The morning in Upper Albin is gradually becoming noisy.

Humans are probably the toughest creatures in the world. No amount of blow could stop them from returning to their daily routines. Even though the city is still in ruins, those who live in Albion still choose to go back to their old lives.

Living well is the most powerful response that every ordinary person can make to a ruthless fate.

The oppression and exploitation of the colonies by the empire for so long has disappeared. Gone are the tax collectors who have been extorting taxes in the market for many years, and the gangsters who collect protection money.

Dussaint didn't actually do anything particularly good for business. He is simply trying to control the situation and restore peace and order for the whole of Newsar.

Commerce is one of the important economic pillar industries of Newsal, but its own significance is mainly reflected in the distribution of materials. These merchants, who bought goods for profit, would send them to the city to sell with great efficiency - even more efficiently than the Newsar Home Office could have used army trucks to transport them.

Dussand's main focus now is on agricultural production and the recovery of heavy industry. At most, there are some opinions about the financial sector - he really doesn't know much about the financial sector, so he can only try to ensure the stability of the most lucrative industry in Newsal.

Just don't trouble Newsal, who is trying to recover.

However, there is no point in just expecting "don't cause trouble". This group of "geniuses" in the financial system also has no consciousness of "don't cause trouble for His Excellency the Consul", and their ideas are very simple.

Make hay.

As long as you can make money, if you have money, you are the boss. What bullshit archons, what control of the system of production...... Does this have anything to do with our financial system?

As long as you can make money, as long as you have money to earn. The big minds in the financial system didn't even think about what would happen if something happened.

In his office, Dussander met such a great smarter. To be honest, if it weren't for the fact that he didn't have a gun at hand right now, Dussaint would have really planned to kill the brute in front of him first.

"Anyway, that's the way it is now." The president of the Royal Bank of Newsar, dressed in a fine formal suit and embroidered handkerchiefs worth at least fifteen gold pounds, said to Dusaud in an almost arrogant tone, "Our bank must obtain a special withdrawal authorization of at least two million gold pounds within five days, otherwise we will not be able to pay the depositors' interest for May." ”

Dussaint listened very carefully to Mr. President's request, and then asked his own question: "What does this have to do with me?" ”

"According to the regulations, this fund should be paid by the Colonial Office to my bank." "But you are now the supreme ruler of Newsar, and you should naturally pay for the money." ”

Mr. Governor also retains some basic intelligence, and he never mentioned the word "royal" to Dussand. But that seemed to end of his intelligence—at least Dussart didn't even hear the Governor's request for two million gold pounds to save the bank.

Just listening to the tone of the other party, Dussander even had the feeling that his son who would not be able to achieve a future was asking him for five gold pounds of pocket money.

So, Dussaint raised his voice again and asked, "What does this have to do with me?" ”

Newsar is now in ruins, and the poor in the treasury have to cry out even when the goblins go in. More than half of the inhabitants' rations were sent by the Federation or even the Empire. Routes with other colonies have not yet been restored, and the limited number of smuggling routes have been confiscated by Dussend - the cargo transported by these smuggling ships has gone from alcohol and luxury goods to industrial equipment, strategic goods, and other much-needed supplies for Newsal.

The property confiscated from the Governor's house had been almost completely depleted, and in order to continue to buy the goods that Newsar desperately needed, Dussart even used the confiscated assets of his father's house. At this time, Dussander had to sigh that the mining industry was really profitable—the cash left by the mining complex in Newsal was ten times the value of the Governor's entire property, and if the value of movable property such as mining equipment was included, the total assets of the Newsal branch of the mining complex might be about fifty times that of the Governor-General's property.

If it weren't for these "pay-ins", the Newsal government would have gone bankrupt long ago.

"Your Excellency, you may not have understood what I said." The president of the bank took out his handkerchief, wiped the sweat on his forehead, and said, "Our bank needs two million gold pounds, and we will need it soon." Without these two million gold pounds, we would not have been able to pay the bank interest for the month. This will directly lead to the credit bankruptcy of the banks, and then there will be a run on the ......"

Dussander looked at the bank president with a mentally retarded eye and asked for the third time, "What does this have to do with me?" ”

It's not that Dussaint is using some kind of rhetorical device to express his dissatisfaction, he really doesn't understand - the bankruptcy of bank credit leads to the bankruptcy of banks, you are not in a hurry as a president, why should I be in a hurry?

Newsal Royal Bank is not quite the same as the banks of the planet, not because of the backwardness of Newsal's banking operations, but because of the difference in the social structure of the two worlds.

In the Empire, it is impossible for most people to have enough money to put in the bank.

Not only do poor people have no money to put in the bank, but they may never have anything to do with the bank for the rest of their lives. Not to mention taking out loans, the poor don't even know what the banks do.

In this case, the bank is essentially a "broker" business. Some customers who have large sums of cash entrust their funds to the bank at a certain interest rate, and the bank is responsible for lending the money at the interest rate specified by the customer. Under this business model, the bank's profits are basically all derived from the entrustment fees paid by both the deposit and the loan.

Rather than making a profit on the difference between deposit and loan interest rates, as is the case with banks on the planet.

That's why Dussander asks this question - the rich people who deposit money in your banks, and the borrowers are also big factories or big companies. They run on ...... Then run on it. Anyway, it won't cause any social chaos, a group of very rich people run the banks, and the society will not be chaotic.

"Your Excellency......," the bank president tried to add weight to his words in a strong tone, "our bank is the issuing bank of Newsal!" If our credit goes bankrupt, who will issue money in the future? ”

"Most of the residents of Sunset Square buy processed meat from a butcher named Alder." "When the butcher named Alder is unable to work for some reason, will the residents of Sunset Square have to eat meat with hair?" ”

The bank president looked at Dussander in disbelief, and it seemed to take a few seconds for him to confirm that he wasn't having a nightmare - the young consul looked like he really wanted to let Newsal's Royal Bank go bankrupt!

"This will have a huge impact on the economic activity of the whole Newsal!" Mr. Governor threw away the embroidered handkerchief in his hand and shouted, "Your Excellency, the bank must not fail, otherwise everyone will lose faith in the gold pound!" If people lose faith in money, the entire system of human civilization will collapse in an instant......"

"Monetary confidence, what does it have to do with you?" Dussand glanced at the governor who was yelling at him, then put down the dipping pen in his hand and asked with interest, "Your right to issue coins was granted by the government of Newsal, and now you are going to be run out of business by rich businessmen - can I just grant another bank the right to issue coins?" I'm not interested in how your losses came about, it's none of my business anyway. You don't even have basic risk management and control capabilities, and you deserve the failure of a bank like you. ”

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The president of the bank walked out of Dussand's office in a dejected state, and after gaining some satisfaction from the scolding, Dussander called Escobar, who had been promoted to chairman of the House Affairs Committee in Newsar.

"The Royal Bank of Newsal may be going to fail, and such a big bank can't even pay interest on two million gold pounds." In order to save everyone's time, Dussander informed Escobar about the current situation, "The right to issue money should be in the hands of the government, not to these banks set up for profit." ”

After understanding the operation mode of the Imperial Bank, Dussander deeply felt that these banks set up for the purpose of profit were too unreliable - lending money to people and leaving them with no money to pay interest, saying that they would collapse if they failed...... Where can the currency issued by such a bank be creditworthy?

Rather than this, it would be better to simply take back the right to issue currency and hand it over to the central bank, which is not for the purpose of making profits.

"All other questions can be put on the back burner." After a moment's consideration, Escobar made a point that Dussander did not notice: "The business of the Royal Bank of Newsart is very complicated, and he has close financial transactions with many other small and medium-sized banks. If Newsard Royal Bank fails, many other small and medium-sized banks may follow suit – and the impact on society will still be significant. Leaving aside how the thousands of employees of these banks will survive after the bank fails, the failure of so many banks alone will lead to a large amount of dead debts. This could be fatal to Newsal's now fragile economy. ”

Dussaint nodded at the table, "That's what I invited you to do - giving money is not a good solution. Something went wrong with Newsal Royal Bank, and that's a risk but it's also an opportunity. Take advantage of this moment to check all of Newsal's current financial system, and then ...... We're going to have to start mitigating the big risks. ”

"Now that there is an opportunity, it is better to completely put the financial system in the hands of the government." Escobar's idea is a little more radical than Dussand's, "maybe it will also channel those idle funds to participate in the reconstruction of Newsar." ”