, the Williams Empire will not print money casually, even if it prints money, it is based on market demand. As long as the Weiyuan does not depreciate and is strong enough, it will not cause any loss to Mozambique. Even if it is depreciated, there will be a "Williams-Mozambique Central Bank" as a backstop, and as long as it is reasonable and reasonable, Williams It is impossible for the empire not to agree to let Mozambique print money! In addition, for Mozambique, the U.S. dollar is almost equivalent to the U.S. dollar. Mozambique’s foreign exchange reserves are very small, and foreign advanced equipment cannot be bought at all. However, once the domestic currency is changed to the U.S. dollar, it can be purchased from William. Purchased by the Slovak Empire to accelerate the country’s rapid development. And because the same currency is used, it can greatly promote the development of bilateral trade.

It is in consideration of these factors that Mozambique made such a decision.

"We also hope that the Williams Empire can increase investment and cooperation in Mozambique and promote the economic prosperity of the two countries!" Martin Walter said.

"no problem!"

Henry smiled and stretched out his hand, "I hope our two countries cooperate happily!"

"Happy cooperation!"

...

The next day, Henry and Martin Walter signed an agreement.

This cooperation method, which is different from the euro but similar to the euro, shocked the world. Just after the Williams Empire and Mozambique held a press conference to announce, Zimbabwe came to the door and strongly urged that the previous cooperation method be replaced by this. As a result, the government does not have to bear huge debts, but also has the right to issue part of the "Weiyuan".

Of course, this model first requires a country to have strong economic strength as a guarantee. After the currencies of Mozambique and Zimbabwe are exchanged for the U.S. dollar, they will naturally take the money to the Williams Empire for shopping. If the Williams Empire cannot sustain it, Or it may lead to the collapse of the entire "Weiyuan" currency system. However, for the time being, there is no problem. Zimbabwe and Mozambique themselves are too small, and the two countries’ money combined makes the Williams Empire “can eat”.

On the surface, Mozambique and Zimbabwe took the money of the Williams Empire ~lightnovelpub.net~ and then went to the Williams Empire to shop. The Williams Empire was not only a loss or a loss. However, if you know how much money you spent on promoting the euro, you won't be confused. The cost from the issuance of the euro to the putting into use is as high as 160 billion to 180 billion euros. However, the benefits of the launch of the euro to the EU will be incalculable. Similarly, after Weiyuan became the unified currency of African countries, the value created was huge. Moreover, the Williams Empire also has the right to issue currency, which will affect the whole body, and will surely become the core of the community of interests of all countries, which will help Henry further control these countries.

In addition, to a certain extent, other countries using the power of the US dollar to consume in the Williams Empire are actually stimulating the economic development of the Williams Empire. The Williams Empire makes money and then purchases raw materials from these African countries. Production, thereby creating greater value. Of course, Henry will also strictly control the export of products in order to curb the crazy shopping activities of these African countries and stabilize prices.

At this time, after seeing this new way of cooperation, other African countries couldn't help but brighten their eyes and were ready to move, but at the same time there was a trace of worry, after all, they would lose the right to issue currency independently and be subject to the Williams Empire!

(To be continued.) (Silicon Valley Emperor...3939172)--(Silicon Valley Emperor)