University of Vienna Falls Behind

To put it simply, gold is limited, but production is unlimited. Now the growth rate of Deta's production has reached a certain level, and Deta can't let go of printing money, which will cause the devaluation of commodities, then It is bound to cause a major deflation, which will also cause an economic crisis.

Of course, there are also advantages. For example, the exchange rate is stable, and it will not cause the previous trillions of marks to buy a piece of bread.

"Your Highness should think more than that?"

Schacht was keenly aware of Anna's thoughts.

Anna nodded.

"Yes, I want to issue a new currency, in the name of the euro, with deta as the test point for the euro."

The European Union has now been established.

Anna will not let the EU disappear.

It's just that peace may not come as expected.

"The EU will give us a better name. The coal and steel community and tariff policies cannot be implemented, but the EU will still exist. I want to issue the euro currency in Deta, and then use the euro to economically colonize other countries."

If the euro is issued in the form of the European Union.

Then the euro must form the European Central Bank, and the European Central Bank will issue, regulate, operate and supervise in a unified manner.

This is as good and bad as the gold standard.

It increases the interdependence of the European economy, promotes trade growth, and eliminates bank transaction costs, so that prices in various countries are more unified, arbitrage behaviors caused by price differences are reduced, and the competitiveness of enterprises in various countries is also intensified.

The disadvantage is also obvious. All currencies are controlled by the central bank, so countries cannot control the economy according to their own domestic conditions.

Today's economic conditions are extremely extreme.

Naturally, the euro cannot be passed.

The reason why Anna wants the euro is very simple. The euro will increase the competitiveness of enterprises in various countries, which will cause the enterprises that were originally protected by the state to lose their competitiveness quickly under the impact of the euro.

The companies of the Delta Empire have almost crushing advantages in competitiveness, just like Schacht can take advantage of the absolute advantage in the automobile industry to establish joint ventures in other countries, causing the domestic cars of other countries to completely lose competition. force.

Anna is also certain that other countries will not agree to the euro.

Then Anna can also control the right to issue the euro and use the legitimate form of the euro to economically colonize other countries, just like the League of Nations used shillings to colonize Austria's economy. The first step Anna wants to do is to use the euro to cancel Austria. shilling.

All in all, it is to put a layer of legitimacy on Anna's economic aggression.

Of course not.

Because Austria has been part of Deta since ancient times.

And Anna didn't want to plunder either.

The problem the world is facing now is overcapacity and insufficient consumption. After the economic colonization, Anna also wants to alleviate the overcapacity in Deta. This may not be a good thing for other countries, but for the people at the bottom of other countries. is a good thing.

It can also allow other countries to solve the serious imbalance of light and heavy industries in Deta.

of course.

At the root of all this is the economic strength of Deta itself.

If Deta's own competition is insufficient, then Deta is in turn economically colonized.

Schacht hadn't thought about it.

It is not just talk that Delta's education system is 100 years ahead of the world.

A world war almost wiped out the empire, but in less than ten years, in addition to the military aspect, the empire's economy has improved in all aspects.

"As long as there is no particularly major incident, Your Highness, I can achieve economic colonization of Austria in 1928."

"Then I want German and Austrian unification."

Anna didn't want to know how Schacht did it, and didn't have to.

Just give a request.

Let Schacht dedicate the results to himself.

Schacht has no complaints. In Schacht's words, he will steal all the treasures in the world and give them to Anna.

"I need the Chancellor of the Exchequer and the Minister of Propaganda to cooperate with me."

"Yes, but I just allocated 300 billion marks for military research and development. You can save some money on the Imperial Sovereign Fund."

"Yes."

Schacht bowed his head to Anna.

"Looks like you're happy with the situation?"

"Yes."

Schacht is indeed satisfied with the current situation.

In a sense, he is nothing more than a moderate far-right. For Schacht, he also yearns for war. There is no easier way of economic plunder than war.But the establishment of the EU today is not bad for Deta.

Because the coal and steel community and tariff policy cannot be implemented.

But restrictions on Deta and Austria have also been lifted, allowing Deta to act in the name of the EU, not as a war criminal.

"You long for war too? Schacht."

Schacht knelt down on one knee toward Anna.

"His Royal Highness, I'm not a soldier, I'm just a politician standing behind the scenes to stir up the situation, but if it was for you, I would be the first to take up arms and rush to the battlefield."

This is the state of the empire.

Even Schacht, the economy minister, is inherently hungry for war.

Not to mention the soldiers.

"Come with me to England next month for Baldwin's funeral."

"Yes."

A month after Baldwin's death.

Part of the domestic matter has finally been resolved in the United Kingdom. Chamberlain officially took over as Prime Minister of the United Kingdom, and the United Kingdom will also hold a state funeral for Baldwin.

at this state funeral.

Countries will also settle matters in the EU.

Chapter 45 Inheritance Law

Baldwin is dead.

But what Baldwin did was not for nothing.

The EU has been established, even if it is only a nominal EU, it still represents that the hardest step has been passed, but the ties that maintain the EU's existence have disappeared.

But no one dared to break the EU just after it was established.

Otherwise, he will be directly charged as the criminal who assassinated Baldwin.

Attacked by a crowd.

An eerie peace, so to speak.

But it's better than war anyway.

1927 1 Month 10 Day.

United Kingdom.

London.

Compared with the heavy fog in the past, today's London can only be described as misty and hazy. Baldwin's funeral was held in Westminster Abbey. In order to show respect for the peace that Baldwin brought, the original rule that all men in the British royal family should wear military uniforms is also Cancelled, changed to formal suit.

Other countries also canceled their heads and did not come in their military uniforms. Even Anna put on a long black dress.

When Anna walked past Oliver Ridsdale Baldwin.

stopped.

"Your father was a hero."

Oliver glanced at Anna, but didn't look away, pursed his lips, trying his best not to let his tears flow, especially in front of little princesses from other countries.

Baldwin and his son did not have a good relationship.

Compared to Baldwin, Oliver can be said to be a warrior. He participated in World War I. Although it was 1918, that time was the most cruel time. After that, Oliver went to North Africa, refused help from Baldwin, and was killed again. Turkey arrested and held for six months.

Shortly after Baldwin became prime minister, Oliver announced that he would cut ties with Baldwin because he was a staunch Labour member.

Oliver didn't understand why Baldwin's promises of industrial mediation, unemployment insurance, pension system, and private housing had all been done so badly. He continued to cut military spending every year, implemented protectionism, and even gave Deta tens of millions of pounds for nothing.

This rumor is circulating about the British Prime Minister being played by Princess Deta.

It came from Oliver.

When Oliver knew that Baldwin was going to build the European Union, he felt that Baldwin was really crazy. Just watching his father running between countries, Oliver suddenly felt that he didn't know his father at all.

Oliver doesn't understand what it's like to carry a crumbling empire on his back?

Baldwin's funeral lasted four hours.

Then came the national conferences.

In name, it was a state funeral for Baldwin, but in fact, countries held an EU meeting through Baldwin's funeral.

The meeting was convened by the acting EU president, Pope XI, who has no one but him to hold this position.

Mainly to discuss the operation of the European Union after Baldwin's death.

Practically everyone knows that.

This meeting has no meaning other than a quarrel, and no matter what anyone puts forward, it will be rejected, and it will be more boring than the long funeral process.

Anna also took advantage of the situation to propose the euro.

This time, neither will the next Baldwin come forward and say he agrees.

Naturally, it was rejected.

Seeing that her proposal was rejected, Anna couldn't help feeling a little melancholy. If it was approved, it would be troublesome for Anna, but when no one really agreed, Anna felt a little lost.