Chapter 1756: Gilded Foam (II.)

The thrust of Crofar's letter was similar to that of Antron's previous letter, which was to remind Roland to be aware of the risk of impending war in the Jotunheim region and to empty his imperial gold as soon as possible. In addition to this, Corofer also expressed his gratitude to Roland in a letter, thanks to his efforts, which temporarily freed Maria from the ...... from Timoth, the queen of cause and effect "Divine grace" that is too heavy to bear.

Colossa was very subtle, and Roland could not inquire about the couple's experiences in the New World, so he could only guess that his request to Miss Sindra to Timoth had played a role in causing the Queen of Cause and Effect to change her mind and stop trying to use Mary to preach in Canaan. If the speculation was true, it would be a good thing for Grophas, and it would also make him feel sorry for himself.

Antron and Orome will continue to stay in the New World, keeping an eye on the situation on the ground. Roland's side couldn't delay, seeing the dawn outside the window, he didn't feel sleepy, so he simply started a new day's work in advance, hurried to the central bank's office, and signed some necessary documents.

At nine o'clock in the morning, Roland handed over the documents that had been prepared to Anthony, and entrusted him to return to the holy city of Assan, and hand them over to his father, and the elder Fogel would take care of them himself.

"What's the matter, so mysterious?" Anthony couldn't contain his curiosity and asked Roland about it.

"It's just a business matter, but it needs to be kept secret for some reason, I'll leave a suspense for now, if I really want to know, I'll go back and ask your father." Roland blinked.

"Hey! I still have an appetite, I can't stand you! Anthony complained, but without delay, he immediately ripped open a teleportation scroll. Pillars of orange light rose from the ground and surrounded him. When the figure gradually blurred, Anthony did not forget to say goodbye to Roland: "I can't run errands for you in vain!" At the very least, you'll have to reimburse me for this teleportation scroll! ”

"No problem, go and get back quickly." Roland smiled and waved at him.

A few minutes later, Antony's figure appeared outside the gate of the holy city of Yashan, showed his ID to enter the holy city, and sent a letter to his father as soon as possible. Although Roland said it lightly, Anthony sensed that something big was coming.

After the father and son met, old Fogel took the document bag handed by his son, opened it and flipped through it, and his chubby fingers twitched slightly.

"Dad, are you alright?" Anthony had never seen his father so emotionally uncontrollable, and his heart suddenly rose to his throat.

Old Fogel sat down slowly in the armchair, grabbed the teacup with trembling hands, took a sip of water, and gradually relaxed.

"Originally, I thought that I could delay for a while, but it seems that the situation is more serious than I imagined, and I can't wait any longer." Old Fogel stared at the file bag and muttered to himself.

"Dad, what's going on?" Anthony's sense of foreboding grew stronger.

"Roland asked you to bring me a power of attorney." Old Fogel shook the document bag at his son, and said with interest: "He used to spend 30 million gold dugas to buy imperial gold banknotes at a seven-fold par price, and these gold banknotes are held by our Fogel family bank, and now he asks me to sell all these gold bills and exchange them for magic crystals or real money." ”

Anthony was stunned for a moment, quickly used his brain, and said slowly: "This year, the appreciation momentum of gold banknotes is very strong, according to today's market pricing, banknotes with a face value of 100 gold thalers can be sold for 213 gold thalers, Roland sold all the gold banknotes at this time, presumably thinking that the market price of gold banknotes has almost peaked." ”

Old Fogel nodded, his face extremely gloomy.

"I am not opposed to His Royal Highness Frank's implementation of paper money reform, but I am resolutely against the indiscriminate issuance of paper money, but it is a pity that His Royal Highness the Crown Prince ignored my warnings and listened to the nonsense of John Lauer's gambler, on the one hand, for the purpose of collecting money, on the other hand, it was also to cater to the public's speculation on gold banknotes, the original issuance of 250 million gold ducads, by this year has been overissued, and the total denomination of gold banknotes circulating in the market is nearly 700 million gold duga! But anyone who is sober-minded can see that the bubble in the market of gold money speculation is inflating sharply every day, and sooner or later it will end in bursting! ”

"It's a pity that there are not many sober people in this market, and almost all speculators have the same luck mentality, naively thinking that gold money speculation is a 'foolish game', like beating a drum and passing flowers, knowing that the gold money in their hands is a bomb that ignites the fuse, and still happily passing it to each other, thinking that they are smart enough to always throw it to other fools before the bomb explodes."

"Roland is far away from the Holy City, fortunately kept a clear head, he chose to sell gold money at this node, most likely because he heard some rumors, inferred that the speculative bubble of the empire's gold money is about to inflate to the peak, take advantage of the gold money to make a profit and leave the market, leaving those self-proclaimed smart gamblers to revel to death in the casino where the flood is about to overflow their throats."

Anthony's words made Anthony feel creepy, and he stood for a long time before he asked a question.

"Father, there's something I can't figure out. Frank did issue too many gold bills, but when these gold bills were sold, a large amount of real money was recovered, as long as there was enough gold and silver in the treasury, and the magic crystal of the Jotunheim Company was used as a guarantee, even if there was a run on the tide, he could survive the storm without danger, right? ”

Fogel let out a sneer from between his teeth, and looked at his son with his usual disdain.

"Silly boy, Frank and the people around him are trying to make you believe this kind of nonsense, and you really do, I really don't know whether to say that you are innocent or stupid."

"The gold banknotes issued by the Reich government, claiming to be secured by sufficient collateral, were even shouted by Prime Minister Mill. The slogan of '100% acceptance' is actually a lie, the reason why he dares to say this is because it is expected that the vast majority of people in the world are fools who are like the clouds, and will not really exchange gold banknotes for magic crystals, according to my estimates, the value of the collateral prepared by the Imperial Central Bank for gold banknotes will not exceed one-fifth of the total amount of banknotes, so you should understand that the imperial gold banknotes have been a scam full of lies from the beginning, and the reason why it has been maintained until now is only because most people have not seen through this scam. ”

"As for the real money and silver that you mentioned in the issuance of gold banknotes, it is a pity that most of this gold and silver is no longer in the treasury, part of it is used to repay foreign debts, and part of it is used to buy imported goods, my stupid son, don't forget, foreign creditors and traders are not as good at talking as our own creditors, so people refuse to accept gold banknotes as broken pieces of paper to pay off debts or pay for goods, people are only serious about gold and silver!"

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