"If you don't say why the French are proud, it is not for nothing that the Paris Commune first emerged from France. Pen? Interesting? Pavilion wWw. ｂiquge。 info" Serov said coldly from the perspective of a bystander while reviewing the KGB's intelligence, "Although the French are getting weaker and weaker in modern times, they just don't lack the courage to be challengers, but in the end, they always miss such a breath. ”

Since the end of the Hundred Years' War between Britain and France, the most powerful time of France was the period of the Sun King, a country against the whole of Europe, when Britain could not stand at half a point, but just after the defeat of the Seven Years' War when France was ready to regain its strength, a revolution without warning appeared, the Napoleonic era came, no one would deny that Napoleon was a military genius, but in terms of national strength, France's relative strength was not as strong as Britain. During the First World War, France played at a high level, and also squeezed out the last potential.

De Gaulle worked hard after the war to increase France's influence, and this time France under his leadership once again stood in the ranks of challengers, letting the world know that the French were not out of the game.

As for the hostility of the dollar, France is the most obvious of all countries, other countries only do not say, the French have to say and do, starting with de Gaulle, French politicians have been complaining in vain about the hegemony of the dollar, until the twenty-first century.

A consortium of French banks, including the Banque de France, BNP Paribas, Credit Bank and the Banco d'Pop, after meeting with President de Gaulle, raised all the money they could. Charles de Gaulle once said that the "dollar privilege" turned world trade into a warehouse for the United States, and the United States had a trade deficit, and it only needed to print more dollars to exchange goods and services for other countries for free. Obviously, this time he is ready to shake the dollar-looking hegemony that is still solid.

Beginning in March, there was a sudden and violent volatility in the financial markets, and all French banks began to sell dollars to buy gold in futures markets around the world. The value of the dollar is beginning to be challenged like never before. In Paris, de Gaulle pinned his hopes on his allies, who would join France in bringing the Breston Woods system to dismantle. The world is back to the days before the one-stop shop.

At the same time, Kosygin convened a Council of Ministers of the USSR, and it was clear that the sharp fluctuations in the gold market were already known to him. Kosygin, with his two assistants, set up a special group on this issue, which concentrated all the dollar reserves of the Soviet Union and the countries of Eastern Europe.

At the same time, Serov also sent a billion dollars to this group, and at the same time launched his own plan, with the remaining 20 billion to find the right time, to cooperate with the actions of France and the Soviet Union at a critical moment. The group had been set up in an undisclosed location, and a secret police corps had been mobilized for protection, and General Kadpov was not present at this time, which was in line with Serov's ideas.

The world financial futures market became turbulent in an instant, and de Gaulle used all the dollar reserves of the national treasury and the dollars of major French banks to plunge headlong into the gold futures market.

"Knock down the dollar, we can't let this yoke be on the heads of the French all the time." De Gaulle stressed the importance to his Treasury officials and the presidents of major banks.

"This system is a yoke for us, the USSR, find a way to lift him." Kosygin told his aides that the Breston Woods system was a different way for the Soviet Union.

In the eyes of the Soviet Union, this system was a tailor-made cage for the Soviet Union, and everyone knew that the United States was the world's largest gold reserve, but few countries knew how much gold the Soviet Union had, but the Americans knew and estimated the approximate figure. 4,000 tons of gold, the second largest gold reserve in addition to the United States. This figure overestimated the reserves of the Soviet Union, but in this history, Khrushchev did not sell gold twice to buy grain, saving about 800 tons of gold, and Kosygin knew that the treasury of the USSR was about 3,000 tons of gold.

The Soviet Union believed that the Bretton Woods system, which prevented the Soviet Union from selling gold to the international market, and that the United States, which accounted for nearly seventy percent of the world's gold reserves, tried to stabilize the price of gold, fixed the price of gold at $35 per ounce and guaranteed free convertibility. The aim was to depress the value of gold and thus limit the economic capacity of the Soviet Union.

While the United States continued to work to maintain the Bretton Woods system, which was designed to contain the Soviet Union's efforts to finance the arms race by selling gold to the international market, it was increasingly feeling the pressure of Western Europe's economic powers.

While the United States did its best to resist the counteroffensive of the North Vietnamese troops in the spring offensive, the world gold market fluctuated violently in a few days, and the Breston Woods system was established by the Americans after all, and this system certainly has nothing to do with perfection, but as long as there is a wind and grass, Wall Street can immediately feel it.

William Jr.? Mike Chessne? Martin is the current chairman of the Federal Reserve, and he has been in this position for 17 years, and he has the most practical side, and he is very careful to estimate the strength of any opponent. In the wake of the volatility in the gold market, he instantly concluded that someone was playing tricks on the link between the dollar and gold.

It is impossible for a country's financial flows to be concealed, and at a later date, William Jr.? Mike Chessne? Martin, seeing some Wall Street financial predators, said with a very cautious attitude, "The money that attacked us came from France, and it was the guy de Gaulle, who once again used his crooked brain against our dollar." ”

"Charles de Gaulle? It's this nasty guy again. A middle-aged man with eyes said in disgust. De Gaulle was a maverick in the Western world and had always admired French influence. Three years ago, he traded dollars for France's gold reserves deposited in the United States.

"He's not afraid to die? Does he want to exchange all our gold for dollars? Another old man thought for a moment and said, "We can't help but fight back, if France doesn't get a lesson, many countries will learn from France and set off a run on gold, we can't face so many countries at the same time." ”

If the United States has been honestly adjusting its banknote issuance in accordance with the principles of the Breston Woods system and controlling its trade surplus and deficit, even if there is a problem, there may be a run on the bank. But the problem is that the United States is really guarding itself, because of the huge expenses of the Vietnam War, the United States really printed a lot of extra dollars.

This is equivalent to the fact that the dollar itself has gone wrong in the first place, and it happened to be discovered by de Gaulle. Flies don't bite seamless eggs, no United States broke the rules first, it was not easy for the French to make waves, and de Gaulle's dissatisfaction has always been only dissatisfaction.

The Fed's gold, of course, does not have 20,000 tons without a moment of disruption, and quite a few have been set aside over the years. But it is still undoubtedly the world's largest gold reserve, with more than 14,000 tons of gold in its hands.

"Look at how much they can eat, the main thing is that they are afraid that the French will have allies, so that we will first communicate with some countries, and then concentrate on pressing France down, and we will sell as much as he wants. At the same time, the dollar is used to crush the market of the franc itself, they want gold, we let the franc become waste paper. The last old man in a suit and leather shoes, who looked polite, stood up and said, "In any case, the influence of the United States on the world is far from being comparable to that of France." The market for dollars or dollars, the franc will all be encroached upon. ”

"Okay, I got it. De Gaulle loved gold, so we sold it to him until it made France indigestible. "Fed Chairman, William Jr.? Mike Chessne? Martin nodded fiercely, in fact, this kind of resolution is not in line with his always cautious character, but this matter is not his own decision, now he only has one job, contact US Treasury Secretary Henry? Hamil? Fowler asks for support.

"We are not afraid of the means by which the United States suppresses the currency, the French are in a world where the United States sets the rules, and if the United States starts to attack the franc, the French may swallow gold, but the range of the franc may disappear. But we are different, our Soviet economy has little to do with the United States, and the Americans have nothing to do with us, so as long as the Americans show their flaws this time, we can do whatever we want without any scruples. Without worrying about the wrath of the United States. Kosygin said this while attending a meeting of the Presidium of the Central Committee of the USSR.

Economic contacts between the USSR and the United States cannot be said to be completely absent, but it can also be said that there are basically none. The Soviet Union was also not afraid of economic retaliation from the United States, anyway, the United States has always blockaded the Soviet Union, and the Soviet Union was not afraid of being blocked.

The frenzied run on the French continued, and Wall Street and the Treasury Department used a few days as an assessment, and a week later, they began to sell on the London exchange, releasing 200 tons of gold on the first day, and then began to sell gold continuously, and in mid-March the United States sold 500 tons of gold in one day, until this time. De Gaulle realized that he did not have enough money to attack the dollar, and none of the allies he contacted showed up.

For the sake of France and the Americans against each other, there are not many countries with this kind of courage, and some countries secretly bought some gold to play the sidelines, but they did not dare to help France openly. France, which is fighting militarily, will not be an opponent of the United States, and although France's frenzied run is dangerous, it is not enough to defeat the United States, and the United States seems to have achieved results in this risky operation. At this time, Kosygin carried the Soviet Union to concentrate the foreign exchange reserves of the entire socialist camp and entered the gold futures market. Taking over the role of France, a run on gold began.

The entry of the Soviets took the Americans by surprise, and they did not understand why the Soviets had so many dollars in their hands. American citizens could not exchange dollars for gold from the Federal Reserve, but foreign governments could, and many of the dollars in the hands of the Soviet Union were earned by Serov from within the United States for ten years. In other words, the United States could not exchange dollars for gold at home, but in the hands of the Soviet Union. Combined with the attack on the dollar exchange rate and the speculation on the price of gold, the remaining dollars of the Soviet Union can still be exchanged for a large amount of gold. (To be continued.) )