With the end of the world wars, countries around the world began to enter a period of post-war traumatic recovery. Pen, fun, pavilion www. biquge。 info Nature.2

During world wars, countries had to devalue their currencies on a large scale in order to defeat their opponents in anticipation of more military spending to win wars.

Among the participating countries in the world, except for the renminbi of the Chinese Empire, the currencies of other countries have depreciated sharply. In particular, the U.S. dollar and the yen dived directly with the defeat of Japan and the United States. Both the dollar and the yen depreciated into waste paper, until the Chinese Empire sent troops to bring a large amount of renminbi into the United States and Japan, and the people of Japan and the United States rushed to buy the renminbi, so that they only recognized the renminbi in their daily lives, and no longer used the dollar and the yen.

However, with the establishment of a provisional transitional government under the supervision of the Chinese Empire, the Japanese and American transitional governments successively issued the 1898 version of the new dollar and the 1898 version of the new yen, which were under the supervision of the Chinese Empire, so their credibility was guaranteed, and the new dollar was exchanged for five to one for the renminbi, and the new yen for the renminbi was twenty to one.

This is the first time since 186o that the US dollar has been so close to the yuan in exchange rate. Previously, the exchange rate of the US dollar and the renminbi was basically 1o to 1, and once fell to 20 to 1, or even 50 to 1, which has made Americans no longer believe in the dollar.

The Chinese Empire had to help the Cleveland government restore its economy, otherwise the Americans would have no money to buy Chinese goods, so the Chinese Empire would come forward to help restore the credit of the dollar.

In fact, this was also a strategy of Li Weiguo to promote the internationalization of the renminbi after the war. The renminbi is directly linked to gold, and other currencies in the world will be directly pegged to the renminbi, and the dollar is the first to try, with the aim of promoting the renminbi as its foreign exchange reserve currency in the United States, so that Americans can buy the Chinese Empire's national bonds, so that the Chinese Empire can continue to plunder the wealth of Americans.

If you want to cut leeks, you must plant leeks first, and if you want to cut wool, you must first fatten sheep.

Thus, the United States is a sheep that the Chinese Empire intends to fatten, and then constantly cut the wool.

Of course, the premise is that the United States is raised as a sheep, but not as a wolf. This contains a complex international strategy, once it is not done well, it will be self-defeating, just like during the honeymoon between China and the United States in the 8o, the original intention of the Americans was to raise China as sheep, but unfortunately the strategy mistakenly, resulting in the Americans cutting China's wool for more than ten years, suddenly China is no longer a sheep, but has become a lion can no longer shear sheep.

That was a strategic mistake by the United States, or rather a strategic cleverness by China.

But in today's Chinese Empire, Li Weiguo does not want the United States to become a wolf, and he wants to curb the rise of the United States at all times, and keep it forever as a fat sheep.

The same strategy was in Japan, knowing that the government was a sheep that the Chinese Empire intended to keep in captivity, but the sheep did not seem to be obedient. However, treating Japan is different from treating the United States, because the United States has rich resources, population, and scientific and technological base, and can raise a fat sheep, but Japan has no resources and no scientific and technological foundation, and even if it is raised as a sheep, it is difficult to fatten.

Therefore, Li Weiguo's policy toward Japan is to fight if he is not obedient.

Britain is the third case, although it is also an island country like Japan, but Britain has resources, as an old industrial power for hundreds of years, the British Empire has a rich heritage, and it can raise sheep.

As a result, the Chinese Empire also helped the British Rus' government to restore the credibility of the British pound, which was also directly linked to the renminbi, and restored its credibility with the renminbi as the backing.

During the war, the pound depreciated 2oo times, which hurt the British people.

The Chinese Empire seized the Bank of England and seized all of the British Empire's gold and silver reserves, totaling 62o tons of gold and 15oo tons of silver.

These gold and silver, originally the British Empire intended to exchange strategic materials with other countries during the war, mainly the United States, but unfortunately the United States was defeated too quickly, resulting in the British Empire's plan to import arms and strategic materials from the United States, except for the United States, there is no country in the world that can provide the British Empire with high-tech equipment and strategic materials, so the British Empire has accumulated a huge amount of gold and silver after the termination of the exchange of gold and silver for pounds, and cannot be sold. Until the Chinese Empire came to attack and took away such a huge amount of gold and silver, the British complained bitterly and regretted it too late.

There are many British colonies, British India, British Canada, British South Africa, British Middle East Arabia, etc., these colonies used to use the British pound as the settlement currency, with the defeat and fall of the British Empire, now the British pound in these places quickly replaced with the renminbi, which has played a role in the comprehensive internationalization of the renminbi.

Then there are those countries that receive economic aid from the Chinese Empire, such as the Tsarist Empire, the Kingdom of Italy, the Spanish Empire, the Ottoman Turkish Empire, the Colombian Federation, the Brazilian Empire, etc., some of these countries need the help of the Chinese Empire to resist the expansion of the German Empire in Europe, and some need the support of the Chinese Empire, so they all accept a large number of RMB at home, resulting in their balance of payments settlement having to use RMB as foreign exchange reserves.

Finally, there are those countries that remained neutral during the world war, although they were not attacked during the world war, their national economies were running well, and there was no need for large-scale purchases of yuan, but the problem was that the world war was over, the Allied bloc was victorious, and the Entente bloc was completely defeated. The whole world is the Allied bloc, and without the checks and balances of the Entente, these countries have become jealous of the Allied Powers, fearing that the Allied Powers will invade at any time, so they must immediately find a backer.

The Chinese Empire is undoubtedly the best choice, the most powerful country in the world, and it is possible to exist only by waging its tail and begging for mercy from the Chinese Empire.

Therefore, the purchase of imperial Chinese government bonds, that is, the reserve of yuan, became the best option.

In just half a year after the war, countries around the world bought a large number of renminbi, making the renminbi quickly become the reserve foreign exchange of all countries.

8o% of the world's gold, more than 10,000 tons of gold and 40,000 tons of silver flowed into the Chinese Empire, making the Chinese Empire the world's precious metal reserve center, Shanghai, Beijing, Greater Kyoto and Wuhan became the world's three major financial centers, and London and New York were replaced by their original status as one of the world's financial centers due to the war.

The global monetary system dominated by the renminbi began to be established, and the Chinese empire used a huge reserve of gold and other precious metals as the basis for the renminbi, and the renminbi was directly exchanged with gold, while other countries in the world were pegged to the renminbi in their own currencies, thus establishing the international dominance of the renminbi and becoming the only international payment currency in the world.

As the only competitor and even enemy of the Chinese Empire in the future, the German Empire was opposed to the internationalization of the renminbi.

Berlin, Empire State Building.

Wilhelm II has been anxious about the internationalization of the renminbi these days. He was well aware of the enormous economic value of the internationalization of the renminbi, as well as the potential threat to the German Empire.

Before the world war, although the renminbi also entered the international market and became the reserve currency of many countries, it has not completely replaced the international currency settlement capacity of the old capitalist countries such as the British pound, the US dollar, and the mark.

However, after the world war, the Chinese Empire achieved the strength to dominate the world, the establishment of the United Nations, the Chinese Empire had the sole veto power, the economic aggregate and military strength were unprecedentedly strong, supporting the RMB to become the world's strongest purchasing currency with the most powerful purchasing power, and businessmen around the world rushed to buy the RMB, indirectly coercing their countries to also buy RMB together for reserves and international payments.

The traditional pound and dollar have all died out, and the Deutsche Mark has also lost its status as an international reserve currency due to the crazy depreciation during the world war, and is unable to compete with the yuan.

Seeing that the renminbi dominated the world's financial markets, Wilhelm II was naturally anxious.

"Is there any way to recover Mark quickly?"

Wilhelm II asked Hitler directly, hoping for help.

Hitra also frowned and replied: "At present, the domination of the renminbi over the world has become a fact, and it is difficult to shake it. Because our Deutsche Mark depreciated dozens of times during the war, we had to slowly recover for a long time after the war. ”

Wilhelm II said impatiently: "I can't wait that long!" Do you know? The renminbi has become the only international currency, which means that the renminbi is used in the world's international trade settlement, and countries have reserved renminbi, which is equivalent to countries giving the Chinese empire change to spend and help the Chinese empire pay. The Chinese Empire could squander the renminbi at will, leaving the rest of the world to bear the cost of currency depreciation. ”

Hitra nodded, "Of course I know that!" But there's nothing we can do to stop it! At present, the international market only recognizes the renminbi, not the mark at all. Unless the German Empire can recover and be on an equal footing with the Chinese Empire, it will only be strong enough to force other countries to include the mark in their international monetary reserves. But the problem is that now we can't protect ourselves, we have to reserve the yuan, otherwise we can't do international trade at all. ”

International trade is settled in RMB, so if the German Empire wants to do business with other countries, it has to accept other countries to settle in RMB, and other countries will not agree to settle in Deutsche Mark, so the German Empire's foreign exchange reserves must have RMB, otherwise it will not be able to buy any goods from other countries, nor can it sell any goods to other countries.

The German Empire's overseas colonial markets are limited, and if you want to restore the national economy quickly, you must increase the foreign trade surplus, but now Wilhelm II rejected the renminbi in order to compete with the Chinese Empire, so he can't even do trade, how to restore the national economy.

"Why can't we use force to get other countries to accept the Reichsmark?"

Wilhelm II swore that there seemed to be no way to get into the horns.

Hitra hurriedly persuaded: "Your Majesty, you must not have this thought! This is a very red flag! ”

Today's German Empire, although it won the world war, but its own consumption is serious, the German Empire during the world war, paid huge casualties, as well as trillions of German marks in military spending, exhausted the treasury, the Germans live in misery, all kinds of civilian resources are scarce, if the war is started at this time, then the economy of the entire German Empire will collapse, will lead to a huge national crisis.

"Your Majesty, it's not impossible to threaten other countries by force, but now is not the time!"

Hitra bitterly persuaded: "Now that the countries of Europe know about the Empire's ambition to unify Europe, their fear of us is so deep that it has cheapened the Chinese Empire, because these countries have now fallen to the Chinese Empire. If we show off our military force and threaten it again at this time, I am afraid that it will backfire and intensify these countries to turn to the Chinese Empire and become our enemies. ”

Wilhelm II suddenly frowned and said, "What then?" Do you want us to submit to the obscenity of the Chinese Empire? ”

"Without the renminbi reserves, we will not be able to conduct international trade, and without international trade income, it will take us at least 20 years to recover by relying on the slow recovery of the domestic economy alone," Hitra said. Your Majesty, are you planning to challenge the Chinese Empire again in twenty years? ”

Wilhelm II shook his head and said, "Of course not! I can't wait to compete with the Chinese Empire right away! Complete the great dream of the German Empire to unify Europe and dominate the world! ”

Hitra then said, "Then you'd better endure it for a few years!" First accept the renminbi as the foreign exchange reserve of the German Empire, and use the renminbi for international trade settlement, with the scientific and technological level of the German Empire, it will not be long before the Chinese Empire will pass. The Chinese Empire has a colonial market dumping goods, and we can only use technology to achieve a trade surplus, so we have to be patient. ”

Wilhelm II sighed, rather helpless and unwilling.

Hitra eventually persuaded Wilhelm II, and the Reichsbank announced that it would accept the renminbi as a currency for international trade settlements, and German merchants could finally engage in international trade.

For a time, the renminbi also began to enter the German financial market, which had a serious impact on the Deutsche Mark due to its strong position.

In this regard, the German Imperial Government has long been psychologically prepared, this is a matter of no choice, now it can only be exploited by the Chinese Empire, unless the German Imperial economy is restored, otherwise the German Mark will not be able to compete with the renminbi at all.

With the final surrender of the Deutsche mark, the renminbi of the Chinese Empire completely unified the world's currency market and became the world's only international reserve currency. The whole world is using the renminbi for international settlements, which suddenly increases the purchasing power of the renminbi, and the citizens of the Chinese Empire, who hold a large number of renminbi, also become richer. (To be continued.) )