Vol 5 Chapter 167: ,Grand Canal

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Downing Street in London is brightly lit, and MacDonald’s cabinet is under urgent discussion. As the government of the most powerful country in the world war, there are not many things that can make them so nervous.
And what is happening right now is precisely one of them-the pound depreciation drastically!
Everyone was prepared for the devaluation of the pound. Since the abandonment of the gold standard, the government has printed a batch of currencies to solve the fiscal crisis.
The problem is that the pound is depreciating too fast. According to the plan, they are preparing to depreciate the pound by 15% in three years. Now it has depreciated by nearly 30% in less than a year.
That's okay, someone must be shorting the pound sterling! But to their surprise, the main players who short the pound sterling to protect the two countries have not done their best, and even all the financial consortia in the world have not tried their best to stop the pound!
As they do now, it is impossible for the pound to depreciate so quickly. This is the crux of the problem.
"Your Excellency, there have been a large number of counterfeit banknotes on the market recently. The degree of simulation is very high, and it is impossible to verify it without professionals.
The Ministry of Finance judged that these counterfeit banknotes may have accelerated the depreciation of the pound! "The Chancellor of the Exchequer Pete frowned and said
"When did the counterfeit bills appear? Who made the counterfeit bills behind their backs?" McDonald asked concerned.
"After we announced the abandonment of the gold standard, less than a month later, a large number of counterfeit banknotes began to appear on the market.
Due to the high degree of simulation, we didn't find at all that counterfeit banknotes appeared in the bank in a magnificent manner, let alone circulated in the market.
If it were not by chance, someone withdraws money from HSBC and found two British pounds with exactly the same serial number and asked for an explanation, we still don't know that there are a large number of counterfeit banknotes on the market!
Judging from the information collected so far, the circulation of counterfeit banknotes in the Far East is the largest, followed by the Americas, and the circulation in Europe is relatively small!
There are many sources of counterfeit banknotes, including Japan, the three North American countries, Australia, Germany, Italy, and our homeland. Counterfeit currency appears almost simultaneously.
Obviously this was premeditated, and the black hand behind the scenes was too vigilant. We only found the gangster and broke the clue. It is difficult for us to judge who planned it! "The Chancellor Pete said with a gloomy expression
"There is no doubt that this must be done by several of our opponents, but how do they remotely control so many gangs?" McDonald said affirmatively
"Your Excellency, they didn't control the gangs. They just printed and distributed a pound sterling manufacturing manual, which disclosed all the pound sterling manufacturing techniques and then circulated it.
The above content is very detailed, including how the printing machine is produced. There are detailed instructions and drawings. As long as the spare parts are bought, two or three ordinary workers can follow the instructions and assemble them.
It can be said that they have come ahead of us in terms of pound manufacturing technology, and they have all been simplified to family workshop-style production.
Because of the economic crisis, many people now choose to take the risk. If we cannot take measures in a timely manner, the pound will soon be rotten! "The Chancellor Pete said with a wry smile.
The printing technology of counterfeit currency is actually more advanced than real currency. Is there any reason for this?
A counterfeit currency manufacturing machine can be assembled with only a few hundred pounds, and it has the possibility of large-scale circulation.
On the contrary, the value of the British pound is very high, and the profit of making counterfeit currency is very good. This is still a period of economic crisis. At this time, in order to survive, there is nothing I dare to do!
"Well, listening to what you said, I can guess who did it, but this has no effect. We have no evidence. We can only assume that nothing happened first, and then find a chance to retaliate back later!
The top priority now is how to deal with the problem of counterfeit currency. If it is impossible to solve this problem as soon as possible, then we will be in big trouble in the future! "Macdonald thought for a while and said
"Your Excellency, since the birth of banknotes, we have been plagued by counterfeit currency, and we have never been eradicated.
To solve this problem, we have only two ways.
One is to strengthen supervision, destroy counterfeit dens, and clean up those who dare to counterfeit;
The second is to improve the anti-counterfeiting technology to kill the crisis at the source.
Now we have begun to take action. To improve the anti-counterfeiting technology, it cannot be done in a day or two. We have been doing it all the time to combat fraud.
It's just that it's very troublesome this time. The counterfeiters are too widely distributed, and it is difficult for us to catch them all at once! "The Chancellor of the Exchequer Pete frowned and said
"Then let the Ministry of Foreign Affairs cooperate with you. If anyone dares to hinder the British Empire from cracking down on counterfeiting, it is an enemy of the British Empire. We don't have to be polite to the enemy.
In short, we must kill the counterfeit currency as soon as possible, otherwise we will be in big trouble! "Macdonald almost roared.
The counterfeit currency with such a high degree of simulation is really too much of a threat to the pound. If it spreads, the pound will become waste paper soon!
"Has Robin Hood caught the robber?" McDonald asked again
"Your Excellency Prime Minister, Robin Hood has been lurking for some time recently and will no longer come out to commit crimes. We will not be able to detect this case in the short term!" Secretary of State Les said with a wry smile
Robin Hood is no longer committing crimes. In the short term, this is a good thing. It can give the government a sigh of relief. In the long run, it may not be so. There are many cases in the world that cannot be solved, so I don't care about adding one more.
If we re-emerge in the arena after a while, the threat will be great, and bankers may not have so much patience to let the government slowly investigate.
"Then leave them alone, let's catch the counterfeit banknotes first, maybe they have switched to another job!" MacDonald rubbed his forehead and said
He still understands the truth of the harm of the two worlds. For the British Empire, any threat at this time is not as harmful as counterfeit money.
If left alone, the British economy will soon collapse. Do not test the integrity of the counterfeiters, they have no bottom line!
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Sofia
"Your Majesty, the Gulf of Aqaba Canal has been completed, and the gate can be opened at any time!" Prime Minister Constantine said excitedly
"Oh, this is really good news, let's open the gate and release the water! It is of great significance to us to be able to pass the Grand Canal in advance!" Ferdinand said happily
From now on, the British yoke in front of Bulgaria no longer exists. From now on, the two countries will share sea rights in the Red Sea region.
But for the British, this is not so wonderful.
Politically, the Suez Canal’s monopoly on the Mediterranean no longer exists, and the British Empire’s hegemony in the Mediterranean has also been broken.
Economically, half of the ships navigating the Suez Canal every year are Bulgarian. Now that the Aqaba Canal is open, you can know it with your butt. Don't think about these tolls.
Even if they cut prices now, it is impossible to restore this part of the source of customers. From monopoly operation to confrontation between the two parties, the navigation fee will definitely drop significantly, which is undoubtedly a heavy loss for the Canal Company.
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