That's right, this is Her Majesty Queen Victoria's newly bought house.

Of course, the matter was not publicized.

After all, the war is imminent, but it is really unreasonable to use the soap money of the Jews and the savings of the regent of the Qing Kingdom to buy a house.

Of course, this is procedural justice, not the embezzlement of military funds to repair the garden.

Walking into the courtyard, the graceful and luxurious royal style of the past is back.

Gardeners are diligently building flowers and plants, and shoe grinders have dozens of new pairs of shoes around their necks, polishing the soles of their soles for the queen one by one.

Everything is so methodical, everything is so natural.

It was as if the terrible stock market crash a year ago had never happened.

"Mr. Prime Minister, Her Majesty is waiting for you!"

The Latham family led the way.

It can be seen that the soap of the Jews and the gold of the devil are very rich, and Her Majesty's new house is magnificent and spacious.

"Oh John, God forbid, I'm glad you came out of your grief so quickly!"

Away from the filthy air of London and taking off her damn bird's beak mask, Victoria was in a great mood, but she had to pretend to be sad and comfort her cabinet minister.

Because three days ago from the Far East came the news that his youngest son, who was most favored, was arrested by the Ming people.

After the so-called "people's trial", he was sentenced to death and immediately executed.

Presumably at this time, he should have returned to the arms of the Lord, right?

But it is clear that, just like his eldest daughter was shot in Sarajevo, the loss of a son did not deal any blow to the imperial prime minister in front of him.

Victoria was pleased that the wartime prime minister now had the same outstanding character as herself.

"Your Majesty, I'm more worried about the new way of fighting shown by the people of the Ming Kingdom!"

Churchill sat on the sofa, trying to take out a cigar, and suddenly remembered that this was the Queen's house, and hurriedly stuffed the big cigar back in embarrassment.

"War has completely transformed from a plane operation to a three-dimensional operation, and as the most powerful country in the world, we in the British Empire must have our own aviation regiment!"

Victoria took over the paperwork, which laid out the blueprint for the formal formation of the Royal Air Force of the British Empire.

According to the calculations of the Ministry of Defense, in order to compete for partial air supremacy with the Ming Kingdom, the British Empire needed at least 20 new airships.

If they want to regain air supremacy in North America, the number will reach 100.

"We can introduce French technology, and now the price of aluminum products has been reduced to 18 of silver, which is an excellent time to form an airship aviation regiment."

"These airships can also be used on the battlefields of Europe. Your bigoted, coarse father-in-law has now entered Luxembourg and thwarted the grey cattle of the Russians in East Prussia. ”

"If we can have an air brigade deployed in Belgium or Sedan , we can better manage our large forces on the Marne."

"In short, spending £7.7 million to build the air force of the British Empire is definitely a great value for money."

Old Churchill pobbed the Queen.

In this huge order of 7.7 million pounds, the consulting fees and consultant fees of the Ministry of Defense account for about 40%.

Again, this is the cost of the list.

What is not visible on the list is even more invisible.

Of course, the Churchill family also has a share of this money.

The Queen of England today is much more powerful than she was during World War I and World War II.

Although it is not as good as the monarchs of Germany, France (former), Ottoman, Russia, Austria-Hungary, Belgium and other countries, it is definitely not a decoration.

For example, Victoria has the power to veto this budget.

Fortunately, Victoria did not mean to obstruct, after all, it was all taxpayers' money that was spent, and it had nothing to do with her: "If you and the generals of the Ministry of Defense feel that you should form an air force, then do it!" As long as you can kick Zhu Fugui's ass, any cost is worth it! ”

"However, we still have a little bit of a technical problem......

Churchill pointed to the last page of the document, "At present, the Reich has been fully mobilized, the North Sea Fleet is already blockading the German coastline, more than 130,000 troops have entered France and Belgium to fight against Germany, and 80,000 troops are administering justice in Egypt and the Balkans."

What is particularly fatal is that Ming, as an intercontinental power, will pose a major threat to us in North America, the Malay Archipelago, Burma, HK, Afghanistan, and even Iran......"

"Let's get to the point, my Prime Minister!"

Victoria was confused by the endless flow of geographical terms, and interrupted impatiently.

"To put it simply, Your Majesty, our treasury is rapidly dwindling, and there are signs of deflation in the market."

Old Churchill pointed to Dalton's name and said, "Here is the opinion of the Chancellor of the Exchequer, that if the empire prints more money in a modest, step-by-step, and economic manner, it will be conducive to alleviating the fiscal deficit and deflation in the market." ”

The issuance of additional currency was not an impossibility in the gold standard.

After all, the amount of money issued is a secret of governments and banks.

Moreover, it is almost impossible for all coin holders to request the exchange of gold at the same time, and a certain degree of over-issuance is almost customary.

In addition, the credit of the government and the banks themselves can also support a certain degree of over-issuance.

However, it is clear that the over-issuance of currency proposed by Churchill is not over-issuance in the conventional sense, but a relatively large over-issuance.

"Your Majesty, rest assured that our over-issuance of currency is rigorously calculated, resulting in only a slight, healthy, mild inflation that will be conducive to economic recovery."

Victoria was a little worried, but with Churchill's repeated assurances and the explanation of the Privy Council, the policy, known as Churchill's New Deal, was quietly passed in the new royal residence in Oxfordshire.

Churchill Sr. was full of confidence, believing that a positive and moderate monetary stimulus would not only bring him a large amount of military spending, but also that military orders and the abundance of money would also boost the economy.

In theory, he was quite right.

It's just that......

·

Compared with the situation that the Manchu government from the Forbidden City to the Green Camp was infiltrated by the Ming Dynasty, the British government was still airtight.

The white hounds are all young, and even if they have a pound to open the way, they are now some middle- and lower-level civil servants, and they do not have access to top-level intelligence.

However, we must not underestimate the middle and lower-level civil servants, they are exposed to a lot of information, as long as they can be effectively refined, they can still find a lot of vital information.

For example, this time, about a month and a half after the secret conversation at the manor, the information on the British's additional currency issuance was put on the table of the Long Live Lord.

In this regard, His Majesty Zhu Fugui made an important instruction, which is four big words: "Super double".

Moderate inflation?

Inexistent!

Zhu Fugui shook his head: "Lao Qiu, do you want to be Roosevelt?" Dream on! Constant bald head is your fate! It won't be too late when the pound becomes a Golden Dollar! ”

At this point, the financial war of the Ming Dynasty against the British Empire officially began.

At the same time, Zhu Fugui will also move to Xinyu, and the first round of the offensive in the Ming Beiyin Theater will be launched in the tenth year of Dewu, that is, in the last month of 1872!

This will be the first large-scale, large-scale battle with the enemy on the Beiyin Continent.