Contini's speculation turned out to be true, and Mussolini's talk of trying to push up the value of the lira was not unfounded, but had already attracted great attention from the European banking community, and the Jewish money that had just been reaped from the collapse of the Deutsche Mark two days ago was starting to stir up again, and this time they had found new helpers - two Jewish conglomerates of Goldman Sachs and Jacob.

Although there are many Jewish consortia in Europe, they have a very loud name - Rothschild infiltrates them, and although there are many Jewish consortia in the United States, they have not formed a solid center, so not only can Contini and others not inquire about each other's news, but even Morgan and Rockefeller, who are calling for wind and rain in the United States, have not received relevant reports, and all the tandem is carried out underground.

In fact, the British have arranged two economic plans when considering the Algerian oil problem, the first plan is to directly connect with the representatives of the American ASP consortium - the Morgan family, forming a pattern in which Britain, the United States and France exclude Italy, why Morgan is chosen It is very easy to understand, Morgan is not only the top consortium in the United States, but also the leader of the Anglican Church in the United States - the Anglican Church is the state religion of Britain, and the Catholic and Protestant denominations are not the same way, so the relationship between Morgan and Britain is very close.

But this time Morgan did not choose to join forces with the British, for two reasons on the surface: first, Britain and France slammed the United States on the issue of the establishment of the League of Nations, which not only made the United States lose its influence and control over Europe, but also lost the possibility of further penetration economically, if it were not for the Ruhr crisis, it would be difficult for American capital to enter Europe, so Morgan had an instinctive aversion to Britain's proposal;

Second, Mr. Rockefeller, who has a large stake in Algeria's oil company, refused to cooperate in the matter, not even to be neutral, which made Morgan feel that he was not strong enough — after all, Contini still held 42 percent of the shares.

Of course, these are all appearances, the real reason is very clear, the Italians are the weakest players on the field, if Britain, the United States and France cooperate to squeeze out the Italians, then the next step Britain and France may squeeze out the Americans, this risk cannot be taken, so Morgan and Rockefeller both refused.

But since Baldwin considered the situation, it was impossible not to have Plan B, which was to use the European and American Jewish consortium, which could not attack directly from the oil fields, but found another way of attack—the lira.

As Contini said, the United Group is a national focus group, and he is both prosperous and lossy with the Italian government and fascisti, so he cannot stand idly by while the value of the lira depreciates, and it just so happens that Mussolini is now going to launch this policy, which suddenly allows speculative capital to find an opportunity.

They envisioned a serial set:

The first step is to use Mussolini's rumors to borrow the lira, because the lira will appreciate, foreign exchange will depreciate, and all smart companies will choose to settle foreign exchange as soon as possible and hoard more lira, and then prepare to release it to buy more foreign exchange at that time, which will tighten the lira's monetary base, causing bank liquidity to tend to be tight;

The second step is the consumption of Italy's foreign currency, which is done here through two channels, the first is to use the borrowed lira to exchange as much foreign currency as possible, mainly the pound sterling and the dollar, and the second is dumping, where speculative capital has found a good dumping channel to dump using the crude oil control mechanism that the United Group had promised.

In order to stabilize the supply of crude oil and the market price, the United Group proposed a reserve mechanism: when the price exceeds 1.25 US dollars, the United Group will release the storage capacity and release the reserve crude oil, and when the price is lower than 1 US dollar, the United Group will make an open purchase.

It takes money to buy it openly, and Jewish capital intends to sell it in the spot market in a steady stream to force the United Group to take over, and at this time the United Group itself will consume a lot of foreign exchange.

The third part is to create panic, on the one hand, foreign exchange is flowing out in large quantities, on the other hand, foreign exchange is replaced by a large number of oil reserves by the United Group, then Italy's foreign exchange reserves will be rapidly reduced, at this time you can fabricate rumors that Italy's foreign exchange is insufficient, and put pressure on the Italian banking circles.

At the same time, the Italian government will certainly turn to the Union Group and the Union Bank for help, and Contini will use foreign exchange to stabilize the domestic currency value on the one hand, and on the other hand, he will use foreign exchange to undertake a steady stream of oil selling, and the liquidity of the Union Group will soon be drained.

At this time, the acquisition can be carried out happily: the foreign exchange rush is surging, the lira is greatly depreciated, and the Anglo-American capital sends the foreign exchange back into the lira to repay the loan, and their profit is the difference in the depreciation; At the same time, with the sharp drop in oil prices and the bottoming out of the bloc's foreign exchange inventories, it is possible to force Contini to cut Algerian oil shares at the trough – as for the crude oil reserves that were sold at the beginning, they can be closed at a negotiated price.

In other words, the core is in:

The second step is the consumption of Italy's foreign currency, which is done here through two channels, the first is to use the borrowed lira to exchange as much foreign currency as possible, mainly the pound sterling and the dollar, and the second is dumping, where speculative capital has found a good dumping channel to dump using the crude oil control mechanism that the United Group had promised.

In order to stabilize the supply of crude oil and the market price, the United Group proposed a reserve mechanism: when the price exceeds 1.25 US dollars, the United Group will release the storage capacity and release the reserve crude oil, and when the price is lower than 1 US dollar, the United Group will make an open purchase.

It takes money to buy it openly, and Jewish capital intends to sell it in the spot market in a steady stream to force the United Group to take over, and at this time the United Group itself will consume a lot of foreign exchange.

The third part is to create panic, on the one hand, foreign exchange is flowing out in large quantities, on the other hand, foreign exchange is replaced by a large number of oil reserves by the United Group, then Italy's foreign exchange reserves will be rapidly reduced, at this time you can fabricate rumors that Italy's foreign exchange is insufficient, and put pressure on the Italian banking circles.

At the same time, the Italian government will certainly turn to the Union Group and the Union Bank for help, and Contini will use foreign exchange to stabilize the domestic currency value on the one hand, and on the other hand, he will use foreign exchange to undertake a steady stream of oil selling, and the liquidity of the Union Group will soon be drained.

At this time, the acquisition can be carried out happily: the foreign exchange rush is surging, the lira is greatly depreciated, and the Anglo-American capital sends the foreign exchange back into the lira to repay the loan, and their profit is the difference in the depreciation; meanwhile