In 1925, currencies all over the world experienced a massive devaluation, and the Bulgarian Lev was no exception. It was only because the government stuck to the gold standard that it did not collapse.

If looking at gold as a base, the value of the Lev has not changed, but Ferdinand knew that this was all used to fool people, and the Lev was actually depreciating.

Inflation continues. From 1914 to the present, the overall price level in Bulgaria has risen by 24%, and the purchasing power of the currency is declining. This is an indisputable fact.

In the past ten years, the total amount of gold in the world has increased by nearly 50%. Under the influence of supply and demand, the total amount of currency issuance in the world has not only increased by 50%?

At least Bulgaria's money supply has more than tripled what it was in 1914, and although gold reserves have tripled on paper, this has only stabilized the international exchange rate.

Domestic inflation is still going to be inflated. From an economic point of view, people who have borrowed money have earned it, and the interest on deposits has barely outperformed inflation.

All this is covered up under the background of the rapid economic development of Bulgaria.

The people may not know, but Ferdinand should not know, these problems must be solved, otherwise, if it continues, Bulgaria's economy will have problems sooner or later.

"Mr. Kennedy, what do you think about domestic inflation?" Ferdinand asked

"Your Majesty, this issue is very complicated. Inflation is happening all over the world, and the main cause is the abandonment of the gold standard by the French.

Since then, the value of the franc has plummeted, as the currency's depreciation has made French goods more export-competitive.

Affected by the French commodities, the prices of all countries in the world are now affected, and inflation has spread rapidly to the whole world!

Fortunately, the industrial production capacity of the French is not very good. Otherwise, the inflation in the world will be even more serious. As a member of the world economic system, it is difficult for us to be immune! ' explained Chancellor Kennedy

"No, even if the French dump goods to the world, it will only cause prices to fall. How can they cause prices to rise?" Ferdinand asked in confusion.

"Your Majesty, the price of raw materials in the international market has increased, and labor costs have also increased. These factors are the direct reasons for the increase in prices!" Kennedy said hesitantly.

"Lauren,

How much industrial raw materials do we purchase every year? Can you find a way to change suppliers? ' asked Ferdinand concerned.

This issue is very important. If the Bulgarian industrial system has not been able to get rid of its dependence on overseas raw materials, the Germans will learn a lesson in front of them, and they will have to live with their tails between their tails for a long time to come.

"We import about 2.56 billion levas of industrial raw materials every year, of which rubber is the main one, followed by cotton.

At present, our domestic rubber and cotton production capacity is limited and cannot meet our industrial production needs! ' Lauren Holman, Minister of Industry, thought about it and said

"The cotton problem is good to say, we have already started large-scale cultivation in the colony, and these renewable energy sources, we can be self-sufficient in the future.

The problem of rubber is more troublesome, and the geographical environment for planting is higher, but it can also be produced by chemical means. The Germans have set an example. Ten years ago, they could synthesize rubber. There is no reason why we can't do it.

The key is rare ores, such as: tungsten ore, molybdenum ore, titanium ore, vanadium ore, zirconium ore, tantalum ore, niobium ore, lithium ore, beryllium ore, rare earth...

Although these special industrial raw materials are not in great demand, they are indispensable minerals in industrial development! ' said Ferdinand, frowning.

"Your Majesty, these minerals are actually not a big problem. Most of the minerals can be found in our country. Because the usage is not very large, we only need hundreds of tons of minerals every year, and even a few tons at least.

In our strategic reserves, we have reserves enough for us to use for two or three years. Under normal circumstances, as long as our country is not lost, it is difficult to be blocked unless we become the public enemy of the world!

The real threat to industrial production is the bulk of industrial raw materials. Because the demand is too great, there is no way to reserve them in advance. However, we have little shortage of these things. ” Lauren Holman explained

Ferdinand nodded. The current Bulgaria is no longer the Bulgaria of the past. Due to its geographical location, it happened to be stuck in the middle of the Eurasian continent.

On the huge land area, some minerals can always be found. Although the output of some rare minerals may not be high, at least some are not?

It is impossible to have a tragic situation where the factory is blocked today and the factory will be shut down tomorrow. The domestic production capacity is not enough, and smuggling can still be done.

Even the Germans persisted for a few years under the Allied blockade, and finally collapsed because of lack of food, followed by lack of bulk industrial raw materials. These rare metals were hoarded in advance, and there were capitalists who helped to smuggle them, but they were not very good. lack.

What Ferdinand is worried about is not smuggling, but the rising price of raw materials. For example, the price of cotton has doubled now, so the domestic textile industry in Bulgaria is almost over.

Another example is the rise in rubber prices, and the domestic auto industry in Bulgaria will be uncomfortable again. Although it will not go bankrupt, it is certain that the profits will be greatly reduced.

"Well, then increasing the reserves of these rare minerals by a part, lest the international price of rare minerals suddenly skyrocket, it is also a trouble for us!

At the same time, the Prime Minister urged the colonies to speed up the development of their plantations. Our domestic market is still waiting for their cotton and rubber! ' Ferdinand thought for a while and said

"Yes, Your Majesty!" Constantine replied

"Remember that this must be done in secret, and don't let anyone discover it!" Ferdinand urged.

Take precautions, these are not Ferdinand's worries, but the British are ready to start a fight against Bulgaria, and the London government is not so crazy.

The current British Empire simply does not have the strength to provoke a war. If a war breaks out, the London government will be powerless in conscription work.

Now everyone is busy making money, and if the national economy is in a good state, if we fight a war against the country, only idiots will do it!

Throughout the two world wars, they all broke out after the outbreak of the capitalist world economy, in order to divert domestic crises. Wars cannot be provoked by individual will.

How can the British deal with Bulgaria without the two sides turning their backs?

The best option is to provoke conflicts between Bulgaria and neighboring countries, and then support other countries to start wars with Bulgaria, and use the war to interrupt Bulgaria's development process.

It's a pity that the British couldn't find a qualified teammate this time. Bulgaria's expansion has become conservative, and the countries bordering them have no intention of fighting with them.

Which countries are currently in direct contact with Bulgaria?

The Russian Empire, Austria-Hungary, France, Italy, Persia, and the British Empire itself.

In terms of strength, it seems that in addition to France, only the British Empire has personally participated. There is simply no way to provoke a conflict, and the border between the two sides has no value at all.

No matter how confident the British are, they will never think that the two countries will fight a war against each other for the sake of a pile of sand. A war without sufficient interests is destined to fail.

The rest of the Russian Empire is now empty and can be ignored, and their opinions can be ignored on international issues for at least ten years.

In addition, Italy, Austria-Hungary, and Persia all have conflicting interests with Bulgaria more or less. It is not difficult to provoke their conflicts.

It's a pity that the gap in strength is there. Even if three of them go together, Bulgaria can easily beat them down.

If this happens, Ferdinand doesn't mind giving the British a medal, but is he worried that he can't find the opportunity to expand?

These cases were ruled out, and the rest was trade, and the only thing the British could restrict Bulgaria was economic sanctions.

And this economic sanctions, they have to hide behind the scenes, and it is impossible for the Royal Navy to block the coastline of Bulgaria.

Then it is a good choice to drive up the prices of raw materials, increase the tariffs on imported Bulgarian goods, and use their influence to snatch the international market with Bulgaria all over the world.

Complete commercial means, which can not only hit Bulgaria's economic development, but also take the opportunity to make a lot of money, I have to say that John Bull's abacus is very loud.

Looking at the report sent by the think tank, Ferdinand immediately felt relieved. Isn't it a trade war, he has seen a lot.

Since the British did not dare to provoke a war directly, for Bulgaria, this risk factor was within the tolerance range.

There are also many people in the world who are dissatisfied with the British Empire. If Bulgaria can combat the arrogance of the British, it is estimated that many people will be happy to see it.

For example, there is a tacit understanding between the protection of the law. When Britain and France conflict, Bulgaria supports the French behind the scenes, and vice versa.

The big deal is to export revolution. Although everyone is a colonial empire, there are differences between colonial empires.

The Bulgarian colonies, no matter how much revolutionism they import, and how many weapons and ammunition they support, are of no use.

You can't expect a native tribe of only 800 people to lead a war of independence. Many times the struggle between tribes is bigger than the conflict between them and the Bulgarian garrison!

Unless the colonial troops can be directly rebelled, obviously this situation is impossible. Even if the officers have ambitions, the soldiers will not agree!

In contrast, the colonies of the British Empire are different. As long as a fire is lit, it is not so simple to put it out.

Just look at the populations of the colonies on both sides. All the Bulgarian colonies combined, the indigenous population above will not exceed 20 million, and it is still decreasing.

At the current rate, within 20 years, the indigenous people in the Bulgarian colony will become a minority, and this issue has something to do with the exile policy.

For example, the ethnic groups in the Middle East were exiled to Africa, and the number of people would be reduced by 30 to 40% if they were not satisfied with the conditions. In order to survive, these outsiders would definitely have to clash with the locals.

The war between the two sides spread from the Bulgarian colony to the British and French colonies, but it was all wars between them and the natives, usually not large in scale, and did not attract the attention of Britain and France.

In addition, due to the needs of domestic projects, the colonial government requisitioned a lot of labor, and a large number of young people were lost, and the population reduction was inevitable.

On the other hand, the British, although their oppression of the colonies was not lower than Bulgaria at all, but their colonies were too fertile and the population base was too large.

In order to manage the place, they also cultivated a lot of vicious dogs in the local area. After the descendants of these people learned the cultural knowledge of the West, their loyalty gradually declined.

Once revolutionary ideas take root in these areas, these young people, who are full of middle-school thinking, are the most vulnerable.

Coupled with the long-term oppression of the British, life and death are all at the heart of the British. The older generation can bear it, but the younger generation is difficult to accept.

At such times, they can't help but take the initiative to accept revolutionary ideas, become one of them, and finally detonate contradictions.

Whether it succeeds or not, every time a revolution breaks out, the foundation of British rule will be weakened by a point, and over time, the colonial system will collapse sooner or later.

In history, the Soviet Union and the United States continued to export revolutionary ideas in this way, and finally disintegrated the British and French colonial system.

"The Propaganda Department should pay attention, students from the British colonies can lead them on the road of revolution.

Such as Das Kapital, the American Declaration of Independence, the European Revolution, the French Revolution, books that encourage national independence, are very suitable for them! ' added Ferdinand

"Yes!" Chekov replied without hesitation.

If the foreign powers do not stab each other, are they still foreign powers?

It is worth mentioning that Bulgaria allows the dissemination of any books, but these books also have comments in them, and are only released to the market after being reviewed by the Propaganda Department.

This is the method that Ferdinand came up with in combination with the previous life's Internet self-media, anyway, it is better to block it. As long as the right of interpretation is controlled, any revolutionary theory can be deviant.

Therefore, in Bulgaria, books of various doctrines can be sold publicly to spread the above ideas, and they must also be interpreted according to the meaning of the above experts.

If it is selling unannotated books, it is also a banned book, and the relevant personnel have violated the crime of disturbing social order, and the maximum death penalty has been started in three years.

The revolutionary thinking that was regarded as a beast of a flood in European countries was the same in Bulgaria. After the window paper was pierced, the mysterious veil was torn.

The people found that most of what they were looking for had already been achieved in Bulgaria, and the rest were lofty ideals. Those ideals that could not be realized at all with the current productive forces became real ideals. No one is interested anymore.

But if these things are not suitable for Bulgaria, they may not be suitable for other countries! Especially these peoples who want to get rid of the British colonial rule and establish an independent country.

In the end, it doesn't matter whether it succeeds or not. What matters is that the revolutionary ideas are spread out, and there are people who help take the blame.

Anyway, it is not the Bulgarian system that is exported. Whose theoretical ideas are ultimately his fault, and this can't be shaken off.

It is impossible for the British to find evidence that there is no revolution in Bulgaria, where books of revolutionary ideas can be sold on the street. Could it be that other people have been affected by reading these books, and should they be held responsible?

There is no need to pay attention, just recommend all these messy thoughts to these teenagers who yearn for national independence, and it has nothing to do with Ferdinand in the end.

As for whether anyone will read it, Ferdinand is not worried at all. In Bulgaria, these are ordinary books, but they are banned from the outside world.

The second-year juniors, the more they were not allowed to read, the more curious they became. Anyway, they just read it. They don't think that a book can make them crooked!

...

Khan, seems to have run away!

( = )

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