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The Third Empire - Chapter 820

Published at 19th of October 2021 11:44:08 AM


Chapter 820: 820

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When he put down the phone, sir Tucker felt dizzy. He had no psychological preparation. He was going to meet the strongest man in the European continent, which made him feel uneasy all the time.

He quickly arranged his desk, put on his coat and gathered his hair. When he summoned more than a dozen employees in the bank to line up downstairs to meet him, the team had already started.

It also emits moisture. The buildings on the ground floor are also covered with mottled water stains. After all, the tide has just dissipated. Fortunately, the centuries or even millennia old buildings here are relatively solid and stand tall.

"Fuehrer, this is the Bank of England." George VI himself opened the door to Shrek and said to Shrek.

Looking at the white building, Shrek was also filled with emotion.

"Head of state, welcome to the Bank of England." Sir Tucker had to wait in the back because of the soldiers nearby. It was not until Herrick came over that he welcomed him: "I'm the president here, Tucker."

"Well, young man, good. Do a good job. The future of the Empire needs young people like you." Sherick encouraged.

This sentence is embarrassing. Empire, which Empire is it? The British Empire or the third empire?

Fortunately, everyone was immediately blurred. Sir Tucker followed hilrick's ass.

All the way to the conference room, Shrek sat in the chair and immediately began to ask.

"Now, how much gold is there in the bank?"

Of course, there is not a gram of gold. If there was gold, Germany would confiscate all the gold when it entered London.

Sir Tucker told the truth: "when we took over the Bank of Scotland, the vault here was empty and there was no gold left."

"In other words, the pound can no longer support its value." Said Shrek.

The issuance of any currency requires a reserve. This reserve is undoubtedly the most suitable for gold.

Now, there is no gold reserve. If we continue to issue money, the result must be currency depreciation and inflation.

"Yes." Sir Tucker nodded.

"It seems that the British economy is about to collapse, and George VI has really committed an unforgivable crime against Britain." Said Shrek.

The crowd could only continue nodding.

"In that case, we in Germany are also duty bound to save the British economy." "Now, I have a proposal that we issue the same currency throughout Europe. This currency, I call it the euro, that is, our European currency," Chirac said

Economic unification is imminent. It is obviously not conducive to the overall management of the whole European economy. Germany needs to integrate the of all countries.

Therefore, we must issue a unified currency!

euro? Everyone present was stunned: "what about our current currency?"

It is very difficult for one currency to replace another. For example, sterling has now circulated to many countries in the world. Moreover, up to now, sterling is the global currency.

If you want to replace sterling, it may cause chaos to the world economy!

"Of course, it is to complete the docking with our euro as soon as possible." "At present, the British Treasury is empty and the huge Sterling issued cannot be converted. Once a country with rich reserves of sterling requests to come to the UK for conversion, and there is a run, the British currency will collapse immediately. You are economic experts. Don't you understand this?"

Shrek's right.

If there is a run and sterling is exchanged for other currencies, the British pound will immediately become waste paper, followed by the complete destruction of the British economy. It's crazy enough to think about it.

"So, how do we complete the docking?" Sir Tucker asked that although he was still young, he had always been in the financial system. Now if he issued euros, it would definitely be a huge job.

"The euro is our European currency, and all countries will join in." "Now, I intend to issue banks in the currency of Berlin bank, France bank, Bank of England and three banks in Germany. We will complete the transition of all our domestic currencies to the euro in about half a month. Half a month later, we will no longer allow the original paper money to circulate. "

Half a month! In later generations, the integration of the euro took several years, and even after finding it uncomfortable, Britain withdrew immediately.

However, it's a time of war. It's the dictatorship of Chirac. Chirac is the same. If he says it's excessive, it's excessive. If he says it's out of use, it's out of use. If it expires, the currency will become waste paper.

"All banks, including commercial banks, should mobilize, organize personnel and successfully complete the exchange task." Said Shrek.

It's definitely a big project to let people all over the country go to banks to exchange money.

"Not only in Britain, but also in the colonies. It also expires. " Hilrick continued.

Hearing this, Edward VIII's eyes had lit up. He had guessed that Herrick's plan was definitely a good way to kill two birds with one stone!

In the native land, they have all been loyal to Edward VIII. In order to protect their own interests, those old nobles did not hesitate to take refuge in Edward VIII. However, in the colonies, many are still waiting and watching.

In particular, when the news came out that George VI had gone to Egypt, the colonies in the Middle East immediately declared their allegiance to George VI.

Now, the present is a good opportunity!

If they continue to be loyal to George VI, the pounds in their hands will become waste paper, objectively putting pressure on them to make the right choice.

"So, what about the foreign exchange reserves of other countries that require us to exchange?" Asked Sir Tucker.

This action is a double-edged sword. If the pound flows in from overseas, it will put great pressure on the euro. This is not borne by Britain alone, but by the whole euro zone.

But at the same time, it also plays an important role in the circulation of the euro. If the euro is exchanged with overseas countries, it will be fully circulated soon.

"There is a premise. If other countries want to exchange Sterling foreign exchange, they must support the London government. If they secretly collude with the sinner George VI, they don't want to make any exchange." Said Shrek.

This is also equivalent to putting pressure on the United States. American foreign exchange pounds can't be exchanged and left in their hands as waste paper!

The Americans must have supported George VI. in this way, they have relied on the largest source of foreign exchange.

This is not a future generation. With an advanced network, we can design various procedures to turn large amounts of funds into small accounts for exchange. The exchange between countries is extremely huge and can only be carried out by the state.




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