Silicon Valley

Chapter 570: Wei Yuan Currency New Model

A few days later, on April 30, 2004, the President of Mozambique visited the Williams Empire. Henry couldn't be more clear about the purpose of his arrival. In order to show respect for the president of a country, Henry went to the airport to meet him.

Welcome, President Martin Walter!

Henry greeted him warmly, and then let him take a black Rolls-Royce with him to the temporary office building. When entering the lobby, Henry asked knowingly: President Martin Walter, I didn't know you visited the Williams Empire this time. What is it for?

Martin Walter smiled and replied: Your Majesty Williams, I am for what you said last time in Mozambique!

Oh, so that's what happened! Henry said suddenly realized.

Yes, after many discussions in the Mozambican parliament, it is finally decided that we are willing to use the dollar instead of the national currency!

Oh, that would be great, is it the same as Zimbabwe?

No Sir Williams, you may not have figured it out yet, what I mean is that Mozambique will completely replace its national currency with the dollar. We are not looking for loans, we want the 'Mozambican Metical' currency to be fully In exchange for Weiyuan, I think the money should come from the Williams Empire. It is just that the Williams Central Bank prints more banknotes. We Mozambique joins the Weiyuan currency system, and we cannot allow the Mozambican government to pay Williams The Mus Empire loan, bear a huge debt, right?

Henry nodded and said, Go ahead!

In addition, we also hope that Williams Central Bank can establish a branch in the capital of Mozambique. The bank will merge with the Central Bank of Mozambique. The supervision of the two countries, in this way, you don't have to worry about Mozambique printing money indiscriminately!

Well, this is also very reasonable! Henry asked, Any more requests?

What the President of Mozambique said is a bit like the development of the euro model, but it is a bit different, because the Williams empire is strong enough to have the right to print money independently, and if the Williams-Central Bank of Mozambique does not get Williams Without the approval of the Central Bank of the Sri Lankan Empire, money cannot be printed, so the initiative is entirely on the side of the Williams Empire. The issuance of the euro is discussed by all member states.

Of course, in order to stabilize prices and prevent inflation, the Williams empire will not print money casually, even if it prints money, it is also based on market demand. As long as the Weiyuan does not depreciate and is strong enough, it will not cause any loss to Mozambique. Even if it depreciates, there is also the backing of Williams-Central Bank of Mozambique, and as long as it is reasonable and reasonable, Williams There's no way the empire wouldn't agree to let Mozambique print money! In addition, for Mozambique, the Weiyuan is almost equivalent to the US dollar. Mozambique’s foreign exchange reserves are very small, and foreign advanced equipment cannot be afforded at all. Purchased by the Sri Lankan Empire, thus speeding up the rapid development of the country. And because the same currency is used, it can greatly promote the development of bilateral trade.

It is in consideration of these factors that Mozambique made such a decision.

We also hope that the Williams empire can increase investment and cooperation in Mozambique and promote the economic prosperity of the two countries! Martin Walter said.

no problem!

Henry smiled and stretched out his hand, I hope our two countries will have a happy cooperation!

Happy cooperation!

...

The next day, Henry signed an agreement with Martin Walter.

This cooperation method, which is different from the euro but similar to the euro, shocked the world. Just after Williams Empire and Mozambique held a press conference to announce, Zimbabwe came to the door and strongly demanded that the previous cooperation method be replaced with this one. For one thing, the government does not need to bear huge debts, and also has a part of the distribution rights of Wei Yuan.

Of course, this model first requires a country to have a strong economic strength as a guarantee. After the currencies of Mozambique and Zimbabwe are converted into Wei Yuan, they will naturally take the money to shop in the Williams Empire. If the Williams Empire cannot sustain it, Or it may lead to the collapse of the entire Weiyuan currency system. However, for the time being, there is no problem. The size of Zimbabwe and Mozambique is too small. The money of the two countries is added up, and the Williams Empire can eat.

On the surface, it seems that Mozambique and Zimbabwe took the money from Williams Empire, and then went to Williams Empire to shop, and Williams Empire lost nothing but losses. However, if you know how much money is spent on promoting the euro, you won't be confused. The cost from the issuance of the euro to its use is as high as 160 billion to 180 billion euros. However, the benefits brought by the launch of the euro to the EU will be incalculable. Similarly, after Weiyuan became the unified currency of African countries, the value created is very huge. Moreover, the Williams Empire also has the right to issue currency, and it will affect the whole body. It will surely become the core of the community of interests of all countries, which will help Henry further control these countries.

In addition, to a certain extent, other countries use Weiyuan to spend in the Williams Empire, which is actually stimulating the economic development of the Williams Empire. The Williams Empire makes money, and then buys raw materials from these African countries production, thereby creating greater value. Of course, Henry will also strictly control the export of products in order to curb the crazy shopping actions of these African countries and stabilize prices.

At this time, after seeing this new cooperation method, other African countries couldn't help but their eyes lit up, and they were ready to move, but at the same time, there was a trace of worry. After all, they would lose the right to issue their own currency and be subject to the Williams Empire!

(to be continued ~^~)

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