Chapter 437 The Unveiling of the Era of Huayuan Hegemony
As Yang Feng expected, the day after Britain abolished the gold standard, when his huge airship fleet landed in Shanghai Municipality amid the cheers of the people, France announced the abolition of the franc gold standard, and then Germany, Russia, and Austria-Hungary also abolished the gold standard.
However, this has little impact on China, the funds in the hands of the Chinese have been fooled into the Great Steel Refining Movement by Emperor Yang in recent years, and it is too far from London, and the Chinese capitalists are too short to play finance in the end, and few people will focus on the bond market, but it has dealt a big blow to the United States, whose economy has now been tied to Britain, and the New York Stock Exchange has also been urgently closed by the surging sale of British bonds.
Fortunately, at this time, the Huayuan was still strong, and Emperor Yang publicly promised in Shanghai that the Huayuan would continue to maintain the gold standard, but at the same time, the Chinese government also issued a temporary gold control order to prohibit the flow of gold abroad, which meant that even if the People's Bank of China allowed the exchange of huàn gold, the gold would only remain in China.
Of course, there is nothing wrong with this, now that all European countries have done this, the only one left in the gold capital is strong, if the gold is allowed to go out of the country, it will not be a fool, but as long as the Chinese dollar maintains the gold standard, this is enough, and who will have nothing to do with huàn A bunch of gold at home, is it possible to go to the street to buy vegetables in the future and carry a gold coin with a minimum face value of 100 yuan to scare the vegetable sellers to death?
In this way, the Chinese dollar, which still maintained the gold standard, became the darling of the international settlement system, and the previously beloved pound sterling was kicked aside without hesitation like a tired yellow-faced woman, and the red banknote with the head of Emperor Yang was everyone's favorite, and even the African knew that this banknote was gold.
"You see how good this is, we don't actually have to do anything, we can do it ourselves naturally." Yang Feng said proudly.
"Currency is such a thing. It is just a tool in the circulation of trade, which has no value in itself, whether it is gold or silver or money produced on a printing press, so what is valuable? It's its credibility, it's people who believe in it.
Because of their rarity, precious metals have a natural reputation attached to any country in the world, any bank. None of them have the same reputation, so gold has become the world's currency, and silver has become a substitute or adjustment for gold, but precious metals are not actually suitable as currency, because its production is limited, and when the circulation in society soars, this restriction will be revealed, and people will feel that there is a lack of money, and circulation is restricted.
The solution is banknotes. And it's the only workaround.
But the question is how can such a small piece of paper produced by an assembly line have the same reputation as precious metals? Quite simply, as long as the person who printed the little piece of paper has that kind of credibility.
So where does the credibility of the person who prints this little piece of paper come from?
Strength, credibility comes from his strength.
Where does the strength come from?
Army. The strength comes from the fact that he has a strong army.
A strong army comes from the fact that he has a strong country, and the stronger our country, the stronger our army, and the stronger the People's Bank. The greater the scope of believing in the credibility of the PBOC, the more the credibility of the PBOC will only work on our own land when our country can only protect itself. Huayuan's credibility is also limited to our people, among our people it is gold, when our country's strength can control Asia, Huayuan's credibility is the whole of Asia, when our country's strength is enough to control the world, Huayuan's credibility is the whole world.
And our ultimate goal is the world, what we want is for the Chinese dollar to become the world currency, as long as our country, the military strength is enough to control the world, at that time even if we abolish the gold standard, the Chinese yuan is still the world currency, and now we can't do this, we can only use the gold standard to take the lead.
Once the time comes when we abolish the gold standard and the Chinese dollar is still the world's currency, then the whole world will become our pasture, and the whole world will be our sheep for us to gather wool, and the means will be varied, and the use of our wool from the whole world is certainly not to increase our wealth, what is the meaning of wealth to us at that time? There is no more meaning, what we need is to feed our country and our army with the wealth of the wool harvest, to ensure that we continue to control the world forever and forever, and to continue to collect wool in the whole world forever and forever.
As long as our strength can guarantee to control the world forever, Hua Yuan can guarantee to always collect wool from the whole world, as long as Hua Yuan can always collect wool from the whole world, our strength can guarantee to control the world forever, this is a circular cycle, as long as it is not our own death or alien invasion, a catastrophe hacks us to death, this cycle is unsolvable. Yang Feng lay on the big bed floating in the sky in his own way, and while looking at the white clouds, he described the future Huayuan hegemony to his wives, of course, such a loving thing as dominating the world would not be cared about except Ye Zi, and Lin Luoke was already drowsy at this time.
He is now actually letting Huayuan copy the whole process of the dollar's counterattack, but unlike the United States, the strength he can now control is stronger, so it certainly doesn't take so long, the United States has basically started this process after World War I, but unfortunately at that time, although they were strong, they were still far from controlling the world, and the vast majority of the world's gold flowed into their hands through the guò war, so they had to engage in a mutually compromising gold exchange standard with other powers.
After World War II, there were only two powers left in the world, the strength of the United States, and the fear of the Soviet Union in European countries, which finally allowed the dollar to step on the throne with Bretton Woods.
Now Huayuan doesn't need to be so troublesome, it will be completely okay to operate this war well, and now it will continue to maintain the gold standard, and it doesn't matter if you play the gold exchange standard for a few years after the war, in fact, even if the gold exchange standard can also complete the task of wool, but it is not so arrogant, why did the Great Depression affect the whole world? That is, the whole world is paying for the economic crisis in the United States, but the dollar is too weak to completely pass it on, and it is just a 21st century trial to ensure that the first to collapse is not the US stock market.
Of course, these details don't need his earnest teachings, and now those under him haven't stood at the right height, and when they can overlook the world, these things are basically self-taught, and in the end, height determines IQ.
Just as he was leisurely traveling around the country with his wives while Europe was struggling in the bloody wind, a sudden news came out on the distant American continent that Alabama, to which the United States of America belonged, would hold an independence referendum.
This news did not arouse too many people's concern, compared with the brutal bloody war in Europe with hundreds of thousands of casualties, such a trivial matter is not worth mentioning, and this state has actually been separated from the Union for a long time, and almost all of the previous wars have had confrontation with the Federation, plus the economic ties with the Confederacy have become closer and closer over the years, and it is rare to be able to delay the independence referendum until now.
But this news is different for Americans, which means that the United States will face division again, even if President Bryan is weak, he will not tolerate this kind of thing, the US government immediately declared that Alabama has no right to hold such a referendum, and at the same time sent a large number of lobbyists to coerce and induce to try to redeem the decision of the Alabama legislature, and even the army stationed in southern Georgia to guard against the Spaniards was transferred to Alabama urgently, But unfortunately the border line was once again blocked by the Alabama National Guard.
And no matter how generous the U.S. government offers this time, the Alabama legislature is determined to hold an independence referendum.
At the same time, the Confederate States of America issued a statement demanding that the U.S. government respect the free choice of the people of Alabama, and since the people of Alabama want a referendum to determine their future, then their demands must be respected, and once the results of the referendum show that the overwhelming majority of Alabama people choose independence, then they should be allowed to become independent, just as the three Confederate states were allowed to become independent.
As soon as this statement was issued, basically the outside world was already very clear who was behind the scenes, and it was not easy for Emperor Yang to stop for so long, but this news was not unacceptable to other countries, of course, mainly the United Kingdom, and even the British secretly breathed a sigh of relief at this time, in the end, they also knew very well that with China's current strength, it was impossible not to expand externally, and a boiler that burned enough steam always needed a pressure reducing valve, and he was much better worried about the United States than about British colonies in Asia.
And a huge country like the United States, the current fourth industrial power in the world, and the world's first industrial power, can be said to be a huge piece of fat, even if only Yang Feng gnaws, I am afraid that he will not be able to gnaw it for more than ten or twenty years, and maybe he will have to break his teeth, so that he will not have the time to worry about other places. (To be continued......)