"The German Republic should have the greatest sincerity, and it is also the largest amount they can repay, which should be 12 billion New Tang Yuan.↗,"

"And now let's calculate it. Britain and France, you two, including the country and the people, are almost 7 billion NTD. By the way, you owe our Pacific Empire."

"There are also other countries, and this is about 10 billion."

"Germany also owes us the Pacific Empire. This part is the same as the original Austro-Hungarian Empire. Oh, by the way, now they are Austria and Hungary. The debts combined are about 5 billion New Tang Yuan."

"And now the deadlock is that Germany has given France compensation, so they will definitely be unable to repay the debts of our Pacific Empire. At the same time, it seems that they can't repay the debts of Britain..."

"British guys! You bastards! They actually lent the money to Germany!"

"Private lending!Private!"

"Okay, gentlemen, we should listen to Mr. Rockefeller first."

Rockefeller calculated it clearly and summoned all the debt parties to one place. He basically had a solution, but the matter was... Also, the British lent money to the Germans during the war, which was a bit too much.

Li Mengyang is not the only one who has no moral integrity, but the British pursue a free market economy and are free, so it is hard to say anything.

So, the debt situation is almost the same now. The first point is that you have to accept this price in France.

"12 billion New Tang Yuan?" The French minister frowned a little, but after all, it seemed that the price was similar to the price that France had called before. The previous one was 30 billion gold francs, so it was really less.

It seems that this transaction can be done...

"You France agree! There are a lot of them anyway..." The one in the UK was Edgar Cecil, who came out to persuade the French.

Since that's the case, Accountant Luo has settled the accounts clearly, and the UK still advises you. Then let's just do it.

"Okay! That's it, 12 billion New Tang Yuan."

France is basically done, but...

"Then we Germany don't have that much money!" Something happened to Germany again.

12 billion NTD, this is Germany's GDP for about a year. They still can't pay it back.

But, there is Accountant Luo.

"It's also simple. It's just to extend the years and then pay it back year by year. How much does it pay? I also calculated it, it's almost 1 billion New Tang Yuan."

"1 billion?"

"Yeah that's it."

"Then we can't afford it!"

"It's okay..." Accountant Luo came up with another solution.

Simply put, Germany has no money now and its economy is collapsed, so it needs to activate the economy. What should I do?

"Using the New Tang Yuan of our Pacific Empire as collateral, your country uses it to issue its own currency, new currency, and replace the Mark, which was originally similar to waste paper. In this way, the German economy should be able to recover. After the recovery, it is entirely possible that 1 billion New Tang Yuan a year will be released..."

"this……"

It has to be said that Rockefeller's plan is very representative, very feasible and targeted. The current German economy has not been destroyed in fact, and the industrial system is still there, and what is missing is just real money and silver....

If the New Tang Yuan is used as collateral to issue currency, then this will give the new German Mark a credit foundation. In this way, isn’t it just solving the current problem?

Then this matter...

"Our Pacific Empire is planning to lend Germany another 500 million New Tang Yuan to capital. Forget this, we should call this foreign exchange reserves? How about it? This is the statement proposed by the great Your Majesty. I was afraid that you wouldn't understand it before, so I never said it."

"foreign exchange reserves?"

When Rockefeller put forward the new word foreign exchange reserves, the people present were a little confused...

It’s a big deal that they are not confused, because they have never heard of it. Those who can appear in such a meeting are of no low level, but I really haven’t heard of this word. I really don’t understand what power it has. So...

Let's take a break for a while... It's just that everyone will go back and make a plan.

"O my God!"

When Edgar Cecil said this in the British cabinet, someone broke out first, that was Belfort.

"..." To be honest, this voice made Edgar feel a little embarrassed. As for such a fuss?

But……

"Gentlemen! Can't you see the seriousness of this incident clearly? In fact, it was an economic invasion carried out by the Pacific Empire on Europe!" Belford seemed to be crazy.

Is this statement a bit too much?

Even in the British cabinet, there was no such thing as a gift, but these people still didn't understand.

Belfort immediately continued: "What a simple truth. As long as Germany takes the New Tang Yuan as a foreign exchange reserve and uses it to issue currencies, then this will form a very natural credit relationship, that is, the New Tang Yuan is linked to gold, and the German Mark is linked to New Tang Yuan. Yes, our major countries in the world are gold standard or duplicate system, but that doesn't matter. In the future, another standard will appear in Germany, the New Tang Yuan standard!"

This principle is actually not difficult. It is that the German Mark is issued based on the New Tang Yuan, so this effect will naturally occur, that is, the New Tang Yuan is equivalent to gold in Germany.

In fact, this is happening at this time, because the depreciation of the old German mark is almost becoming waste paper, so now Germany has real purchasing power, besides gold and silver, there is the New Tang Yuan. Of course, there is also pound, but...

"Gentlemen! Don't you understand? If this matter is successful, then the New Tang Yuan will become a foreign exchange reserve, but what about our pound?"

"Oh! God!"

"I see!"

By the way, the cabinet members all understood this time, because it was very simple, the currency of New Tang Yuan became a standard. But the pound did not become a standard. In fact, it was a very simple difference, that is, New Tang Yuan made German foreign exchange reserves, but the pound did not!

It should be said that this difference is really too easy to ignore, because the current situation is that no one will deny the value of the pound, the purchasing power of the pound, and the value of hard currency, but your pound has not taken this step, and you have not told others, 'As long as you hold my pound, you can issue your own currency with it'.

By the way, it’s just that the difference is in this sentence!

Of course, it is not actually such a sentence, but this last step, and it is not done so now.

And if New Tang Yuan did this, then...

"But, there are big problems here. Does New Tang Yuan have enough gold to guarantee it?"

Well, I have to say that this is a key issue.

"Of course." Belfort immediately replied, "It is estimated that the Pacific Empire now has at least £3 billion worth of gold!"

“Oh oh oh…”

"3 billion pounds..."

The people in the cabinet have also seen the market, but they were still shocked when they heard this number.

If you look at GDP, the UK will definitely have more than this number, but the UK's current gold reserves are only about 500 million pounds. Well, this is an outrageous number, but... in fact, in terms of quantity, it is not low.

In other words, the huge GDP of the UK is actually guaranteed by 500 million pounds of gold. The huge amount of pounds is issued, not only in circulation in the UK, but also in a hard currency all over the world.

So is this a fool? It's a bit, but the so-called economy itself has a considerable bubble nature and a dream nature, but this bubble, these dreams, are something that can be controlled and cannot really make the bubble burst.

This is the truth, for example, what is the most terrifying situation in the financial world?

Run!

When people take money out of the bank and most people do this, then this is the most terrifying thing.

And the most terrifying thing is...

Everyone took the money out of the bank!

By the way, if this happens, then finance will no longer exist because... there is no such much money in the bank at all!

Just as a country has only one bank, the people all keep their money in the bank of this country. In this way, the bank will definitely have money from all the people of this country, and even give interest to the people, but...

If all citizens want to withdraw money from this bank, then this bank will definitely not satisfy everyone!

Didn’t the money be given to the bank? Why didn’t you pay it back?

It will definitely not be able to come out. No bank in human history can do this, absolutely cannot.

but……

This situation will not happen!

This will not happen in human history, including the future of mankind. Everyone takes their money out of the bank, and such a thing will never happen.

Therefore, a fundamental bubble cannot be destroyed!

To put it bluntly, the bubble itself has it and cannot be squeezed cleanly. Therefore, the Pacific Empire's gold reserves of about 3 billion pounds are definitely a super cost, enough for them to play!

So……

"Mr. Belfort, what should we do?" Although they were relatives, Salisbury would certainly say this in the cabinet.

"..." Everyone stared at this future political star with big eyes.

Belfreud had a deep brow and finally said, "Let's go to the Germans and tell them that our pound can also become a reserve currency!"

This method...

You really don't know, although it's not creative, it's pretty good.

(ps: Please subscribe! Please recommend votes! Thank you!) (To be continued.)
Chapter completed!