How Did the Rex Bank Respond?

France was heavily indebted as well. Their solution was called financial repression. They basically told all the banks to hold interest rates low. And then they're going to basically run inflation at 20% for three or four years, right? To devalue all the debt they've taken on. Then they would go back to a gold standard. That's kind of what they did. It didn't work amazingly well, but it worked well enough that there weren't any protests and stuff,. There wasn't any overthrow of the government like there was in Germany. The British statesmen had an extreme, extreme, maybe we could call it like: "The math doesn't add up" Winston Churchill wanted to