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Chapter 616 Financial Dispute

() The most important manifestation of world hegemony is not the country’s size and population, nor even its economy and military. The most important manifestation is financial hegemony. Whichever country’s currency can become the international settlement currency will undoubtedly be the world hegemon.

In a modern country, the government holds the power to mint coins, and will also rely on this power to collect seigniorage taxes. Once it becomes an international settlement currency, it will wait for this country to collect seigniorage taxes from the whole world, especially in the era of paper money.

, a thin piece of paper itself has almost no value, but it can buy various goods.

After becoming an international currency, it means that just by printing pieces of colorful paper, you can exchange for the hard-earned money of people in other countries. The benefits are simply unimaginable. At present, the pound is still the main international settlement currency. As of the end of World War II

, this figure still remained at about 40%.

The Americans and the British have the same roots and species, and have the deepest understanding of each other. The Americans naturally know the purpose of the British becoming the world's leader, and they also know why this small island country is desperately developing its navy. Because only the most powerful navy can control international waterways, and then control the world.

Trade . . .

After taking control of international trade, the ultimate goal is to push the pound to the status of an international currency. With this privilege, the British can comfortably make a fortune by printing pieces of paper. The United States has long been salivating over this, and it is so rare.

The British Empire is no longer worthy of world hegemony, and the new financial dominance must be handed over to the United States.

The reason why Roosevelt dared to do this was because of strong support. At present, the United States' manufacturing output value is close to 40% of the world's, and its gold reserves exceed 70%. It has unparalleled economic advantages.

For comparison, after years of hard work, China's manufacturing output has exceeded 13%. In addition, there is a problem of undervaluation of Chinese goods. The actual output can exceed 15%. But even so it is not

Half that of the United States. And the gap in technical level is even greater.

This is true for China, and even more so for other countries that were seriously affected by the war. The United Kingdom has already dropped to below 5%, and the Soviet Union fell due to large-scale industrial areas. The manufacturing industry only has a pitiful 3%. Roosevelt holds an unparalleled advantage.

Only then could they dare to directly force the British to give up their financial hegemony. The U.S. dollar would replace the British pound as the world currency.

Everyone present was a top talent. Everyone knew clearly what Roosevelt had planned, but his thoughts were completely different. Stalin was the most relaxed. He had long proposed that the planned economic system and the market economic system were two parallel systems.

The lines never intersect. The Soviet Union’s share of international trade was pitifully small, and it was all in its own small circle. Therefore, Stalin had no worries at all. He looked like he was watching a good show. He wanted to see

How do these ugly capitalist countries compete?

Churchill's reaction was the most intense. Roosevelt was stabbing him. Lao Qiu usually obeyed Roosevelt as much as possible, but at this critical moment he had to argue with Roosevelt.

"Mr. President, the pound is very strong and widely accepted by the world. I think there is no need to rashly change the international trade order. This will only make it impossible for most countries to adapt!"

"Mr. Prime Minister, I'm sorry to tell you that a large number of counterfeit British pounds have appeared on the market. The amount is unimaginable. I think this will seriously threaten the stability of the British pound, so I made this suggestion!"

Qiao Yu was listening. He was very clear about the issue of counterfeit pounds. In fact, many of these counterfeit pounds were made in China. Qiao Yu made a fortune by making counterfeit ri yuan at the beginning, and the number was getting bigger and bigger.

, seriously affecting Japan’s financial security.

After a large number of counterfeit currency appeared in the Japanese market, the Japanese people had a serious panic. They exchanged the banknotes in their hands for gold to ensure safety. As a result, there was a serious run on the bank, and the serious panic spread throughout Japan.

Japan, in the end the Japanese government had to send out military police to disperse the people, and at the same time announced the abandonment of the gold standard, which had a serious impact on the Japanese economy.

The Japanese will desperately provoke the Pacific War, but it is also because of financial difficulties that they have to take risks. If China can print the Japanese yuan, it can also print the British pound. However, the British pound is the currency with the highest technical level in this era. It cannot be copied.

It was very difficult. In order to prevent the British pound, China specially hired a group of artists from Europe, and gathered a large number of mathematicians in the country to decipher the code, and finally came up with the British pound.

Now the problem of counterfeit currency has been revealed. China is not the main producer. The largest producer of counterfeit pounds is actually Germany. In order to crack down on the British financial order, Hitler began to print a large number of counterfeit currency after the outbreak of World War II. He also tried to copy Qiao Yu

The same economic actions taken against Japan caused the British to lose confidence in the pound.

The number of counterfeit pounds printed by Germany even exceeded the amount of currency issued by the Bank of England. The American government did not know Germany's plan, but it did find some counterfeit pounds, so Roosevelt used this to put pressure on Churchill.

Lao Qiu's fat face looked very unnatural. He directly raised the issue of counterfeit pounds on this occasion without giving any face to Churchill. The Americans' ambition to seize world financial hegemony was obvious and had reached the point where they couldn't hide it.

Qiu's anger reached the extreme.

He said in a low voice: "Mr. President, even if there may be some omissions in the pound, this does not deny the pound's status in international trade. If the international financial order must be reformed, I suggest the establishment of an International Clearing Union. This

It is equivalent to a World Bank, establishing a super-sovereign currency, adopting multilateral settlement methods in international settlements, fully taking into account the interests of various countries, and formulating a new plan for Mr. Keynes, the economic expert who has been hired. I believe it will be a perfect one.

plan!"

Qiao Yu suddenly smiled and interjected: "President Roosevelt, Prime Minister Churchill, the international financial order is related to the vital interests of every country. We must not only look at the present, but also pay attention to the development of the times and focus on the future. I think the current tasks should

It’s about carefully evaluating and then choosing the most suitable plan from various options, don’t act too hastily!”

At this time, it is not easy for Qiao Yu to argue with Xini, Roosevelt and Churchill. After all, in terms of economic power, China is still above the United Kingdom. It is a big country after the United States, and it is also the largest potential market in the world.

Qiao Yu has a well-deserved say on international financial issues, and the United States and Britain must also pay attention to the attitude of this ally.

The lunch meeting broke up unhappily, and a serious rift appeared between Churchill and Roosevelt. After Qiao Yu returned to where he was staying, he called Shen Hongmin to his side again, "Tell me what you think of the dispute between Roosevelt and Churchill."

Shen Hongmin thought for a moment, and then said: "President, in order to compete for financial hegemony, the Americans have reached the end of their plans. From the words of both parties, it can be judged that the United States will establish a bilateral settlement model and use gold as an international

The cornerstone of currency has huge benefits for the United States, which has strong industrial strength and huge gold reserves. The British plan is to belittle the role of gold, and then use the multilateral settlement system to offset the advantages of the United States. I think China should also

Proposing a set of international financial order and mastering international trade will have many benefits for our development. Our understanding of finance is much worse than that of the United States and Britain."

Qiao Yu basically agreed with Shen Hongmin's judgment, but it was not easy to seize financial order. China still had many shortcomings. Even if a financial plan was proposed, it would definitely not be passed.

"Hongmin, do you think we can seize financial hegemony?"

Shen Hongmin shook his head: "It's impossible. Our economic strength is not as good as that of the Americans, and we are not familiar with finance. It is unrealistic to compete with the United States. And I think China's main task now is to work hard to improve its economic strength.

In particular, we need to develop Nanyang and complete the national economic layout, so that we can have the strength to strive for financial hegemony."

For more than two thousand years, China has always been the richest and most handsome man in the world. However, it has fallen into decline in the past one or two hundred years. However, every Chinese has a dream of becoming a powerful country in their hearts. China will never be just a big country.

Become a well-deserved overlord and a superpower that leads the world in all aspects.

For this reason, the Chinese government has also formulated a huge economic plan. Of course, China is still lacking in economic strength. What it needs most is to capture the entire Nanyang to make up for the shortcomings of China's resources and turn the fertile land of Nanyang into China.

The largest granary ensures that no matter how the population expands, China will be able to have enough food. With food in hand, there will be no panic in the heart.

In addition to solving the problem of food and raw materials, Qiao Yu is also planning to build two island city circles with Singapore and Luzon as the centers, build island-circuit railways on the main islands, and establish ports to ensure convenient travel between the islands. When the time comes,

After the Nanyang City is built, China will have a huge economic belt and urban agglomeration.

The Bohai Rim, the Yangtze River Delta, the Pearl River Delta, Chengdu-Chongqing, Xi'an and Luoyang, and Nanyang. Once these six city circles are established, they will definitely be able to rival the Great Lakes region of the United States. It is also possible for China to surpass the United States economically.

of.

This is what the so-called accumulation means. Although the United States looks powerful, in the long history of China, this kind of country is destined to be only a temporary opponent of China.

"President, although we do not have to compete with the United States for financial hegemony, we should come up with a plan that can be used as a bargaining chip to ensure that the new international order is as fair as possible."

"That's right, but I believe in the hard work and wisdom of the Chinese people. The United States is now setting up the stage, and we are taking advantage of it. I believe it won't be long before the reputation of the world's factory will change and the flowers will fall.

China!” (To be continued.)


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