Newsard's economic situation has improved dramatically with the "support" of the Royal Bank, which is not in conflict with the hardships of the poor at the bottom.

The poor have not benefited much from the booming SME economy, and their education level directly limits their participation in all areas of employment except for low-end labor. The low-end labor fields of Newsal can accommodate a very limited number of workers, but they have emigrated from other colonies, and those with some professional and technical skills can live here quite well.

If Newsar's original agriculture was developed enough, perhaps these poor people would be able to live a well-fed and clothed life through their own efforts. However, the extreme poverty of local agriculture and the soaring price of fuel have directly lowered the average standard of living of the entire Newsal population.

Food needs to be imported, fuel needs to be imported, and most strategic goods need to be imported to solve the problem. The large amount of over-issued currency has led to a strong purchasing power in the Newsal market, where goods are sold for more than 1.2 times the average price in other colonies.

Those who can afford to make money are doing well, and people who can't get a piece of the pie are getting more and more difficult. What are the consequences of unguided, unregulated currency over-issuance...... The Nyusar pauper is probably the clearest man in the world.

For Dussand, he never got a penny out of it, but now he has a headache to deal with, and the sadness is really not enough for outsiders.

All in all......

Dussander brought in Escobar again, and this time Ms. Tamara.

"The matter of the Royal Bank of Newsal cannot be delayed any longer, and if we hesitate for one more day, this moth that parasitizes the whole system of Newsal society will suck some more blood and nutrients - and our society will be a little weaker." Dussander first characterized the incident, saying, "The empire did not have a precise understanding of the power of financial institutions, and they had almost no effective supervision of financial institutions – which led to such a serious incident." ”

Neither Escobar nor Ms. Tamara cared too much about Dussand's "characterization". They just took Dussand's attitude as some kind of "I'm going to do something big" claim.

But Dussaint doesn't have this kung fu now, he is really a little panicked.

If it is said that Newsal's isolation and rebellion by the empire is persecution from the outside world, then such an operation within the Royal Bank of Newsal may be the old birthday boy drinking arsenic...... I also made a cocktail with paraquat, organophosphates and dichlorvos and drank it all.

This is not a question of "tired and crooked" at all, but a question of "although you are a tired and crooked old birthday star, is it a bit too much to commit suicide in such a heroic way".

In his previous life, Dussander lived in a peaceful country, and for a long time after he was born, the economy of the country he lived in was prosperous and stable, and the people's lives were getting better and better...... The collapse of the economy and systemic financial risks do not seem to have anything to do with this country at all.

In this life, Dussander suddenly discovered after living for more than ten years with the concepts of his previous life...... The stable life I thought was just a bubble, and it would burst in a few days.

It's impossible not to panic.

"First of all, I need an assessment – we have to have an estimate of the worst possible outcome of the Newsal Royal Bank incident." Dussaint said to Escobar, "Mr. Escobar is in charge of this work." ”

Escobar nodded, he was now the de facto head of the administration of the whole of Newsar, and it was fitting that he would take the lead.

"Then, until this assessment report is released, Aika will have to control these economic criminals." Turning to Ms. Tamara, Dussander said, "Over the years, people have taken loans from banks through various means to form bad debts...... Their actions have had a serious impact on the economic functioning of society as a whole. ”

"Understood." Ms. Tamara, who has been a secretary for many years, immediately understood what Dussander meant, "I immediately asked Aika to conduct a survey of these people, and try to control them as much as possible in the shortest possible time." ”

Dussander nodded, after all, Aika has a heavy task now, and it is really difficult to control all the "masturbations" in one go, "It is one thing to control their personal freedom, but also to completely control their money laundering and distribution networks - these funds are the key to our next response to the crisis." ”

Although Dussander has not received a systematic education in national governance, he understands one truth very well - governing a large country is like cooking a small meal. You can't rush it, and you can't ignore it entirely.

This is especially true of economic policy, where the quickest way is, of course, to issue a new currency immediately, and then to completely replace the gold pounds, shillings, and pennies that are in circulation. Take the right to issue currency into your own hands, and then control the commercial banks, so as to completely control the currency issuance at the root of the financial system.

But there were too many of these negative effects, regardless of how the exchange rate with the gold pound was to be established after the re-issuance of the currency in order to maintain the existing channels of smuggling between Newsal and the Empire, as well as to continue the trade with the Federation. Just to get ordinary people to accept this new currency, and to generate enough trust in the new currency...... It's a very difficult task.

Continued use of the gold pound could expose Newsal to other risks. Suppose the Empire played a total war completely, creating a large amount of gold pounds and then investing them in Newsar through various channels...... This move could completely destroy Newsar's economy.

So, to take back the right to mint money, and at the same time to issue new money. However, it is better to be able to exchange the new currency and the gold pound on the same footing and circulate in the market together for a period of time. Over time, the gold pound was gradually recovered, and the currency replacement was finally completed.

Before that...... Dussander must first guarantee the stability of the pound, or at least the stability of the currency in the minds of the people of Newsal.

"Also, investigate the nobles who lent money to the Royal Bank of Newsall 27 years ago." Something suddenly occurred to Dussand, and before the meeting ended, he said to Ms. Tamara, "Determine the percentage of the loan between them, and how much repayment they have received over the years." ”

Dussand's idea is simple, over the years, these nobles have most likely received interest many times higher than the principal. These people not only did not lose money, but even earned several times or even more than ten times the interest. Under these conditions, negotiating with them is also a way to go - you give Belford a face, I promise not to shoot you - this negotiation idea should work well, right?