Following Lina's instructions, when these hooligans went out to collect protection fees, they no longer accepted bank-issued notes. Instead, they only accepted Moon Crystals.
Although these hooligans' influence was limited, they had made a good start. After all, the currency had depreciated at a terrifying rate. In just a few days, the purchasing power of the currency had dropped to less than 1%. Although this rate of depreciation allowed many people to get out of debt crisis, they were now facing a crisis of survival.
The rapid depreciation of the currency had robbed the ordinary people of what little wealth they had. Therefore, the ordinary people had already lost confidence in the currency. At this time, when someone took the lead and no longer accepted bank-issued currency. Instead, they only accepted Moon Crystals. Soon, others began to follow suit.
Although the Moon Crystal had been forced to be abandoned by the government for a period of time, its value was still stable. After all, this thing had been used as a general equivalent in the Gamma Dimension for hundreds of thousands of years. Therefore, its value had always been recognized.
Therefore, in just two to three days, almost all the shops and individuals in the market no longer accepted bank-issued notes. When they traded, they only accepted Moon Crystals. Even if they were bartering, they would not accept bank-issued notes.
"Boss, the currency in the market is no longer circulating. Everyone no longer recognizes it," Anita reported to Jiang Fei.
"Alright, I understand. I'll have to ask the Archon about this," Jiang Fei nodded. Jiang Fei nodded. This was the result that he wanted to see, so he was not surprised at all.
"Boss, is there a way to solve this situation?" Anita asked, surprising Jiang Fei.
"Why are you suddenly asking about this?" Jiang Fei asked.
"You know, I used to have more than Moon Crystals, so I have quite a lot of money …" Anita was one of the people who had stopped earlier. She had avoided the debt crisis, but this time, she was dragged down by the inflation.
Although a large amount of the currency had depreciated, it could still be used to buy things. If this thing became completely useless, it would be over!
"If it's possible, spend as much money as possible. Buy anything, as long as it's something tangible!" Jiang Fei said.
"Yes, boss!" Anita's heart skipped a beat. Although she knew that the currency was likely to become useless, knowing the details in advance could reduce a lot of losses. Sometimes, this kind of insider information was worth a thousand gold.
"Alright, go do what you need to do. I'm going to visit the Consul." After saying that, Jiang Fei got up and left. In fact, he said that to Anita on purpose. After he said that, Anita would inevitably throw out a large amount of money that she had accumulated. Moreover, it was impossible for her not to tell her family and friends. When those people threw out the money, they would also tell their family and friends.
As this spread out level by level, the depreciation and invalidation of the currency became faster and faster. In the end, the ones who had to pay for this would definitely be the ordinary people who had no access to information. At that time, they would definitely be plundered by this inflation.
Unequal information was the best weapon for the elites to loot the ruled. Every time it was used, it was very effective and smooth. After all, the rules were made by the elites. As the ruled, the common people could only accept it.
Anita was very efficient. When Jiang Fei was on the way to the Consul's mansion, she and her friends started to buy Moon Crystals in large quantities. They did not ask for the price. They did not care how much money they had to pay because the money would soon become useless.
After two days, the market generally no longer recognized the bank-issued currency. The common people and merchants had started to use Moon Crystals to trade. At least the government still used the currency to collect taxes, and the public service industry also used paper.
Therefore, many speculators were still willing to make a profit from the price difference. The common people would not be able to keep the Moon Crystals for long. After all, they needed to eat and drink. These things could not be obtained without money.
After arriving at the Consul's mansion, Jiang Fei did not encounter any obstacles. He immediately met the Consul.
"I was just about to look for you. What's going on now? Why are these paper notes suddenly becoming useless?" This time, the Consul asked directly. He could accept the depreciation of the currency, but he could not accept the invalidation of the currency!
"Sir, I didn't expect this to happen either …" Jiang Fei pretended to be distressed and said.
"Alright, I'm not in the mood to hold you accountable now. Just tell me if there's a solution!" Said the Consul. Before Jiang Fei arrived, he had already discussed with his advisors for a long time. If there was any solution, he would directly put Jiang Fei in prison. Now, he was in dire need of someone to attract the common people's hatred.
However, in order to solve the problem in front of him, the Consul had to protect Jiang Fei. Therefore, he had to bear the brunt of the criticism.
"Sir, there are still two solutions. The first is the one I mentioned before. Abolish the currency, enter the military mode, and collect all the resources. Then, implement a rationing system," said Jiang Fei.
"Why are you always using this method? Is there no other way?" The Consul frowned. He had also thought about it in the past few days. In fact, if he implemented this plan, not only would he not suffer any losses, but he would also make a lot of money. After all, the Consul was the dictator in the Gamma Dimension. If all the resources were collected, wouldn't it all belong to him?
But in this way, the elites and bureaucrats would definitely not agree. This was equivalent to the Consul robbing them together. If everyone did not support him, then the Consul would be like a commander without an army. How could he continue to do his job?
"The other solution is obviously not as effective as this one. We can only take it one step at a time," said Jiang Fei.
"Then, what do you plan to do next?" asked the Consul.
"Then, I can only force all levels of shops to accept the currency!" said Jiang Fei.
"What if they don't accept it?" asked the Consul.
"If they don't accept it, it's against the law. Arrest them! "said Jiang Fei.
"Is it feasible?" asked the Consul.
"Only by using harsh laws can we re-establish the legal status of the currency. Only then can the people recognize it again," said Jiang Fei.
"Alright, there's no other way anyway. Let's do this for now." The Consul nodded. Although he did not dare to go too far with the top rich and elites, it was not a problem to bully these small and medium-sized merchants and the common people.
(End of Chapter)
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
