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In June 1928, Italian leader Benito Mussolini agreed to the German request and announced that a European economic conference would be held in Rome, the capital of Italy. The purpose of the meeting was to discuss the currency devaluation and capital outflows that are plaguing Europe.

Even before the meeting, the German Finance Minister, Dr. Schacht, announced to the outside world that Germany would support the "World Bank" and "World Money" plans proposed by the United Kingdom. If Britain were to set up a "World Bank" or a "European Bank", Germany would join immediately.

However, the real upper echelons of Europe knew that although the British and German proposals were very good, they still faced great difficulties in putting them into practice.

Because there is no real core in Europe now! The hegemon of the army is France, the hegemon of the sea is England, and the hegemon of industrial production is Germany. In terms of population, Germany also far surpassed Britain and France, ranking first among all European countries except the Soviet Union. These three countries, even if they are low-key on the surface now, will not obey the other two in private.

In addition to Britain, France and Germany, Italy, whose national strength has grown rapidly after the National Fascist Party came to power, is also gearing up to revive the Roman Empire. Mussolini is now launching this economic conference in a high-profile manner just to show the improvement of Italy's international status, and does not really want to support any "European bank" and "European currency".

At present, Italy's economic aggregate cannot be compared with that of Britain, Germany and France, and it seems that Italy will not benefit Italy if it engages in European integration.

This Rome conference was actually just a high-profile meeting, but a high-profile meeting also had a high-profile meaning, because a high-profile meeting would give direction to the future of Europe.

And Hersman, who pushed for this "high-profile meeting", now has more important things to do, so he does not have the time to attend this "high-profile meeting". After negotiating an agreement on cooperation in the development of a new aircraft carrier. He was with Carl. Together, Haushofer left Rome and returned to Berlin to visit the Far East.

"Ludwig, are you really going with me to the Far East?" Cal. Haushofer, dressed in a well-tailored suit, sat in a Mercedes 6 sedan, smoking a pipe and talking to Hersman beside him.

"Of course," Hersman said. "I have to go, Japan is a very important country...... As for the Council of Rome, I don't think it's famous. Because the British themselves are constantly wavering on the issue of issuing world money. ”

"The British are shaking?" Cal. Haushofer is a political expert, but he doesn't know much about economic issues. "Why? The pound is facing a crisis, and now even the French do not trust it. ”

The Bank of France is selling off the pound (something similar has happened in history) and the French plan to exchange £150 million for gold to ship back to France, which is almost two-thirds of the gold that the Bank of England now holds! As soon as the news came out, it immediately caused panic in the market. Just 24 hours after the news was announced. The Bank of England sold £12 million of gold in the market to stabilize the pound exchange rate.

But anyone with a little monetary and financial knowledge knows that there is no "gold-pegged" currency in the world that can withstand a massive run - because none of these so-called "gold standard" currencies have and cannot have enough gold to prepare, and it is people's confidence that supports them.

"The French stabbed the pound at the crucial moment," Hersman smiled gloatingly, "and gave us a hard ...... But the end result will be regretted by the French for the rest of their lives. ”

Historically, the super-boom of the U.S. economy has attracted an inflow of European capital. Britain and Germany have suffered "currency crises", and Germany has no right to issue currency. Straight to hell.

And in this time and space, although Germany's industrial power was far stronger than in history because of Hersmann's butterfly effect, its currency issuance power still fell into the hands of Britain. In the event of a crisis in the pound, money would inevitably flow out of Germany, and this would lead to an extreme deflation in Germany – as Germany's productivity is stronger than it has historically been. The pain of deflation will probably be even worse!

And if Germany wants to defeat deflation, it can only tear up the Treaty of Versailles and the Keynes Plan. In this way, the reparations can be denied and the Mark's right to issue can be recovered. But this would lead to a sharp cooling of Anglo-German relations, and in that sense, the French had achieved their goal.

"The British may be allied with us...... "Karl. Haushofer seems to see it differently than Hersmann. "This is the only way to save the pound!"

The outcome of the currency war is definitely not the amount of gold, but the strength of the country! The reason why the pound is now suppressed by the dollar is not that Britain is short of gold, but that Britain is not strong enough. But Britain plus Germany will be enough to counter the United States.

If this can be done, it can temporarily stop the flow of money to the United States. However, in the end, it will definitely trigger a world war between Britain and Germany vs the United States!

"The British will not ally with us," Hersman shook his head, "and they will accept American aid...... Britain and the United States are brothers, but Britain and Germany have always been two families! ”

"Receiving aid from the United States? Will the Americans help the British stabilize the pound? "Carl. Haushofer will be skeptical.

Hersman was very sure of what he would! The Americans, like the French, did not want Britain to form an alliance with us. And by lending more to the UK, the Americans have actually proved to the world that the dollar is stronger than the pound...... This will accelerate the flow of European money to the United States, and this time even Germany will not be immune. ”

Although the German economy is doing strongly, there is still no way to compare it with the United States. The United States is much better off than Germany, and even with the "Keynes Plan" and the enlarged version of Soviet-German cooperation, the United States has lost some markets and boosted the German economy, but the German economy still cannot catch up with the United States.

If the mark can follow the pound to maintain stability, then there will be some money flowing into Germany. But if this foundation is gone, there will be a massive outflow of money out of Germany. Since the issuance of the Deutsche Mark is linked to the Reichstag's sterling reserves, when funds flow out of Germany, the Reichsbank will have to sell the pound to recover the Mark, and the circulation of the Mark will be greatly reduced, and Germany's domestic funds will become very tight.

An economic crisis is inevitable!

"That'...... What can we do? ”

Hersman shrugged, "Tear up the Treaty of Versailles, and then begin to expand the armament and prepare for war." ”

"War?"

"Yes, fight a world war!" Hersman nodded, accentuating, "This time we have to fight for the unity and unity of Europe!" ”

As the two spoke, the car was parked firmly in front of the German Ministry of Defense building. They are here today at the Ministry of Defence for an armaments conference chaired by Major General Schleicher, Director of the Department of Ministerial Affairs -- this Major General is theoretically the number two man in the German Army (referring to the number two among active officers), second only to the Chief of the General Staff, Lieutenant General Blomburg (because the General Staff is retained, the rank of Army One is naturally higher than in history).

However, the real power of his "Secretary of Minister" is above that of the Chief of the General Staff, and not long ago, he turned the Industrial Promotion Committee and the Aviation Committee, two extremely powerful departments, into organs under the Ministry of National Defense, and in fact placed them under the Ministry of Defense.

"Gentlemen, I think that an economic crisis cannot be avoided! While we must now do our utmost to save the monetary hegemony of the British Empire, we must be clear that the British Empire is the greatest obstacle to European unity, not a united leader! The British were not even as zealous as the French in pushing for European unity. The contradiction between us and France is only who will lead a united Europe. And the difference between us and Britain is whether Europe should unite or not! ”

The first speaker at the conference was Hirschmann, as usual! Schleicher overthrew Blomburg, the chief of the General Staff, and he himself was unwittingly overthrown by Hersmann - not because of Hersmann's scheming, but because Hersmann was always ahead of his time and able to show everyone the way, which was precisely Schleicher's weakness.

"Ludwig, you mean we're going to prepare for war with England and France?" The chief of the General Staff, Lieutenant General Blomburg, also came to the meeting, and he had some misgivings about the "war policy" of Schleicher and Hersmann. "I think you know how weak we are, right?"

"Your Excellency Lieutenant General, we are actually very powerful!" Hersman replied with a smile. Strong and weak are relative, if compared with Germany in the same period of history, I don't know how much stronger Germany is today!

Not only is the number of armies one and a half times more (counting the Baltic Defense Forces), but industrial production, especially airplanes and automobiles, is several times more than in history! And in the range of aircraft with air-cooled engines, Germany currently has a significant lead.

"Ludwig, I understand what you mean," Lieutenant General Blomburg was also not ignorant of the successes of German industry during these years. "We have indeed achieved a lot in industry, but it will take a long time to convert such forces into war capabilities, and we need a government that can unite everyone!"

Hersman laughed, "Time will come, this crisis will give us time." Because the crisis will not only exist in Germany, but also in Britain and France. Even the United States, having attracted money from all over the world, will fall into a crisis caused by the extreme expansion of the economic bubble. When the time comes, governments will be busy dealing with domestic crises, and no one will start a war against us. As for a government that unites the Germans, I have a good candidate for chancellor right now......"

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