Chapter 550: The Dollar Crisis

Sam Jun did have to work hard, and their opponents were in hot pursuit, and even the slightest pause could wipe out the advantage they had accumulated over half a century.

The nuclear-powered aircraft carrier of the Ming Empire is progressing slowly, but as long as it is not a fool who understands it, it is just Yang Feng's absent-mindedness to make money, as long as he is willing, with the strength of the Ming shipbuilding industry, he can send this 90,000-ton warship into his high seas fleet in no more than two years of full speed, and with the strength of twenty-four Qi Jiguang-class destroyers and twelve and thirty-six regional air defense ships under construction, the Ming High Seas Fleet has an absolute advantage in this field.

Until now, there is still a big gap between the United States and him.

At least until all the twenty-four Leahy-class cruisers are put into service, the United States still has to be second in this area, and this is purely in terms of quantity, if you count the difference in the performance of the missiles between the two sides, in fact, before the Typhon system is put into service, the Pentagon does not think that it can gain an advantage.

What's more, Yang Feng's development speed is no slower than that of Mi Guo.

Another important opponent, the Soviets, is also catching up, although the nuclear-powered aircraft carrier of the bald man does not know whether it is true or not, but with the success of the Styx missile, he has also begun to build a new generation of Kasin-class missile destroyers with this missile as the core. This gas turbine warship with Goa ship-to-air missiles and Styx anti-ship missiles as the core, although it is certainly inferior to Yang Feng's Qi Jiguang class in terms of performance, but the latter has all the things, and it can also be regarded as the latest warship, at least in a single-ship duel, there is no warship of the same level that can compete with it.

Construction has also begun on a new generation of Kenda-class missile cruisers, which are said to be equipped with large long-range supersonic anti-ship missiles.

These latest warships and four conventionally powered heavy aircraft carriers gave the Soviet Navy the ability to compete with the United States in the ocean to a certain extent. Even on the crowded Mediterranean. Their Black Sea Fleet has become a formidable force. At least the U.S. Navy can no longer guarantee its own safety there.

Also ambitious is De Gaulle, an increasingly dishonest guy who has also started the construction program of the Suflen class large missile destroyer, which is not only equipped with Masuka medium-range ship-to-air missiles, but also will purchase Eagle Strike anti-ship missiles from Daming, which is actually similar to the Gallic version of the Qi Jiguang class, both air defense and anti-submarine capabilities are very good, at least the performance is far more than the Charles Adams class being built in the United States.

Moreover, de Gaulle has already purchased Ziyan ship-to-air missiles from Daming, which will be used to modify the twelve T47 destroyers built before in the future. Coupled with the two Clemenceau-class aircraft carriers, soon the most restless guy in the NATO system will have the most modern aircraft carrier formation, at least not inferior to the United States.

The first batch of four county-class destroyers of the Royal British Navy are close to service, with a displacement of 6,000 tons plus sea cucumber medium-range ship-to-air missiles, and the Eagle Strike anti-ship missiles purchased from Daming will be installed in the future, which is another British version of the Qi Jiguang class, and Britain has also purchased Ziyan ship-to-air missiles. to replace the Sea Cats in retrofitting their old warships.

And Britain also has two heavy, three medium, and five modern aircraft carriers.

The advent of the missile era, the benchmark of the new generation of capital ships. Let the huge old warships of the United States become a victim of technological development overnight, the current world, like the era when the dreadnought just appeared, but unfortunately the United States has not become a leader in technology. The once invincible maritime hegemon had to stand on the same starting line with others, and if you want to become a leader again, you can only go all out.

No matter how much money is spent, the technological advantage must be regained.

And what the people of the United States are betting on is nuclear power and the Typhon system, and they want to regain the throne of the king of the sea.

"Six nuclear-powered aircraft carriers, our friends in the United States are really courageous!"

Yang Feng said very deeply.

In front of him is his Mukden nuclear-powered aircraft carrier, although he has been building carelessly, but at this time the main part has also been completed, in fact, he is playing modular construction, now the hangar and flight deck have been completed, it is expected that it will be launched in another year, and it will be possible to sea trials in two to three years, and basically form combat effectiveness within five years, and then match the ghost and the latest Super Tiger Shark fighter, first make do with the early seventies, and then replace the next generation of carrier-based aircraft.

"Führer, gold against the dollar in the international market has exceeded forty-two."

Adenauer beside him said expressionlessly, of course, he has always had this expression on his face when he was injured, he came to buy a batch of arms from Yang Feng this time, mainly the production authorization of the Albatross-class missile boat, this missile boat is very suitable for them, of course, this is actually theirs, in addition, there is also a modular composite armor kit for the Leopard tank, which is used to upgrade their European Leopard, excluding explosive reactive armor, which Yang Feng does not want to export for the time being.

However, this modular composite armor is also enough to withstand RPGs and 105mm armor-piercing shells.

At this time, the West German Navy has begun to build Hamburg-class destroyers and Cologne-class frigates, originally these two warships were mainly artillery-based in history, but this time Adenauer hopes to missileize them all to reach the current most advanced level, especially the Hamburg-class of more than 4,000 tons, it is obvious that it cannot rely on the anti-aircraft firepower of World War II to resist the Styx of the Soviets.

"That's none of my business, I didn't sell a penny of dollars."

Yang Feng said very frankly.

It is true that he did not sell the dollar, but because of the shrinking economy of the United States, the deterioration of the domestic security situation, coupled with the impact of the dragon dollar and the mark, a large number of investors sold the dollar in the international market and sucked in the stronger dragon dollar and even the West German mark, as a result, the real exchange rate of the dollar against gold quickly exceeded 42 dollars.

Of course, there is a more direct reason that the gold reserves of the United States are no longer enough to pay the short-term debt faced by the government of the United States, their gold reserves are only 13,000 tons, and their short-term debt is 20 billion US dollars, that is, 16,000 tons of gold, which is the first dollar crisis in history.

"What did Nixon mean?"

Yang Feng asked.

"What they mean is that the central banks of various countries will take out a part of the gold and jointly establish a gold treasury, and once the gold price exceeds the official price of $35, the general treasury will sell gold outward to pull down the gold price and continue to maintain the $35 mark."

Adenauer said.

The biggest impact of the depreciation of the dollar is Daming and West Germany, the former is the largest dollar reserves, Yang Feng has always held 10 billion US dollars in reserves, the latter is slightly less than him, but it also reached 5 billion US dollars, the original history of this time West Germany's foreign exchange reserves have been close to 8 billion, but now a large part of it has become a dragon yuan.

"Why should they let others carry the trouble they cause themselves? If the gold treasury is established, I will buy out all the gold in it overnight, and this treasury will not be filled with 8,000 tons of gold, right? In fact, this matter is very simple, the two-price system is fine, the official exchange rate is still 35 US dollars, and the people love what price is what price, but when the central banks of various countries exchange gold for rice, they must follow the price of 35 US dollars. This is their own price, since the Bretton Forest system has determined that they are the boss, then they have to have the performance of being the boss, and if something goes wrong and find someone else to carry it with them, what kind of boss is it? ”

Yang Feng said.

"But if this is the case, the central banks of various countries will definitely increase the official exchange of gold in the United States, the gold reserves of the United States will continue to fall, the dollar will continue to depreciate, and the Bretton Woods system will collapse."

Adenauer said.

"Then let it disintegrate, it was originally an emergency under special circumstances after the war, and if it loses its meaning of existence, then let its historical mission end! The consequences of the depreciation of the dollar are caused by the people of the United States themselves, we have no obligation to wipe the pi shares for them, and they don't want to use the dollar to kidnap me, although I have 10 billion dollars, but if one day this 10 billion becomes waste paper, I will only respect the changes in the market, and will not help some people who caused all this, and then let them continue to kidnap me year after year.

I will not participate in the gold treasury project, I am not a participant in the Bretton Woods system, and I am not obligated to do anything to maintain this system, in short, if the gold treasury is established, then I will throw dollars out, and I will see how much gold in this treasury can compete with 10 billion dollars.

My request is very simple, no matter what the private exchange rate is, the Fed must exchange the dollars I hold for thirty-five dollars when I need them, which is their legal content, and I only ask them to obey the law. ”

Yang Feng said.

This is an excellent opportunity to bring down the Bretton Woods system, which was originally mixed up by the people of the United States with the gold treasury, and the Bretton Woods system continued to survive until eight years later, the gold reserves of the United States continued to decline to less than 10,000 tons, while the short-term debt was as high as more than 30 billion US dollars, that is, more than 20,000 tons of gold, resulting in another dollar crisis. The people of the United States had to cancel the gold treasury and become a dual-price system, but only two years later, the gold reserves of the United States fell to 8,000 tons, and their short-term debt was as high as 60 billion US dollars in the same period, that is, the gold reserves were only able to pay one-sixth of the short-term debt, Nixon could only announce the freezing of the exchange of dollars and gold, and the Bretton Woods system collapsed.

And Yang Feng just wants to let them directly enter the countdown. (To be continued.) )