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Chapter 2870

Words:1753Update:23/02/05 00:40:19

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"Alright! Sir, leave this matter to me. "Jiang Fei nodded immediately after pondering for a while.

"You have a plan?" The Consul was stunned. He and his advisors had been worrying about this for a few days. He didn't expect that Ralph would agree to it so readily when he casually asked.

"I have an idea," Jiang Fei said.

"What are you going to do?" The consul asked.

"Four words — work in lieu of relief!" Jiang Fei said.

"Work in lieu of relief?" The consul looked confused.

"Sir, the people are starving because they don't have money, not because the merchants don't have food, right?" Jiang Fei asked.

"Yes!" The consul nodded. As the financial crisis had only broken out for a short period of time, it was not enough to affect food production. Therefore, the grain merchants had food in their hands, and the crops were growing well.

However, the problem was that the Gamma Dimension was not a highly centralized place. Although the consul looked like a dictatorship, he could not order the grain merchants to confiscate the food in their hands and distribute it to the starving people.

If they wanted to provide disaster relief, the government could sell the food from the grain merchants and distribute it to the starving people. However, the problem was that the government had no money in its hands now. Moreover, if they always gave free food to the people, it would be a bottomless pit!

That was why the consul and the others were worried about this. Although forcing the grain merchants to open the granary to release grain was the final plan, in that case, the rich class would definitely unite to resist the consul. At that time, the consul would not be replaced by the sheriff, but he would be replaced by the rich class. That would not be worth the loss. This was also the reason why the consul was reluctant to take action until now.

"Since there is no shortage of food and the people are starving because they don't have money, why don't we just give them money?" Jiang Fei laughed.

"It's easy for you to say, but we don't have money to send to them for disaster relief!" The consul said.

"Why should we give it to them for free? Didn't I just say it? Work in lieu of relief! "Jiang Fei laughed.

"What do you mean?" The Consul seemed to have thought of something.

"We're not giving them money for free. We're giving them jobs. You see, after the previous two riots, the entire city has suffered great losses. The Life Extension Center definitely has to be rebuilt. Many of the residences in the wealthy district have also been destroyed, and those places have to be rebuilt as well. In addition to the other things that have been damaged, we have a lot of tasks to rebuild. And to rebuild, we need people. We need people to work. Aren't these poor people who can eat the best labor force?"

"Let them work, and then we'll pay them?" The consul was enlightened.

"That's right!" Jiang Fei said.

"But the problem is, we don't have the money to pay them!" The consul spread his hands. Although he had previously agreed to the war against the sheriff, the consul and his government were now financially strained.

"If we don't have money, it's easy. Let the bank print more paper money, and then we'll have money. We can use this money to pay the wages of those workers, and then they will definitely buy food to eat. Once there is business activity, we can collect taxes! When that time comes, we can use the tax money to pay the next month's wages to the workers. Won't the money roll over? "Jiang Fei laughed.

"Interesting!" The consul's eyes lit up. This Ralph's idea was like getting something for nothing!

Let the bank print more money, and then distribute it to the workers. The workers would buy food and necessities, and then the shops would pay taxes. After the taxes were collected, the government would be able to pay the workers again. Although there would still be some losses, the government would not suffer any losses. A large amount of infrastructure would be completed. Normally, the government would have to spend even more money!

As the government itself had the budget to rebuild the infrastructure, the money had to be spent no matter what. On the contrary, by using this method of work in lieu of relief, not only did they save money, but they also allowed the entire financial market to return to normal. This was killing two birds with one stone!

"How did you come up with all these ideas?" The consul looked at Jiang Fei and asked. He now felt that this martial artist from the slums was too talented. He could even think of such a genius idea!

"I just thought of it on a whim," Jiang Fei said vaguely. Jiang Fei said vaguely. He had learned these things from history textbooks when he was still on Earth. He just took them here and used them directly.

"You really are a genius! Alright! I'll leave this matter to you! "The consul said on the spot.

"Thank you for your trust, sir!" Jiang Fei was very happy. Apart from gaining the consul's trust, he was also happy because he had unknowingly dug a big hole for the consul to fall into.

The legal currency was endorsed by the government. There was no need for any substantial high-value items to be used as collateral. Its normal operation depended on the government's reputation. If the government knew how to play and was willing to play, then everything would go smoothly. However, if the government did not know how to play, or did not intend to play, the legal currency was the best weapon to rob the people!

As there was no need for things like Moon Crystals as collateral, it seemed that when printing paper money, it did not even need to consider the leverage of several times the Moon Crystals as collateral. Instead, it could be printed at will. This caused the government to be responsible, then it would limit the number of paper money issued to make it conform to the financial rules and maintain the stability of the currency.

However, if the government wanted to rob the people's wealth, it could just issue paper money indiscriminately. Anyway, they could just print as much as they wanted. If the government ran out of money, they could just turn on the money printing machine.

The result of this was inflation. The currency depreciated crazily. In the end, the value of the currency was not even as valuable as the paper it was printed on. This kind of thing had happened more than once on Earth. Jiang Fei was well aware of it.

So now, Jiang Fei inadvertently revealed a message to the consul. If there was no money, he could just turn on the money printing machine and print a little. However, he did not say that this matter could not be done recklessly. If there was no money, then print it. If there was no money, then print it. In the end, there would be trouble.

This foreshadowing was equivalent to Jiang Fei planting a big bomb in the Gamma Dimension. The previous financial crisis was easily overcome. That was because the Gamma Dimension had a strong government to support it. With the government's endorsement, the new currency was quickly recognized.

However, if the government issued money indiscriminately, it would lead to a new round of financial crisis. At that time, not only the financial system would collapse, but the government's credibility would also collapse. If the government lost its credibility in the hearts of the people, no matter what currency they issued, the people would not recognize it!

So that time would be the time when the Gamma Dimension would be completely chaotic!

Jiang Fei also left this foreshadowing just in case. In fact, if he could successfully kill the Snow Beast, Jiang Fei did not mind giving the consul a warning in advance so that he would not issue paper money indiscriminately. However, if Jiang Fei encountered trouble, this foreshadowing would become his way out. Because once the Gamma Dimension was completely chaotic, who would care about him?

(End of this chapter)

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