Chapter 591 [Dragon Coin Quantitative Easing] Take other countries' money to spend
For the mechanized troops of the armies of all countries in the world, because they rarely carry out large-scale mechanized operations in bitter cold areas, it is difficult for them to avoid the impact of the natural disaster of frost.
The prescient Emperor of the Chinese Empire, Wang Chenhao, ordered the Imperial General Armament Department to develop antifreeze, and finally his wish was fulfilled in November of the 41st year of Guanghua.
China Emperor has developed a series of antifreeze and equipment antifreeze protection technologies. In view of the self-freezing of fuel, the Chinese Empire has developed various grades of antifreeze fuel. Since the general condensation point of gasoline is about -75 degrees Celsius, there is basically no need to develop antifreeze gasoline. The only antifreeze gasoline is minus 95, which is used exclusively for polar research vehicles (the lowest temperature in Queens, Antarctica, in 1941 was minus 92 degrees).
The only thing that needs to be treated with antifreeze technology is diesel, and due to the high thermal efficiency and economic benefits of diesel, the world's major powers are vigorously developing diesel engines and diesel-powered locomotives. Most of the vehicles of the Imperial Chinese Army use diesel, which can save the army a considerable amount of military expenditure, and diesel is the least cold-resistant, so it is necessary to develop diesel labels for use at various temperatures.
Since the territory of the Chinese Empire spanned the entire north and south poles of the earth, encompassing all temperature zones, the requirements for the use of diesel at different temperatures were also the highest in the world. Prior to this, the Chinese Empire had developed No. 10 (specially supplied to a few extremely hot areas), No. 0, No. 10, No. 20 and No. 30 diesel, of which No. 30 diesel was mainly used in the cold areas of the northern part of the Chinese Empire.
However, for the Imperial Chinese Army, the Navy and Air Force are global mobile arrival forces, while the Army has just solved the problem of fighting in desert areas, but it is still uncertain about operations in polar cold areas, and the main reason is the freezing of mobile force vehicles in cold areas.
Zhang Ting brought the General Armament Department to cooperate with Beiyang Science and Technology Heavy Industry Co., Ltd., mainly for the development of negative 40, negative 50, negative 60 and negative 90 diesel, as well as anticoagulants in the pipeline to prevent condensation in the vehicle cooling system.
The various grades of diesel fuel have little to do with their quality, and the difference in labels is only for the content of antifreeze added at different temperatures. Due to the fact that the minimum winter temperature in a considerable part of the eastern part of the northern part of the Chinese Empire (Siberia) reached minus 83 degrees Celsius (more than the minimum temperature in the Arctic), the Chinese Emperor [***] had to develop the extremely expensive minus 90 diesel to solve the problem of diesel condensation in the region.
The biggest difficulty of the anticoagulant is to ensure that the condensation temperature is lower than the ambient temperature, but also not to affect the overall combustion value and economic and practical efficiency of the diesel, and at the same time, it can not cause corrosion, blockage and other problems to the vehicle engine and pipeline. Previously, the major chemical enterprises in the Chinese Empire basically used methanol (CH3OH) and ethanol (C2H5OH, commonly known as alcohol) containing calcium chloride (CaCl2), organic matter as the main raw materials for precoagulants, but for the emperor, methanol and ethanol have a strong volatile surname, which is not suitable for use in the north, and the cost, safety and practicality of these precoagulant raw materials are not ideal.
As a result, the emperor organized hundreds of top chemical and physical experts to set up a special anticoagulant development team to develop new anticoagulant raw materials. After three months of research, we finally developed a comprehensive antifreeze based on ethylene glycol (C2H4 (OH)2, commonly known as sweet alcohol), glycerol (C3H5 (OH)3, commonly known as glycerin, etc., and added to purify soft water, which solved the problem of antifreeze and anti-condensation of water tanks, engines and fuel tanks, and achieved the safety surname, anti-scale, anti-corrosion, anti-freezing and other conditions required by the military, and at the same time, large-scale industrial production can greatly reduce the cost of use.
Due to the secrecy of the technology, the Zhonghua Emperor and the contracted production company have reached a confidentiality agreement, and all these antifreezes are used for the vehicles of the Emperor and are temporarily closed to the public.
The first batch of 10,000 tons of antifreeze was supplied to the imperial side in December, and was urgently deployed by the imperial side to the front-line combat readiness duty units of the major military regions in the northern part of the empire.
With antifreeze and high-grade antifreeze-resistant diesel, the armored forces in the northern part of the empire can finally do without the cat winter, and resume military training and campaign exercises with the same intensity as in summer, thus ensuring the combat effectiveness of the imperial army in winter, and becoming the only army in the world that can conduct mobile operations in alpine regions, making the imperial Chinese army truly realize the world's first unit with all-weather and all-area combat capabilities.
In the years since the outbreak of World War II, although the Chinese Empire did not participate in the war because of its strict neutrality, the Chinese Empire, both economically and militarily, has shifted to a quasi-wartime mechanism, that is, the Chinese Empire's political axe has not been declared to have entered a wartime state, but the major companies and enterprises of the empire have independently switched to the wartime economic model in order to make war profits, concentrate all funds to produce various materials needed for the war, and then export them to various belligerent countries for profit.
Although the Soviet Red Army had the largest number of tanks, planes and artillery in the world before the outbreak of the Soviet-German war, the German army participating in World War II was in second place, the American army was third, the French army was fourth, and the British army was fifth. However, it was mainly because the Chinese Emperor [***] team had not entered a state of war, so in terms of the number of tanks, planes and artillery equipment, the Chinese Emperor [***] only maintained the most basic number of deterrence, out of consideration for the burden on the national economy, to reduce the impact of military spending on the development of the national economy as much as possible, so that the national economy can develop at the fastest speed.
In fact, in recent years, the Chinese Empire still ranked first in the world in the production of military equipment such as tanks, aircraft, and artillery. During the outbreak of World War II, the Chinese Empire produced a total of 26,000 tanks, 13,000 combat vehicles, 36,000 aircraft, 107,000 artillery pieces and mortars of various calibers, and the production of thousands of weapons and equipment such as light and heavy machine guns, submachine guns, rifles, pistols, grenades, mines, steel helmets, and military boots was also the world's first. It's just that such a huge amount of armaments and materials were not equipped to the Chinese Emperor's [***] team, but were exported directly to various warring countries to earn foreign exchange.
With the Imperial Axe pulling out huge sums of money for the military, the military can finally expand its armaments. However, due to export control regulations, many military enterprises are unable to export high-tech weapons and equipment to foreign countries, so they are looking forward to the introduction of a large-scale arms purchase bill by the imperial side so that they can sell the advanced weapons and equipment they have carefully prepared to the imperial side.
In terms of the army, the number of M36 King Tiger heavy main battle tanks has been expanded to 8,620, the number of M28A3 Leopard medium main battle tanks has been expanded to 27,800, the number of M35 Hound light main battle tanks has been expanded to 6,450, the number of W30 series wheeled infantry vehicles has been expanded to 53,500 (including various types of field support vehicles), the number of Z29 series anti-tank (including self-propelled artillery) combat vehicles has been expanded to 25,000, the number of armed helicopters has been expanded to 9,800, and the number of Buran multiple launch rocket systems has been expanded to 6,000, 62,000 anti-aircraft guns of various types, field infantry guns, mortars, There are 126,000 support artillery pieces of various calibers, 64,000 heavy machine guns based on M2 (12.7 mm caliber), 220,000 light machine guns based on M15 (6.5 mm caliber), 8 million assault rifles based on M16 (6.5 mm caliber), 8 million automatic rifles mainly based on M21, 7 million pistols mainly M11, 1.5 million individual radios (equipped to squad platoons), 300,000 individual rocket artillery (equipped with squad platoons), 300,000 M29 series sniper rifles (including anti-tank sniper rifles, also equipped with squad platoons), and steel helmets, 10 million sets of body armor, military uniforms, military boots and other equipment, as well as a reserve of up to 1.66 billion tons of ammunition sufficient for the Empire's 2.5 million standing army to continue fighting for a year.
For the army's individual equipment, the most prominent is the 6.5 mm caliber M16 assault rifle, this assault rifle has a capacity of 30 rounds, which can be used as a rifle for burst fire, and can also block light machine guns for assault strafing and continuous fire. At a time when armies all over the world are using rifles as infantry weapons, the Imperial Chinese Army has realized the large-scale equipment of infantry with assault rifles, and the firepower has increased several times at once.
Of course, it can be seen from the fact that the Imperial Chinese Army still purchases a large number of rifles, and the actual combat ability of the M16 assault rifle is not perfect, and it also needs a long-pole rifle as a supplement.
In terms of the navy, in view of the experience of the Soviet-German naval battle in the Gulf of Finland, the Imperial Navy did not increase the construction of battleships, but it also did not increase the construction of aircraft carriers, because the existing battleships and aircraft carriers of the Imperial Navy are strong and do not need to be built for the time being. However, out of concern for the future air defense of the fleet, the Imperial Navy increased the number of Aegis air defense heavy cruisers in China, expanding the original average of one large capital ship with one Aegis air defense cruiser and two air defense destroyers to one capital ship with two Aegis air defense cruisers and four destroyers to escort it.
In terms of aircraft carriers, the Imperial Navy accelerated the deployment of jet fighters on aircraft carriers and the training of jet fighters on ships, and urged naval shipyards to speed up the completion of the nuclear-powered aircraft carrier Taishan. The number of F-6 (Wildcat) carrier-based fighters was expanded to 1,200, with one-third being two-seaters. 1000 F-8 (Osprey) torpedo bombers, including 200 two-seaters.
In terms of submarines, the Imperial Navy accelerated the construction of the number of Song-class conventionally powered submarines, expanding to 300 units. At the same time, the Yuan-class nuclear-powered attack submarine has also accelerated its sea trials and is expected to enter service with the Imperial Navy as soon as possible.
In terms of the Air Force, the Imperial Air Force plans to massively expand its combat aircraft. Among them, the J11 series fighter fighters have been expanded to 8,000, A-5 strike fighters 4,000, B-2 (Mustang) tactical bombers 5,000, H-7 (Flying Fortress) strategic bombers 2,000, and P40 Mountain Eagle combat trainers 4,000.
In addition, the Imperial Air Force still produced 8,000 propeller combat aircraft as a supplement. Of course, if you don't need to replenish it, you can also sell it directly abroad.
On the surface, the combat aircraft of the Chinese Imperial Air Force are significantly less than those of the air forces of Europe and the United States, but the aircraft of the Chinese Imperial Air Force are already second-generation jet aircraft, and they are not comparable to the propeller aircraft of the mainstream air forces of European and American countries.
In addition, it can be seen from the large expansion of the number of combat trainers by the Imperial Air Force that the Imperial Air Force has accelerated the training scale of pilots. Although the Chinese Empire has dominated the world's aviation industry for nearly 40 years and has trained millions of outstanding pilots, considering that the air forces of European and American countries are expanding explosively, the Air Force of the Chinese Empire has no choice but to expand in order to ensure absolute air supremacy.
At this time, the Standing Personnel of the Imperial Chinese Air Force had 640,000 personnel, including 400,000 at home and 240,000 at major overseas bases. According to the latest order of the Imperial General Staff, the Imperial Air Force must be expanded to at least 1.12 million men to ensure absolute air supremacy.
For the Imperial Celestial Army, its scale is also expanding, from the current 42,000 to 110,000, the number of missiles of various types has been expanded to 1,220, and the warhead reserve is 1,300, including 42 nuclear warheads of various yields, with a minimum of 50,000 tons of TN-T equivalent atomic warheads, and a maximum of 800,000 tons of TN-T equivalent hydrogen warheads.
The war reserve work of the four armies of the Chinese Empire, the Army, Navy, Air and Space was officially launched at the end of Guanghua 41 and was planned to be completed by the end of 42 years, when the Chinese Emperor [***] team would reach a fairly strong level.
Regardless of the military, at the end of 1941, the Chinese Empire accounted for 53% of the world's total economic output and 45% of the world's total industrial output, three times the total industrial output of Germany, and more than the industrial output of the entire Allied countries combined. This is also the result of the fact that the Chinese Empire did not fully enter the wartime economic model, and if the Chinese Empire did enter the wartime economic model, the total industrial output created by the 500 million people would be very terrifying.
However, at this time, there was a very serious bottleneck in the economy of the Chinese Empire, that is, the money supply has been unable to meet the demand for money in the market. Especially since the outbreak of the Second World War, this situation has intensified every day. On the one hand, because the Chinese Empire exported various materials on a large scale, Western European and American countries were in urgent need of various war materials, but the Chinese Empire only collected dragon coins and real money. And this kind of trade forced countries to export their cheap mineral resources, human resources, and agricultural resources to the Chinese Empire in exchange for the Chinese Empire's dragon coins.
This rapid economic cycle exacerbated the shortage of dragon coins, and the Imperial Chinese Diet also disagreed on the strict peg of dragon coins to gold, and the gold standard was already impacting the economic development of the Chinese Empire.
In the 41st year of Guanghua, the circulation of the broad currency of the Chinese Empire was 8 trillion dragon coins, of which 3 trillion dragon coins were used for international circulation. The gap in the dragon coins used for trading in the Chinese Empire throughout the year was as high as 2.6 trillion, and the gold and silver obtained from European and American countries could only replenish 1.1 trillion dragon coins, and the other 1.5 trillion dragon coins were actually traded in a situation of barter and credit. This created an obstacle to the economic development of the empire, and the situation of credit also created considerable risks.
In addition, during the war, the payment of various royalties to the Chinese Empire was largely stagnant. In particular, the largest royalty for alternating current. Moreover, all kinds of military equipment are actually being copied and produced in various countries, and the political axes of various countries refuse to disclose the specific amount on the grounds of military secrecy, and this patent fee cannot be ascertained because of the war, which greatly reduces the patent fee income of the Chinese Empire.
Almost invariably, the political axes of various countries made IOUs to the Chinese Empire, or directly repaid them in their respective currencies. And the currencies of various countries have a great risk of depreciation, which is actually tantamount to deliberately defaulting on debts with the Chinese Empire.
In this case, the Chinese Imperial Government refused to accept the currencies of various countries, but the private merchants had to accept the currencies of various countries in order to better sell goods to various countries.
In order to avoid the economic loss of the imperial citizens in foreign exchange, the imperial government should increase the amount of dragon coins issued to hedge against the depreciation of national currencies, but this required the Chinese empire to abandon the gold standard.
For this reason, the Imperial Axe and the National Assembly continued to communicate, and the issue once again set off a congressional debate war. The parliamentarians who supported the abandonment of the gold standard were concerned with the economic interests of the imperial importers and exporters, while those who opposed the abandonment of the gold standard were based on the interests of the people at home. Since ancient times, the amount of money issued has been a contradiction in terms of foreign trade export profits and domestic prices. Increasing the amount of money issued will naturally stimulate foreign trade and exports, but it will increase domestic inflation. Conversely, the supply of money decreases, exports shrink, and domestic inflation decreases.
For the Chinese Empire, the biggest source of profit was exports, all because of the outbreak of war. But sooner or later the war will end, and inflation during the war will cause problems after the war.
Whether they were for or against, they were based on the interests of the people of the empire. So, when the parliament was quarrelling, the emperor Wang Chenhao intervened for the first time.
With Wang Chenhao's intervention, the Imperial Congress reached a temporary agreement to temporarily increase the issuance of dragon coins to hedge against the general depreciation of international currencies and expand the empire's export trade. However, the major banks of the empire will monitor the price level and the degree of inflation in the country, and will stop immediately in the event that foreign trade profits cannot compensate for the loss of domestic inflation. The major banks of the empire will recover the excess dragon coins in the market as soon as possible.
In fact, what Wang Chenhao means is that the imperial political axe adheres to the gold standard and provides an asset security guarantee for the people and the international community, but in fact, the empire's gold and silver reserves cannot meet the normal exchange standard of the dragon coin issuance, that is, the dragon coin is actually no longer issued by gold reserves, and completely relies on national credit to maintain the stability of the currency value.
Of course, there is a more important reason, that is, the Chinese Empire is ready to intervene in World War II, and once it does, then military spending will be astronomical. At this time, the Chinese Empire issued additional dragon coins, and the amount of additional dragon coins could be as high as 500 billion dragon coins that year, which would directly solve the problem of military spending after the empire entered the war. In fact, since the dragon coins of the Chinese Empire are international currencies, the additional 500 billion dragon coins issued will be jointly borne by the people of all countries in the world, and according to the calculation of the 3 trillion dragon coins in international circulation, the citizens of the Chinese Empire will actually only bear about 300 billion dragon coins of the debt, and the other 200 billion debts will be borne by the foreign exchange reserves of other countries, and the Chinese Empire is equivalent to taking 200 billion dragon coins from other countries free of charge to fight wars and develop the military strength of the Chinese Empire.
(To be continued)