Thousands of sparks

Chapter 161 Negotiation Tactics
With the "support" of the Royal Bank, Newsail's economic situation has greatly improved, which does not conflict with the hardships of the poor at the bottom.

The poor have not benefited from the booming economy of small and medium-sized enterprises, and their educational level directly limits their participation in all employment fields except low-end labor.However, the low-end labor field in Newsail can accommodate a very limited number of working people. Instead, they immigrated from other colonies, and those with certain professional skills can live well here.

If the original agriculture in Newsail was developed enough, perhaps through their own efforts, these poor people could also live a life full of food and clothing.However, the extreme poverty of local agriculture and the soaring fuel prices have directly lowered the average living standard of residents of Newsare.

Food needs to be imported, fuel also needs to be imported, and most of the strategic materials need to rely on imports to solve them.A large amount of over-issued currency led to a strong purchasing power in the Niusal market, and the selling price of goods in Niusal was about 1.2 times the average price of other colonies.

Those who are able to make money are doing well, while those who have no way to get a share of it are getting more and more miserable.What are the consequences of excessive currency issuance without guidance and supervision... The poor in Newsail are probably the most aware people in the world.

For Du Sande, he never got a penny from it, but now he has a headache how to deal with it, and the sadness is really beyond human understanding.

all in all……

Dusand invited Escobar again, and this time Ms. Tamara.

"The matter of the Royal Bank of Newsail cannot be delayed any longer. As long as one more day of hesitation is needed, the moth parasitic on the entire social system of Newsail will absorb more blood and nutrients—our society will be a little weaker. Dusand first characterized the incident, "Before the empire did not have a precise understanding of the power of financial institutions, they hardly had any effective supervision of financial institutions-that's why such a serious incident occurred."

Neither Escobar nor Ms. Tamara cared much about Dusand's "qualification".They simply took Dussande's attitude as some kind of "I'm going to do something big" declaration.

But Du Sande doesn't have the skill now, he is really a little panicked.

If it is said that Newsail's isolation and rebellion by the empire was the persecution from the outside world, then such an internal operation of the Royal Bank of Newsail may be that the old birthday star drank arsenic... and incidentally made a cocktail with paraquat organophosphorus and dichlorvos and then drink up.

This is not a question of "being tired of living crookedly" at all, but a question of "Although you are an old birthday star who is tired of living crookedly, is it a bit too much to commit suicide in such a heroic way?"

In his previous life, Dussand lived in a peaceful country. For a long time after he was born, the country he lived in had a prosperous and stable economy, and people's lives were getting better and better...Economic collapse and systemic financial risks seem to have nothing to do with The country doesn't matter.

In this life, after more than ten years of living with the concepts of his previous life, Du Sande suddenly discovered that the stable life he thought was just a bubble, and this bubble would burst in a few days.

It's impossible not to panic.

"First of all, I need an assessment - we must have an estimate of the worst outcome of the Royal Bank of Newsale incident." Dusand said to Escobar, "Mr. Escobar is responsible for advancing this work." .”

Escobar nodded. He is now the de facto administrative head of the entire Nusaal. It is indeed more appropriate for him to take the lead in such a job.

"Then, before this assessment report is released, Aika will control these economic criminals." Dusande turned to Ms. Tamara and said, "Over the years, various methods have been used to extract loans from banks to People who form bad debts ... their actions have had a serious impact on the economic operation of the entire society."

"Understood." Ms. Tamara, who has been a secretary for many years, immediately understood Dusand's meaning, "I will immediately ask Aika to conduct a thorough investigation of these people, and try to control as many of them as possible in the shortest possible time."

Dusande nodded. After all, Aika has a heavy task now. It is a bit embarrassing for the elder brother who wants to control all the "cracking holes" in one go. "Controlling their personal freedom is one aspect. Distribution networks also need to be fully reined in - these funds are key to our response to the crisis going forward."

Although Du Sande has not received systematic education in national governance, he understands one truth very well-governing a big country is like cooking a small fish.You can neither rush it nor ignore it completely.

This is especially true for economic policies. Of course, the fastest way is to issue new currency immediately, and then completely replace the gold pounds, shillings and pence in circulation in the market.Hold the currency issuance rights in your own hands, and then control commercial banks, so as to completely control the currency issuance at the root of the financial system.

But such negative impacts are too many, regardless of how to set the exchange rate with the gold pound after the currency is re-issued, so as to maintain the existing smuggling trading channels between Niusal and the Empire, and continue to maintain transactions with the federal side.Just getting ordinary people to accept this new currency and generate enough trust in the new currency...is a very difficult task.

Continuing to use the gold pound may expose Nussar to other risks.If the empire has completely played a general war, producing a large amount of gold pounds and then investing them in Niusal through various channels... This move can completely destroy the economy of Niusal.

Therefore, it is necessary to withdraw the coinage right and issue new currency at the same time.But it would be best if the new currency and the gold pound could be exchanged equally and circulate together in the market for a period of time.As time goes by, the gold pound is gradually withdrawn, and the currency replacement is finally completed.

Before that... Dusand must first ensure the stability of the gold pound, at least to keep this currency stable in the hearts of the people of Newsail.

"Also, investigate the nobles who lent money to Newsail Royal Bank 27 years ago." Dusand suddenly thought of something, and before the meeting ended, he said to Ms. Tamara, "Make sure the loan between them ratio, and how much repayment has been received over the years.”

Du Sande's idea is very simple. After so many years, these nobles have probably received interest many times higher than the principal.These people not only did not lose money, but even earned several times or even ten times the interest.Under such conditions, negotiating with them is also a way-you give me Belford a face, I promise not to shoot you all-this way of negotiating should be able to achieve good results, right?
(End of this chapter)