Chapter 592 The American Conspiracy 1

The US dollar is in a downturn now. Is the US Masonic community still thinking about attacking other currencies to stabilize the US dollar? Lin Yu thought, suddenly, he seemed to think of something again. "/

Is this the United States still thinking about holding on to the side?

Is it because he wanted to attack gold? Lin Yu narrowed his eyes. After thinking, he seemed to think of many things in an instant, and suddenly his eyes lit up and he laughed.

However, according to information from intelligence personnel, Rothschild, the leader of the Masonic family, reached an agreement with the two major families of the United States, to maintain the global hegemony of the US dollar. It is said that Europe is preparing to implement the European Community and implement the euro in Europe. The birth of the euro is definitely a huge opponent for the original purpose, so the United States is definitely unwilling to see the euro birthday.

The euro is the most important result of European monetary reform since the Roman Empire. The euro not only improves the single European market, but also makes free trade between countries in the euro zone more convenient, but is also an important part of the EU integration process.

The euro was determined by the European Union Treaty signed in Maastricht in 1992 to establish the European Economic and Monetary Union. Member States need to meet a series of strict standards, such as the budget deficit shall not exceed the GDP, the debt ratio shall not exceed 60% of GDP, and the inflation rate and interest rates are close to the average level of EU countries.

It is generally believed that the use of a single currency can improve economic interdependence and benefit international trade between euro countries. In theory, this is beneficial to the people of the euro zone, and from a historical perspective, trade growth is one of the main driving forces for economic growth. In addition, it is also in line with the long-term purpose of establishing a unified market between the EU. Another major benefit is the cancellation of the fees for bank transactions. In the past, whether for individuals or enterprises, it was a major cost to convert their own currency into foreign currencies. On the contrary, banks will have to bear corresponding profit losses.

The second impact of a single currency is that the difference in price levels in different countries will decrease. Because price differences will trigger arbitrage behavior, commodities will flow from low-priced areas to high-priced areas, making prices consistent across regions in the euro zone. This will also intensify competition among enterprises and help control inflation and benefit consumers.

Some economists believe that using a single currency in such a large and different region is harmful. Regional currencies should be widely used. They believe that because the monetary policy and interest rate levels of the euro zone are determined by the European Central Bank, countries will not be able to adjust their economies according to their own circumstances. (But before the implementation of the euro, since the European currency crisis in the 1990s, changes in interest rate levels in countries have been very close to synchronized.) Public investment and fiscal policy will become the only means of government intervention in the economy in various countries or regions.

Some people also believe that although the area and population of the euro zone are similar to the United States, which is responsible for setting interest rates and monetary policies by the U.S. Federal Reserve System, compared with EU countries, the autonomy of each US state is smaller and the economy is more similar. Moreover, the economies of EU countries are not "synchronous". Some countries are at the bottom of the economic cycle while others are at the top, and different countries are also facing different inflationary pressures. Due to the differences in languages ​​and cultures between European countries, the mobility of labor between euro zones is also much lower than that of the United States.

There are also opinions that the United States can adopt a single currency because the US dollar is an internationally dominant currency. Before the euro, 80% of the world's foreign exchange reserves were in the form of US dollars. This gave the US economy a huge "subsidy" because the reserve of US dollars is equivalent to investment in US institutions or foreign institutions controlled by the United States. This "subsidy" helps buffer the impact of adopting a single currency in specific regions of the United States.

If the euro can replace the US dollar or become a major international currency with the US dollar, then part of the "subsidies" to the United States will be transferred to the euro zone, which can help solve the problems caused by different economic structures.

Some people believe that the euro will bring huge volatility to the European financial market, because governments and businesses can now borrow the euro instead of their own currencies, which greatly increases the source of funds in the market.

The euro will have a significant impact on oil prices. The euro zone imports more oil than the United States for consumption, which means that the euro will flow more to those countries that do not only price oil in the U.S. dollars. OPEC also often discusses priced oil in the euro, which requires oil importers to reserve the euro instead of the U.S. dollars for oil importers. Although most of Venezuela's oil exports to the United States, Venezuelan President Chavez has stated support for this plan. Another supporter is Iraqi President Saddam Hussein, who has the second largest oil reserve in the world.

Because the exchange rate of the euro against the US dollar rises, the price of the euro price does not increase much. Similarly, when the oil price falls together with the euro exchange rate, the price of the euro price will not drop significantly. On the other hand, if the change of oil prices is the opposite direction of the exchange rate, the price of the euro price will be magnified. The price of the euro price will eliminate the dependence of the European oil price on the euro against the US dollar.

The US deficit-type economy relies heavily on the security role of multiple U.S. debt and deficits brought about by the dominance of the US dollar as a reserve currency. If the US dollar does not have dominance, the US dollar and the US economy may experience the crises that many Latin American countries experienced in the 1980s. As long as the US dollar's status is not threatened, the US economy is not at risk of collapse. The currencies of European countries alone are not enough to threaten the dominance of the US dollar. Some economists believe that the euro is enough to threaten the dominance of the US dollar and in certain circumstances lead to the collapse of the US economy.

However, the EU is still in the minds of European countries and has not yet appeared.

The EU has developed a single market through a standardized legal system that applies to all Member States, guaranteed freedom of movement of goods, services and capital. It maintains a common trade policy, including agricultural and fishery policies, and regional development policies. 15 Member States have adopted a common currency, the euro. In foreign policy, speaking on behalf of its members at the World Trade Organization at the G8 summit and at the United Nations meetings, safeguarding the interests of its member states.

The European unification thought has existed for a long time in the Middle Ages. The Frank Empire and the Holy Roman Empire in the Middle Ages unified many parts of Europe within their territory. In 1453, after Constantinople, the capital of the Byzantine Empire, the Bohemia King suggested in 1646 that European Christian countries should form alliances to fight the expansion of the Ottoman Empire. In 1776, the United States War broke out, and at that time, Europeans imagined that Europe imitated the United States of America and established the United States of Europe. At the beginning, Napoleon Bonaparte implemented a customs alliance during the mainland blockade, and this customs alliance played an indelible role in the establishment and development of the EU today.

After World War II, the European unification trend entered **. In September 1946, British Prime Minister Churchill proposed the establishment of the "United States of Europe". On May 9, 190, French Foreign Minister Robert Schumann proposed the European Coal and Steel Community Plan (i.e. Schumann Plan), aiming to constrain Germany. On April 18, 1951, France, Italy, the Federation of Germany, the Netherlands, Bibi and Luxembourg signed a 50-year Treaty on the Establishment of the European Coal and Steel Community. On June 1, 1955, the foreign ministers of the six countries who participated in the European Coal and Steel Community held a meeting in Messina, Italy, and suggested that the coal and steel community be put into place.

The principle of the six countries was extended to other economic fields and established a common market. On March 25, 1957, 6 foreign ministers signed two treaties in Rome, namely the Rome Treaty, which came into effect on January 1, 1958. On April 8, 1965, 6 countries signed the Treaty of Brussels, and decided to unify the European Coal and Steel Community, the European Atomic Energy Community and the European Economic Community together as the European Community. The treaty came into effect on July 1, 1967, and the European Community was officially established. The European Community was headquartered in Brussels, Belgium.

The emergence of the euro began to form in people's minds with the emergence of the European Community.

Lin Yu thought about these things and then realized the matter of gold.

Gold and silver have always been the main reserve currency. Although the gold standard has been abolished, there is no doubt that the status of gold in people's hearts is unshakable. Whenever a major crisis occurs, people subconsciously think of gold preservation."

However, it should be understood that if gold is a tool for value preservation, its natural stability determines that the price of gold will not fluctuate greatly for a certain period of time. Gold and silver are also called the Dinghai Shentou of price turbulence. According to the data he obtained, the 250-year gold standard from 1664 to 1914, the UK prices maintained a stable and even slightly declined for 250 years, and the purchasing power of the British pound maintained an astonishing stability.

After the abolition of the gold standard, the purchasing power of the pound decreased sharply. The same is true for the US dollar. Many years ago, the US dollar price had almost no change. After the abolition of the gold standard, it depreciated at least more than it has been since the 1970s to today.

Most other currencies are like this. In Europe today, Switzerland is the one that can maintain stability. Switzerland implements a currency-to-gold peg, and the purchasing power of the Swiss franc is amazingly stable. However, in the 1990s, Switzerland began to join the International Monetary Fund.

Thinking of this, Lin Yu's eyes lit up again, and then he narrowed slightly. He already knew what those people wanted to do.

As we all know, only monopoly can obtain excess profits, and the benefits obtained from monopoly issuance of paper money are even more huge. The wealth of the whole country is deprived through a series of means, which makes people feel trembling.

However, the gold standard restricts the purchasing power of paper money, so only by abolishing the gold standard can central bankers use the indiscriminate issuance of paper money to create inflation, then implement austerity and collect wealth. Therefore, for central bankers, currency that stabilizes the currency value is the biggest threat to their interests.

Therefore, if Europe wants to make a smooth transition, then the euro currency is stable, and this period will take several years at a short time, and decades at a long time. However, once the European economy stabilizes and encounters the dollar in trouble, then it is essential to sell the dollar and increase its holdings of stable euros or gold.

In this way, for the United States, which has huge foreign debt, it is nothing more than a disaster. As long as the United States encounters a little crisis, investors with US bonds will have to sell US bonds and increase their holdings of euros or gold. For the United States, which is heavily dependent on debt, it will be enough to put the entire United States in great turmoil.

Therefore, American and British bankers need to attack the euro, or even attack gold, completely suppress the status of gold, and return the confidence of the whole world to the US dollar, thus using the US dollar as the only means to preserve value.

What they have to consider is that even if they cannot break through the euro, they will still suffer a crisis, and at least they cannot allow the euro to be issued smoothly in the short term. During this period, what they have to do is to completely transform gold from reserves into commodities, or even become useless substances, substances like gravel.

Although the euro has not yet come out, while attacking gold and the economies and finances of European countries, the euro will die in its infancy.

Lin Yu thought quietly, suddenly he thought of the wave of selling gold in Germany, Britain and other countries in his previous life, and the Rothschild family announced their withdrawal from the price of gold in the 1990s. Thinking of this, Lin Yu couldn't help but look at these Freemasonry forces with admiration. He could actually develop a way to deal with the euro in such a short time.

My own people didn't get any news at the Fed. It seems that my spokesperson in the Fed also has problems. It is likely that he is a Freemason. No wonder those two families were willing to let themselves enter the Fed. I'm afraid that they had the intention to be an undercover agent within Lin Yu.

It depends on the fact that I need to clean up some people, Lin Yu narrowed his eyes and thought.

As for Rockefeller, who had agreed with him, this was nothing, because he knew that although they were both Freemasons and one of the three major forces of Freemasons, as international bankers, they also had constant frictions with Morgan's interests.

Since World War II, due to the extreme weakening of the Jewish bankers' power, in order to stabilize their status in the world, the Masonics began to expand their members in the name of the World Bankers' Union, from a Jewish banker organization to a World Banker organization, a large number of bankers from all over the world were united, and their ultimate goal was to establish a unified world dominated by finance.

However, since bankers naturally take into account their own interests, personal interests are inevitably inconsistent with the interests of the Masonic as a whole or the interests of a certain force.

Therefore, Lin Yu is not worried about the conflict between Morgan and Rockefeller, nor is he worried about the conflict between them and the Rothschild family. They are now working together, but as long as they are used well, it should not be difficult to dismantle them.

Taking a deep breath, Lin Yu suddenly figured out everything, and he also knew what he should do.

Taking a deep breath, Lin Yu murmured: "Those people are indeed crazy."

However, Lin Yu immediately showed a conspiring smile on his face, "However, the establishment of the EU still requires some gold reserves. Since those Masonic guys want to abolish the gold reserves, I will increase my holdings of gold. I will want as much as they sell."


Chapter completed!