"But the interest from Ursas..." To lend money out, you have to pay a higher interest rate than the appreciation of the money. Looking at it now, the interest rate must be paid at least until the end of the nine out of ten. Only the degree can convince them.
"It doesn't matter, high interest means high interest. We can repay the debt with hard currency and give out the initial few rounds, and by the way, accelerate the accumulation of the tsunami." Then, just like the emperor, it will be fine to pay back the money with waste paper. After all, the emperor still needs the first few rounds Those who use the little money earned from the treasury to pay the interest of the nobles, they now have a lot of money left in their hands, and they can't wait for us to borrow money. "
On the surface, it seems that they are eating both ends. Loaning to the emperor with the interest paid by Kazdel, and then lending to Kazdel with the interest given by the emperor, it is simply a huge profit. With the economic acumen of the nobles, they will definitely rush to this jumping on a paper boat.
In fact, the two parties who have already prepared for financial fraud and bad debts will make them get nothing at that time. The emperor settled the bill with waste paper, and Kazdel has already spent all the money, so they only need a little paper printed by themselves to go to Victoria. Buying the waste paper in the bad hands of the other party also settled the bill.
In the end, there is nothing left in their hands except piles of waste paper. The army, materials, and wealth accumulated over the centuries have all disappeared. Can a nobleman who has lost his army, wealth, and materials still be a nobleman?
This is much faster than violent hanging. After all, they have to pay for the rope to hang the nobles themselves, and in this way they have to borrow money to buy the rope to hang themselves, and then hang themselves on it.
However, such an approach can only be done to a big country like Ursas, which has a complete economic and financial order. It is useless for wild countries like Kazdel and Teresis that do not even have their own currency. effect.
It's as if Sargon is probably unscathed in this crisis - they don't have their own currency, bank and financial system, so they won't be affected in the slightest.
"You guys... are so vicious!" W was dumbfounded when she heard that, she thought she was already a little devil, and she would smash people to pieces at every turn, but compared with these three guys in human skin, She found herself as pure as Sakota.
She can kill people in a village at most, even if equipped with Lao Xia's new bombs, she can kill people in a city at best, but these three are going to destroy a country, or the other party hanged herself in her own home, and fell down before she died. Then give these three money.
"So, bankers and financial capitalists are the biggest demon kings in this world." The doctor sighed, "So, you should have hanged them all, right?"
"No, they hanged themselves, just like the nobles of Ursus." Old Xia smiled, "So, the banks and financiers over there are already literal: not human, and funny What is remarkable is that bankers who are not human at all are more human than they used to be.”
"Hey~ Although I can understand that this is the only way for society, it's still embarrassing to think about it."
"Then when will you three hang yourself?"
"We're not financiers." Kelsey gave her a blank look, "We just used their means, and we didn't use this kind of means. Do you think the Tower of Babel before, Rhodes Island after, and the current Ka Where did Zdel get the money to keep it going?"
"..."
"Rely on the bit of jewelry money from Princess Teresia or the income from your W as a mercenary. Do you think the doctor and the queen can afford the money for a project of the size of the northern Crescent Port?" She, Kelsey, was cheating and abducting everywhere. The money obtained from financial fraud was almost as good as artificially creating plagues, and making special medicines to make money. Rhode Island's number one master of Meyer economics was her.
After borrowing money and financial fraud, they changed hands and set up a bureau to kill the creditor. Even when the creditor was dying, he still thought that Rhodes Island and Babita were good people, but they didn't come in time. This is the master! (shock)
【Looking at the messy things Kai Maomao did, it's hard to say that she didn't make money like this, and it's also hard to say that the doctor went to bed. It wasn't for this reason that Rhodes Island turned into that bird. 】
Chapter 92 Borrowing Money
Usas, the little emperor finally didn't have the guts to really cut off all the goods of the Xia Group, but only temporarily withheld them, and then bought them directly at a low price with a sum of money from Usas, and then borrowed them from the Xia Group. He spent a large sum of money to buy and borrow supplies from various nobles and warlords of Ursus.
Regarding the current trend of expensive money and cheap goods, this is of course what everyone is willing to do. Even if the emperor finally pays back the things, the money and interests during this period are his own. Turning raw materials into currency is the most profitable thing at present.
"This is the richest year since I inherited the Great Reign since I was a child." The emperor felt sincerely when he stood on the terrace and watched the mighty transportation of supplies and various commodities entering the convoy of St. Jun Castle.
What the Xia Clan gave the emperor was hard currency, but what the emperor gave them was the Ursas currency. In other words, the Xia Clan got the currency in circulation and could continue to buy and buy, while the Emperor got the currency he had to exchange in the future. hard currency reserves.
And using this as collateral, borrowing materials and supplies from the nobles, and agreeing to repay the currency at the end, you must know that although the prices of red gold and origin stones as hard currency will not fall into waste, the prices are indeed constantly falling , or to put it another way, the value of hard currency is stable, and a lower price means that the value of the currency itself is rising.
Theoretically, if the nobles asked the emperor to finally repay the debt with hard currency, then they would have nothing to do and could make a lot of money, but when the currency keeps appreciating, which idiot would do such a thing.
"Your Majesty's move is wonderful." Witt complimented sincerely, turning the crisis into an opportunity. The economic crisis that would have hit the royal family hard has now turned into a good opportunity to gather power and reform politics.
"It's also thanks to the chessboard laid out by those people. Without the chessboard they smashed down, there would be no chance now, hey~" The emperor sighed. As the ruler of a large country, he did not have as much power as a small country could use. It is also a kind of sadness.
At the same time, Kosiche City, "What exactly are you trying to do?" Black Snake frowned. The last threat was not over yet, and this is the second time?
"Borrowing money, what else can I do?" Isn't that the purpose of the doctor taking time out of his busy schedule to meet this old poisonous snake? What about the black snake?
"..."
"Just a loan?"
"That's right, as you know, Tracys in the south has collapsed, which has caused me to carry a big burden now. What can I do if I don't borrow money? Once the south recovers, I will pay you back."
"Is that so..." Black Snake thought for a moment, then smiled, "Yes, but you will have to pay back whatever you borrow."
"Impossible. Even if production resumes in the south, it is impossible to sell the manufactured goods at this moment. I can only repay the debt in kind." The doctor shook his head. "So, I can only repay the debt in kind."
"That's not okay. You know, the value of an Ursus silver coin is already higher than its face value, and it's all thanks to you."
"No, at most 1/4 of the hard currency can be used to compensate, and there are only the first two installments, not later." The doctor gave in a little bit, but the black snake pursued him relentlessly.
In the end, the two parties reached an agreement, the doctor paid 1/4 of the hard currency as the interest, and the rest was repaid in the Ursas currency, and borrowed 2 million Ursas silver coins from the black snake, of course not all coins, this amount is very large Less physical currency transfers, but bank transfers.
"By the way, have you borrowed supplies from His Majesty the Emperor? If not, how about..."
"Don't talk, see off" Want to take this opportunity to cash out the manufactured products that have resumed production to obtain the amount of money that will be repaid in the future?Don't think about it!
"The money has been transferred to you, and I am looking forward to the results of your construction in Kazdale haha"
"Yes, that's right, hahaha"
"Huh...?" Black Snake looked at the doctor who was also smiling happily and instinctively felt that he had been fooled, but he frowned and calculated the current economic situation, coupled with the short-term future evolution Calculation was carried out, and the problem was not found.
Even he realized that the war brought about by deflation and the Great Depression is inevitable, so because of this, asking the doctor to pay back the money in the future can greatly delay their wartime economic system from turning into a normal economic system.
I have also considered whether the emperor will renege on his debts or exchange currency, and think that the possibility is not very high. After all, the impact of currency exchange is too wide. "It seems that I have to send Snake Lin to investigate." Black Snake was caught off guard, and didn't collect any information at all beforehand.
Ursas began to issue additional currency because it received a large amount of hard currency from the doctor, but the additional currency was not circulated in the country, but was given to the Xia Group to buy their materials at high prices and reserve more hard currency .
After the Xia Group received the money, the first action was to increase the purchase order of bulk materials to Victoria, Longmen and Rim Billiton, and it was an urgent order. Because the emperor was frantically hoarding hard currency, Ursas' currency The increase in the amount of corresponding hard currency means that the value of the currency has risen.
Naturally, all the factories would not reject the Xia Group's orders, and after receiving the money, they would not spend these "good coins" that are easy to appreciate in value, but would give priority to "bad coins" that appreciate slowly, such as Longmen coins. Therefore, the Xia Group, the Shihuaiya Group and the Rhodes Island Group frantically bought Longmen Coins in the market.
Following this trend of appreciation, the Longmen currency was used to buy and buy from other countries again. After cashing out such a circle of currency, it was almost out of thin air to get enough materials for the next construction and production restoration in the South, and even a large amount of funds for military purchases. Of course, it is also the principle that all the funds will be spent at one time at a certain point in time, leaving only a small amount of necessary reserve funds to deal with the risk of capital chain breaks.
And these funds will be gradually released after the attention is diverted, and the next step is to wait for this rickety pile of Jenga to collapse.
"Son-in-law, all the old man's money is on you. If you lose this one, both of us will have to beg for food." All the working capital, materials and personnel that can be used have been thrown into a stud, and now the entire group is separated from the capital rupture, and a thin layer of window paper is separated from the bankruptcy overnight.
If the estimation is wrong and there is a problem in some link, then, either Meyer economics and violence will kill all the creditors covering most of Terra, or they will really have to go bankrupt overnight and all go to beggars.
"Don't worry, there's no problem."
"How can you rest assured, how long does it take for variables to appear?"
"The next year at the latest, when the south settles down, it will be their time of death." Because things are cheap and money is expensive, everyone is selling supplies crazily, and these are consumed by Kazdel. In the upsurge stage, individuals have to issue more currency to supplement the circulation.
Unfortunately, this currency in circulation did not enter the hands of lower-level consumers, but became a pure financial game figure, and Kazdel consciously maintained this deflationary state, and consumed more supplies without lifting the Great Depression , so that the other party's factory is actually producing at a loss.
And the workers don't get enough wages, and they don't even get enough money to buy any supplies. Then when the south settles down, Kazdel no longer needs to buy.
The Great Depression will once again explode in the form of deflation. At that time, over-issuance of currency is a time bomb. Spending it at the highest price at one time will instantly turn deflation into inflation and induce a panic run.
But these people have already sold the hard currency with a lower price and exchanged it for currency in order to eat more currency. They cannot cope with the run at all. Pure waste paper, this is different from other commodities whose price drop is slow, but cliff-like.
At this time, the emperor of Ursus will definitely introduce new coins to deal with the old coins becoming waste paper, unless he will use the hard currency and gold he is currently hoarding to rescue the market, precisely because of this extreme deflation and The Great Depression left workers and civilians with few banknotes at all, and the cost of exchanging currency was negligible.
"We can even speed them up a bit." Kelsey said, "What you just said is just a purely economic trick. In fact, the economy is not just an economic issue." It is also a political issue and a military issue. Why many times, economics simply cannot solve economic problems.
"In fact, off-the-market moves are also possible. If they continue to eat, even if we sell all the currencies in our hands, it may not be useful. You can't be sure how big their positions are." If this happens, you can't detonate a run And inflation, then the pile of debt Kazdel bears will blow himself up.
It’s like when the stock market is short, you miscalculate the position on the opposite side. As a result, you get as much as you throw, and it’s your turn to have a headache. However, currency is not the stock market, especially the gold standard currency. “We use the money as benefits or bonuses. It is distributed to employees through a method, requiring them to exchange for pure gold. Compared with the incalculable Terra’s holdings, a country’s pure gold reserves can be estimated. It is only necessary to buy wildly when the price of pure gold and source stones is the lowest. Just run on it."
Going short with one hand and going up with the other can greatly hedge risks and artificially create a run-on panic.
"We can also release the news that we are going to set up a new hard currency warehouse to prepare for the future Kazdel currency circulation, which means that we will acquire a large amount of red gold in a short period of time, and they will sell them more quickly and look down on the price s things......"
Then there is an artificial run, as long as the money cannot be exchanged for gold, it is pure waste paper, even if it can buy gold several times more than its own exchange amount the day before.Unless they can instantly convert to a credit currency physique, take advantage of the current decoupling of the value of money from gold, and switch to a credit currency guaranteed by national credit.
However, everyone here knows that those aristocrats don’t have such brains, they only chase ups and downs, and their lives are not much smarter than retail leeks in the capital age. After all, in their era, these are real deals, and financial games are empty Anti-air stuff is something they don't understand.
Once the aristocrats who have a lot of money start to try to run, then everything else will be a matter of course.
"It was just a little snowball when the avalanche started," concluded the Doctor, "but what about our fence compared to that?"
"Basically, Longmen currency is no longer used in the territory, but our own currency is used. In addition, several banks in Victoria have proposed to represent our currency exchange business. It seems that after the appreciation potential of most currencies has been squeezed out, they are eyeing us. gone."
After all, currency appreciation also has a limit. It is impossible to continue to maintain the efficiency of the annualized interest rate of more than 20%. Then these bankers who have tasted the blood will naturally turn their attention to other potential new products , such as Kazdel's currency.
"Not now, if it was before, I would be happy, but not now." If it was before starting this plan, then the doctor is really happy, and most of their currency entering the circulation market will be sent to the working people , that is to say, purchasing power and circulation power have been injected into Terra in the Great Depression, and in the end, everyone can hand in hand and happily get through their respective crises.
However, in the previous situation, no one would discard the value-preserved Longmen coin and their own currency to hold the waste paper issued by a regime that does not know how long it will last, although they claim to be able to redeem hard currency - but now it is different Yes, the currency appreciates too fast, and their waste paper has become more and more potential for speculation.
If you can’t understand it, you can refer to the virtual currency to understand. All kinds of virtual currencies are essentially like this. If a currency has no value for speculation or the appreciation is too slow, the entry threshold is too high, then change it. .
"Refused, we continue our pace to ensure that our people will not be affected in the future collapse, this is the basic situation."
If all the countries in the world didn't treat the country as a whole, how could the doctors and the others gain the initiative in the future world war?After all, Sarkaz and Kazdel's own potential is so little.
As long as those rulers and nobles are a little bit of people, doctors want to swallow the world in the future, ignore the differences between nations and countries and integrate the power of all countries, it is all a dream.
"Then in the military industry...our new vehicle chassis has been manufactured and there is also a new version of the Originium Railgun" mainly due to the help of the Agor technicians and the selfless assistance of the Great Yan smugglers , the Titan chassis was gradually eliminated from the army, and replaced by the "Pan Crab" chassis with the same volume but simpler and easier to maintain.
The imitation is Dayan's "Xuanwu" chariot chassis. In Dayan, this is an extremely advanced large-scale chariot. Of course, like Terra's chariot, it is not so much a tank as a multi-turret monster of a land gunboat.
Carrying 25 people, it has a god cannon main gun and four "god arm" heavy armor-piercing crossbows. In addition, there are various grenade launchers and even rapid-fire crossbows. Agency driven.
Its function is not as an assault force like a tank, but as a miniature mobile stronghold. If necessary, it can put down the surrounding armor plates and transform into a sentry tower on the spot. It makes people wonder whether Dayan has mastered some wonderful technology such as Transformers.
However, the doctor does not use this kind of technology at all. Dayan's tactics tend to be defensive. This kind can quickly build positions and strongholds in field battles, and then use the advantage of Dayan's world-leading long-range weapon technology to shoot at the opponent. The vehicle is what they need.
After all, the so-called "strong bow and crossbow are the foundation of China"~ All the tactics of the Great Yan war are how to use the terrain, terrain, formation and various battlefield vehicles, props and combat vehicles to build a high platform that can be fired from a long distance. situation.
Perhaps it was part of the "authority" of their gods in the year. The technology of metal casting, deformed armor and portable bunkers is very advanced, so advanced that it hardly looks like what the Terrans developed later. The advantage is the existence of standard defensive warfare invincibility.
However, the doctor and the others removed these functions, and simply used it as a chassis to replace the Titan, removed the complicated deformation structure, and adopted standard four sets of single tracks and traditional liquid-pneumatic suspension technology to make Master Ke's terrifying mechanical The electromagnetic suspension is lost, and the road wheel technology also adopts Dayan's unique link structure of quick disassembly and quick deformation installation.
The part that was originally disassembled is installed with a leaf cold box and a tower heat furnace, and the Argo alloy technology is installed, so that the weight of the whole vehicle is reduced while the protection performance remains unchanged.The biggest change is that the Originium railgun uses Argo's special alloy, which no longer depends on Originium skills, and does not need to install special wet parts equipment for weapons, further simplifying the complexity.
However, the cost is that the power of the main gun has also dropped by about 15%, while the advantage is that the accuracy, range and rate of fire have increased by about 7% to 9%. If you count the advantages of manufacturing and maintenance, you have finally found a replacement for the Titan. Chassis products.
And the original Titan chassis became... "Boom boom boom!" The powerful military engine made a low roar, and a greasy mechanic drilled out, "Okay, the engine can be used, Ready to start"
This huge monster moved slowly in the barren field, turning up and crushing the burnt, blasted, and dry and hardened soil into soft soil—these eliminated Titans all became In the south, tractors are used to rush planting and bulldozers are used to clean up the ruins.
Chapter 92 Ruin Treatment and Medical Team
"Dangdangdang~" The sound of mechanical impact and clanging hammers resounded through the sky. Countless trucks and large vehicles pulled various alloys and synthetic materials through the wilderness, drove up the urban slope, and headed for the urban restoration zone.
These alloys from the masters of the year and Agor's technology gave Kazdel the ability to repair the town module, and the construction of the town module required more time and technology accumulation.
In the destroyed block of the city, the workers used the high-powered tractor modified by the Titan chassis to pull the track-type strange hand mechanical arm through the ruins. In the sloping and collapsed block area, these monsters with heavy iron balls Smash those solid urban chassis and structures, including some intact link sections.
Every now and then there would be a thunderous bang like a mountain collapsing, the sound of destroyed structures crashing into the garbage area below.
"All the demolition teams have gathered here. Each person has three labor credits per day, two for children and women, and lunch is included."
"The scavengers recruit people, six points per day, take care of their own food, don't want children and old people"
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