"Pri Minister, perhaps it is ti we seriously considered the proposal from the Australasians." The Minister of Finance looked at Pri Minister Baldwin gravely, making a very serious suggestion.
Pri Minister Baldwin fell into a brief silence, then nodded and said, "Indeed, but certainly not now. The economic crisis has not yet dealt the United States a heavy blow, and we must still be wary of the Aricans’ actions. It may be ti to abandon the gold standard only after we’re sure the Aricans are too preoccupied with the economic crisis to pay us any mind."
The gold standard, which is currently the monetary system used by countries around the world, ties the currencies of all nations to gold, and this is the fundantal reason why money retains value.
Once the British Governnt actively gives up the gold standard, the devaluation of the pound is inevitable.
Although it won’t devalue as much as the French currency, it would still be a heavy blow to the international credibility and monetary status of the pound.
At present, the only threat to the pound is the US dollar. Until Arica is completely broken by the economic crisis, Britain cannot actively abandon the gold standard.
Otherwise, if the Aricans are given a chance, the US dollar could replace the pound as the new world currency at any ti, which is unacceptable to the British.
Hearing Pri Minister Baldwin’s decision to abandon the gold standard in the future, the Cabinet’s mbers all showed a change in expression but remained silent.
The cost of abandoning the gold standard was clear to them, but they were even more aware of the toll the current economic crisis was taking on Britain.
If they couldn’t solve this economic crisis properly, they needn’t consider the consequences of abandoning the gold standard because this governnt would not last that long.
If they failed to satisfy the people during the economic crisis, the British public could replace the Cabinet at any ti.
"By the way, how are the Aricans fairing at the mont? The situation in the United States must be worse than ours, right?" Pri Minister Baldwin suddenly asked.
"Yes, the unemployed population in the United States has already broken the 10 million mark and is moving towards 20 million. Compared to them, at least we can control our economic crisis," said the Minister of Foreign Affairs with a hint of a smile in response, clearly more relaxed discussing Arica.
For the British, Arica, their greatest competitor, being caught in the vortex of an economic crisis is more exciting than if they had escaped the economic crisis themselves.
"Add a bit more pressure on the Aricans; their economic and industrial size is too massive, representing our greatest threat," Pri Minister Baldwin nodded and instructed with an air of nonchalance.
"Yes, Your Excellency."
"Right, haven’t the Aricans given up on paying their compensation? Then we’ll raise tariffs on the United States and invite all nations of the World Alliance to do the sa," Pri Minister Baldwin suddenly recalled sothing, saying with a aningful smile, "And the Island Nation, they must have prepared counterasures against our sanctions since they dared to stop paying the compensation."
The economic crisis had already fragnted Arica’s economy and industry. If the World Alliance were to increase tariffs on Arica now, it would greatly destroy Arica’s exports and pose a huge threat to their economy and industry.
As for whether such actions would provoke Arican resistance, Pri Minister Baldwin was not the least bit worried.
After all, Arica’s military strength is currently insufficient to support resistance against the entire World Alliance.
Moreover, this ti it was the Aricans who gave up on supporting the compensation paynts first, providing Britain with an excuse to impose sanctions on Arica.
After all, this compensation was unanimously endorsed by the World Alliance, as Arica’s voluntary research intensified leading to the outbreak of global Influenza.
"Your Excellency, might this provoke strong opposition from the Aricans?" The Minister of Foreign Affairs was slightly hesitant, looking towards Pri Minister Baldwin: "The economic crisis is on the verge of collapsing Arica. If we unite in imposing increased tariffs on them, it might lead Arica into an uncontrollable situation."
"Your concerns are not without rit, but the current Arica is clearly unable to shake the British Empire. Besides, we’re not without allies. Whether it’s France or Australasia, I believe they would not mind jointly dividing Arica," said Pri Minister Baldwin with a smile: "Compared to their own nation’s survival, what does Arica’s interest count for?"
This was not an unreasonable point, for any nation’s ans of maintaining its voice and status could only be through the military, and a diplomatic position not founded on military strength is ultimately hollow.
Though Arica possesses the largest industry and the most prosperous economy, its military strength clearly does not match its status.
The current economic crisis is also the best ti to sanction Arica. The Arican Governnt could not possibly confront the World Alliance with inner turmoil, as this would spell doom for Arica.
Even without exaggeration, no country could withstand the combined front of the World Alliance, because it consisted of the current Four Great Powers—Britain, France, Russia Country, Australasia—and many second- and third-tier European nations with colonies spread across the globe. It’s not an exaggeration to call it a genuine World Alliance.
Continue reading on .Côm
Pri Minister Baldwin had more news he had not yet revealed: The current economic crisis in Arica was actually a result of British and Australasian manipulation, aiming to avoid the economic crisis exploding in London.
Reviews
All reviews (0)