My German Empire

The anchor of the gold bits is gold. For example, how many grams can be exchanged for the unit banknotes, and it is still necessary for institution credit as a guarantee, such as banks and other institutions absorb the gold in the market, and then give the gold person with bills (banknotes), and replaced The real goods of gold and silver are circulated in the market. The credit is reflected in if you need it. Bank can use your bill to exchange out gold. If you do not say the advantage, it is probably the amount of gold reserves, the amount of banknotes can be limited, The public does not have to worry about inflation.

However, the disadvantage is also very obvious, the industrial revolution has brought productivity great progress, and the amount of per capita output increases. There are more and more product output, and the total amount of money is limited to the anchor, and the golden community is scarce with respect to the goods. It will lead to price reduction.

That is to say, the lower the price, the lower the price, the price is 100, and it may only take 50 pieces tomorrow. Of course, for the ordinary people, I am sure to hope this, but actually everyone wants to delay the consumption, today's costs It may be more expensive than the goods produced tomorrow, no one is willing to invest in the company, because the money is put in the hand to the factory is the best result, the big translatancy brings a big depression, everyone wants to come again. Consumption, in addition to life necessities, the future is more cheap, there is no consumption, there is no employment, you don't want to buy your own products produced earlier, how to buy your own things. And pay the salary, the economy will fall into the stagnation, and the result is the collapse of the whole society.

Therefore, the subsequent currency is basically a credit based on the principal.

Under the credit standard system, the monetary supply of a country does not depend on the country's metal storage, but depends on monetary policy developed by a Government's judgment of economic development or other factors. Under this system, the currency creation process is easy, and the cost cost is negligible and is controlled by the government.

"In 10 to 20 years, the status of the euro should be completely consolidated, of course, it may be faster; when it is excessive to the credit standard."

Betang Prime Minister couldn't help but confuse. "But we don't have so much gold."

Jenik laughed. "Prime Minister Betang is really laughing. Are you still stored in the United States?" France's final France moved 2226 tons of gold secret to the United States, and Germany intercepted more than 400 tons of gold, that is, 1800 tons. Gold existed in the United States.

Betang Prime Minister's face is very ugly, very depressed. "The damn Americans are not willing to return."

"Don't want to spit in the mouth of the mouth? Or do they still expect to Dao Guoliang?"

After the original time and space, Daole fled to the UK, published the "People's Book of France" in the British Broadcasting Company, announced the establishment of the Freedom French National Committee, referred to as "Free France".

However, only the UK is recognized in the legal status of "Freedom France", at the same time, Germany also supported the "Vish France" pseudo-political power, and then Dai Qi Le jointly combined with some colonial countries in France, fighting in North Africa and Germans, these colonies wanted to cooperate with the US military However, the US military believes that they can deal with the Germans and have to fight alone.

In August 40, the "British and French Joint War" and the German battle failed, and Dai Gaole established a combat base in Africa. From the North Africa battlefield, it has crossed the Mediterranean and Italy. There are about 70,000 in France in overseas, most of them are concentrated. African battlefield; there are many French guerrillas that have always played with the Germans, and some of the people who transferred to London through the Spanish, and also participated in the "Normandy landing". The four martial arts in France has reached 500,000.

At this time, there is not much person in response to David, and Dai Gao Le took him with his thousand people. It's like a dog of the funeral, and I heard that I was so long before I fled to North America.

Yinik is not there. "Reassured, there is a way to make Americans spit out of gold. Italy should be able to take 1000 tons of gold,

We still continue to talk about the European Union. Nowadays, our German technology is far leading, and soon we will master the world's largest oil production area. "

Betang Prime Minister was shocked. "Are you planning to attack the United States?"

Before and after World War I, the first-year-old national country is the United States. The 1930 oil production reached 12.317 million tons (the Soviet oil production of the Soviet Union was 18.5 million tons). In 1940, the US oil production was 205.91 million tons, 1941 oil production was 192.35 million tons, absolutely the world's first !

Confused at this time, although it also produced oil, it is not the main oil production area in the world, accounting for 5% of world oil production. Until the 1950s, the Middle East became the world's main oil production area.

Jenik shakes his head. "Of course not, my attitude towards the United States is that he doesn't commit me, I don't commit him."

I heard the Prime Minister's face shocked. "The Hall has found the oil production area?" Or is the world's world? !

Yatik just smiled and talked about a while. Beme Prime Minister finally asked his most concerned. "The Temple of Jalik, where we will be in this European Union?"

Although Vic France only left half a mountain, the strength is weak. In terms of economic, France is still a world famous economy. Vik France has to pay 400 million law in Germany every day, and France's economic strength can be seen.

Although France lost the northern industrial area, there is still a more complete industrial system and industrial strength, France still produces a variety of modern weapons and equipment such as planes, tanks, warships.

In 1943, 1943, from the Southern Aircraft Company, which was written by Vichi, the code SO-6000 jet, which fully demonstrated the French industry and technology, and the aircraft successfully tried flight in 1946. France is among the world jets. Aircraft strong country ranks. In addition to the development of jets, Vik France has also developed electric vehicles with a maximum speed of 30km / h, and the French new tank research and development has not stopped.

Even if France lost half of the mountains, the Germans still did not dare to force too urgently. If the French is airs, the fish is dead, and the German estimates a few teeth. Although Vic France has reached Germany to a certain extent, this preserved strength for France. This is also an important reason why the French can rapidly rise after World War II.

Jenik laughed. "Your country is naturally the second."

The Prime Minister Betang seems to be relieved and asked. "What about the UK?"

"The United Kingdom can also have five or six." What is the rest of the British after the end of this war? Tens of thousands of civilians, countless cities that are full of congratulatory cities are about to fall from the colonial colony?

"That is very good." Betang Prime Minister showed a comfortable expression and said another thing. "Have you heard about it? George's sixth disease fell."

Yinick also heard this news, George's recent beds were not affordable, as for more specific messages.

The Prime Minister Betang sighed. "If George I died, then she was taken by her grand daughter. When is the little girl?"

"Of course, after the last time Elizabeth, he also advised the two children to stay in Germany, but the Queen Elizabeth took them back and said that she also knew that George's sixth life is so long.