Holy Roman Empire

Chapter 1145: Great inflation

Views:

The good news keeps coming, and the trouble that goes with it. The more allies there are, the easier it is to go, and the more allies there are, the more disputes there are.

Originally, the internal contradictions of the Continental Union were great, but after adding more members, the situation became more serious.

If it weren't for the mediation by the Vienna government, the chaos that happened in Europe might have been staged in the Americas.

Foreign Minister Leo: "Your Majesty, there is news from the embassy in the Far East that the Japanese government has sent a representative to submit credentials and request a truce to negotiate."

I have to admit that the Japanese of this age are really able to bend and stretch. No neutral country dared to step out to mediate, so they simply came to the door themselves.

Although in this way, the initiative in the negotiation has been lost; but in the current international situation, the Japanese government has no initiative, and there is no such thing as loss.

What really needs to be paid extra is nothing but the illusory "face"; and for the weak, the worthless "dignity".

Although there are many member states of the Continental Alliance, there are not many of them with weight, and there is no one who is willing to speak for the Japanese.

Anyway, the Japanese did offend the three big bosses. If you help at this time, who knows if they will cause trouble

The only option left to the Japanese government was to find a new owner and seek asylum before the British were finished.

Throughout the world, there is no other than the Holy Roman Empire that has this ability.

Politics does not talk about feelings, even if there is a conflict with Shinra, the Japanese government can only bite the bullet and get together.

This was expected, but it really happened, and Franz couldn't help but want to laugh.

In order to maintain the image of the monarch, Franz held back his smile and pretended to be serious: "If you want to stop the war, stop the war. The Japanese treat it as a child playing at home.

Tell the Japanese that if they want a truce, they must show sincerity, or they will lay down their weapons and surrender unconditionally. "

The word "sincerity" is probably the most difficult word in the world to understand. Exactly how to do it is considered sincerity, and it is estimated that no one can answer.

That's exactly what Franz wanted to see, though. Only ambiguous answers can disclaim responsibility and leave enough wiggle room for yourself.

Otherwise, once the news of "instructing the Japanese to kill the Russian army in the Far East" spreads, where will Franz the Great's face be placed

It doesn't matter if you pit your allies. Allies are meant to be pitted. But the pit allies who fight with open flames will go beyond the bottom line.

As a rule maker, Franz would not do such a thing that crossed the line.

In contrast, let the Japanese figure it out for themselves, then no matter what happens, it has nothing to do with Franz.

It mainly depends on the outcome of the civil war in the Russian Empire. In case Russia is separated by luck, it means that the Japanese did not show sincerity and must be severely punished.

If the Russians survive the crisis, out of the need to check and balance the Russians, it's okay to keep the pawn of Japan.

Of course, the premise is that the Japanese have killed the Russian army in the Far East and proved that they have the strength to contain the Russians.

Fortunately, Franz's plan is known only to himself. If the Japanese government knew the truth, it would probably have an immediate nervous breakdown.

What is even more tragic is that no matter how the mentality breaks down, it must follow the established script.

Betting on whether the Russians can survive, there is still a certain chance; if the content of the script is rejected, it is 100% finished.

Prime Minister Chandler: "The Japanese are just a minor nuisance, an agrarian country that is ruthless and military, and not worthy of our attention.

Including disputes of interests between American allies, it is not a big deal, and it can be solved with a little time.

The real trouble is the Americans and the Russians. Although the United States has been divided once, the size of the United States is still too large.

No one knows how much benefit they have taken from the British this time. Once they are allowed to digest the gains, the future is sure to be a hassle.

The Confederate countries must also be vigilant. Although they are inclined to us in this war, the promised war against the United States has been delayed until now.

It is clear that he wants to use the power of the alliance to expand his own power. If not curbed, the future will be another scalded camellia.

Not to mention the Russians, who have been a threat to the European continent for hundreds of years, and have settled down for a few years after the rise of the empire.

The greed of the tsarist government for land is endless, and if they do not weaken their strength, I am afraid that the future European continent will not be peaceful.

Now is the best opportunity. Once this opportunity is missed, they will collude with Britain and France, who are unwilling to fail, and that will be a big trouble. "

It can be seen that Prime Minister Chandler did not take the British seriously. Before the World War was over, Britain moved down two places from the Shinra threat list.

Relatively speaking, it is relatively simple for the United States. Anyway, the enemy is now, as long as they don't accept their rebellion, they can pull the allies to suppress them in an upright manner.

The most troublesome thing is dealing with the Russians. As a traditional ally of Austria and now an important member of the Continental Alliance, it is impossible for the Vienna government to attack them directly.

Not only can it not be attacked, the Vienna government, as an ally, must also provide help to the Russians on the bright side.

Even cutting off the supply of strategic materials has found an excuse to "prioritize the supply of front-line Russian troops", otherwise it will not be explained.

This is the limit of what the Vienna government can do. Support for the National Independence Movement and assistance to the Revolutionary Party should not be involved in the slightest.

"The American issue should be put on hold for the time being and will be dealt with after the war against Britain is over.

It is inconvenient for us to directly intervene in the Russian issue, leaving the Berlin government to take care of it. "

Fortunately, the Holy Roman Empire still has a staunchly anti-Russian Prussia. Otherwise, Franz doesn't know who to let out.

Although these small actions cannot be concealed from those who wish to do so; but as long as the Vienna government firmly refuses to admit it, it means that they have not done it.

As for the anti-Russian behavior of the Kingdom of Prussia, it is an issue left over from history and has nothing to do with the central government.

The Vienna government is preparing for the aftermath, and the London government is also thinking about the future. At this point in the war, Britain has essentially lost.

With the constant defections of allies, the supply of supplies to the British Isles has become more and more difficult.

Now not only beware of enemy submarine attacks, but also stab backs from allies.

Once allies change camps, all of Britain's assets in the country will be lost.

In a sense, Britain's huge overseas investment is also one of the reasons why countries dare to change jobs.

Having confiscated these assets of the British, not only did they sign up to the Continental Alliance, but also made up a lot of the price they had to pay, and some countries even made money.

The war has not yet been defeated, but the aftermath of the defeat, the British have realized first.

A large number of overseas assets have been lost, and the British capital industry has also suffered heavy losses. The financial market in particular is grief-stricken. The stock market has been cut in half and then cut in half.

It was different from the assets confiscated by the Continental Alliance before. At that time, everyone still thought that after the war was over, they could get it back with profit.

Now the situation is very obvious, and anyone with a little knowledge knows that the British Empire has lost the possibility of winning the war.

The most optimistic estimate now is only that Britain can retreat completely after paying a certain price.

Stock speculation is based on expectations. Now that future expectations are gone, it has naturally become the biggest negative in the market.

Compared with ordinary investors, the well-informed consortium has reacted more violently, and has now cut its flesh desperately.

The meat is not finished yet. After getting the cash, the capitalists try their best to exchange for gold. Even if a premium is needed now, it still can't stop everyone's enthusiasm for gold.

In the era of the gold standard, the exchange of sterling for gold required a premium. From an economic point of view, the price of gold rose, or the pound depreciated.

As a currency reserve, the value of gold itself has not changed, it can only be the devaluation of the British pound.

And with the rising "premium", invisibly, the "depreciation" of the pound continues.

Based on the general judgment of the market on the impact of the devaluation of the pound, it seems that overnight, the pound has been reduced from a world currency to a garbage currency that everyone dislikes.

Affected by this big environment, the prices of the British Isles once again set foot on the highway and began to run wildly upwards.

Not to mention expecting to turn defeat into victory, even paying a certain price and retreating, everyone has no hope.

The stock market crash is the second, and the financial crisis caused by the stock market crash is the biggest headache for Prime Minister Campbell.

War is all about money, and the British Empire's financial revenue is not too high, at least when compared with the Holy Roman Empire, the two are not on the same level.

The most critical factor in mobilizing enough funds for war is that the UK has a developed financial system and the government's strong financing capacity.

But now the financial crisis has broken out, and the London financial market has been hit hard. It is almost impossible to get financing from the market in a short time.

War is a beast that swallows gold. With the government's little wealth, if there is no follow-up funding, it will not last long.

The situation was already dangerous, but now the supplies of supplies and the government's money bag have gone wrong again, and it is hard for Campbell not to panic.

It's no use just panicking. The biggest problem in Britain right now is "confidence". People, interest groups, and even government officials are skeptical that the war can be won.

Unless the British army can achieve a major victory on the battlefield and stimulate everyone's nerves, it is almost impossible to reverse everyone's ideas.

Asquith, Chancellor of the Exchequer: "Inflation has been very strong in the country recently, people at the bottom are miserable, and the market is losing confidence in the pound.

More and more people are choosing to convert to gold, and our reserves have fallen to a fifty-year low, and have had to temporarily suspend free convertibility.

However, this is a temporary solution, not the root cause. It can only temporarily curb the outflow of gold, and cannot fundamentally solve the problem.

The best way to avoid this is to decouple the pound from gold and implement a credit standard system.

…”

The solutions are all forced out. If it wasn't for the run-off wave, Asquith would never have engaged in a "credit standard system".

It's not that I don't know the benefits of the "credit standard system", but the risk involved is too great. If you are not careful, the value of the pound is completely cool.