In the entire Gamma Dimension, there were about twenty banks. If each bank paid 1.5 billion, Barak would receive about 30 billion in insurance premiums. Based on Barak's understanding of these banks, the default rate of their investments was very low. It was barely more than 1%.
Now that Jiang Fei was implementing the "Work in Lieu of Work" policy, the entire Gamma Dimension's economy was booming. Even the poorest people had a stable income. Therefore, even if the banks relaxed their audit policies, their default rate would not exceed 5%.
What did 5% mean? It meant that out of the twenty banks, only one would have to pay Barak's compensation. The rest of the insurance premiums would be earned for free!
This way, Barak would receive 30 billion in insurance premiums and only have to pay 4.5 billion in compensation. He would be earning more than 25 billion for free! Moreover, he did not even need to invest any capital. This was because he would receive the insurance premiums first and pay the compensation later!
This was a complete empty-handed scam!
"I'll do it!" Barak did not hesitate for too long. In less than a minute, he immediately raised his hand and said to Jiang Fei.
"Sir Keno, do you have any questions now?" At this time, Jiang Fei turned to Colonel Keno and asked.
"Err …" Keno looked at the Consul blankly. He was a soldier and did not understand these things. Therefore, after seeing that Jiang Fei had perfectly solved all his problems, he did not know what to ask next.
The consul looked at Reynolds and then at Barak. Both of them were businessmen, not officials. They would not sacrifice their own interests just to please Jiang Fei. Therefore, since the two of them were willing to nod their heads, they must be able to make money.
With Jiang Fei's guidance, the proposal seemed to have formed a perfect closed loop. The bank would be responsible for lending, and the people would take out loans to stimulate economic growth. If they could not repay the loans, Barack would be there to compensate them. This way, the bank's income would be stable. It would definitely not collapse because they could not repay the loans and cause another financial crisis.
"What do you guys think?" The Consul looked at the others.
"It seems to be feasible!"
"Yeah!"
"I think it's worth a try!"
…
The high-ranking officials and tycoons around the Consul discussed among themselves. They seemed to be convinced by Jiang Fei's proposal.
"If that's the case, let's try it out for a while!" In the end, the Consul made the decision.
"Yes! My Lord! " Jiang Fei was secretly delighted. He had once again buried the nail in the coffin. Next, he had to arrange the second step. This second step did not require the approval of the Archon!
For the rest of the banquet, there was nothing much to do. The main purpose of the Consul's invitation was to discuss Jiang Fei's proposal. Now that the problem had been resolved, the banquet became a place for everyone to chat and share their feelings.
Although Jiang Fei was not very interested in this kind of occasion, due to his current identity, he still followed the Consul and kept in touch with these high-ranking officials and rich people.
When Jiang Fei was bored, he unintentionally turned around and saw that Anita seemed to have gained quite a lot tonight. At that moment, she was chatting passionately with a handsome blonde guy.
"Hehe …" Jiang Fei laughed. He did not have any feelings for his female secretary, so he did not care at all when he saw her with another man.
It was not until midnight that the banquet finally ended. For the others, it was a joyous night. However, for Jiang Fei, other than achieving one of his goals, the whole night was very boring.
"Anita, do you still need me to send you back?" Jiang Fei walked to Anita and the handsome guy and asked.
"My Lord, you don't have to worry about me," Anita said shyly. Obviously, she had a special event tonight.
"I'll give you half a day off tomorrow. Have fun," Jiang Fei said with a smile.
"Thank you, my Lord!" Anita thanked him as her face turned red.
After that, Jiang Fei did not care where the two of them were going next. He left the Consul's mansion and drove back to his home.
"You're back!" Lina was still awake at that time. She opened the door and took Jiang Fei's coat. At this time, her relationship with Jiang Fei was like that of an old married couple. Although they slept in separate rooms, Lina was still the mistress of the house.
"Hmm, why are you still awake?" Jiang Fei asked.
"Waiting for you," Lina said calmly as if she was saying something natural.
"Sleep early." Jiang Fei nodded, then prepared to go upstairs to wash up. It was impossible for anything to happen between him and Lina.
Before going upstairs, Jiang Fei suddenly turned around and asked, "Is there anything rare but useless in the Gamma Dimension?"
"What do you mean?" Lina was stunned.
"They're rare and useless," Jiang Fei said.
"If that's the case, then it should be the Moon Crystal, right?" Lina said.
In the past, the Moon Crystal existed as the general equivalent of the Gamma Dimension. It was rare and useless. For hundreds of thousands of years after it was recognized, it had always existed as the basic currency.
When Jiang Fei proposed the legal currency theory, the currency was endorsed by the government. The Moon Crystal instantly lost its value that it had inherited for thousands of years and became a pile of useless stones.
"There's some money in this card. Think of a way to buy some Moon Crystals, the more the better." Jiang Fei threw a card on the table.
"Why are you collecting those things? Aren't they useless? "Lina asked.
"Go collect them. You will know in the future." Jiang Fei smiled mysteriously, then turned around and went upstairs.
The next morning, Jiang Fei went to work as usual after breakfast. Although he had given his secretary a day off, he still had to do what needed to be done. After dealing with the official business on hand, Jiang Fei began to prepare for the increase in the bank loan.
As Anita was on leave, Jiang Fei had to draft the documents himself. Although it was difficult, if Jiang Fei did it himself, some of the details would be better handled.
Very quickly, the two authorization documents were drafted. After Jiang Fei read them a few times, he made sure that there were no problems. He signed Ralph's name and stamped his own seal.
In the afternoon, Anita came to work. The girl looked radiant today. Obviously, she had been nourished.
"Anita, help me send these two documents out later. Send the first one to Barak and the second one to each bank," Jiang Fei said to Anita.
"Yes, Master Ralph." Anita hugged the documents and left.
(End of Chapter)
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