Mediterranean Hegemony Road

The full name of the Federal Reserve Bank is: Bulgarian Joint Reserve Board. Its establishment marks that Bulgaria's currency issuance system has entered a new era!

Of course, things are not that simple. The joint issuance of Lev by the three major banks involves many issues that need to be discussed.

Whether it is the distribution of the right to speak, the gold reserve ratio provided by each, and the currency issuance fee drawn by each party, there must be a clear regulation!

After all, there is a cost in issuing currency, and the benefits can be transferred to the government through seigniorage, but you can't let everyone lose money!

Of course, none of this work has anything to do with Ferdinand. After approving the establishment of the Federal Reserve Bank, the remaining specific work content is the matter of the Cabinet and the Ministry of Finance.

In order to smoothly coordinate the relationship between them, the Chancellor of the Exchequer Kennedy had to serve as the chairman of the first Bulgarian Joint Reserve Committee and preside over the currency issuance!

In fact, the Federal Reserve can also be regarded as a replica of the Federal Reserve, except that it is not responsible for Congress, but is responsible to Ferdinand.

It is responsible for formulating the current monetary policy in Bulgaria, including the regulation of deposit reserve ratios, the approval of discount rates, the management and supervision of Bulgarian domestic banks and other member banks and holding companies.

Its role is to control the currency and credit, and to regulate the Bulgarian economy by using the three levers of open market operations, the discount rate of bank borrowings and the statutory reserve ratio of financial institutions.

The Federal Reserve has independent decision-making power in monetary and financial policy and is directly responsible to Ferdinand. To a certain extent, it has escaped the control of the government and has become an independent subsidiary!

Like the Federal Reserve, the Federal Reserve is also a non-profit organization. It is a public welfare organization. Its current purpose is to meet the currency needed for the current commercial and trade circulation in Bulgaria.

In the future, the Federal Reserve Bank is one of the main tools for Ferdinand to control the Bulgarian economy. The method is very simple to adjust the interest rate!

If the economy overheats, it raises interest rates, shrinks money, slows the economy and reduces inflationary pressures.

If the economy is sluggish, it lowers interest rates, eases money, and encourages economic growth.

The key is to adjust and adjust interest rate increases and decreases according to the economic situation, and to be just right.

Monetary leverage is the most effective weapon for the Federal Reserve to regulate the economy. In the future, the Federal Reserve will adjust interest rates, which will not only affect the economic trend of Bulgaria,

It will also affect the economic situation of the Near East!

Now, the Federal Reserve has been authorized by Ferdinand to issue the first batch of one billion leva of currency, and put it into the market through government investment or bank loans to alleviate the shortage of domestic currency flow!

Of course, the reserve gold for the issuance of this part of the currency is naturally issued by the Union Bank and the Royal Bank! The gold reserves of the National Bank have long been used to print notes.

As for how this distribution ratio is determined, Ferdinand is unclear. It can't be 1:1 anyway. There are only so many gold reserves in the world!

If it was 1:1, the military expenditure of the British in the Boer War in history would have been as high as more than 2,000 tons of gold, which is a fart, which was nearly half of the total gold reserves of the United Kingdom at that time!

In theory, as long as it can be exchanged normally, you can print as much currency as you want!

Of course, this is an idealized situation, which specifically involves the balance of foreign trade!

If there is always a surplus, in theory, the reserve fund is low, and gold is flowing in anyway; if it is a deficit, be careful.

Greece is an example. The gold reserves are too low. After the outside world loses confidence in the government, the currency immediately jumps!

Ferdinand doesn't care about the specific situation, let the economic experts calculate it!

Now his job is mainly to get gold, and he must get the gold that Bulgaria needs to issue currency in the future!

In the short term, Ferdinand has secretly converted the wealth he has saved over the past ten years into Bulgaria's gold reserves through the two major banks.

Theoretically, the total gold reserves in Bulgaria now exceed 100 tons of gold; in fact, there are still only 30 tons of gold that really belongs to the Bulgarian government, and the remaining 60 tons are still Ferdinand's wealth. It was put there as a reserve!

The accumulation of normal means is too slow. Even if Ferdinand has tossed for more than ten years, he has only collected more than 60 tons, and the total value is less than 10 million pounds!

But gold and sterling are obviously not the same order of magnitude. Sixty tons of gold is in Ferdinand's hands, and he can easily print currency equivalent to hundreds of millions of pounds!

At this time, in Ferdinand's mind, the huge treasures that were discovered in later generations appeared in his mind. After taking inventory, he was surprised to find that none of them were easy to get!

For example, salvage sunken ships! Ferdinand only knew the approximate sea area, the exact location? Sorry for later media reports, and there is no detailed explanation?

In many places, maybe even the name has changed, how to find it? Even if you are lucky enough to find it, with the current salvage technology and working on the seabed, are you sure you can successfully fish up the gold?

Moreover, they are still in other people's territory. After thinking about it, Ferdinand finally decided to attack Asan.

At least the safety is guaranteed. It's a big deal if you find it, and you can share it together. If you don't find it, you can take it for yourself.

Kerala, located in the southwest of India, faces Sri Lanka across the sea, faces the Arabian Sea, borders the West Ghats in the east, and is long and narrow in the north and south, with a wider middle section.

The central part is the Malabar plain, with ups and downs, the southern part is almost all hills, and the northern coastal area is full of sand dunes. The cities are mostly distributed along the coast.

Tropical forest climate, hot and rainy, with an average annual precipitation of 2,400 mm. Forests account for about one-third of the total area, covering 15,000 square miles, and the territory has 44 rivers, making it one of the most densely populated in India.

It is a treasure tree described in Journey to the West with gold as the root, silver as the body, colored glass as the branch, crystal as the tip, amber as the leaf, beautiful jade as the flower, and agate as the fruit. Happiness in the Western Paradise.

At this time, Morka-Waldo was leading the intelligence personnel of the brigade, looking for the legendary Padmanabhaswamy Temple.

Thanks to the wonderful caste system of the Indians, white people are the supreme existence, so Morka and his party arrived at their destination smoothly.

Now they are experts and mercenaries of the United Mining Company, and they come to India for business, in short, to find gold mines!

Therefore, these armed men, which numbered more than 100, swaggered into Kerala. The British colonial government did not see anything, but instead provided them with convenience!

Now the United Mining Company is already well-known in the UK. In recent years, Allied Mining's gold production has hit record highs and is already one of the largest gold mining companies in the world.

Coupled with Edward's nature of pretending to be forceful, people with a little power in the world now know that this large international company is the property of the Saxe-Coburg-Gotha family.

As long as it is a normal person, in the case of no conflict of interest, everyone is happy to provide convenience. For example, when looking for gold mines in India this time, the London head office directly communicated amicably with the colonial governor of India.

An intelligence officer who went out to check the news introduced: The Padmanabhaswamy Temple was built in the 16th century and has a high reputation in the local area. Every day, countless believers come to worship and want to sneak into the meeting. It's very troublesome!

After listening to the introduction of the intelligence personnel, Morka's face is ugly, it is very difficult to take away the gold without knowing it, and this task is ordered by Ferdinand himself, which is very important!

Once the news leaks, God knows how much they can get in the end. After all, this is the territory of the British, and the benefits in it are so great that even if Queen Victoria comes in person, it is difficult to swallow them all!

Suddenly, Morka's eyes lit up and he showed a smile, saying: Now we are divided into three groups. One way is to send experts to each other to continue to search for gold mines in India, and the other way is to find a way to make them together at the Padmanabaswamy Temple. Big event.

Then, use the colonial government to find an excuse to block the temple, and the remaining people enter as temple maintenance personnel, and then find a way to take away the treasure!

After we succeeded, we left through the Arabian Sea, and there was a boat there!

Morka had to be thankful that the Indians were religious enough, and basically no one dared to attack the temple. Even the low-level maintenance personnel could only do coolies and could not go deep inside!

Boom! With a loud noise

The Padmanabha Swami Temple was severely damaged, and then news of an uprising of the Indian Baath Party came out. The colonial government immediately took action, put out the uprising, and the whole city was under martial law!

At the same time, the managers of the temple were attacked and killed at the same time, and the restoration of the temple was temporarily taken over by the colonial government!

Morka and his party entered the temple as architects and directed Indian laborers to restore the temple!

At midnight, Morka came to the back of the temple. The gate here was locked with a lock. I don't know how many years ago, the lock has been rusted.

At this time, the Indian laborers were sent far away, and the temple was surrounded by their own people.

Morka and the others are not the believers of the temple, and they directly opened the door violently. The rest of the work is left to professional tomb robbers, not archaeologists!

In order to deal with the trap inside, these experts, who have specialized in Indian history, entered the secret room carefully!

Going down the steps, there is only an empty space left in the secret room. There is nothing, and it is obvious that someone has entered.

Morka looked around carefully, and said lightly: Look, there is a dark room here, and the treasure should be hidden in the dark room!

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