readx;?“ Let China open its market to Germany...... Sounds attractive, but that old friend of yours isn't that easy to talk to, is he? The Chancellor of the German Empire shook his head, a look of suspicion on his face. Pen ~ Fun ~ Pavilion www.biquge.info\.. \

He knew that the Chinese were building an unprecedentedly large free trade zone – the Greater China Free Trade and Customs Union Zone. Obviously, this is to combine the world's largest market, the world's largest industrial productivity, and the world's most abundant resources into a relatively closed economic circle.

"There is no problem, the Chinese will open their markets and will share with us the resources they have." But...... In the future, the form of international trade and the way of settlement will change dramatically, no longer relying on gold and silver for settlement, and countries participating in trade will no longer pursue surpluses. Engels replied with a smile.

"Not pursuing a surplus? Mr. Engels, should we go for deficits? Bismarck furrowed his brows, "We don't rely on gold and silver for settlements...... How does such international trade work? ”

"Well, I have a whole new idea for the future of international trade." Engels smiled, "This idea is based on the future structure of the world economy and trade, and it is completely feasible. ”

"Let's talk about it."

"First of all, allow me to assume the future structure of the international economy and trade...... Due to the emergence of the two super-world empires of Greater China and Rome, the future of international trade will be the coexistence of regional freedom and overall unfreedom. Within the world empires, there will be relatively free trade, and outside the empires there will be an era of international trade control. This is because the two empires of Greater China and Rome were supernations that could establish a self-sufficient internal trading system. ”

"That's exactly what I'm worried about!" Bismarck nodded. "The German Empire had too few colonies, if both the Great Chinese Empire and the Roman Empire closed their markets. Germany's economy is going to be in great trouble! ”

"Hmm......" Engels nodded slightly. But it's bound to happen. So we have to distribute wealth in a more equitable way to nurture the internal market! Of course, foreign trade is still needed, but we cannot expect a large influx of gold and silver from Rome and China. Because that would inevitably lead to trade protectionism on the part of the two world empires, and trade disputes could easily become the source of another world war!

In addition, our domestic economy does not need gold and silver, we need Roman and Chinese resources. We need to exchange industrial goods for their agricultural and mineral products...... We will export as many industrial products as we need agricultural and mineral products, so that our trade with Rome and China will always be in a state of basic equilibrium. ”

The pursuit of trade balance is by no means the goal pursued by the world's first industrialized countries in this era, because of the extreme injustice of internal distribution. Domestic demand in the industrialized countries is insufficient to consume the growing supply of industrial goods. Therefore, around the beginning of the Second Industrial Revolution, economic surplus has become an economic problem for industrialized countries - and it is in this context that the planned economy was born.

"How should a fundamentally balanced trade be maintained?" Bismarck asked, frowning.

"A basic balance of international trade can be established through the signing of a 'barter trade' agreement and the establishment of an international settlement system for 'barter trade'...... International trade should not be free and unregulated; ”

"Barter...... Planned and regulated international trade? How does it work? Bismarck wondered, "Isn't there no currency in international trade in the future?" How is this business going to be done? ”

"Of course it's impossible not to use money, it's impossible."

Engels said with a smile: "Barter trade refers to the principle of trade between two economies at the macro level, which is a basic balance, and it is barter at the macro level. In terms of specific operation, a new international trade settlement banking system should be established, and all international trade settlements must be handled by this clearing banking system, and in principle, the currencies of other countries exchanged for a country's export commodities must be deposited in this banking system. It is used to buy goods from other countries.

Exporters, on the other hand, receive their own currencies from the Bank for International Settlements (BIS), which is established in their home countries. For exporters, trade is done. For the two countries, it is necessary to exchange the currency of the other country deposited in the clearing bank of the other country into commodities to complete the trade cycle, and the currency deposited in the other country cannot be converted into precious metals and shipped back to the country unless otherwise agreed by the two countries. And in principle, trade between two countries or two customs unions should be basically balanced, with neither a surplus nor a deficit. Moreover, the volume of trade between two countries or two customs unions should, in principle, also be determined through diplomatic negotiations. In this way, international trade will no longer be free but regulated and planned. ”

"Mr. Engels, do you think that such rules of international trade are beneficial to Germany?" Bismarck's face was clouded, "Do you think the German Empire did not have the strength to pursue a fairer and freer rules of international trade?" ”

"Another world war?" Engels smiled mockingly, "The British people now hate war so much that it is impossible to follow Germany." There are quite a few people in the United States who are bent on revenge, but their population has lost too much in the war over the past two years...... It will take at least 20 years to produce a lively American youth, and don't expect the United States until then. As for Russia, you wouldn't believe that Russia was ready to fight for the interests of Germany, would you? ”

Bismarck smiled bitterly and sighed, "You are right, although the German Empire is strong, it is very isolated...... Unable to challenge the post-World War world order. It may be possible to defeat Rome, but it is impossible to incorporate the most valuable wealth of the Roman Empire, the territory of the Americas, into the German Empire, and the Chinese will take the opportunity to gain control there! ”

"So we can't hope for fair free trade, we can only look for a barter trade system that doesn't generate surpluses and deficits. In this way, wealth would not flow rapidly from Rome and China to Germany through international trade, and Zhu Jishi and Napoleon IV would be able to tolerate the continued development of Germany. ”

Bismarck smiled bitterly and was noncommittal, "Mr. Engels, do you think that China may have a war with Rome in the future?" ”

"No, at least there will be no war in our lifetimes." Engels said, "Because there is no source of power." Both Rome and Greater China had enough land, resources, and markets, and there was no need for another world war for these. Moreover, the internal problems of these two world empires are very complex, and the internal and development of the two world empires will be the main tasks in the coming decades. Therefore we cannot hope for a world war with Rome and China that is destined to defeat both of them, and the future of Germany and England can only be found in Europe, on our own soil! ”

"Well, I'll take your opinion into account...... Trade and the Succession to the Throne of England. Bismarck pondered for a moment, "But before we make a decision, I would like to know the exact opinion of the Chinese side." Including opinions on various aspects such as the throne of England, trade issues and Russian questions. ”

"Okay, you'll get an exact answer." Engels smiled slightly, he knew that he had convinced the number two man in the German Empire.

……

"Canopy, canopy ......"

When Maria. When Clementina took the secret telegram sent by Engels and walked into Zhu Jishi's dormitory in the Hot Spring Palace, what caught her ears was the sound of drums full of Indian style. Queen Bayi, who will ascend to the throne of East Bengal, is dancing to Emperor Taishang of the Ming Dynasty.

Queen Bai arrived in Yingtian a week ago and brought back Zhu Guowei, who was dressed in a monk's robe, but this was not a credit. Part of the reason for Zhu's defeat in India was that the princes of the princely states of India, led by Queen Bayi, failed to launch an uprising as agreed. Therefore, in addition to escorting Zhu Guowei back to China, Queen Bayi's trip was to ask Zhu Jishi for his guilt. Of course, Zhu Jishi will not really punish her, after all, there is only one Indian prince he can trust 100%. Although Zhu Jishi has dismissed the idea of direct control of India, it does not mean that he will not intervene in the South Asian subcontinent. According to his vision, the state of Bengal in northeastern India would be split in two. East Bengal will be separated from the Indian Empire and become the Kingdom of Bengal dependent on the Ming Empire, and become a springboard for the Great Central South to go south to the Indian Ocean. And the ruler of Bengal, only this Queen of Bayi can be competent.

So after the "punishment", Zhu Jishi immediately favored the queen again, and was ready to take her to Japan for a vacation, waiting for the British royal family who lost their country and went into exile. In the days leading up to my departure, I was fascinated by the glamorous and charming Indian dances, and spent hours every day admiring the dancing of Queen Bai and the Indian beauties she brought with her.

And Queen Bay, who was born in 1835, although she is 42 years old this year, is "old", but because she has never given birth to a child, she is pampered, and she has practiced martial arts since childhood, and her figure is still good. There was not a trace of fat on the snow-white waist and abdomen, and with the gradual rapid drum beating, the two soft flesh on the chest also trembled with the rhythm of the dance, as if they would jump out of the corset as thin as cicada wings at any time. The Emperor Taishang of the Ming Dynasty was fascinated, and even Maria. Clementina didn't notice when she walked up.

"Jason, Mr. Engels's secret telegram." Maria leaned into Zhu Jishi's ear and muttered in a low voice.

"Oh, Engels's cipher, what's the matter?"

"Engels intends to support Prince Wilhelm of Germany as King of England, and he wants to ...... with us"

"Prince Wilhelm of Germany?" Zhu Jishi frowned, "Which one?" ”

"He is the eldest son of the German crown prince Frederick and the eldest British princess Victoria, and the heir to the future German Empire."

"What! William II became King of England!? (To be continued.) )