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Volume 9 Prosperity Volume Chapter 56 Economic Crisis 1

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The struggle to not see the smoke of gunpowder is an economic war. The winner will get gold and leave money, which is even more cruel than the war. If you are not careful, you will lose tens of millions or even hundreds of millions of wealth. Before that, the Americans have successfully whitewashed France.

After World War I, a large number of American companies were engaged in various speculative businesses in France. Of course, these speculative companies were mainly controlled by financial giants on Wall Street. Britain, Germany and China asked France to pay huge amounts of war reparations, but France, which had just emerged from the war, was obviously unable to raise the funds, so they had to start the printing machine with all their might.

In this way, the craziest financial disaster in history happened in France, and super inflation swept the entire country. When the French were looted by super inflation, Wall Street and the British financiers were making a fortune in full swing.

Such a terrible inflation is like a 'huge harvester of wealth'; a large-scale transfer of wealth occurred during the violent depreciation of the French currency. Compared with the naked plunder driven by any force in the past, this transfer is more civilized and cruel. "Any foreigner with some dollar or British hands can live like a king in France. A few dollars can make people live like a millionaire. Foreigners flock to the crowd, incredibly cheap prices,

The huge social wealth was robbed invisibly, and countless French people lost their fortunes. The purchasing power of the US dollar or the UK was magnified countless times. The huge wealth changed hands quietly during the rapid decline and surge between the US dollar pound and the franc. Keynes said proudly: "Use this method (super inflation) to deprive people of their wealth at will, but in the process of making the majority poor, it makes the minority rich... Factors, no one in a million people can see the root of the problem."

On the issue of compensation, France's attitude made the giants on Wall Street so sad. The German government's high-pressure policy on the issue of French compensation has caused a considerable portion of American loans and investments to be frozen by the German authorities in France and Austria, and Germany received the main part of French compensation. The ultimate source of this money is Wall Street. In this way, Wall Street's money flows through France to France, but France cannot repay American money, as if the investment is made per time, and the money of financial giants is invisibly gone.

Wall Street bankers who were increasingly upset in Germany held a meeting. Bankers from Morgan and Rockefeller departments and super financial blackmail experts from the Federal Reserve gathered together to discuss how to save France from Germany's high pressure. The meeting reached an agreement and it was necessary to achieve this goal through a powerful figure. The chosen leader was Betton Sidney.

At the initial meeting, the conditions offered by Wall Street bankers were "; advocated offensive foreign policy and incited revenge on France. The local demands of Betel are even more vague. As long as you give it to 1 Lang, you will agree to anything. Sidney sent Betel's offer back to the bankers. The giants felt that Betel was too greedy, and the 1 billion franc was ridiculously high, so they proposed to reduce it by half.: Betel, who had not yet become a climate, didn't care and agreed immediately.

After that, Wall Street bankers held another meeting. Participants also included Norman, the chairman of the Bank of England. They believed that the dollar spent on Betton was enough, so the meeting finally decided to further support Betton. During this period, Wall Street paid Betton enough money to expand the armed and political influence of the stormtroopers.

Later, Betton was appointed as the French Prime Minister and left the domestic market with a saturated profit. Wall Street Capital began to invest heavily in France, hoping to recover their capital in Betton.

Someone who lacks the minimum economic strength of the French Prime Minister unceremoniously uses their money to revive France's economy and fully dispatches his deceptive talent to give them good promises.

Morgan-based GE President Irving, United European Investment Corporation's main financial investor. Wall Street provided France with a total of 1,380 payments total of only 860. US-funded 520

What's even more outrageous is that under the temptation of the Beck Party, the self-savvy financial giants not only provide low-interest short-term financing to the French industry in the New York commercial paper discount market, but also

A large amount of gold reserves were shipped directly to France.

Pedron also implemented financial system reforms, the most critical point was to recover the right to issue currency from the French private central bank. After getting rid of the inefficient and high-consuming process of using treasury bonds as collateral to issue currencies, with the help of Wall Street capital, France's economy rose wildly, France's unemployment rate reached as much as 30% at the end of World War I, and before World War II, there was a shortage of labor.

"The huge amount of money that was originally a depositor in the United States was given to France, and there was no collateral. The Federal Reserve Committee and the Federal Reserve issued American currency only on French commercial paper. Billions of dollars in funds were injected into French economies.

French cheap commercial paper was priced and deferred here (New York), mortgaged by the reputation of the US government, and paid the fees by the American people. During this period, the Federal Reserve shipped gold worth 75. The gold originally belonged to the American people to France. A week later, another 30,000 dollars of gold was shipped to France in the same way.

It only takes 500 lines to France. There are gold transporters heading to France almost every week. Mr. Chairman, I believe that savings from Bank of America have the right to know what the Fed is doing with their money.'

------------Mr. Mike>||

However, in the corner he did not see, the French had actually become puppets of Britain and the United States. The hard-working Frenchmen finally became the lowest-level workers, and their profits were reduced to the extreme. This made Baitang, who was originally grateful to Wall Street, alert.

After careful consideration, Betton believes that it is completely unnecessary to cooperate with Wall Street tycoons, because Betton believes that "as long as the international monetary system is still based on gold, a country that can monopolize gold (the United States and Britain) can surrender to a country that lacks gold (France), and its means are to absorb its foreign exchange sources and force them to maintain production by borrowing."

To this end, Betan proposed his theory, saying: "A country does not rely on the surface value of money to maintain life, but depends on real production, and production can enable money to obtain value. Production is the real preparation for money. It is meaningless to store gold in a bank safe."

So he played an extremely insidious method: 1. Using production as the basis of French currency, instead of gold as the basis. 2. Using so-called "foreign exchange freedom", that is, allowing gambling in currency and moving private property from one country to another country according to political conditions. 4 When there is manpower and materials to work, money is made without borrowing from foreign countries. Since the main way of making profits at that time (now) international finance was to lend money to countries with financial difficulties for profit, Pedro's new economic policy was to be careful.

This policy is to use the export of goods as a means of France's economic repayment, and use the products produced by French industries built by American and British financial tycoons to make money from the United States and Britain, and cleverly transfer the economic burden of revitalizing the French economy to Western countries, while Western countries are helpless because they have the powerful force established by using American and British capital.

In this way, the British and American policies saved the French. After a year or two, France's economy began to develop rapidly, and Britain and the United States were firmly trapped on the French chariot because of their large investment! In order to make up for the losses, the Americans turned their attention to China.

China's attitude towards France is the same. During the period of French inflation, China purchased a large number of French antiques and means of production. However, unlike Americans, the Chinese seem to have no desire to control France and have always purchased cheap French goods, so they are far from trapped.

Faced with a huge opponent like China, speculators on Wall Street in the United States began to make careful arrangements. Unlike the United States, the economic policies followed by the Chinese government are irrational, that is, artificial traces, which gives Wall Street a lot of space to operate.

After ten years of explosive growth, China has finally begun to slow down the pace of economic growth. The huge industrial machines can produce products far exceeding the needs of the people across the country. Moreover, exported products have occupied a large share. China has already met the conditions for qualifying for the economic crisis. And Wall Street experts are best at creating such minor troubles for some countries.
Chapter completed!
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