Chapter 174: Who's Fatty?
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With advanced technology and high cost, the beautifully shaped African Yuan was quickly welcomed by the countries under the command of the Provisional African Federation once it was released.
This reaction is not surprising, the newly issued non-yuan is not just delicate and good-looking.
According to the exchange rate of the Federal Reserve Bank of Africa, the value of one non-dollar is directly equivalent to one pound.
Moreover, the bank currently has a direct exchange service with the British pound, the euro, the US dollar, and the renminbi.
In other words, if someone is not worried about the purchasing power of non-yuan, they can go to the bank and exchange it for the other four currencies.
The financial predators who originally wanted to take the opportunity to make a fortune and completely collapse the monetary system that Uncle Hei had just established by the way were somewhat dumbfounded.
Don't say it, at least the plan to stab you through the method of "fake" currency will not work for the time being.
Fortunately, as the old saying goes, all roads lead to Rome.
This time, the Federal Reserve Bank of Africa issued a new currency, in addition to delicate and beautiful banknotes, but also issued three physical currencies: gold, silver, and copper.
Speechlessly, the names of the three currencies are: Golden Galleon, Silver Sike and Copper Nat.
You read that right, the names of these three currencies are exactly the same as the currencies in circulation in the wizarding world in the Harry Potter movie.
Even the exchange rate between the three currencies is borrowed from Harry Potter, where one gold galleon can be exchanged for seventeen silver sicos, and one silver western can be exchanged for twenty-nine copper nats.
There are only three places that are really different, and in addition to the styling of the physical currency, there are also differences in size and materials.
Not to mention the shape, the currency that represents the image and value of the Federation naturally cannot directly use the props in the movie.
All right. In fact, Liu Muang planned to use it directly at the beginning, but considering that there were other problems with the currency value, he dispelled this unreliable idea.
In terms of size, given the price gap between gold, silver and copper, it is unlikely to be the same as the original.
Basically, one gold galleon contains exactly the same amount of pure gold as seventy silver stalks, and one silver sliver is worth twenty-nine copper nats.
Considering that the value of using pure copper to make copper Nat is too low. In order to ensure that there will be no loopholes in the value, in addition to the size problem, some high-value metals are also added to the raw materials to make up for it.
In addition to the shape, size and materials, the values of the three currencies are different from the original.
The gold galleons issued by the Federal Reserve Bank of Africa would be a big loss if they were only equivalent to five pounds like the original book.
But even so, the financial predators who were originally dumbfounded were immediately happy after seeing that Uncle Hei actually issued precious metal currency.
It's not surprising to think about. The Gold Galleons, Silver Sicos and Copper Nates issued by the Federal Reserve Bank of Africa are ready to be exchanged for non-dollar notes issued by the Federal Reserve Bank of Africa.
Although this is only to ensure the value of the non-yuan in circulation, it is important to remember that the non-yuan is also directly pegged to the British pound, the US dollar, the euro and the renminbi.
Not to mention whether non-yuan can be recognized by the entire global financial community, the fact that these three currencies can be directly or indirectly exchanged is a big piece of fat for those financial predators.
Don't forget, the market for precious metals is not static, but the gold Galleons, silver sicos and copper nats issued by the Federal Reserve Bank of Africa are basically fixed.
At least under the investigation of these financial predators. Uncle Black's bank did not issue any claim that the value of the three metal currencies would fluctuate in line with the precious metals.
In this way, once the market of precious metals fluctuates. Then the exchange rates of the three metal currencies will become the best target for financial predators.
In fact, this group of people who only recognize money and do not recognize people do exactly that, no, when the Federal Reserve Bank of Africa successfully issued non-yuan and three metal currencies, the African continent quickly became a sweet spot.
In particular, the member states of the Provisional African Federation welcome a lot of investors every day.
Construction, medicine, agriculture, electricity, etc., etc., companies in almost all fields have come to the company.
As one contract after another was finalized. Huge numbers of people and supplies began to pour into the continent.
Including Zimbabwe, which claims to be the poorest country in the world, has also ushered in a peak of development in a short period of time.
At the same time, the Federal Reserve Bank of Africa, which had just been established not long ago, also began to be established on the territory of various countries on the African continent in a rather strange atmosphere.
It is said that the Federal Reserve Bank of Africa can only exchange with the US dollar, the British pound, the euro and the yuan. It should be difficult to do business because it does not recognize the currencies of other African countries, but in reality it is the opposite.
Basically, every time you open an AFC Federal Reserve Bank, business gets busy very quickly.
On the surface, there's nothing wrong with these businesses.
However, when the settlement is made after closing every day, you will find that the business of exchanging non-yuan for gold galleons, silver sike and even copper nat is the most.
The second is the exchange of non-yuan for British pounds, US dollars and euros.
The exchange of pounds, US dollars, euros and soft girls for non-US dollars is the least.
There are even fake non-yuan situations in many places, and even fake gold galleons, fake silver sike and fake copper Nat have not been avoided.
It is also thanks to the fact that at the same time as the issuance of non-yuan, almost every depositor and merchant can get a special money detector.
In addition, whether it is non-yuan or three metal currencies, the technology used is quite advanced, and the production is extremely exquisite, and the problems caused by counterfeit money are not too big.
In particular, every Federal Reserve Bank of Africa is equipped with its own armed forces.
Of course, on the surface, this kind of armed force is only the bank's own security system, and the number of them is not very large.
But in fact, all of them are elites, no less than any elite special forces, and even more than many real elites.
Once someone is found in a certain area who wants to create chaos by means of counterfeit money, there is only one result after verification, and he will be directly executed!
However, the Federal Reserve Bank of Africa is naturally not stupid enough to admit such behavior, and anyway, many parts of the African continent are still in chaos until they are truly unified.
It is not surprising that some small armed forces are roaming around committing crimes.
In fact, it is these armed forces that really kill people.
But no one knows that these armed forces that seem to be afraid of chaos in the world actually have a common boss behind them.
After several "terrorist attacks" that raided homes and exterminated ethnic groups, the problem of counterfeit money, which had just begun to emerge, was quickly stunned in the cradle.
Invisibly, the recognition of non-yuan and three metal currencies has increased a lot. (To be continued......)