Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 92 Someone wants to attack Lila (7)

Leo frowned: "Why should we hold on so hard? We have already taken out $300 million, and even some of the foreign exchange in the early stage have been taken out, which actually exceeded $400 million. Adding to the additional loan of $200 million is not good for us at all!"

"You don't understand, don't understand! Leo!" Contini shook his head, "Is this an economic problem? Is this a pure foreign exchange rate problem? No! This is a government reputation problem. The leader has stated on many occasions that the liga will not appreciate or depreciate, and will remain stable. When he speaks like this in front, you will have a big depreciation in the future? Where do you put the leader's face? The government's credit and fascist prestige will inevitably become worthless with the depreciation of the currency! Then the party is about to fall and the leader is about to step down. Can the United Group be safe at that time? We must grit our teeth to hold up this war!"

"But it's useless to add 200 million... Judging from the current momentum, let alone 200 million, adding 1 billion is not necessarily useful."

"No! 200 million is useful." Francisco interjected, "We counted that the large lira dismantled by Italian banks is 18 billion, and it is only a three-month short-term dismantling. It has been two months and a week so far. As long as you last another 3 weeks, the borrowed capital must be returned. Without lira, what will they continue to exchange for foreign exchange? Foreign banks can't change lira!"

"But..." Leo was about to say that he could not renew his loans when it expired, and suddenly remembered the rules set by Contini at the beginning. Banks in Italy cannot lend large amounts to foreign countries, otherwise they will be severely punished! As long as they lasted for these 3 months, they could declare victory like crude oil.

When he was just speaking, someone called: "President, I got the news from Sierna Bank and they are planning to borrow 3.5 billion lira from the outside!"

Contini was furious when he heard this: "Who made the decision! What is Volpi's attitude?"

"The bank's president! Volpi is working on a long-distance phone call, but the other party argued that the interest on borrowing is relatively high. Now the bank of Sierra has a surplus of lira. You can't watch the money lie down and pay interest for nothing, right?"

If it were Contini of the past, he would have borrowed it without hesitation. What is the interest? But this time he was really angry and slapped the table: "It seems that I am too polite to them for such an ignorant bastard!"

He called Mussolini: "Leader, report to you an urgent situation of 100,000 yuan. The Bank of Siena dared to ignore your orders and illegally lend large amounts to foreign countries, in an attempt to increase ammunition to international hostile elements attacking the Italian financial system. This phenomenon must be warned of a hundred!"

"Calais, you said it well! What do you think?" Mussolini remembers being in the Prime Minister's Office these two days, and foreign exchange has bottomed out day by day. He also knows that the situation is serious. This may cause the financial system to collapse. It has been in vain for five years. Not only will he be in vain, he will even step down. So this time, Mussolini has not dared to use the 100 million US dollars given to him by Contini so far. Compared with money, his political future is more important.

I heard that crude oil storage was also attacked two days ago, and he was also very anxious. Although he did not know how to collect and store, he had no shortage of political sensitivity. Opening the storage is the United Group's external commitment and also symbolizes Italy's national credit. If it is not collected or given up, it proves that Italy's national credit is completely a piece of waste paper. Following this inference, the promise that the lira value will remain stable is definitely a piece of waste paper. Therefore, when Contini said that he would requisition the lake to store crude oil, he agreed without hesitation and sent engineers to help. Although the lake is over, the matter of Sierna Bank cannot be just let go.

"Let's connect with foreign countries and sell off national financial sovereignty, which is like treason. Arrest immediately!" Contini gritted his teeth, "Immediately use the plane and dispatch the leader guard to arrest the president and board members of the bank! Those who refuse to arrest will be killed on the spot!"

"Is this good?" Mussolini was shocked. "These members are very ill-hearted!"

"Leader, you should use heavy punishments in troubled times. This is digging the foundation of the party and the foundation of your rule. If you can tolerate it, you will be able to pay it back in the future!" Contini advised, "Besides, it is just an arrest, and there is no conviction. It depends on the performance in the later stage! Whether to kill or release it, isn't you the final decision?"

"Okay, that's it! I'll send troops right away! I'll give these bastards some colors!"

After putting down the phone, Leo and Francesco were stunned, "I really want to arrest people? Catch people for such a thing?"

"This is no small matter!"

"The problem is private bank!"

"Private banks must also accept the leadership of the Party. What is unified management? Can private banks do whatever they want regardless of the safety of the country?"

“But this violates the principles of free economy and markets.”

"I never agree that we are implementing the principle of free economy and market." Contini waved his hand, "What is the name of what I said? To be prosperous and strong, not freedom! We must control public intellectuals' random movements, and capitalists' random movements must also control them. No one has the authority to surpass the three flags. All individuals must obey this principle and must obey the overall interests of Italy!"

The reason Contini was worried about using local police was because he was afraid of leaking news. So at this time, he had to use the leader guards, if he had not been concerned about political influence, he would have sent the black paratroopers out. Mussolini was also in a hurry. After 15 minutes, he gathered all the troops and pulled them to the airport Balbo transport plane. United Airlines' transport plane was ready to go and headed directly to the headquarters of the Bank of Sierna...

In the afternoon of the same day, the Bank of Sierna was fed in one go and was detained. After investigation, I found out that it was to be dismantled to the Jewish consortium in the UK. The annualized interest rate was as high as 24%, which was a remarkable high interest rate. No wonder I was crazy about it.

"You arrested people? Have you arrested all the senior officials of Sierna?" In the evening, Volpi called and asked fiercely, "I am doing ideological work. Why did you arrest people? The impact is very bad, do you know?"

"Earl, I understand politics more than you. Is it useful to rely on you to do your work without arresting people?" Contini also retorted without hesitation, "On one side there is high interest rate, and on the other side there is repeated orders. Do you think these unscrupulous capitalists can take you seriously? Am I helping you understand? The authority of the Ministry of Finance is established like this."

"I...I'm going to the leader..."

"Don't be stupid... the leader guard is going to! Don't you understand?" Contini said coldly, "This is a time when the party and the government are alive. If the leader steps down, you may still have the chance to continue to be the Minister of Finance, but do you think the leader is willing to step down?"

Volpi was speechless.

"Now you can tell the senior executives of major banks that if anyone dares to take risks, don't blame the leaders for being rude. Today is just arresting people, and next time you will go to the machine gun!" Contini said coldly, "The authority of the Party and the leader cannot be challenged. All foreign lending and loans will be terminated, and all loans must not be extended, extended, or renewed. Domestic loans and loans with a total of more than 10 million lira must be approved by the Ministry of Finance item by item! If they do not believe it, let them try the power of the iron fist of the Fascist dictatorship!"

Francisco looked at the "son-in-law" who was gritting his teeth in a complicated mood, and felt that he was indeed suitable to be a young leader. At least with such fierce tricks, he could not get the courage to fight to the death!

"All Italian banks have stopped lending from the outside and are very cautious about loans. The extension of the previous funds has also been rejected by them!"

"This is impossible! We're offering an annualized interest rate of 24%!"

"There is nothing impossible. Yesterday afternoon, the senior executives of the Bank of Sierna were arrested by the army after they approved the loan of 3.5 billion lira for us."

"Arson arrest? What crime!"

"Selling the country's financial sovereignty is like treason!"

"Mussolini is really brave..."

"It's not Mussolini who dares to do it. This is the idea that his good son-in-law came up with! It's the guy who wants to drain the lake water and inject it into crude oil."

"Little Ziano?"

"Public opinion should be mobilized to let the MP impeach the head of government and step down..."

"Come on... that's the United States' set, it's not useful in Italy! 70% of Italian media controls the fascist system, and Ziano himself controls newspapers and radio stations. Who will start public opinion? As for the parliament? Sorry, I've never heard of any significant power they have. It's all Mussolini's vocal bugs."

"Is no one protesting his murder of freedom?"

"Of course not...it's useless. Ziano's slogan is to be prosperous and strong, not free! Not long ago, he had already shut up hundreds of intellectuals, including many heavyweight scholars."

"This is a fucking dictatorship..."

"You only know?"

"Forget it, prepare to retreat, there is no hope..."

On August 24, although the foreign exchange exchange army still existed for many consecutive days, it was more of a demand for foreign exchange settlement. The total amount of the settlement on this day exceeded US$80 million. With the income and expenditure offset, the net income was more than US$20 million. On the second and third days, the net collection volume of daily income was rising.

"It seems that the opponent is retreating." Francisco said, "The exchange rate is sporadic, but the settlement is relatively concentrated."

"Increase the exchange rate by 1%, the local currency will actively appreciate!"

"What, is this too risky?"

"Don't be afraid, you can watch it. The more you appreciate the local currency, the more foreign exchange the bank will have tomorrow..."

On August 27, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, "Don't be afraid, you can see that the more the local currency appreciates, the more foreign exchange the bank will have tomorrow..."

On August 27, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%. As expected, the exchange price increased by 1%.
Chapter completed!
Prev Index    Favorite Next