Mediterranean Hegemony Road

Vol 5 Chapter 167: ,Grand Canal

? Evening

Downing Street in London is brightly lit, and McDonald's Cabinet is in urgent discussions. As the government of the world's most powerful country, there are not many things that can make them so nervous.

This is exactly one of the things happening now-the pound has fallen sharply!

Everyone was prepared for the devaluation of the pound. Since the gold standard was abandoned, the government has printed a batch of currencies to solve the financial crisis.

The problem is that the depreciation of the pound is too fast. According to the plan, they are preparing to devalue the pound by 15% within three years. It is now less than 30% in less than a year.

This is ok, there must be someone shorting the pound! But to their surprise, the main short-selling sterling countries, France and France, have not yet done their best, and even all the financial consortia in the world have not tried their best to stop the pound!

As far as their approach is concerned, it is impossible for the pound to depreciate so fast. This is the key to the problem.

"My Excellency, recently there have been a lot of counterfeit banknotes on the market, and the degree of simulation is very high. Not professionals can't verify it at all.

The Ministry of Finance judges that these fake banknotes may have accelerated the depreciation of the pound! Said Minister of Finance Peter Frowning

"When did the counterfeit money appear? Who is behind it?" McDonald asked with concern.

"Less than a month after we announced the abandonment of the gold standard, a lot of counterfeit banknotes began to appear on the market.

Because the degree of simulation is too high, we did not find it at the beginning. Counterfeit banknotes appeared in banks, let alone circulating in the market.

If it was not an accidental opportunity, someone withdrew money from HSBC and found two pounds with exactly the same serial number. If we ask for an explanation, we don't know there are a lot of counterfeit banknotes on the market!

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, mainly including Japan, the three North American countries, Australia, Germany, Italy, and our homeland. Counterfeit currencies appear almost simultaneously.

Obviously, this was premeditated. The gangsters were too vigilant behind the scenes. We just found the gangsters and broke the clues. It was difficult for us to judge who planned it! Finance Minister Pete said with a somber expression

"There is no doubt that this is definitely done by several of our opponents, but how do they remotely control so many gangs?" McDonald said affirmatively.

"The Prime Minister, they did not control the gangster, they just printed a manual for the manufacture of the pound, released all the manufacturing techniques of the pound, and then circulated it.

The above content is very detailed, including how the printing machine is produced, there are detailed instructions and matching drawings, as long as you buy spare parts, two or three ordinary workers can follow the instructions to assemble.

It can be said that they have come to us in terms of British pound manufacturing technology, and they have been simplified to family workshop production.

Because of the economic crisis, many people have chosen to take risks. If we can't take measures in a hurry, the pound will soon be rotten! Said Treasurer Pete with a grin.

The printing technology of counterfeit currency is actually more advanced than real currency. Is there any logic?

A counterfeit currency manufacturing machine can be assembled with only a few hundred pounds, fully equipped with the possibility of large-scale circulation.

The value of the British Pound is very high, and the profits of making fake currency are very good. Now is the time of economic crisis. At this time, in order to survive, nothing is dared to do!

"Well, I can guess who did it after hearing what you said, but this has no effect. We have no evidence. We can only do what didn't happen first, and then look for a chance to retaliate back!

The immediate priority is still how to deal with the problem of counterfeit currency. If it is not possible to solve this problem as soon as possible, then we will be in trouble! McDonald thought about it and said

"His Prime Minister, since the birth of banknotes, we have been plagued by counterfeit currency and have never been eradicated.

To solve this problem, we have only two ways.

First, strengthen supervision, smash counterfeit dens, and clean up those who dare to counterfeit;

The second is to improve anti-counterfeiting technology and kill the crisis at its source.

Now that we have started, we need to improve anti-counterfeiting technology. It can't be done in a day or two. We have been doing crackdowns on counterfeiting.

It's just troublesome this time. The distribution of counterfeit molecules is too wide. It's difficult for us to hit them all! Said Minister of Finance Peter Frowning

"Then let the Ministry of Foreign Affairs cooperate with you. Whoever dares to hinder the British Empire from cracking down on counterfeiting will be the enemy of the British Empire. We need not be polite to treat the enemy.

In short, we must kill the counterfeit currency as soon as possible, otherwise our trouble will be big! "McDonald said almost growl

The fake currency with such a high degree of simulation is really too much a threat to the British pound. If it spreads, it won't be long before the British pound becomes a waste paper!

"Have Robin Hood caught it?" McDonald asked again.

"Prime Minister, Robin Hood has been lurking in recent times and no longer commits crimes. We will not be able to detect this case in the short term!" State Secretary Rice said with a grin.

Robin Hood is no longer committing crimes. This is a good thing in the short term. It can let the government breathe a sigh of relief, but it may not be so in the long run.

If they wash their hands from this golden basin, then nothing will happen. There are many cases that cannot be cracked in this world, and they don't care about adding another one.

If they come back again after a while, the threat will be great. Bankers will not have such good patience and let the government investigate slowly.

"Then leave them alone. Now they'll catch the fake money first. Maybe they have switched to other things!" McDonald rubbed his forehead and said

The harm of the two is the least, and he still understands this. For the British Empire, any threat at this time is no greater than the harm of counterfeit money.

If left unchecked, the British economy will soon collapse. Do not test the integrity of counterfeiters. They have no bottom line!

...

Sofia

"Your Majesty, the Aqaba Bay Canal has been run through ~ www.wuxiahere.com ~ can be opened at any time to release water!" Prime Minister Constantine said excitedly

"Oh, this is really good news, let's open the gate and let the water go! Being able to let the Grand Canal open in advance is of great significance to us!" Ferdinand said happily.

From now on, the shackles of the British in front of Bulgaria are gone. From now on, the two countries will share sea power in the Red Sea region.

But for the British, this is not so wonderful.

Politically, the Suez Canal's monopoly on the Mediterranean ceased to exist, and the British Empire's hegemony in the Mediterranean region was also broken.

Economically, half of the Suez Canal ships are Bulgarian. Now the Aqaba Gulf canal is connected. I want to know with my buttocks. Don't think about these tolls.

Even if they cut prices now, it is impossible to restore this part of the customer base. From monopoly operation to the confrontation between the two, the navigation fee will definitely drop significantly, which is undoubtedly a heavy loss for Canal Company.

...

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