Chapter 822 Euro

Putting down the phone, Sir Tucker felt a dizziness, and he was not mentally prepared to meet the most powerful man on the European continent, which made his heart pound all the time.

He hurriedly arranged his desk, put on his coat, and tucked his hair. When he summoned more than a dozen employees from the bank and went downstairs to line up to greet him, the convoy had already started.

There is still moisture here, and there are mottled water stains on the buildings on the ground floor. After all, the tide has just dissipated. Fortunately, the long-standing buildings here for hundreds or even thousands of years are still relatively strong and stand tall.

"Führer, this is the Bank of England." King George VI personally opened the door to Cyric and said to Cyric.

Looking at this white building, Cyric was also filled with emotion.

"Führer, welcome to visit the Bank of England." Suffering from being stopped by the soldiers next to him, Sir Tucker could only wait in the back until Cyric came over, and then he welcomed him: "I am the governor here, Tucker."

"Well, boy, yes, work hard, the future of the empire needs young people like you." Cyric encouraged.

This sentence is embarrassing, the empire, which empire is it? British Empire or Third Reich?

Luckily everyone blurted out at once, and Ser Tucker followed Cyric's ass, pissing.

All the way to the conference room, Cyric sat in the chairman's seat and immediately began to ask.

"Now, how much gold is in the bank?"

Gold, of course, is gone without a gram. If there was gold, when Germany entered London, it would have confiscated all that gold.

Sir Tucker told the truth: "When we took over the Bank of Scotland, the vaults were empty and there was no gold left."

"In other words, the pound can't support its value now," Cyric said.

The issuance of any currency requires reserves, and this reserve is undoubtedly the most suitable for gold.

Now, the gold reserves are gone. If the currency continues to be issued, the result will definitely be currency devaluation and inflation.

"Yes." Sir Tucker nodded.

"It seems that the British economy is about to collapse, and George VI has really committed an unforgivable crime against Britain," Cyric said.

Everyone can only continue to nod.

"In this case, then, in order to save the British economy, we in Germany are also obliged to." Cyric said: "Now, I have a proposal, in the whole of Europe, we issue the same currency, this currency, I call it The euro, which is our European currency."

Economic reunification is imminent. Doing things separately is obviously not conducive to the overall management of the entire European economy. Germany needs to integrate all countries.

Therefore, a unified currency must be issued!

EUR? Everyone present was stunned: "What about our current currency?"

It is very difficult to substitute one currency for another. For example, the British pound has been circulated to many countries in the world, and, until now, the British pound has been the global currency.

To actually replace the British pound, if not, it will make the world economy in chaos!

"Of course, it is to complete the docking with our euro as soon as possible." Cyric said: "Now, the British treasury is empty, and the huge sterling issued cannot be exchanged. Once there is a country with rich reserves of sterling, it is required to come to the UK to carry out the exchange. Exchange, if there is a run, the British currency will collapse immediately, you are all economic experts, can't you still figure this out?"

Cyric was right.

If there is a run on the pound, and the pound is exchanged for other currencies, the pound will immediately become waste paper, and the complete destruction of the British economy will follow. Thinking about it is crazy enough.

"So, how do we complete the docking?" asked Sir Tucker, although he is still young, after all, he has been in the financial system all the time, and now if the euro is issued, it will definitely be a huge job.

"The euro is our European currency, and every country will access it." Cyric said: "Now, I intend to use Germany's Bank of Berlin, the Bank of France, and the Bank of England, the three banks as the currency issuing banks, we In about half a month, we will complete the transition of all domestic currencies to the euro. After half a month, we will no longer let the original banknotes circulate.”

Half a month! In later generations, the integration of the euro took several years, and even after finding it unpleasant, the United Kingdom immediately withdrew.

However, this is a time of war, and it is Cyric's dictatorship. Cyric is one-of-a-kind. If it is too much, it is too much. If it is stopped, it will be stopped. If it expires, the currency will become waste paper.

"All banks, including commercial banks, must mobilize and organize their personnel to successfully complete this exchange task." Cyric said.

It is definitely a big project to get people all over the country to go to the bank to exchange money.

"Not only in the British mainland, but also in the colonies. It will also be exchanged. The same will not be expired." Cyric continued.

Hearing this, Edward VIII's eyes lit up. He had already guessed Cyric's plan. It was definitely killing two birds with one stone, a good way!

In the mainland, they have all been loyal to Edward VIII. In order to protect their own interests, those old nobles did not hesitate to join Edward VIII. However, in the colonies, many are still on the sidelines.

In particular, when the news that George VI went to Egypt came out, the colonies in the Middle East immediately declared their allegiance to George VI.

Now, there is a great opportunity in front of you!

If they continue to be loyal to George VI, the pounds in their hands will become waste paper, objectively putting pressure on them to make the right choice for them who are swaying.

"And what about the foreign reserves of other countries that we are required to exchange?" asked Sir Tucker.

This action is a double-edged sword. If the pound flows in swarms from overseas, it will put enormous pressure on the euro. This is not something that the United Kingdom alone has to bear, but the entire euro zone.

But at the same time, it also plays a major role in the circulation of the euro. If the euro is exchanged with overseas, it will soon be fully circulated.

"There is a premise that if other countries' sterling foreign exchange is to be exchanged, then they must support the London government. If they are secretly colluding with the sinner George VI, then they will not want to exchange anything." Rick said.

This is also equivalent to exerting pressure on the United States. The Americans' foreign exchange pounds should not be exchanged, and they should be kept as waste paper!

Americans must support King George VI, and in this way, the biggest source of foreign exchange has been lost.

This is not the future. With an advanced network, various programs can be designed to convert large amounts of funds into small accounts for exchange. The exchange between countries is extremely huge and can only be carried out by the country. .