Chapter 1: A New Era - Aegis Settlement System
Politics has always been a matter of pulling the whole body, and what seems to be an ordinary blow is actually Franz closing the valve of expansion and suppressing the voice of the main war faction in China.
There are two sides to everything, the European War was won too easily, the spoils were too rich, and the most important thing was that the emperor was willing to share the benefits, so that "fame but immediately take it" has become the mainstream of society.
Spurred on by interests, the empire became more belligerent than ever. Ordinary people want to turn over through war, ordinary officers and soldiers who have risen because of military merits want to cross the threshold of nobility through war, and nobles want to go further through war.
"Man dies for money, and birds die for food."
Nature's laws of survival are vividly expressed here. Spurred on by profits, everyone has forgotten about the risks of war.
It's not that no one noticed the problem, but everyone tacitly pretended not to see it. The reason is very simple, the collapse of France has made the Viennese government lose its sense of crisis.
In the eyes of everyone, without the old enemy of France, there is no one in the world who can match the Holy Roman Empire.
Even the Royal Navy is still the number one in the world, and the big bears are still strong, but their weaknesses are all too obvious.
The Russians had weak industrial strength, the government was poor, and the economic lifeblood was still in the hands of the Reich, and it was necessary to see the face of Vienna.
The navy of the British, although the first in the world, was only temporary. As soon as the empire decided to fight for supremacy at sea, it was their turn to leave.
If you can't fight in quality, then pile up the quantity. It's a big deal that Britain builds one warship, and the empire builds two, and two against one can always win.
Rich is so arrogant, the integrated Holy Roman Empire, the financial revenue is more than the sum of European countries, as long as the government tightens its belt, even if it is land power and sea power to play together.
No matter how the others floated, Franz didn't float anyway. Revenues and expenditures are directly proportional, and ordinary people only see the huge fiscal revenue of the government, but ignore the huge expenditure of the government.
Had it not been for the primitive system of feudalism, which drastically reduced administrative costs, the Viennese government would not have been able to sustain this vast empire with its current revenues.
You know, because of the war, the Vienna government has been running a deficit for three consecutive years. The earliest time to achieve fiscal balance was 1894.
"Though the kingdom is great, the warlike will perish."
It is common in any period. Reality has proven that as long as the scale of the war reaches a certain level, no matter how rich the spoils are, it will lose money in the short term.
The outside world only saw the scenery of the victorious country, but did not know the suffering behind it. The spoils of war are only real wealth when they are digested, otherwise they are data that stays on paper.
Not only is the government poor, but even the pockets of the nobles are not rich, especially the newly rising military nobles, who may be cleaner than their faces now.
There was no way, all the money was thrown into the fiefdom. The fiefdom of their own fiefdom is managed by themselves, and of course, they have to pay for it to build it out of their own pockets.
Don't say it's a new aristocracy, even if it's an old-school aristocracy, it's not easy to come up with such a large sum of money at once.
The construction of the fiefdom itself is not a matter of one person, and all the hollowing out is not only their own wallets, but also the wallets of relatives and friends.
Of course, this is an investment, and it is the most sound investment. As long as you don't make a blind toss, you will definitely not lose money by operating a fiefdom.
Now the only people who have money are probably only the capitalists, but these guys are trembling at the moment, and they are as low-key as they can, for fear that the poor and crazy Vienna government will seize the criminal lever and confiscate them.
If all of them are legal property, there is naturally no need to hide and pinch, the problem is that the capital in these years is all bloody, and it is almost accurate to check one by one.
However, the Vienna government likes to play like this, and when it is short of money, it fights corruption, and then by the way, it involves a group of capitalists, or directly stares at a few fat sheep to investigate.
Something similar has happened three times since Franz took the throne, and each time the capitalists are leeks on the table.
Every time, the one who dances the happiest dies the fastest, especially those fools who run to manipulate politics, one of them is now grass on the grave.
It's none of Franz's business, behind this is a game between the aristocracy and the bourgeoisie. In order to ensure its political superiority, the aristocratic clique has always been within the rules of the game, suppressing the rise of the bourgeoisie.
Something similar happened not only in the Holy Roman Empire, but almost all of continental Europe, where two classes were fighting.
It was none other than that the conservatives of the Holy Roman Empire were stronger, overwhelming the bourgeoisie.
Of course, struggle is struggle, and in fact it has little to do with ordinary people. Even ordinary aristocrats, small and medium-sized capitalists, are not qualified to participate in this game.
Even if they are big capitalists, as long as they are not involved in politics, they will not be targeted.
It's a pity that many people don't know about it, and they still fantasize about building a strong political network, but as a result, the taboo of the aristocratic group has put their own family into it.
Eat a trench, grow a wisdom.
Although they didn't know that the emperor had drawn a cordon for them, and if they crossed the line, they would die. After enough social beatings, the capitalists still grow.
Most people think that it is the money that is causing the trouble, so that the most popular thing now is no longer "fighting for wealth", but the more popular "wealth is not exposed" in the East.
Sensing that the Vienna government was short of money, one or two began to pretend to be poor. Many capitalists would rather keep their money in the basement than let the outside world know that they are rich.
It is not a sin to keep money, and you have the right to dispose of your own money. The Vienna government is a rule-oriented government, and legal private property is sacrosanct and can be tossed as much as you want.
In a sense, the capitalists are also helping the Vienna government stabilize the value of the currency and survive the financial crisis.
Otherwise, the previous currency was overissued, and the value of the Aegis would have been lost. Compared with the franc that has been pouring thousands of miles, the Aegis that has also been over-issued, and the value of the currency has hardly fluctuated, which is a miracle in itself.
The lack of money in circulation was no longer a problem in the era of paper money. If it is not enough, it will be printed directly, and the circulation market of Aegis has expanded, and it is logical to increase the amount of currency in circulation.
Just like the dollar in later generations, as long as the market has confidence in them, Lao Teh dares to let it go...... Water, water, water.
The era of great military expansion is over, and the era of great economic expansion has just arrived. For now, if a small short-term goal is achieved, the Vienna government will be able to extricate itself from its current financial predicament.
In the middle of the 19th century, the gold standard system was successively established on the European continent, and the mainstream settlement methods of various countries in international trade were also gold, and the British pound and the Aegis were auxiliary to gold settlement.
In addition to the name of an international currency, in essence, Aegis and the British pound are not real international currencies, and they can become settlement currencies in fact, relying on gold.
Only by turning the "gold-Aegis system" into the "Aegis system" can the Aegis be an international currency in the true sense of the word. When the time comes, they will be able to follow the example of future generations of Americans and make a fortune by printing money.
Prime Minister Karl hurriedly persuaded: "Your Majesty, in addition to our reputation, the value of the Aegis currency is more important because it is pegged to gold and can be freely converted.
Once we get rid of gold and have no restrictions on gold reserves, we can print as many Aegis as we want, and the outside world will definitely not accept it, and if it doesn't happen, it will collapse directly like the current franc. ”
This is an inevitable result, although the credibility of the HRE Empire is not low, it has not been able to reach the point of being loved by everyone.
If Aegis and gold are decoupled, it is estimated that the British will immediately take advantage of the situation and push the pound out to seize the market.
Seeing that the prime minister was misled by the superficial question, Franz shook his head and explained: "This is a long-term goal, and Aegis naturally cannot be decoupled from gold in the short term."
It's just that in addition to the fixed exchange ratio with gold, we can also add some chips, such as: grain settlement, oil settlement, etc.
In these areas, we have an absolute advantage, and if we propose to settle directly with Aegis, the resistance of various countries should not be too high.
First establish the settlement status of Aegis on the European continent, and then gradually spread it to the whole world, and then implement the final step after the overall situation has been decided. ”
Copying homework, who wouldn't!
Although he does not know what happened in the process of establishing the hegemony of the dollar in later generations, Franz still heard of the operation of pegging and decoupling the dollar from gold.
Since you have succeeded in the original time and space, let's follow the homework. The small episodes that happened in the middle, the Americans were able to deal with them, and it made no sense that the Vienna government could not handle it.
The food hegemony and oil hegemony that the Americans have, these things are also available in the Holy Roman Empire, and the bargaining chips of the two sides are equal.
In the short term, it is unrealistic to want to promote the Aegis system all over the world, but it is still promising to implement it on the European continent.
When selling monopoly materials such as grain and oil, they insisted on trading with Aegis, and they were not afraid of the intransigence of European countries.
In these years, the European continent is still the center of the world, and as long as the Aegis hegemony is established in Europe, it will be much easier to promote it overseas.