Chapter 570: A New Model of Weiyuan Currency
A few days later, on April 30, 2004, the President of Mozambique visited the Williams Empire. Pen × fun × Pavilion www. biquge。 info Henry couldn't have been clearer about the purpose of his arrival. In order to show respect for the president of a country, Henry still greeted him at the airport.
"Welcome, President Martin Walter!"
Henry greeted him warmly, and then asked him to ride a black Rolls-Royce with him to the temporary office building, and when he entered the hall, Henry asked knowingly, "President Martin Walter, I wonder what you are visiting the Williams Empire for?"
Martin Walter smiled and replied, "Your Majesty Williams, I'm here for what you said last time in Mozambique!"
"Oh, that's it!" Henry said.
"Yes, after many discussions in the Mozambican parliament, it was finally decided that it is willing to use the weiyuan instead of the national currency!"
"Oh, that's great, is it the same as Zimbabwe?"
"No, Your Majesty Williams, you may not have figured it out, but I mean that Mozambique will completely replace its national currency with the Weiyuan. We don't want loans, we want to exchange all the Mozambican metica currency for weiyuan, and I think the money should come from the Williams Empire, and the central bank of Williams will just print more money. If we join the 'Weiyuan' monetary system, we can't let the Mozambican government borrow money from the Williams Empire and take on huge debts, right?"
Henry nodded and said, "Go on!"
"In addition, we also hope that the Central Bank of Williams will be able to open a branch in the Mozambican capital, which will be merged with the Central Bank of Mozambique, and the full name of the bank will be "Williams-Central Bank of Mozambique", which will have the right to issue the currency and accept the supervision of our two countries, so that you don't have to worry about Mozambique printing money indiscriminately!"
"Well, this is reasonable!" Henry asked, "is there any other request?"
These words of the President of Mozambique are a bit like the development of the euro model, but they are a little different, because the Williams Empire is strong enough to have the right to print money independently, and the "Williams-Mozambique Central Bank" cannot print money without the approval of the Central Bank of the Williams Empire, so the initiative is entirely on the side of the Williams Empire. The issuance of the euro was discussed by the member states.
Of course, in order to stabilize prices and prevent inflation, the Williams Empire will not print money casually, and even if it prints money, it is based on market demand. As long as Weiyuan does not depreciate and is strong enough, then there will be no loss to Mozambique, even if it is depreciated, there is also the "Williams-Mozambique Central Bank" behind it, and as long as it is reasonable, it is impossible for the Williams Empire not to agree to let Mozambique print money! In addition, for Mozambique, the Wei Yuan is almost equivalent to the US dollar, Mozambique's foreign exchange reserves are very small, and foreign advanced equipment cannot be bought at all, but once the national currency is exchanged for Wei Yuan, it can be purchased from the Williams Empire, thereby accelerating the rapid development of the country. And because the same currency is used, it can greatly promote the development of bilateral trade.
It was these factors that led Mozambique to make such a decision.
"We also hope that the Williams Empire will increase investment and cooperation in Mozambique and promote economic prosperity in both countries," Martin Walter said.
"That's fine!"
Henry smiled and stretched out his hand, "I hope our two countries have a happy cooperation!"
"Happy working together!"
……
The next day, Henry signed an agreement with Martin Walter.
This kind of cooperation, which is different from the euro but similar to the euro, shocked the world, and just after the announcement of the press conference between the Williams empire and Mozambique, Zimbabwe came to the door and strongly demanded that the previous cooperation be replaced by this way, so that the government would not have to be burdened with huge debts and would have the right to issue a part of the "Wei Yuan".
Of course, this model, first of all, requires a country to have a strong economic strength as a guarantee, Mozambique and Zimbabwe's currency exchange for Wei Yuan, will naturally take the money to the Williams Empire to shop, if the Williams Empire can not hold on, or may lead to the collapse of the entire "Wei Yuan" monetary system. However, for the time being, there is no problem. Zimbabwe and Mozambique are too small in size, and the Williams empire can "eat" all the money of the two countries combined.
Ostensibly, Mozambique and Zimbabwe took the money of the Williams Empire and then went shopping to the Williams Empire, and the Williams Empire was a loss or a loss. However, if you know how much money was spent on promoting the euro, you won't be confused. The cost from the issuance of the euro to the use of the euro is as high as 160 billion ~ 180 billion euros, but the benefits brought by the start of the euro to the EU will be incalculable. Similarly, the value created by Wei Yuan as the unified currency of African countries is very huge. Moreover, the Williams Empire also has the right to issue currency, which will inevitably become the core of the community of interests of various countries, which will help Henry further control these countries.
In addition, to a certain extent, other countries take Wei Yuan to consume in the Williams Empire, which is actually stimulating the development of the Williams Empire's economy, and the Williams Empire makes money, and then buys raw materials from these African countries for production, thereby creating greater value. Of course, Henry will also strictly control the export of products in order to curb the shopping frenzy of these African countries and stabilize prices.
At this time, after other African countries saw this new way of cooperation, they couldn't help but light up their eyes and were ready to move, but at the same time, they had a hint of worry, after all, they would lose the right to issue currency independently and be subject to the Williams Empire!
(To be continued.) )